Hold’em: How to Put Life’s Odds in Your Favor

When I was growing up, one of the first things my step father taught me was how to play poker. I was near the age of 12 when I first played, but by the time I was 18 (the legal gambling age in Washington State) I had become a shark. I used my age to an advantage–the older men thinking I was too ‘green’ to play. To fool them further, I would ask silly questions at the gambling table, make bets incorrectly, and moves out of turn.

This became profitable for me, and it wasn’t long before I was hooked. At the height of it all, I took home a couple thousand dollars from a local tournament. In my excitement, I immediately went to a higher stakes table and lost it all in a bad play where I got over confident. Not only did I lose all the winnings from the tournament, but I took out a couple thousand dollars from savings and lost that too. It left me reeling and feeling sorry for myself.

I grew up poor, and I thought my future was among the poker stars that had become my heroes. However, this dramatic loss left me thinking I wasted my time learning the ins-and-outs of poker. I felt sorry for myself that my family wasn’t rich. That I couldn’t afford college. That my destiny was to make a minimum wage living forever. And finally, that I was even losing at the one thing I trained six years to be good at: Texas Hold’em Poker.

But then I had an epiphany. Life IS Hold’em.

 

PRE-FLOP [A game begins and cards are dealt to each player.]

There are two things more important than anything in Hold’em:

  • The first, is your position: who you  are sitting next to, and whether you bet first or last.
  • The second, is the cards you’re dealt during pre-flop.

In life, just like in poker, we don’t get to choose who we start next to, or even what cards we get. You know what we do get to choose? Whether or not we are going to play, learn the rules, and use psychology to our advantage.

In my life I felt like I was dealt a 7 and a 2 (off suit at that). The worst hand in Hold’em. I was poor, born to a single mother without an education and the odds were stacked against me. I could see the other players in life, they had good cards–and a LOT more chips to bet and take risks with.

 

THE FLOP  [Refers to the action of dealing the first three face-up cards to the board.]

For one reason or another, I decided to play my cards. Lucky for me it was cheap to get to the flop. One thing I know from watching so many poker games, is that the flop gives a player about 71% of the data they need to play their hand.

Tip: On the flop, never look at your cards or at the flop cards–always watch the other players faces. If they get good cards, they will show it in their eyes.

By now I had joined the military. I wished I was going to college, but I knew that if I worked hard enough in the service–I could go to college afterwards. My friends posted pictures online of all the great times they were having at their universities–and I was in a combat zone, with hardly the internet to load the images that captured their fun. The flop worked out for them–it was certain to me that they were going to get good jobs when they graduated, I could see it in their eyes.

 

THE TURN [The fourth community card is dealt alongside the flop. It is time for you to decide how much you like the strength of your hand. ]

My service to the U.S. military lasted 7 years. To me it was a lifetime, and a large price to pay for schooling. My friends had all graduated and were now looking forward to their new, high-paying jobs. I was applying to schools–and still feeling sorry for myself. Because not only did I not get good cards to start with or on the flop, but the turn hit me harder: I was diagnosed with PTSD, and it’s symptoms were destroying my life.

Tip: In Poker, when things are going poorly for you, it’s a smart idea to consider leaving the hand by giving your cards back to the dealer–a move called, “folding.”

I was ready to fold. “This game just isn’t for me” I thought. It was probably time for me to resign to the minimum wage job I was destined for. After all, it must’ve been what the Dealer wanted, since he gave me such bad cards to begin with. It was time for me to toss my cards and do what was easy–move back to Washington. I even laughed to myself, “Maybe I can become a small time table shark in poker again.”

“Wait…” 

That’s when it hit me: There is one thing that separates Hold’em over almost any other card game. Psychology. 

And one of the most devastating psychological maneuvers in Poker is the Bluff.

 

THE BLUFF [A bluff is a bet or raise made with a hand which is not thought to be the best hand.]

“A bluff!”   How had I not thought of it before? When you have nothing, sometimes the best play is to pretend like you have everything in the world going right for you. I got my bluff together: my Wife and I would start a business.

I put the few chips I had left into the biggest bet I could muster together. This was it, and the other players knew it. They saw the excitement in my eyes, the eagerness in my heart, and the shakiness of my hands as I put my chips into the center of the table. For sure I was going to win. The business was going to take off and this game was mine.

All those years of poker playing finally paid off!

… or so I thought.

 

THE CALL [To match the current amount of the bet made by a previous player in the round of betting.]

To my disbelief the other players all figured out my bluff, and matched my bet. I felt sick to my stomach–I was out of chips, and the business wasn’t working. I was done for.

Tip: The “turn” is named as it can turn the tide of bad luck into a players favor.

I thought the business would work–it was supposed to turn the tide of luck into my favor. When it didn’t I had nothing left–my hope was in the outside world. In poker this would mean my only chance was on the last card dealt to the table: the river.

 

THE RIVER [A final single community card is then dealt, followed by a showdown.]

With no chips left, my only shot was in the river. One thing important to Hold’em players is the speed at which the Dealer reveals the river card. The goal for the Dealer is to reveal it slowly, and dramatically–as this is where all the stakes are held.

Tip: The last card given to the community is called “the river” because it will sell you down the river. As they say, “dreams are made on the river.”

The river appeared to me in the form of a mentor; he knew how to make my hand good again. Looking over the business he gave us tips and strategies to get back into the game. Interestingly enough, all that time serving the military and missing out on school ended up being the greatest help to my business. It gave me the work ethic to keep going when things were hard.

I was thankful for growing up in the American version of poverty. When you are dealt a bad hand, the only option you get is to play it.  If you can win with a bad hand, you can DEFINITELY win with a good one.

The game isn’t over for me though. This was just one hand. Something I learned from this hand was that it’s important to stay persistent, even when it looks like the other players are winning out. Some crazy things can happen on the river.

And when I look back at it, I can’t help but wonder if the Dealer knew exactly what he was doing.

By |2018-12-28T17:52:35+00:00December 28th, 2018|Entrepreneur Theory|64 Comments

About the Author:

64 Comments

  1. Judi qq online October 8, 2019 at 11:44 am - Reply

    I’m really impressed together with your writing talents and also with the structure in your weblog.
    Is that this a paid topic or did you modify it yourself?
    Either way keep up the nice quality writing, it is rare to peer a great weblog
    like this one today..

  2. koinqq terpopuler October 9, 2019 at 3:12 am - Reply

    Ahaa, its nice conversation regarding this
    paragraph at this place at this blog, I have read all that, so now me also commenting here.

  3. https://maniaqq.com/ October 10, 2019 at 2:58 am - Reply

    Do you have a spam problem on this blog; I also am a blogger, and I was curious about your situation; we have created some nice
    procedures and we are looking to trade solutions with others, why not
    shoot me an e-mail if interested.

  4. mabosbet.com October 13, 2019 at 7:49 am - Reply

    Its such as you learn my thoughts! You appear to know a
    lot about this, like you wrote the guide in it or something.
    I believe that you just can do with a few p.c. to drive the message house a bit, however
    other than that, this is great blog. A great read.
    I will certainly be back.

  5. ManiaQQ October 13, 2019 at 11:20 pm - Reply

    Link exchange is nothing else but it is just placing the other person’s blog
    link on your page at proper place and other person will also do similar in favor of you.

  6. Http://www.mabosvip.weebly.Com/ October 22, 2019 at 4:27 am - Reply

    I don’t even know how I ended up here, but I thought this post was
    good. I do not know who you are but definitely you’re going to a famous blogger if you are not already 😉 Cheers!

  7. aboutme November 8, 2019 at 10:48 pm - Reply

    My brother recommended I may like this blog. He used to be totally right.
    This publish truly made my day. You cann’t consider simply how much time I had spent for this info!
    Thank you!

  8. plenty of fish dating site November 11, 2019 at 8:54 pm - Reply

    Pretty section of content. I just stumbled upon your site and in accession capital to assert that I acquire actually enjoyed account your blog posts.
    Anyway I will be subscribing to your augment and even I achievement you access consistently rapidly.

  9. plenty of fish dating site November 12, 2019 at 7:43 am - Reply

    Hi just wanted to give you a quick heads up and
    let you know a few of the images aren’t loading correctly.
    I’m not sure why but I think its a linking issue.
    I’ve tried it in two different web browsers and both show the same results.

  10. our coconut oil November 15, 2019 at 6:17 pm - Reply

    I am actually pleased to read this weblog posts which carries lots of valuable information, thanks
    for providing such data.

  11. was coconut oil November 15, 2019 at 11:27 pm - Reply

    Everything composed was actually very logical.
    However, think on this, what if you added a little content?
    I am not saying your information is not solid., however what if you added
    a title that makes people desire more? I mean Hold’em: How
    to Put Life’s Odds in Your Favor – Fear the
    Mundane is kinda plain. You might glance at Yahoo’s front page and see how they create article titles to get people interested.

    You might add a related video or a pic or two to get readers interested about everything’ve got to say.
    In my opinion, it could make your website a
    little livelier.

  12. You really make it appear really easy together with your presentation however
    I to find this matter to be really something which I think I
    might by no means understand. It sort of feels too complicated and very extensive for me.

    I am having a look ahead to your next submit, I’ll try to get the hold of it!

  13. Link exchange is nothing else but it is only placing the other person’s webpage link on your page at suitable place and other
    person will also do same in support of you.

  14. http://tinyurl.com/yx5nhtqh November 21, 2019 at 10:26 am - Reply

    Thank you for the auspicious writeup. It in fact was a amusement account it.
    Look advanced to far added agreeable from you!
    By the way, how can we communicate?

  15. tinyurl.com November 22, 2019 at 1:11 am - Reply

    Very soon this web page will be famous amid all blogging and site-building viewers,
    due to it’s pleasant articles

  16. http://tinyurl.com/wsexfwt November 24, 2019 at 8:14 pm - Reply

    It’s hard to come by educated people on this topic,
    however, you sound like you know what you’re talking about!

    Thanks

  17. was coconut oil November 25, 2019 at 5:54 am - Reply

    Hey there! Quick question that’s completely off topic.
    Do you know how to make your site mobile friendly?
    My site looks weird when browsing from my iphone 4.
    I’m trying to find a template or plugin that might be
    able to correct this problem. If you have any suggestions, please share.
    With thanks!

  18. what coconut oil November 25, 2019 at 9:23 am - Reply

    Hello, I want to subscribe for this website to obtain hottest updates, so where
    can i do it please assist.

  19. is coconut oil November 25, 2019 at 10:43 pm - Reply

    I used to be suggested this blog via my cousin. I am not positive whether or
    not this post is written by means of him as no one else recognize
    such distinctive about my trouble. You are amazing!

    Thank you!

  20. plenty of fish dating site November 26, 2019 at 3:54 am - Reply

    Hello colleagues, its great post concerning educationand entirely defined, keep it up all
    the time.

  21. plenty of fish dating site November 26, 2019 at 10:08 am - Reply

    What’s up to every body, it’s my first visit of
    this webpage; this website contains remarkable and in fact fine
    material in favor of visitors.

  22. plenty of fish dating site November 26, 2019 at 10:14 am - Reply

    Every weekend i used to pay a visit this site,
    as i want enjoyment, since this this website conations truly nice funny data
    too.

  23. plenty of fish dating site November 26, 2019 at 10:27 am - Reply

    That is a very good tip particularly to those fresh to the blogosphere.
    Brief but very precise information… Thanks for sharing this one.
    A must read post!

  24. plenty of fish dating site November 26, 2019 at 12:33 pm - Reply

    great points altogether, you simply gained a new reader.
    What may you recommend in regards to your publish that you simply made some days ago?
    Any positive?

  25. espn.com/activate November 28, 2019 at 7:51 am - Reply

    Do you have a spam problem on this blog; I also am a blogger, and I was curious about your situation; many of us have created some nice practices and we are looking to trade methods with other folks, why not shoot me an email if interested.|

  26. ps4 games November 28, 2019 at 8:28 am - Reply

    An outstanding share! I have just forwarded this onto a friend who has been doing a little research on this.
    And he actually ordered me breakfast due to the fact that I discovered it for
    him… lol. So let me reword this…. Thanks for the meal!!
    But yeah, thanx for spending some time to discuss
    this issue here on your web page.

  27. sports betting November 28, 2019 at 4:43 pm - Reply

    Hello there, You’ve done an excellent job. I will definitely digg it and personally suggest to my friends.
    I’m sure they will be benefited from this website.

  28. ps4 games November 28, 2019 at 8:52 pm - Reply

    Hi, I do believe this is a great site. I stumbledupon it 😉 I may come back yet again since I saved as a favorite
    it. Money and freedom is the greatest way to change, may you be
    rich and continue to guide other people.

  29. quest bars cheap November 30, 2019 at 5:49 am - Reply

    I quite like reading an article that will make men and women think.

    Also, thank you for allowing for me to comment!

  30. ps4 games November 30, 2019 at 9:58 am - Reply

    Hello, i think that i saw you visited my web site so i came to “return the favor”.I’m attempting to
    find things to enhance my website!I suppose its ok to use a few of
    your ideas!!

  31. quest bars cheap November 30, 2019 at 6:56 pm - Reply

    What’s up, after reading this awesome post i am too glad to share my knowledge here with friends.

  32. quest bars cheap December 1, 2019 at 10:48 am - Reply

    Excellent way of describing, and fastidious piece of writing to obtain information about my presentation subject matter, which
    i am going to convey in college.

  33. quest bars cheap December 1, 2019 at 11:18 pm - Reply

    Appreciation to my father who told me regarding this webpage, this website
    is actually awesome.

  34. quest bars cheap December 2, 2019 at 9:53 am - Reply

    Hello, I want to subscribe for this blog to obtain hottest updates, thus where can i do it please assist.

  35. wormateio hacks December 2, 2019 at 1:24 pm - Reply

    Hi there! This is my first visit to your blog! We are a group of volunteers and starting a new initiative in a community in the same niche.

    Your blog provided us beneficial information to
    work on. You have done a wonderful job!

  36. quest bars cheap coupon twitter December 2, 2019 at 7:50 pm - Reply

    I have read so many articles or reviews about the blogger
    lovers however this piece of writing is actually a fastidious
    post, keep it up.

  37. 카지노 December 3, 2019 at 7:38 am - Reply

    It’s awesome to visit this site and reading the views of all colleagues concerning this article, while I am also keen of getting experience.

  38. 바카라사이트추천 December 3, 2019 at 7:46 am - Reply

    I saw a lot of website but I conceive this one has something special in it in it

  39. 바카라사이트 December 3, 2019 at 7:51 am - Reply

    Thanks so much for the blog.Really thank you! Fantastic.

  40. quest bars cheap coupon twitter December 3, 2019 at 8:39 am - Reply

    Hello colleagues, its great piece of writing about tutoringand completely defined, keep it up all the time.

  41. quest bars cheap coupon twitter December 3, 2019 at 6:59 pm - Reply

    What’s Taking place i’m new to this, I stumbled upon this I’ve discovered It
    absolutely helpful and it has helped me out loads. I hope to contribute & help different customers like its aided me.
    Good job.

  42. quest bars cheap December 4, 2019 at 9:05 am - Reply

    Please let me know if you’re looking for a article author for your site.
    You have some really good posts and I think I would be a good asset.
    If you ever want to take some of the load off, I’d love to write some material for your
    blog in exchange for a link back to mine. Please blast me an e-mail if
    interested. Thanks!

  43. Roy Malespin December 4, 2019 at 10:42 am - Reply

    Hey just wanted to give you a quick heads up.
    The text in your post seem to be running off the
    screen in Chrome. I’m not sure if this is a formatting issue or something to do with web browser compatibility but I thought I’d post to let you
    know. The design and style look great though! Hope you get the issue resolved soon. Kudos

  44. Jay Gray December 4, 2019 at 3:34 pm - Reply

    I’ll immediately clutch your rss as I can’t in finding your e-mail subscription link or newsletter service.
    Do you have any? Please allow me recognize in order that I may subscribe.
    Thanks.

  45. ps4 games December 4, 2019 at 10:16 pm - Reply

    Thanks for any other great article. The place else may anybody
    get that type of info in such a perfect approach of writing?
    I’ve a presentation next week, and I’m on the search for
    such info.

  46. Francis Wilson December 5, 2019 at 11:38 am - Reply

    If you evolve, as an alternative of selecting the Pokemon usually,
    its white/gold assaults will get +10 and purple attacks get an extra star.

  47. Jeanette Peters December 5, 2019 at 4:22 pm - Reply

    It’s very easy to find out any matter on net as compared to books,
    as I found this piece of writing at this web site.

  48. Mildred Towler December 5, 2019 at 5:52 pm - Reply

    I really love your blog.. Excellent colors & theme.
    Did you build this web site yourself? Please reply
    back as I’m trying to create my own blog and would love
    to learn where you got this from or just what the theme is named.
    Kudos!

  49. ps4 games December 5, 2019 at 8:09 pm - Reply

    Hey There. I discovered your blog using msn. That is an extremely neatly written article.
    I’ll make sure to bookmark it and come back to learn more of your useful info.
    Thanks for the post. I will certainly comeback.

  50. ps4 games December 5, 2019 at 9:25 pm - Reply

    This post is worth everyone’s attention. Where can I find out more?

  51. Gilda Coria December 5, 2019 at 11:33 pm - Reply

    I’ve been surfing online more than 2 hours today, yet I never found any interesting article like yours.
    It is pretty worth enough for me. In my view, if all website owners and bloggers made
    good content as you did, the web will be much more useful than ever before.

  52. ps4 games December 6, 2019 at 5:18 am - Reply

    Hi there, You’ve done a great job. I’ll certainly digg it and personally recommend to my friends.
    I am confident they will be benefited from this web site.

  53. ps4 games December 6, 2019 at 6:04 am - Reply

    Greetings! This is my first visit to your blog!
    We are a team of volunteers and starting a new project in a
    community in the same niche. Your blog provided us useful information to work on.
    You have done a wonderful job!

  54. ps4 games December 6, 2019 at 8:00 am - Reply

    Generally I do not learn post on blogs, however I would
    like to say that this write-up very forced me to take a look at and do so!

    Your writing style has been surprised me. Thank you,
    very nice article.

  55. Jim Perez December 6, 2019 at 11:17 am - Reply

    Ahaa, its pleasant conversation about this post
    here at this website, I have read all that, so at this time me
    also commenting at this place.

  56. Jerry Nielsen December 6, 2019 at 3:46 pm - Reply

    I have realized some new items from your site about desktops. Another thing I’ve always believed is that computer systems have become a product that each household must have for several reasons. They offer convenient ways to organize the home, pay bills, shop, study, listen to music and in some cases watch tv series. An innovative way to complete most of these tasks is to use a laptop computer. These pcs are portable ones, small, robust and easily transportable.

  57. ps4 games December 6, 2019 at 4:51 pm - Reply

    It is not my first time to visit this site, i am browsing this web page
    dailly and get nice data from here all the
    time.

  58. ps4 games December 6, 2019 at 5:42 pm - Reply

    Excellent items from you, man. I’ve consider your stuff prior to and you are just extremely
    fantastic. I actually like what you have obtained right here,
    certainly like what you’re stating and the best way
    during which you say it. You’re making it enjoyable and you continue to care for to
    keep it smart. I can’t wait to learn far more from you.
    That is actually a tremendous website.

  59. ps4 games December 7, 2019 at 4:07 am - Reply

    Very nice post. I just stumbled upon your blog and wished to say
    that I’ve truly enjoyed browsing your weblog posts. In any case I’ll be subscribing on your feed and I
    hope you write once more soon!

  60. quest bars cheap December 7, 2019 at 9:22 am - Reply

    Aw, this was an extremely nice post. Finding the time and actual effort to make a great article… but what
    can I say… I procrastinate a whole lot and don’t manage to get
    anything done.

  61. quest bars cheap December 8, 2019 at 1:35 am - Reply

    Hi, i think that i saw you visited my blog thus i came to “return the favor”.I’m attempting
    to find things to improve my website!I suppose its
    ok to use a few of your ideas!!

  62. quest bars cheap December 9, 2019 at 7:33 am - Reply

    Hey I know this is off topic but I was wondering if you knew of
    any widgets I could add to my blog that automatically tweet my
    newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like
    this. Please let me know if you run into anything. I truly
    enjoy reading your blog and I look forward to your new updates.

  63. quest bars cheap December 9, 2019 at 12:19 pm - Reply

    Howdy, i read your blog from time to time and i own a similar one and
    i was just wondering if you get a lot of spam responses?

    If so how do you prevent it, any plugin or anything you can advise?
    I get so much lately it’s driving me crazy so any help is very much appreciated.

  64. quest bars cheap December 9, 2019 at 11:34 pm - Reply

    I blog quite often and I seriously appreciate your information. This article has
    truly peaked my interest. I am going to bookmark your site and
    keep checking for new information about once a week. I subscribed to
    your RSS feed as well.

Leave A Comment