[PrayingMantis]

[ QUOTE ]
Baltostar,
Risk management is borderline irrelevant in MTTs.

[/ QUOTE ]

You are replying to a poster that in a recent thread wrote: "If you don't assign goals to hands, you run the risk of letting a single hand take control of your tournament".

I'm really not interested in the old and rather boring discussion of "ZOMG putting your tourney life on the line!", and of course you should have "goals", or better: "plans" for a hand, but general statements like the above, which baltostar is making again and again and in different ways, are really wrong and misleading, as most of good players know. You cannot, simply cannot, be a significant winner in MTTs if you don't, rather occasionally, "run the risk of letting a single hand take control of your tournament". OF course, strong players know how to pick these hands and spots, bad players don't.

Baltostar's "risk ideas" with regrard to MTTs are much much more relevant to MTT bankroll management than to any specific MTT hand in some random mid-stage spot in a tournament. Taking ideas from trading and artificially implementing them into MTT-poker situations is usually absurd (and again, it's not the first time I'm seeing this phenomenon, which is actually very interesting. "Smart" trading theoreticians who become rather weak-tight poker players, who have tons of "risk management" rationalizations for their play).

Anyway, I wouldn't like balto to stop posting or anything, not at all. If people find his vaguely articulated "ideas" interesting or stimulating, well, great.