Friday, August 14, 2020

Loss portfolio

I've used this blog post title several times before. Here's an excerpt of what I had to say on March 3, 2017:

One of the best reasons to keep good poker records is so that you can build up a really impressive loss portfolio. It may seem odd, but there's a really good reason to have such a portfolio - it can cheer you up when you need it most :-) In the last twenty sessions, I've lost $802,475. That's a sizeable loss. Compared to other stretches of my career, however, how big is it really? I ran the numbers, and this loss was only my 61st worst. That's bound to make anyone feel better :-)

In the last twelve sessions, I've lost $1,686,000. That's a sizeable loss. Compared to other stretches of my career, however, how big is it really? I ran the numbers, and this loss was only my 98th worst. It barely cracked the top 100 :-)

style flavor buy_in entry players entries paid place winnings

MTT   NLHE   174000 26000       6      86   21    47        0


delta: $-200,000
MTT NLHE balance: $20,430,668
2020 balance: $13,208,343
balance: $75,016,353

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