Thursday, June 7, 2007

waay back

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Mike Caro at Mike Caro University:


Each time you stray from your best game or spend time in the wrong game, those are hours wasted.

What is "enough" when you treat poker as a business?

Just knowing poker isn't enough; you need to play seriously.

And playing poker seriously isn't enough; you need to play poker ample hours to earn a living.

And playing poker seriously ample hours to earn a living isn't enough; you need to play in the right places.

And playing poker seriously ample hours to earn a living in the right places isn't enough; you need to play at the right times.

And playing poker seriously ample hours to earn a living in the right places at the right times isn't enough; you need to play against the right people.

And playing poker seriously ample hours to earn a living in the right places at the right times against the right people isn't enough; you need to play your best game all the time.

Playing poker seriously ample hours to earn a living in the right places at the right times against the right people and playing your best game all the time is enough - IF you keep records!

BUT

The policy of playing your best game most of the time is the greatest destroyer of bankrolls there is. At higher-limit games, players actually seem to take turns "going on tilt." If you pass your turn quite often, without your opponents realizing it, you'll win the most money. This is known as "Caro's Law of Least Tilt."

I first wrote about this almost 20 years ago. It remains one of the most fundamentally important things you can learn if you want to succeed at poker. You are not likely to succeed if you decide to blatantly take advantage of knowledgeable opponents' super-loose play. If they're taking turns going on tilt, and you come into the game and play perfectly stable, you won't fit in. They will resent you and often they will stop providing you with profit. The trick is to play along and show some fast action, too. Simulate tilt. Make them aware of it. But pass your turn when they don't notice. Among equally skilled players, the one who spends the least time on tilt (or simulating tilt) wins the most money.