Re: Short Poker Essay: How to get broke, how to get rich
 

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So true.

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I know it seems like "duh" this is just common sense. But what I'm saying here is that you have to get yourself ADDICTED to making good decisions. Otherwise you will be miserable and only marginally profitable at best.

If you sit down and say to yourself, "Im going to play until I make 500 bucks or whatever" you are headed down a dead end road. Sure, you may make 500 THAT DAY, but you will soon have a massive downswing because you are focusing on the wrong thing.

I hope I've helped someone with this today. Poker is not easy and the greatest part of your poker success will have little to do with your actual "skills". It will mostly come from your ability to deal with the psychology and your maturity level in the game.

Indy

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I agree completely. I just didn't have much to say about your OP, although it's very intelligent.

I'm at the stage where I value making the correct decision over winning the pot. And it really does have a huge effect. Suddenly, every session becomes either a big win or at least a small win, because you grade yourself based on your decision-making. I suppose if you make lots of bad decisions you might not be all that happy, but when you've got some experience, you eventually gain the confidence to trust yourself, and not second-guess yourself irrationally.

I think a large part of what helped me get to this way of thinking is that I went to college and got a degree in mathematics. Dealing with probability as much as I have, you realize that one instance doesn't mean anything, etc. and it's the longrun you have to look out for. Once you realize that, it's foolish to think of anything other than making the most +EV decisions you can.

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Very good here. If you focus on the decisions and you constantly improve, you will have no choice but to be a very strong poker player in a few years time. I just wish I hadn't wasted so much time in poker over the past 4 years. I've only recently (say 6 months ago) gotten VERY serious about pwning and developing my game.

At the end of the day, I feel that I am a an implied multi-millionare because of my decision-making philosophy.

Indy

Re: Short Poker Essay: How to get broke, how to get rich
 

I will add my 2 cents...

Be careful at the volume of hands you play. My A game lasts for about 500 hands per session. I can say with a lot of confidence that there aren't many people I can't beat when playing my A-game. I have been focusing way too much on volume than quality and it has hurt my game. Have the discipline to limit your sessions to a tolerable number, take a nice break (exercise is huge in between sessions imo) and hop back on the horse when you are feeling fresh.

The wisest words I've ever heard related to poker came from 2+2's resident LimiDonk Schneids. He said that the best players don't have the best A-game, they just play their A-game for longer periods of time than most.

Just to play Devil's advocate, I think results are important. Furthermore, I think understanding variance is important. If you are running bad and you know it's normal it's much easier to tolerate than if you have no clue. As some of you know I had a terrible downswing (which I'm not fully out of, but healthily along my way to robustoville).

I wanted to understand variance and to know that what I went through was a very rare downswing. Upon review I think bad play made up a larger chunk than I originally gave credit to, but I had one day where I had no less than 20 totally disgusting situations (coolers and suckouts).

Even more recently I took a trip to Vegas and was playing at Caesar's Palace. I hit a BBJ hand at the only Harrah's owned casino that didn't have a bad beat jackpot. Not only that, but my hand qualified for even the most difficult to hit bad beat jackpots (I lost with quad aces using both my cards, to a royal using both his cards).

Combined with my $25kish bad beat put on me during the FTP IronMan competition (explained in one of the LC threads) I can categorically say that I run worse than most. That brings me some comfort because I now understand the nature of variance and to be a winning player even given the crap that has been slung my way it builds my confidence and encourages me to continue playing.

Re: Short Poker Essay: How to get broke, how to get rich
 

OMG I just dominated steel trader and he won....and i dont even care! LOL. I made perfect decisions. Results are for little girls.

Indy

Re: Short Poker Essay: How to get broke, how to get rich
 

what level husngs would u need to play to make >25k a month consistently?

Re: Short Poker Essay: How to get broke, how to get rich
 

wp (wise post) sir

Re: Short Poker Essay: How to get broke, how to get rich
 

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what level husngs would u need to play to make >25k a month consistently?

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i think he tries to grind the $100 HU for 2000 a month and his wife brings in 23k lol

Re: Short Poker Essay: How to get broke, how to get rich
 

lol sounds like a good plan to me

Re: Short Poker Essay: How to get broke, how to get rich
 

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what level husngs would u need to play to make >25k a month consistently?

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Not a single HUSNG player has made 25k a month consistently.

Re: Short Poker Essay: How to get broke, how to get rich
 

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what level husngs would u need to play to make >25k a month consistently?

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i think he tries to grind the $100 HU for 2000 a month and his wife brings in 23k lol

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LOL. Of course I dont make 25K/month at HUSNG. Its more like 4-6K/month. Even still, there are guys like livb who on full tilt prolly make 25K/month. Camel used to also.

Indy

Re: Short Poker Essay: How to get broke, how to get rich
 

Even livb, the current SS leader of total profit this year, has only (lol @ only) made > 25k 5 times this year in 10 months. I wouldn't call that consistent, obviously it's very good, but I don't think anybody consistently makes 25k a month at husngs.

He's also won 120k this month it says. Pretty sick.