Poker Skill
vs Luck
Those unfamiliar with the intricacies of poker
often call it a game of luck, but those who know
the game well know that poker is all skill.
There may be elements of luck in the game, but
that’s the same with any game or sport. In the
long run (which is all that counts), any single
poker player’s results are determined completely
by skill.
A
part of poker’s reputation for being all luck is
because of its close proximity to the gambling
world. Wherever you see a poker table, there’s
sure to be a blackjack or craps table not far
away. Even though most poker games take place
inside a casino, poker is a completely different
game than traditional gambling games.
There are two key differences between poker and
traditional gambling games like craps and
roulette:
1. The player can make
decisions that affect the outcome.
2. The game is played
against other people, not against the house.
Those two differences are the reason why poker
is a beatable game in the long run. There is no
built in house advantage like there is at the
roulette table. In poker, you don’t fight
against the odds and hope to catch a lucky
break; you fight against the other players. The
house gets its money by taking a small rake out
of every pot.
The fact that players get
to make decisions that affect the outcome is
also important. In almost every other game
(except blackjack), once you place your bet,
there’s nothing else you can do except watch. In
poker, you get to make decisions
after
placing your bet. That
means you can affect the outcome and the odds of
you winning money.
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Short Term vs. Long Term
Poker looks like luck in the short term because
even the fishiest of players can get lucky and
have a big day. That’s a result of short term
variance. Even though a losing player will lose
in the long run, anything can happen in the
short term. Poker is a high variance game.
The
longer you observe any player, the more that
player’s actual results start to mirror that
player’s expected results. The longer a fish
plays poker, the more that player loses. The
longer a winner plays, the more that player
wins. It’s because over the long run, the odds
prevail over short term variance.
That’s a part of the reason why you often see
unknown players win large tournaments. In just a
single tournament, simple variance can make any
player a winner or loser regardless of that
player’s skill level. In the long run, you start
to see familiar faces at major tournaments.
Players like Phil Ivey and Doyle Brunson win
bracelet after bracelet because they play so
many tournaments that their results mirror their
expectations.
In
cash games, the difference between luck and
skill is even more obvious. Winning players in
cash games rarely have a losing month. Sure, it
does happen, but it doesn’t happen all the time.
If poker was based on luck, there’s no way so
many of the same players would have winning
month after winning month at the tables.
A Single Hand vs. Many Hands
Even though skill is more observable over the
long term, it still predominates in the short
term. Many people will say that in the short
term, poker is ALL luck – the winner of any
single hand is determined by the cards. I
disagree.
The
reason I disagree is because with that logic,
the entire game of poker would be luck. Poker is
nothing more than a series of singular hands. If
each hand was based on luck, then wouldn't a
string of 10 hands be based on luck? Why does
luck suddenly come into play after X number of
hands?
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Even in the course of one hand, poker is all
based on skill. It doesn’t matter what cards are
dealt to you in any one hand. What matters is
how skillfully you play those cards. If you’re
dealt something crappy, you use your knowledge
of poker strategy to fold that hand. If you’re
dealt a strong hand, you play that hand to the
best of your ability. It doesn’t matter whether
you win or lose the pot; what matters is you
make the correct play each time. And that
requires a tremendous amount of skill.
But still, some people will
claim that a single hand of poker is all luck
because not only can you not control the cards
you’re dealt, but you also can’t control the
community cards (when playing Texas Holdem).
That’s true but that doesn’t make poker a game
of luck. In chess, you can't
control what the other player does. In football,
you can’t control how hard the wind blows. What
you can
control is how you react to those uncontrollable
conditions. In poker, you can’t control the
community cards but you
can
control how you play the hand.
Poker is all skill, baby. Don't
let the losing players and the uninformed tell
you otherwise. Just because someone may have
played a few poker games with his friends
doesn’t make him an expert. Trust instead the
people who play poker every day for years on
end, who keep million-hand databases in Holdem
Manager – the people who consistently win money.
They are the experts and they will tell you
poker is all skill.
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