Reply to thread

Message

[QUOTE="zachvac, post: 995943, member: 26306"]
lol would I regret it if I asked you to please expand on the part where tourneys are not gambling and cash games are?

umm, if I buy into a cash game I can only lose what's in front of me. If you want to talk to me about re-buying, I'll talk to you about entering another tournament.

But on the other hand, note that a stop loss or max you can lose is a concept derived from gambling or a losing proposition. You walk up to the craps table/slot machine and say "I know I'm favored to lose this, it's just entertainment, I'll play until I lose $100".

On the other hand the way someone treats their job or a winning poker player says "I know that all my poker sessions are just one continuous session and that I want to make better decisions than my opponents as many times as possible". Obviously there are points where stop losses are good simply because losing too much could cause tilt and make decisions bad, but in general a winning player who has mastered tilt should never have to set a stop loss unless he no longer has the bankroll to withstand the variance. If you offered me 60/40 $1 flips, I'd continue to take them even if I had lost $100, probably even $1000. Because I know I can afford it and that every single flip I take the odds are in my favor.
[/QUOTE]

Verification

Search

Reply to thread

About CardsChat

Our Community

Our Site

Follow us