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Is Variance Making You Sick?

By grapsfan | Published Jul 01 2008, 02:13 AM

Am I running bad?  Playing bad?  Am I the unluckiest person in the history of statistics?


One of poker’s great mysteries is how success can spiral so quickly into failure.  We can get our money in good or make the right play, and have everything backfire with the next card.  Critical decisions can be second- and third-guessed, over and over.  There is an infinite range of strategies, loose or tight, aggressive or subtle.  Very few aspects of the game are black or white; we swim in a sea of grayscale.


So how do we address the questions above, pounding through our psyche during a losing streak?  How do we know what needs to be changed in our play, if there is anything to change at all?  If we overreact by doing the wrong things, or are feeling persecuted and downtrodden, poker becomes that much harder to beat.  The game is difficult enough as it is.


I’m a firm believer in reviewing hand histories, looking for situations where I could have gotten away from hands, bet more, called less, etc.  But I also look for classic symptoms of negative variance, to assure myself I am making the right plays, and I’m not staggeringly, heart-stoppingly unlucky.  I’m just running through a bad stretch.

SYMPTOM #1: When I get a monster, nobody else does.


We’ve sat tight at a very loose table, folding our rags to every raise and re-raise, waiting for an opportunity to strike.  Finally, here it is…American Airlines in the big blind.  Here we go!  C’mon, suckers…get those chips flying…wait a second.  Where’s everyone going?  Why are you all folding?  Oh, dang….


SYMPTOM #2: Lose the big flips, win the small ones.


We’re in the money of a tournament with an average-sized stack, about 20 big blinds, looking for opportunities to pick up chips, move up the leaderboard, and seize the chance for a serious payday.  We’re dealt AK in the big blind.  The cutoff has about 16 big blinds, and makes a pre-flop raise in a classic steal position.  We shove, wanting to look like a pure re-steal, so our opponent will call with his A9 or KQ.  But he doesn’t have A9 or KQ…he’s got JJ, and we lose our flip.  The very next hand, we’re dealt 98 suited, and in a fit of frustration, shove our puny stack against a button raiser, who has 66.  This time we flop an 8 and win the hand, but we still only have 9 big blinds.


SYMPTOM #3: Our range assignments are good, but reality is at the wrong end.


After winning our race with 98 v. 66, we’re dealt AJ in the next hand, on the button.  The action folds around to the cutoff, who shoves his 12 BB stack.  It looks like a steal, obviously.  Even the tightest of players should be doing this with no less than QT+, KT+, any ace or any pocket pair.  Loose-aggressive MTT players will do this with any two cards.  We are way ahead of both ranges, so we call.  As it turns out, our opponent has KK, and we’re eliminated from the tournament.


What each symptom has in common is simply bad timing.  Not bad luck – we’ve been dealt some good cards, and won an equitable share of the coin flips.  Not bad play – at no time did we make any regrettable decisions or bad reads.  Just bad timing.


So what can you do about it?  Not a lot, at least not directly.  You can’t control everyone else’s hole cards, their decisions to bet or fold, or the river card turning a win into a loss.  But you can try to keep your head up.  Take solace and comfort from the knowledge you’re not necessarily doing anything wrong.  The next time you play, the breaks may turn in your favor.  The button will have KK when you get AA in the big blind.  You’ll flop an ace in that key race which puts you in the chip lead.  When you make the hero call with A8, the shove monkey will meekly turn over 86 and you’ll stack his chips next to your own.


If you comb through your hand histories for the “running bad” symptoms, and come up empty, what then?  It’s time to get self-critical.  If you’re a losing poker player, but you’re not terminally unlucky (nobody is), and not suffering from bad timing…it’s probably your play.  Find the leaks and plug them.  It’s easy to blame bad beats on bad luck…but if you’re always getting your money in ahead, you’re playing too tight and not giving yourself a chance to get lucky in return.  It’s easy to complain you never catch a flop…but you are calling too much and seeing too many flops, leaking chips in early levels, chips crucial for later tournament survival.  You may always be getting dominated by the hero who makes a very loose call…but you’re bluffing too much, giving your opponent a reason to assign a range much wider than you’d like.


When you leave the table, you decide what kind of poker player you’ll be when next you play.  Our greatest chance for improvement is to use our downtime wisely and objectively.  The next time you’re getting crushed over and over, with no…end…in…sight, give yourself a checkup.  Take the time to look for symptoms of variancitis.  Find your own path to good poker health.


“All of us have bad luck and good luck.  The man who persists through the bad luck – who keeps right on going – is the man who is there when the good luck comes – and is ready to receive it.”  -  Robert Collier


Comments
7DeLuX 

7DeLuX said:

great quote imo , and another good article ty graps

July 1, 2008 5:02 AM
HiFi 

HiFi said:

fantastic article, thx graps.  been on a gross cold streak lately and reading this actually made me feel a bit better.

July 1, 2008 6:40 AM
ucfchamp 

ucfchamp said:

I like the third to last paragraph, VERY REAL!!!

July 1, 2008 9:37 AM
lordxixor101 

lordxixor101 said:

Another interesting article.  Graps could release a book here.

This is one of the toughest things to deal with.  Some of my streaks seem rediculously long to me, yet might not be.  Breaking even of 100 45 man SNG's, probably really normal, but during it, it can feel painful (especially if you are finishing higher than average in the ones you win, so you have tons of losses).  It can easily be variance, but it's always hard to find that right mix, in switching up your game, and leaving it alone.

July 1, 2008 10:43 AM
the_schmenx 

the_schmenx said:

When thinking on this topic, this quote comes to mind by the great John Wooden.....

"Intensity makes you stronger. Emotionalism makes you weaker."  

Complaining, trying to dig for reasons that aren't there is keeping you from playing your best, Good vs Great in poker is how you play the marginal spots, pick up pots nobody wants and make the tough laydowns....

If you know how to play, shut up and focus and you'll find your losing streak doesn't last as long

July 1, 2008 11:02 AM
Drewace34 

Drewace34 said:

awesome article...really got a lot of use out of it ty

July 1, 2008 11:20 AM
8888kush 

8888kush said:

great article! I really needed to read that

July 1, 2008 11:22 AM
The Exciter 

The Exciter said:

Thanks man you always write the article I need to read to keep my head up.

July 1, 2008 11:41 AM
jdsas 

jdsas said:

Graps,

was just wondering where you went.  Well said man.

July 1, 2008 12:29 PM
duclover 

duclover said:

Graps, great article and much needed.

Thank you.

July 1, 2008 12:47 PM
BRIKZ 

BRIKZ said:

Its a good article to make you think, but what does it mean when you lose all the time with AK to A 10 or pocket 8's and lose to pocket 6's.  And i would assume i have a tight image.  This seems to happen a lot to me lately. Does this happen more in the lower limit mTT. $15 and down.  Or are there these loose crazies at the bigger buyins as well  $50+.  I am really thinking of moving up but if i get mad about $10 beats I am going to throw my computer through the wall at $50 ones.

July 1, 2008 1:19 PM
P0WERAGE 

P0WERAGE said:

Great article, right on the money...literally! I know that I really have to just keep plugging through this even though it seems like it's lasting forever! Had to drop down my buy-ins to avoid busting. That's not fun, but sticking to that plan too minimises your loses.

July 1, 2008 2:50 PM
Snake413 

Snake413 said:

There is variance in poker?

July 1, 2008 3:47 PM
BgsaPnaples 

BgsaPnaples said:

I hope someone kicks variance in the balls and throws him off somehing high.....real high.

July 1, 2008 10:01 PM
pohlr 

pohlr said:

This article couldnt have been posted at a better time. I just finsihed off a terrible sess. of beat after beat and needed to read this thanks

July 2, 2008 1:47 AM
Mattisbest 

Mattisbest said:

I always wondered why graps called my all in with A8...

July 2, 2008 5:43 AM
grapsfan 

grapsfan said:

JD, I hadn't gone anywhere.  This article's been in the queue for a couple of weeks.  With P5ers making almost every single WSOP FT, the news from the Rio has been taking priority over feature articles.  Deservedly so...there's a lot of guys kicking a lot of ass.

Much thanks to Jack Welch for providing the quote...and thanks for the kind words, everyone.

July 2, 2008 6:16 PM
FouTight 

FouTight said:

Great article, nice quote too.

Here's another quote I particularly like.. its from a full tilt ad in BLUFF :

(Photo:  Cute figure of a girl playing guitar used as a chip protector over some chips.)

'' Luck is a Tease

She flirts with all but is faithful to none.

Where we play, 'Luck' comes from experience and discipline.

Not rituals or shimmying plastic trinkets ''

I think im going to post that ad on my wall.

July 2, 2008 11:20 PM
duclover 

duclover said:

First time I read this article, I won my first 4 digit tourney. Been a couple of months of variance in mtts. Just re-read. If I win tonight, this article will be a nightly read

September 24, 2008 4:55 PM
BJJ Purple 

BJJ Purple said:

Great stuff Graps, was almost thinking about giving up on poker Ive been running so bad with dominant hands, but this article is gonna make me look for any holes in my game and definitley  keep my head up and know that hopefully the storm will pass

December 24, 2008 7:46 PM
Parck 

Parck said:

Good article, I have been looking for something like this. I know we all run bad from time to time but plugging leaks ends these bad streaks much quicker. I have a couple of new strategies I plan on implementing tonight and I will post my results on these strategies later.

August 19, 2009 11:41 AM

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