The Hard Truth Of Poker — And Life: You’re Never ‘Due’ For Good Cards - Deepstash

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The Hard Truth Of Poker — And Life: You’re Never ‘Due’ For Good Cards

The Hard Truth Of Poker — And Life: You’re Never ‘Due’ For Good Cards

fivethirtyeight.com

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Gambler’s Fallacy

The odds are always fifty-fifty. But most of us anticipate better odds, or better luck, after a bad streak, as if now we are due for good luck.

This ‘Gambler’s Fallacy’ assumes that probability as a whole has memory, and if the coin is flipped ten times and shows ‘head...

Maria Konnikova, in her soon to be published book The Biggest Bluff, tells us that Poker is a real game, closer to life as opposed to the modern games which try to ‘game’ our brains’ and exploit its weaknesses.

Poker pushes us out of our comfort zones and illusions and puts us...

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