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 Originally Posted by minSim
Originally Posted by nutsinho
Most Pros use the "Martingale" betting strategy to take all the maney.
Nuts, when we're moving down in/after a downswing, aren't we using some sort of reverse martingale strategy?
I've had it twice now that I'm having a downswing, move down and hit an upswing. Money wise, that's not a great thing, so it left me thinking about it. I'm probably staying at the lower level until my upswing is over and might wait until I've hit a decent downswing.
No and No.
To Martingale, you double your bet when you lose, so if you win the next you've covered your loses. Don't think that's really applicable to poker.
You're thinking that luck streaks are predictable, which they're not. If you KNEW you were going to get lucky you should have moved up to a stake where you're underrolled to maximize earnings. It's like the people now wondering if they should diversify they're portfolio. Fuck no, your stock isn't worth shit, keep it and wait for the upswing.
BR management means you've covered for WHATEVER happens. If you're worried about moving down build a bigger roll before moving up next time.
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