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Mariuslol Norway. May 25 2009 07:15. Posts 4742 | | |
Hey, just gonna update from my last entry. More of the important stuff in the "The Poker Mindset" book, and continue from where I dropped off :-)
Overcoming Your Instincts
Actions and Reactions
- In poker, the link between action and reaction (or in this case, between decision and results) can be difficult to identify.
- Just because you are winning does not mean you are playing well, and just because you are losing does not mean you are playing badly.
- In poker, the laws of action and reaction do apply, but in a very different way than in everyday life. The results of your actions will be extremely volatile in the short term to the point where they are almost not worth worrying about.
- Make sure that when you make a link between poker play and its results, you are looking at the result of many, many trials.
Setting Goals
- Broadly speaking, setting poker goals for yourself can be good, but they should never be monetary targets. There are three important reasons why:
1. You have limited power to achieve monetary goals.
2. Conclusions are difficult to draw when you miss a monetary target.
3. Monetary targets detract from your true goal (making correct decisions).
- Setting goals in poker is important, but they should fulfill two important criteria:
1. You need to have the power to directly achieve the goal
2. The goal must not conflict with or detract from your ultimate aim of making the best decision as often as possible.
Is "Average" Acceptable?
- If you are an average player at poker, then you are losing money. Poker is one endavour where average is simply not good enough.
Risk Aversion
- No matter what attitude a poker player has toward risk in his everyday life, he must adopt a risk-neutral attitude when sitting at the poker table.
- A player who tries to play poker in a risk-averse manner may be prone to the following:
- Chasing opponents out of pots too often
- Not value betting enough
- Playing in less-profitable games
Greed
- When playing poker, you need to get rid of all pretenses that greed is a bad thing. Greed is not only acceptable when playing poker, it is vital.
Woolly thinking
- Woolly thinking is any line of thought that contains a logical flaw - any deduction that, when you break it down, does not make sense. The problem when playing poker is that every bit of woolly thinking will cost you money.
- Some types of woolly thinking in poker include:
- Considering irrelevant variables
- Misunderstanding probability
- Results-based thinking
- Spurious regression
- Acting on principle
- Superstition
Summary
- It is important that you break out of the pre-programmed thinking patterns and develop a new kind of intuition that we call the Six Truths of Poker Intuition:
1. Actions and reactions are only tenuously linked.
2. Setting short-term monetary goals is counter-productive.
3. Average is not an acceptable standard in poker.
4. Risk neutrality is the only acceptable attitude to risk.
5. Greed is good.
6. Clear logical thought is required.
*Stretches fingers!!*
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qwerty67890 New Zealand. May 25 2009 07:31. Posts 14026 | | |
Im not sure where i stand on woolley thinking.
I make a lot of reads based on screenname, location and avatar. |
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genjix China. May 25 2009 08:03. Posts 2677 | | | |
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Mariuslol Norway. May 25 2009 11:53. Posts 4742 | | |
| | On May 25 2009 06:31 byrnesam wrote:
Im not sure where i stand on woolley thinking.
I make a lot of reads based on screenname, location and avatar. |
In the book when it's more explained, it's more in the lines of. Let's say you are up for a session, then you start to think bad, in a way like, hmm, im finally up 400$, i don't need to call this, i might loose it all, rather just fold and call it quits
And like, hmm, I've missed my double ender flush draws all evening, I cba calling this. Or other way around, I've hit so many times, dun care if it's overbet.
And like, oh shit, another A7 hand, I've won so much with it 2 last days, dun care if he just 3bet me and he's a nit, im so in!!
That kind of thing xD |
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lazymej Canada. May 25 2009 12:43. Posts 2897 | | | |
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