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"I need help rant", stake

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longple    Sweden. Oct 24 2012 08:27. Posts 4472
Oh boy, where should i start?

I havent blogged on LP since May where i basically wrote that ive been loseing most of my roll going on adventures on 25/50 and 50/100$ wich ended badly (lost almost 200k$ from peak that month only).

Since then i went to thailand for a month to cool off and get my mind off poker, i ended up playing some there and lost even more and when i got back home, spending alot on the trip itself i continued grinding 5/10 ish stakes and voila nothing worked for me, i ran bad, probably played alittle bad and ended up loseing alot more.

in July i was left with not much money at all, wich ive been liveing on since then as i contacted a few LPrs personally for a stake to kind of get out of my panicmode and secure the money that i had so that i could live my life and pay rent and bills and stuff without a problem for the rest of the year. I ended up getting staked by our very own Ket.

things looked good in the start, i won alot on midstakes and playing SH Ket gave me alot of freeroom to take 10/20 shots aswell as takeing HU variancegames if i felt i had an edge (with my pokerego thats basically every1 except sauce and kanu)

i ended up loseing a ton while playing HU and winning alot playing SH

these were the results from the time playing with Ket as a backer:



I lost another 10k on Ongame and since Ket pretty much stopped playing poker and dosnt have any money online anymore, we decided to quit the stake since he didnt have enough to keep me going on 2/4-5/10 / didnt want to risk loseing more, wich is 100% understandable

Playing around with HEM filters

Those results dosnt look to sexy, but imo there is more to it than just that, and there is some good things to look at from these hands i played for Ket. alot of my losses have come from HU deep matches that ended badly, for example i lost 35k$ to a very compitent reg on 5/10 in a single session.

these are my ringgame results filtering out 3 players and more:



as u can see i didnt do to well in my HU matches loseing 50k$ on 2/4-5/10 HU in about 30k hands.

HU variance is pretty brutal and loseing 40 buy ins or something in a HU match is something ive done multiple multiple times in a day, and normally i shake it off pretty fast (when being rolled for it)

My HU graph lifetime would prettymuch be 100 buy in ups and 100 buy in downs in pretty small samples, and its pretty standard when faceing the type of people who wants to play me headsup on HS.

anyways, i feel like i really fucked up with Ket, not really handeling the situation im in to well, i mean, playing HU against the best guys on the limit is probably not the way to go with those type of swings when being on stake, where the % of winnings are reduced u should really just look for lower variance bigger edge kind of spots. longple gonna longple i guess.

im not really trying to scew this to trick a (possible) future staker on this whole thing, u cant just look at the winning days or winning limits, then i would have even sexier graphs then ive been posting here the last couple of years, overall results says that im a breakeven bb/100 player over 200k hands lately, wich isnt to much to brag about. But im just trying to sell myself as the winning player i know that i am, and looking at it from the positive angle (wich is filtering out the HU matches) where u can really see a pretty solid edge.

More tricks up my sleeve + what am I looking for?

Since what im looking for now is really just a stake to play SH mainly 5/10 and stay away from both HU and 10/20 until im back on my feet again and have a big roll, because these past 6 months have been really fucking hard on me and i really need some help because i have alot of energy and freetime obviously and im eager to play and get out of this hole that ive put myself in.

To scew the angle alittlebit more, (i feel like its somewhat relevant) filtering out the 10/20 results this is how my graph looks like dureing these past months playing for Ket. (wich is the results for the stakes that i want a stake for)



With that 20k$ dip in the end putting the nail on the whole thing (i stopped played HU after talking it over with Ket the last couple of weeks, things looked great but the big loseing day put me about 30k$ in the Red for the whole stake, wich was where we decided to end it.

All im trying to show from all these filtered results is that there is some relevans to it, since what im looking for is a 2/4-5/10 ONLY SHORTHANDED stake.

Feels kind of crappy to putmyself out like this as a broke degenerate that hasnt been winning for the past 7 months, but i dont really care how i will look after posting this. Ive fucked up bigtime, loseing alot of money this year on stupipidity basically. I have to bite in the sour apple now if i even wanna keep playing poker, wich is what i wanna do for atleast 1-2 more years since i feel like there is still alot of money to be made, and i still have a decently big edge in the games. not as big as 1 year ago maybe, but still a pretty big edge.

Im not sure if posting it this way will either shoot me in the leg or end up being a winner since i feel like i somewhat are talking around facts by showing different filters in HEM, and i probably have enough trust and faith from the LP community as a winning player that i dont need to show these filtered results. But im really tired of messing around like this, these last months ive been thinking alot about poker and life and yadda yadda and im tired of doing this now, i just wanna bumhunt for a while and get back on my feet, cuz my head hurts, i havent won anything this year and just gone on stupid rollercoasters takeing the thoughest HU and 3 handed games my whole carrer. I dont want that anymore, im getting old

im desperate for help since the only option i have other then getting a stake, is falling back on 0.5/1$ or something and spend 100s of hours grinding my way back up. I really think investing those 100s of hours playing my maingames even if not getting 100% of the winnings (possible winnings i guess) is a better way to go.

any1 interested? cuz im all out of personal contacts to ask for help.

if so, hit me up with a PM and we'll excange skypes and talk more there.

Alot of earlier results and information about me can be found earlier in this blog, im also pretty sure that there are some "big name" LPrs that are willing to vouch for me aswell if some1 wants that

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 Last edit: 24/10/2012 08:50

longple    Sweden. Oct 24 2012 08:31. Posts 4472

sorry for the post being so chaotic and ranty

hopefully enough people will read this wall of text that maybe some rich bastard out of those enough people are willing to help out and work with me for a while.

Ive also asked Ket to post some comments about his side of the whole thing in the comments

peace

oh and also, i forgot



also nr2

maybe its wrong to be a featured blogger and "useing" it as publishing it for more attention on the frontpage, im cool with mods removeing the post from the frontpage if i did something wrong.

 Last edit: 24/10/2012 08:54

DustySwedeDude   Sweden. Oct 24 2012 08:56. Posts 8623

I don't have enough money online to stake someone for those stakes but in case anyone else feels like a joint venture I can probably buy a decent sized piece of it.


ggplz   Sweden. Oct 24 2012 09:28. Posts 16784

Lycka till

if poker is dangerous to them i would rank sports betting as a Kodiak grizzly bear who smells blood after you just threw a javelin into his cub - RaiNKhAN 

spets1   Australia. Oct 24 2012 09:44. Posts 2179

how much of a roll would you need to start this off?

hola 

HaiVan   Bulgaria. Oct 24 2012 09:52. Posts 2083

If a single investor is not found consider doing what player999 did with the SCOOP/WCOOP stakes that he got.
Its a bit more complicated but it gets shit done i think.

Poker chobo. 

doriipoker   Iceland. Oct 24 2012 10:00. Posts 140


  On October 24 2012 08:44 spets1 wrote:
how much of a roll would you need to start this off?



exacly.

And how does this work? Let's just say *A* would stake you 5.000$, and after maybe 1 month of grind that 5k$ would be 25.000$ (just an example)..
And then what? *A* gets 5k$ back and 50% of profit?


longple    Sweden. Oct 24 2012 10:16. Posts 4472

i rather talk that over via skype with guys that has the type of money to back a multitableing "longterm" mid/HS stake, but it would just be a regular stake, shoot in some money, maybe 20k to start with, if it goes bad in the start then negotiate how much we want to invest keeping up playing 5/10 maybe send 10k more if it starts off bad, if it starts off good then maybe the initial 20k is enough to keep going, or what ever the first transfer is.

but pretty much some1 to bank for me to 6-12 table up to 5/10 and then have % of the winnings (hopefully) be able to put in decent volume until we reach our goal, if its a volume goal or profitgoal or what ever we would decide

for example i did a stake with daut before, and that started with him sending 15 or 20k i dont remember wich as a startroll, and he didnt have to send more then that after it because i went on a 17k heater right away, and we had a goal to make xxx$ profit, and then i played xxx k hands until we reached that profit goal we set before starting the stake, we did 60/40 my favour, so i sent him back the initial 15-20k that he sent me + 40% of the xxx$ winnings that i made. and i kept 60% of the profits.


Joe   Czech Republic. Oct 24 2012 10:49. Posts 5987

Why dont you just get a loan?

there is a light at the end of the tunnel... (but sometimes the tunnel is long and deep as hell) 

MARSHALL28   United States. Oct 24 2012 10:59. Posts 1897

personally, if i were in your spot, id get a loan from a friend.

id recommend go ask sauce tho, he's staking ppl as he has said in his most recent blog post on leggo.


DustySwedeDude   Sweden. Oct 24 2012 11:03. Posts 8623


  On October 24 2012 08:52 HaiVan wrote:
If a single investor is not found consider doing what player999 did with the SCOOP/WCOOP stakes that he got.
Its a bit more complicated but it gets shit done i think.



I'm up for something like that assuming the majority of the investors are people with good reputation and/or people I know/have reason to believe are solid.


InsideMan   United Kingdom. Oct 24 2012 11:04. Posts 159


  On October 24 2012 09:59 MARSHALL28 wrote:
personally, if i were in your spot, id get a loan from a friend.

id recommend go ask sauce tho, he's staking ppl as he has said in his most recent blog post on leggo.



+1 on this.

There is no such thing as certainty in life, only opportunity.  

pinbaLL    Sweden. Oct 24 2012 11:28. Posts 7243


  On October 24 2012 07:56 DustySwedeDude wrote:
I don't have enough money online to stake someone for those stakes but in case anyone else feels like a joint venture I can probably buy a decent sized piece of it.


Daut    United States. Oct 24 2012 11:44. Posts 8955

i staked longple at the end of 2011/beginning of 2012. i would sometimes watch his sessions and at first i was kinda blown away by his NL skill. he was the closest thing I had seen to how my good friend genius28 played NL back in the day. he played really tough and creative, fought very hard to win pots but was also capable of making laydowns that most regs wouldnt. ive seen a lot of very good NL players, but he has perhaps the highest ceiling in NL of all the people ive watched/been friends with.

as a horse he did have some big swings. i know he went from being up 15k to down 15k to up 30k at the end with smaller swings in between. this was due to a few things. the first is that when you play like he does variance is natural: bigger bluffs and bigger calldowns leads to more swings. and the second is that his style requires huge precision since mistakes are magnified and if he was ever slightly off he would lose a little more in those sessions. the third was due to some game selection issues, he did like to battle in tough lineups, deep tables with antes and occasionally some HU. however, despite these swings he crushed the games under the stake. i believe he made 30k in roughly 150k hands of mostly 2/4-5/10 in under 2 months.

but he was overall a great horse. he never played above 5/10 without getting the go ahead first, kept me updated how he was doing all the time with graphs and balances, let me watch him play and grinded very hard. longple has a similar characteristic to others ive staked in that when hes on his own he takes crazy shots and goes off the deep end, but on someone elses money will be disciplined. i think being staked would be a mutually beneficial relationship to anyone who takes him up.

two pieces of advice: just avoid HU and try to get a minimum profit before quitting. the second is very important for both sides. longple is the kind of player who can go on his own with 10k, play his A+ game and run it up to 200k. so the backer could be in a position where 80% of the time longple wins 10k and 20% of the time he goes on a downswing and the backer might want to quit before the upswing like what happened with ket. this really limits the upside to the backer. and it is hurtful to longple too. he needs to grind up a roll and become a disciplined person on his own. the first step to doing that is to be overrolled before he reenters the world of playing for himself. i would suggest setting this mark at 60k overall. so if you had a 50/50 deal then 30k going to each side before he can go on his own sounds like a very good idea.

im in the usa right now and im sure longple wants to get set up quick and the amount he can play and make in the time before i will be back outside the USA is pretty staggering. ive always said a good cash game horse makes the very best horse, its just very rare to find them and most horses that you might look into for cash would be bad investments. my guidelines for a cash horse basically describe someone like longple: a great player who goes crazy on his own but is trustworthy and a huge winner in stakes up to 10/20.

if nobody takes him up on this before i get back to canada then i would try and be a part of an investing team with longple, but i think its better for him to get set up quicker. GL!

NewbSaibot: 18 TIMES THE SPEED OF LIGHT. Because FUCK YOU, Daut 

morph1   Sierra Leone. Oct 24 2012 12:05. Posts 2352

yea you shoould pm sauce, I remember him offering a stake few weeks ago in his blog

Always Look On The Bright Side of Life 

player999   Brasil. Oct 24 2012 12:37. Posts 7978

if you cant get someone in a couple of days, def figure out all the details (with a big bankroll) and put it out there for everyone here to buy pieces like I do

Browsing through your hand histories makes me wonder that you might not be aware these games are possibly play money. Have you ever tried to cash out? - Kapol 

longple    Sweden. Oct 24 2012 12:48. Posts 4472

u guys <3


HeRoS)eNGagE   Canada. Oct 24 2012 13:08. Posts 10896

how many times did you go at nl5k+ and went broke?


Rocketchiptrip   Sweden. Oct 24 2012 15:35. Posts 8

Times like these where I wish I had the money to invest in something that'll actually make money

Also, I've mostly lurked here, but I can vouch for longple being a stand up dude. He's helped me loads with reviewing some hands, general tips and ideas!

 Last edit: 24/10/2012 15:36

Mariuslol   Norway. Oct 24 2012 15:42. Posts 4742


  On October 24 2012 10:28 pinbaLL wrote:
Show nested quote +




Hey!! Someone was asking about you yesterday, and here you are, wow!!


 
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