Welcome mobsters, if you are reading this blog for the very first time, I thank you for your initial interest. I think that if you give it a little time, you will find something that will peak your interest.
I am a semi-pro poker player and an author. I am currently working on several projects for publication, and will be discussing them on occasion in this blog. If you are a fan then I warn you, from time to time there will be spoiler book ideas discussed.
Section 1: Poker Tips & Concepts
Variance is a very confusing word to most poker players. Unlike the other four letter words which it forces out from between our lips if has eight letters. Variance can however be mad much less painful when it is counteracted with playing volume.
Volume is the true enemy of short term variance. If you want to be effected less by negative variance you need to play a lot more hands of good solid poker play. You cannot play like an idiot and overcome negative variance. You do not do it be playing to many hands pre-flop to increase the number of hands you play. In fact most people who are struggling with negative variance are actually playing to many pre-flop hands, they often refuse to stop chasing loses.
What I mean when I say that you need to play more volume I am referring to the over number of hands played during your poker sessions. The total number of hands played overall will make a huge difference in the level of degree which negative variance hurts you. If you go on a 400 hand downswing due to variance in the middle of a one thousand hand poker session then that could really be seen as a massive downswing. If the same 400 downswing happened in the middle of a ten thousand hand session of poker it would barely even make a blip on a graph.
Consider playing more good "ABC" type "A" game poker to overcome negative variance and stop fixating on short term loses. Over the long haul you will be happier for it.
Until next time
Section 2: "Ronin's Bankroll Management Challenge"
Well this section is going to be familiar to the forum regulars as I have been running this section for awhile in the forums, It is about the single most important skill a poker player must have in their arsenal in order to be a successful winning player.
Bankroll Management has been estimated to be the single most neglected poker skill by almost 95% of all players. Countless books have been written on the subject, and yet most players most often just ignore the rules of proper bankroll management.
I too fall into this trap at times.
This section is intended to show how proper bankroll management can ensure that and good poker player who approaches his bankroll and poker play from a solid and disciplined position can succeed.
It also is intended to help me to remain focus and discipline in my own bankroll quest to succeed.
Update time: The bankroll challenge is now completed. It has been one heck of a roller coaster ride. It is hard to believe but after everything was looked at and all the math done.
I lost a total of just $2.16 USD
I have already been in contact with my friend and stacking partner and we have agreed to do another run together. The new "Bankroll Challenge" is going to begin on May 8th, 2014.
This time things are going to go much better.
The first 60 day bankroll challenge began on Monday January 27th, 2014 and it is now over with a $2.16 USD loss.
Until later mates.
Section 3: The daily rant.
I am getting sick and tired of all these so-called poker pro's who all seem to be losing the damn minds lately. I mean oh my God, what the hell is going thru their minds lately. It is bad enough that every time you turn around one of them is losing millions of dollars at a time, but at least keep in touch with reality and acknowledge that it is a bad thing to lose over a million dollars in a single game.
Most people could live well for an entire life time on what they piss away in a session just to feel a small rush. Somebody tell these guys that going fast down a ski hill can make them feel alive to. Get a damn grip and find better uses for the money. If you are just going to piss away a million dollars at a time why not make some charitable donations and help make the world a better place too.
I'm just saying.
Well until next time, be cool.