Buy-in and acceptable session loss

ChipWrecked · #1 01-20-2004, 01:40 PM

There is a thread in the B&M forum that touches on how many big bets players buy in for. It reminded me of Annie Duke's 30BB rule, i.e. if you are down 30 big bets in a game, it's time to find another game because you are rapidly becoming the fish at this table. Does anybody follow this rule or something similar?

OrangeHeat · #2 01-20-2004, 01:45 PM

Nope.

Stop losses are a bad idea. If the game is very loose and aggressive big swings are more likely. Big potential for money and big potential for swings.

Why leave -30 when you might have the possibility of leaving an hour later +30.

The only time to leave is when you know your not a favorite.

Orange

Feed the fish, pet the fish, love the fish, DON'T be the fish.

nofunatall · #3 01-20-2004, 01:58 PM

I agree with the above. If you are a favorite at the table stay, if not leave. Simple really.

FredJones888 · #4 01-20-2004, 02:46 PM

yeah, if you are losing your ass you should just assume you are the favorite and keep playing until you are broke. LOL!

CrackerZack · #5 01-20-2004, 02:52 PM

The point of annie's article isn't a stop loss. It's focused on the fact that most of us aren't really good enough to realize we're a favorite or not.

When I sit down at a game and play for a while, 90% of the time I think I'm the best player at the table. I'd say 80% of the time I'm probably wrong and don't realize it. I'd bet this is true of almost everyone on this forum.

OrangeHeat · #6 01-20-2004, 02:58 PM

I didn't see the article. But would agree that almost everyone overrates their abilities.

I can see using a certain point to re-evaluate "your perceptions" about the table.

But I still say if you are sure your a favorite..i.e there are three guys cold-calling with any two every other hand than a stop loss is -ev.

Orange

FredJones888 · #7 01-20-2004, 02:58 PM

The absolute worst thing you can do is to stay until 3 a.m. trying to get even. There is not a single expert that advocates that.

ChipWrecked · #8 01-20-2004, 03:09 PM

The article is at UB. I found it while reading her O/8 stuff there.

FredJones888 · #9 01-20-2004, 03:14 PM

I read that same article and started following it, and I believe it has saved me a couple of times.

nofunatall · #10 01-20-2004, 03:26 PM

You don't have to be the best player at your table. By paying attention to the game and your opponents, whether you are in or not, should let you know if you are favored. No one just walks in and sits down and knows they are a favorite, you gotta take each table as it comes.

And yes, sitting there and losing all of your money isn't a good thing, but if you are at a table and know you are getting outplayed, wrong table, but if after observing your opponents, and knowing that you are one of the better players, why leave, because if you play smart, you shouldn't get 30BB's down to begin with. You should have long left that table in search of one you can beat.