The Bat Cave

Welp, if I don’t post this in the next hour or so then it’s probably never going to happen since my WSOP technically kicks off in 2.5 hours. I just figured I’d post something about how my 2023 has gone leading up to the World Series.

I think the most notable change for me so far this year is that I have transitioned back to Limit Hold’em. In 2022, 74% of my live cash hours were in NL and only 15% in LHE. In 2023, I’m at 42% NL and 49.5% LHE – but that split is even more drastic over the last few months with 67% of my live hours being in LHE since April 1st.

It makes sense though. NL has been going poorly and LHE has been going, uh, spectacularly. The results have certainly been part of it, but also the 3/5 games at Palace have largely dried up during the week. Sure, it still gets off the ground pretty much every day, but it gets really weak in the evening and frequently breaks long before I’m ready to quit playing for the day. This has led to me thinking I’m better off just going to Fortune and playing 20/40 there. Interestingly, when I was driving down to Vegas last Friday, Palace somehow had three 3/5 games going. That blows my mind. 3/5 is actually pretty steady on Fridays and Saturdays – and I was playing there on Fridays every week at first, but my doom switch is fully activated – I won on my first 3/5 Friday session of the year and I haven’t won again since. I’ve only played three Friday sessions at Palace since the end of January though but they have all gone miserably: -$1499, -$1356, -$1542. All told, I’m down over $5500 on Fridays at Palace this year – on what is supposed to be my best day of the week there. Granted, this is a 44.5 hour sample size we are talking about here – barely a week’s worth of full-time play – so this is all just noise, but I’d be lying if I said there wasn’t some accumulated tilt going on and I have found myself preferring to play 20/40 at Fortune on Fridays the last few months. So yes, the sample size is tiny, but when I get back from Vegas in late July, I’ll be able to say I haven’t won at Palace on a Friday in almost seven months and that sounds pretty fun and dramatic, right?

Also, this one pot I’m about to share is the difference between me being breakeven at Palace in 2023 and me being a solid winner:

I feel like things at Palace have gone poorly overall, but when I filter Fridays out of the equation, my results actually look pretty reasonable: $72/hour @ 3/5 and $20/hour @ 1/3. The problem is the 3/5 tends to be fragile on other days of the week and I really don’t want to play a ton of 1/3 but smaller games have accounted for almost half my hours when I do show up to Palace Monday through Thursday. It’s just become increasingly hard for me to walk into Palace these days. I think 1/3 would be far more tolerable if they increased the maximum buy-in to at least $500, but still, I’d much rather play 20/40.

Yes, my love of Limit Hold’em has returned. I mean, it never really left. I’ve always enjoyed playing 20/40 over playing 1/3 or 3/5 whenever I go to Fortune. I just enjoy the pace of the game so much more. Yes, NL is far more complex and mistakes from opponents are far more costly, but I just love the bang bang bang pace of playing limit games.

I knew I was having a really good year at Fortune, but I didn’t know exactly how good until I strung together four +$2k sessions in a row and lost that streak by booking a +$549 and wondered how long it had been since I actually had a losing 20/40 session. I was astonished to discover I was at 15 winning sessions in a row! I’ve played a ton of Limit Hold’em in my life and I’ve never come close to that kind of winning streak before. I was shocked. I’d guess that the absolute best streak I’ve ever gone on is probably like 9 or 10 wins in a row but certainly nothing like this. Variance is just so high in Limit Hold’em. Looking at my lifetime results and filtering out sessions of less than 5 hours, I lose about 4 out of every 10 sessions I play. That’s losing nearly half the time I show up to play so stringing together 15 consecutive wins is unheard of. I haven’t lost at Fortune in over four months! It’s crazy!

There was some luck involved here. I didn’t know this was happening so there were a couple times during the streak when the game broke after 2 or 3 hours and I happened to be winning at the time. At least one other time, I was summoned home early and happened to be winning. Since I’ve become aware of this streak, I’ve had three more wins, putting my streak at 18 wins in a row heading to WSOP. Now that I am aware of the streak, I do feel like I’d consider it still in tact if the game broke after two hours and I was losing. That would be a shitty way to “lose” it. Likewise, I don’t feel like I can quit after three hours when I’m winning just to keep the streak alive. I’d say six hours is probably the minimum number of hours I’d like to play for qualification. Also, this streak is specific to Fortune 20/40. I lost at Last Frontier in La Center earlier this month and I’ll certainly be playing some 20/40 in Vegas during the WSOP.

Overall, I’m somehow running at 3.64 big bets per hour in 20/40 at Fortune in 2023 and 4.32 big bets per hour during the streak. So yeah, kind of hard to talk myself into playing at Palace when I’ve been making almost $150 an hour at Fortune this year. It’s been awesome, but this isn’t real life. My LHE win rates always level out between 1.25 and 1.5 big bets per hour annually, so I’ll eventually come back down to earth, but I’ve also never had a streak like this before so my 2023 20/40 win rate will almost certainly be bigger than it ever has been before.

Pretty insane stuff. Note: I know it says 19 of 19 there, but one of those sessions was split up because the feeder game broke and I jumped in something else while I waited for the main game. Streak is at 18.

Pre-WSOP, tournaments have gone well for me so far. I’ve only played eight tourneys across parts of four different series that I mostly didn’t partake in. I have 3 cashes with my best one coming in the Main Event of the Little Creek series in March, finishing 2nd of 77 for a nearly $13k score, which actually cracks my top 5 of all time. I thought I was pretty much a lock to win it when I got heads up with an older woman that looked like a doppelgänger of my own mom, but she pretty much owned me heads up… by having the best hand every time. She played better than I thought she was going to, but I don’t think I lose very often if the cards are even remotely cooperative.

Anyways, that finish has me sitting on a sexy ROI of 191% for the year as I head into a WSOP that is going to drastically change that number one way or the other.

One last thing, someone posted a brutal / hilarious comment on my last music post. Here it is:

Love your blog man. But the music/movie lists are kinda brutal. Maybe you should make a second blog? A list of your top 20 most watched actors for the year?? Lol come on man. Give us that poker/life content. No one cares what you’re listening to, sorry.

Poogs

I mean… ouch. But also, message received. I don’t think it’s necessarily true that NO ONE cares about that stuff, but it is true that very few people seem to. I still think it’s fun to track for my own personal amusement though, so if you’re ever curious about my music stats and what I’m listening to, I’ve created a page I will update every month or two with that information, but the only posts I make on music from now on will either be album reviews (which I seem to be done with) or a year end write up. Check out my music stats here: Music Stats.