Can Poker help with decision making?

by Manthra Koliyer Posted on 19 Sep, 2020

Life is all about decisions, small or big! Poker is a skill game, but as much as you’re skilled you also need to take the right decisions to ace the game! Good decision making skills will help you in the game as well as in life. Let’s take a look at how Poker could help you while making decisions:

Life is like Poker

Every Poker table has people with different energies, clues about the game and a lot more going on! What we need to keep in mind is to stay zen at all times and concentrate on the game. Decision outcomes are determined by a combination of  several skill. You can see the reaction of other players when they view their cards and can use opponents’ bets as hints for your hand, but you need to know when to hit and when to wait!

Thinking in bets

Start approaching situations like a poker player. Let’s say you are thinking about a major life-changing decision. You need to think more objectively and rationally while evaluating. By keeping in mind the people involved, consequences and the probabilities of what would happen if the outcome is not what you expected will . By doing this, the returns of each scenario will be reflected in a long term of fulfillment of analyzing everything beforehand. 

Know your goals

Your goal shouldn’t be to calculate the exact percentages of success or failure for each scenario. Thinking in advance forces you to become less emotional during a game as well as in real life about situations and leads you in the right path. Having a group of trusted friends or family members with whom you can share your final goal is important. To improve our decisions and reach the goal, you need intellectually diverse people who think independently and share their opinions timely. This will ensure you are always motivated and keep thinking about the larger picture at all times. 

Lastly, in a world of uncertainty and hidden information, a person will only stay sane if they make timely decisions. Committing yourself to a decision, and working rightly will make you win at the Poker table as well as in life. To learn more about how Poker can benefit you in investing and other walks of life, keep reading GutshotMagazine.com

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