Giving to get

The first game I ever loved was chess. I still love it. One of the hardest lessons to learn in chess, and one which I still haven't fully learned, is that many times, you must give in order to get. Indeed, "give to get" is a common chess puzzle hint. Over the last nine years, I've learned that in poker, too, you must give to get. In a poker context, giving to get means that you must have a willingness to take temporary losses when your goal is to achieve long-term gains. This willingness must be unconditional. You must be fully prepared to take these losses, and you must not regret them when they happen.

This is an excerpt from my June 3. 2017 post. Last night, I registered another 0th place in a midnight train. It was the 286th time I've missed the money playing a midnight train. That translates to $57,200,000 in losses. That's the giving end of things. As for the getting end, in the 232 midnight trains where I made the money, my aggregate profit was $92,015,000. Therefore, I've made a net profit of $34,815,000. The lesson? It simply doesn't matter how much you lose, as long as you're getting more than you're giving :-)

style flavor buy_in  entry players entries paid place winnings

MTT   NLHE   174000  26000       6      49   15     -        0

delta: $-200,000
MTT NLHE balance: $42,817,468
2021 balance: $16,995,700
blue distance: $200,000
balance: $94,661,153