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June 14, 2004A recipe for poker success
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"While one should always study the method of a great artist, one should never imitate his manner. The manner of an artist is essentially individual, the method of an artist is absolutely universal. The first is personality, which no one should copy; the second is perfection, which all should aim at." Well I haven't posted for six days-- I'm not getting lazy, I just haven't had much to say. I've entered the limit grind, where everything that happens seems to have happened before, and your greatest weapon is patience rather than technical skill. I have to lead off today's post with a great comic from The Poker Hermit... take note of the subtleties of the drawing, it's really well done:
He sure plays a mean pinball To make a long story short, I had 5 very nice hit and run sessions, the best of ended in a $400 profit after 31 hands. The worst? Well, the old tilt monster reared its subtle head and I found myself dropping my entire buy in ($750) after ramming and jamming my flush and straight draw in a monster pot. Neither hit, and my play became very fishy before I knew it. The good news is that I threw a rope around the tilt monster and managed to win $500 back playing solid poker at 3 $5-10 tables simultaneously. So my overall win rate at $15-30 over this period ended up being 1.3 BB/100, although I'm still kicking myself over so many wasted big bets playing way below my ability. The little foray into tilt-world showed me that my bankroll is not quite ready to play with the big boys. I'm confident that my game is ready, but it's still hard for me to stomach losing $200 on a single hand. To combat this, I've opened a poker-only bank account, which should help me attach a definite number to my bankroll (I've been keeping track of my sessions, but haven't felt the need to create a separate account up until now). So I'm struggling to build the bankroll through grinding, but I feel strongly that I can beat these games. I guess it's just a test of discipline until I feel I have enough big bets in the bank to make the leap. I'd like to play 3 $5-10s, but the wait lists are so long and the games are so tight that I feel my win rate at $3-6 is probably in the same ballpark, and of course the variance is much lower in these games. Poker and Personality I was happy to discover that the author believes that my personality type (INTJ) is the "optimal" personality for poker. The main point is that introverts have more of a natural tendency for self-examination and self-criticism than extroverts, and this tendency makes them better at poker. While I agree with this to some extent, I think that there are factors other than personality that are far more important to the success of a poker player. Clearly there is some overlap-- but we'll discuss that later. Here is my crack at a recipe of mental ingredients for the successful poker player (in no particular order):
I'm sure I left out plenty, but the above qualities are the most important to being successful in poker, based on my (limited) experience. Is there a certain personality type that encourages these qualities? It's possible, but I'm sure if you looked across the spectrum of poker greats, you'd find a lot of different personalities. Thanks for reading-- may variance be kind. Posted by hdouble at June 14, 2004 06:54 PM | TrackBack Maximize your profits: learn how to use the most powerful tool in online poker. Comments
One of the most difficult aspects of changing limits is absorbing the new level of swings. When you are used to playing at a given level, say 10/20, you get used to the idea of losing $500 on a bad run, $1000 on a bad day and losing $2000 on those really fucking bad days. But when you step up doubling the limits magnifies the losses. Now, instead of $500 being an occasional swing, it is a daily swing. Once in a blue moon losses of $2000 become fairly regular occurances. Add to the fact that variance is super-linear as you go up in limits, and you can see how there is a certain mental adjustment that needs to occur. - Andrew Posted by: Andrew at June 14, 2004 08:22 PMAnother excellent post. I share your 'bankroll' frustration, by the way. I feel that my skill level is ready for a step up, but my bankroll is not - therefore, it's critical to maintain the discipline of the grind until the bankroll reaches the sufficient level for moving up. Patience could be another key ingredient to your poker recipe. 8^) Posted by: Maudie at June 16, 2004 07:10 AMDiscipline is key, young Jedi. May the force be with you. Posted by: Pauly at June 16, 2004 03:00 PMThanks for another great post HD! I'm curious as to the freudian slip in "Thirst for Improvement" though ... her mistakes? Posted by: Habsfanca11 at June 16, 2004 04:06 PMNice post, as usual. What is this about "hit and run" sessions? I've seen people do this, and I've never understood it. If a table is profitable for a short session, isn't it likely to be even MORE profitable for a long one? If you find a good game, stick with it. If you get into a bad one, get the hell out. In addition, the longer you stay at a table, the more profitable it should become if you are a good player (in theory). This is because you will gain more and more information on other players, and have a more and more well-defined table image as time passes. Remember that however you break it up, every 31 hands or every 31 hours, it's still one long session. Posted by: "Chicago" Phil Sandler at June 17, 2004 11:58 AMgood stuff Posted by: faydman at June 17, 2004 01:12 PMPost a comment
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