Bad skill or bad luck ??

Paul L. Schwartz wrote:
> On Sep 26, 2:11 pm, pokertripps <pokertri... DeleteThis @gmail.com> wrote:
>> If you have a 90 % chance of winning is it bad luck that you lost ?
>>
>> I wouldnt call it "bad luck" but more the fact of you fell into the
>> other 10 percent category.
>>
>> Just because the odds are heavily in your favor does not help the fact
>> that "X" amount of time you WILL lose.
>
>
> Poker is like flipping a coin for $50 followed by playing chess for
> $1. In the short term I might be able to beat Gary Kasparov for a few
> hundred dollars playing this game. In the long term Kasparov will get
> all the money.
>
> Paul
>
>

Love the analogy. It works if you extend it downward: suppose no one at
the table is particularly good at chess? Then, it's all luck...until
Kasparov sits down.

I might quibble with the numbers. Perhaps flipping a coin for $50 and
playing chess for $10.

or, perhaps somewhere in-between...




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Kenneth Sloan KennethRSloan DeleteThis @gmail.com
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 >> Stay informed about: Bad skill or bad luck ?? 

On Sep 26 2007 3:11 PM, pokertripps wrote:

> If you have a 90 % chance of winning is it bad luck that you lost ?
>
> I wouldnt call it "bad luck" but more the fact of you fell into the
> other 10 percent category.
>
> Just because the odds are heavily in your favor does not help the fact
> that "X" amount of time you WILL lose.
>

Just because the odds are heavily in your favor does not mean the odds are in
favor of your winning the pot

Gary Carson
http://www.garycarson.com



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 >> Stay informed about: Bad skill or bad luck ??