The games in Phnom Penh has been getting much tougher than I expected. It's still beatable but I find myself having to work hard for the +EV. I was joking with my table mates (1/2 games) at Naga yesterday that I am making more money playing blackjack (+$55) than grinding poker (-$4) here. Decided to call it a night and took a ride back home. The only reason I'll want to stay on is for "learning" purposes. If I want to make money, I am just wasting my time and energy.
The $5/$5 PLO games ran yesterday. One of the guys who was totally new to PLO decided to jump over from the $1/$3 hold em' games. The reason is simple. He has been logging profitable sessions (+$1K) even though this is his fourth day playing PLO. As juicy as the high stakes game is, I chose to remain seated in the "kiddy" NLHE games. Not going to sell my kidney playing the higher stakes games. This new guy is under-estimating the (negative) variance that can go on in these games. What do I mean? If I can be up +$1K in a 1-1 PLO session, some other players must have lost that $1K. In a 5-5 PLO game, the swings are magnified. Consequently, +$5K/-$5K sessions are possible and within expectations. And $5K is serious money here, way more than what a typical 2+2 troll earns in a month.
I was sneaking peeks at the 5-5 PLO games. The inexperience of this new guy eventually caught up with him. In a hand against a fish I played with regularly, he jammed 55Q
x
into his 58A
x
on a 3
4
67 board. "Oh s***, I misread my hand! I thought I already have a straight!" he exclaimed when they agreed to run it twice and turned over their cards. Mike, the room's owner, seated on his left, reminded him "You need two cards in this game, buddy!" Naturally, the fish's nut straight with nut flush redraw held up twice and he scooped a $600+ pot. Maybe I should have taken shots at the 5-5 PLO games. Maybe.
To be fair, this guy is a very competent hold'em player. Tight, solid, aggressive. But when it comes to Omaha, especially at the higher stakes, he's the hunted, not the hunter.
Btw, if you (the new guy to PLO) happen to read this, please don't feel offended, attack and threaten me in live games, then collude with the rest of the table to play against me. I told PT that if this s*** happens to me again, I'll rack up and take my business elsewhere. I am not a house player so I have the freedom to choose a pleasant playing environment to grind.
Last edited by WarMage87; 06-29-2017 at 11:24 PM.