Poker Strategies
After receiving pocket cards, you are immediately faced with a choice: play your cards and either raise or call the blinds, or fold.
Practice Matters
This notion, that luck has a cumulative tendency to change,
This notion, that luck has a cumulative tendency to change, is known academically as the doctrine of the maturity of chances. Mathematicians have for years referred to it as "the gambler's fallacy." But gamblers—many of them brilliantly educated persons—go right on believing in it and losing their money on it. The theory of probability is not that a player will be dealt a run of good hands after a run of bad hands. It is that in the long run the cards will be just as good as anybody else's, which is something very different.
"Very well, then," I think you may be saying,
"Very well, then," I think you may be saying, "my opponent can indeed be luckier than I am, hand for hand, game for game, night in and night out. Now what?" You have raised the question: "What is luck?" Well, my dictionary defines luck as "that which happens to a person as if by chance; a person's apparent tendency to be fortunate or unfortunate."