Ed Miller, in Card Player magazine column, March 19, 2014 (vol. 27, #6), pp. 41-42.
Winning poker requires high aggression and much risk-taking. You cannot systematically reduce the risk and still play a strong game. It can't be done.
Elite players...play a particularly high-variance style because that's the best, most profitable way to play. If you intentionally try to reduce your variance, you must accept that you will never play well.
Sunday, April 20, 2014
Poker gems, #470
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3 comments:
bullshit. managing ur money (not having more than 3%-5% on the table ever) is far more important than doing what he says. yes that will reduce ur variance (and ur overall win rate) buying in for less, but it will sure keep u from ever going broke, and that alone can greatly improve the quality of ur life in the long run.
AMEN
For some reason, I didn't get an email about Tony's comment, the way I usually do. I just now found it in the folder of comments waiting for moderator approval. Sorry for the delay in getting it posted.
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