Word: gamely
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...leaking money and where he’s going wrong. He keeps tabs on other players for play tendencies to qualify his future decisions with that information. For all the conceptions of poker as a sport of luck, most professionals emphasize the importance of decision-making in the game. “Do I fold, do I raise, or do I call? Whoever makes better decisions wins over the long run,” Darkhawk says. “You’re always executing decisions, and you’re trying to make profitable decisions every time...
Hawrilenko, who now lives in Back Bay, describes his overarching perspective on poker as a “game tree.” Every time he or one of his poker friends chooses an action—whether to raise, fold, or call—he’s taking a different branch of the tree, which is composed of all the possible moves and all the possible ends. As you move up the tree, it narrows down to what is called your distribution, or the hands you can possibly hold. Professionals, Hawrilenko says, try to maximize the value...
...wagered with no guarantee of the outcome. The description sounds a lot like poker—every hand has a good or bad outcome. It’s the mere possibility of the former, coupled with the ease with which it can happen, that draws legions to the game. But many experienced poker players chafe at the use of the term “gambling,” wincing as soon it’s mentioned and politely interrupting to clarify the distinction between gambling and card playing—well, at least their form of play...
...doing, I know and have calculated—not completely, exactly. But over the long run, I’m going to make money.” A skilled poker player will have reduced his risk until he is confident of the results of his game, according to Darkhawk. With all its connotations of irrational risk-taking and unpredictable outcomes, gambling is no longer an applicable term when the game of poker has a firm foundation in analytics and intellect. Yes, one can never determine the outcome with complete certainty, but the game is no longer a crapshoot. In fact...
...your bankroll, you would be foolish not to take up the deal. The first 10 tosses might not generate any heads, leaving you $100 down—but in the larger scope of things, in a world attuned to the rules of probability, you will leave the game having gained a profit. But now, say the stakes are upped and instead of $11, your friend has to give you $110, and instead of $10, you have to give him $100. You could wipe out your entire coffer after 10 coin tosses. The idea is similar for smart poker-playing...