It may come as a surprise but many poker concepts can actually be learned by studying other disciplines. For example, there are so many parallelisms between poker concepts and business. Various companies must make crucial decisions based on the net present value of money. In the simplest terms, this means that you would assign a… Continue reading Understanding the Net Present Value in Poker
Tag: poker stats
Why Einstein Would’ve Made a Good Poker Player
Thanks to cheesy Hollywood movies, some people think that poker is all about mindgames: outwitting the opponents, making a cool bluff. Take the phrase “poker faced”: expressionless, unreadable. They get the impression that Poker is about knowing how to tell a good lie. Well, possibly, but some “mindgames” are basically about good math. Yes, math.… Continue reading Why Einstein Would’ve Made a Good Poker Player