I've been working fairly hard since early this summer on learning to play pot limit omaha. The games are good and there is a lot of action most times of the day. I started out playing 1/2 PLO which has a 200 dollar buyin and things seemed to go really well.

That is my lifetime graph at 1/2 PLO. I figured I was ready to up the stakes and moved on up to 2/4 PLO, and that is where I ran into some problems. As you can see, my graph for 2/4 PLO looks much different.

When learning a new game it takes a long time to "know" if you are a winner due to short term variance. Despite there being a significant skill component to playing, there is also a lot of luck that influences results over small samples - and 15-25k hands is a small statistical sample. There is a program available online that can measure your luck in "allin" situations, which is one form of luck. PLO is an action packed game that involves a lot of allins, so how you run in these spots will heavily influence your results.
This graph shows my allin luck at 1/2 PLO. The blue line graphs how much I actually won, the red how much I should have won if I had average luck.

So,I should have won about 10k but I have actually won over 12k. Over 28k hands I'm running good to the tune of over 10 buyins in allin situations. Not bad.
Now lets look at the same graph for 2/4 PLO where I'm losing a considerable number of buyins.

In this case, over 17k hands I have lost 3k when I should have won over 4k, nearly 20 buyins. This is pretty unlucky.
Short term variance like this makes it hard for me to determine whether I'm actually a winner in the 2/4 games. Constantly getting unlucky can also introduce "tilt" in even the best players, where I am not mentally playing my best game because I am too focused on the losses. Obviously I have no control over what happens after I am allin and results in these situations should not affect my play.
I'm playing more 1/2 recently to continue to work on learning the game and rebuilding my confidence. I feel like I am a long term winner at 2/4 and I continue to play in the games on occasion.

That is my lifetime graph at 1/2 PLO. I figured I was ready to up the stakes and moved on up to 2/4 PLO, and that is where I ran into some problems. As you can see, my graph for 2/4 PLO looks much different.

When learning a new game it takes a long time to "know" if you are a winner due to short term variance. Despite there being a significant skill component to playing, there is also a lot of luck that influences results over small samples - and 15-25k hands is a small statistical sample. There is a program available online that can measure your luck in "allin" situations, which is one form of luck. PLO is an action packed game that involves a lot of allins, so how you run in these spots will heavily influence your results.
This graph shows my allin luck at 1/2 PLO. The blue line graphs how much I actually won, the red how much I should have won if I had average luck.

So,I should have won about 10k but I have actually won over 12k. Over 28k hands I'm running good to the tune of over 10 buyins in allin situations. Not bad.
Now lets look at the same graph for 2/4 PLO where I'm losing a considerable number of buyins.

In this case, over 17k hands I have lost 3k when I should have won over 4k, nearly 20 buyins. This is pretty unlucky.
Short term variance like this makes it hard for me to determine whether I'm actually a winner in the 2/4 games. Constantly getting unlucky can also introduce "tilt" in even the best players, where I am not mentally playing my best game because I am too focused on the losses. Obviously I have no control over what happens after I am allin and results in these situations should not affect my play.
I'm playing more 1/2 recently to continue to work on learning the game and rebuilding my confidence. I feel like I am a long term winner at 2/4 and I continue to play in the games on occasion.











