Poker is a card game that puts the players analytical and mathematical skills to the test, as well as their interpersonal abilities. It is also a game that indirectly teaches life lessons that can be applied in other areas of life. Here are a few of the most important ones:
Teaches the importance of risk assessment
A good poker player assesses their chances of winning before making a decision. They will consider the pros and cons of each option and come to a conclusion based on their reasoning. This skill can be applied to other parts of your life such as assessing whether or not an investment is worth the risk.
Teaches the importance of having multiple plans
A top poker player always has a plan B, C and D in place. This is because poker is a game where you can lose more than you win. It is therefore important to have a bankroll both for each session and over the long term. Having a plan allows you to control your emotions and resist the temptation of making big bets with weak hands in an attempt to make up for a loss.
Teaches the value of a strong hand
A strong poker hand is made up of your two personal cards and the five community cards on the table. Having a strong hand is a must to beat other players in the pot. You can improve your chances of having a strong hand by playing in late position and by not calling aggressive players’ re-raises with weak hands.