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Originally Posted by poke4fun
How am I acting like a dick?
BR % matters when you are winning, but it doesn’t when you are losing?
Calling that out makes me a dick?
Quote:
Originally Posted by poke4fun
Don't get me wrong, many poker players are non-logical and it's perfectly ok.
This felt incredibly condescending/sarcastic. I can't think of any reason to say this other than to try to piss me off. Let me know if that's not what you meant.
As for my actual criticism of what you were saying...
Quote:
Just think about it. If you have lost 20% of your BR, but somehow you are still playing good, you should still keep playing - according to you.
The same rationale applies if you have 20% of your roll on the table and you are still playing good, why would you stop playing? Worst case, you lose that 20%...which is the same exact BR scenario you would be in with a stop loss, except it's actually less than the 20% of your BR when you sat down.
But somehow you see the two scenarios as logically different.
They are logically different because mathematically (we're ignoring psychological factors) the prior events of losing 5 buyins don't matter at all when considering buying in for the 6th. It doesn't matter that you've lost 20% of your roll today when considering your next buy-in, which represents significantly less than 20% of your remaining roll. Buying in again is the same as starting a new session on a different day.
When you're up there are valid considerations from a risk management perspective when deciding whether or not to stay. Again, the past events of winning don't really matter, except that they led to you having 20% of your roll at risk. It's the same as buying in fresh for 20% of your roll if that were allowed.
Every decision needs to happen in isolation. The factors that matter are how much money you have in your stack/bankroll
right now, not how much you've won or lost already, and the quality/condition of the game you're playing relative to your skill level.