Archive for the ‘Sharkscope’ Category

Asking for Trouble

Monday, June 22nd, 2009

One source of valuable information that Sharkscope can give you about a tournament opponent you know little about is ‘average stake’. Often you will find that the player in question is indeed playing at a level he is accustomed to but it is extraordinary how often this isn’t the case. I have been struck recently about how often I have taken my place in a $109 SNG only to discover that several of my opponents at that level have an average stake of about $5. Further more, of those cavalier individuals who have suddenly taken a shot at a big money game, the vast majority will having been losing at the very lowest level. Quite simply, they are looking for one great game at high stakes to sort out their debts. To be frank these are good people to find yourself up against. They tend to be unaccomplished and now, thanks to a moment of madness, they are probably terrified.

These people are gamblers. I make a clear distinction between poker players and panicking, desperate gamblers. Poker players wager calculated sums with reason to believe they will see ROI -’return on investment’ in the long term. They have shown an ability to win some money over a period of time that has seen good and bad runs. I have previously suggested that a conservative estimate of what that time period would be is in the region of 1000 games or more. And trust me this is a conservative estimate. I know great online tournament players who have had a bad 1000 games. The swings are more brutal than 99% of online players could ever imagine.

For the gambler leaping up the stakes the phrase return on investment is an unnecessary compliment in itself. Throwing ten times more money at something you have previously been unsuccessful at isn’t investing in my eyes. Sharkscope should show their ROP – return on punt. When I go to the Epson Derby I’m not investing my money because I don’t know the first thing about horse racing. But I might take a punt, based on some ludicrous hunch involving a horse’s trainer being born on the same day as my uncle. In poker, you need to prove that you can win at the low levels in order to earn the right to play for big bucks. Put another way, get a bankroll!

The problem with this is that it can all take rather a lot of hard work, patience and can be rather time-consuming. Given that most losing ‘poker players’ – if I use the term in the loosest sense – are convinced that they are just unlucky, they can easily convince themselves that success is always just around the corner. (Most winning players are also convinced they are unlucky as well and that says a great deal.) Frighteningly, but also brilliantly from my point of view, a losing $5 player will often even conclude that their game is more suited to the high stakes. The rationale here would be that they operate on a level so high that their moves are wasted on other low stakes players. ‘A better player would have folded to my bluff there’, is not an uncommon thing to hear. So off they head to the high stakes where their brilliant play will finally be rewarded.

Delusional doesn’t even begin to cover this mentality. Yes, there is truth in the fact that a ‘move’ can sometimes work against a better player and not an imbecile but one of the game’s greatest skills is learning to play each opponent properly. ‘Don’t try to bluff a player who simply can’t fold‘, is a valuable lesson and one best to learn at lower stakes. These are the players who will pay you off when you really do have a hand. But putting all this to one side, the fact is that you’re probably not good enough to win at high stakes until you are a proven success lower down.
It is temptation that combines with this self-delusion when a player ends up in ‘too big’ a game. I’m sure that a player who has lost $250 playing $5 SNGs is discouraged by the thought that it will take a supremely good run at that level to merely return to even. He will then become intoxicated by the thought that just one good game at the $109 level will wipe out all the debt in an instance. Throw into the mix a sense of injustice having probably lost the previous game with AK against AQ and you have all the ingredients needed to make that rash decision to leap in at the deep end.

Of course, the most likely outcome of this decision is that that our loss chasing gambler will simply accelerate his demise into the red. Even the best tournament players on the internet don’t routinely make the money more than half the time in a standard format. Not over a year or two’s play at least. It is quite possible that the gambler will even play a faultless game. Indeed, I have noted that these stake leapers will often become very tight and put in a competent performance because so much is suddenly at stake. However, in a desperate bid to eradicate poor play they will often become too tight and weak. Suddenly their blinds are available for the taking and they become predictable. The regular high stake players have noted that the newcomer appears too scared to bluff or get out of line at all. Good players will inevitably use this to their advantage.

In the final analysis if the gambler falls short of the money at this level it will hurt more than ever. It won’t ultimately matter whether the crucial moment was determined by bad play or bad luck because the greatest pain will come from having needed a result far too much. Deep down, he will be angry with himself for entering a game that he had no business being in. But wait, perhaps he will make the money and it will all be ok. Possible. But I suspect that the bad decisions will not end there and it will all end in tears soon enough.

Simon Ballou writes for Oddschecker.com

Damning Evidence

Monday, September 1st, 2008

The vast database of online sit and go tournament results provided by Sharkscope makes compelling viewing but I can’t help wondering if we should all hate its very existence. For the hoards of internet players losing money there is now irrefutable proof that you are doing just that. It’s all there in black and white, or red as it were. If you stopped keeping track a while ago of your precise profit or loss figures, it’s all there for others to see anyway. There can be no more assuming that you’re ‘just about breaking even’ because the proof is out there and tells us what we already knew deep down – ‘just about breaking even’ actually means losing.

At the other end of the spectrum the news is arguably not much better for the top players. It’s true that your outstanding results are there for all to see and may be a great source of pride. There’s no need to blow your own trumpet when Sharkscope is there to do that for you. That’s all great and good for the ego but whatever happened to keeping a low profile? In poker the ability to slip under the radar and be underestimated is a valuable asset. Yet an outstanding return on investment (ROI) can make that nigh on impossible. So the correlated results must be bad news for everyone then? Shame and embarrassment for the losing player and too much respect and wariness for the best players.

But this summary oversimplifies everything. Firstly, thousands of players never look at Sharkscope and don’t even know it exists. That means that everyone who does use the results service has information on new players that others won’t. That’s an advantage to have whether you’ve won $30k or lost $30k. In other words, the service is worthwhile because you will always learn more about your opponents than the table will learn about you. Secondly, even with all the results laid out for all to see, many players will misinterpret the information they receive and jump to the wrong conclusions. Don’t assume a player is good simply because he’s won more than he’s lost on aggregate.

For example, it is quite possible for a player to have a half decent profit total and still be a pretty lousy player. The key discrepancy to look out for on this score is a negative ROI figure that accompanies the profit figure. This is the truth statistic on Sharkscope and it appears that the special significance of the ROI is recognised by the site adjudicators. I assume this because players who request to have their statistics hidden can have their profit/loss details and game totals removed, but crucially not their ROI. The reason this statistic is so telling is that a poor player can temporarily achieve profit simply by chasing his losses and raising the stakes. If for example I played 10 games at $22 stakes and lost them all, I could still be in profit if I then played one $109 game and won it. This would distort my bankroll and make everything seem alright again. Yet in all likelihood I would have just got lucky in the biggest game and this would still be reflected by a negative ROI.

I might add that a player who reacts to losing consistently at a lower level by jumping up the stakes may well have a gambling problem. There is as yet no ‘addict’ symbol on Sharkscope to accompany the ‘fish’ and ‘shark’ epithets, as far as I’m aware. There is also a danger that unimpressive statistics can lead you to underestimate an opponent. For every lucky swine who wins when he moves up a stake there are dozens of the rest of us who seem to get our worst luck and worst results after moving up a division. Not that I’m bitter. In these instances the overall statistics might not do our true capabilities justice.

One mistake I was definitely guilty of in the past was jumping to conclusions based on too small a sample of results. If I saw an opponent had played 10 games then obviously I knew the information at my disposal was virtually worthless. However, if a rival had played 200 games then I was quick to make sweeping judgements. I realise now that this too is very risky. I only have to look at my own swings in fortune to underline this point. If an opponent looked at my results for one week my ROI could be 30% over 200 games. Equally, if he looked again the following week he might see an ROI of -8% for the following 200 games. I can’t overstate how big the swings are even for the most successful players. This must be considered when forming any player evaluation.

The sheer depth of statistical analysis possible on Sharkscope is mind-blowing. This is invaluable when putting your own play under the microscope. There might even be a time of day when your results are best because you tend to be at your most alert. It’s unlikely you would ever be able to even test that theory without the advanced filter searches available on Sharkscope. It’s a resource that I believe can improve your game. But remember, other players can develop as well. That guy you did a quick search for who’s $8k down is easy to dismiss as a fish. But you never know, delve a little deeper; three months ago he may have been $15k down. He’s on the charge, improving, and transformed from fish to shark! You never know, it could happen.

Simon Ballou writes for Oddschecker Poker