The closest thing that I can compare the star system to is counting cards in blackjack. Is it poor money management for the card counters to bet 10 unit on a hand when the true count is highly in their favor, and only bet 1 unit on a hand when the true count is against them? I don't think so.
To me, some plays are invariably stronger than others. While a 1* play is still worth playing, I do not expect it cover as often as a 2 or 3 unit play. The cure is either to rank plays, or be extremely selective, and only play the creme de la creme of plays (the ones that I would consider a 2* or 3* play). If you are going to play all plays for the same amount, the latter method is necessary, but to say the star system is poor money management borders on stupidity.
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