Although I played heaps of PLO200 last month I just did not seem to be able to grind out any EV and I was running tons under to make things worse. I have never experienced a worse run over almost 2 million hands lifetime at PLO. At some point I just could not take it anymore and break even sessions started to feel like a success.
I took a couple of days off and went to Macau towards the end of Chinese new year. They were playing 2k/5k HKD with Cyrill the French con artist before I got there. That game at some point turned into a 10k/20k game and rumors are that the French action player won about 30m(~US$3.85m).
When I got there a 2k/5k PLO game was running with a couple big names in there. I recognized Rui Cao, Sam Tricket. "The Liar", "Socustiesf" and a couple other familiar faces that I have seen in smaller games in Macao before.
I am obviously way too busto for those stakes and played the 200/500 instead which was a 200/500/1k with a mandatory straddle almost every time it ran. I was buying in for 50k which was the minimum and blew six bullets over one week. I never had more than 100k in chips. My last hand I got it in for a 250k pot with AA62sscc against QQTTr and an unknown hand that might have been KK or Ax.
There were no huge whales in that game and it was pretty low value for a live game especially in Macao. Most regs however were pretty mediocre. Some where potting aces pre but limping Kings and 2.5x rundowns and almost everybody had sever bet sizing leaks that were very exploitable if you play with the same people every day and are aware of what is going on. The game was extremely deep with average stacks probably about 300k-400k. You can only run it once in Macao so if you have the right players in the game you can flip for a million HKD which I doubt many people are rolled for.
I played that 200/500 many times before with people who were getting stacked once per orbit on average. I remember one hand were and old Chinese guy who apparently had just started learning the game called a pot sized turn bet that almost put him all in with bare t2 on a qjt2 board.
I was doing Okish in the NLH games which is pretty funny as I am a much better PLO player. My last night in Macao I ran my roll over there down to 70k so I decided that I just play some ten handed 100/200 NLH. That's a must move game which runs around the clock in the Wynn and has almost been very juicy when I played it over the last couple of years and is definitely high value and easily grindable. I won 70k that session so I was stuck only about 200k for the trip.
Headed to Hong Kong for a couple days of rest and recreation and shopping before going back to BKK. Back home I quickly dropped another $15k to make this a $70k loosing month which is by far my worst month ever and approximately the same amount that I won in my best month so far. Total I dropped about $100k since my career peak in December.
I am still comfortably rolled for 10/20 online by any standards but I have a lot of dough in the stock and bond market and I don't really wanna touch that so I hope I'll grind it back with what I have left liquid.
It's pretty sick how much that variance messes with your mind. You can run like good for hundreds of thousands of hands and reverse. The guys who have all the money at the end are those that kept going and did not become insane on the way. I am still somewhat confident that I am playing winning poker and eventually will be one of them.
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| February 2013 bb |
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| February 2013 Dollars |
