This is the 40th installment of my fortnightly poker column in the Economic Times, Range Rover.
Once upon a time, a poker player went to a Zen master in the hills, Quiet River, and prostrated himself at his feet. ‘Sensei Quiet River,’ he said, ‘I have something I need to ask you. I am a poker player. But I am not as good as I can be, despite studying both the mathematical intricacies of the game and the psychological tendencies of others. Something is missing. I need you tell me what it is?’
Sensei Quiet River just looked into his eyes.
‘Here,’ said the poker player, whipping out his smartphone. ‘I have all my hand histories here. Let me play them for you. Please tell me my leaks.’ He switched on the hand replayer on his phone and held it up in front of the Sensei. But the Sensei ignored it and kept staring into the player’s eyes. Many seconds passed. Finally, the player understood.
‘I get it now,’ he says. ‘The problem is not in the math or the psychology. The problem is me.’
Sensei Quiet River smiled.
In the last installment of Range Rover I wrote, ‘We lose money in poker not because we think too little but because we feel too much.’ I promised to elaborate on it this week, so here goes.
Poker is a challenging game not because of mathematical complexity but because of human frailty. You can master it in a technical sense: you can understand equities, put people on ranges accurately, balance your own ranges, and so on. You will never be perfect at this, but you can easily be adequate for the games you play. But technique is half the story; temperament is the other half.
Even if you know all the right moves to make, you still need to have the discipline to detach yourself from the short-term outcomes of hands or sessions and play correctly. It’s hard to do this: we are all emotional creatures, casting a veneer of rationality on our reptile brains. We get tired, upset, elated, impatient; we give in to greed, sloth, arrogance, and, most of all, anger. Every poker player is familiar with a phenomenon called ‘Tilt’? What is tilt? The sports psychologist Jared Tendler, writer of a brilliant book called The Mental Game of Poker, describes it as “anger+bad play.” We get angry, so we play bad. And why do we get angry?
In his book, Tendler identifies different kinds of tilt. There’s Injustice Tilt, where you feel you are getting unluckier than others, and it’s just not fair. There’s Revenge Tilt, where you take things personally against certain other players at the table (maybe they gave you a bad beat, or they 3b you frequently). There’s Entitlement Tilt, where you feel you deserve to win more than you are, because you’re better dammit. And so on.
Our emotional condition at any point in time can cause us to play sub-optimally, even when we know what the optimal play is. This is most likely to happen at times of stress, and poker is an incredibly stressful activity, because there is always lots of money involved – not to mention ego. We often equate our sense of self and our well-being with the money we have – though we shouldn’t – and having it taken from us can destroy our emotional equalibrium. It isn’t easy, as that saying goes, to keep calm and carry on.
Let me now end this column with a tip. The next time you are at a poker table, facing a difficult decision, buffeted by emotions, here’s what I want you to do: Imagine that Sensei Quiet River is standing by your side. What would he do in your place? Do exactly that, and see him smile.