Quote:
Originally Posted by Mason Malmuth
Hi Yeodan:
Poker is a game that has a large short-term luck factor or variance. If you're in a bankroll building phase, you may want to do some things that will reduce the variance a lot but your win rate a little. AN obvious example is to play a little tighter than what you think is correct or to perhaps call instead of raising when it is a close decision but you think that raising is the slightly better play.
Best wishes,
Mason
Hey Mason, thanks for the reply.
My fear is mostly in between games, making it harder to plan the next game or actually go to the next game.
Once at the table this mostly goes away and I don't adjust my play because of it.
I don't do any of the things described in your article.
I probably do sacrifice some EV to reduce variance, the main reason being to protect my bankroll.
I now sit down with €200 at a table, while sitting down with €1000 would be hugely +EV, but my risk of ruin would skyrocket.
I also get up early when I'm winning a significant amount, again to build my bankroll.
I now have around a €7000 bankroll, playing 1/1 mostly with a €200 BI.
I do believe this fear will go away when my bankroll grows large enough.
I'm aiming for a 15k poker bankroll and a 20k life roll atm.
Once I start playing 2/4 I'd prefer a 20k bankroll.
This is for live games.