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Old 10-18-2005   #1
Nickatilynx
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Join Date: Oct 2002
Location: Vancouver Canada
Posts: 15,115
Default Re: Poker...been trying an experiment..

Quote:
Originally Posted by RyanLanane
Nick, Variance is the mother of all evils...

Start reading http://www.twoplustwo.com ; do a search for variance and standard deviation... also bankroll requirements would be a good start for some reading...

It is suggested in LHE you have 300 X bankroll atleast... so 10/20 you would need atleast $6,000 at least to sustain all swings... Swings and losses of 100 BB's in one day are not at all uncommon for even pro players ... We all run bad time to time no matter how good you are

Not trying to get you to sto playing at all, as you are definately an above average player. Just think you might want to read up on some of this stuff so when the variance kicks in on the low end you are prepared

Oh, and congratulations you lucky SOB!! LOL


I agree it is possible to lose , badly. LOL

I think 7 stud ( which is what I play for $$) minimises that possibility.

I've never had those type of losses and hope I won't.

The difference is mind set.

People with gambling/poker "problems" don't stop.

They don't sit back and say "hmmm I'm not playing well"..or "I'm still steaming over the argument with the wife"...I think i'll walk away today.

For example....

My brother is literally a mathematical genius.I mean literally LOL

However I watched him lose a lot of money gambling and then saw him at higher limit tables.

When I asked him what he was doing he said "This way I can recoup my losses twice as fast!!!"

WHATTTTT!!!!! lol

Sorry my friend.

I do not believe in streaks..winning or losing...

I believe you may find yourself playing badly and lose or playing well and win.

Analysing it and realising what it is either way is the key.

Oh and my bank roll is at least 100,000 bets at those limits so I think I'm safe ;-)))

plus ...plus icq me yr number
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