On Competition and Money

Apr 24, 2006 19:02


Work has kept me far away from poker for at least three weeks. I've certainly missed it. Catching up on everything back in the poker world reminds me so much of how crazy the people are about money.

In particular, I was quickly reminded upon reentry into the poker world of the strange group of recreational players I find in most of the online games, in many casinos, and sometimes even in the clubs of NYC. These are recreational players who usually take poker as this grand competition - the ultimate measuring stick of their manhood. They amaze me, these folks. The most intriguing aspect of their approach to the game is how they react to losses. When they lose, some of them often try hard to convince anyone who'll listen that they don't need to win. They flash their fancy watches; they say they are “rich already” and just want to “blow off some steam” playing some poker. This is often moments after saying how much they enjoy the competition and beating their fellow man in a competition of wits and psychological manipulation. They protest too much, methinks.

Of course, there's a part of me that's just another one of these recreational players. I don't want to dismiss that maybe I'm not all that different. How much of my poker play is a need for some competition? Do I discount that when I lose? How much am I like them?

I believe that these are central questions of success and self-improvement. Poker is a controlled universe that one can use to build character and reach for success. I watch these other recreational players oscillate between that desire for excellence and the pretension that they are “are gamblers who can afford it”.

I think W.D.'s attitude about this is the best. He said to me recently: I may have to come to terms with the fact I don't have the desire to make the time investment it would require to be a winning player. This was by far the healthiest recreational player attitude I've heard. So many people fight with themselves - trying to pick between admitting their game has limits (in the skill sense) and telling themselves that this is just for fun and doesn't matter. It's hard to find thinking that is clear, balanced, and honest. What I like about W.D.'s attitude is that he admits he has limitations and realizes that he may not have the time available, due to other more important commitments, to devote to the study.

You see, anyone of above average intelligence can excel at poker. But, the time investment, study and patience are too much for some people. Excuses are easier. The key, however, is to be honest and self-aware about those excuses. If you don't want to invest the time, admit that you are gambling a little bit because you don't have the time. You don't have to oscillate; just settle somewhere in the middle and admit that's where you are.

When I'm faced with the question of “should I play now that I'm too busy with other things to focus on my game?” - as I was the past few weeks - I simply don't play. It's something I thought carefully about over the past few weeks when I would think about the fact that I'd chosen not to play. I saw that I had two choices, given the constraints on my ability to focus adequately: (a) don't play or (b) play for lower stakes, so the losses I would inevitably suffer would be minimal.

I didn't chose (b) because I don't actually believe there are any stakes in the world that are meaningless. As I've said before, I believe only somewhat in the relative value of wealth. $10 may not have much meaning to middle class people, but I know that there are people for whom $10 is a large amount of money. How arrogant would it be for me to throw that money away playing $.25/$.50 limit or $0.10/$0.20 NL/PL, when I could donate it to someone whom I knew really needed it?

I don't deny that I play some for the competition and for the fun (after all, I indeed love the game of poker). However, I can never afford to play anything less than my best game - no matter what the limit. If I play poker and am not playing my best game, I am throwing away money that has a better use, no matter what the stakes. If I must feed that competitive demon at such moments, then it must be done with a game that isn't played for money (even if it makes the game “less real” - more on that later).

bankroll, meta-game, psychology

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