re: Poker & Losing Money To Win
I don't play many tournaments with stacks deep enough to be able to justify that, really. I've done something like it at ring games occasionally, but it's rare. The only time I'd find it worth it then is if I have an unknown who sits down at my left - if he's aggressive and I want it confirmed that he's also loose, I might act calling station for one hand, in part paying for information, in part to slow him down on bluffing me from that point on.
But still, I'd have to feel confident that we'd be playing the next 100+ hands together.
And of course, that information that I pay for risk being worthless: He might be advertising as he sits down at the table. But people who advertise as loose and then turn into rocks are fairly obvious most of the time.