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10 Life Lessons Learned Playing Poker

Posted by wcbelew
August 23, 2007

A Harvard Law Professor says playing poker teaches life lessons.

His bet is that if he can convince people that it is true he will be able to offer poker workshops to schools and universities worldwide = money overflowing in his kitty.

Playing poker teaches:

1. Numeracy

2. Risk assessment

3. Resource management

4. Psychology

5. Self-reliance

6. How to assess a situation

7. The importance of not making the first bet (in a game or in business)

The Harvard prof has in mind to establish a society at Harvard and chapters at colleges and universities worldwide, Yale, Brown….Tokyo, Singapore, Moscow, Oxford, Cairo!

He also wants to promote poker in developing countries to form nation-building.

“The teaching of poker strategic thinking is a way of thinking suited to national development,” he said. “If you have a populace that comes to believe in their own skills, they become much more empowered individually and collectively.”

Huh!?

Poker also teaches -

8. Regret - I know first hand of a man who literally lost his farm on a poker bet.

9. Social skills - the losers will have to learn how to find a new spouse or partner, if their luck didn’t completely run out at the table

10. I can’t think of a tenth one for some reason…but maybe you can.

What life lessons have you learned at the poker table?

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