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May 02, 2004

The long, steep decline of my bankroll

My bankroll reached a high somewhere around tax day. Two and a half weeks later, it was gone. Vanished. I don't even know who to call.

There's some consolation in the fact that this wasn't even my money. I'd withdrawn my original deposit long ago. It was about half winnings, half bonuses.

But now that I've hit bottom, I should figure out what happened before I even think about spending another dollar of student loans on poker.

Losses:

$163.88 on 1/2, $50 on 1/2 (6 max), $101.17 on .50/1, $38 on $10 SNGs. 4128 hands of limit at a rate of -5.04BB/100 hands.

Yikes. I mean, that's just terrible. Prior to the 15th I was making +3.07BB/100 hands.

So am I playing too many cards? I don't think so.

 Up to April 15
7017 hands
April 15 and after
4128 hands
VP$IP18.11%19.5%
Chasing too much? Not sure.
 Up to April 15
7017 hands
April 15 and after
4128 hands
Went to SD29.22%25.78%
Not playing winners? I don't know.
 Up to April 15
7017 hands
April 15 and after
4128 hands
Won$@SD60.95%51.9%
Okay, well... how about the cards I'm playing?
 Up to April 15
7017 hands
April 15 and after
4128 hands
Starting Hand# TimesWin %Avg Win @ SD# TimesWin %Avg Win @ SD
AA3278%+8.47BB2356.5%+6.42BB
AKs3554%+6.49BB1643%+6.13BB
KK2254.5%+6.25BB1457%+9.00BB
QQ3762%+5.48BB2850%+7.52BB
JJ3540%+5.73BB1560%+5.21BB
All Group 1 Hands16158% 9653% 
About 2% of my cards are Group 1 cards both before and after tax day. But as you can see, my rockets have been having severe problems holding up. They're also not winning as much at the showdown when they do win.

Here's another interesting sight:

Pre-tax day results:

Post-tax day results:

Lots of red on that post-tax day graphic.

Final conclusions

I really don't know. I'm either a lousy player that had a good start, or I'm a good player that had a lousy end. I think I'll hold off on playing any more poker until I read and digest some theory books and get a reload bonus offer.

Posted by glyphic at May 2, 2004 03:27 PM

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