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	<title>Meteoric Poker &#187; Pot Limit Omaha</title>
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	<link>http://www.meteoricpoker.com/blog</link>
	<description>The story of a microlimits poker player</description>
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		<title>Money Not Chips</title>
		<link>http://www.meteoricpoker.com/blog/2010/04/14/money-not-chips/</link>
		<comments>http://www.meteoricpoker.com/blog/2010/04/14/money-not-chips/#comments</comments>
		<pubDate>Wed, 14 Apr 2010 17:12:24 +0000</pubDate>
		<dc:creator>Meteoric</dc:creator>
				<category><![CDATA[Bankroll Management]]></category>
		<category><![CDATA[Full Tilt]]></category>
		<category><![CDATA[Hold'em Manager]]></category>
		<category><![CDATA[HUSNG]]></category>
		<category><![CDATA[Pot Limit Omaha]]></category>

		<guid isPermaLink="false">http://www.meteoricpoker.com/blog/?p=2295</guid>
		<description><![CDATA[I&#8217;ve withdrawn some money! Just a little ($120) &#8211; that&#8217;s the first time since I had to take everything out to pay credit card bills and restarted from scratch. It&#8217;s not something I really want to do since every step backwards on the BR is time lost in getting to higher stakes, but there was [...]]]></description>
			<content:encoded><![CDATA[<p>I&#8217;ve withdrawn some money!</p>
<p>Just a little ($120) &#8211; that&#8217;s the first time since I had to take everything out to pay credit card bills and restarted from scratch. It&#8217;s not something I really want to do since every step backwards on the BR is time lost in getting to higher stakes, but there was a couple of things I wanted to get. Since they were poker related I thought it&#8217;d be reasonable to use some of my BR for them.</p>
<p>First thing was a HH review by a <span class='wp_keywordlink_affiliate'><a href="http://www.husng.com/affiliate/5150/content/heads-sit-n-go-coaching" title="heads up sng coaching">coach</a></span>. ChicagoRy posts on 2p2 a lot and seems a smart guy. He plays $100s, has a good record and can certainly teach me something. The HH review was $40, and he was clear and it all made sense what he was saying &#8211; however to get the most out of it I&#8217;m going to have to send him at least one more and then maybe a sweat session. One HH review isn&#8217;t going to revolutionise my game (I guess it&#8217;s like tennis lessons &#8211; get an individual lesson and it costs about £20. It&#8217;ll improve your serve a little, but won&#8217;t turn you into Federer instantly). Several HH and a session will add up to a fair bit of $$$ unfortunately, but the time seems about right. If the rest of the week goes well I&#8217;ll send him a second HH and take it a step at a time. If the rest of this week bombs, then it&#8217;ll have to wait.</p>
<p>Second thing was Omaha holdem manager. A bit of a frivolous buy, but during the times when I don&#8217;t want to gamble too heavily (ie reg peak times of the US afternoon) I&#8217;ve been knocking about with $1 PLO <span class='wp_keywordlink_affiliate'><a href="http://www.husng.com/affiliate/5150" title="Heads Up Training">husngs</a></span>. Cheapest way of playing PLO heads up! Postflop I&#8217;m getting more confident, but I&#8217;m still clueless about preflop (is it ever worth 3betting?). My opponents seem more clueless though, so it&#8217;s hard to know if I&#8217;m thinking clearly or if they&#8217;re just spazzing out;</p>
<div class='handhistory'>Pot Limit Omaha Tournament<br />
2 Players</p>
<p>$1 + $0.10 Heads Up Sit &#038; Go</p>
<p><span style='font-weight:bold'>Stacks:</span><br />
Hero  (<span style='color:#0000cc'>1,620</span>)<br />
BB  (<span style='color:#0000cc'>1,380</span>) </p>
<p><span style='font-weight:bold'>Blinds:</span> 10/20</p>
<p><span style='font-weight:bold'>Pre-Flop:</span> (<span style='color:#0000cc'><span style='font-weight:bold'>30</span></span>, 2 players) </p>
<p><span style='font-weight:bold'>Hero is SB</span> K<img src='/heart.png' width='15' height='14' alt='hearts poker card'> 8<img src='/spade.png' width='15' height='14' alt='spades poker card'> 3<img src='/club.png' width='15' height='14' alt='clubs poker card'> 9<img src='/diamond.png' width='15' height='14' alt='diamonds poker card'><br />
<span style='color:#cc0000'><span style='font-weight:bold'>Hero raises to 40</span></span>, BB calls 20</p>
<p><span style='font-weight:bold'>Flop:</span> 6<img src='/diamond.png' width='15' height='14' alt='diamonds poker card'> 5<img src='/heart.png' width='15' height='14' alt='hearts poker card'> 7<img src='/club.png' width='15' height='14' alt='clubs poker card'> (<span style='color:#0000cc'><span style='font-weight:bold'>80</span></span>, 2 players)<br />
BB checks, <span style='color:#cc0000'><span style='font-weight:bold'>Hero bets 80</span></span>, BB calls 80</p>
<p><span style='font-weight:bold'>Turn:</span> J<img src='/club.png' width='15' height='14' alt='clubs poker card'> (<span style='color:#0000cc'><span style='font-weight:bold'>240</span></span>, 2 players)<br />
BB checks, <span style='color:#cc0000'><span style='font-weight:bold'>Hero bets 240</span></span>, <span style='color:#cc0000'><span style='font-weight:bold'>BB raises to 480</span></span>, <span style='color:#cc0000'><span style='font-weight:bold'>Hero goes all-in 1,500</span></span>, <span style='color:#cc0000'><span style='font-weight:bold'>BB goes all-in 780</span></span></p>
<p><span style='font-weight:bold'>River:</span> 5<img src='/diamond.png' width='15' height='14' alt='diamonds poker card'> (<span style='color:#0000cc'><span style='font-weight:bold'>3,000</span></span>, 2 players, 2 all-in)</p>
<p><span style='font-weight:bold'>Final Pot:</span> <span style='color:#0000cc'><span style='font-weight:bold'>3,000</span></span><br />
Hero shows a straight, Nine high<br />
K<img src='/heart.png' width='15' height='14' alt='hearts poker card'> 8<img src='/spade.png' width='15' height='14' alt='spades poker card'> 3<img src='/club.png' width='15' height='14' alt='clubs poker card'> 9<img src='/diamond.png' width='15' height='14' alt='diamonds poker card'><br />
BB shows a straight, Eight high<br />
A<img src='/diamond.png' width='15' height='14' alt='diamonds poker card'> 8<img src='/diamond.png' width='15' height='14' alt='diamonds poker card'> 3<img src='/diamond.png' width='15' height='14' alt='diamonds poker card'> 4<img src='/diamond.png' width='15' height='14' alt='diamonds poker card'></p>
<p>Hero wins 3,000 (net +1,380)</p>
<p>BB lost 1,380
</p></div>
<p>lol, to be fair when I chose that HH (mainly just to test if the convertor worked) I didn&#8217;t realise he had a straight. Maybe not such a spaz after all&#8230;</p>
]]></content:encoded>
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		</item>
		<item>
		<title>Update</title>
		<link>http://www.meteoricpoker.com/blog/2010/04/10/update/</link>
		<comments>http://www.meteoricpoker.com/blog/2010/04/10/update/#comments</comments>
		<pubDate>Sat, 10 Apr 2010 12:15:05 +0000</pubDate>
		<dc:creator>Meteoric</dc:creator>
				<category><![CDATA[Bankroll Management]]></category>
		<category><![CDATA[Full Tilt]]></category>
		<category><![CDATA[Good Days]]></category>
		<category><![CDATA[HUSNG]]></category>
		<category><![CDATA[Pot Limit Omaha]]></category>

		<guid isPermaLink="false">http://www.meteoricpoker.com/blog/?p=2285</guid>
		<description><![CDATA[I&#8217;m now happily entrenched playing $30s, and so far this is proving to be a big month; So much so that my BR is about to tip over $1k which is a massive milestone for me. When that happens I should probably move to $50s with some confidence even though it only just meets the [...]]]></description>
			<content:encoded><![CDATA[<p>I&#8217;m now happily entrenched playing $30s, and so far this is proving to be a big month;</p>
<p><a href="http://www.meteoricpoker.com/blog/wp-content/uploads/2010/04/10Apr10.png"><img src="http://www.meteoricpoker.com/blog/wp-content/uploads/2010/04/10Apr10-300x191.png" alt="" title="10Apr10" width="300" height="191" class="aligncenter size-medium wp-image-2286" /></a></p>
<p>So much so that my BR is about to tip over $1k which is a massive milestone for me. When that happens I should probably move to $50s with some confidence even though it only just meets the 20 buy-in level. The main reason I should feel confident is that I discovered the &#8216;Graph Buy-ins&#8217; option in HEM and it shows a really consistent win rate for my <span class='wp_keywordlink_affiliate'><a href="http://www.husng.com/affiliate/5150" title="Heads Up Training">husngs</a></span>;</p>
<p><a href="http://www.meteoricpoker.com/blog/wp-content/uploads/2010/04/10Apr10_buyins.png"><img src="http://www.meteoricpoker.com/blog/wp-content/uploads/2010/04/10Apr10_buyins-300x191.png" alt="" title="10Apr10_buyins" width="300" height="191" class="aligncenter size-medium wp-image-2287" /></a></p>
<p>That seems to hide the fact that my $20 games were exactly breakeven so maybe it doesn&#8217;t mean that much. However I&#8217;ve not noticed the $30 games to be particularly scary.</p>
<p>I also played my first pot limit Omaha <span class='wp_keywordlink_affiliate'><a href="http://www.husng.com/affiliate/5150" title="Heads Up Training">husng</a></span> today (for a massive $1!). I won, but to be honest I didn&#8217;t have a clue to what I was doing. I just have no feel whatsoever as to what a strong hand is. I thought it might be a good route into playing PLO HU cash, but the traffic is very low so maybe it&#8217;s not worthwhile.</p>
]]></content:encoded>
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		</item>
		<item>
		<title>Pulling Back, Again</title>
		<link>http://www.meteoricpoker.com/blog/2009/12/27/pulling-back-again/</link>
		<comments>http://www.meteoricpoker.com/blog/2009/12/27/pulling-back-again/#comments</comments>
		<pubDate>Sun, 27 Dec 2009 18:13:47 +0000</pubDate>
		<dc:creator>Meteoric</dc:creator>
				<category><![CDATA[Good Days]]></category>
		<category><![CDATA[Leaks]]></category>
		<category><![CDATA[Limit Hold'em]]></category>
		<category><![CDATA[Multitabling]]></category>
		<category><![CDATA[NL10]]></category>
		<category><![CDATA[No Limit Hold'em]]></category>
		<category><![CDATA[Poker]]></category>
		<category><![CDATA[Pot Limit Omaha]]></category>
		<category><![CDATA[TwoPlusTwo]]></category>
		<category><![CDATA[Ultimate Bet]]></category>

		<guid isPermaLink="false">http://www.meteoricpoker.com/blog/?p=1705</guid>
		<description><![CDATA[This seems to happen on a regular basis &#8211; I play well, then things seem to deteriorate, and finally I&#8217;m forced to take a good long look at how I&#8217;m playing. The problem is that I know the basics, and when thinking straight can apply them well (including postflop). Once I start winning I start [...]]]></description>
			<content:encoded><![CDATA[<p>This seems to happen on a regular basis &#8211; I play well, then things seem to deteriorate, and finally I&#8217;m forced to take a good long look at how I&#8217;m playing.</p>
<p>The problem is that I know the basics, and when thinking straight can apply them well (including postflop). Once I start winning I start feeling bulletproof and play back at hands which I should just be folding. A few fancy plays go my way and I&#8217;m trying to win every pot going. Of course it doesn&#8217;t end well&#8230;</p>
<p>This month started with a few huge hands that went my way and gave me a 7 buy-in headstart. It took losing every penny of that plus a bit more before I realised I had to take a step back and see that I was being an idiot.</p>
<p>So today I folded when I was obviously beat, and didn&#8217;t float all those missed flops. It was a bit swingy, but came out up in the end;</p>
<p><a href="http://www.meteoricpoker.com/blog/wp-content/uploads/2009/12/27Dec09.png"><img class="aligncenter size-medium wp-image-1706" title="27Dec09" src="http://www.meteoricpoker.com/blog/wp-content/uploads/2009/12/27Dec09-300x200.png" alt="" width="300" height="200" /></a></p>
<p>Even nicer, this was on <span class='wp_keywordlink'><a href="http://rakeback.meteoricpoker.com/rakeback/71048/Ultimate-Bet.html" title="Ultimate Bet" target="_blank">Ultimate Bet</a></span> where my account had been seriously depleted. This put it back to a reasonable amount where I could multitable without worrying about the dreaded &#8216;you have insufficient funds&#8217; popup when trying to reload. If my next post has a similar graph then it looks like I&#8217;m back on track.</p>
<p>As an aside, <span class='wp_keywordlink'><a href="http://headsupblog.com" title="Yegor">Yegor</a></span> suggested playing limit hold&#8217;em. Such a weird game! While the blinds were $0.05/$0.10 the swings were tiny and similar to NL2 &#8211; no wonder bankroll management is much lower for limit compared to no limit. It was also a struggle against draws &#8211; getting AA preflop was always a minefield as you try to build a pot while watching each street conspire to give your opponent that straight with his 67o.</p>
<p>Compared to NLHE, limit hold&#8217;em is allegedly much lower in variance while the contribution from the player&#8217;s skill is less (pot odds become a bigger factor than bluffs). Possibly that might be a plus point at microstakes though. Also it may have less of the internet generation of players (ie more players coming from live games and less from 2p2), which might be useful too. I&#8217;m not sure how much effort I want to put into it though, but possibly more than PLO &#8211; I&#8217;m coming to hate variance&#8230;</p>
]]></content:encoded>
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