How should a Poker Player Think of Money

[Ibanez8185]

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Phil Laak, poker pro, said something along these lines: "to be a pro poker player, one should have no problem burning a 100 dollar bill."


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Mike Caro actually used to do that at the poker table to show people he had no regard for money. Years later he said he should have done it with 20s and save himself some money.

I don't think its ridiculous but poker players need to view money as as way to keep score and nothing else. If its just a way to keep score then it will be easier to make better decisions. If a player keeps thinking "hey if I lose this $100 I could have bought a couple Xbox 360 games instead. Now I've just wasted $100 and nothing to show for it." Thats how a scared weak tight player thinks every time he sits down.