Re: How much to buy in for in NLHE?
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Many books suggest that you should buy in for the maximum so that if you get a chance to break a big stack at the table you won't be short-stacked against him.
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This sounds plausible, but it ignores how frequently you are the one with the second best hand. When you are involved in a straightflush versus quads confrontation, half of the time you have the quads, and are thankful you didn't lose more money. Most of those books assume you'll always be the one with the straightflush.
Your stack size changes the nature of the game. It's possible that you could be a winner with a short stack, a loser with a medium stack, and a winner with a very big stack.
Since I can't take money off the table, I usually buy in for the minimum. If I feel it would be more profitable to have more money, I add it.
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