Years ago, when I first became interested in real estate investing, I quickly learned how important is the location of the property under consideration.
There was a saying – a mantra: Location, Location, Location. That certainly made the point. To be profitable, the real estate under consideration must be located in an area that renters or buyers would regard as highly favorable – walking distance to schools and the library, roads in good condition, food markets, a park where the kids can romp about, preferably with a public pool.
We can readily apply this same concept to playing the game of poker; only now, the comparable key word is Patience. Let that be the essence of your poker mantra; and, it need not be mystical as are so many others. It’s just plain good poker sense.
Patience is essential
A skilled poker player will muck the majority of his hole cards; they are not worth his making an investment. Wait for a better starting hand. Now, that takes considerable patience on your part – a lot of it! Indeed, many poker gurus have stated the key to winning at any game of poker is: Patience, Patience, Patience.
Let that be your poker mantra.
Mantras are often sung or hummed as an incantation. You need not go to that extreme – just remember it.
It may not be easy. It is hard to sit there in your seat, folding hand after hand. You’re not trying to be tight – just discreet. Opponents may stare at you.
Fact is most of the hands dealt to you will not be playable – not if you want to be a winner. It’s like seeking an investment; most are not for you. Indeed, the Hold’em Algorithm would dictate that, on average, in the long run, you play only one out of six hands dealt in an early position. The others just aren’t good enough and most likely to be losers.
A continued effort to do or achieve something despite difficulties, failure, or opposition. That’s a trait we all can use: steady persistence in adhering to a course of action. Undeterred even by your own desires, you are determined not to waiver from your path.
There is a strong force trying to steer you away. After all, you came to the casino to play poker, not sit out the majority of the hands dealt to you. Stick to it. You know it is best for your wallet. And you must have the will power to do it.
A double reward
There are two positive results from this course of action:
• You will lose fewer chips. Weak starting hands are bound to be costly – more so if they connect in a small way on the flop. So, now the impatient player becomes a chaser. Very costly! The card odds just do not warrant the expenditure. You probably knew it as you called to see the flop. Be patient and persevere.
• If avoiding a loss weren’t enough, you can use the waiting time as the game is played out to more closely observe your opponents. Look for tells as they play their hands; think about what you are seeing, and gaining key information about your opponents you can use later during the session.
Recall your dear, departed grandma who had lots of experiences during her lifetime. Remember her advice to you: Be patient and persevere.
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