plo variance
Posted by best27
Posted by
best27
posted in
Low Stakes
plo variance
I just lost 8 buy ins at plo25 then managed to win them all back in the same session to be just above where i started the night.Is this kind of variance super standard,does anyone use a stop loss period i use to have 3-4 buy ins at nl but u could blow through that in 10 mins at plo?
Loading 8 Comments...
The place to play very loose is the BTN, and in BB when SB steals. Playing lots of pots with position HU or 3-way is the bread-and-butter in PLO. You should also loosen up when you have specific reasons to (reads). Don't be afraid to stab at pots that nobody seems to want, just don't do it every time. Don't build big pots without a clear idea why.
A smart TAG-style at small stakes should give you a flat-or-slightly-positive redline (non-showdown winnnings), and then you just sit back and let your big hands (showdown winnings) do the heavy lifting.
I also think stop-loss is player dependent. I'd pick a number based on when you think it bothers you and affects your decisions for the rest of that session. Alternatively, I've read in various posts that it's a good idea to not check results at all over a session. That way you are only concerned with making the best decision and not the financial outcome.
Not to mention there is a ton of EV to be gained if you play those downers better than your opponents do.
I know this is an old thread, but since i m thinking more and more about playing PLO (snowie effect...). I was wondering how diferent the variance was from NLHE, i mean how different is the ratio between the ALL in EV and the coolers compare to this same ratio in NLHE?? In tuitively i would think the ALL in ev ratio compare to the coolers ratio is much greater in omaha compare to NLHE. Amirite, ?sorry for the bad english and hope i got myself understood.
Yea, you are right. Notice even the best aces in Omaha are little more than 60 against an average hand pre flop. Top set against decent wrap is flipping. Compare that to Hold Em and its not even close. With that being said, that doesn't meany you should be running -10BI regularly. If you are, there is something wrong with your game. The low stakes player pool is horrendous, not much to say of better of the regs at those stakes as well. If you don't know how to beat those stakes, or are constantly losing, again, there is something wrong with either your game or strategy towards that player pool.
Here, take a look at my graph from last few weeks at PLO25. I've had sessions where I ran horribly, all in EV 250+ and I'm down 300+, several times. Still, through that, I managed an easy win rate. Honestly, no downswing (depending how many hands you put in) can affect a competent player from beating them. Work on your game honestly, not ignorantly, and you will enjoy (at least I do) PLO much more than NL.
Would you think using a software like InsuredPlay would be a good think for a player who can t take big swing verry well or the number of x you go all inx by the fee o this kind of product is not compensating the pain and the B game that follow?? I use this currently for NLHE and pay around 1buy in of fee every month for around 80k hands, for me it worth it a lot even thought i ran 6k above EV since using it (lol), but the otherway around would kind of feeel devastating while the current result only bother me just slightly. But if we go 3x as much all in in PLO (number pulled out right from my ass) i obv don t think it worth it. Any thoughts on that ??
Honestly, there is no need for InsuredPlay at those stakes. But if you feel you can benefit from it, go right on ahead. This is also why I think this site should hurry up and add the Add A Video section where we can record ourselves playing for everyone to critique. I think this would be immensely helpful for those struggling in the lower stakes.
Some sessions in PLO I rarely go all in for a few hours, others I'm constantly in it! A sick game! All I can recommend is to perhaps abandon any preconceptions you have of the game and start looking for the origins of those preconceptions, so you can understand why and where they came from. A lot of small stakes players feel misleadingly confident in their game, thus fail to detect major aspects & leaks in their play. Its not like no one ever managed to move up in stakes; if they can, why can't you? It seems to me to be that the you part is what's lacking there.
I mean, a few months back, I suffered a brutal downswing on PLO200 I've never experienced in 3years of playing, which brought me down to earth rather quickly, not to mention unpleasantly. As far as I wanted to blame the disgusting coolers, which seemed to be repeating themselves at similar timings, I couldn't disregard the fact that much more often than I wanted to admit, I was erring. And erring stupidly. Now when i look back, I don't even remember thinking through decisions during those sessions & can now see how desperately I was pushing marginal holdings into obscure spots , which only added the torment which I was already receiving from the variance! You can't expect to profit like that. I mean, where is my edge over that player pool if I'm playing that way. Not only that, its hard to detect that kind of play when you're ignorant of it. So like I said, if many others managed to profit off of small stakes, why can't you?
Great read and it conforted me in my decision to switch over, i m sure there is lot of regs who are still "erring" (as you say) in a lot of spots and the fact that i m a hard worker will probably help in the long term maybe even more efficiently than in NLHE. Tx for taking the time to reply.
Be the first to add a comment