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Poker and Philosophy: “Avoiding Seven Costly Thinking Errors in Poker” (Loss Aversion)

Suppose you had to pick one of the following two options: (A) A guaranteed $1,000,000 or (B) A %10 chance of getting $2,500,000, an %89 of getting $1,000,000, and a %1 chance of getting $0. Which option would you pick?

Book Review: “Bringing Down the House”

Here’s a good book for gambling fans – perhaps even as a stocking stuffer for your fellow gambling fans… “Bringing Down the House: The Inside Story of Six MIT Students Who Took Vegas for Millions,” by Ben Mezrich.  It’s an exciting read, and gives you some sense from the “inside” of card counting, Vegas and [...]

Poker and Philosophy: “Is it Bluffing when No One Sees you Blink?”

Is online poker really poker?  This question is one that David R. Koepsell considers and gives an answer to in his essay “Is it Bluffing when No One Sees you Blink”, one of the essays in the collection of essays called ”Poker and Philosophy: Pocket Rockets and Philosopher Kings”, edited by Eric Bronson.  To see my comments about another [...]

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