Quote Originally Posted by djbruxism
I only brought 5 buyins to the casino, and i'm down to my last one.
So you are playing scared poker!!!

Quote Originally Posted by djbruxism
It can also work in reverse. end of a sit and go, and I'm clearly outclassed. Let's say Phil Ivey is sitting opposite me. I've got 2 choices. Slowly but surely bleed all of my chips to a better player than me. Or (and this is the move i would make) All In on every single hand, without looking at my cards. Phil's gotta call sooner or later, and unless i get really unlucky and he gets dealt pockets aces, he's probably got to call with anything decent (low pockets, Ax broadways etc) Against a random hand like that, i'm probably 30% to win.
At the end of a sit&go you use ICM to convert you chip EV into $EV and work out whether to shove/call/fold based on opps likely calling/shoving range and the $EV. Do that and you don't bleed anything away.