Word: poker
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...Darkhawk requested his online moniker be used instead of his real name for this piece, expressing concern that his gambling activity could have ramifications for his impending graduation. He says that if he does find a good enough job, he’ll probably play poker on a more recreational level—but for the moment, the game is proving to be too lucrative to push into the realm of second options...
...nobody—much less professional players—knew who he was a little less than a decade ago. Through a $39 buy-in satellite tournament online, the then-27-year-old accountant from Tennessee won a seat in the main event of the 2003 World Series of Poker, where he won the first prize of $2.5 million. The crowning of a regular Joe as World Champion had seismic effects: interest in poker spiked—a trend that has been dubbed the “Moneymaker Effect”—and hobbyists emerged from the woodwork...
It’s an uncomfortable truth: in any one game, the worst player can beat the best player in the world. “That’s certainly one thing that makes poker sexy to the average guy,” says Matt Hawrilenko, a 27-year-old professional poker player who graduated from Princeton in 2004, where he worked in the dining halls for financial aid. “In any given day, you can beat the best. Or, certainly, in any given day, you can compete with the best. The average guy is never going...
...factor can detract from poker’s meritocratic sensibilities. But the fact remains that there are bad players. And then there are professionals whose faces make repeated appearances at the final table of World Series events. It’s dangerous, many professionals say, for people to play poker with the idea that luck will constantly provide an edge. More than three-quarters of all poker players are losing players (“There are a lot of people playing,” Darkhawk says. “A lot are bad”). In 2007, gambling industries?...
...while this may be true of compulsive gamblers, most professional players would argue that rationality constitutes the very foundation of their approach towards poker. Luck’s good side can push you towards a win, but professionals know that it’s not enough over the long run. They know that they need something more—and when they have it, they’re able to tame the game. That’s when luck is no longer in control. They...