Re: The cost of mistakes
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I'm finding that 2 or 3 mistakes for stacks frequently result in negative sessions. Is the margin of error typically this small?
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It can easily be this small.
A strong win rate is 10 PTBB/100 = 20 big blinds per 100 hands, or 0.2 big blinds per hand. That's a strong win rate. Make one mistake for your stack every 500 hands, and there goes your entire edge.
IMO, a lot of people at this level underestimate the degree to which consistency of competent play matters. Playing 90% of your hands well is almost certainly losing play. You probably don't get to consistently winning until you handle >97% of your hands with a reasonably competent line.
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