Poker Players
topic on 5 shows · 10 statements across 7 episodes
the Knowledge Project
My First Million
the Startup Ideas Podcast
Capital Allocators
All-In
10 statements about Poker Players, every show
Alan Keating: Poker players fundamentally look either to fold or call
“I think fundamentally there's two, two types. One person looks for reasons to fold, and one person looks for reasons to call, right?”
Negreanu: Doyle Brunson Called Poker Pros Gamblers Who Found a Beatable Game
“Doyle Brunson had that famous quote once. It was on a TV show where they asked him and he said, you know, we're all really just degenerate gamblers. We just found something we could beat.”
Negreanu: Most Gamblers Cut Winning Sessions Short and Chase Losses
“I'd say a pretty common leak for 99% of poker players or gamblers in general is when they're winning, you know, everything's great or whatever. They don't play as long. They'll be like, all right, I'm gonna take my winnings. I'm gonna leave. Whereas when they'…”
Negreanu updates his mental poker strategy every three to four years
“Every three to four years, I'll update my own software, my mental software by learning the things that they're learning.”
Choi: Poker players are probably the best sports and gaming app customers
“When you think about it, poker players are probably the best customer that you can have when it comes to like sports and, you know, games and people who would use apps.”
Jenny Just: Less than 10% of global poker players are women
“Of the more than a 110 million plus, nobody really knows the number, poker players in the world, less than 10% are women.”
Nate Silver: Only about 10% of poker players profit long term
“In poker where only 10% of players probably make money in the long run, you have to be very, very detail oriented.”
Nate Silver: Good poker players fold around 70% of their hands
“Good players fold 70% of their hands for the most part, right?”
Visser: Elite Traders and Poker Players Minimize Drawdowns by Halting Tilt Early
“And I think the best poker players have that ability of being aware when they're on tilt and then bring it back very quickly before they make a mistake. It's about minimizing mistakes, minimizing drawdowns, which again gets back into less times of being anxiet…”