Kim Scheinberg posted a really interesting article on BARGE that she found on Slate regarding the wisdom of buying insurance. While interesting by itself, if you look at the implications in poker or other gambling decision making, it’s quite enlightening. Most people like insurance because they dislike risks. Economists used to think that this tendency …
HDouble has broken his long silence and posted Learning to Beat the Game. Stop whatever you’re doing and go read it!! Photo borrowed from Flickr user cosmopolitan
Here is my post in response to my previous challenge. You’ve been folding every hand for the last three orbits. You’re getting ready to play any two paint cards from any position just to kill the boredom. You peek at the first card as it’s dealt to you and it’s and ace. “Great, here comes …
I was commenting on something over on the Full Tilt message boards the other day and I started me thinking about the concept of variance. First off, wild, loose, aggressive games are beatable. Almost by definition, if you play an optimal strategy you can win. In fact, because your opponents are making so many more …
I’m going to let everyone in on the biggest secret in poker; there is no secret! You can quit looking for that special book, video, website, etc. that’s going to turn your game around and make you into the next Phil Hellmuth Ivey. Poker books are like self-help books. Only a small percentage of people …