Having just come out of one of the worse SnG Downswings I have experienced, I thought it would be a good time to dispense some of the myths that we like to believe result in our losing money.
Firstly take a look at my Sharkscope Graph on Full Tilt and you will see exactly how far things can swing....
When I first started on FTP I ended up doing rather well and then decided in my infinite wisdom to play at a higher level than both my bankroll and probably my capability counld deal with. This resulted in a downswing that I was not bankrolled to deal with and to a large extent resulted in my not playing on line poker for some time.
I took some time out read" The poker mindset" (you will have maybe heard me recommending this book, but for me it is one of the best poker books on the market and a must read for anyone who has experienced tilt and major downswings) and then I decided to play lower stakes SnG's with a bankroll that allowed me the freedom to play for the long term.
For some time I have been steadily building my bankroll at $6 SnG's I'm not setting the world a light but I am in profit. However I recently ran bad to the point where I swung down around $ 300, which at $6 is a big downturn IMO.
The reason..... Who Knows I was playing exactkly the same (maybe) well with some analysis of my actual play perhaps not. I had actually started to compound a run of bad luck with a bit of desperate play, more inclined to draw when I knew I shouldn't trying to force variance to swing back my way..... After All if I couldn;t win with a good hand... Maybe I could win with a bad one lol.
I was on the end though of bad beats aplenty... The two worse
When I flop K55 (holding Pocket K's) get it all in v's AQ and turn 5 river 5
Next Flop AJ7 (holding AJ) All in V's KJ turn K River K
Many other 4-1 + Type beats also in fact far too many to mention.
I can honestly say I was almost turning towards your conspiracy theory and genuinly started to believe it was all rigged.
The upshot, however is I read my book again, evaluated my play and realised it was a combination of bad luck and bad play. Re-Adjusted got my game back on track and over the last few days I have seen things start to turn in the right direction again.
A boring tale perhaps....... But not for me.... As it sure feels good to come out the other side and realise that I can still beat the game and that nobody is out there to get me.
The key to my survival throughout the downturn was the strength of my bankroll TBH and the benefit of hindsight as you will see from my graph. It can swing both ways and sometimes mighty fast.



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