...so easy even a caveman can do it.
The biology of fear for Homo Economicus is about running away from saber tooth tigers, and trying to live past your twentieth birthday. That impulse to avoid lose is so strong.There is a little piece of neanderthal in everyone's game that responds primitively to certain poker situations.
Caveman Fred has been hard-wired by evolution to have a malignant optimism and bullish outlook on things. Fred suffers from an incorrect interpretation of statistics (Gamblers Fallacy). Fred also has an irrational tendency to be less willing to gamble with profits than with losses (lose-averse) and even experiences more pain with a lose than pleasure from a gain (Prospect Theory); choosing a small reward that arrives soon as opposed to a larger reward that arrives later (risk-averse). The future is uncertain.Why wait?
Under the influence of powerful Flintstone emotions and drives, players often end up doing the opposite of what they think is best for themselves, even at the moment of acting. No matter how much we evolve as players, we're still capable of going "Yabadabadoo"!
Put pressure on our Fred —and he responds -- with a rush of adrenaline and the urge to fight or flee. Those survival impulses are hardwired into the oldest layers of all of our brains. Emotions like these can damage our game not to mention devastate our bankroll . When we give in to our old-brain reflexes, we'll probably regret it.
When we feel under attack, we experience a visceral response that may lead us down the primitive path. If we feel shamed, we may withdraw, like the caveman taking flight.(fold) If we feel angry, we might lash out and fight.(Call/Go over the top all-in with marginal holdings).
All behavioral biases have some evolutionary reasons for existing and it's very tough to overcome those deep-rooted impulses! So here’s the Neural Poker Challange--- we have two systems for reacting to risk–a primitive intuitive system and a more advanced analytic system–and they’re operating in parallel. And it’s hard for the neocortex to contradict the amygdala.
Bamm! Bamm! Beat- you -over -the- head- with -a -club- poker is motivated by "red" emotions -- anger, fear, greed – and by "green" ones --confidence and enthusiasm. Its not a question of if, but when, will our greens and reds light up our game.
The empathy gap is the difference between how we behave in "hot'' states---those of anxiety, courage, fear; and ''cold'' states of even-keeled calm. Our empathy gap impacts our thoughts and behaviors to the point where we cannot seem to predict how we will behave in a hot state when we are in a cold state.
Putting the Odds back into God
You're feeling on edge, but is the fear nothing to fear but devolutionary fear itself? Have you felt this way before? How intense is the feeling? Understanding the f.e.a.r., the false information appearing as real. It is key to getting control. After all, nothing real can be threatened, nothing unreal exists, Herein lies the peace of God
Identify the cause of the feeling. What is the source of it? Trace the feeling back to its source. Explore a way out by feeling the fear and doing anyway---that's where your game expands
I dared to do something different and my poker game grew larger. For me, it was Monday's Fulltilt- Stu Unger- three -barrel- stone -cold bluff I pulled off. It was energizing, a peak experiences much like I had as a track athlete at Comsewogue High School.
I lose money frequently, but in small amounts, and make money rarely, but in large amounts. I am a crisis hunter. You can't avoid crisis in NLH, you must be in a perpetual one that you create. Get lucky or bluff was the selective aggression I used, and poker rewards not only infinite patience, but selective aggression.
Give Yourself A Poker Lobotomy
It's not so much about "counting your outs" and "folding AK in a raise, re-raised pot"-- that cause-effect relationship stuff. It's more about the anti-neuro-poker game--situations. A collection of situations you haven't played yet; of the things you don't know. there is a massive collection of unknowledge,the anti-hands that contain all the hands that may still change your poker life.
The Sex Of Poker logic makes what you don't know far more relevant than what you do know. I considered that many of my Jackpots and big hands were caused and accelerated by their being unexpected.---of me being an anti-gambler. The upshot is that:knowledge leads to action but lack of knowledge can also lead to action.
The “Open Source” world that everybody is smarter than anybody, this is the NEW Herd mentality. WSOP Survivorship Bias-We see the winners who cash and learn from them, while forgetting the huge unseen herd of railbirds -losers. who were making all the right mistakes.
A poker game is not static. It's a dynamic, living organism that changes from moment to moment. You have to respond to those changes. You have to be the change you want to see . . In the RW(Real World) change is seen as some “thing” built to last. Would you rather have a TEMPORARY change to your game that lasts as long as it is useful, or rather a LASTING change that continues to last far beyond any limits of usefulness.
Players underestimate, on average, the probability and impact of improbable events. Going completely broke is consistently unexpected, but highly likelyin cash games. Buying into a poker game , unlike buying a car, is a gamble that the future will represent an improved version of the past. And who knows whether that will be true?
Nevertheless, when it comes to NLH, what you don’t know is far more relevant than what you do know. Consider that many huge hands can be caused and sped up by their being unexpected, that case eight on the river for a suck out, a four card flush free roll.
neuroeconomics behavioral finance flight or fight behavioral economics