peterbirks (![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
peterbirks) wrote2005-07-12 01:18 pm
peterbirks) wrote2005-07-12 01:18 pm
Entry tags:
I dunno, I had $900 a moment ago
The strange thing about multi-tabling is that, even if you are paying attention to the players and their styles, you can suddenly find yourself $400 down at $5-$10 and say to yourself "hell, where did THAT all go?"
In a way that was what happened to me yesterday (except that by the end of 300 hands I was "only" $270 down). In one (very small) way, this is good. It means that I am concentrating on playing each hand properly, rather than on how much I am up or down. A few times last month I found myself several hundred dollars up and wondered to myself where it had come from.
But this time I was down, so I thought about where it had gone. My stats were interesting. I had 12 pairs in 300 hands (five short of the expected), but with a reasonable distribution of high and low, and the pairs were in profit on both tables (as they should be!). So, no clue there. Then I remembered three hands, one where with 98s I had seen a board of 6-9-9-4-2 and promptly lost to a pair of sixes. Another where my raise with KQ off in MP2 found a flop of QQ3, a turn of a 5 and a river of a 10 and I promptly lost to a player who cold-called a raise with QTs behind me. And a third where I played KJs aggressively, hit a King on the turn after a rag flop and promptly lost to another aggressive player with KTs who hit a ten on the river.
All three were $100+ swings and were "the way it goes". So, in a way, I had at least some explanation.
I also looked at my VPIP% and raising percentage and saw that at one table I had an almost laughable 28% VPIP$ and a raise percentage of 16%, over 150 hands. Now, unless I had suddenly become a semi-maniac without noticing, this meant that I had been getting a lot of those hands that I raise with, but which this time were going nowhere. Quite simply, I kept missing flops and my continuations got bitten off (more than 90% of the time by better hands rather than rebluffs, I hasten to add!) more than they usually do.
And this can happen. It can happen for a long long time.
So, not unhappy, despite my loss for the month now approaching $400.
-----
Another humorous development over the past, well, five months, has been the precipitous decline of sterling against the dollar. As you may know, I have a semi-permanent "dollar hedge" in position to cover my dollar holdings. This is currently running at a hundred quid a cent (put into place at $1.86 and $1.84).
So, although I am sitting here watching the value of my dollar holdings (in sterling terms) rise nicely (last month's profit, for example, was £223 higher than it would have been last December), that doesn't make it any more comfortable when, over four days, I have to lob a grand into my Financial Spreads account to avoid suffering a margin call.
My current contracts expire in September and I was seriously considering "taking that grand back" from the US, but sterling appears to have bottomed out for the moment, recovering a few cents. Stan James seems to be a bit behind the times when it comes to adjusting their currency rates, so perhaps I should shift most of my dollar holdings there back into sterling.
In a way that was what happened to me yesterday (except that by the end of 300 hands I was "only" $270 down). In one (very small) way, this is good. It means that I am concentrating on playing each hand properly, rather than on how much I am up or down. A few times last month I found myself several hundred dollars up and wondered to myself where it had come from.
But this time I was down, so I thought about where it had gone. My stats were interesting. I had 12 pairs in 300 hands (five short of the expected), but with a reasonable distribution of high and low, and the pairs were in profit on both tables (as they should be!). So, no clue there. Then I remembered three hands, one where with 98s I had seen a board of 6-9-9-4-2 and promptly lost to a pair of sixes. Another where my raise with KQ off in MP2 found a flop of QQ3, a turn of a 5 and a river of a 10 and I promptly lost to a player who cold-called a raise with QTs behind me. And a third where I played KJs aggressively, hit a King on the turn after a rag flop and promptly lost to another aggressive player with KTs who hit a ten on the river.
All three were $100+ swings and were "the way it goes". So, in a way, I had at least some explanation.
I also looked at my VPIP% and raising percentage and saw that at one table I had an almost laughable 28% VPIP$ and a raise percentage of 16%, over 150 hands. Now, unless I had suddenly become a semi-maniac without noticing, this meant that I had been getting a lot of those hands that I raise with, but which this time were going nowhere. Quite simply, I kept missing flops and my continuations got bitten off (more than 90% of the time by better hands rather than rebluffs, I hasten to add!) more than they usually do.
And this can happen. It can happen for a long long time.
So, not unhappy, despite my loss for the month now approaching $400.
-----
Another humorous development over the past, well, five months, has been the precipitous decline of sterling against the dollar. As you may know, I have a semi-permanent "dollar hedge" in position to cover my dollar holdings. This is currently running at a hundred quid a cent (put into place at $1.86 and $1.84).
So, although I am sitting here watching the value of my dollar holdings (in sterling terms) rise nicely (last month's profit, for example, was £223 higher than it would have been last December), that doesn't make it any more comfortable when, over four days, I have to lob a grand into my Financial Spreads account to avoid suffering a margin call.
My current contracts expire in September and I was seriously considering "taking that grand back" from the US, but sterling appears to have bottomed out for the moment, recovering a few cents. Stan James seems to be a bit behind the times when it comes to adjusting their currency rates, so perhaps I should shift most of my dollar holdings there back into sterling.
Re: See you on the strip
A small tip, if you are going to be there at that time and plan to spend any time in the actual casinos, take a jumper. They ratchet up the air-conditioning to warp factor 20.
Flight to Vegas in December. I'll persuade Woodhouse yet....
Re: See you on the strip
Re: See you on the strip