Re:What Winning $250k at Poker Taught Me About Money
by friedman23 on Wednesday March 27, 2019 @06:07PM
(#19506638)
>who clearly isn't skilled but wins anyway, poker fans really don't want to face the reality that the game is mostly luck.
A game of poker is not one hand of poker. It is typical in poker games to be all in and have a 70% chance of winning. If you are playing a bad player and you go all in 5 times against this person with a 70% chance of winning is there any luck involved? To me it looks more like printing money.
>Another issue with poker - at least Texas Hold'em - is that the best strategy is folding 90% of the time, which is just boring.
A game of poker is not one hand of poker. It is typical in poker games to be all in and have a 70% chance of winning. If you are playing a bad player and you go all in 5 times against this person with a 70% chance of winning is there any luck involved? To me it looks more like printing money.
>Another issue with poker - at least Texas Hold'em - is that the best strategy is folding 90% of the time, which is just boring.
You should not be folding 90% of the time.