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[QUOTE="jdeliverer, post: 1250424, member: 38411"]
True, if you are following proper bankroll management.

Here's why: you don't really care about money. You care about utility, i.e. how happy the money makes you. Getting $1,000,000 is not even close to twice as helpful as getting $500,000. Also, losing $100,000 is significantly MORE harmful than getting $100,000 is helpful. (This is assuming you are not ridiculously rich.

But losing 25 cents and getting 25 cents are almost exactly opposite in terms of utility. This is the point of bankroll management. When you are playing within your bankroll, utility EV decisions and $ EV are the same. Losing 1 buyin and gaining 1 buyin should be exactly opposite.

If you have your whole life savings on the table and someone goes all in, where blinds are 1000/2000 and you have AA, you should fold. Because losing your life savings is so terrible compared to what you gain by doubling up.

You want to be playing within your bankroll because otherwise you will not make perfect Utility decisions (which is best for your life in the long term) while still making good $ decisions (which is, of course, best for your bankroll in the long term).
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