I’d like to add a few tidbits that go right along with what Nolan has already covered: The majority of tournament players live “score to score”. They live excessively lavishly when they hit a big score, and are broke the rest of the time.
Most of the tournament players don’t take the time to understand how much each tournament is worth to them. I wrote a column a while ago called, Play Hours Not Results. In it, I explained how growing up I was never concerned with my results on any given day, I was simply concerned with getting 40 hours of “work” in at the tables. I knew that “in the long run” I’d earn $44 for every hour I spent at the tables.
A simple concept, that can be applied to tournaments as well. Example:
In a typical situation like this one, …