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Chess easily takes the cake. When we focus on the sheer number of variations, an hour of playing chess is vastly more analytical than a hour of playing poker. Chess may require vastly more memory about past situations on the chess board, and how they apply to their current position. But poker requires memory in a different way. Chess is harder. There is no variance in chess. One move is always better than the alternative. A grandmaster at chess could beat me 100/100. I'm not a pro poker player but if I entered the same tournament with a pro, more likely than not I will finish ahead of him/her most certainly more than once due to suck outs, bad beats, exc. In poker i've read 1 book (in contrast to over a dozen chess books) in my entire life, played casually online for few hours a week in the last year, and i'm up 200 USD playing micros. If there was a rating system in poker i would probably be something like 1500, but there are plenty of 1200s willing to play me for money in poker, not so in chess.

4.6/5 (21)

I started playing poker around a decade ago in college.

All I knew back then is that I wanted to be rich one day and getting a normal job wasn’t the path. Unfortunately there’s not plenty of opportunities for a 19 year old to get rich, and I didn’t know about internet marketing. The poker boom was in full effect and it seemed as if every Asian guy I knew was trying out poker. I figured I’d give it a shot since I’m good at math.

It’s easy to get attracted to the poker lifestyle. You could play at home and make tons of money. I watched all the TV shows and it seemed every poker pro was living a baller lifestyle. There was also this level of manly respect you can earn if you’re good at poker. There’s nothing like the high you can get when you’re on a winning streak.

I’m not pretending as if I was the next Scotty Nguyen, but in that short time period I was able to learn quite a bit. I quit when I realized internet marketing was a far better option for me. I didn’t just learn how to play poker but I dissected the information and applied it to my life.

Here are 10 lessons that I learned from playing poker that I still use today. The best part is you can learn these through 5 minutes of reading than grinding it out like I did.

1. Emotional Control

Emotions can fuck with your decision making process.

It’s easy to get pissed off in poker if you’re dealt bad hands, another player is shit-talking you, or you lost a hand you had only 1% chance of losing. The word for that is tilt and all your good decision making goes out the window.

I get on tilt sometimes from life and work and it’s important to recognize it. Sometimes I’ll get on tilt and my immediate reaction is to get revenge or payback. I’ll realize my emotions and just back off. I’ll sleep it over and not make any decisions I regret.

I’ve also worked on ways to control my emotions better. I meditate and workout. Every two weeks I’ll get a massage. If I’m in the heat of the battle then I’ll focus on my breathing.

You’ll never see me say or do anything rash. Everything I do is rational and calculated.

2. Firing Bullets

Firing bullets is when you make an aggressive bet pre-flop. Maybe you had an amazing hand. But when the 3 cards are shown, you have nothing. You can either leave the game now and take your losses, or keep betting to bluff people into thinking you have an awesome hand.

All I know is that it takes balls to fire the 3rd bullet.

What does firing 3 bullets mean in the context of life? It means being scared and doing it anyways.

I was scared as shit when I was about to quit my job, but I fired the bullet and quit.
I was in a bidding war against another guy. We were both bleeding money. I kept pushing and he left. I was #1 on that placements for months.

3. Look for Your Poker Leaks

A leak is a weakness in your game.

Maybe you call too much or you’re overaggressive when you have a pocket pair. They are bad habits and they’re the holes that can cause the boat to sink overtime.

Fixing the leaks requires you to analyze your own game plan. You can use software to help or bring in a coach that can spot them.

That’s great, but how can we apply this to our own lives? Well I’ve applied the concept to productivity where I’m always looking for leaks in my day.

I played DOTA 2 last year for fun but the numbers showed I spent 8 hours over the weekend. That’s when I realized I needed to quit half a year ago. That was a fucking big hole in my ship so I quit cold turkey.
I can work 25 minutes no problem, but then I saw I was taking long breaks. Now I do 50 minute work cycles, and use the timers in my Pomodoro apps for breaks.

You can have leaks in money as well. I checked my Credit card statement yesterday. I saw a software I paid $99/month for that I haven’t used in months. That was $400 I lost so far. I plugged that leak before I lost even more money.

Whatever situation you’re trying to improve in your life, look for the leaks.

4. Play the Hand You’re Dealt With

It’s easy to blame your cards or to blame luck for why you’re losing. But in poker you have to play the hands you’re dealt with.

Phil Ivey could turn your shit cards all night into magic.

Some people waste so much time and energy complaining about the cards they were dealt in life. Their parents weren’t rich, they were born ugly, or whatever. The point is don’t worry about the things you can’t change. How can you work with what you’re given?

Weaknesses can also be blessings in disguise.

I had to work my fucking ass off in college at the gas station. When I was 19 I wish that I was like the other rich guys who didn’t have to work in college and had nice cars. Now? My work ethic is on another level. Some of the other guys are almost 30 are losers now. They never developed the work ethic and they’re far too comfortable relying on mommy / daddy. (I’m generalizing guys to make a point)

Instead of wishing you had better cards, learn how to play with what you’re given.

5. Bankroll Management

Don’t blow your bankroll on stupid shit.

Bankroll management is essential in poker. if you don’t have money then you can’t play.

The first step to bankroll management is you need to keep track of your money. I have detailed profit / loss sheets of all my campaigns. I also use software like Mint.com to keep track of my spending. Super 4 blackjack progressive jackpot results. I can account for every single dollar so there’s no surprises.

Don’t play for more than you can afford to lose. My bankroll with affiliate marketing with $500 a month. This was money I earned from working and side gigs. I didn’t fund my affiliate marketing with money I didn’t have. (I’m looking at you guys who are newbies and want to fund your campaigns with credit cards).

When I increased my bankroll, I used that money to re-invest into the business to make the bankroll larger. Wasting the money on stupid shit is permanently decreasing the bankroll. Let your money help you make more money.

One more tip is not to live a lifestyle that you can’t afford either. You made $1k last night? You need to account for taxes and living expenses. Put part of that into a savings account that you can’t touch.

6. Dealing with Failure

You’re going to lose a lot in poker if you want to improve. Poker helped me develop a healthier way of looking at it.

Failure is feedback. If I lost that hand, did I make the right decision? What could I have done better? Sometimes you go on losing streaks because of variance, and you can’t let it suck the motivation out of you.

Here’s a big holy shit moment I realized. The more experience I get, the faster I will improve. At first I was spending most of my time playing in person. I wasted time driving there and there’s a limit to how many hands you can play in an hour.

I took things to the next level when I started playing online. Rather than playing 1 table, I could play 6 tables at a time now. Experience ++

You have to lose now to win later.

7. Win in the Long Run