UK-21 said:
Not running particularly bad - it was more a comment on the variance that I have experienced. Over a little under 4,000 hands, just 17 account for c250% of my net loss to date. When half a percent of a sample can skew the overall result by 100% then I fail to see how it can be claimed there is less variance with this than with BJ. In BJ, unless you were being very silly, there's no way that half a percent of hands would account for all of your net losses.
As it happens, my net loss to date is 4.41% of total bet - which means on average I'm overcoming the 15%-ish folding losses but have not yet managed to overcome the impact of the rake taken on my winning hands. Within this there is a recent neg streak where I have lost 45% of my amassed bankroll (c900 big blinds) in just 420 hands. All pennies of course, which is why I don't burst into tears.
With regard to your comment on breakeven, anyone who breakseven after 20,000 hands and maintains the value of their bankroll must be playing at a 17.5%-ish advantage (based on my stats). I suspect very few players acheive this. How much have you bet in these 20,000 hands, and what are the win/loss comparisons?
Are you playing 6 max or fullring? If you play 6 max or HU it`s much swingier.
Are you playing 0.2/0.4 or 0.5/0.10?
Your hand sample is not sufficient IMO to claculate you winrate.
50000-100000 hands is.
Remember the rake is going to murder you at these levels if you are not winning at at least 6BB/100.(that`s big bets not big blinds)
Swings of 10-15 buy ins are normal.
Are you analysing your hands post play to see where you could have spewed less?
There is a hell of a lot of variance in poker as I posted in my poker variance advice post some time ago. The only way to ride this short term variance out is by playing, and making sure you are playing with an advantage. Correct bankroll management and tilt control.
I think you are focusing too much on short term results and luck. If you are playing WITHOUT a rakeback deal or a good bonus that is easy to clear it is -EV.
To answer you last question is more difficult without my HEM which is out of operation at the moment but I will do the best I can.
My stats are approx 21/19 which means I play 21% hands and raise 19%. This is for Shorthanded tables. So I play approx 1 out of 5 hands and raise most of the hands I play. My VPIP is much tighter for FR tables- about 13/11 or something like that.
Win rate over a sample of 50000 hands at 0.05/0.10 when I played that was about 4BB/100. Easy to maintain if you are not spewing. When I moved up my winrate went down initially as I got used to the style of play, more 3 betting, 3 betting light, 4 bet bluffs etc. Plus I started to include sit n go`s- high variance! and HU in my play.
Poker is a long term gamble. IMO you have some choices.
1. Keep playing a decent sample of hands and calculate your winrate in BB over a sample of about 50000.
2. Plug your leaks
3. Stop after losing x amount of buy ins to control tilt.
4. Play less speculative hands and change to full ring and play a solid TAG game.
5. Don`t bluff at these levels.
6. Don`t CBET all flops
7. 3 bet and 3 bet light more IN POSITION.
8. Start to envision what your opponents range might be. With TAGS and LAGS this is easier- with fish less so.
9. Don`t overvalue pocket pairs.
10. Use your HUD and understand what it means.
11. Play less tables with no HUD and concentrate on reads.
12. Don`t limp into pots as a general rule- pocket pairs and some suited connectors are acceptable and from position, number of players, pot odds and implied odds etc.
13. Play in position.
14. Don`t defend your BB too much- you are out of position. I`ve seen players go manic to defend blinds and for what- 1bb?
15. Stop raising BB from SB. Sometimes BB does wake up with a monster.
16. If a table is tight play looser, If a table is looser play tighter.
17. Table selection- Anything over 30% vpip is gravy.
18. Don`t have Short stacks on your left.
19. Never bluff a calling station or fish. With these I just check a flop/fold.
20. Don`t overvalue top pair kicker. You can really spew with these.
I think really if you give yourself a chance- you will see results. Short term results can be frustrating and ask yourself honestly- Are you really playing with an advantage or just autopiloting hands?
You might have more leaks than you realise- everyone does.