Insert Title Here............

Using a few examples from my poker experiences, I have written these initial thoughts on the similarities of poker and everyday life....keep an open mind when reading and try to make a your own correlations.

1. WE FAIL SO WE CAN LEARN TO MASTER OUR UNIQUE GIFTS FOR FUTURE ACCOMPLISHMENTS. Up to individual to make the effort in this acknowledgment.

2. Players who make bad decisions and get instant rewards…. However, these players are hurt more when putting it into a context of a successful long term career because bad habits are formed…

3. Hands we fold pre-flop that would have been the winner….reflect post tournament on how we perceive this “missed opportunity”. Say in this same session/tournament we end up victorious… would this have happened if we played our hand in question?

4.Picking on players at our table…important rule to live by = never criticize the dumb or deceased You may think/claim…you know their reasoning behind actions…are you sure? Are you comfortable admitting you are justified/qualified/in the position to criticize a thought process which was not your own?

5.Only lock = the one on the front door………….Hero’s AA vs. villains hand of XX

6. Maximizing certain risky hands/decisions to determine our decision to take them….factoring in the best and worst outcomes.

7. No matter if you are the best at your table or just think you are, understand the odds that you are not. If you happened to be that ONE player, don’t settle….there will be new challengers awaiting.

8. Taking bad beats “in stride”. Why do we remember all of poker/life situations where we got the unfortunate outcome because of variance as opposed to the situations where we benefited from the opposite result?

9. Putting aside ego….learn to be honest with yourself when someone is taking advantage/bluffing and when someone is not.

10. Don’t be selfish!!!! (late stages of sit and go/LIFE): arguably a fundamental economic principle…..Informal definition from Wikipedia http://en.wikipedia.org/wiki/Nash_eq...mal_definition

“Informally, a set of strategies is a Nash equilibrium if no player can do better by unilaterally changing his or her strategy. To see what this means, imagine that each player is told the strategies of the others. Suppose then that each player asks himself or herself: "Knowing the strategies of the other players, and treating the strategies of the other players as set in stone, can I benefit by changing my strategy?"
If any player would answer "Yes", then that set of strategies is not a Nash equilibrium. But if every player prefers not to switch (or is indifferent between switching and not) then the set of strategies is a Nash equilibrium. Thus, each strategy in a Nash equilibrium is a best response to all other strategies in that equilibrium.[3]
The Nash equilibrium may sometimes appear non-rational in a third-person perspective. This is because it may happen that a Nash equilibrium is not Pareto optimal.
The Nash equilibrium may also have non-rational consequences in sequential games because players may "threaten" each other with non-rational moves. For such games the Subgame perfect Nash equilibrium may be more meaningful as a tool of analysis.”


11. Realize your place in poker/life. How many players have come before you and experienced similar or exact discrepancies…..your one problem will seem insignificant in comparison.

*****What to take away from reading this….TWO ENORMOUS BUT SEPARATE TASKS- REALIZING PERSONAL FAULTS AND TAKING INITIATIVE IN FIXING THEM****
DodgersFTW is online now Report Post Edit/Delete Message