Re: Big Loss in One Session
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You should consider that the level of play at these small stakes live games is very low. This gives a good player a huge edge, making large breakeven stretches (counted in number of hands) almost impossible. If you are a solid player a winrate of 1 or 2 bb/hour is certainly possible in a low stakes live limit game. If you have a winrate like that, a long breakeven period is almost impossible.
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You realize we're talking about a limit game, right?
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Yes [img]/images/graemlins/smile.gif[/img]
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Actually, the swings are a bit bigger in looser games like this. And yes, a long breakeven period is very possible.
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The edge of a good player is also a lot bigger, and certainly when the game isn't very aggressive the swings won't be really huge.
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7 sessions is nothing to base anything on.
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True [img]/images/graemlins/smile.gif[/img]
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When you earn 2BB/hour you have a +/- 1% risk of ruin on a 150BB bankroll
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150BB downswings aren't uncommon on LL tables. Your RoR is much higher than 1%.
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150BB downswings aren't uncommon when you have a 2bb/100 winrate in an agressive game, if you make 4bb/100 (that's easy live, right?) the probability of a 150bb downswing is decreased a lot. The same thing applies for 50bb swings.
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