Jan. 12th, 2006

peterbirks: (Default)
Bluff wrote in a message here a couple of weeks ago about the Ray Zee principle that you should move up in stakes when things are going well and move back down when they are not. I was instinctively uncomfortable with this theory, but it took me until now to formulate my thoughts coherently.

There is an understandable reason for moving up when things are going well — you have the bankroll to do it. And so for many of the players at the highest stakes, the path to those levels has normally been "do well, move up, get spanked, move back down, do well, move up, get spanked, move back down" and so on, until you get a "do well, move up, do well" sequence.

The other understandable reason for moving up when things are going well is that you are full of confidence. And, if you go into a game thinking that you are going to lose, you are probably doomed. So it makes sense to go into a new game thinking that you can beat it.

there's more, click here )

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