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Showing posts from January, 2008

What You Think Is Right Is Wrong With Your Poker Game

Poker Legends & Behavioral Finance Poker Legends & Behavioral Finance Understanding Mental Bias in Decision Making The power of the mind over money is rooted in mental bias. Our idiosyncratic distortions shape our reality. Just as a menu is not the meal, our mental map is not the territory. Flounders vs. Rounders The difference between playing to win versus playing socially. For the seasoned poker player, nothing is better than an opponent who sits down expecting to lose. "When you treat No Limit Hold'em as only a game of chance instead of skill, the risk of ruin is 100%." Pro Players specialize in other people’s biases, especially overconfidence. The Psychology of Tilt Tilt leads to suboptimal decision-making, where emotional investment outweighs logic. Behavi...

Get your BS in Holdem-"Pimp My Harvard"

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The Oracle: Professor Charles- Kingsfield- Nesson's Mashed Up Pulp-Free Poker Chase--- Get your BS in Holdem-"Pimp My Harvard" Harvard Law School, the West Point of capitalism, has a little creative destruction going on at Roscoe Pound 's new student-led Poker Strategic Thinking Society ( GPSTS) , led by the mad hatter-- Professor Chuckles Nesson , the Crimson's own human hangover.Here he is putting a spin on the Confucian Idea: Give a man a fish you teach him for a day; teach him how to play poker, you don't have to teach him anything! The devil's advocate advocating for the devil---online gambling! Yea baby... Oh behave Gnarles. A great many people think they are thinking about poker when they are merely rearranging their bad habits . Part card sharks, part Mother Teresas’ it’s still nice to see the education outreach of legal elite F.O.P. Friend of Poker- Alan Dershowitz ; AND Charlie Nesson , a tweeds-to-riches—Crimson Prof...

Lights Out Poker: POW- Pearls Of Wisdom

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Ed Reif Online Poker Quotes Sponsored by his badbeats taken at Riverstars (Poker Stars) and Full Tilt. Pain For Sale: Too much respect for money makes you a bad NLH player: "When you lose, you lose money, when you win; you lose the value of money." Eating What You Kill Is So Money but it's not personal: "We’re not playing together, but we're not playing against each other either." Get Your Freak-onomics On: When you don' have good cards, somebody else probably does: "You can't lose what you don't put into the pot." SHIP IT HOLLA- I wasn’t born with the math gene, in fact, I am a math atheist: but after "beasting out" both on The Theory Of Poker and The Mathematics of Poker , I realize that poker is less an exploitive strategy, and more an optimal one. Once having said that, we don't need to deify poker math and won't bring its math to the game ---we bring strategy to it, an optimal strategy, independent of opponents ...