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Online Poker Forum - Swings

 
Post new topic   Reply to topic    Online Poker Forum Home -> Fixed Limit Strategy Discussion
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Big Slick x13x
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Joined: 18 Jun 2006
Posts: 4129
Location: ROK

PostPosted: Fri Jul 13, 2007 11:33 pm    Post subject: Swings Reply with quote

I've recently started playing a lot of LHE. Right now I'm 6 tabling .25/.50 and had really swingy day. Is this normal to be this swingy? I'm taking a break right now as I'm finally back over even for the day and it was a hell of a grind. I also spotted a pretty large hole in my game that I'm going to read up on.


Please don't tell me these days are standard.
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fire_eyes_2k
The Burn Card


Joined: 18 Jan 2006
Posts: 3348
Location: Old York

PostPosted: Sat Jul 14, 2007 10:36 am    Post subject: Reply with quote

Well generally no, swings that big don't happen. The lower the limit you play the bigger your swings will be, but that's pretty extreme. I reguarly have +/- 50BB per thousand hands and thats 6-tabling 2/4
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mathman1115
Wizard of Odderation


Joined: 01 Sep 2005
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Location: Land of the Fightin' Phillies

PostPosted: Sat Jul 14, 2007 12:13 pm    Post subject: Reply with quote

Back when i was playing $1/2, i had two occasions where i won close to 100BB in under a 1000 hand span, and i had three occasions where i lost close to 100BB in a 1000 hand span. All of this was over a 20000 hand span.
I was not multitabling, although i think i played two tables at once occasionally. But i think in general, these streaks are going to happen at these levels. I am sure i had (have) leaks in my game as well, and as time went on during these 20000 hands i think i had plugged at least some of them.
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griffinlord
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Joined: 20 Jul 2005
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Location: The Great Plains of South Dakota

PostPosted: Sat Jul 14, 2007 1:37 pm    Post subject: Reply with quote

On another forum I read a guy who claims that limit has more variability than NL. Not sure if this is true, but I tend to believe it because folks so often get the right odds to chase in limit.

Anyway....depending on your standard deviation you can expect more or less swingyness. I tend to believe that SD is higher in lower limit games and if you were to run a simulation with an SD in the 12 to 15 BB/100 range and graphed the results you'd often see results like you are getting.

However, by the time you've finished 50,000 or so hands you should be overcoming the variance and see whether your long-term trend is + or -.
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monnot
Straight


Joined: 23 Mar 2007
Posts: 101

PostPosted: Sat Jul 14, 2007 10:40 pm    Post subject: Reply with quote

I think if you play good poker at lower levels this will happen. As of right now I only play live but it seems any stake I have played at so far you will get 4 people to the turn. In NL you can raise 4x bb and not get crap calls (usually) but in low limit they love to see the flop and you can't stop them. I believe the variance is higher in limit and the swings can be bigger. I'm taking a break after losing the last 4 times i've played.
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IABoomer
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Joined: 29 Oct 2006
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PostPosted: Sat Jul 14, 2007 10:48 pm    Post subject: Reply with quote

At the lower limits, I don't think 100BB/700 hands is anywhere close to impossible or even improbable. You'll find lots of players chasing, playing odd hands in odd positions leading to higher variance in the game, especially if you end up at a table with 3-4 of these maniacs.

It's fairly easy to ride it out against one, but against three or four, someone's always sucking out against you. Things like semi-bluffing draws go out the window, because they won't fold if they have any part of the board.

Good luck. I feel your pain. I've had days like that and they're not fun at all.
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Big Slick x13x
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Joined: 18 Jun 2006
Posts: 4129
Location: ROK

PostPosted: Sun Jul 15, 2007 1:11 am    Post subject: Reply with quote

I think PT said my SD is about 15BB / 100. Today was much worse then yesterday as I didn't have a huge upswing at the end. Here is my entire .25/.50 for the month.



I hate this game sometimes. The only hand that I'm still making money on consistently is AA and AK.
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Moshiach
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Joined: 04 Oct 2005
Posts: 1962
Location: 25NL

PostPosted: Sun Jul 15, 2007 1:29 am    Post subject: Re: Swings Reply with quote

Big Slick x13x wrote:
I also spotted a pretty large hole in my game


What's that?
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Big Slick x13x
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Joined: 18 Jun 2006
Posts: 4129
Location: ROK

PostPosted: Sun Jul 15, 2007 2:55 am    Post subject: Re: Swings Reply with quote

Moshiach wrote:
Big Slick x13x wrote:
I also spotted a pretty large hole in my game


What's that?


That I didn't know what a really large hole was. I read up on it and it turns out that it's not a hole at all, it's completely common.

My biggest hole right now is that for some reason KK is somehow < K9o every damn time.
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ridic x
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Joined: 03 Nov 2006
Posts: 485
Location: At your tables stealin your moneyz

PostPosted: Sun Jul 15, 2007 4:02 pm    Post subject: Reply with quote

griffinlord wrote:
On another forum I read a guy who claims that limit has more variability than NL. Not sure if this is true, but I tend to believe it because folks so often get the right odds to chase in limit.-.


Very true about the variance thing.

As for swings I've had 100BB swings in the course of a week before, but at months end it should all balance out and I'd say you should come out ahead if you're playing correctly and not bleeding your money.
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fire_eyes_2k
The Burn Card


Joined: 18 Jan 2006
Posts: 3348
Location: Old York

PostPosted: Sun Jul 15, 2007 5:02 pm    Post subject: Reply with quote

Random and irrelevant question here: Does BB in your graph refer to Big Blinds or Big Bets? I always prefer to think of Big Bets in LHE.

If there were no large swings in LHE, the Bankroll Management rules owuldnt suggest keeping 300 - 500 BB in your bankroll would they. But hey, at least youre in the black!
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Big Slick x13x
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Joined: 18 Jun 2006
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Location: ROK

PostPosted: Sun Jul 15, 2007 5:21 pm    Post subject: Reply with quote

Of course it's Big Bets Smile. I wouldn't have it any other way. After 6200 hands I'm showing a 30c profit. So annoying. I only played about 600 hands today for a 4BB loss which is sadly refreshing. This is the most poker I've played in a short time in well over a year and this is the first biggish downswing I've had in LHE.
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bigwheell
Royal Flush


Joined: 27 Apr 2006
Posts: 830
Location: North Dakota

PostPosted: Sun Jul 15, 2007 11:31 pm    Post subject: Reply with quote

At least you have rakeback to help offset the losing sessions...Any limit player who plays a lot can show you a graph worse than that over the short term...

This is normal.

On another note,

I have starting playing a little NL 6max. I am tired of the grind too with limit...

2.5k hands so far and up $147 at 25nl.
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fire_eyes_2k
The Burn Card


Joined: 18 Jan 2006
Posts: 3348
Location: Old York

PostPosted: Wed Jul 18, 2007 1:18 pm    Post subject: Reply with quote

Here's my graph for July to date, swings go up and down as you can see:



And here's an upswing. Not as dramatic as slick's, but +87BB in 900 hands is damn good.

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