Sep 21, 2021
Poker is a game of risk. The chances
you take, the bets you make, determine the loss, or the reward.
It’s a heated calculus of quick decision-making, gut instinct, and
strategy. This week, on the second episode of the Risk mini-series
on No Turning Back, Stan and Chris speak to Annie Duke, a
former professional poker player whose titles include the NBC
National Poker Heads-Up Championship, as the World Series of Poker
Tournament of Champions.
In today’s discussion, Stan and Chris
speak to Annie about why most people don’t think
probabilistically when making decisions, why uncertain decisions
are often most impactful, and why no good decisions ever come from
consensus. She speaks to the power of a pre-mortem to think through
ways a plan can fail before it does, and discusses how poker
players not only think about winning, but winning the most they
absolutely can (even if it means taking on more risk). She brings
an academic focus, and intense inquisitiveness, to the game, and
her lessons and tactics about risk transcend poker.