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BR, friends, risk vs reward

By: cracker9ball
Published: Jul 3rd, 2012
Sunday I cashed in 5 out of 27 MTTs and 0-2 in satellites. Overall it was a decent day but I still have a few things I need to work on and plan on doing just that. As most of y'all know from following the blog I deposited $200 on Carbon May 12, 2012 and started trying to build a roll. I got lucky and binked a 3rd place my first night back which got me going. I have since been playing as much as I can and have been through many ups and downs in the almost three months I been back.

I am currently at a point with my BR where I can comfortably play low stakes and I can add in a few mid-stakes. One of the problems I am trying to work through now is that my BR is right on the line with being able to afford some of the mid-stakes MTTs so it comes down to a judgement call and I have been taking the shots a little to often and adding variance and risk to my day. I don't think this is a very big leak but it is a leak and I need to figure out a way to tone it down just a bit. With the smaller fields and smaller guarantees we are currently able to play in the USA it takes some adjusting to and I sometimes find a hard time being okay with playing all the $22 2k and 3ks but avoiding a $33 7.5k. I think I will take a deeper look at my schedule and see if I can justify adding in one or two MTTs a day barely outside my roll that have lots of value. I definitely need a plan though because right now I am giving in to often and I believe strict BRM is important so I want to stop giving in.

I had a great chat with a friend/student today, Monday, and it was awesome hearing his thoughts on my play. I was also able to answer a few questions about playing or avoiding spots that are correct but close. He was curious if I a player with a small edge on the field should avoid some spots and take a lower variance route. Basically I answered yes and no. If the spot if +EV it is exactly that and should not be avoided, but there is definitely times where you can factor in ICM and strength of the field to avoid a spot or two that has to much risk and not enough reward. All in all it was a good poker discussion and I think we both enjoyed it.

If anyone is interested in lessons or has any questions email me at variance101@gmail.com

LONG LIVE ONLINE POKER!

    Comments

    1. I got a feeling you gonna bink something big this month, best of luck on your poker journey man and ty for your very insightful blogs, glgl.
    2. Thanks alot for the comment Alun
       
    3. GL mate.

      I frequently get into debates regarding +chip EV spots that are high variance and the conclusion always changes; there are too many intangibles to consider.
       
    4.  
      Originally Posted by pocketts

      GL mate.

      I frequently get into debates regarding +chip EV spots that are high variance and the conclusion always changes; there are too many intangibles to consider.

      Yea I agree its brutal but the more we study the better we get. GL
       
     
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