Just wanted to give a quick linkout to Pokerati for catching a series of articles on playing poker. Well, that in and of itself wouldn’t be much of a story would it? There are stories all over the place about playing poker. I’ve even been known to write one or two.
What makes these special is that they are appearing in very unlikely places. First, business and personal finance magazine, Kiplinger’s ran a series on how poker helps you understand investing better. And then Time Magazine gets in on the action and tells you how the more hands you win the bigger loser you end up being (both in life and in poker). If that didn’t make sense to you . . . shame on you. Go back and read your poker books again. If you play a lot of hands and win a lot you end up losing overall.
I think Pokerati’s quote from the article sums it up well:
So what does this have to do with you if you don’t gamble? It’s the wrong question because, actually, you do. Investing, driving, buying a house and merely crossing the street are all acts that involve discernible risks and uncertain rewards. The more small returns you get from your small investments in stocks, the likelier you are to make — and lose — a big investment. The more times you get behind the wheel and speed a little bit, the likelier you are to speed a lot — with deadlier consequences.
“These kinds of calculations are made every day,” says Siler. “Adultery is another good example. People get away with it countless times but they get caught just once and they lose everything.”
Kiplinger’s Articles
How Poker Can Make You a Better Investor
How Texas Hold ‘Em Simulates Investing
How Deepak Chopra Helped Me Play Poker Better
Time Magazine
How Winning Can Mean Losing — in Poker and in Life
And while you’re at it, go over to the Pokerati site and them some love too. They’re one of the top poker blogs out there with some great writing and excellent news coverage.
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Hi, my name is Bill Rini and this is my poker blog. I've been blogging about poker and the poker industry since around 2003-ish. Like most people I started out playing poker as entertainment in home games whenever we wanted to sit around and smoke cigars, drink beer, and eat pizza, and needed a good excuse. I started playing online shortly after the first online card rooms opened and it wasn't long before I was playing 20, 30, or even 40 hours a week or more. One day I received a phone call about a program manager position at Tiltware which was the company that consulted to Full Tilt Poker on software development and marketing. After Tiltware I spent about 2.5 years working at Party Poker where I was the poker room manager.
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