I've graduated
An update on the Bankroll Implosion Recovery Experiment:
As I've written previously, my bankroll disappeared a couple of weeks ago due to a week of bad beats and bad decisions. Rather than do what most people would do, namely deposit additional money, I decided to see what I could do with a stray $1.79 I found in my account at Ultimate Bet, where I hadn't played in several months. To do so, I felt like I needed a change to keep me fresh, so I decided to shy away from hold'em, which had been very, very bad to me of late, and instead play only pot-limit Omaha 8/b. Of course, with only $1.79, I was relegated to the penny tables.
I am happy to report that stage one of my comeback is complete. I had decided that if I could turn my $1.79 into $50, I would move up to the next higher stakes game, the .10/.25 PLO8. That occurred Saturday, with a $10 win Friday and an $8 win Saturday at the penny tables. Though I was anxious to get into the higher limit games right away, but I decided to call it a day and get a night's sleep with the satisfaction that I had accomplished one of my goals in this little experiment.
Sunday was graduation day, and I fired up UB and jumped into the quarter game. I have to say, I was very surprised at how much the competition improved from one limit to the next. I had figured the quarter game players would pretty much be on par with the penny maniacs, but I was wrong. I had to make quite a few adjustments, because these guys would actually fold preflop. I had become accustomed to the payoff possible when eight people see the flop and at least four would call all the way down. That just wasn't the case most of the time in the quarter game I played. It very often became a matter of only three people seeing the flop and only two showing down, which meant many hands were break-even affairs when the final two split the high and low. Or, since the quarter game is raked, it could very well turn out that both would actually lose a few cents. This situation had me in trouble at first, and my variance was wild, but after adjusting I was able to end the evening up another $32.
So, to recap, after 13 days, my $1.79 has grown to $82, an increase of 4,581 percent. (Damn, that sounds a lot more impressive when I put it that way.)
As I've written previously, my bankroll disappeared a couple of weeks ago due to a week of bad beats and bad decisions. Rather than do what most people would do, namely deposit additional money, I decided to see what I could do with a stray $1.79 I found in my account at Ultimate Bet, where I hadn't played in several months. To do so, I felt like I needed a change to keep me fresh, so I decided to shy away from hold'em, which had been very, very bad to me of late, and instead play only pot-limit Omaha 8/b. Of course, with only $1.79, I was relegated to the penny tables.
I am happy to report that stage one of my comeback is complete. I had decided that if I could turn my $1.79 into $50, I would move up to the next higher stakes game, the .10/.25 PLO8. That occurred Saturday, with a $10 win Friday and an $8 win Saturday at the penny tables. Though I was anxious to get into the higher limit games right away, but I decided to call it a day and get a night's sleep with the satisfaction that I had accomplished one of my goals in this little experiment.
Sunday was graduation day, and I fired up UB and jumped into the quarter game. I have to say, I was very surprised at how much the competition improved from one limit to the next. I had figured the quarter game players would pretty much be on par with the penny maniacs, but I was wrong. I had to make quite a few adjustments, because these guys would actually fold preflop. I had become accustomed to the payoff possible when eight people see the flop and at least four would call all the way down. That just wasn't the case most of the time in the quarter game I played. It very often became a matter of only three people seeing the flop and only two showing down, which meant many hands were break-even affairs when the final two split the high and low. Or, since the quarter game is raked, it could very well turn out that both would actually lose a few cents. This situation had me in trouble at first, and my variance was wild, but after adjusting I was able to end the evening up another $32.
So, to recap, after 13 days, my $1.79 has grown to $82, an increase of 4,581 percent. (Damn, that sounds a lot more impressive when I put it that way.)
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