 Tight is right... sorta
MTT the better play is tight. The fewer hands with higher pay offs the better. Also in MTT you should not be afraid to get it all in when you are sure you are ahead. Make the drawing monkeys pay.
Ring games come down to table and feel. I am much much looser in ring play than in MTT play. Even more so when I am in a limit game as opposed to a NL game. With ring games, ideally, you do not have the finality of losing your entire stake in one hand like a tournament.
that is just my thoughts though
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