Clicky

Poker Reads: Annie Duke’s ‘Thinking In Bets’. - PennsylvaniaCasinos.com News : PennsylvaniaCasinos.com News
Annie-Duke_Thinking_In_Bets
Published on
Update on

In early 2017, Kit Cooper interview World Series of Poker champion Annie Duke. During the interview, Annie spoke of a number of exciting topics that would be covered in her then-forthcoming book ‘Thinking In Bets’ and these included the way during job interviews she provoked the job candidates to show their true selves so that she could read their “tells.” As mean as that may sound, interviewing candidates is something that Annie really enjoys especially because she believes that to peek into people’s souls you have to make them uncomfortable.

Her stellar recruiting skills aside, Annie’s brilliant book was released earlier this year and it is worth the wait. Well, she has, of course, had a decent number of well-received books over the years but ‘Thinking In Bets’ changed things up, more so because it was her debut into the broader business strategy genre.

What It Is All About

This piece is completely spoiler free so you need not worry about that. But just to get you even more excited I will be giving you a sneak peek into what makes the book a worthwhile read not just for poker players and gamblers but also for any being that is interested in life and business. Life and business – everything revolves around these two concepts these days anyway.

Annie’s approach offers a well-crafted and reasonable balance between memorable real-world analogies as well as some pretty in-depth behavioural science studies. Yes, that is right. Annie is a University of Pennsylvania psychology graduate and combined with her professional poker playing experience her takes on decision analysis are somewhat mind-blowing.

In the book’s introduction, she notes that “…a bet really is: a decision about an unknown future.”

Some of the Best Takeaways

Unlike in chess where there is no hidden aspect and very little luck plays a role in the final outcome, each and every poker hand is an imitation of real life. Case in point, resources have to be committed in one way or the other before some specific information is revealed or becomes known. Even as additional cards are dealt, the information revealed does not really suffice and not one player can claim to be absolutely in control of everything, not until the hand is complete. An even better explanation would be the fact that players do not show their card when they fold and this directly implies that the information is never completely known.

Okay, that’s it. No more spoilers. Happy reading!

Latest Headlines

Pennsylvania Announces Another Mini-Casino License Auction

As plans to reopen retail gambling venues continue to pick up pace in Pennsylvania, the state’s gaming control board also seems to have its sights set on even more expansion. Once again, the state will be trying its luck at increasing the number of mini-casinos. Already, the gaming officials have set September 2 as the […]

Multiple Pennsylvanian Casinos Go Smoke-Free

Thanks to new directives from the state health authority and regulators in the Keystone State, several land-based gaming venues are now smoke-free. Many of the retail gaming operators have been preparing to launch while ensuring that they adhere to the guidelines provided by the Pennsylvania Department of Health. The Washington-based Meadows Racetrack & Casino is […]

Penn National Gaming Inks Sports Betting Deal with Sportradar

Renowned gambling operator Penn National has recently revealed that it has entered into a lucrative partnership with Sportradar, the world’s leading provider of sports content and data. The partnership will allow Penn National Gaming to gain access to official NFL data which it can then use on its sports betting platforms. In its sportsbooks, Penn […]

A Look at FanDuel’s Standalone Pennsylvania Casino App

Last week, FanDuel unveiled a standalone casino app that will be catering to the very lucrative Pennsylvanian online gambling market. FanDuel Casino App which is available for both iOS and Android users in the state. However, this is not the first that avid gamblers in the state will be hearing of the offering. The online […]

New Proposal Could Lead to Regulation of Slot-Like Machines in Pennsylvania

Pennsylvanian seems to be poised to go through yet another major gambling overhaul. This is thanks to a recent proposal by the state’s Senate which intends to introduce even more sweeping changes to the gaming market. Most notably, the proposal is pushing for the legalization of slot-like gaming terminals which will be situated in a […]

Similar Stories in Gambling

Pa. Poker Players to Miss Out on WSOP Online Bracelet Series

A little over a week ago, the World Series of Poker announced that its 85-tournament online series would be kicking off on July 1. The online series would be going down on the very popular WSOP.com and GGPoker networks which would be accessible from some states in the United States. This was definitely very exciting […]

PokerStars Pa.’s Summer Series to Kick Off on June 18

The Keystone State’s online poker industry has been on a roll of late and this can mostly be attributed to the entry of the PokerStars, one of the world’s leading poker operators. Since its debut in the state, Pennsylvanian poker players have been treated to top-notch gaming services and the company is not backing down […]

Pa. Poker Rooms to Remain Closed When Casinos Reopen

The pressure to reopen the economy of the United States continues to mount. Already, several states including the Keystone State are drafting plans to reopen with the responsibility of seeing this through delegated to special authorities. In the case of Pennsylvania, the state gaming control board has recently laid out measures and guidelines that the […]

The Changing Face of Gambling Across the United States

It has been quite the ride since the coronavirus pandemic began wreaking havoc on the global economy. Over two months later and the United States, just like many other countries, is still struggling to deal with the issue. However, there is a lot of pressure to reopen the economy, and, as expected, this is raising […]