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Old 08-05-2005, 07:33 PM
smarterthanyoda smarterthanyoda is offline
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Join Date: Feb 2005
Posts: 8
Default Re: Thank you for the truth

He was also up-front that he did not manage him money well outside of poker. I think he mentioned Mimi Tran has never gone broke. I've also heard this about other pros (Bobby Baldwin?).

I'm not saying that a skilled player can't have brutal downswings that can cripple his bankroll, just that many skilled players that go broke have money-management issues outside of poker.

People tend to go to extremes. Either poker is gambling and anybody's one bad beat away from the gutter or poker is pure skill and a good player has zero RoR. The truth is somewhere in between. A good player with good money management skills can be a consistent winner with little risk of going broke, but you can always lose a lot more to your vices than you can win at the table.
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