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Life Is Always Where We Are

Posted by Ed Reif» on - - 0 comments»

A good poker player is like a good QB. The Quarterback uses "the facts" before him to make adjustments, but sometimes the decision to "call an audible" is based on a "gut feel" for the situation. Some of the greatest plays ever have resulted from the QB calling an audible and changing the play.

Poker is a game of incomplete information, a game of situations. Q
B's are skilled at reading situations and being able to change plans "on the fly" in real time, under great stress.

Playing Poker When You Are short-stacked: The Hail Mary Flutie's Miracle in Miami Mistaken Agenda raises the risk of getting nothing over the possibility of a windfall! Winning in this way also has a way of turning money into problems. See an episode of THS Investigates: Curse of the Lottery!
Been there. Done That.
Rockstar Poker:
When you lose, you lose money,
and when you win, you lose the value of money.

Thinking is something that we do, not something that happens to us. It's not a feeling; it's a verb!

We like to think that we are thinking, but apparently a lot of our choices, at this point, in the HAIL MARY Offense are automatic. Especially when we are on the negative energy budget called TILT-taking more risks, unaware of risk free choices! like getting up from the table.

Making the wrong mistake at the right time--spotting someone the nuts and sucking out---works every time except once! -In fact, Poker on TILT plays, not like a sport, but a concussion. In a New York minute, an ACME anvil pancakes you, and then a split second later, you’re expanded - accordion-style - back to normal, like some tempurpedic mattress. It’s a formula of ins and outs, need and speed, aggravation and acceleration. Beep! Beep!

Ed Reif's brain is not " risk" averse, but "lose" averse... Last night, I got pocket Aces two times in a row, and re-raised All In twice to take down the small pots. I won small pots, not chips ---because AA win small pots and loses big ones--I had to do that because too many callers would have set me up for a bad beat-I had to isolate. I'd go heads up all-in with anyone and any two cards The optimal number of callers in any pot is not one however, it is zero! That's why first in money has so much "fold equity".


You can never get enough of what you really don't want. For instance: Playing to many starting hands, the Lay's Potato Chips "I can't eat just one" rookie style, becomes an all-you can eat buffet. It's like shopping when you're hungry. You buy too much....you should be folding 6 out of 10 hands in a full table cash game.

It is impossible for us to learn what we think we already know. At some point in our game we realize the poker world is divided into two categories, JOES that learn something new everyday, and PROS that un-learn something everyday. Guess who does the dividing?

Allow me to sound like a thing from another tax bracket, and quote some proud members of the right wing conspiracy, “We rich are different. We know when to leave.” Think Enron, Tyco, Global Crossing? Most of those guys knew when to bail. You can put lipstick on a pig, but it’s still a pig. Most poker pigs end up making hogs of themselves. They never get disgruntled.


On the other hand, Poker is about living with and moving through ambiguity---The Biology of Fear: Fight or flight—doesn't allow for that. Guys like Warren Buffet have leapfrogged over this common inate weakness---the inability to stay in the scary situation to create a better future response. There’s an evolutionary advantage to being able to hold off the reflexive fight-or-flight response while you work out a more sophisticated analysis of the situation and your options for dealing with it.


The human brain wants to take risks. Small but steady gains are not enough to keep the Hail Mary Agenda alive. It needs a higher hope in striking it rich , a windfall.

The Poker Universe always has the first move. There’s uncertainty with every hand? Yes, it’s always a coin flip, not always 50/50, sometimes 60/40.


Taking the 60/40 gives you a competitive advantage—it is part of the first rule of gambling/investing: Don’t Gamble.


We are, really living in a state of not knowing. Poker is a game of partial information. The right Brain nevertheless, cannot bear not to know, struggling with the here and now, and in a sense, is struggling with the entire universe-or should I say YOUniverse. Poker courage is doing it with heart, empowered and fully engaged without attachment to the outcome-Sure you want to win, but don’t personalize it!

Your left Brain Knows the 60/40 end of a proposition--- when to hold em and when to fold em--- when you have some competitive advantage over somebody else is so money. Don’t bet, Don’t gamble, Don’t invest, unless you have some competitive advantage.

Poker is a game of partial information, and when you have a competitive advantage you have to take into account this and, more important, behavioral factors. Read my post: What You Think Is Right Is Wrong With Your Game---The power of mind over money is rooted in mental bias .


What you believe is “real” will be real to you in its consequences---Reframing is a technique that reinterprets challenges, events and conflict, and maintains it in all its richness but helps you look at it in a more open-minded and hopeful way. Learn how to change your beliefs about bad beats, re-interpreting (reframing) what it means to lose, and what it means to be wrong. In essence, you have to change many of the beliefs that cause you to interpret poker information in a painful way. Otherwise Pain is For Sale, and you can’t get enough of what you don’t want. Give yourself a free pass to explore a different mind set.

What we perceive as reality is only a canvas waiting for us to draw upon it any picture we want. Create a whole new set of beliefs that allow you to see from a WTF carefree state of mind, as well as a set of beliefs that always compel you to act with rational self interests. You want to reach a point where you’re playing without hesitating, very much like the way Eli Manning played the last minutes in The Big Game.


Life 101’s DNA has programmed certain instructions to act, and then we are told by the culture how to act. And while we have to honor the reality of these things, at the same time, we have to reflect on the implications that carrying out these instructions would have on your poker game.


Fear For Sale: These top three fears come from the belief that we can change---the fear of being wrong, the fear of losing money, the fear of missing out and the fear of leaving money on the table.
There’s a saying, Biology is biography---the sum total of your “stress”ful thought creates your health/dis-ease situation—Ulcers, once badges of distinction of “Hard working” Fortune 500 executives, has begged the question, Why don’t Zebra’s get ulcers?

---because they don’t play poker! Not really, because they don’t have Prefrontal cortex dysfunction”.er I mean, To see patterns that aren’t there--- Pattern recognition in random data---the characteristic conceit of our species—to see Order in chaos— Holdem is too random to be left up to chance.


In the United States of Unconscious gambling--- our greedy national brain is always hallucinating. Our shared prediction addiction, delusions of references,lucky "streaks" and "rushes" make the gaming world safe for hypocrisy. Unfortunately we cannot outperform animals, when tested for this. That’s why Zebras don’t get ulcers. They don’t have 'common neural currency' for valuing the many different kinds of opportunities and situations we face as human decision-makers.


A Revolutionary way to think of an Evolutionary flaw---Don’t get caught up in micro patterns-the cognitive illusions . . ZOOM OUT—Instead of ZOOMING IN! Our brains react quickly to patterns and minute changes in our environment. We are not equipped to handle the randomness of chip swings;a formula of ins and outs, need and speed, aggravation and acceleration. It is "unnatural" and therefore, we attempt to create a storyline-- meaningful patterns---where there are none and base our poker decisions on erroneous assumptions.


The good news is that awareness of this phenomenon can make us better players.


psychology-based poker theories

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