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vinay_suchede

The Lazy Nit.

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I would consider my biggest leak in poker or life is my laziness. I am just too lazy. I had so many opportunities to put in a session last week but ended up playing only on Saturday and yesterday i.e Monday (which cannot be counted in the previous week). I have promised myself to put in a few good sessions this week along with some 6max cash on the side. I played both (6max and MTT) on Monday actually. 6max will be also to try and luck into the billion hand promo going on Stars. I never catch them. Lol-Sigh!

Another debatable leak (many of my poker buddies say) is my extremely conservative bank roll management (BRM) online. I have no roll live as of now. I was in a staking arrangement from PGT Feb to PGT May. The APT May series and recent PGT July, I played on my own from my cut of the winnings of the main event win in Feb (had to sell some action in fact for recent PGT July). I am not doing any BRM for live tournaments. I have just taken shots every now and then, cashing out from Stars or whenever I made some money in small cash games. The plan ahead for live tourneys is to do the same. I will be taking shots whenever I can. That’s one of the reasons for my opposition to the change in standard payout structures (10% with top 3 heavy) in Goa tournaments. If I bink one tournament, I don’t want to be making just 10 odd buy-ins. Please note it is “one of the reasons” specific to my profile kind of player (an amateur with poker not part of income). Changes to pay-out structure from the standard are actually just bad for everyone. I will refrain from elaborating here.

Anyway coming back to my online BRM, I have around 1100$ in my account as of now (up from the 400$ that I had at the start of PGMP). Currently at 1100$, my MTT’s buy-ins are restricted to 6$ (Average buy-in ABI at around 3$) and my 6max buy-ins are restricted to 12.5$ (at 250bb). Multi-tabling at 4 tables it comes to 50$. To many of you, this would be just too conservative (or shocking. lol. ref: Jethwani bhai). Yes, I am a BRM nit and maybe I need to loosen up slightly (I will not however, next jump may come when I reach 2K). Combined with my laziness it’s a long road ahead to meaningful monies. Most of the players I have met however are at the opposite end of the spectrum from me BRM-wise. IMO, players are way too loose with BRM. For every player who has run it up on a good wave, there will be numerous untold stories of players busting their rolls. One should also note, the higher you go, the less +EV you are and more variance affects you. If you play with shallow BR’s, variance will also tilt you and you will add another leak to your game.

Posted below are sample of hands which happened within "just a couple of hours" yesterday. The K9o > 99 happened to bust me close to the bubble (75th with 63 getting paid).

http://www.boomplayer.com/en/poker-hands/Boom/449055_76013B88C3
http://www.boomplayer.com/en/poker-hands/Boom/449077_19C723534C
http://www.boomplayer.com/en/poker-hands/Boom/449080_52AA8C82BA
http://www.boomplayer.com/en/poker-hands/Boom/449086_42553AE984
http://www.boomplayer.com/en/poker-hands/Boom/449372_1E9F0F6785

I have run into many such bad stretches in MTT’s as well as 6max. It really does not affect me much as these stretches are nothing more than pin pricks to my BR. This is how it should be in my opinion. Losing a few sessions of poker should not affect us. Ideal way to insulate oneself would be to have deeper rolls.

Till next week then..

Cheers!!

Updated 08-14-2012 at 05:55 PM by vinay_suchede

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Comments

  1. vinay_suchede's Avatar
    Sorry for the HTML thing. Thought it would come up as a link. Anyway, one can see the hands by cut-pasting in your browser address bar. These are in Pokerstars Boom hand re-player.

    Edit: removed it. but not able to do clickable links. Will incorp once I learn how to.
    Updated 08-14-2012 at 05:56 PM by vinay_suchede
  2. SuicideSpree's Avatar
    Your BRM is way too nitty-- so nitty that it verges on being absurd and might possibly be hiding a "fear of winning" or moving out of comfort zones. Also, this is coming from someone who plays MTTs keeping 750/1000 Average Buyins in my account and understands at least to some degree how much variance MTT poker can have.

    I really think you should challenge yourself a bit in terms of BRM. I think it might help deal with your fancy play or button clicking that may take over at various points by making you care more.
  3. vinay_suchede's Avatar
    lol.. Knew the above was coming .. Anyway, don't think it affects my game much as I play it very competitively and try to play my best every time (except when I went on auto-pilot last time in Goa on Sunday).. But I guess it is a problem motivation-wise (and thus maybe the laziness to play) .. What would your recommendation be at this BR? (limits at MTT's, 180-mans and 6max)
  4. Jagdeep's Avatar
    I consider it a very personal decision- Moving up the stakes maybe a +EV decision but it also leads to bigger swings and higher stress levels!... There is no absolute answer to this trade-off of between "stress and EV". Imo, just because some people are ok with more stress and hence higher EV does not mean it will suit ur lifestyle too...
  5. SuicideSpree's Avatar
    A few thoughts-

    1. "Personal decision" is a bit of a cop-out for me. What Jagdeep says is true, but ultimately unless you are willing and prepared to deal with stress/swings etc or otherwise manage your emotions, there is no future in poker. Have to adjust your lifestyle/emotional cycles or just not play poker seriously. If you play poker seriously there is no way around this issue.

    2. No kidding Vinay! Any amount you could win online is trivial compared to even live tourneys you play, no question you feel lazy. For the moment you should move your ABI up to 7 or 8 and play at least up to $15/16 tourneys. Move down again if you drop below $500. Also stop cashing out unless you actually need the money.