Quote:
Originally Posted by limitdonk1
Still can't believe you once lost in a 100 and played several hours after in a 25 with no chance of getting even. I couldn't do it and I bet most of other people couldn't either.
Sklansky said "life is one long session".
Poker is a lot like Buddhism. It's a long exercise is learning how to let go of the things you really care about. And session results, leaving the casino a "winner", etc., is one of those things you have to let go.
Consider the following two players, who both play 24 hours of poker:
Player 1's session results:
3 hours, win $550
4 hours, win $350
11 hours, lose $900 (continued playing through the night trying to win it back)
6 hours, win $100 (was down $1000 in the session)
Player 2's sesson results:
8 hours, lose $1400
8 hours, win $1900
8 hours, lose $150
Player 2 had a better result, correct? And yet, most players play like player 1. They leave their winning sessions, and stay in their losing sessions trying to get unstuck. That doesn't matter.
You have a winrate, or a loss rate, it's A dollars an hour. (In actuality, of course, it varies depending on game conditions, but I'm simplifying to make the point.) If you play B number of hours, on average, you will win or lose AxB dollars. Of course, you won't win or lose AxB dollars every session, because of variance. But over time, that's what you will win or lose.
Thus, artificially limiting the the length of your sessions when you are winning, or artificially extending their length when you are down, at best has no effect on how much you will win or lose. Over time, you will still win or lose the same amount. It is just that instead of accomplishing that through a mixture of winning sessions of various amounts, losing sessions of various amounts, and break-even sessions, you will do it through a mixture of short winning sessions, long sessions where you lose money and then win some or all of it back, and long sessions where you lose big.
And that's at best. At worst-- well, do we play our best poker at the end of those long losing sessions? Do we make perfect judgments? And further, sometimes, you will be losing in a game because it's not a great game, or maybe it was great when you got to the cardroom but it's terrible now. And, of course, locking up a win sometimes means leaving a great game.