Quote:
Originally Posted by zoja
I think I will perform better at PLO500 than in lower limits. Sometimes the playstyles are just better suited for you, which is the case for me in 500.
This is a very wrong and dangerous assumption.
If you had enough skill to beat PLO500, you'd be automatically good enough to beat PLO50.
That's because the art of playing poker consists in the ability to adjust properly to
any opponents.
At PLO500, you'd be surely playing against strong winning regulars, but there would still be a recreational player or a weak reg at your table (otherwise just don't play at a table consisting of strong regs only) and your profit would come from the ability to win a lot of chips from those recreationals or weak regs in the long term. And this ability would surely allow you to win a lot of bb/100 at PLO50 because it's full of weak regs and fish.
But I guess that you're not winning much at PLO50 so you're not ready to beat PLO500 yet, regardless of how much money you have.
Quote:
Originally Posted by zoja
In PLO50 you have these 4-5 multi way pots every 2nd hand, i mean how can you bluff there, its just impossible, you just have to nit it up, which itself is tilting.
You can't win every pot, but you can outplay your opponents in every hand. Making a correct fold when they naively expect you to call is one of the ways to outplay and disappoint them. When you have a strong hand and they call, that will be the moment of sweet revenge, and overall, you'll be in profit because you'll lose the minimum when your hands are beat, but your opponents will lose a lot to you when their hands are beat by yours.
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In general, you seem to be making a money management mistake similar to the one that I was making 5 years ago. That's because you have a lot of money and think that you're obliged to put it to a good use immediately.
But in fact, there's nothing wrong in letting that money rest in a bank account for a while. Letting it 'do nothing' is still better than investing it with a negative expected profit, which would be the case if you invested it into playing PLO100+ because you likely don't know yet how to play PLO100 profitably.
Are you Slav? (Happy Victory Day, by the way!) If so, there's likely not much financial pressure on you as the basic life expenses are very cheap. For example, earning $300 a month, or $2 an hour, is enough for me to survive.
Learn to earn that $2 per hour (for example, at PLO5 or $1 Spin & Gos) to begin with. Make absolutely sure that you'll always be able to earn that $2 an hour even if things go wrong at the higher stakes. Then it will be so much easier for you psychologically to withstand downswings because you'll know that you can always go back to that PLO5 money printing machine and always feed yourself.
One you know that you're capable of winning in general, start working your way up stakes basing on your skill level. Be careful. If you have $10000 at some point due to running good at PLO25, that doesn't yet mean that you're ready for PLO50, unless your all-in EV in bb/100 is large enough (10 bb/100 or so). If you're not crushing PLO25 yet or you know that you don't understand some of the theoretical concepts that most PLO50 regulars understand well, learn those concepts first, beat PLO25 very hard, and only then move up to PLO50.
This bankroll management method may sound too strict but you need to understand that it's not 2010 any longer. It's 2017, and there are huge gaps in skill levels between the stakes, so moving up results in a higher profit in dollars per hour only if you're crushing the games at your current stake, because your bb/100 winrate is likely to drop by at least a bit upon moving up because of tougher opponents.
And this is the method that has allowed me to stop losing and get onto the path to recovery and to becoming a winner.
Good luck!