Hey guys
I am Mario, from Austria, Vienna. ( so my english is not perfect
) Currently i am 32 years old.
I play Poker since 14 Years, and Omaha for like 10 Years or so.
In the last 3 Years, i worked very hard on my game and i think i am on a very good level right now,
especially in PLO (big thanks to Jnandez, for me one of the best PLO Coach at the moment).
But also the Book: "Mastering Pot-Limit Omaha (by Herbert Okolowitz and Wladimir Taschner" is one of the best PLO books i have ever read.
But also an very important factor is the experience!
Experience is essential, and no coach or book can learn or teach you experience,
you need to play a lot of hands for a lot of years to gain experience.
A little bit about me: i am a winning player online and live, but i generally play very much live poker. i also won a SCOOP on PokerStars, of course a PLO Tournament
I don`t like to talk too much about money, winnings and stakes ( i played them all, from PLO2 with a lot of fish to PLO2500 where i played against Isildur1, omaha4rollz, Jessica5218, LarsLuzak and many more top pros, and yes, i won
)
But tbh i have to say, that PLO2500 Sessions, i did not played with my money, i was coaching a friend in PLO, he has the money for this stakes, and i managed to win 5 digit winnings in some coaching sessions. ( i told him, that it`s better to NOT play that high, but he have the money, so he said he want play that high, ok.. ) Of course he gave me something from this winnings, for example he invited me to the 1,5K WPT Deepstacks Barcelona 2019 with 1MM gtd, and also in Austria he invited me to a 1K Tournament (with 1 Re-Entry) and some lower stakes like 440€ Tournament or 275€ PLO Tournament, but unfortunately i busted in this higher stakes tournaments against Badbeats where i have been a big Favorite and my opponents hit their 2, 3 or 4 outs. Unlucky, but i am not here to tell you Badbeats
I have been an PokerStars Player, but since the Rakeback is an impudence, i changed to Partypoker, and i now love Party
Ok now you have a little bit of my Background
I see a lot of people playing Poker, but at stakes they can not afford. They play against all BRM ( Bankroll Management ) rules.
Of course they will go broke, for sure! Almost everybody has done this wrong, and a lot of players know it, but still keep doing it wrong.
So i want to start a
PLO 6-max (4-6 tables) Challenge, to prove, that you can win in the long run (when you beat the game you play! if you don`t beat the stakes you play, you lose anyway!) and i also want to prove that (almost) everybody can make it from micro stakes to mid or even high stakes, all you need is: learning, learning, learning, constantly improving your game, put in enough effort.
So my first thought was: how much money would be good to start this Challenge? i don`t want to start from PLO2, since PLO5 is even low for me, but i had to find a middle way, to make a Challenge and to use only little money, so everybody can afford this.
So i said ok, PLO5 is the perfect start for my Challenge. Normally, my BRM advice (for skilled players) is at least 50-75 Buy-Ins for PLO, the more buy-ins, the better, because PLO is a very swingy game with a lot of variance, since equities running very close together. 100+ Buy-Ins is optimal. Because i am new to Partypoker, i tried out the software and deposited some $. not much. i liked the software and then i had the idea of this PLO5 Challenge.
So, my Bankroll on Partypoker at the beginning of this Challenge was 20€ ( its like 25$ ).
Of course, i could easy deposit more money and have more buy-ins for this PLO5 Challenge,
but i started with the 25$ because when i lose it, i can deposit again, and if i have a good start,
i do not need to deposit more money
But: Normally, my plan was to use 50 Buy-Ins for this Challenge, which is 250$.
But since i had a good start, i had the idea, of just using this $25 and look how far i can get with this $25.
There is only one Problem: 5 Buy-ins in PLO is way too small to grind a lot of hands,
since you 100% come to a point where you lose 5-10 buy-ins (or maybe even more) in one single session because of standard variance!
So, this is why i had to adjust my strategy, when i want to turn only 25$ into a lot of money instead of starting with 250$.
The reason why i do this: i was simply wondering if it`s possible to start with only 25$,
but i strongly recommend you, do not try this at home lol
and to deposit 250$ and play with 50 buy-ins, because its a lot safer,
and all i do now i just shotting with 5 Buy-Ins, which is generally not good
and against every BRM. lol
So my Challenge is now: Turning $25 into like 10K, starting from PLO5 (even if its against BRM),
so i had to adjust my strategy, because when i keep grinding some hours per day, i go broke 100% since i can not overcome the variance.
So i asked myself, what could be the best strategy to build the 25$ Bankroll to as high as possible in a PLO5 shot?
I had the Idea, to play PLO5 and quit each session when i win 1-3 buy-ins.
That means, its still shotting, and i still can go broke within 1 single session, but when i quit after winning 1-3 buy ins each session,
i can build the bankroll without playing a lot of hands, step by step, session for session.
( i know this sounds stupid, but it works! as you can see later - again, don`t try this at home lol
)
because when i don`t quit after winning 1-3 buy ins, i can lose in 1 hand like 4 buy ins and/or i can go broke because of the normal variance very easy when playing too much hands. it sounds very stupid, i know.
Normally, you make the money by playing a high volume of hands, by playing much hours per day, to generate your winrate ( bb/100 ) in the long run!
But i just make this 1-3buy ins win & quit sessions, since i want to shot only with this 25$ to see how far i come,
and can not afford to grind with some buy-ins only (at PLO5). Even tough it sounds stupid, it works for me.
and i will quit this win&quit sessions after i have reached the $250 for PLO5. when i reach the $250, i will definitely play my volume of hands what is possible, depending on how much time i have free for this challenge
I will update this thread regularly, and show you the HEM2 graphics.
As you can see above, with my controversial 1-3 buy-ins win&quit strategy, i run pretty good, it works for me.
Anyway, you can see below, i also had a lot of Horror Sessions, where i was like 5-6 (or even more?) buy-ins down, and managed to turn all this Sessions into a winning Session at the end!
oh and by the way, i told you i was coaching my friend on PLO 10/25 (PLO2500) last month, and there happened to me also a big horror session where i was down 12.000$ and i managed to win 18.000$ back for a profit of 6.000$ lol
and here are my current PLO5 winning and losing hand groups :
Ok that`s it for the beginning, i will update regularly as mentioned above
Starting Challenge-Bankroll : $25
Current Challenge-Bankroll: $125
Current Challenge-Limit: PLO5
Current Buy-Ins for this Limit: 25
Hands played in this Challenge: 3706
Current Winrate: 54,17 bb/100
Next Goal: Reaching at least 50 Buy-Ins ( 250$ ) and then play many hands for a high volume
Last edited by YouPayMyF458; 03-31-2019 at 06:45 PM.