Making sense of these sessions is difficult especially for newer players. It is also hard for people who have marginal or negative winrates because they will happen very, very frequently to them. It is important to realize though that these sessions are a natural occurrence for everybody who plays poker. They are part of the variance that comes with playing this game. The key is to make sure that they were unavoidable and you were not the problem.
The Most Important Stat
The first stat that I always look at when analyzing a slow losing session like this is WSD (W$SD% for HM2 users). In more precise terms this refers to the percentage of the time that you won money (the pot) when you went to showdown. In Pokertracker 4 this stat should already be added by default. The same goes for any other poker tracking program. If it is not, then add it right away.
Most winning players have a WSD that hovers somewhere between the high 40's and the mid 50's (if your WSD is significantly outside of this range then there might be some deeper fundamental issues with your game). If you had a slow losing session then it is likely that you will be in the mid or low 40's. Anywhere below this (in the 30's for instance) is definitely a hell session.
The difference between a winning and losing session can often be a very fine line. Often it will boil down to just a few key pots. However the cumulative effect of losing just 5% or 10% less often at showdown than you normally do can easily make the difference as well.
Win/Loss Ratio of Medium Sized Pots
As I talked about in a post earlier this year about how to conduct a session review it is easy to filter for pots between a certain size in PT or HEM. Again, in these small losing sessions it is assumed that the big pots (you stacked someone or they stacked you) roughly even out. So I want to know what happened in a bunch of smaller pots of roughly 30bb-100bb in size.
Most winning players over the long haul should have a decided advantage in winning versus losing pots of this size. In a slow losing session though you will likely have quite a few more than normal in the losing category. It is key that you examine the losing hands carefully and make sure that the reason you lost them was outside of your control.
As I talk about near the end of Modern Small Stakes there are a number of key questions that you should be asking yourself when reviewing these hands.
- Could I have won this pot with a different line?
- Did I correctly make use of all the HUD data that I had on my opponent at the time? (i.e. imbalances that can be exploited)
- Did I put my opponent on a correct range based on the action in the hand and the player type?
If you are satisfied that in the majority of these hands that there is no better way that you could have played it, then you just have to move on and accept the results. If not then this is the time to note the mistakes that you made and make adjustments in the future.
The Long Run is Long
As we know winning poker is just a series of good decisions made over the long run. At limits above NL10 where the winrates for most long term winning players are typically not above 5bb/100 a sizeable number of your sessions are going to end negatively even if you did everything right. It is important to understand that this is simply a reality in today's games.
As long as you are confident that you made good decisions most of the time (nobody is perfect) then you have nothing to worry about. I often don't even bother reviewing these types of sessions anymore. The WSD stat usually tells me everything that I need to know. But for newer or struggling players it is a good idea to review your medium sized losing pots frequently. This is often where the difference between winning and losing players is found.
Anybody can stack someone with a set when their opponent has an overpair. Everybody goes broke when they run KK into AA. These pots play themselves. You need to make sure that you are doing everything in your power to win the pots when nobody has anything (or at least anything very good). Everything else is just a part of the natural cycle of variance in this game that we all go through.
How do you approach slow losing poker sessions?
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