Originally Posted by rodgbaby
Luck = Variance You beat the odds and won about 3 times you should have lost. LUCKY Now the next 5 is just the natural way of things evening out.
I just want to step in for a second here and make sure others do not share in this (false) logic. This statement is leading towards a common misunderstanding called the Gambler's Fallacy. Every hand you are dealt in poker is a brand new independent event, and even if you've won the last 100 straight AA preflop allins the next time you go allin with AA preflop you are still an 80-20 favorite.
The most common example of this is that of a fair coin toss, in which the odds of it landing heads or tails is 50/50 in every single flip. Even if there is a run of 100 straight heads, the very next flip still has a 50/50 chance of landing either heads or tails.
So basically, do not alter your play based on luck or previous outcomes. If you are certain you have a +EV situation, you need to maximize your advantage every hand regardless of what kind of luck streak you are currently on.
The only other thing I would say is that if you are getting bad beat suspiciously often in live home games... is that you may want to start paying attention to whether something shady might be going on.