Mar 28 2011

Long Overdue Poker Update

Published by at 10:49 pm under Poker

It’s been a while since my last poker update. I haven’t played much poker for a while. I took a break from poker around May of last year. When I started my new job in June, there just wasn’t time as I was trying to get up to speed with everything going on there. Pile on the normal chaos of a family with 5 kids, and it just wasn’t a good time.

Well, I’m trying to get back into it. So one of the first items of business was to update my records that I had been keeping. I really didn’t have much of an idea how bad last year was, but I knew last year was my first losing year playing poker since, well, ever. That wasn’t a good feeling. I had losing days before, obviously, and even losing months. Never had a losing year before.

No matter where you look, there is evidence that the games are getting tougher. I’m not convinced they aren’t beatable, though. The itch to play has come back too. So I have intentions of scratching it and trying to get back to winning some again. Poker has provided a lot of fringe benefits for the family and it’s still something I enjoy. I really want to get back to that.

Down to dollars and cents:

As I said, last year was the first losing year I’ve had playing poker. All inclusive (bonuses and rakeback) I believe I lost about $1600 last year nearest I can piece together from everything. If that’s off, it’s only off by a few hundred one way or another due to a miscalculated cashout. Since I was playing a lot of 100nl nlhe and plo, that really isn’t that bad. An 16 buyin swing is the equivalent of a bad day, basically. I pretty bad day, but a bad day still. I’ve had a few days that were more than that won or lost in the past. It was just part of the game.

When I quit, I was a bit frustrated with poker, but it wasn’t really with the amount I had lost. That was well within my comfort level of what I could lose. In fact, a bigger hit to my BR last year were cashouts (who knew a new job with a really decent pay bump could be so expensive) where I took far more out of poker than I had lost. The frustrating part was I didn’t feel like I was playing well. Those losses came over 66k hands of poker. I wasn’t making the right adjustments and wasn’t playing what I should have been.

Taking a year off is giving me a new perspective and desire to do well. Mostly to just have fun. I’m not depositing any more money. I have around $1k in my accounts right now and plan on attempting to build that up. Along with a new ambition to do well, I’m also switching games. A limit game this time. I’m going to try and see if I can make a successful run in limit omaha 8 or better. Those of you who don’t play poker and have made it this far, I don’t expect you to know what that is. Those of you who do play poker and have made it this far, I’ll give you a minute to stop laughing…

I’ve alway liked omaha. I’ve always liked split pot games (usually the 7 card stud variety). Mostly I’m intrigued by some of the success that Adam Schwartz (the podcast host) has had with the game and I think games like these are less saturated with good regulars which should give me a decent chance to do well. Each time I’ve switched games, it’s taught me new concepts I’ve always been able to take back to other games. I don’t expect to play just O8, FFS. It’s just my carrot right now. Hopefully a carrot that leads me back to where I had been in poker before last year.

I’ll post updates when I have them. O8 is a slow game and I can’t play as many tables as I could with nlhe. I don’t expect the 150k hands a year like I was able to do. I’ll be lucky if it’s more like 50k hands, but I’ll put up information as I have it.

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2 responses so far

2 Responses to “Long Overdue Poker Update”

  1. kennygon 29 Mar 2011 at 4:20 pm

    fuck poker imo. haha. it’s good to hear you’re getting back into it. so far this year i’ve been having a hell of a time.

  2. Anthonyon 29 Mar 2011 at 5:16 pm

    You better run good. I might need to be indentured to you once again.

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