Wow… pulled it out of the fire again, although only barely. Pretty exciting too. It came down to the final 120 hand session, going in about $200,000 down still. I got stacked with about 50 hands to play (making a really ambitious call of an all in, slight over-bet of the pot that would have only beat a bluff), and it felt like all hope was lost. With about 10 hands to go, on the same table, I doubled up (I’d reloaded after getting stacked) breaking even on that table, and small winnings on the other two tables were enough to push me into positive territory.
This run was Balance V, for high Value. I basically cut the bluff targets in half from the prior run, to leave it quite value heavy. Again, staying close to the target ratios was not easy, as it is not like you can force a correcting play on the next hand or two when you notice that you are skewing one way or the other, and so I did miss some of the desired targets again. Still, I definitely achieved the main objective of increasing the ratio of value to bluffs relative to the prior run.
- Flop
- pot sized bet target: 2 value to 1 bluff
- pot sized result: 22 value to 9 bluffs
- 1/2 pot bet target: 4 value to 3 bluffs
- 1/2 pot results: 25 value to 18 bluffs
- Turn
- pot sized bet target: 3 value to 1 bluff
- pot sized result: 13 value to 6 bluffs
- 1/2 pot target: 2 value to 1 bluff
- 1/2 pot result: 19 value to 9 bluffs
- River
- pot sized bet targets: 4 value to 1 bluff
- pot sized result: 10 value to 2 bluffs
- 1/2 pot target: 3 value to 1 bluff
- 1/2 pot result: 18 value to 5 bluffs
I often get surprised by the results of these runs. I kind of thought this had a fair chance of outperforming the first Balance run, as there would still be enough bluffs that I’d show down a few, and hopefully that would be enough to get a lot more calls for my value bets. What ended up happening: especially in the first half, I got value owned a lot, making value bets into what turned out to be better hands. That will always happen from time to time, and of course doesn’t mean the bets were not value bets, or that I shouldn’t have made them… it’s just another way you can and will run bad sometimes. On the flip side, I obviously got lucky a time or two also.
But I have felt in general like my bluffs have been more profitable on their own than I’d expected going in. It might just be that a lot of players see my rank, and think something like, “gee, I’m just going to fold unless I have a monster.” So it might be that people are folding more against me than against most of the other players on the level… I’m not really sure. Also, in general, if you apply a lot of pressure, you’ll often get rewarded with your opponents making bigger mistakes as you take them out of their comfort zone. But as the name of these latest strategies suggest, that pressure usually needs to be kept somewhat balanced.
Balance V results:
Tables played: 1k/2k NL Holdem 9 max
Hands played: 1,000
Chips won: $219,038
BB/100 hands: 10.95