HomeUploadUpload DirectHotlinkRandomAbouttheme toggle
Expand

Poker Champion Annie Duke on Making Smart Bets in Life, Politics, and Football

Views:962
@ReasonVids

Poker Champion Annie Duke, who retired in 2012 after making over $4 million in tournament winnings, discusses her new book "Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts."

----------------
Subscribe to our YouTube channel: http://youtube.com/reasontv
Like us on Facebook: https://www.facebook.com/Reason.Magazine/
Follow us on Twitter: https://twitter.com/reason
Subscribe to our podcast at iTunes: https://goo.gl/az3a7a

Reason is the planet's leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point of view you won't get from legacy media and old left-right opinion magazines.

----------------
"Life is poker, not chess," says Annie Duke, a former professional poker player and the author of a new book, "Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts." Chess is a game of skill with "very little luck involved," while in poker good decisions and good outcomes often don't go together.

Duke cites Seattle Seahawks Coach Pete Carroll's decision in the 2015 Super Bowl to call for a pass play that was intercepted. Since the interception rate in situation like this is about one or two percent, it was a good decision that didn't work out. In football, like life, humans are prone to draw the wrong conclusions from situations involving bad luck.

"We go around and we change our decision making because we've evaluated the quality of a decision based on one outcome," says Duke. "Try and cordon yourself off from the outcome and recognize the uncertainty of the future."

Reason's Nick Gillespie sat down with Duke to discuss life, chess, poker, football, and why we can all benefit from exposure to dissenting opinions.

Cameras by Jim Epstein and Andrew Heaton. Edited by Austin Bragg.

Photo Credits: Jon Soohoo/UPI/Newscom, Rich Graessle/Icon Sportswire/Newscom, Kevin Dietsch/UPI/Newscom, John Angelillo/UPI/Newscom, Chris Coduto/Icon Sportswire/Newscom, Shane Roper/Cal Sport Media/Newscom, Chris Wattie/REUTERS/Newscom, Charles Baus/Cal Sport Media/Newscom

libertarian
,
reason magazine
,
reason.com
,
reason.tv
,
reasontv
,
annie duke
,
poker
,
decisions
,
pete carroll
    Thumbnail for After Escobar: How the US Imposed its Own Drug War on Colombia26:22
    After Escobar: How the US Imposed its Own Drug War on Colombia
    ReasonVids
    907 views
    Thumbnail for Why Civilians Must Acknowledge the Individual Cost of War: War Letter Collector Andrew Carroll2:54
    Why Civilians Must Acknowledge the Individual Cost of War: War Letter Collector Andrew Carroll
    ReasonVids
    930 views
    Thumbnail for Greek Bronzes and the Rise of Artistic Realism: Power and Pathos Exhibit3:19
    Greek Bronzes and the Rise of Artistic Realism: Power and Pathos Exhibit
    ReasonVids
    973 views
    Thumbnail for Tolls, Not Taxes: How Americans Want to Fix Traffic Jams10:05
    Tolls, Not Taxes: How Americans Want to Fix Traffic Jams
    ReasonVids
    903 views
    Thumbnail for Remy: Surfin' USA (Beach Boys Lockdown Parody)1:51
    Remy: Surfin' USA (Beach Boys Lockdown Parody)
    ReasonVids
    918 views
    Thumbnail for Hail Satan? A New Documentary Depicts Devil Worshipers as Unlikely Defenders of the First Amendment16:41
    Hail Satan? A New Documentary Depicts Devil Worshipers as Unlikely Defenders of the First Amendment
    ReasonVids
    845 views
    Thumbnail for Glong0:33
    Glong
    AOUisgay
    470 views
    Thumbnail for Stossel: Venezuela IS Socialism4:52
    Stossel: Venezuela IS Socialism
    ReasonVids
    877 views
    Thumbnail for INJUSTICE 2 Walkthrough Gameplay Part 7 - Nightwing (Story Mode) | theRadBrad14:02
    INJUSTICE 2 Walkthrough Gameplay Part 7 - Nightwing (Story Mode) | theRadBrad
    invidious
    353 views
    Thumbnail for Police Shoot, Kill 80-Year-Old Man In His Own Bed, Don't Find the Drugs They Were Looking For7:40
    Police Shoot, Kill 80-Year-Old Man In His Own Bed, Don't Find the Drugs They Were Looking For
    ReasonVids
    971 views
    Thumbnail for Target destroyed 0:23
    Target destroyed
    bestofupgoat
    473 views
    Thumbnail for Should the Government Provide Health Insurance to All Americans? A Soho Forum Debate1:31:39
    Should the Government Provide Health Insurance to All Americans? A Soho Forum Debate
    ReasonVids
    813 views
    Thumbnail for Ukraine Missile Wipes Out Top North Korea Generals | Business Basics17:04
    Ukraine Missile Wipes Out Top North Korea Generals | Business Basics
    invidious
    138 views
    Thumbnail for Rune Chat #103 | Pets and Their Lies1:20:51
    Rune Chat #103 | Pets and Their Lies
    RuneChat
    576 views
    Thumbnail for 🔴24/7 Cat TV for Cats to Watch 😺 Little Birds and Red Squirrels in Winter Wonderland | Red Squirrel Studios1:00
    🔴24/7 Cat TV for Cats to Watch 😺 Little Birds and Red Squirrels in Winter Wonderland | Red Squirrel Studios
    invidious
    343 views
    Thumbnail for The Harsh Reality of Obamacare's Premium Hikes10:52
    The Harsh Reality of Obamacare's Premium Hikes
    ReasonVids
    844 views
    Thumbnail for Instant Regret Compilation (Episode 91) | Fails Compilation | JustA Regret30:25
    Instant Regret Compilation (Episode 91) | Fails Compilation | JustA Regret
    invidious
    396 views
    Thumbnail for DANCE PARTY SONGS 2023 - Mashups & Remixes Of Popular Songs - DJ Remix Club Music Dance Mix 2023 | Knight EDM1:00
    DANCE PARTY SONGS 2023 - Mashups & Remixes Of Popular Songs - DJ Remix Club Music Dance Mix 2023 | Knight EDM
    invidious
    343 views
    Thumbnail for Knights Of Guinevere [TEASER] | GLITCH0:41
    Knights Of Guinevere [TEASER] | GLITCH
    invidious
    110 views
    Thumbnail for After Arnold: California gubernatorial candidate Tom Campbell.9:15
    After Arnold: California gubernatorial candidate Tom Campbell.
    ReasonVids
    1006 views
    Thumbnail for Doctors demand vaxx producers indicted for medical fraud2:18
    Doctors demand vaxx producers indicted for medical fraud
    bestofvoatxyz
    561 views
    Thumbnail for Some orphaned wild Monkey videos melt even my bitter cold heart. SOOOOO CUTE!0:39
    Some orphaned wild Monkey videos melt even my bitter cold heart. SOOOOO CUTE!
    poalcatbox
    673 views
    Thumbnail for What Kind of a Monster Bans Chipotle?! (Nanny of the Month, April 2013)1:44
    What Kind of a Monster Bans Chipotle?! (Nanny of the Month, April 2013)
    ReasonVids
    886 views
    Thumbnail for Stossel: Government Shutdown Shows Private Is Better4:49
    Stossel: Government Shutdown Shows Private Is Better
    ReasonVids
    955 views
    Thumbnail for 'I won that debate by a lot' | The National Desk1:00
    'I won that debate by a lot' | The National Desk
    invidious
    188 views

points

Permalink
Reply
libertarian
,
reason magazine
,
reason.com
,
reason.tv
,
reasontv
,
annie duke
,
poker
,
decisions
,
pete carroll
TOS  •  Add Keywords  •  Donate  •   Analytics  •   DMCA  •   Puzzle