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...other words, don’t try real gambling if you??re not ready to possibly do it wrong and suffer the consequences. “For the majority of Americans, I’d say the best advice would be play for play money,” Ian says...
...saying goes, the next best thing to gambling and winning, is gambling and losing—and that bodes well for professionals. Forget skill and luck—all you have to make sure is that you??re better than the next guy, and the multitudes that have flocked to online poker in recent years have ensured that there is a consistent crop of bad players. One of Ian’s friends said he liked gambling because he is “surrounded by inept people, yet none of them are his boss, and if they...
...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...
...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: the trick is to play at levels at which you have a negligible risk of going broke, but you??re still able to make a significant profit...
...ways, it’s harder to be a professional gambler than to work on Wall Street because on Wall Street, you??re really screwing around with other people’s money,” Ian says. “To be blunt, a lot of them really don’t have enough of their own skin in the game.” Though some poker players might be capable of beating a bigger game, they don’t move into higher stakes because they know that their bankroll can’t withstand...