In order to be a poker player...

[imjoshsizemore]

Phil Ivey said that that would be the first line of his book if he were to write one on The Circuit.

[Quanah Parker]

Wow, this post ties nicely to the smashing things post.

When I began playing I would often find myself knowingly making bad plays, crying calls, etc. After knowingly donking off $, I figured if it mattered that little to me I should go ahead and pull an equivalent amount out of my wallet and burn it, cause that's what my bad play was doing. I tried with a twenty once, but I couldn't go through with it. I did improve my play, tho.

Hadn't heard the quote b4, but makes good sense 2 me.

[FishyTalkin]

I burnt a backpack full with bundles of $100 counterfeits right in front of some cops when a teenager.

[Pog0]

[ QUOTE ]
I burnt a backpack full with bundles of $100 counterfeits right in front of some cops when a teenager.

[/ QUOTE ]

this is relevant?

edit: it's like burning play money.

[jfhst18]

[/ QUOTE ]
this is relevant?


[/ QUOTE ]

No. But it's funny.

[PocketChads]

i burnt the money in my wallet a year ago when i wasn't going to class at college

it didn't make me start going to class like i thought it would

[wiper]

a hundred dollar bill??

how about a 20...

[Colonel Kataffy]

Part of the reason poker is difficult is because you rarely find answer to a problem, or the proper behavior or optimum strategy at the polar end of the spectrum. Here the intent of the person is to point out that you can't be successful if you are at the risk averse pole. This ofcourse is a true. But in this kind of an example, you must becareful to not infer from it that it is correct to be at reckless pole.

To be successful, you need to value money, but be willing to risk it if it is your interest to do so. To play optimally you must navigate the grey area between wrecklessness and risk aversion.