Tag Archives: poker

5 More Lessons About Blogging Learned From A Poker Tournament

On Saturday I decided that I deserved a break and went to the casino about 40 minutes from my house. My intention wasn’t only to play, though; I had decided I was going to enter the tournament.

For those folks who have never played a poker tournament but know the general rules of poker, let’s say that it’s an exhilarating experience. From the time you start until the time you’re finished you’re always on your guard. I want to say more but I think it’ll mess up what I’m going to write here, as I’m going to expound on a previous post that I wrote about a year ago titled 5 Keys To Winning Poker Tournaments And Blogging, which expounded on my post titled 5 Things Bloggers Can Learn From Poker.
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Pot Odds In Internet Marketing

Many of you know how much I love going to play poker. I get a lot of enjoyment out of it because I love the camaraderie that eventually is created by spending just a few hours with a bunch of people you’ve never met before, commiserating with everyone else who’s either won a big hand or gotten beaten in a big hand. We’ve all been there, and we all have stories to share.

One thing I like to believe I’m good at is figuring out what the odds are that my hand is good or not. Of course, having a good hand doesn’t always mean it’s a winning hand, but more often than not it works out just fine. What I’m not good at is figuring out the numbers, as in what the actual percentage is that favors my hand.

I was reading a blog post called Easiest Way To Understand Math In Poker, where the writer, named Mitchell Cogart (knew I liked him for some reason) was giving some formulas for how to calculate it fairly quickly. It’s still somewhat beyond me, mainly because it takes time to do those calculations, and unless I was playing in a tournament, I don’t like taking that kind of time figuring out anything.

However, it’s the other thing he was talking about that starts to get me into the point of this post. There’s something called pot odds that, to poker players, is very important and very intriguing. In essence, it’s figuring out how much the pot is worth to you in odds versus the odds of you having a winning hand. Just to throw out numbers, if you only have a 30% chance of winning a hand, but the dollars in the pot come out to you having a 55% chance of winning the pot, many poker players will take a chance on the money rather than their hand because they perceive the dollars are so high that you can’t afford NOT to play the hand.

I hear this on poker commentary sometimes on TV. The guy will say “there’s so much money in the pot that so-and-so absolutely has to call the hand, even though he’s going to lose.” On TV, you always know what the players hands are, so you know who’s going to win or lose. But the players don’t know that, so you see them taking time, running through all the calculations in their minds, and then they’ll pull the trigger on hands that most of us would say we know better than to play because we have no idea on how to calculate pot odds.

In a way, you can relate that to trying to learn more about internet marketing. There are a lot of products out there that will teach you something about it. Some are very good and some aren’t all that good. However, what most of us believe is that the more expensive something is, the more we should be getting out of it. Truthfully, that may or may not be true. The “pot odds” are in your favor; after all, why would someone put a $500 product out there that wasn’t going to deliver on what’s been promised, right?

Here’s the thing. Just like everything else in life, nothing works for everyone. It’s possible that the $500 product might tell you everything you need to know to make money, or it may not. It may tell you things to do that your morality won’t allow you to do. For instance, if it said that in order to make lots of money you have to kill a lot of puppies, would you do it? If it said that you had to do what’s known as black hat principles, would you do it?

While I was at my mother’s house on Friday, she was watching this network that was advertising a program called Kell On Earth, about this fashion designer who’s very successful. However, she’s a terror; there’s no way I’d ever want to deal with that type of person on a yearly basis, let alone a daily basis. She berates her employees and other people around her, but justifies it by saying she has to do what she has to do to stay at the top. I’m sorry, but if you have to treat people as if they’re inferior to you then I don’t want to be successful. It’s not my style, and I couldn’t live with myself. Yet there are thousands of people who subscribe to that and believe it’s the way to go. Notice how some are successful, but others aren’t? Once again, no one size fits all.

Some folks thought I was being too lenient when I reviewed Six Figure Blogger Blueprint. The thing is, the book wasn’t really for those of you who have been doing this for awhile. It was also free, not a full course on internet marketing. It got me thinking about things, and any book that does that for me works for me. We all judge things differently. We have to know ourselves, and what we might respond to. Like that book to the right side there, 20 Ways To Make $100 A Day Online. I bought that book, and I think it was perfect for me because I was able to take just one of its principles and turn it into a way to make money. It wasn’t overly expensive, but turned out to be just what I needed. I calculated my odds for finding something I thought I could use, and I turned out to be right.

How do you determine whether something might work well for you or not? Do you even try anymore? I say that at the risk of jumping into Sire’s response, because I know he’s said more than once that he won’t pay for anything anymore, after being burned many times early on. Has that happened to some of you as well? I’d really like to know.

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5 Ways Poker Is Like Blogging

Many of you know that I love playing poker. I’ve talked about it a few times here. I talked about it when I was in Reno last year around this time. I talked about it when I talked about the psychology of gambling. I talked about it when I wrote about my first big poker tournament this summer. And I talked about it when I talked about joining the affiliate program for Pokerstars.

I think about poker often. I don’t go to the casino as often as I have in the past, mainly because my income is a little lower than it was, so I have to pick and choose when I can go. I’ve also learned a couple of things about my game, which is odd and strange, and in a way, can relate to blogging. I’d like to share 5 things that seem to tie poker and blogging together, at least for me.

1. When I’m tired, I don’t play poker or blog all that well. I think that when I blog when I’m very tired, my articles aren’t all that good. Some might think they are, but I don’t feel much for them. Only when I’m tired does blogging feel like a chore. The same actually goes for poker. When I’m tired I really don’t want to be there, but sometimes I stay because it’s late in the evening and I also don’t feel like having to get up from the table if I don’t have to. I lose money when I play tired, and I’ve often wondered if I lose readers when I blog tired.

2. I actually have times when I blog and play poker very well. Most of you know that, unless I’m doing a research post, I write my blog posts fairly quickly. My mind is clear in what I want to say, and I can produce some pretty good posts, if I say so myself. The same goes for poker. Oddly enough, if I tell myself that I’m going to the casino during the day and I’m only staying 3 hours, I almost always come home ahead. There’s something about being focused on a goal that works really well, no matter what it is. The same also goes for chess, which Sire and I play through email. When I’m focused, I see the board 5 moves ahead in my mind and I play very well; I just need to write down those moves when I’m in the zone. 🙂

3. I love poker and blogging because of the camaraderie. When I play poker, I’m not only there to try to win. I love talking to people, and many times, I’m sitting at a table with all new people, which seems strange for as many times as I’ve gone over the years. Every table has a different vibe, but there’s always someone who wants to talk. and when I do get to play with people I know, it enhances the day even more. Knowing the dealers brings at least some stability to the process.

When I blog, I know most of the people who are coming to make a comment. When new people come, I know it’s a new opportunity to make a connection with a new friend. Every post brings a new perspective from someone, whether I know them or not. I have a great time with it, and it’s one of the reasons why I love blogging.

4. I understand poker, and I also understand blogging very well. I may not always make money when I play poker, but I really understand all the nuances of the game. I know when to bluff and I know when to go all in. I know how to stick around and wait for a good hand. I know how to pace myself based on the time limit I’ve set for myself. And I know when I’ve devoted too much time to it, even if I don’t always listen to myself.

The same goes for blogging. I really do understand blogging a lot. I know how to craft posts. I actually do know the process for putting together posts that have a lot of keywords and linkbait associated with them; I just choose not to do it. I could blog all day; I write for other people’s blogs here and there, and if my entire life was just writing blogs and I could make a full time living from it, life would be sweet. I like to think I know how to engage people. Sure, I might not make a lot of money at it, at least right now, which is like not winning all the time at poker, but I know some things, and I’m going to hopefully apply many of them over this next year.

5. I have fun playing poker, just like I have fun blogging. Fun is what it’s all about after all. Poker is my favorite offline activity; blogging is my favorite online activity. With each, I meet new people all the time that are engaging. I get to hear and read other people’s stories and words. I get to participate in the process. I sometimes make money, which is never a bad thing. If I didn’t have both poker and blogging, I don’t know that my life would have much enjoyment in it. Well, okay, my wife and I have a lot of fun, but you know what I mean. 🙂

Both of these things really are passions of mine. I don’t have a lot of passions, but these two are enough for me. What are your passions, things that you enjoy, that you know very well, that you could probably do better at but don’t because that’s not the most important thing to you? And, do you really enjoy blogging as much as I do? I’d love to hear about it.