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Seven Card Stud Eight-Or-Better: Defending The Bring-In

by Kevin Haney |  Published: Dec 01, '21

… time to auto-profit. The risk-reward ratios are different with … pot larger and giving us insurance against catching badly on fourth …

Why Do So Many Poker Pros Die Broke? Part Three

by Alan Schoonmaker |  Published: Apr 24, '19

… pensions and Medicare. Buy Health Insurance Medical costs have destroyed … the only reason to buy insurance. Insurance companies and Medicare will … them. If you have health insurance, you’ll be healthier, … assets will always be at risk. You’ll increase your …

Why Do So Many Poker Pros Die Broke? Part Two

by Alan Schoonmaker |  Published: Mar 27, '19

… pros don’t buy health insurance. Poker pros don’t protect … people. They are generally more risk-averse than younger ones. Today …

Why Do So Many Poker Pros Die Broke?

by Alan Schoonmaker |  Published: Feb 27, '19

… They Don’t Buy Health Insurance It’s another effect … “I don’t need health insurance because I’ll always … s an extremely foolish risk. Without health insurance your entire bankroll, health, and even your life are at risk

Poker’s Flexibility

by Gavin Griffin |  Published: Nov 21, '18

… our insurance. This has resulted in near constant calls with our insurance … curveballs dealing with three kids, insurance companies, doctors’ offices, school administrators … have to understand how much risk you can afford to take …

Two Gambling Fallacies

by Ed Miller |  Published: Mar 15, '17

… In blackjack, they offer an insurance bet. When the dealer shows … normal bet, and if the insurance bet wins the payoff … but your $100 insurance win replaces it. Insurance. The insurance bet is bad … If other players are less risk-averse than you, they can …

Variance Is Your Friend

by Ed Miller |  Published: May 19, '15

… is exactly equivalent to the insurance bet the dealer offers every … even money. He rejected the insurance bet every other time … would reject the mathematically identical insurance bet when didn’t have … and-a-half. Insurance just felt like extra risk to him most …

Playing No-Limit For Your Life

by Bob Ciaffone |  Published: Jul 23, '14

… have described. Do not risk slowplaying any hands weaker … well be running a risk for no reward. If … putting your stack at risk with a continuation bet ( … think you will not risk any chips without a … I outlined as an insurance premium that enables you …

Let’s Improve Poker’s Image Part II

by Alan Schoonmaker |  Published: Jul 23, '14

… a car, evaluate different insurance plans, and even how … Exceptionally Good At Teaching Risk-Reward Analyses This mathematically … feedback? You can’t risk significant money in a … emotional control, patience, math skills, risk-reward analysis, discipline, and …

Staying Within Your Means

by Matt Lessinger |  Published: Sep 01, '13

… one seemed interested in laying insurance. “Wait a minute, wait a … no one wanted to offer insurance, even at a very favorable … that his panicked scramble for insurance damaged his table image forever … . Theoretically, he was willing to risk $2,000 on a single …

 
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