Here are two player graphs: Bob could do one simple thing to have Jim's graph. What is it? Here are two more graphs. Same question: Did you guess it? The answer in both cases is that each set of graphs comes from the same person. The one on the top is unfiltered, and the one on the bottom is restricted to a lower max buyin. I Sharkscope about 20 new players per week, and see this pattern in the majority of players I look at. It's by no means a negative reflection on the player. As you go up in buyin, no matter how good you are, your skill edge relative to your opponents will tend to decrease. This will make for less consistent results. At some point, overall profit will also usually begin to decrease. This graph phenomenon is part of a broader idea. In the awesome Market Wizards series, Jack Schwager places heavy emphasis on one quote. “Do more of what works, … [Read More...]
Humans are naturally short-termist in their outlook. We find it impossible to truly comprehend the long term. If you play poker long enough you will experience upswings and downswings as big as 40buyins in No Limit cash games. Naturally you will assume you are the best player to have ever lived when on your upswing and you will honestly not think you are a profitable player in the depths of your downswing. The key to overcoming all of this is proper bankroll management and a logically sound long term consistent way of playing.- Luke “Desultory” Hatfield
Collin Moshman graduated from Caltech in 2003 with a degree in theoretical math prior to becoming a professional online sit 'n go player. He is the author of best-selling poker strategy books Sit 'n Go Strategy,
Heads-Up No-Limit Hold 'em, and The Math of Hold'em. Collin is also the lead SNG coach for CardRunners. He lives in Las Vegas with his wife Katie and dog Wilbur.