For anyone who hasn’t played poker before, it’s always useful to learn a few rudimentary poker skills instead of diving straight in. And even if you already know how to play the game, it’s never a bad idea to improve your poker skills as much as possible! However, did you also know that some of those skills can be used in everyday life, and even potentially help advance your career?
The Best Poker Skills to Use
To be able to advise you as best we can on these online poker skills, we’ve categorised them into a selection of 10 different tips. We recommend trying out a few of them in your own daily life.
Risk for Reward
You only need to glance at a poker game to see whether the risk is really worth going for. If you can win a huge pot by risking a smaller amount of money, then that puts the odds in your favour. In your business life, you can also benefit from taking calculated risks – but only when you need the larger odds lie in your favour.
Limiting the Damage
Limiting your losses is not just something that can be attributed to poker skills, but to gambling in general. It’s only natural that you’ll go on losing streaks in some games and, just like in life, you may end up on the losing end of deals where business is concerned. And yet, limiting how much damage that does to you or your company is a top poker skills tip to take notice of and put into practice – limiting bad results can be as useful as generating good ones.
Learn from Losses
You can always learn from your losses in poker – every single one of them. The same applies to your professional life. Whatever losses you have endured, you have the opportunity to adapt, move forward, and do things differently in future. Analyse rationally after being beaten – don’t lose your head, but instead proceed calmly.
Don’t Become Too Attached
Some amateur poker players have the issue of getting too attached to their aces. Some more-seasoned players may have gone on to improve their poker skills and get past this, and other hand attachments, playing the game not just their own hand. This careful assessment of each situation is necessary – sometimes you just have to go ahead and fold, for example. If you hold a well-paid position in your company, but you loathe going into work, can you really say that that’s the right choice?
Don’t Risk What You Can’t Afford
This is something that all gamblers need to take notice of – there is no good reason to risk a huge chunk of money if you don’t have the ability to live properly without it. In business, if you risk company funds that your organisation can’t operate properly without, and then everything goes pear-shaped, you might as well just throw the towel early. Risks are good if you know that things are leaning in your favour, but they must be calculated – not rash.
Discipline Is Necessary
To become a truly good poker player, you’ll need to learn all about discipline so you become able to manage your bankroll and cope with losses or bad luck. In business, you need to have the discipline to not only control any company money, but to actually have the drive to do the necessary work to back up your plans. This is one of the most crucial poker skills that you can apply to your work life.
Know When to Fold
To improve your poker skills, it’s always ideal to know when to allow someone to get a smaller win that won’t disadvantage you on a high level. If you need that leeway, then take it. Big decisions in poker (and in your work life) don’t come around too often, so you need to identify any times when you 100% need to be right, and those other times where it’s better to stand aside.
Bluffing is something that is heavily connected with the game of poker, and if you know how to do it, it’s one of the greatest poker skills to possess. But there are also real-life scenarios where bluffing can come in handy. Knowing when to tell a little white lie – and when to avoid them entirely – is an elite and useful skill.
Long-term, money-losing decisions by poker players are often referred to as “leaks”. Players will often try to patch up their leaks by altering their gameplay. If you’re leaking money in real life by spending it on things you don’t actually need, then there’s a simple way of patching things up.
Raising the Stakes
Finally, common offline and online poker skills see players raising stakes in certain situations. And this is another skill that can be used in everyday life. Why not raise your own profile and stakes in your workplace by suggesting new ideas or ways of working to your manager? You might even get a better “payout” in the long run by being bold enough to go out on that limb.