Thursday, January 14, 2010

Remember as you play....

"Better a patient man than a warrior, a man who controls his temper than one who takes a city." -- Proverbs 16:32, NIV

Every poker tournament, online or in-person, seems to have its share of "donkeys." (They put it so politely in poker slang.) These players want to win by any means necessary -- and they aren't afraid to bet big right off the bat.

We assume their strategy is to get an early chip lead, then exploit it by playing "king of the mountain" to gain ultimate victory. But it's risky -- because if they're caught bluffing by someone with a legitimate hand, they'll tumble down the hill like Jack and Jill.

Our approach to poker tends to be different from that. We prefer to be patient, and wait for the right cards and right moment to strike. Another regular in our city has noticed that, and told us that would help us succeed in cash games. (Our play in pretend cash games at Yahoo has shown us that.)

The NIV Study Bible notes on this verse put it very well: "Although one who practices patience and self-control receives far less attention and acclaim than a warrior who takes a city, he accomplishes better things."

Many financial experts tell clients the best approach is savings is to "build wealth slowly." In poker, that always depends on the cards you have and what other players do. But we think the patient approach works -- and it's helped us reach a lot of final tables. What do you think?

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