Write about Poker. Read about Life. Welcome to PokerWonks.com.
Are You Experienced? Probability and People=Poker P+P=P
Limit is about value betting and NLH is about trapping.You spell limit poker t.i.m.e. You can't spell anything in NLH! You gotta do the math---the heavy lifting of pot odds, implied odds, counting your outs.
In No Limit Holdem, things don't even out with time, they even out with the number of hands you play. Sometimes nothing can be a good hand. See my
Post on Zero Gravity Thinking.Holdem is a game of high cards, and kickers, In Limit Holdem, the number of players increases, so big cards must be played most of the time. NLH is like chess; Limit, like checkers: so don't play it like cheese! Find the holes and leaks in your limit game, and plug them up.

Hand selection is very important since almost all the time you are going to a showdown---the one with the best hand usually wins; and bluffing is a rather hard thing to pull off, since it only costs one small bet for Deputy Barney Fife to "keep you honest". Nevertheless,You can bet or raise with ATC, any two cards, but your call MUST have a positive matamatical expectation. Calling for value must outweigh the risks you are taking.
INS and OUTS
For the beginner, everything is even money, when you don't know any better. Replacing that with true odds is the goal. There is one goal and many pathways. There is the psycho path way, playing like a Kramer maniac.---the push and pray NLH way, hoping to hit the flop big. There is the rocky road, playing a tight-is-right, the Jerry game of counting your outs---the number of unseen cards that will give you the best hand---the NUTS!
There is wise and there is otherwise. Generally speaking if the FLOP gives you 10 or more outs---go all the way to the river, regardless of the number of opponents in the pot.
If your draws have less than 9 outs 2 handed, that will yield you a negative result more often than not.
A Multi-handed raised pot with six or more outs =profit.
LET THERE BE FLOP- Getting in touch with your inner George Costanza
If a guy has 20k behind him, and you are first to act and bet 6K. He is really betting 20K if he calls your 6K.(the implied turn and river bets) You bet 6K. he bets 20K That is the threat of NLH, the all-in threat. PUT THE COMMITMENT ON HIM.

The Poker Free Lunch
I can read minds. I know what players are thinking after they miss the flop--"Don't bet" Don't bet" They want a free card. I know both sides because I am both sides.
What is deeply personal in poker is universal. If I am capable of thinking it, so are my opponents. That's feeling the fear and doing it anyway---like
The Opposite Episode in Seinfeld. "If I raise everyone will think I have an ACE. So you get 72 and raise with squadush. After all, you don't get a second chance to make a FALSE impression. You may win the pot outright, or take it away on the turn if there hand doesn't improve.
Your attitude will determine your altitude in NLH.
We are born broke, and we die broke, everything in the middle is fluctuation.
"Getting broke" and "Going Broke" are two different things. Getting broke is when you place burns down and you become houseless, you, the franchise can still go out and buy or build another house. Going broke is setting yourself on fire---you are homeless, a lifestyle of disenfranchisement.
SHIFT Happens
Knowledge isn't power---applied knowledge is. Luck isn't power either, but applied luck is the most powerful element in NLH: here's what I mean; Focus on decisions not consequences. Luck has consequences. Focus on decisions, not luck. What you think of me is none of my business, and what luck thinks of me at any particular time, is none of my business.
Luck Positive (Winning) and Luck Negative (gad beats) are OVERHEAD; Chips, the cost of doing business!
Think about good decisions, not results. It's about the process not pots won---the chips will come. Do what you love and the money will follow--have a love affair with making sound decisions based on partial information. It is, after all, about excelling, not winning or losing a particular hand.
It is a poor workman who blames his tools--I don't have a big enough bankroll--A BR is your toolbox. Don't sell your tools. Poker happens in the mind--but it is played with money. I got $1,000 bucks worth of chips and $100,000 worth of courage.
Folding-the invisable way to win.The best way to win more is to fold more! Hand selection is really something to consider; so is position. Playing too many starting hands is the How Not to Do It way..When it is raised in front of you-Your mantra should be "I'm looking for a way to fold this AJ offsuit.
LOOSE playing---you are looking for reasons to call; TIGHT, to fold---choose your posion.
CHIPS, they comes from weakness: exploit opponent weakness to play ATC, any two cards, who come here to gamble mentality.
CP, calling pattern, BP, betting patterns. Pay attention to these hints. Sit to the LEFT of loose players. When you have a monster let lefty bet out. Players who just sit down are easier to bluff and less likely to play weak hands.
Read Full Poker Blog Post
You can always tell poker players, but you can’t tell them much.
Poker is not a game of cards played with money—It is a game of money played with cards. It is about M-O-N-E-Y., but not always about just money, it’s about winning too .
Players enjoy the risk associated with winning. There are two ways to do that: Win a pot to showdown with the best hand, or bluff with the worst. If you never get called, you can never lose!
Poker Without Cards-Bluffing
Bluffing is a big part of NLH since most players miss the flop 33% of the time.IN NLH there are 4 opportunities to bluff, 1 pre and 3 post flop. LOOSE players are looking for reasons to CALL; TIGHT, to FOLD.
You aren't a bad poker player if you get caught bluffing sometimes or most of the time. You only have to win a fraction of the time to net a profit. Sklansky's (game)Theory of poker points out that you cannot play optimally unless you include bluffing into your game.
Every bet or raise can be a bluff, and you can beat a bluff with a mediocre hand. The only way to compensate for the bluffs of your opponents is to bluff them back!
You don' t get what you deserve in poker, you get what you negotiate--Bluffing is the quintessential Negotiator. If you are going to be a winning player, you have to include bluffing in your game.
The more your bluffs matters, the harder they are to pull off because they are, after all, bluffs. It is, however, impossible to defend against a solid bluffing strategy. Reality is perception, and appearance reality.
Sell Don't Tell-ABC "Always Be Closing".

Tells can give you a competitive advatage. HINTS or suggestions are better ways to describe the leaks in opponents (and your) game.-The universal hint in poker is called betting—jamming the pot when you have the best of it, and punishing opponents for their draws.
Betting is the language of poker; the more money behind your bet, the louder your voice! This kind of game is
The safe sex of poker-without the deceit, the seduction, the bluffing-is like wearing a condom. And you know how that feels.
The sex of poker is bluffing, getting something for nothing-Poker is, after all, anything you can get away with. In the real world, If your wife is cheating on you---you don't want to believe it.(Truth bias). So she bluffs you and gets away with it but then...one day her own Fear of being caught---detection apprehension---will be the non verbal (TELL) communication that speaks to your subconscious and allows you to divorce her! That is, if your left brain gets good at telling your right brain what to do.
Misleading Vividness-Learn The Lines
Bluffing is giving yourself permission to win, even if you do not have the best of it. When you show up to a game, you have to be script driven, and the lines are simple--I am going to win, NOT I should win , NOT I deserve to win. If you can pull off a feeling of acceptance, not even belief, you will have a reasonable amount of success in your bluffs. Be misleading not confusing in your bluffs.
Use position, psychology and bluffing to tip the scales. One thing for sure-POSITION makes every bluff easier. What is your RRR, your risk reward ratio? What are the CP's, calling patterns of your opponents? What are their BP's, betting patterns? The bluffing quest is in these questions.
You don't get a second chance to make a first impression on any given hand. Commit to a hand, and the prosperous termination of desired events--scooping up the pot. Bluffing really means I am against something but appear to be for it. Creating a false impression, disguising the "truth" is easier said than done. Overcompensating in either direction usually occurs---that's a bad bluff. Manipulating how confident you appear, a person who is bluffing will almost always overcompensate 100%, to convince or convey.
Body Languaging
The visable sign of your inner state is Body Language. The air is thick with non-verbal communication. Performance gestures- A bluff will either be performed or unconscious. The modesty lie is a good example of an unconscious bluff---when you win a big pot, or send someone home broke, that is the one lie that most of us can pull off with no regret ---playing small when we want to get up and scream, ,"Yea baby".
WYSIWYGTo be a great liar/bluffer , people around you have got to want to believe you. It is much easier in the real world because there is TMI, too much information in our daily lives so—we pull back and tend to accept everything at face value, calling a spade a spade,
WYSIWYG, What you see is what you get.
In poker it is all about survival, so there is no filtering out the bad for the good. You want to be informed. There is such social pressure to handle the truth, to tell the truth, or even to be tactful, but when we bluff, we must go through a whole series of mental effort and consideration. It is natural to tell the truth, and unnatural not to.
First you have to come up with the correct response---the truth; Next,you have to figure out how to quash that response; Finally, you have to come up with the lie response. It is not only hard to do, it is hard to sustain. Don't do anything out of the ordinary. Don't freeze up. Don't talk, unless you think it will influence a fold. Remember, bluffing is never impossible.
Here are some good bluffs-By Sammy Farha and Chris Moneymaker
bluffing Game Theory Poker No limit holdem behavioral finance Truth bias
Read Full Poker Blog Post
You can always tell poker players, but you can’t tell them much.
Poker is not a game of cards played with money—It is a game of money played with cards. It is about M-O-N-E-Y., but not always about just money, it’s about winning too .
Players enjoy the risk associated with winning. There are two ways to do that: Win a pot to showdown with the best hand, or bluff with the worst. If you never get called, you can never lose!
Poker Without Cards-Bluffing
Bluffing is a big part of NLH since most players miss the flop 33% of the time.IN NLH there are 4 opportunities to bluff, 1 pre and 3 post flop. LOOSE players are looking for reasons to CALL; TIGHT, to FOLD.
You aren't a bad poker player if you get caught bluffing sometimes or most of the time. You only have to win a fraction of the time to net a profit. Sklansky's (game)Theory of poker points out that you cannot play optimally unless you include bluffing into your game.
Every bet or raise can be a bluff, and you can beat a bluff with a mediocre hand. The only way to compensate for the bluffs of your opponents is to bluff them back!
You don' t get what you deserve in poker, you get what you negotiate--Bluffing is the quintessential Negotiator. If you are going to be a winning player, you have to include bluffing in your game.
The more your bluffs matters, the harder they are to pull off because they are, after all, bluffs. It is, however, impossible to defend against a solid bluffing strategy. Reality is perception, and appearance reality.
Sell Don't Tell-ABC "Always Be Closing".

Tells can give you a competitive advatage. HINTS or suggestions are better ways to describe the leaks in opponents (and your) game.-The universal hint in poker is called betting—jamming the pot when you have the best of it, and punishing opponents for their draws.
Betting is the language of poker; the more money behind your bet, the louder your voice! This kind of game is
The safe sex of poker-without the deceit, the seduction, the bluffing-is like wearing a condom. And you know how that feels.
The sex of poker is bluffing, getting something for nothing-Poker is, after all, anything you can get away with. In the real world, If your wife is cheating on you---you don't want to believe it.(Truth bias). So she bluffs you and gets away with it but then...one day her own Fear of being caught---detection apprehension---will be the non verbal (TELL) communication that speaks to your subconscious and allows you to divorce her! That is, if your left brain gets good at telling your right brain what to do.
Misleading Vividness-Learn The Lines
Bluffing is giving yourself permission to win, even if you do not have the best of it. When you show up to a game, you have to be script driven, and the lines are simple--I am going to win, NOT I should win , NOT I deserve to win. If you can pull off a feeling of acceptance, not even belief, you will have a reasonable amount of success in your bluffs. Be misleading not confusing in your bluffs.
Use position, psychology and bluffing to tip the scales. One thing for sure-POSITION makes every bluff easier. What is your RRR, your risk reward ratio? What are the CP's, calling patterns of your opponents? What are their BP's, betting patterns? The bluffing quest is in these questions.
You don't get a second chance to make a first impression on any given hand. Commit to a hand, and the prosperous termination of desired events--scooping up the pot. Bluffing really means I am against something but appear to be for it. Creating a false impression, disguising the "truth" is easier said than done. Overcompensating in either direction usually occurs---that's a bad bluff. Manipulating how confident you appear, a person who is bluffing will almost always overcompensate 100%, to convince or convey.
Body Languaging
The visable sign of your inner state is Body Language. The air is thick with non-verbal communication. Performance gestures- A bluff will either be performed or unconscious. The modesty lie is a good example of an unconscious bluff---when you win a big pot, or send someone home broke, that is the one lie that most of us can pull off with no regret ---playing small when we want to get up and scream, ,"Yea baby".
WYSIWYGTo be a great liar/bluffer , people around you have got to want to believe you. It is much easier in the real world because there is TMI, too much information in our daily lives so—we pull back and tend to accept everything at face value, calling a spade a spade,
WYSIWYG, What you see is what you get.
In poker it is all about survival, so there is no filtering out the bad for the good. You want to be informed. There is such social pressure to handle the truth, to tell the truth, or even to be tactful, but when we bluff, we must go through a whole series of mental effort and consideration. It is natural to tell the truth, and unnatural not to.
First you have to come up with the correct response---the truth; Next,you have to figure out how to quash that response; Finally, you have to come up with the lie response. It is not only hard to do, it is hard to sustain. Don't do anything out of the ordinary. Don't freeze up. Don't talk, unless you think it will influence a fold. Remember, bluffing is never impossible.
Here are some good bluffs-By Sammy Farha and Chris Moneymaker
bluffing Game Theory Poker No limit holdem behavioral finance Truth bias
Read Full Poker Blog Post
The Game of Poker Is A Game For Liars
Jessep(Jack Nicholson) You want answers?
Kaffee (Tom Cruise): I think I'm entitled to them
Jessep: You want answers?
Kaffee: I want the truth!
Jessep: You can't handle the truth. We use words like
All-In,
Stone Cold Nuts,
Semi-Bluff...we use these words as the backbone to a life spent defending something. You use 'em as a punchline.
I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the blanket of the very economic freedom I provide, then questions the manner in which I provide it! I'd rather you just said thank you and went on your way. Otherwise, I suggest you pick up a copy of Hotel Anyware’s
The Sex of Poker or read a
post from Ed Reif's blog. Either way, I don't give a damn what you think you're entitled to!
Read Full Poker Blog Post
The Game of Poker Is A Game For Liars
Jessep(Jack Nicholson) You want answers?
Kaffee (Tom Cruise): I think I'm entitled to them
Jessep: You want answers?
Kaffee: I want the truth!
Jessep: You can't handle the truth. We use words like
All-In,
Stone Cold Nuts,
Semi-Bluff...we use these words as the backbone to a life spent defending something. You use 'em as a punchline.
I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the blanket of the very economic freedom I provide, then questions the manner in which I provide it! I'd rather you just said thank you and went on your way. Otherwise, I suggest you pick up a copy of Hotel Anyware’s
The Sex of Poker or read a
post from Ed Reif's blog. Either way, I don't give a damn what you think you're entitled to!
Read Full Poker Blog Post

Either raise or fold, but rarely call.Raise more than call and fold more than raise. PROS verses JOES
The cult of the amateur feels that calling is an option on the value scale between betting and raising; actually it shows weakness and sets you up as a target to lose money. Folding in this case, is the invisible win, and a way to save bets (money). What no one else is saying about NLH is that this a fringe benefit about playing with the JOES, they will call you down, and, furthermore, they don't know the best kept secret of No Limit Holdem: It is a game of position.
Calling is bad for so many reasons--- You lose control of the hand. You create a weak image for yourself. You don’t drive others out of the pot. You invite bets and bluffs. You become a target on the turn and the river. You let drawing hands have the potential to “bad beat” you. Most people refuse to fold and calling down to the river is their bizarre way of folding.
Unless you are slowplaying the NUTS, and setting a trap, your opponents have nothing to fear with a flat call or a smooth call…you send that "I am weak" message…unless you step in it and suck out. That’s the safety net of holdem. It’s always there Chess +luck. Anyone can get lucky once 100% of the time.
If you bet or raise you give yourself extra ways to win. Good things happen when you bet—You could take the pot down right there, or lose some people and build the pot, so you could fire another bullet on the next round when they miss, making it expensive to draw out on you
Poker rewards aggression. Your table image street cred goes up .You make opponents react to you and you take control of the table—the name of the game is a game of domination. NLH is a game of position, and Early Position is the exception to the rule---you simply won’t play a lot of hands, and if you do, you will find yourself checking more because all eyes are on you to act first.
POSITION DETREMINES which starting hands to play and WHEN to play. (10 9 suited, small pockets A9 are great first money hands from middle or late position, but go down in value from first)
So easy even a caveman can do it…Bludgeon the better with a raise. It sends a message. Like hitting a donkey over the head with a two-by-four. Raising with ATC, any two cards, in late

position, usually gets the blinds out. If you allow them to limp in, they could have anything. DON’T GO BROKE in an unraised pot: because in an unraised pot anything can happen!
Buying the button—betting or raising hoping that people between you and the button will fold, can give you positional advantage, allowing you to act last.
Playing out of your comfort zone. Every bet is a big decision. At higher stakes, many people know the value of position. Fortunately, it can make you routine and predictable. In this case you should sit to the right of the money—That's where it tends to go, you get money from the right and give money to the left. This is called “Sitting behind the money”. This is because money flows in a clockwise direction. The golden rule---the ones with the gold make the rules will be acting before you not after!
STARTING HANDS IN HOLDEM DEMAND ISOLATION
There are 169 possible starting hands in NLH. Are you capable of playing everyone of them? Only 1 in four of them is capable of being played on any given Sunday to the flop.
The value of any two cards---even monsters goes up or down after the flop--Why? Because those two hole cards represent 28% of your total hand, after the flop that brings you to around 70%. The rule of thumb: if you need more than one card to imporve your hand dump it- or bluff and pump it. Therefore, you have to thin the field. Going heads up with a big pair against suited connectors is a 60-40 split in your favor, but guess what, you have two outs, and he has at least 15--staright, flush, straightflush, pairing his whole cards.
Against 9 random hands in a pot, AA is vulnerable--a winner only 34% of the time, and Pocket Kings, the same holds true. You want to isolate the loosy goosey guys who play Ace Rag with your raisey daisey; isolate the maniacs who splash pots, and isolate the weak players. Anytime you are up against inexperience, you are the favorite.
The single most important mistake most players make is playing too many starting hands. It could be impatience, a carry over from low limit no-foldem games, ATC, any two cards push and pray, hoping you'll hit the flop. You should fold 60% of your hands--Why, because it costs something to play. If it costs nothing to play, play every hand! but it doesn't...
The cost of playing your hand is determined by position. If you are in early position what is the

cost? You don't really know because you are first to act. It will at least cost you one bet, but the other players have yet to act. It could cost 2x, 3x all-in.
After all, you play poker, you show up, you want to "gamble", to get and give action, to play. Just remember, you didn't come to the game to play bad cards, but more importantly, you didn't come to play out of position.
I remember talking with Daniel Negreanu--He refered to late position as his "Office". That meant he meant business--where his revenue stream flowed and his profit center was derived. It was interesting to hear him say that, instead of AA, KK, a particular starting hand. He switched things up for me, and I began to realize the value of position.
Read Full Poker Blog Post

Either raise or fold, but rarely call.Raise more than call and fold more than raise. PROS verses JOES
The cult of the amateur feels that calling is an option on the value scale between betting and raising; actually it shows weakness and sets you up as a target to lose money. Folding in this case, is the invisible win, and a way to save bets (money). What no one else is saying about NLH is that this a fringe benefit about playing with the JOES, they will call you down, and, furthermore, they don't know the best kept secret of No Limit Holdem: It is a game of position.
Calling is bad for so many reasons--- You lose control of the hand. You create a weak image for yourself. You don’t drive others out of the pot. You invite bets and bluffs. You become a target on the turn and the river. You let drawing hands have the potential to “bad beat” you. Most people refuse to fold and calling down to the river is their bizarre way of folding.
Unless you are slowplaying the NUTS, and setting a trap, your opponents have nothing to fear with a flat call or a smooth call…you send that "I am weak" message…unless you step in it and suck out. That’s the safety net of holdem. It’s always there Chess +luck. Anyone can get lucky once 100% of the time.
If you bet or raise you give yourself extra ways to win. Good things happen when you bet—You could take the pot down right there, or lose some people and build the pot, so you could fire another bullet on the next round when they miss, making it expensive to draw out on you
Poker rewards aggression. Your table image street cred goes up .You make opponents react to you and you take control of the table—the name of the game is a game of domination. NLH is a game of position, and Early Position is the exception to the rule---you simply won’t play a lot of hands, and if you do, you will find yourself checking more because all eyes are on you to act first.
POSITION DETREMINES which starting hands to play and WHEN to play. (10 9 suited, small pockets A9 are great first money hands from middle or late position, but go down in value from first)
So easy even a caveman can do it…Bludgeon the better with a raise. It sends a message. Like hitting a donkey over the head with a two-by-four. Raising with ATC, any two cards, in late

position, usually gets the blinds out. If you allow them to limp in, they could have anything. DON’T GO BROKE in an unraised pot: because in an unraised pot anything can happen!
Buying the button—betting or raising hoping that people between you and the button will fold, can give you positional advantage, allowing you to act last.
Playing out of your comfort zone. Every bet is a big decision. At higher stakes, many people know the value of position. Fortunately, it can make you routine and predictable. In this case you should sit to the right of the money—That's where it tends to go, you get money from the right and give money to the left. This is called “Sitting behind the money”. This is because money flows in a clockwise direction. The golden rule---the ones with the gold make the rules will be acting before you not after!
STARTING HANDS IN HOLDEM DEMAND ISOLATION
There are 169 possible starting hands in NLH. Are you capable of playing everyone of them? Only 1 in four of them is capable of being played on any given Sunday to the flop.
The value of any two cards---even monsters goes up or down after the flop--Why? Because those two hole cards represent 28% of your total hand, after the flop that brings you to around 70%. The rule of thumb: if you need more than one card to imporve your hand dump it- or bluff and pump it. Therefore, you have to thin the field. Going heads up with a big pair against suited connectors is a 60-40 split in your favor, but guess what, you have two outs, and he has at least 15--staright, flush, straightflush, pairing his whole cards.
Against 9 random hands in a pot, AA is vulnerable--a winner only 34% of the time, and Pocket Kings, the same holds true. You want to isolate the loosy goosey guys who play Ace Rag with your raisey daisey; isolate the maniacs who splash pots, and isolate the weak players. Anytime you are up against inexperience, you are the favorite.
The single most important mistake most players make is playing too many starting hands. It could be impatience, a carry over from low limit no-foldem games, ATC, any two cards push and pray, hoping you'll hit the flop. You should fold 60% of your hands--Why, because it costs something to play. If it costs nothing to play, play every hand! but it doesn't...
The cost of playing your hand is determined by position. If you are in early position what is the

cost? You don't really know because you are first to act. It will at least cost you one bet, but the other players have yet to act. It could cost 2x, 3x all-in.
After all, you play poker, you show up, you want to "gamble", to get and give action, to play. Just remember, you didn't come to the game to play bad cards, but more importantly, you didn't come to play out of position.
I remember talking with Daniel Negreanu--He refered to late position as his "Office". That meant he meant business--where his revenue stream flowed and his profit center was derived. It was interesting to hear him say that, instead of AA, KK, a particular starting hand. He switched things up for me, and I began to realize the value of position.
Read Full Poker Blog Post

You have to be a somebody in poker before you can be a nobody-Chris Moneymaker was a nobody, a 27 year old accountant who had the zen mind beginner's mind of a champion, won $2.5 million in the Big Game with a $20 Buck satellite "lotto ticket". Nowadays, Chris is a Somebody--- a Pokerstars Spokesmodel who hasn't won a major tournament since his WSOP 2003 anomaly. Check please.
Poker is not a form of gambling---but gambling is a form of ---loose-aggressive--- poker.
All gambling involves betting, but not all bets are gambling. It depends on how much control you have over the outcome and how much luck you think you have at the moment.
Betting on positive expectations and predictable outcomes.—either you hold unbeatable cards or make other players belive you do, that’s a skill set that pays out 10x over time. A bet is a declaration that says I have a better hand than you---Find out if it the truth or a lie, act accordingly to disappoint your opponent. Unless you have the stone cold nuts, when you bet you want opponents to think you do, and fold.
Either raise or fold, but rarely call.
Always aspire to be a nobody in poker. A nobody bets only when the odds are favorable. Gamblers are somebody--They splash the pot, make loose calls , bluff off their stack and bet money at unfavorable odds and eventually lose it all. A nobody cannot lose; he eventually wins all the money that "somebody" players risk. Most Somebodies idea of a good lay down is to flat call. Bluff raising for him is out of the question.
NLH is a safety net for somebody gamblers. Not knowing what he is doing because he doesn’t know what he is doing—shields him from his own efforts to lose! These kind of players back into a lot of hands and split pots., and generaly confuse nobody players.
Zero Sum and Then Some
Serious poker is a POSITIVE -SUM GAME. Everybody gets what they want or need. The game itself helps the pie expand. And in (game) theory everybody simultaneously wins in a positve sum game. Yet if Poker is all about reading game theory books and learning ABC theroies and systems, then the games are really like used bookstores---dead information. The game sure doesn't look like a used bookstore, thanks to dealing with everywhere--- ubiquitious internet poker. Nobody players routinely make more cash than people who work in used bookstores!
Moneymaker Effect? What effect did it have on you?
The Hockey Strike is a negative sum event- NEGATIVE-SUM GAMES are games in which both sides lose. This represents the height of irrationality to positive-sum players, but it proves a surprisingly durable choice of game-players. Pull the grenade and blow us both up. Smashmouth Poker is a less deadly version of combat, and therefore a good way to practice for it if you are out to have a good time and fully expect to lose all your money that you brought to the table that night.
While the Zambonis' sat idle, the strike created new programming slots for ESPN's niche "sports" like Poker-and fueled the Moneymaker Effect: and you know how that affected all our games---more AQ verses small pockets(races), more bad beats and suckouts by DONKS winning, not by what they knew, but what was absent from their game---like fear, experience and regret.
Broke Back Poker-A Guaranteed income for life.
Without the right game, the right people don't show up.
Raising with good hands, pairs. Calling with draws and throwing away junk. Yea, I wanna play with these guys because Karaoke Poker can solve any problem for which a solution is known to exist . Many still sing the patience, tight-is-right ABC by the book style of play--that's an even money scenerio-- You don’t play to break even, you play to break backs.
When weak players stay in the game, they use luck and because of the nature of NLH, can win buckets of money in the short run. Just remember they are only borrowing the chips from you.
Feeling lucky and going into a casino is like feeling athletic and going to a sports bar---You can depend on the rabbit's foot for luck, but it didn't help the rabbit.
Whne playing people who feel lucky---Assume the worst, believe no one, and make your move when you are certain you have the stone cold nuts or at least, great odds. If you get drawn out on the river by this kind of player, be assured he will go broke chasing to the river the next few hands he plays. All players are equally good, it's their play that is bad: A little past playing good is playing badly. You beat bad players and bluff good ones. Bads call too often and rarely fold. The longer you have been playing, the "smarter" you get. Experience rich and technique poor players-smart players---are easier to bluff, because of this fact. They are usually paying attention to the action.
Suited cards like Q2,K4 are cows---units of chaos. Pump 'em or Dump em.
Just put yourself to the simple test--would I play them if they weren't suited; if no dump it. If yes, pump it. The best way to control chaos is at the beginning of an event. Folding is an invisible form of winning. Reducing your risk, not taking chances on it. Any pre-flop hand can be folded—a big pair can go from pretty to pretty ugly unless you isolate, and have a heads up situation. A hand can be favored individually. And a loser collectively (Family pots). There are no chips for second place.
As the game becomes looser, the value of suited connectors and suited starting hands becomes higher, and the monster starting hands like QQ and AK goes down. There is no strict rule for acceptable staring hands. The more people that see the flop, the less likely big hand will hold up.Usually they end in a showdown, and a complete hand-straight or flush---but if the board pairs, you are drawing to the nuts, a full house.
You have to be a somebody in poker before you can be a nobody. A somebody has mystical feelings, overconfidence, invincibility and in general letting luck short cirucit their mind from the heavy lifting of thinking. A nobody just wants to make good decisions.
Learn to play poker in ten years—What’s the rush?
It takes years to become an overnight success at poker, and a lifetime to make it all look simple. In the Life, Liberty and The Pursuit of a fast buck, you have to assume players know what they want to do with their money--it's their privilege to bet or gamble with their money. Never complain never explain.
Read Full Poker Blog Post

You have to be a somebody in poker before you can be a nobody-Chris Moneymaker was a nobody, a 27 year old accountant who had the zen mind beginner's mind of a champion, won $2.5 million in the Big Game with a $20 Buck satellite "lotto ticket". Nowadays, Chris is a Somebody--- a Pokerstars Spokesmodel who hasn't won a major tournament since his WSOP 2003 anomaly. Check please.
Poker is not a form of gambling---but gambling is a form of ---loose-aggressive--- poker.
All gambling involves betting, but not all bets are gambling. It depends on how much control you have over the outcome and how much luck you think you have at the moment.
Betting on positive expectations and predictable outcomes.—either you hold unbeatable cards or make other players belive you do, that’s a skill set that pays out 10x over time. A bet is a declaration that says I have a better hand than you---Find out if it the truth or a lie, act accordingly to disappoint your opponent. Unless you have the stone cold nuts, when you bet you want opponents to think you do, and fold.
Either raise or fold, but rarely call.
Always aspire to be a nobody in poker. A nobody bets only when the odds are favorable. Gamblers are somebody--They splash the pot, make loose calls , bluff off their stack and bet money at unfavorable odds and eventually lose it all. A nobody cannot lose; he eventually wins all the money that "somebody" players risk. Most Somebodies idea of a good lay down is to flat call. Bluff raising for him is out of the question.
NLH is a safety net for somebody gamblers. Not knowing what he is doing because he doesn’t know what he is doing—shields him from his own efforts to lose! These kind of players back into a lot of hands and split pots., and generaly confuse nobody players.
Zero Sum and Then Some
Serious poker is a POSITIVE -SUM GAME. Everybody gets what they want or need. The game itself helps the pie expand. And in (game) theory everybody simultaneously wins in a positve sum game. Yet if Poker is all about reading game theory books and learning ABC theroies and systems, then the games are really like used bookstores---dead information. The game sure doesn't look like a used bookstore, thanks to dealing with everywhere--- ubiquitious internet poker. Nobody players routinely make more cash than people who work in used bookstores!
Moneymaker Effect? What effect did it have on you?
The Hockey Strike is a negative sum event- NEGATIVE-SUM GAMES are games in which both sides lose. This represents the height of irrationality to positive-sum players, but it proves a surprisingly durable choice of game-players. Pull the grenade and blow us both up. Smashmouth Poker is a less deadly version of combat, and therefore a good way to practice for it if you are out to have a good time and fully expect to lose all your money that you brought to the table that night.
While the Zambonis' sat idle, the strike created new programming slots for ESPN's niche "sports" like Poker-and fueled the Moneymaker Effect: and you know how that affected all our games---more AQ verses small pockets(races), more bad beats and suckouts by DONKS winning, not by what they knew, but what was absent from their game---like fear, experience and regret.
Broke Back Poker-A Guaranteed income for life.
Without the right game, the right people don't show up.
Raising with good hands, pairs. Calling with draws and throwing away junk. Yea, I wanna play with these guys because Karaoke Poker can solve any problem for which a solution is known to exist . Many still sing the patience, tight-is-right ABC by the book style of play--that's an even money scenerio-- You don’t play to break even, you play to break backs.
When weak players stay in the game, they use luck and because of the nature of NLH, can win buckets of money in the short run. Just remember they are only borrowing the chips from you.
Feeling lucky and going into a casino is like feeling athletic and going to a sports bar---You can depend on the rabbit's foot for luck, but it didn't help the rabbit.
Whne playing people who feel lucky---Assume the worst, believe no one, and make your move when you are certain you have the stone cold nuts or at least, great odds. If you get drawn out on the river by this kind of player, be assured he will go broke chasing to the river the next few hands he plays. All players are equally good, it's their play that is bad: A little past playing good is playing badly. You beat bad players and bluff good ones. Bads call too often and rarely fold. The longer you have been playing, the "smarter" you get. Experience rich and technique poor players-smart players---are easier to bluff, because of this fact. They are usually paying attention to the action.
Suited cards like Q2,K4 are cows---units of chaos. Pump 'em or Dump em.
Just put yourself to the simple test--would I play them if they weren't suited; if no dump it. If yes, pump it. The best way to control chaos is at the beginning of an event. Folding is an invisible form of winning. Reducing your risk, not taking chances on it. Any pre-flop hand can be folded—a big pair can go from pretty to pretty ugly unless you isolate, and have a heads up situation. A hand can be favored individually. And a loser collectively (Family pots). There are no chips for second place.
As the game becomes looser, the value of suited connectors and suited starting hands becomes higher, and the monster starting hands like QQ and AK goes down. There is no strict rule for acceptable staring hands. The more people that see the flop, the less likely big hand will hold up.Usually they end in a showdown, and a complete hand-straight or flush---but if the board pairs, you are drawing to the nuts, a full house.
You have to be a somebody in poker before you can be a nobody. A somebody has mystical feelings, overconfidence, invincibility and in general letting luck short cirucit their mind from the heavy lifting of thinking. A nobody just wants to make good decisions.
Learn to play poker in ten years—What’s the rush?
It takes years to become an overnight success at poker, and a lifetime to make it all look simple. In the Life, Liberty and The Pursuit of a fast buck, you have to assume players know what they want to do with their money--it's their privilege to bet or gamble with their money. Never complain never explain.
Read Full Poker Blog Post
Once upon a starting hand: When all you have is the hammer, everything is a nail.
The implicit value of 7 deuce-Leading uphill against conventional wisdom.
Under the right circumstances you can play ANY Two Cards---ATC, and expect a positive return, either immediately or down the road.
From Worst To First-The best hole cards you've never played
The book value and herd mentality of 72 offsuit in holdem is squadush. It is the worst hand in NLH.-Yet the Hammer can go from zero to hero. It makes a great raising hand in position. Play them like aces--When everyone misses on the flop, throw in a continuation bet, and you take down the pot. Money certainly has been won from players' mis-reading of the situation, and the 7 deuce first in money guy working magic-or mis-direction-- creating the illusion appearing as real--Now that's playing with no cards.
Starting hands can be created or dissolved with the change in its implicit value, which is determined by the personal perceptions and whim of players and their cards
Playing 72 like aces. Should I? In the case of automatic enrollment, the default decision may be too powerful to ever let 7 2 go. You have tried this a few times and got away with it, scooping a $300 pot in a low NLH game. It could start out, first as a bluff, the 72 trash hand, then catching a full house with it. Sometimes you'll get caught.
Winning like this doesn't make you a good player; neither does losing like this make you a bad one---it just is the cost of doing (monkey) business, and making moves at pots.
Being There-The Greatest Movie You Have Never Seen Peter Sellers' Masterpiece---A How To Own The Zone Poker Play Book
Those who forget the past are doomed to reread it. Remember this one--President Kennedy's secretary was named Lincoln and President Lincoln's secretary was named Kennedy. Coincidence? How about this one: you need 23 people in one room for there to be a 50% chance of two people having the same birthday. Probability?
The concept I'd like to deal with, then, is the concept of "framing" -- that the way we are presented information determines our reaction to that information. You can have your delusions of reference, but when it comes down to it, poker doesn't think and the cards have no memory. Yet, if you choose to frame it as meaningful coincidence or good luck-What you believe is real, will be real to you in its consequences--the magic of magical thinking
Magical thinking is real--I like to call it beginner's luck---because you just don't know any better. You don't understand possible causes because of your low information diet. TMI, Too Much Information can damage your game. That's why you can bluff good players---they've been there, done that. They have the in-the-trenches- experience and the war stories and bad beats. Check out Brad Booth on High Stakes Poker to see what I mean-an amazing three brick, 300K bluff against Phil Ivey, whose holding pocket Kings, and lays them down.
...all is well - and all will be well - in the garden
Beginner's Luck doesn't so much as remove the heavy lifting of real thinking. It just keeps you lean and trim on this low info diet, where the "how " of your happiness takes on new meaning. No need for filters--You can only recognize what you already know.
It has a way of creating your NOT To Do List. The on demand vibe is about simplicity, and that's scarce, a To Be list. Forest Gump, and Being There's
Chauncey Gardiner come to mind.
The Bermuda Triangle For Socks-The Dryer-the mythology
When I do my laundry, I mix it all together—that’s called pink laundry. It all doesn’t come out in the wash. More than that, I don't know where my socks sometimes go after I (Think) I put them in the dryer. Did they really disappear? You see that’s the illusion---they never make it to the machine in the first place! When I was a kid, I worked at a resturant, we had a far more important mystery---the missing teaspoon phenomonon.
Missing chips and missing socks---the way we do laundry is the way we do chips. The somewhat "unreal" characteristic of money and poker, leave you with that missing sock conspiracy theory thing, since the most straightforward way of telling you where your money went is that it actually disappeared into thin air.
The brain seems to have networks wired to produce magical explanation in almost every cirucmstance. The point at which my child brain withdrew support for belief in Santa and the Easter Bunny is about the same time it got introduced to prayer---and believe me there is a lot
more praying going on in casinos and holdem games than churches!
It goes on to this day--what New Yorker didn't think they were responsible for the outcome of this year's Giant's Superbowl victory! In part it’s because we are constantly exposed to our own thoughts-"I want the Giants to win, I want the Giants to win..." Hay, WTF--It worked!
Chauncey Gardiner seven deuce 7-2 offsuit The Hammer Missing Socks New York Giants Magical Thinking High Stakes Poker Brad Booth Phil Ivey Being There Peter Sellers
Read Full Poker Blog Post
Once upon a starting hand: When all you have is the hammer, everything is a nail.
The implicit value of 7 deuce-Leading uphill against conventional wisdom.
Under the right circumstances you can play ANY Two Cards---ATC, and expect a positive return, either immediately or down the road.
From Worst To First-The best hole cards you've never played
The book value and herd mentality of 72 offsuit in holdem is squadush. It is the worst hand in NLH.-Yet the Hammer can go from zero to hero. It makes a great raising hand in position. Play them like aces--When everyone misses on the flop, throw in a continuation bet, and you take down the pot. Money certainly has been won from players' mis-reading of the situation, and the 7 deuce first in money guy working magic-or mis-direction-- creating the illusion appearing as real--Now that's playing with no cards.
Starting hands can be created or dissolved with the change in its implicit value, which is determined by the personal perceptions and whim of players and their cards
Playing 72 like aces. Should I? In the case of automatic enrollment, the default decision may be too powerful to ever let 7 2 go. You have tried this a few times and got away with it, scooping a $300 pot in a low NLH game. It could start out, first as a bluff, the 72 trash hand, then catching a full house with it. Sometimes you'll get caught.
Winning like this doesn't make you a good player; neither does losing like this make you a bad one---it just is the cost of doing (monkey) business, and making moves at pots.
Being There-The Greatest Movie You Have Never Seen Peter Sellers' Masterpiece---A How To Own The Zone Poker Play Book
Those who forget the past are doomed to reread it. Remember this one--President Kennedy's secretary was named Lincoln and President Lincoln's secretary was named Kennedy. Coincidence? How about this one: you need 23 people in one room for there to be a 50% chance of two people having the same birthday. Probability?
The concept I'd like to deal with, then, is the concept of "framing" -- that the way we are presented information determines our reaction to that information. You can have your delusions of reference, but when it comes down to it, poker doesn't think and the cards have no memory. Yet, if you choose to frame it as meaningful coincidence or good luck-What you believe is real, will be real to you in its consequences--the magic of magical thinking
Magical thinking is real--I like to call it beginner's luck---because you just don't know any better. You don't understand possible causes because of your low information diet. TMI, Too Much Information can damage your game. That's why you can bluff good players---they've been there, done that. They have the in-the-trenches- experience and the war stories and bad beats. Check out Brad Booth on High Stakes Poker to see what I mean-an amazing three brick, 300K bluff against Phil Ivey, whose holding pocket Kings, and lays them down.
...all is well - and all will be well - in the garden
Beginner's Luck doesn't so much as remove the heavy lifting of real thinking. It just keeps you lean and trim on this low info diet, where the "how " of your happiness takes on new meaning. No need for filters--You can only recognize what you already know.
It has a way of creating your NOT To Do List. The on demand vibe is about simplicity, and that's scarce, a To Be list. Forest Gump, and Being There's
Chauncey Gardiner come to mind.
The Bermuda Triangle For Socks-The Dryer-the mythology
When I do my laundry, I mix it all together—that’s called pink laundry. It all doesn’t come out in the wash. More than that, I don't know where my socks sometimes go after I (Think) I put them in the dryer. Did they really disappear? You see that’s the illusion---they never make it to the machine in the first place! When I was a kid, I worked at a resturant, we had a far more important mystery---the missing teaspoon phenomonon.
Missing chips and missing socks---the way we do laundry is the way we do chips. The somewhat "unreal" characteristic of money and poker, leave you with that missing sock conspiracy theory thing, since the most straightforward way of telling you where your money went is that it actually disappeared into thin air.
The brain seems to have networks wired to produce magical explanation in almost every cirucmstance. The point at which my child brain withdrew support for belief in Santa and the Easter Bunny is about the same time it got introduced to prayer---and believe me there is a lot
more praying going on in casinos and holdem games than churches!
It goes on to this day--what New Yorker didn't think they were responsible for the outcome of this year's Giant's Superbowl victory! In part it’s because we are constantly exposed to our own thoughts-"I want the Giants to win, I want the Giants to win..." Hay, WTF--It worked!
Chauncey Gardiner seven deuce 7-2 offsuit The Hammer Missing Socks New York Giants Magical Thinking High Stakes Poker Brad Booth Phil Ivey Being There Peter Sellers
Read Full Poker Blog Post
Does money play a role in Poker? This seems so obvious, why even ask the question? But, for some, the thrill is in the doing — not in the having. All the energy drinks in the world can't produce the rush of catching a one outter on the river. Just ask Corey Zeidman.
Do we really have only one goal in mind: to kick ass. You have to also be asking yourself this one question all the time --‘What is the right thing to do next in my game?"
An Aggressive game is a game of strategy and deception. A passive game is one where money flows from bad to good players. A loose game is a game of money and odds; a tight one is a battle for the antes...and then there are just crazy delicious games.....
It's A Beautiful Day For A Night of Poker
Crazy Delicious NLH poker is not a "A-ha" experience, it is more of a "holy-shit" experience. Most playahs are experience rich and technique poor. Everything has been said before, but since nobody listens we have to keep going back and beginning all over again. Someday, this post will start to read like one long typographical error, and you come away thinking, “From now on, I'll connect the dots my own way”.
License To Thrill-Pure GENEiusEarly windfall in your poker career— can be pathological—The neurological high---doing something dangerous and still survive, is thrill seeking; but risk taking is different, the part that craves the excitement—D4DR is the thrill seeking gene. A lot of risk tolerance is genetic. and it's very hard to unlearn an inate lesson.
Nothing fails like success, after all, how many back-to-back champions do we really know of? You simply can’t rely on early successes in gambling; it instills false confidence. If your game is not broken, break it...before someone else does.
The pain and pleasure of "Maybe" and "Getting It Over With"-WILDING
Going for broke and the threat of it is so much a part of No-Limit Holdem. Going "ALL-In" is more poetic than crunching number and calculating pot odds.
Witness Ashley Revell, the poster boy for thrill gambling. I like to call Ashley's style WILDING. In 2004, he sold all of his possessions including his clothes and placed a double or nothing bet of $135,300—all of his money—on one spin of the roulette wheel. Choosing red, he came away with $270,600. After seeing this video, you might regard "Double or Nothing" risk strategy as a benign thing. The fear of losing money,however, often trumps the desire to make money in poker. Minimizing risks rather than maximizing returns is actually a style of play to fail in poker. You can't play a safe-tight-is-right game, and wait for the deck to hit you. Too much respect for money makes you a bad NLH player. Yet so does wilding.
It’s desire to not lose money that is at the heart of risk behavior. Poker players are actually loss averse.
Make The Right Mistakes
Doing things right the first time, however is an obsenity. We learn very little from the things we do right. We learn a lot from the things they do wrong. Making mistakes will help you refine your ability to more effectively calculate risks.
If you are a good player and you get it in good, bad players are going to draw out on you more than your hands are going to hold up because they are more often than not putting their money in with the worst of it.. Shuffle up and deal with it.
Extraverts are more susceptible to taking excessive risk ("greed" and overconfidence) Neurotics are more likely to irrationally avoid risk (sensitive to "fear")
Egonomics and neuroeconomics
Managing our own ability—separate emotions from the experience— Emotional leverage—it’s informative and natural, but it can’t grab the wheel and drive the bus---Our healthy ego should remain stable and strong n the face of setbacks and failures---That is why we hold onto losers too long, and cut our winners short. It’s purely emotional decision making, Great poker players lay down great hands—you have to learn how to love lose. The winning is the easy part, any one can do that. Getting out of a position, “being stuck” with QQ , when you just know this guy is playing Ace Rag, as opposing to holding them too long is cognitive reframing.
Why do we play this way? because we can’t admit failure-egonomics- Learning to take the loss early and apply it to another hand. That frame of reference is essential---introjections, self statements we say---conversations we say—If I lose I am a loser. Separate yourself from the lose. You are not your mistakes. You are never now how you have been. Allow yourself to recognize that you’re going to have these scary moments, and lots of chip swings in cash games.
A smart poker player, however, doesn’t have to be world class—just be better than the people he is playing against. It's his YOUniverse, and his opponets just live in it. Unfortunately, this is where the analogy ends. In the real world, there are no special tables for beginners, hobbyists, and suckers. There is just one table, and, every time you sit down at it, you will be competing against the best players in the world, the best trained, most well-informed out there.
If you sit down at a poker table at which you are better than six of the nine players, do you think the best two players, the ones who are better than all nine of you, are happy or sad that you showed up? Happy. Your playing just means more money for them to win.
Risk perception, appetite-goals and personality . We are really lose averse than risk averse— we take greater risks if we are down, losing money than if they were up—knee jerk double down stuff.. So how you frame your day at the table, where you mentally classify yourself as having either won in the W column or L, lost column is how you will approach risk.
Personal risk perception, and risk tolerance. When it comes to risk tolerance---how much emotional and psychological pain can you take. We like to function much below our risk tolerance. The risk of any NLHat an game on "any given sunday" is stable or assessable. Perception of the risk can fluctuate according to your whim, bias, and environment, and environment does create mood! Letting your emotions cloud your jedgement--euphoria or despair is the in to your sane game.
Poker rewards aggression . Poker also rewards infinite patience. Don't fret when you lose money, have patience. Find that comfortable balance between aggression and patience, between risk and security.
Our level of greed and the need for speed (rush,bluffing off/maniac with chips) is increased when one or more of the following conditions is met:
Your buddies just won a ton of cash, owning the table.
Comparison with others who are successful "Your dopamine system plays off my dopamine system,")
Learning of a large potential payoff.
Learning of a high probability ("almost certain") payoff from a school of fish
Expecting a quick payoff.
Wanting badly to make money.
Our level of fear (hemorrhaging/bleeding chips)is increased when one or more of the following conditions is met:
A losing streak.
Being around low vibrational people, stories and situations.
The possibility of a dramatic negative event in RL (Real Life)(E.g., bankruptcy, accounting scandal,job, marriage break up, death.
Low probability threats are overweighted if they are dramatic or potentially catastrophic.
Expecting to lose soon.
Having a prior negative experience with similar players or casinos.
A Recent bad beat or suckout by a donkey.
Read Full Poker Blog Post
Does money play a role in Poker? This seems so obvious, why even ask the question? But, for some, the thrill is in the doing — not in the having. All the energy drinks in the world can't produce the rush of catching a one outter on the river. Just ask Corey Zeidman.
Do we really have only one goal in mind: to kick ass. You have to also be asking yourself this one question all the time --‘What is the right thing to do next in my game?"
An Aggressive game is a game of strategy and deception. A passive game is one where money flows from bad to good players. A loose game is a game of money and odds; a tight one is a battle for the antes...and then there are just crazy delicious games.....
It's A Beautiful Day For A Night of Poker
Crazy Delicious NLH poker is not a "A-ha" experience, it is more of a "holy-shit" experience. Most playahs are experience rich and technique poor. Everything has been said before, but since nobody listens we have to keep going back and beginning all over again. Someday, this post will start to read like one long typographical error, and you come away thinking, “From now on, I'll connect the dots my own way”.
License To Thrill-Pure GENEiusEarly windfall in your poker career— can be pathological—The neurological high---doing something dangerous and still survive, is thrill seeking; but risk taking is different, the part that craves the excitement—D4DR is the thrill seeking gene. A lot of risk tolerance is genetic. and it's very hard to unlearn an inate lesson.
Nothing fails like success, after all, how many back-to-back champions do we really know of? You simply can’t rely on early successes in gambling; it instills false confidence. If your game is not broken, break it...before someone else does.
The pain and pleasure of "Maybe" and "Getting It Over With"-WILDING
Going for broke and the threat of it is so much a part of No-Limit Holdem. Going "ALL-In" is more poetic than crunching number and calculating pot odds.
Witness Ashley Revell, the poster boy for thrill gambling. I like to call Ashley's style WILDING. In 2004, he sold all of his possessions including his clothes and placed a double or nothing bet of $135,300—all of his money—on one spin of the roulette wheel. Choosing red, he came away with $270,600. After seeing this video, you might regard "Double or Nothing" risk strategy as a benign thing. The fear of losing money,however, often trumps the desire to make money in poker. Minimizing risks rather than maximizing returns is actually a style of play to fail in poker. You can't play a safe-tight-is-right game, and wait for the deck to hit you. Too much respect for money makes you a bad NLH player. Yet so does wilding.
It’s desire to not lose money that is at the heart of risk behavior. Poker players are actually loss averse.
Make The Right Mistakes
Doing things right the first time, however is an obsenity. We learn very little from the things we do right. We learn a lot from the things they do wrong. Making mistakes will help you refine your ability to more effectively calculate risks.
If you are a good player and you get it in good, bad players are going to draw out on you more than your hands are going to hold up because they are more often than not putting their money in with the worst of it.. Shuffle up and deal with it.
Extraverts are more susceptible to taking excessive risk ("greed" and overconfidence) Neurotics are more likely to irrationally avoid risk (sensitive to "fear")
Egonomics and neuroeconomics
Managing our own ability—separate emotions from the experience— Emotional leverage—it’s informative and natural, but it can’t grab the wheel and drive the bus---Our healthy ego should remain stable and strong n the face of setbacks and failures---That is why we hold onto losers too long, and cut our winners short. It’s purely emotional decision making, Great poker players lay down great hands—you have to learn how to love lose. The winning is the easy part, any one can do that. Getting out of a position, “being stuck” with QQ , when you just know this guy is playing Ace Rag, as opposing to holding them too long is cognitive reframing.
Why do we play this way? because we can’t admit failure-egonomics- Learning to take the loss early and apply it to another hand. That frame of reference is essential---introjections, self statements we say---conversations we say—If I lose I am a loser. Separate yourself from the lose. You are not your mistakes. You are never now how you have been. Allow yourself to recognize that you’re going to have these scary moments, and lots of chip swings in cash games.
A smart poker player, however, doesn’t have to be world class—just be better than the people he is playing against. It's his YOUniverse, and his opponets just live in it. Unfortunately, this is where the analogy ends. In the real world, there are no special tables for beginners, hobbyists, and suckers. There is just one table, and, every time you sit down at it, you will be competing against the best players in the world, the best trained, most well-informed out there.
If you sit down at a poker table at which you are better than six of the nine players, do you think the best two players, the ones who are better than all nine of you, are happy or sad that you showed up? Happy. Your playing just means more money for them to win.
Risk perception, appetite-goals and personality . We are really lose averse than risk averse— we take greater risks if we are down, losing money than if they were up—knee jerk double down stuff.. So how you frame your day at the table, where you mentally classify yourself as having either won in the W column or L, lost column is how you will approach risk.
Personal risk perception, and risk tolerance. When it comes to risk tolerance---how much emotional and psychological pain can you take. We like to function much below our risk tolerance. The risk of any NLHat an game on "any given sunday" is stable or assessable. Perception of the risk can fluctuate according to your whim, bias, and environment, and environment does create mood! Letting your emotions cloud your jedgement--euphoria or despair is the in to your sane game.
Poker rewards aggression . Poker also rewards infinite patience. Don't fret when you lose money, have patience. Find that comfortable balance between aggression and patience, between risk and security.
Our level of greed and the need for speed (rush,bluffing off/maniac with chips) is increased when one or more of the following conditions is met:
Your buddies just won a ton of cash, owning the table.
Comparison with others who are successful "Your dopamine system plays off my dopamine system,")
Learning of a large potential payoff.
Learning of a high probability ("almost certain") payoff from a school of fish
Expecting a quick payoff.
Wanting badly to make money.
Our level of fear (hemorrhaging/bleeding chips)is increased when one or more of the following conditions is met:
A losing streak.
Being around low vibrational people, stories and situations.
The possibility of a dramatic negative event in RL (Real Life)(E.g., bankruptcy, accounting scandal,job, marriage break up, death.
Low probability threats are overweighted if they are dramatic or potentially catastrophic.
Expecting to lose soon.
Having a prior negative experience with similar players or casinos.
A Recent bad beat or suckout by a donkey.
Read Full Poker Blog Post

Your Brain On Poker and Decision
How does it help to know that you're literally "of two minds"? The Limbic and Analytic. The one lives in the
United States of unconsciousness--- on insta call and auto pilot. The other lives in Singapore, a happy dictatorship of rules and reason. So what should our nervous system do?
If you are on a diet, and seconds is your favorite meal, it’s because the limbic “I want it now” dinosaur brain overrides the Analytical 21st Century “Wait and see” play-it-safe patient reward switch.
Think about the cost of doing something and it’s analytical. Enjoy the feeling of risk, it’s limbic. The money-making potential of this idea in your game should not be underestimated. What motivates you to call or fold, or go all in—fear, or disgust? What inspires you-- the desire to gain something new and exciting—or maybe you just have the stone cold nuts?
Analysis is Paralysis-Think Long .Think Wrong.Hell is other as like people, and you usually meet them at a limit table! I spent a year there this weekend. It was like three card no foldem holdem. Every hand went to showdown. Almost every pot was a family one, and the size of them were huge. After a while, it was just pushing around chips. I lost interest.
Expecting The Unexpected
If I have 50 Outs!, I am not going to be happy. The poker treadmill is not for me. That's why I like NLH, no limit holdem-- the poker roller coaster of the unexpected is exciting, and the payoff is 10x. to limit. Certain patterns of response to rewards seem to be biologically embedded in our brain; those tend to be the unexpected.
Poker is about partial information, and uncertainty. That means we're constantly having to choose actions without knowing what the outcome will be.
Game theory opts for the "rational"choice amid uncertainy; behavioral game theory has to consider emotional state. The most highly rational choice is the one with the highest expected value or utility--if that is the case, why gamble at all. Avoiding lose and maximizing return is that easy.
The first rule of gambling is don't gamble---It's all about presentation--Meat your meat--If I offered you 90% lean meat or 10% fat, is there a difference--Yes, in the way I framed it. The fact is my favorite animal is steak---and I don't eat my friends! I am a vegetarian--Meat is meat. Gambling is gambling.
Denial just ain't a river in Vegas
Poker players have to be masters at reframing, otherwise they couldn't handle the sting of loses. Some in therapy call this denial. We can expect a kind of botox for the brain to smooth out any cognitive wrinkle temperaments to our poker loses and even our accelerated learning on how to play better under conditions of uncetainty.
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