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A Mental Framework To Help You Invest In Yourself
By cheerful.egg  •  February 24, 2014

Let’s say you were playing poker and you were dealt the following cards:

AceKing

Everyone else calls the big blind of $0.20, until the player next to you raises her bet to $0.50. How much would you bet?

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Now let’s switch the game to In-Between (Click here if you need a refresher on the rules). You’re dealt the following two cards:

QueenThree

Your friends have been betting an average of $2-$5 in previous rounds. How much would you bet?

How Games Affect Betting Behavior

A couple of weeks ago, a few friends and I gathered for our usual Chinese New Year gambling card-playing session. We spent a couple of hours playing Texas Hold ‘Em, before moving on to In-Between.

I observed something interesting when we transitioned between the two games.

My friends and I usually bet in pretty small amounts for poker: A $0.50 raise here,  a ...

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By cheerful.egg
Hey, what’s up? My name’s Lionel. When I was a kid, my favourite comic of all time was Spider-Man. Before he became a superhero, Peter Parker had to deal the day-to-day struggles of a young person: Living with foster parents, grades, bullies, and getting pushed around.
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