Poker Face

Poker Face
Do what you love and love what you do, for life is too short to do anything else.

Tuesday, February 22, 2011

A Life of Opposites


A Life of Opposites

A teacher once said to me, “Do the opposite of what you think you should be doing, and you’ll be closer to the truth.”  When you look at the quote carefully, one could easily surmise that it is our thoughts that betray the truth.  In studying other teachers that I follow I have discovered a similar theme in their messages as well. 

“Be wary of your thoughts, lest they lead you astray.”  KJ

I just came up with that maxim as a way to measure my thoughts, as I would a dose of medicine.  When I manage my thoughts, I find that I am more productive then when they manage me.  Take the thought, “I’ll do it when I feel like it.”   If I don’t get to managing that thought, pretty soon I won’t feel like doing anything!  In having faith in my teachers, and employing their lesson, I experiment with the opposite thought.  “I’ll feel like it when I do it!”  For those of us that identify and are out of balance with our feelings, this simple exercise of changing the way you think can be quite challenging. 

Dr. Wayne Dyer says, and I quote:  “When you change the way you look at things, the things you look at change.”  Not necessarily promoting the opposite as much as shifting perspective.  Byron Katie has built a very successful practice on the principle of the “Turn Around,” looking at things from the opposite perspective.

In a desire to operate and manage life more effectively I have found this to be a difficult, but rather rewarding practice.  Here’s a couple of more “thought patterns” (if you have any of them) to manage and “turn around,” in an effort to be more productive. .


#1  I’ll believe it when I see it.  
                         I’ll see it when I believe it.

#2  It’s easier said then done  - 
                        It’s done easier then said

#3  When I understand the purpose, I’ll take action  - 
                                    Take action and the purpose will be understood


Challenging our thoughts and beliefs, and practicing opposite patterns of behavior doesn’t have to lead to confusion.  It can lead to greater understanding, growth and maximizing our potential.  

Kenna James


Saturday, February 12, 2011

Morning Coffee

While making coffee this morning, I spilled a half a cup of water on the floor. “Damn it,” I quietly exclaim to walls of the empty kitchen; announcing my ineptness to complete the simple task, of completing the pour into the coffee pot reservoir. 

I immediately head for the paper towels to confront the mess.  I kneel down, and begin the mop up job.   I resign and commit myself to the minor task, when I take note of how easy it is with the wet towels, to attract the excess dirt and the food remnants, that have made a home against the running board.  With a few extra wipes I realize the resourcefulness of my mistake. 

“Ah, that’s nice.”  I thought.  I turned a little mess into a slightly cleaner kitchen.  A slight smirk makes its way across my face, and I feel good about my modest efforts.  I enjoy a sip of coffee as I make my way into the next room.   

When I’m able to change my perception that quickly, and see what appears to be a negative as a positive,  I know it's going to be a good day.  Anything perceived as “bad,” can quickly fade.  It’s like turning on the light in a dark room.  The darkness disappears.  Now, where's that switch?

Enjoy your day!

Kenna 
www.winningatpoker.net

Wednesday, February 2, 2011

Replacing Luck with Skill


The Math of Poker
Finding the balance of Odds and Probabilities

If you’re like me, just the word math, makes me cringe.  That may sound weird for a poker player, but my game has always been more weighted towards the psychology of the game with a basic understanding of the math.  So for those of us that are mathematically challenged, I’ll share some of the questions and answers I’ve prepared for my students. Btw, if you would like to study with me, you can email me at www.winningatpoker.net, and set up a free interview to determine if I can help you reach your poker/life goals.

The easies way to get started is by asking some basic questions about the type of math that is used in poker.  Questions like;
What’s the difference between odds, probabilities and percentages?  How do you balance these and which one is best to use?  Think of these three terms as different expressions of the same language.  They are simply different mathematical expressions, used for various purposes of calculating the likelihood of an event occurring.

Since poker is about making better decisions then your opponents, calculating the likelihood of a positive event occurring is crucial. But handling and changing them from one to another, for some, can be like trying to change your partner.  Just not that easy to do.  However, I will give you a couple of tips to make it easy.  

Probability is about an event occurring over a total number of events.
Think:  (Chances for)(Total Chances)
Odds is the likelihood of a single event occurring against it not happening.
Think:  (Chances for)(Chances against)
In Odds, 4-1 means you are getting 4 for every 1.  
In Probability terms it means that the event will occur 1 out of 5 times, or 20%.  
If you calculate that the event will happen more then 20% of the time, and still get 4-1 on your money, then you are in a situation in which you have a positive expectation.

Some people find it easier to see things in the form of odds, while others can visualize things better if expressed in probability or percentages. 
  
Here’s a good way to remember how to change probability into odds. Remember that the answer is in the question.  1 “OUT OF” 5 = 4.  1 out of 5 then becomes 4-1 odds. 1 out of 3, becomes 2-1, etc.  Divide the front number into 1 and you will have your percentage.  

If you’re still with me, then let’s look at an example of how we can use odds and probabilities to overcome the "luck" factor in poker.

Is it probable that someone of average skill who plays in a tournament 50 times, in a 50-player tournament, will win at least one time?  The answer of course is yes. However, should you take a bet in which someone is offering you, say 75-1 to win in any one 50-player tournament?  While gamblers would say, "absolutely, you got the edge!" the answer actually is that it depends.  

What are the odds of someone with avg skill winning in a single try?  49-1.
So should you take it?  True, you do have the edge, but will you profit from that edge, or fall off?  Since the odds are 49-1, it’s obviously a long shot. So one must also take in the probability factor of it occurring at all, before making any bet. 

An edge is mitigated when you don’t have enough trials of the proposed event. In this case, you would want to make sure you would have at least 50 “goes” in the long run to give yourself a reasonable shot at realizing your edge. And with standard deviation, 50 might not even be reasonable enough.

So, to take out the "luck," factor,  you have to make sure that when taking odds in any situation that the probability of it occurring is in your favor.  In that instance you not only have edge but you have probability.  The two together, balanced with proper perspective and a good attitude, will replace luck.

Kenna James
www.winningatpoker.net