Update
There are many things that I would love to post about my thoughts and opinions on live poker vs online, private games, cash v mtt, young players in the game, true winning regulars and in general an oversight to how my view on poker has changed in the past year. However most of what I have to say is exactly the same as what has already been said by RobFarha here:
http://forumserver.twoplustwo.com/sh...postcount=2232
Special emphasis on mtt vs deep stack cash, and how I hate variance in the gamble fests that are short stacked forms of poker, tourny or cash.
Since my last post I have achieved my goal of playing only 5-5 and higher, mostly 5-10. I think this is an important step because as of right now travelling 25 minutes to the casino to play 1-1 or 1-2 even if deep is really not worth it at this stage in my poker 'career'. The time and money I spend travelling to play poker at low stakes is very much -EV when compared to how I could spend that extra hour at home either relaxing, studying my game, or playing online, not to mention the fuel and cost of food when playing live that is saved. If i lived 5 minutes away this would be very different, but unfortunately I don't so it's what I have to deal with.
This all said my private game has overall been a great success. It's been a mixture of NLHE and 6 card PLO with varying stakes from 5-5 all the way up to 10-20-40. The game consists of myself and the two other biggest winners in the live scene currently, and then a mixture of recs whom essentially just love to gamble it up at higher stakes than are offered by the public games. I was very surprised at some of the people who reached out to me asking to play in the game, as these players would not play in the 1-2 deep stack ( my main game of choice until I started running this private setup ) and chose to play the lowest stakes games offered. Upon asking them why this was, it was because of the atmosphere at the table.
The 1-1 is very much a happy go lucky, have a few drinks and punt in a few quid sort of affair. Whereas the 1-2 is a much more serious affair, partly due to playing for higher amounts of cash, but mainly imo due to the types of players. The private games play far more like a 1-1 than a 1-2, even when the stakes may be 10x higher. A good example of this is how commentators always note when talking about the difference between the main event EPTs and the SHR's, the SHR's are way more casual, despite the increase in money being played for.
Moving more towards results there is a general consensus of how things go when I'm playing ROE ( round of each NLHE/PLO ). I lose all my winnings from NLHE in 6 card PLO. As I've stated previously, I believe myself to be hypercritical when it comes to evaluating my own game, and this is especially important in a game such as PLO due to the massive swings involved. 6 card PLO is pretty different from 4 card PLO, and to my knowledge is much more about pot control and nut pedaling than regular PLO. Due to these reasons, 6 card PLO is not a game for reg battles, as edges are tiny vs people who are capable of folding the second nuts no problem. However it's a game in which a reg can have a HUGE edge vs a rec due to this exact reason. Stacks are in play every hand in 6 card for the rec, whereas that just isn't the case for a reg.
So back to my results, in PLO I'm getting destroyed. -£20k at least. Vs this one particular guy I can't win a hand, it's sick! Thankfully the rounds of NLHE I mop up and put in some headway to filling in my PLO hole. Overall atm I'm down around £5k~ since I started playing in this game, which leaves me roughly even on the last 3 weeks of poker. I find this depressing and motivational. Depressing because I know if I had continued to stick to NLHE, I'd be up
chunks however my venture into PLO land has helped me deal with massive swings and more than likely made me a better player in NLHE due to the amount of money I'd been throwing around in 6 card.
At present I'm unsure if I want to play any more PLO, the edge is massive, but variance is also massive, especially at the stakes for my roll. I know for a fact that if I were to run half as good as the villain who has crushed my soul for the last week, I'd be up £20k~ from PLO alone, whereas he's sitting around even due to him just being terrible in general haha.
We shall see! One more week of poker left before I'm off to Spain for a 2 week break. Plan to read a few poker books whilst I'm out there but in general clear my head of it, because for the last 3 weeks all I've done is sleep, eat play poker.
gl every1 and I hope you enjoyed my mind vomit :P
https://www.youtube.com/watch?v=HlI9HGWftCg