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First a clear definition
of discipline is needed:
…..persistently act in the direction of a goal regardless
of external adversity or internal state.
Many
associate discipline with pushing yourself hard to achieve a certain goal. But
this is not the way to succeed in the long run with any challenge especially
Bankroll Management. To succeed it is essential to maintain the joy of playing
poker. Discipline in this context is the ability to persistently act in the
direction of a goal regardless of adversity and the emotional state while
keeping in mind that you are doing it because it’s fun.
Why is discipline important in Bankroll
Management?
I think that all poker players have experienced varying degrees of
tilt. With undisciplined behaviour these periods can have dramatic consequences
on your poker bankroll. It is here the mental fight with your inner compulsive
gambler starts…..quite fun when you look at it from above
But very dramatic when you are in the situation.
It is a fact that even the greatest poker players experience periods
with adversity which can set them of track. Discipline lies in the choice to get
back on the bankroll management track and its explicit stated buy-in rules.
Discipline helps you follow through on your best long term intentions no matter
what.
How is discipline developed?
First it is important to make one
point clear – it is possible to become more disciplined with practice. In my
experience the level of discipline will still fluctuate over time depending on
the dedication to the project and the internal state of mind at any specific
time.
I have seen many
views on how to increase the level of discipline but in my experience two
elements are central for tight discipline. The first element and step is setting
a goal which is visionary and high enough for me to feel 100% dedicated to
achieving that goal. In bankroll management this should be followed by
explicitely stating a clear set of rules that will lead you to that goal.
Discipline in the context of bankroll management is about managing and acting
according to these rules. The rules were discussed in the article “Bankroll
Management” and dealed with continuous choice of the right table to
enter.
The second
element that helps is keeping a metaphor in mind during the process – a clear
understanding of the process involved with self-discipline helps keeping the
right direction of my actions. A good metaphor is a field/thicket you will
continuous have to cross. At first it’s a bit difficult to cross because the way
over to the other side is not very clear. But as I keep crossing this
field/thicket a pathway is made and it is easy and obvious which way to go. Discipline in bankroll management is much the same when you
keep making the same choices according to your rules they become obvious – much
like a routine - and you won’t have to think much about the rules or discipline
when the pathway is made.
You could be posting your articles on the
Poker Bankroll Blog. Read all about
it here.
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