Quote:
Originally Posted by Avaritia
Not necessarily, because of the variable you left out, which is variance. Bolded is not possible, and that directly = more variance.
Look I might not be the best to weigh in but I am pretty sure you should be playing in the game that gives you the highest hourly that you are properly rolled for.
The problem is to be properly rolled for 1k or even 500z if you have that much you probably should be at least considering other investments that will tie up some of that cash.
Poker players in my experience greatly underestimate what it means to be properly rolled. You have to account for the variance in the game and the variance in your spending needs. To often expenses for players rise as fast or faster than their hourly. (This is true of people in general).
For me being properly capitalized to have a family with salary means having one year of liquid cash. That is for zero variance income. Maybe I am overly cautious. I sleep like a rock and have zero financial stress due to it though.
These decisions are personal and each person/situation has its own risks to be weighed.
But my guess is poker players do not consider the value of the future winning enough when making these choices. Running bad at 2k and having to play lower likely hurts you total possible earnings more than most people realize.
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