I’ve been on a pretty crazy run since the beginning of December. Despite putting in only about 20 hours on the tables in the past month and a half, and playing tables/MTTs with buy-ins in the realm of 1-2% of my bankroll, I’ve managed to grow my 'roll by over 50% going back to December 1st.
About half of that has come from tourneys, and the other half from ring games. It’s tough for me to dredge up stats from the MTTs, but my ring game results (not including the session I’m currently engaged in) are fairly instructive:
Hands played: 551
Time elapsed: 525 minutes
Profit/Loss: 1,670 BB
Profit / 100 Hands: 303 BB
Profit / Hour: 191 BB
Three of my ten sessions resulted in losses, but the profits from my good sessions far outstripped the losses from my negative sessions. Picking up an average of 3BB per hand is INSANE. In order to achieve those results, I tailored my actions to the 500-1K tables I was playing. Some highlights are as follows:
- Fold most of the time preflop, and almost never limp. It’s tough to win an average of 3BB per hand when you’re committing 1BB to 7-way pots you only stand a 14% chance to win. I saw a flop on average 2.6 times per orbit - and quite a few of those times were “free” flops when I was in the big blind and it was limped to me.
- When you do get a hand you want to play, bet BIG. For whatever reason, players at these stakes are really tough to bump off preflop. Even 8x opens will often still result in a few callers who are playing garbage like Q7 offsuit. Charge those players a lot to see the flop. They’ll pay it, and you’ll have equity against them.
- Because you’re betting big preflop, and your opponents aren’t, the hands you want to play will often feature much larger pots than the ones you don’t. As a result, you’ll reap large pots, and lose small ones when you have crap hands in the blinds.
- Run very few bluffs. Your opponents rarely react to board texture - there might be four cards to a straight or flush on the board and five players in the hand, and they’ll still call with top pair and a weak kicker.
- Postflop, raises and re-raises mean the same thing to most of your opponents. If you see a 3-bet on the river, in a real-world game someone probably has the nuts. At these stakes on replay, it probably means someone has an overpair they think is still good.
- Bet sizing also means very little to your opponents. Players have tried to bluff me with a minbet in a 50BB+ pot. That doesn’t look like you’re trying to pick up value, it just looks cheap.
I’m sure there are more takeaways from this run, but this should suffice for now. As I think of more, I’ll post them.