March 24, 2013

Limit Holdem

I think I’ve made the full transition to $3/$6 limit tables. Also, I think I’m finished with short handed tables, even at the best sites for holdem. Both seem like positives to me. Lately, I’ve been playing a mixed bag of things. I tried a little no limit games. I did all right, winning about $40 in two sessions at two different limits, but I didn’t enjoy it at all, so that’s probably over for now.

I played a decent amount of $5/$10 short handed. I did fairly well, winning about $250 in the two weeks since my last entry. That included 7 sessions, all winning ones. It was fun and I like the limit, but right now, it’s a bit to high for proper bankroll management, so I’ll stay away from it for the most part. I’ve been doing well at all short handed tables lately, so it seems like a strange time to move away from them, but I’ve refound my interest in full tables, so I just rather play there. The only thing I can foresee is playing a little short handed when I don’t have a whole lot of time. This might happen, it might not. I’m not sure if I’ll try to stop it or not. We’ll see.

I have been on a nice upward swing lately, even though I did just suffer a $100 little losing streak two days ago. What did it was multitabling. I hadn’t multitabled in quite some time, so I thought I’d give it another try on Thursday since I had a few hours to spare. I went to $1/$2 to get a lower limit since I was going to play 5 tables. That’s the first mistake. $1/$2 is different from $3/$6. The players a looser there and it is noticeable. Well, things didn’t go to well, and to make a long story short, I ended up losing a total of $70. After that, I was down about $27 for the day since I had previously won $44 at two sessions of $2/$4 short handed.

I stopped for the day there and picked up yesterday with $3/$6. I started out with just one table. I did alright, winning $26.50 before the table broke apart and I had to leave. Fairly soon after that, I took up 3-tabling $3/$6. I felt that multitabling could work, but it did not the day before because first, I had too many tables and second, I was not at too low of a limit.

Also, the double FPPs and VIPs that PokerStars was offering probably persuaded me a bit into this 3-tabling. Well, not a whole lot went right to begin with. I dropped at all three tables early on. At one point, I was down over $150 between the three. Then I was able to work my way back somewhat at each table, getting down only $70 then eventually only down $40 between the three.

I stopped at one table when I was up $22, then eventually stopped at another table when I got all the way down to -$81. The third table, I was about $20 up, and I wanted to get about another $20, but dropped all the way down to -$30. I fought back from there and finally stopped at only -$1 (basically even). It wasn’t pleasant, but for 3-tabling, I only lost $60, and for the day, I was only down $33.50 which isn’t too bad.

So after winning $44, I lost a total of $104. Not too bad, only down $60 from my previous bankroll high of $2344. Also, during the 3-tabling at $3/$6, I earned about 500 FPPs and am only about 500 VIPs away from reaching Silver Star for the month (which I haven’t done yet). The double FPPs and VIPs last until May 21st, so I’ll try to capitalize on that as much as possible.

Currently, I’m single-tabling $3/$6, which is what I think I’ll stick with for a while now, and I’m doing fairly well. I’m up about $65. I’ve set a loss stop at $35 from here so that I’m basically guaranteeing myself to leave with at least $30 profit. To update, I ended up leaving with $43 profit. I just lost a hand with AK and that seemed like a good enough sign for me to stop right there and take what I had won. So overall, still a decent session. Nothing spectacular, but good enough for me.