Dang, you are harsh! Truthful but harsh.
Originally Posted by BelgoSuisse
Sometimes it's better to be brutally honest.
Most people are losers at this game. And that includes very intelligent people who don't dedicate enough time and energy to the game and very dedicated people who just don't have the type of intelligence that fits the game.
Being positive and encouraging is not really helpful if it encourages people to think that their losses are just a bad run or a problem of BRM, so that they end up depositing over and over, sometimes beyond their means.
True. Harshly true.
Bankroll management only helps winning players ride out downswings. It doesn't do much for losing players.
Not everyone has the chops to play poker successfully in the long run. Anyone can go on a lucky streak. Anyone can read and blog and experiment with ways to get better, and that will increase the likelihood of becoming an adequate player. Few even manage to break even.
OPR is not the best authority, but so far as tournament play goes, it looks as though only the top 15% of players are in the black. Not all of them, even. So 85% of all the players lose
money playing tournaments. OPR does not include cash games or live play, so there is no way of knowing whether some of these people are playing tourneys for fun and killing the cash games.
Take me, for instance.
Right now, I'm in the top 2% on FT for 2009 only because of a nice win back in January. I'm not doing so well otherwise. BRM helps limit my losses. I play much better than I used to, but I am not truly competitive with higher limit (excellent) players. I can only do consistently well at low limits. I think it has to do with me, and my valuation of money, and my innate financial conservativism. It must be someti=hing like that holding me back, because, god knows, I study hard, and think a lot, and I am pretty smart. So, unless I change the sort of person I am, I think am unlikely to move up much further. While Ferguson zipped from $1000 to $10000 in a month or so, I can't seem to move up. I go up a bit, down a bit, stuck
right about there. Whenever I try to move up, I start losing and have to move down again. I build up again, move up, lose, move down. Months of this. So I need to consider that, unlike Ferguson, I may not have what it takes to be successful beyond this level. I don't suck. I have a level where I can succeed. But, as hard as I try, I seem to be stuck.
Learning the basic poker skills can help you beat the lower levels of online play. But you do have to improve dramatically to play at higher levels, and not everyone has what it takes to do that.
There is a concept in business called the Peter Principle. It has to do with people getting promoted to the level of their incompetence.
The good thing about poker is that one can move back down to a level where one is competent. Or simply lose at the higher level.
Best of luck in your personal BR challenge. I hope your Peter Principle level is higher than mine seems to be.