Do you prefer tournaments or cash games? I like the former. Here’s why: A loss is limited to the buy-ins, possible rebuys and, hopefully, gratuities if one finishes in the money (or just recognizing the hard work of the dealers). I seem to have more patience during tournament play which, in my view, is essential to making it to the money. I can out wait the macho guys, those playing hunches, and “What the hell” callers. For me, that pays off.