Thursday, September 18, 2003


Posted by Johnnymac 11:54 PM
Friendship Club tonight. 3 Hours of 3-6-(12) holdem and $18 of profit.

Considering that I was already planning on starting this thing when I got home tonight, and considering how poorly the cards were running for most of the night, I fully expected that the new poker blog was going to be started with noble comments about how one can't expect to have a winning session everytime one plays cards. Then I hit just a couple of small hands and looked down and saw that I was not only back to even, I was ahead, not to mention that it was already approaching my self-imposed ending time of 10:00, so I decided to get up and leave. See you guys later.

The title of this new blog comes from a cliche that is familiar to all poker players - that as the game isn't designed to give any one participant a permanent advantage, eventually all of the cards are distributed equally in the long run and thus the difference between winning and losing isn't luck, it's skill. In that way, poker really shouldn't be considered a game of chance any more than should be forecasting the weather. That is, a certain level of variance is assumed and it's up to the player to interpret the available information and make an educated decision that maximizes expected value.

In the short run, though, luck contributes considerably to one's success or lack thereof, and when it's running against you, the short run sucks.

But that's all for tonight. It's late and I need sleep. More tomorrow.

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Random thoughts from a lawyer, an accountant, a commodities trader, an ex-Marine and a WSOP Main Event money finisher that don't know as much as they wish they did...

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