Raise or Fold:  A Year of Risky Business

Writing and playing poker as if they were activities worth doing well.

Friday, September 4, 2009

Phil Galfond Has Some Interesting Stuff to Say

You might want to check out this post. A sample:
If you make a big bluff and get picked off, your mind processes what happened as: I Bluffed --> Pain. It's kind've like how if you touch fire, you learn: I Touched Fire --> Pain. You're hesitant to touch fire, and sometimes you find yourself hesitant to bluff (or make some other thin play), especially since we remember the bad more readily than the good.

It's interesting how I'm never hesitant to make whatever play I think is best when I have the stone cold nuts. Whether it's to fastplay, slowplay, do something weird with timing or betsizing, whatever, I'm totally comfortable making whatever play I think is logically best. I never have had to associate check raising the river with the nut flush with losing money. In reality though, the play you make with the nuts can easily be as costly as a play you make with six high, in terms of EV.
It's pretty interesting to eavesdrop on what one of the best poker minds of his generation thinks about when he's up with insomnia.

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1 Comments:

Blogger NewinNov said...

The article by Galfond was interesting but I also liked the book suggestions by commentors that suggested, "The Black Swan by Nassim Nicholas Taleb" and "Fooled By Randomness" by Taleb.

9/6/09 12:37 PM  

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