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Message: [QUOTE="GCB, post: 1240887, member: 57911"] [URL]http://www.learn-texas-holdem.com/texas-holdem-strategy.htm#the-life-long[/URL] [B]The life-long poker game[/B] Why do some players win and others lose when everyone gets the same amount of cards? [B]Luck plays a very small role when you start thinking about how many hands a player plays in the course of a year. And remember that each player has the same chance of getting lucky too, so even that isn't biased.[/B] Poker is almost exactly like investing in business. The best investor is a person who takes calculated risks and puts their money into ventures that they think have a good chance of succeeding. Have you ever seen a successful investor that put his money into every stock and continued to do so despite the fact that it has lost all chance of improving? That seems crazy right? But if you play cards you'll see people doing that every day in every hand. They will start out with a hand that would take a miracle to win. Then after seeing the flop with little or no help, they invest more into it either ignoring or oblivious to the fact that another player has a better hand. This continues until the showdown where the majority of the time a smarter player/investor gladly takes their money. Notice that I used the word "majority". What's great about poker is that occasionally their miracle happens and they win a pot in spite of their bad investing, in spite of the odds, and in spite of their lack of skill. The reason this is so great is because once they win a little here and there playing badly, they won't stop. [SIZE=3][B]In psychology the strongest type of conditioning is random reinforcement. The bad player getting lucky sometimes makes him a liner of the skilled players wallets for life.[/B] [/SIZE]So as you have guessed, you can't be a winning player if you play every hand. A much more selective strategy is necessary. You need to "tighten" up, meaning playing fewer but better hands then your opponents. [B]You need to take calculated risks and put your money behind them. [/B]Another analogy is a sniper. You wait for your cards, your mark, and when it makes itself visible you fire, kill, and take the pot. A bad players approach is like a soldier using a machine gun firing away into the distance. Sure something may hit but this isn't the movies, eventually you'll run out of ammo (chips) so you better take your shots more wisely. [/QUOTE]

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