by iceman5 » Wed Jul 20, 2005 5:24 pm
1) I have much more then $10K in my roll
2) Im not short and dont need to build up for it
3) The risk of ruin may be higher than that. I may have underexaggerrated, but since Ive havent lost more than 6 buy ins in over 2 years, I seriously doubt that I will lose 10 buy ins at the exact time that I happen to start this project, but its possible of course.
4) If I lose half the roll, I will cry myself to sleep and then get back up and continue to play $5/$10
5) The backers have nothing to do with tilt control. I dont tilt. I used to tilt like most other players but Ive been playing long enough that Ive learned to control it. I might break something, but my play wont alter. Last month I lost 6 buy ins in the worst streak of bad luck imaginable. I got outdrawn while all in as a monster favorite so many times, that i still cant believe it happened over and over, but I still played well and poured my money in when I was way ahead. Since the streak ended about 30 days ago, Ive had the best 30 day stretch of my career. Ive never played better than Im playing right now. The backers are for nothing more than peace of mind. A crutch if you will. Im making a -EV move here and giving up half of my winnings for peace of mind sake of not having to deal with large down days. A bad losing day will be monetarily similar to when I have a bad day playing $2/$4, but I'll get 30K-50K hands in at the $5/$10 NL game at the same time and I'll know if the game is for me or not.
I already know for a 100% fact that I can crush the $1/$2 games. I will now learn how much i can win in the $5/$10 game. After a couple months, I will know if the risk reward ratio of the bigger game is worth it or not.
iceman5
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