Building a bankroll online from America 2021 what is wrong?

Deadrabbit

Deadrabbit

Enthusiast
Joined
Aug 10, 2019
Total posts
75
Okay so let me begin this by stating that I have about 15 to 20 years experience of poker and over a million hands. Years ago I grinded poker from online to build a bankroll to play live. Built s liquidation company and played poker part-time making about $25,000 a year...
Due to health reasons cancer I lost everything...
Coming back I kind of had a Awakening about what to do next I'm on disability but I've had a spiritual awakening and was told to open a house called the YahYaw House( you're all here you're all welcome House) transforming lost souls into pioneers of a new world... So asking my higher power I'm thinking what I'm supposed to hustle people out of money because that's all I've ever done... Ironically the answers yes... Basically I was feeling some kind of way about plenty of people around me losing everything being degenerates but they're going to be doing that anyway and what I'm building is a free house with that money reallocating the funds so I think it's a good thing...just using my utilizing my skills to acquire Capital to build a nonprofit. So that's my story. Here's the problem...
Big one disability obviously I had very little because I wasn't going to ask for anything from anyone... When I found out where to go online the best place I heard at this time since pre-black Friday is BETonlinedotau
I was told by a backer that has a stable there supposedly so that sounded fantastic supposedly the action is very soft...
I had actually been playing wsop not gambling and had built my account to 100 million so I sold off all those chips to the kids there that were buying fake chips don't ask me it's kind of weird but that's what they do and I used that money to deposit $150 on to there. Well here's the problem their lowest cash game is nl10 so only having 15 buy-ins that was really going to be tough.. I decided to have more buy-ins by buying in for the minimum of four and I'm a short stack specialist so I went to town so much so that everyone started to complain and you're not allowed to do that anymore now you have to come in for 10... But by then I had already doubled up to 300.. I continued on and did well with of course the ups and downs I also found playing fast fold I could get incredible amounts of volume. Also I got drivehud because without it you are definitely playing handicapped and I could get it for 30 days free ...
So here is the major problem 60k hands sitting at 650.00 day one lost 1000bb day 2 another 1000bb day three another thousand...
It took me 6 months to build this trying to cause get to 10K to play live again and just lost half my bank in 3 days what in the hell??
I took a couple days off tightened way up and took me a month to get it back... Then I had it happen again but I only let it happen to 1500bb took a couple days off really trying to figure this out got back on and now I'm sitting at $550.00 going to 10k
Here I just don't understand what it's going here???
Honestly I'd heard that the action had got tough but I have been keeping up with the game My skill level is pretty damn good I have a strategy that I have come up with that changes gears from LAG and TAG exploitative game. Playing my positions to the fullest...
Honestly as soft as this field is and I'm going to post one of the players that I have tracked that grinds there and he really gets probably one of the better players there looking at his stats you're going to see how bad that is... I'm also going to post a picture of my stats to show I'm not just some rambling fool and show a picture of the anomalies... And I'm going to show one picture of one hand and where this is the type of thing that has been making me crash and burn for the past few months keeping me at 1bb/100 if you look carefully my expected EV is much higher and you can also see that I was ranging from 10Bb/100- 30bb/100.
Honestly I'm starting to believe that maybe because this site is such a small field of only a thousand players is this site legit? Are there any Americans that are grinding here? Am I dealing with super users in boiler rooms? short decking stimulating action and tilt for rake ? Keeping the field of grinders at near zero???
This all started with a wave of bad beats that were just absolutely insane nut flush flopped villian flopped st8flush top boat quadded twice... This was all in the same day??
I really need some verification so I can get back to work please help me! Am I being bamboozled? Or do I just need just need to tighten up? Because honestly the crazy beats has got me playing scared and that's no good as you will know....
Is this an expected downswing that is completely normal playing this kind of volume in fast fold format? Any help would be much appreciated thank you guys!
80 hours a week this is very important to me to put this Capital together...
Don't you think it's important to help the Lost? I do too and it's the only way I know how. Thanks in advance for anyone responding...
Eli Yah
Aka :
Raibead
Sirrabbit72 ( absolute poker) pre Black Friday
White Magic ( my old school poolhall junkie nickname.
way before Phil helmouth:cool:)
 

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V

vittopio

Visionary
Joined
Nov 13, 2019
Total posts
961
Awards
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Very often it is impossible to understand the reason for your losses online! I don't play cash, but in the tournament I often notice players who don't know how to play at all and in the end they win this tournament!
 
F

fundiver199

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Jun 3, 2019
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If I understand your wall of text correctly, then the essense of it is, you are playing 10NL. You started a bit underrolled with 15 BIs but managed to build it up to around 60 BIs, then lost half of it in 3 days. Some points to consider:

1) 30 BI downswings happen in cash games, they are not something completely out of the ordinary. I experienced something very similar, when my bankroll first reached around 650$. Only difference is, I was playing on pokerstars.

2) Most likely you started with a sunshine run and as a result overestimated your skill edge and true long term winrate. The sooner you realise this instead of blaming the RNG, the easier it will be to recover from the downswing.

3) Implement a stop-loss strategy, so you always quit for the day, when you are down 3-4BIs. This protects you from playing on tilt, which more likely than not contributed significantly to burning through 30 BIs in just 3 days.

4) When you have lost half your roll, you should move down to stop the bleading and regain confidence. Since BOL dont offer 5NL, then move to a site, which does, and use conservative BM from now on.

Ok I can see now, that you kind of implemented the stop-loss method already, and you have also rebound and is back at 55 BIs for 10NL, which makes my suggestion about moving down obsolete. So what remain is mostly, that yes big swings are normal, and especially in fast fold games.
 
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Deadrabbit

Deadrabbit

Enthusiast
Joined
Aug 10, 2019
Total posts
75
Tilt did it

Ok I can see now, that you kind of implemented the stop-loss method already, and you have also rebound and is back at 55 BIs for 10NL, which makes my suggestion about moving down obsolete. So what remain is mostly, that yes big swings are normal, and especially in fast fold games.
Yeah I would say one of the major contributors would have been tilt, I would say I tilted about 12 BIs , another contributor is giving to much credit to many of the players and not enough to others... :joyman: also being new to drivehud I wasn't utilizing it to the fullest.
With all that said it was still the worst run of coolers and suck outs bad beats that don't pay that I have ever experienced in my life 🤪... Did I mention this this is the most value I've ever paid in my life in a short period of time? I don't think I was truly taking into account the volume of hands I'm seeing in fast fold... I also wasn't taking into consideration how opponents strategy to beat the game is affecting the variance in a major way too. Because what I was really thinking is the amount of volume would make them variance so much lower... That's true but you have to quadruple the numbers. That's a whole other conversation.
But yes I have recovered and also soon as I recovered I got quite upset because they then took away our ability to table select and then was the last straw so I've moved my entire bankroll to WPN. Well I should say I cashed out and put $100 in wpn
500 in bankroll account and left 10 bucks On BOL for one last session got on a hell of a heater and ended session with 600bb
Next morning got up another session for 300bb had lunch another 300bb then had a few losing sessions and then yesterday got my account up to 175.00 from one byin
Was not I complaining in this huge rant and damn near writing a book basically spelling that I had the worst luck in the world the card Gods hates me and there's an entire conspiracy of people in South America in a boiler room with super accounts all out to get me make me go broke and insane?
Did I mention I'm stupid:eek::eek::eek::confused::confused::confused:
:jd4:ust needed somebody to tell me that I wasn't being cheated so I could bear down and get back to work raising this money for a non-profit organization.
Seems the only way I can get donations is on the poker table!
Cheers,
Eli
The Raibead

Anybody that's reading this feel free friend me on Facebook I have a pretty good network of poker players on there too.
 

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