Well, I didn’t have a great day at Wheeling late last week, but that is to be expected and I take it in stride. Like many things in life, a hit to the poker bankroll can also be made back in the next go round. Thinking about that though made me reflect upon the analogies between poker and “real life.” I will be the millionth person to do this type of presentation, but that does not deter me. Just as it doesn’t deter most writers from writing about anything that has been repeated ad nauseum.
Let’s first just talk about a poker player’s bankroll. Here, a good player will have a set amount which they can play out of and try to “build” by continual winning poker. If times are good, the bankroll may be dipped into by “real life” or “RL” as I will continue to call it. However, when times are not so good, maybe RL will have to contribute to the bankroll. Since poker bankrolls and RL are so intertwined, it is difficult to form a credible analogy between the two. Much more can be said about bankrolls and how they can affect life and vice versa, but that should be saved for a later article discussing interplay as opposed to drawing comparisons.
Let’s look at it from a 2+2 perspective; those of you who do not even know what 2+2 I am talking about (not 4), please do yourself a favor and google “2+2 poker forums,” get a good 30 days of degenerate reading and then come back. Anyway, those of you who are familiar with the forums will know that there are two forums that compare the Brags, Beats, and Variance of poker to life and vice versa. I make it sound simple whereas it is much more complex, albeit on the nerdy-degenerate side.
Brags in poker: Mostly every poker player will listen to a few stories from a fellow player about a recent win said player had. The listener gains entertainment from the story and gains positive reinforcement that he/she too will embrace the same success quite soon. However, the slight hint of jealousy still creeps into the heart of the listener. The braggart themselves will love retelling the story of how they got three bet while they were holding the absolute nuts. It reinforces their existence in the world of poker. This is quite similar to hearing about brags in RL, where you listen to a co-worker’s/friend’s story about the recent escapades they had over the weekend. Maybe you too will share in the story-telling and all will have a good time.
Beats: Every poker player has a bad beat story. No poker player wants to hear another’s bad beat story but everyone wants to tell one. Just hearing the story reminds the listener of a bad beat they also took and one which they do not wish to be reminded of. The mere mention of the two letter phrase may strike paralysis in the listener. All the while, the speaker just wishes to be heard and know that he/she is not crazy and someone sympathizes/empathize with their problems. They want someone else to “feel” their pain. This is an extremely close analogy between poker and real life. Everyone in RL has a sad story they want to tell and nobody wants to really hear it due to the fact that they will be reminded of their own bad beats that they have put behind them. Just like in poker, RL individuals will allow you to tell a bad beat story every once in a while, but if you have one all the time, they are just going to label you a loser.
Variance: The real mother fucker (pardon me) of both life and poker. Variance, the donkey who just spiked the gutshot on the river to crack your set/two pair for a couple benjamins. This is most prevalent in poker, as it is the constant unseen force which ultimately holds your fate. You can play your cards right, play the person right, but the variance can still damn you in the end. This is what I think is the best analogy when poker is compared to RL. In real life, most people refer to variance as “luck” or “fate.” Although it is unseen, it is always there. Mathematically, it is explainable, but sometimes the chances of it happening are so confounding, it defies explanation.
In life, just like poker, the winners learn to reduce the amount of variance by taking accepted pathways. The probability of ending up a loser when you become a doctor is much rarer than say, a bathroom attendant. The analogy does appear to end there though, because the things that we experience in life we have much more control of, right? In reality though, we all know non-smokers who have lung cancer, non-drinkers who have liver cancer, and perfectly safe children that are kidnapped in their homes. The variance of life is sometime explainable also, no matter how much you caution against it.
For these above reasons, I believe poker players may have a different take of life, but in reality, they may see life as a game, no different from the ones they play when the sit down at the felt. We jokingly call those who become too absorbed in this poker lifestyle the “degens,” but is that really all they are? Do we call a workaholic a “degen” in RL? Maybe, but more likely he/she will be rewarded with a good job and professional accomplishments. They just learned how to reduce the variance enough and put in enough time in their sample size to achieve a statistical graph that seemingly never stops going up. Where am I going with this all? To be honest, I am not sure yet, that is why this entry is labeled Part I. Look for future installments anytime I feel like having an analogical rant.