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1/3 Grinding and Bankroll 1/3 Grinding and Bankroll

09-25-2024 , 07:51 AM
So far running well in this early morning session, lost KQQ96ds to wide ranges but won a dsKK763 against them and more than compensated for the earlier loss. Correctly folded the nut straight on the flop in a big pot too where I limped EP tried to back iso the fish but everyone called. Feeling like I’m finding my mojo again. Dumbo’s got his groove back!! Gotta keep up this positive momentum.
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09-25-2024 , 03:26 PM
Up $3,374 in 10 hours…let’s go! Felt like the good old days of easy run good money again.
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09-26-2024 , 04:04 AM
Got plenty of sleep, over 10 hours, now lattes and music (alanis morisette, "crazy," madonna, "love profusion," "erotica," nelly furtado, "I'm like a bird," above and beyond, "alchemy," rihanna, "what now," dido, "hurricanes"), phil galfond, exercise...thinking extra jumping jacks today to really get the cardio going, maybe some stretching too.

Has anyone read corey mikesell's plo5 pamphlet? Just wondering if it's worth $197, seems steep next to some alternatives (ahem...). looked for reviews and did not find any.

Someone last night congratulated me on my big score and asked if I was the person on 2+2 who won $70,000 a month this year...lol rumors are funny. I really wish.

I can feel the frustration dissipating session by session as I book wins, tilt is like a sickness slowly getting better and the medicine is rungood. Going to really focus on preserving this momentum and play disciplined, after my session yesterday I remembered how much happier I am when winning and really don't want to go back to that dark place again so I'll do everything I can not to. I remember this winning reg was criticized by another player for playing too tight a long time ago and his response was "I don't want to lose." Totally makes sense to me now. Playing tighter preflop definitely helps reduce the losses.

Looks like I'll sell another strat guide soon which always helps too.
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09-26-2024 , 09:27 AM
Taking lower variance lines pre today, AAK82ss flatted as did with AKKQ7ds. Found easy folds on the flops. (Would have won at showdown potentially if I iso’d and gotten it heads up but that was far from guaranteed.) Feeling like my mental game is back where it needs to be after a couple wining sessions finally. Winning so far today as well. This is really nice.

Winning at poker is also great for my mental health. That’s worth a lot. Reducing the losses is really important. If this spell has taught me anything it is that not exacerbating the runbad with play bad is absolutely essential to my wellbeing.

Last edited by DumbosTrunk; 09-26-2024 at 09:51 AM.
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09-26-2024 , 12:08 PM
As a massive nit, it has always been my theory that if you have two completely opposite methods (one very low variance and one very high variance) that produce somewhat-in-the-ballpark ~same-ish results, that you'd be far better off taking the low variance route... as most humans suck terribly at dealing with high variance routes.

GlongsinglesentencesismybusinessandbusinessisgoodG
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09-26-2024 , 01:19 PM
Quote:
Originally Posted by gobbledygeek
As a massive nit, it has always been my theory that if you have two completely opposite methods (one very low variance and one very high variance) that produce somewhat-in-the-ballpark ~same-ish results, that you'd be far better off taking the low variance route... as most humans suck terribly at dealing with high variance routes.

GlongsinglesentencesismybusinessandbusinessisgoodG
I’m honestly not sure whether some of my massive scores this year would have been possible had I not pushed the envelope preflop and taken higher variance lines at times. I bet winrates are higher with higher variance but downswings are bigger as well.

Which you prefer depends on your personality and risk tolerance really. Some people are “go big or go home” and others want easy, steady money with little stress. Come to think of it, that probably describes the difference between many hold em players and plo players pretty well. Some are willing to take bigger risks to win more while others want less risk in exchange for lower returns. Plo players buy bitcoin and hold em players buy CDs?

Funny because I probably fall in between as most of my investments are in the stock market which has considerable short-term volatility but overall long term positive returns. (And no crypto.)
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09-26-2024 , 05:06 PM
Up $4,300 today when the game broke. gonna wrap up soon just want to reset my sleep schedule a little more. AA v. AA all in pre was the biggest one against super aggro action player on tilt.

Obviously I am ecstatic. Helped to see family and doggos the other day and recenter and remember what’s important in life.

Last edited by DumbosTrunk; 09-26-2024 at 05:13 PM.
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09-27-2024 , 05:38 AM
Got a solid ten hours of sleep again, enjoying Nespresso lattes now, a little in-home jogging in place to get the blood flowing, will probably do just a light exercise routine today for a change of pace before hitting the felt, nothing too vigorous, don't feel that kind of energy.

All things considered, given how poorly I have been running I have held it together rather well and didn't completely lose my sht. I had my moments, but hardly a total meltdown I see happen to some others (recalling the Argentinian pro on monkey tilt jamming 72o and 62o for stacks at 5/T/25 were fun ones). So I'll call this period a learning experience and in a sense a win...it could have been so much worse if I let it get there. I have definitely come out stronger on the other side of this downswing, I can tell in my demeanor at the tables and how I interact with other players.
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09-27-2024 , 05:47 PM
Up over $3,000 today between 1/2 and 5/5, felt confident enough to play the bigger game for a change. Looking up, maybe another heater coming? Game was good when I quit but I was tired. Biggest was AKJT9ds 986 my nfd got it in 3! pot and got there. coaching session went well too.
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09-28-2024 , 06:27 AM
Over a $10,000 upswing recently has helped me find my motivation and soothed my nerves. I'm no longer quite as worried about cash flow and bankroll management as I was just a week ago. I also glimpsed my monthly results for 1/2 plo and miraculously discovered that I was winning several thousand despite the atrocious runbad and some playbad this month.

Gonna listen to music while sipping my lattes on the couch, exercise, and see if anyone is still playing overnight.
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09-29-2024 , 07:07 AM
Had a slow session, got an AA cracked once by KK, otherwise somewhat uneventful, got in a big pot with a maniac with AJ975ds and got it in with top two at a tiny spr against top two with a fd and they got there. Lost AA top set ott in a 3! pot too to a straight. At the end won a 4! pot with KT987ds on T65r. Ended down $350 or so before leaving to meet my ex for dinner and curb your enthusiasm reruns, then crashing from the food coma.

Plenty of sleep, now lattes and music before seeing how late the Saturday overnight games ran.
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09-29-2024 , 10:23 PM
One week of results should have minimal to almost no impact on your BRM. If it does, you’re not following proper bankroll management.

My two cents.
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09-29-2024 , 11:08 PM
Quote:
Originally Posted by Exploitable
One week of results should have minimal to almost no impact on your BRM. If it does, you’re not following proper bankroll management.

My two cents.
Relax..I am very very overrolled for my games if you factor in my total net worth and investments. I just don’t want to touch those and my cash is a little tighter than usual.
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09-30-2024 , 10:51 AM
Quote:
Originally Posted by DumbosTrunk
Relax..I am very very overrolled for my games if you factor in my total net worth and investments. I just don’t want to touch those and my cash is a little tighter than usual.

How big of a bankroll do you need to play all those high stakes plo5 games? You a 25/25/100 reg right
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09-30-2024 , 02:51 PM
Quote:
Originally Posted by PatPat8
How big of a bankroll do you need to play all those high stakes plo5 games? You a 25/25/100 reg right
Most of the HS PLO5 games that run are 25/25/50 or 10/10/50 with occasional 100. The second game has a $1k minimum which I often buy in for. (Although I do not play as often as I used to before my downswing...gotta regain confidence.) I would suggest someone buying in deeper like over $5k have several hundred thousand dollars or more.

Played a late session to recoup the losses from 5/5 where I ran bad with dsAA and lost AQT95ds on QJ4 to AAJT4 in 3! pot at a low spr. Ended up making around $1,200 on the night which I was happy with.

Lattes and music now, got a new student too. Have not checked the monthly profit but by my estimation I am losing only a little this month if not close to break even, similar to previous losing months.
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10-01-2024 , 04:13 PM
Won around $500 to round out the month, a little at mix, hold 'em, and plo. At plo re-raised 98754ds and got it in on 954r and lost to pair nfd. Otherwise ran well though. At mix my pat 5 dugi 7 low held at badacey (A7542) and I scooped with aces full in stud 8, a welcome change. Ran bad at 2-7 triple draw, missing my good draws or bluffing with a pair and getting called.

Plenty of sleep, a coaching session then a new month begins! Excited to see how big the come back will be.
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10-02-2024 , 04:21 PM
Broke even the first day of the month, lost AJT98ds in 4! pot, made top two nut nutter but river brought in a bd flush and V donked large and I folded, lost AQJ75ds multiway all in, scooped AA772 multiway though, lost overpair nfd gutter to set near the end and was getting tired so I called it a night. Got raised off top set at a high spr for a very large (relative to the main pot) dry side pot and would have scooped, that was unfortunate.

Waking up slowly now, sun is shining at least. Gonna exercise then play. Maybe some mix since it's Wednesday.
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10-03-2024 , 08:32 PM
Won $1,000 or so last night, got good sleep and some exercise and a coaching session, and another interested student or two…coaching is really picking up it seems which I don’t mind at all. Having another steady source of income is always nice. I wonder if I am still charging too little at $100 an hour though.
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10-03-2024 , 08:38 PM
Quote:
Originally Posted by DumbosTrunk
Won $1,000 or so last night, got good sleep and some exercise and a coaching session, and another interested student or two…coaching is really picking up it seems which I don’t mind at all. Having another steady source of income is always nice. I wonder if I am still charging too little at $100 an hour though.
Much more and you might find the potential student pool drying up. Better to think of it as a nice side hustle at this point.
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10-03-2024 , 09:05 PM
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Originally Posted by jrrdesert
Much more and you might find the potential student pool drying up. Better to think of it as a nice side hustle at this point.
Why much more? I’m going up to $150 an hour next month.
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10-03-2024 , 11:02 PM
Quote:
Originally Posted by DumbosTrunk
Why much more? I’m going up to $150 an hour next month.
Gl with it
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10-04-2024 , 05:36 AM
Quote:
Originally Posted by jrrdesert
Gl with it
I misread your earlier post lol. I thought you were suggesting that my rate was not high enough. Anyway thanks …even if I get fewer students it means more time to play. Coaching takes a lot of energy.
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10-04-2024 , 04:08 PM
Lost a few grand, ran bad in some big pots at 1/2 plo, was card dead at 10/10/50 (played in a good line up for a couple hours). Got T-high in three ways against two high card hands and as I figured I was a favorite as they were blocking each other. AQJ87ds lost all in to some pretty trashy hands too, and AA got outflopped by a blind hand at spr sub 1. A bluff didn't get through either and I lost AA nfd in a 3! pot to a set. Good solid sleep and I don't have to coach today so I will be very fresh for my session. Lattes music and exercise then hit the felt. It's the weekend!
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10-04-2024 , 05:14 PM
I read the existing written literature on plo5 the past week...here are my thoughts:

The Five card formula (corey mikesell): $197, around 40 pages long. Some good ideas on spr and how that changes our plans for the hand over multiple streets, and the advice on equities needed IP versus OOP at different sprs as well was useful. A little short and not as comprehensive or concrete advice as you might like for such an expensive book though, it is more high level and conceptual and full of graphs that take up a lot of space.

Uncovering Five-card pot limit omaha (David chen): $18, around 60 pages long. Written by a non-professional player, quite repetitive in many sections. Got 2-star review on amazon and I an inclined to agree with those reviews. A lot of advice is superficial and not in-depth enough, and some preflop advice is hard to understand due to the the terminology used. Some good advice on staying balanced with bluffs versus value with just a few examples, and playing different player types, but these concepts are not unique to PLO5.

Neither book has much on actual equities in various postflop senarios and stack off thresholds for various hands at different SPRs (unlike my ebook which is full of these examples), they just say "lookup the equities on your own." That's a lot of work and something a good book on PLO5 should include IMHO. Also neither went into particularly comprehensive detail on all the bluffing candidates in PLO5 as my book does (link to reviews below):

https://forumserver.twoplustwo.com/3...ebook-1839825/ ("Winning Five-card omaha stretegy," John Alba, 21 single-spaced pages - no graphs!).

Last edited by DumbosTrunk; 10-04-2024 at 05:43 PM.
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10-04-2024 , 09:52 PM
Just realized that when I’m playing mixed games I feel a sense of excitement about drawing to a good hand. When I’m playing plo I feel dread that I’ll be outdrawn or miss. Very different emotions in the two games.
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