What do you think is the biggest leak in a player's cash game that, if corrected, could increase their win rate?
I'll start:
Leak: Not understanding the dynamics of multiway pots (which happen a lot in cash games). For example, understand that your premium pocket pair does much better heads-up than it does multiway.
Fix: Your game will improve as you improve your reading of the board and getting better at letting go of a hand that was great preflop but is losing its value as the hand progresses. Don't just focus on your pair of Aces. Look at the board texture. You may still have that same top pair after the turn, but if the board has straight and or flush possibilities (that don't help your hand), and there are multiple players in pot, and they are eager to keep putting their money in, you probably don't have the best hand.
The biggest leak in a Cash Game player is the psychological side and the mindset. Because many times a player will have a very solid theoretical foundation but it will be poor on self knowledge and self understand, thus it will commit several mistakes. On the other hand, a player that is not so good on poker theory but has more control over itself it will be more profitable on the long term.
A Cash Gamer must learn that we are not playing to prove anything to anyone. We do not pay to see, we are not trying to be better than others, we are trying to be profitable. We think as we are an enterprise and run it accordingly. We do not want to play against regulars most of times to prove we are better than them. We want to play against recreational players, because it will increase our winrate.
A good cash gamer will know when to begin and when to stop. We do not stop playing because we are winning a lot of buy-ins and we do not stop playing because we have lost 4, 5, 6 buy-ins, this is why we have a
bankroll: we stop playing when we are not focused, when we are bored and specially when we are tired. We do not wait to get nervour on some street because our
equity didn't hit the board, we don't need to get nervour because we opened KK and once more came an Ace into the flop. We quit the tables when we feel the first signs of exausthion.
We aren't, by any means, being disrespectful to our opponents and we are not going to respect our opponents more than they deserve to be respected: we are going to analytical, look at them and try to make the best decision based on facts. First of all, we are going to respect our own work, our discipline, why we are playing. Once we respect ourselves we start to respect our opponents, without making the mistake of either respecting too much or respecting too low.