PartyPoker 5/10

I have been playing limit Hold'em on PartyPoker on and off for about 2 months now. I haven't been taking good records, I don't use PokerTracker, and haven't been paying attention to the number of hands I've played. From last Thursday to Monday, I was up more than $900 playing 5/10 on PartyPoker. Since Monday, I am down $1050 playing 5/10. I have been playing about 3 hours/day. I have been playing the top ten hands plus KQ, pocket pairs, Ax suited. For the first couple days, when I was up, the system was working great. It's a very tight system, but it seemed to work very well. Then, Tuesday, it fell apart when I lost on many top ten hands over and over again.

Am I just experiencing really bad variance?

I have been reading the FTR forums for a couple days now. A lot of the concepts I understand, some I don't.

First, what is a reasonable rate of profit (#BB/100)? What rates do you guys make? What rate would a pro make? What should your rate be to move up a level?

For the first couple days of my 5/10 experience, I could estimate I was making about $70/hour, or 7BB/hour.

Should I even be playing PP 5/10?

What do you think about this situation that has left me $10 in the hole after being up so much?

The the 5/10 level, a 1bb/100 hands is a reasonable rate of profit. Anything more would be doing pretty well. I only have 2k hands at 5/10 so far and cannot give you a real winrate. A pro would beat this game for 2/100 or so, after playing it and watching how loose the 15/30 and 30/60 is, I beleive that it is tougher to extract money out at this level. 7bb/100 is not possible, even at .5/1. I would recommend dropping to 2/4 for a while, and work on the other parts of your game. %/10 is a lot more heads up play, and playing your blinds well becomes vital. 2/4 is fishy, and you can hone the rest of your game while you learn. BTW, to play 5/10 you need at least a 3k bankroll. If you dont have that, I would step down so you dont go broke. Go to 2/4, buy pokertracker, post hand histories, and then work your way back up to the 5/10 level. Oh yea, as everyone and their dog says......buy small stakes holdem by ed miller. Either way, good luck and welcome to ftr.


Oh, yea, jeff plays mostly 5/10, he'll chime in and give you a better analysis of the game.

Thank you.

More:
Is it normal to have an 80BB + swing in one two-hour session?

Yes, Jeff help me.

Originally Posted by trikflow77

7bb/100 is not possible, even at .5/1.

eh??? i used to make 10BB/hr at that level, easily. just find the loosiest goosiest tables and have at it.

ChezJ

It happens, I have had several 100bb swings. The hiigher level you play, the more variance you have. Hell, yesterday I was down 40bb after about 80 hands, it is part of the game. Are you playing more than one table?

Usually, I play one table. Every once in a while I would two-table.

eh??? i used to make 10BB/hr at that level, easily. just find the loosiest goosiest tables and have at it.

Clarification: You made 10BB/hr on PP 5/10?
What do you play nowadays?
How do I determine whether a table is loose or not, average pot size?
How loose did you play in these 5/10 tables?

Thanks!

7bb per 100 is NOT a sustainable win rate at .5/1. The best I have ever seen is about 4.5 with a 150k hand sample size. With the rake structure the way it is, you cannot make 7bb/100, 10/100 is laughable.

How can this all be possible. Up 90BB in about 12 hours, then down 125BB in the next 8 hours?

Originally Posted by mgobluefb

How can this all be possible. Up 90BB in about 12 hours, then down 125BB in the next 8 hours?

many players have swung that much in ONE hour.

Originally Posted by hypermegachi

Originally Posted by mgobluefb

How can this all be possible. Up 90BB in about 12 hours, then down 125BB in the next 8 hours?

many players have swung that much in ONE hour.

Been there, done that! Anyway, listen to Trikflow on this one, I would do nothing but quote what he said. (I apologize if I took any of your money )

How can this all be possible. Up 90BB in about 12 hours, then down 125BB in the next 8 hours?

Welcome to the world of limit holdem. If you cant handle the swings emotionally, move to a lower limit.

Originally Posted by trikflow77

How can this all be possible. Up 90BB in about 12 hours, then down 125BB in the next 8 hours?

Welcome to the world of limit holdem. If you cant handle the swings emotionally, move to a lower limit.

just to second what trikflow has already said, BB/hr or BB/100 over the long run is how you determine if youre a profitable player or not. if youre down over 1000 and youre thinking, "damn i just lost a grand", then youre thinking too much about the money and its clouding correct poker decisions. it hurts emotionally, but netting a 35BB loss over a 20 hour period is definately within reason and part of limit holdem.

Thank you for the responses. At this point, should I play 5/10 until I get another upswing, THEN move down to 2/4, or should I move down to 2/4 immediately?

Originally Posted by mgobluefb

Thank you for the responses. At this point, should I play 5/10 until I get another upswing, THEN move down to 2/4, or should I move down to 2/4 immediately?

LMAO. You seriously should move all the way down to .5/1. If you need to play a system like that, it's clear you don't understand this game at the level you need to in order to beat thinking opponents.

You are the fish in the Party 5/10 game.

no he should play 2/4

I am going to play only PartyPoker 2/4 now.

What BB/100 am I shooting for?

1BB/100 is beating the game. If you're a winning player then be happy.

Instead focus on playing each hand to the best of your ability and the money will follow.