Prose from a Poshboy

[cambridgealex]

Going busto builds character. Better to go bust at 22 than 32

where's the fun in going busto?!

I can imagine it builds character. There's been 2 or 3 incidents in the past couple of years where I've been really stupid with money and each time I've felt like a complete twat but am glad for each experience as it's taught me valuable lessons.

[pleno1]

Do you still play the 2/5 game for that guy too?

[Dubai]

Depends what u want from life. If he wants to be the best and reach the top etc then he probably needs to take chances. If he wants to get by then yeah dont go busto

[cambridgealex]

Do you still play the 2/5 game for that guy too?

no.

[GreekStein]

Think ur going about it fine alex.

Nits are gonna nit. Your way is a bit more risky but it will make you a better player too and you can bounce back if you lose.

[titaniumbean]

Depends what u want from life. If he wants to be the best and reach the top etc then he probably needs to take chances. If he wants to get by then yeah dont go busto

Totally but nowadays with the increasing standard of play, financing your poker can be seen as half the battle as there is still good spots to be wagering monays in donkaments etc but compared to say 3 years ago it's another world.


Part of me wishes that I went broke at some point because at least then i'd have taken more gambles but the other half of me says well I played 2.5/5 and 5/10 online for a bit and obv ran super well so it didn't last long and I never bothered going back there when I was rolled for it again.

[titaniumbean]

Think ur going about it fine alex.

Nits are gonna nit. Your way is a bit more risky but it will make you a better player too and you can bounce back if you lose.

If alex busts next week how is he a better player?

[Woodsey]

Depends what u want from life. If he wants to be the best and reach the top etc then he probably needs to take chances. If he wants to get by then yeah dont go busto

Not necessarily, it just takes a bit longer if he takes less chances.

Its like the story of the two bulls stood on the top of the hill, a young one and an old one. The young bull sees a field of cows down below and says to the old bull with him, 'lets run down there and fucks one of those cows'. The old bull think for a second and looks at the young bull and says 'I tell you what son, why don't we just walk down there and fuck them all'

[titaniumbean]

Depends what u want from life. If he wants to be the best and reach the top etc then he probably needs to take chances. If he wants to get by then yeah dont go busto

Not necessarily, it just takes a bit longer if he takes less chances.

Its like the story of the two bulls stood on the top of the hill, a young one and an old one. The young bull sees a field of cows down below and says to the old bull with him, 'lets run down there and fucks one of those cows'. The old bull think for a second and looks at the young bull and says 'I tell you what son, why don't we just walk down there and fuck them all'

sick my line would be to phail a cab ldo.

[GreekStein]

Well titbeam, I'm not knocking your method, I just think what alex is doing is fine too.

He could just grind the 50/1 for ages and make like 100 buy ins vs the krispy kremes that play in that game. In the meantime loads of that will go on his living costs etc and his roll won't really increase greatly.

When he is ready to step up the likelihood of getting trampled on a bit increases as he's used to playing with these eggs. However if he shot takes sensibly like he does atm his game will stay sharp and there's much more chance of having that decent bink that could set him up for a long time.

He hasn't gone broke yet taking shots and doing what he's doing. It keeps him hungry to play his best with his current approach and I'm for it.

[TheFallen]

the best strategy for a winning player to make the most money is to follow a kelly criterion method

A)take those shots and put their neck on the line with lots of self belief and no fear  AND
B)be disciplined to move down again when they need to



unfortunately the nature of personalities who can handle A) cannot stick with B); people who can stick with B) rarely have the mentality to really go for after A). Most people are far too weighted towards one side.


only a few examples i can think of people who can do both A) and B) really well, most recently probably Jose Macedo. You seem to be doing a fairly good job of balancing the two so far so id expect you to be rolled for 2/5 by year end.

Having said that you need to create a divide between life and poker roll.

[Dubai]

The one thing that does make me laugh when people are discussing bankroll management and how many buyins they need for each level is no-one takes into account if the player is any good! I mean if he is shit then it makes no difference how many buyins they have! Not directed at OP as i have no idea if he is good

[cambridgealex]

The one thing that does make me laugh when people are discussing bankroll management and how many buyins they need for each level is no-one takes into account if the player is any good! I mean if he is shit then it makes no difference how many buyins they have! Not directed at OP as i have no idea if he is good

sigh good point.

[Dubai]

the best strategy for a winning player to make the most money is to

A)take those shots and put their neck on the line with lots of self belief and no fear  AND
B)be disciplined to move down again when they need to...... kelly criterion(?)



unfortunately the nature of personalities who can handle A) cannot stick with B); people who can stick with B) rarely have the mentality to really go for after A). Most people are far too weighted towards one side.


only a few examples i can think of people who can do both A) and B) really well, most recently probably Jose Macedo. You seem to be doing a fairly good job of balancing the two so far so id expect you to be rolled for 2/5 by year end.

Having said that you need to create a divide between life and poker roll.

This is a great post and bang on. Other than life roll stuff

Im gonna try Xwink 10buyin rule on i poker for hu plo. I will deposit $4k. The level increments on there are 2-4 3-6 5-10 10-20 25-50 50-100 100-200

What % of time do i go bust at 2-4 without moving up? and each incremental stage? Assume i wont play lower than 2-4

Obviously i should move down as soon as i have only 10buyins again, but thats not the experiment

[cambridgealex]

how do you all suggest I divide poker roll and life roll whilst playing live cash? Playing live cash involves always carrying large sums of money to and from cardrooms etc, paying for drinks/food/taxis out of the same roll (using the literal meaning of the word roll). I imagine it would be a bit of a ball ache in some spots.

Eg "sorry I can't buy you that corona from the back of the fridge, Shaun, as this money is part of my pokerroll"

I agree it is probably necessary to separate the two, but the practicalities of doing so aren't that simple.