Monday, August 22, 2005

I tilted pretty hard for the first time in a while last night. Mirage 40/80, I was up a bunch, then lost a few tough hands. We kept losing players, and I promised I would leave when we were down to four-handed. This one guy put a couple tough beats on me and then left (as soon as he got back to even, of course) and then another guy put a couple tough beats on me and he left (as soon as he was back to even) and so suddenly we were three handed and I couldn't win a hand. Seriously, we must have played 80-100 hands, and I probably won three of them, all tiny pots where my lone opponent check-folded the flop. When you're paying $20/hand in blinds alone, that can get costly.

This one guy who was all-in two hands in a row at one point went on a tear flopping sets and straights and full houses every other hand, managing to come back and have a nice winning session, all the while I sat there plummeting like I haven't in a long, looong time.

Sometimes, try as you might, you can't beat 83o.

That culminated an entire week where nothing could go my way. I was up and down, up and down all week, until Saturday when I got hit pretty hard, and then Sunday, as I said, I was up a bunch before getting rocked. I think the week's worth of frustration set in on me during that last fateful hour of three-handed poker as I dropped like a stone. There's nothing I could have done to not lose money, but I certainly could have lost a fair amount less.

So I had my first losing week in I can't even remember how long, and definitely the worst week I've ever had. It's still been a good month overall since the first two weeks were fantastic, but this past week has got me thinking that maybe I'm overdoing it: too much poker, not enough other stuff.

What I need to do is really diversify my life. And regain some discipline at the poker table.

I had a big, long philosphoical rant thought up about poker, tilting and doing other things, but I won't bore everyone with it and just stick with that.

6 Comments:

Blogger d said...

Eric,

Short handed games inevitably have high variance. It is hard to play optimally after getting kicked in the junk for an extended run of hands. 3 handed you are constantly making tough decisions. In this case, it sounds like not following your plan of leaving when it dropped down to 4 handed really cost you.

By the way, from the financial returns point of view only, are you comfortable with your current mix of live vs. online play? It sounds like you've been at about a 50:50 ratio.
How does your hourly rate multitabling online compare with live play at 30/60 or 40/80? (probably your sample size is small, but guesstimate...)

Dave

7:49 PM  
Anonymous Evan said...

Post the rant.


Dave -- I'm confident that Eric makes more online.

11:48 PM  
Blogger Mr Subliminal said...

Yes, Eric, please post the rant.

11:58 PM  
Blogger eric said...

Sorry to disappoint, but the rant was a very emotionally charged exposition that would have good had I written it during my deepest moment of agony Sunday night. Now, being Tuesday morning, the rant would be a hollow shell of what it could have been.

That and I can't really remember half of what I was going to say.

But, wow, you guys must be the type to slow down and get as good a look as possible as you're passing the scene of a car wreck...

Dave--I've been playing 50/50. Hourly, I've averaged much better online than live, and it isn't particularly close. Playing six 15/30 games give me 400+ hands an hour, vs maybe 40 live. That's 10X...but it's half the stakes, so essentially 5X...but I'm making less optimal decisions per hand played online due to the absence of live reads/tells and the fact that I'm worrying about six games at once, so call it 2.5X...but then I get rakeback, so call it 3X, and that's pretty close to reality.

Although, even with my bad week, I'm still having a much better than expected year in live play. My casino hourly rate, even including a fair amount at 3/6 and 4/8, is embarassingly high. But that's only 240 hours.

The reason I don't play more online is that I can't stand more than 15-20 hours/week of online play. I'd just shoot myself.

6:50 AM  
Blogger Mr Subliminal said...

"But, wow, you guys must be the type to slow down and get as good a look as possible as you're passing the scene of a car wreck..."

Not at all. I just wanted to learn something from someone who can clearly teach me a few things.

5:38 PM  
Blogger eric said...

Mr Sub,

I meant that tongue-in-cheek. Hard to get that across sometimes.

Thanks for the compliment.

5:56 PM  

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