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Life On The Edge : What's My Risk Tolerance?

From a statistical viewpoint, when you live on the edge you're flying in the face of a high standard deviation - meaning, much risk. Because of this, you'll have to come to terms with your risk tolerance. How much more of your bankroll are you willing to risk for marginal boosts in earnings?

If you're not comfortable with a higher level of risk, or if you're playing on a short bankroll, you'll be better off minimizing your standard deviation than maximizing your profits.

By avoiding marginal situations requiring you to put additional money into the pot when it's a close call, you can play on a shorter bankroll. Remember: If you're a winning player, you'll eventually win just as much money - it will just take more hours at the table.

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