Poker is one of the very few casino
games that are like trading. Unlike other games where the casino keeps the odds
in their favour in poker there are many ways to get an edge over other players
at the poker table. The way you play the odds can give you an edge, folding on
bad hands quickly and playing the best hands only give you an advantage.
Managing risk per hand can keep you in the game while others blow out. Sticking
with the odds instead of letting emotions take over is another big advantage
over other players. I have a buddy that plays well in poker tournaments and it
is odd how we can talk about the same elements of strategy that matches both endeavours.
Both poker and most financial markets are zero sum games where money flows from
those who do not know how the game works to those who do.
1. “Living in the past is a Jethro Tull
album, not a smart poker strategy.” -Richard Roeper
2. “The
beautiful thing about poker is that everybody thinks they can play.” -Chris
MoneyMaker
3. “If
there weren’t luck involved, I would win every time.” — Phil Hellmuth
4. “If
you can’t spot the sucker in the first half hour at the table, then you are the
sucker.” — Matt Damon in Rounders
5. “The
cardinal sin in poker, worse than playing did cards, worse even than figuring
your odds correctly, is becoming emotionally involved.” -Katy Lederer
6. “You
cannot survive without that intangible quality we call heart. The mark of a top
player is not how much he wins when he is winning but how he handles his
losses. If you win for thirty days in a row, that makes no difference if on the
thirty-first you have a bad night, go crazy, and throw it all away.” -Bobby
Baldwin
7. “When
we play, we must realize, before anything else, that we are out to make money.”
-David Sklansky
8. “Poker
may be a branch of psychological warfare, an art form or indeed a way of life –
but it is also merely a game, in which money is simply the means of keeping
score.” -Anthony Holden
9. “The
real things to know are that folks will stand to lose more than they will to
win. That’s the most important percentage there is. I mean, if they lose,
they’re willing to lose everything. If they win, they’re usually satisfied to
win enough to pay for dinner and a show. The best gamblers know that.” -Pug
Pearson
10.“Poker
reveals to the frank observer something else of import—it will teach him about
his own nature. Many bad players do not improve because the cannot bear
self-knowledge.” -David Mamet
11.“Limit
poker is a science, but no-limit is an art. In limit, you are shooting at a
target. In no-limit, the target comes alive and shoots back at you.” -Crandell
Addington
12. “In
the absence of any mathematical explanation, one thing is for certain; if you
engage in games of chance long enough, the experience is bound to affect the
way you see God. Successfully draw to an inside straight three hands in a row,
and you’ve got to be blessed. But if you’re the person drawn out on, the one
whose trip aces just got snapped for the third time, you will go home feeling
cursed” -Andy Bellin
13.
“The
strong point in poker is never to lose your temper, either with those you are
playing with or, more particularly, with the cards. There is no sympathy in
poker. Always keep cool. If you lose your head you will lose all your chips.”
-William J. Florence
14. “It
never hurts for potential opponents to think you’re more than a little stupid
and can hardly count all the money in your hip pocket, much less hold on to
it..” -Amarillo Slim
15. “Poker
is a lot like sex. Everyone thinks they are the best, but most don’t have a
clue what they are doing.”— Dutch Boyd
16. “Money
won is twice as sweet as money earned.” — Paul Newman in The Color of Money
17. “Last
year people won more than one billion dollars playing poker. And casinos made
twenty-seven billion just by being around those people.“ -Samantha Bee
18. “Nobody
is always a winner, and anybody who says he is, is either a liar or doesn’t
play poker.”-Amarillo Slim
19. “Poker
is a game of people – it’s not the hand I hold; it’s the people I play with.”
-Amarillo Slim
20. “It
is better to make people think you are a bad poker player, then to play and
remove all doubt. Don’t play to impress – play to win.” –Michael Gersitz
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