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We all have these runs of bad luck where we get beat by suckouts and or when our cards never seem to hit on the flop. After seeing suckout after suckout, it is tempting to deviate from your normal solid strategy. But don’t do it! Deviating froma solid poker strategy will simply prolong your losing streak and you will find yourself needlessly squandering your bankroll. Just ride it out and accept that this is a normal part of poker. It happens to all of us. It happens to the best of us. And, it passes.

Another thing related to bankroll is you should always try to get the best deals, such as rakeback deals, in order to improve your winnrate. Even if there is no party poker rakeback for example, these top rooms provide great VIP programs nowadays, which are equivalent to a rakeback system. In essence you get a good chunk of your rate back, and this can make many slightly losing players into profitable players.

Here is another good bit of advice for sit and go players. If you lose three games in a session, stop playing for the day. Maybe the cards just are not going your way. Sometimes losing streaks are very short and taking a break will help minimize your losses while increasing the probability that you will return to your winning ways during your next SNG session.

Leaving a session early is one of those things that require the most fortitude in poker. Don’t get me wrong: it is very hard, for me too. I think most people do not or cannot do that. But this is the difference between casual players and players who play to make money. If you are a casual player, then why would you leave early, after you logged in to have fun, even if you lose a bit. But if you are a serious player, you need to be in the right mental state to play your A game, and it is better to terminate losing sessions earlier than later.

Then I switched to the $25 tables, which to me don’t really seem like they play all that different. I got up to about 14 stacks there within 5K hands or so, managed to give them all back plus another 4 or 5 stacks on top of it in the next 5K hands. So as it stands right now at the $25 tables I can’t seem to get out of the hole (albeit a small one) I’m in. I have this pet peeve about seeing a negative at the level I am currently playing.

Guess I just have to study and play more, unfortunately there is really not a ton of discussion about Omaha in poker forums. Anyway tonight was another so so session, I played about 600 hands and lost a few bucks. It seemed like every time I won a decent pot I lost another one somewhere else.

Well it was kind of a slow night, not many tables seemed to want to stay together. Plus I am tired and did not feel like playing a ton of hands. Overall it was a decent session, I wound up with about a buy in and a half in 300-ish hands. This was one towards the beginning of the session to get thing off on the right foot. Also a reason I like this game because people will stack off relatively easily. I have got almost 12K hands in at the $25 tables now, along with about 10K hands at the $10 tables. If I do not see something worthwhile by the time I hit 20K hands I think I will go back to what I know best, grinding the limit holdem tables. Looking over my stats I do not think I am playing much different now than when I was playing the $10 tables, the only real difference is I am a tad snugger. However at the $10 tables I am around 17 PTBB/100. At the $25 tables I am still basically even. Well down 4 buy-ins but that’s no big deal. It is about the same if I were to play blackjack online.

Finally I had another break even session. I donked off a stack early on against a maniac. And by some miraculous twist of fate I got all in on the flop with top set later on against a guy for a stack and it held. Everything else in between was just filler. I decided to enjoy winning some hands when all the money went in for a change and call it quits. I probably won’t be playing for the next 2 weeks or so.

So you sit tight, make some good out of position lay downs, pick up some information on a few players, and start to get a feel for the table. As you are doing this, you notice two or three players leave and their empty seats are filled with new players. A few minutes later, another player leaves and gets replaced.

About every five minutes, another player goes and another new player arrives. Before you know it, you are sitting at almost an entirely new table, with players you do not know anything about. In online poker, especially micro & low-stakes, there is a constant flow of traffic in and out of the rooms. It is something we like about the online game, but it can also cost us a lot of money. What do you do about it?

Well, in order to have any type of information about a player whom you’ve never seen before, you have to look first and foremost at the level you are playing. Would you not agree that the average player at a $.01/.02 NL hold’em game is less experienced and therefore less skillful than a player at a $2/$4 game? If you are a brand new player, what levels are you starting at…$10/$20? Not likely.

But, if you learn to play a good game and make some money aren’t you more likely to move up than if you lose every time you play? Of course, so we can then make the generalization that most players at higher limits have more experience and are more likely to be better players than those playing low-limits. This of course does not mean that everyone at the lower levels is a bad player.

To help us develop the proper stereotype, we have to understand two things about them. First, who are we playing against? Second, why are they playing, what are they trying to achieve? Many players will fit into more than one category. For example, a college student may also be new to the game. However, there are plenty of new players who are not in college.

A quick profiling is the way to go if you want to beat the micro-limits and move up in stakes

But on the downside, I did a horrible job of actual self evaluation. I did a poor job of tool development, and I can clearly point to three episodes where I knowingly played badly in a poor mental condition, i.e. tilt. Talking about tilt, I start playing there and the full tilt bonus code 2011 has arrived.

Some of my failure here may be correlated to my positive results. “If it ain’t broke, don’t fix it.” The problem with that is that when it is broke, as it was yesterday, the first instinct is to play through it, and get back to even so you can quit. And when you quit, the last thing you want to think about is how poorly you played. You just want to turn off the poker bouncing around in your brain. It’s not an easy thing to do sometimes.

I’m not sure where to go from here. There is a lot of work yet to be done. On the other hand, I don’t want to come across as some kind of egomaniac braggart — even if that may be closer to the truth than I might like it to be. I also dread the moment when I suddenly stop posting results because that $2K backslide was followed by another $2K backslide, and I lose all the nerve to post such misery. Some people like to whine about how bad they are running. I sometimes even boast about how bad I’ve run, wearing it as a badge of honor. But when you lose big, the last thing you want to do at the end of that day is tell the world.

In the end, this months results are an aberration. They are well out of my expected earn rate. But results this good just don’t last. Some might say I was drawing on all the +EV built up in my equity bank for the last three months. I figure I just got more than a little lucky.

I also don’t see myself being this open about my results over the long haul. On the other hand, it may be exactly this sort of external pressure which not only keeps me honest, but also in line. I guess we’ll just have to see what happens next month.

When I log into Cake Poker, I sit down at a 10NL table and decide I want to try to see cheap flops (I am trying to work off 200 raked hands) and otherwise I play only premium hands and then just mash the bet button.

This seems to be what I read around forums and stuff when playing these micro limits. I sit down with my first 5$ and start to try to see as many flops as I can for $0.10, both hoping to flop monsters and also to work down those raked hands. It takes me a while and a really bad suck-out to realize this isn’t your normal poker table.

I am down stuck 4$ and laughing at both my play and the tables play. Without realizing it, I am trying to play poker when these people certainly are not. I quickly toss aside my “cheap flop” idea and go super tight and when I get a premium starting hand, I basically just mash the “bet pot” button.

Sure it’s boring as I am basically card dead for the next hour and a half. I decide to change the skin design on Cake Poker, so I have to log out back in and with that comes a change of table. I immediately start to get decent cards, not premium but at least stuff I can think about playing.

I play a few AKo and they pay off pretty nicely and I am back to just under my initial buy in. Finally I get pocket 7’s and spike the set on the flop. The good thing about these tables is it’s pretty easy to get paid off and I do for about 2$ and that puts me up for the 3 hour session. Not exactly what I had in mind, but now that I got it sort of figured out, I should do much better.

I worked off whatever Cake Poker bonus they had and got like 10$ bonus to my bankroll. I haven’t decided if I should count that to my bankroll, but I suppose I should as it was gotten from playing poker. I plan to sit down today and clock at least two three hour sessions and see what I can do.

My goal is to sit at the 10$ NL table and try to triple that up in both sessions. If I get stuck for 10$, I am done for that session and if I triple I walk as well.

I finished off my last Cake Poker bonus. The fishiness of the play is hard to believe, but it can be very tough to know where you are sometimes. I end up making calls that would be stupid on say the PS $100 tables. This morning I called down a guy who had overbet the pot, then slowed right up. I had top pair decent kicker (AJ – ace on flop – I had raised from BB after limps so was pretty sure my kicker was good on the flop). He had Q2o (which had caught bottom pair).

I buy in short ($40) and by the river he had put me all in with bottom pair (no draws). What can you do but laugh off the occasional bad beats and misreads and count the PTBB/100 ? Shocking.

I have played 520 hands in the last 24 hours. I made $270 @ 26 PTBB/100, quite impressive. I played 2 $15 SnG’s – unplaced and 3rd for -$5. So this is a total increase in bankroll of about $265 for 4 hours play. This week I played about 20 hours of online poker at Cake for +$900 or $50/hour, not too shabby for $15 SnG’s and 2 tabling $100 NL tables.

OK but I started the week badly at NL ring on Monday. I had a nightmare session and every time I hit a hand someone had a bigger one, I dropped 2 buy-ins ($200) like that. On the other hand my heads up play is going astonishingly well.

Since I restarted $15 SnG’s (9-player) last week, I have got heads up eight times and won them all. I have also started playing HU SnG’s at Cake Poker ($5 + $10). I have now played 10 and won nine. I have only come across one guy who had any clue at all and I was 2-1 against him. That makes me 17 wins out of 18 in heads up in the past week or so.

The real question is should I buy this poker book about heads up that everyone raves about or will it put me off my stride? At least it reassures me that I might be able to play this game profitably even without Poker Tracker.