Join Date: May 2005
Posts: 985
Not sure where to put this post so please move if necessary.
Anyway, I want to discuss how much variance there is from year to year playing cash games. For example, I have been recording my live results from playing mostly 1/2 NL for about 10 years. I have never had a loosing year from poker and have ranged from $2/hr in my first year to as high as $10/hr. This particular year has been a rollar coaster. I was averaging $10/hr for the first half and then lost 11 sessions in a row and am now down to under $4 an hour and have basically been breaking even for the last few months.
I don't know if I should chalk this up to variance or not. If I look at my prior years there was a gradual increase in my win rate. I was playing more hours back then, about 1000 hours a year, but more recently closer to 500 hours a year. So this has been my worst year since the first year I started playing. That's a little depressing. And when I think about my sessions as objectively as possible, of course I am making mistakes. It pretty rare for any of us to play a flawless session. But my mistakes pale in comparison to others at the table and they are in there winning pots and splashing around and here I am folding every hands and bleeding chips with the occasional missed flop, whiffed draw, etc.
Now I know variance is part of the game, but from a math perspective, if I am normally say a $8 - $10/hr winner for the last 5-6 years and now I am under $4, is that just variance? I will say I think the games had more action around the mid 2000's. I don't think people have as much money today and there are more regs and not as many guys rebuying like crazy etc. I remember there being more action more consistently years ago. I used to jump into a 2/5 game open utg to $40 and get 7 callers, lol. My local casino rarely runs a 5/10 NL game anymore. But on the other hand it runs 2/5 and 5/10 PLO and round by round so who knows. Either way, 1/2 NL should always be beatable and it doesn't take a genius to beat it. When I think back I played more ABC straighforward back then. I played a little more tight passive PF than I do now. Now, I raise a little more open in position, and I observe and read better than before and I fold more OOP. I also has a bigger bankroll back then but I still am properly rollled now too. Overall, I feel like I have a better understanding of the game today but sometimes that knowledge can hurt me because I overthink and make some weird hero calls or take weird lines that are not necessary.
Still, I am still an amateur and don't always play consistently or the same way. Sometimes I get a bit titled or spewy, but I am aware of it and work on it the best I can. With all this in mind, I would like to know if this is standard variance or if I should be concerned and re-evaluate my game. And, how do I know HOW to evaluate if it is variance or my play? Or some combination of both?
Please help me with this because this year has sucked!!