If you are a winning player, you should be happy to invest outside money in the game if you can afford it. You will earn more per hour that way. People would not think it is bad to invest money in a mutual fund or something, but for some reason they think it is bad to invest in playing higher limit poker. If you can beat the games, not putting in outside money on principle is just costing you money in the long run. It is costing you more money than you think as well.
Pretend you are playing 2/4 or whatever and earning your 2BB/100 or whatever it is you are beating the game for. You are making 8 bucks an hour, which is good. But if you could play, say, 5/10 or 10/20 and make like 30 or 40 bucks an hour, you are not losing just 22-32 bucks an hour not doing it. You are losing future money for when you would have moved up in limits. Say it takes you 4 months to build up to play 3/6 from 2/4 and then another 3 months to play 5/10 and another 3 months to play 10/20. During that time if you were just playing 10/20 the whole time, you would have moved up to higher limits than 10/20 and be earning even more than 30-40 an hour. So after a year or whatever, you are finally playing 10/20, but the guy who put in some outside money has been playing 50/100 for the past half a year and earning $100 an hour, while you are just starting to earn 30-40. You know?
Of course this is all predicated on the assumption you are a winning player. I have not played with you enough to know if you are or not. I think you cost yourself a lot of money playing too loose and making silly bets and ill-advised bluffs, like I mentioned earlier. I don't know if those keep you from beating the games or not. I suspect they at least keep you from not beating them for as much as you could with a little more discipline and less ego.
Dividing up your bankroll over multiple sites is just silly. You are costing yourself money doing something that has no value.
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Bankroll
Date: 2005-01-03 17:48 (UTC)Pretend you are playing 2/4 or whatever and earning your 2BB/100 or whatever it is you are beating the game for. You are making 8 bucks an hour, which is good. But if you could play, say, 5/10 or 10/20 and make like 30 or 40 bucks an hour, you are not losing just 22-32 bucks an hour not doing it. You are losing future money for when you would have moved up in limits. Say it takes you 4 months to build up to play 3/6 from 2/4 and then another 3 months to play 5/10 and another 3 months to play 10/20. During that time if you were just playing 10/20 the whole time, you would have moved up to higher limits than 10/20 and be earning even more than 30-40 an hour. So after a year or whatever, you are finally playing 10/20, but the guy who put in some outside money has been playing 50/100 for the past half a year and earning $100 an hour, while you are just starting to earn 30-40. You know?
Of course this is all predicated on the assumption you are a winning player. I have not played with you enough to know if you are or not. I think you cost yourself a lot of money playing too loose and making silly bets and ill-advised bluffs, like I mentioned earlier. I don't know if those keep you from beating the games or not. I suspect they at least keep you from not beating them for as much as you could with a little more discipline and less ego.
Dividing up your bankroll over multiple sites is just silly. You are costing yourself money doing something that has no value.