Well a couple of my biggest downswings have come after posting a brag graph showing how well I've done. So you'd think I'd learn to stop posting said graphs. No of course not. As soon as I posted my year to date graph on my Leggo blog I went into the worst downswing of my life. Overall I lost about 17.5k to start last month from 2/4-5/10 the net being about 25-30 buyins. I'd say the first 20 or so I maintained a somewhat decent game and was just getting constantly sucked out on/coolered. The last 5-10 were just absolute spew where I just go so tilted after one bad beat that I'd end up playing terrible the rest of the session. So I ended last month down about 5k, for my first losing month ever.
This was all kinda stressful since I just bought a house and also am planning a wedding. Since I couldn't afford to have any more 5 figure downswings I confined myself to grinding out 2/4 until I climbed out. I'm proud to say that I finally made it.
What have I learned from this? Well, certainly that it indeed is possible to run worse than you ever have before. I used to think that 20 buyin+ downswings were only for breakeven regs. Not anymore. While I probably could've contained my downswing to about 20 if I had maintained my 'A' game, its pretty tough to do when running so badly. I hope that in the future I can look back on this and it'll help me deal with another tough downswing that will inevitably happen if I keep playing long enough. Also, obviously I need to stop posting brag graphs. So when I tell you how sick hot I'm running in the future or how well I'm doing, you'll just have to take my word for it
Onto non-poker related material. I was somewhat intrigued by reading Bobbo's posts on how he can predict NBA lines/spreads better than they are being set by Vegas. I used to share the opinion of many that "You can't make money betting on sports... Vegas/Sportsbooks are too good". Now that I think about it, thats the exact mindset most have about poker which obviously isn't true. So I have decided to test how efficient the market really is in relation to college football. There are a ton of stats out there to utilize, so I went through and picked out some ones I deemed important and created a model to predict what the spread on games should be. I then compared that to what the actual Vegas/Sportsbook spread was and used that to predict a winner. My initial findings are very promising. Last weekend my model went 31-16 ATS (against the spread). In games that it said the spread was off by 7 or more it went 8-3. So far this week its 2-1, 2-0 in the games the spread was off by 7 or more. Hopefully this isn't all variance and I may have found another profitable venture. I currently have yet to actually bet on a game though and don't know too much about the legality as an American, so if any of you guys do bet, please let me know about it. According to the model here are some games this weekend that may be some good bets (again, I have yet to bet so I cannot guarantee the accuracy of these predictions):
Alabama vs. LSU (take Alabama -3.5)
Colorado St. vs Air Force (take Air Force -9.5)
Florida vs Vanderbilt (take Vandy + 24)
Georgia vs Kentucky (take Kentucky + 11)
Illinois vs WMichigan (take WMichigan + 7)
Michigan vs Minnesota (take Minnesota -7.5)
NC State vs Duke (take Duke - 3.5)
North Texas vs Florida Atlantic (take North Texas +22.5)
Ohio St. vs Northwestern (take Northwestern +11)
Southern Miss vs Central Florida (take Southern Miss -3)
UTEP vs Louisiana Lafayette (take LA Lafayette -9)
WKentucky vs Troy (take Troy -16.5)
Wyoming vs Tennessee (take Wyoming +26.5)
Those are all the ones where the line is supposed to be off by more than 7 points. There were a couple more on Monday, but they have since fallen under 7 as Vegas has adjusted. Hopefully thats a sign that I'm on the right track. Because my model is purely based on stats, it doesn't account for injuries or anything, so if a key player is recently out for one of the teams above it very well may be off.