I have used that same strategy on roulette...and lost my ass. You have to be ready to risk thousands sometimes to play that way.

The biggest lesson this thread can teach is what Les said...never, never, never move up thinking you will win some back. I have made that mistake myself moving up to the worst place in the world to play poker...the 1/2 tables at party. Only, when I did it, I lost and bought right back in. Did I drop down when I bought back in? Nope, I stayed at the 1/2 tables and played with a determined sense of vengeance to "win some back". Did I? No. Did I buy back in yet again? Yes. Did I repeat the same events as described above AGAIN? Yep.

Then I found FTR and realized the wonders of BR management.