The Connection Between Poker and Business


Poker is a game of chance, but it also requires some skill and psychology. In fact, poker is a great way to learn the principles of risk-taking and decision-making that will help you in your career and in life.

In the beginning, it’s easy to get hung up on the game’s rules and strategy. But if you take the time to truly study the game, you will quickly find that poker has much more in common with business than you might think.

First, poker teaches you the importance of being self-controlled and thinking long-term. This is a valuable skill that will benefit you in all areas of your life, from personal finances to business dealings.

Next, poker teaches you to be patient. It is important to have a long-term approach when playing poker, as there will be many times where your luck will run out and you will lose. By learning to be patient, you will be better equipped to weather the bad patches and focus on improving your game in the long-term.

In addition, poker teaches you to read your opponents. By observing your opponents, you will be able to pick up on their tells and learn their reasoning behind their actions. This will allow you to make more accurate calls and be a tougher player at the table. In addition, this skill will benefit you in your daily life as it will help you understand the motivations of people around you.

Lastly, poker teaches you to be creative with your betting lines and protect your ranges. It is easy to fall into a rut and be predictable at the poker table, but this will limit your EV potential. By being creative with your bet sizes, you can create an edge over your opponents and improve your bluffing abilities.

The best poker players are always evolving their game and looking for ways to make small improvements to their play. They will often study their results and discuss their plays with other players to gain a more objective perspective on their strengths and weaknesses. By constantly improving, you will be able to achieve more and more success at the poker table and in other aspects of your life.