This has nothing to do with poker, but I loved this PS22 Chorus' version of the Survivor classic from Rocky, The Eye of the Tiger. Listening to it makes you feel that you can accomplish anything, and this version does a great job kicking the emotional boost up a notch.
Here's the video:
Check out their blog here:
PS22 Chorus: The Eye Of The Tiger!
2009/04/28
2009/04/22
[NEWS] Harvard Online Poker Study results: Poker is a Game of Skill
A Harvard Medical School study "Sitting at the virtual poker table: results from first ever epidemiological study of actual internet poker gaming behavior" by The Division of Addictions has been released and is in press.
[NEWS] Harvard online poker study results, Original Story:
Sitting at the virtual poker table: results from first ever epidemiological study of actual internet poker gaming behavior, in press
The results from the first ever epidemiological analysis of the actual gaming behavior evidenced by a large sample of 3,445 online poker players over the span of 2 years are about to be published. The study was conducted by the Division on Addictions, Cambridge Health Alliance, a Harvard Medical School teaching affiliate. This collaboration reflects the longstanding partnership with bwin, the world’s leading online gaming provider.
The partnership between bwin and the Division on Addictions was established in 2005 to provide a scientific basis for the assessment of conspicuous gaming behavior and its consequences for responsible gaming. Two key findings beginning to emerge from the research initiative are:
1. The myth of online gaming as a powerful seductive force has been empirically refuted. Online gaming has no greater problem potential than offline gaming.
2. Responsible gaming measures show effect.
The current research, which analyzes the behavior of Internet poker players over the course of two years, is the world’s largest longitudinal and the first ever epidemiological study of its kind.
Individuals exhibit rational behavior
"In this research we provide additional evidence in support of our previous research showing that most subscribers who gamble on the Internet do so moderately. In fact, correlation analyses indicated that as Percent Lost increased, Duration, Total Gambling Sessions, and Total Amount Wagered all decreased, suggesting that individuals moderated their behavior based on their wins and their losses – exhibiting "rational" betting behavior." says Howard Shaffer, PH.D., Associate Professor, Harvard Medical School, Director, Division on Addictions, The Cambridge Health Alliance, a teaching affiliate of Harvard Medical School.
* The average age of the cohort (sample) was 27.9 years and almost 95% were male. The typical poker player was an active poker player for a median duration of six and a half months and participated in a median of one poker session every three days. The median Euros per session gambled was €13 and the median cost of playing poker was €1.80 per session.
* The gaming behaviors of the most involved poker players show that this group, representing 5% of all players, was active for a duration of 18.5 months and participated in ten sessions per week.
* This 5% subgroup had a smaller percentage lost than the sample majority, suggesting that skill is a factor in poker play and that players are able to improve their performance compared with chance.
* When examining the most involved poker players who devoted more time and money to this activity, the study found that like the rest of the sample, they reduced Euros per session and reduced Total Wagered as Percent Loss increased.
"In our intention to replace speculation with scientific evidence, this study takes us a big step closer towards understanding the behavior of online poker players. Ultimately we are interested in developing algorithms capable of identifying behavioral patterns or identifying risk patterns associated with disordered gaming." says Manfred Bodner, Co-CEO of bwin.
That was the news as presented on the summary / press release found from Poker & Gambling. (The post also in German here in case that's your native language).
The original Harvard Crimson News article: Smaller Risk of Addiction in Web Gambling,
Internet gamers are more likely to regulate betting; less likely to become addicted.
The news has also been covered at Gambling Compliance: Harvard Concludes Bwin Poker Study.
Find the original article from here (you need to request password for the pdf for reprint if needed): The Division of Addictions - Library & Archive
News related to this study: Harvard Addiction Expert Says Online Gambling No Problem
Afterword
I'm was not that interested in the gambling addiction potential, or the lack of, as the study shows, I was more interested in the side-products of the study, if you will.
It was interesting to see that 5% of the players had smaller percentage of losses, and also that they reduced money per session and reduced Total Wagered as Percent Loss increased.
Doesn't this sound awfully lot like Bankroll Management? Moving to smaller games when you hit a downswing, but still keep the amount you play the same. It is alarming that only 5% or players do so, but it is no surprise that those 5% are the ones "losing the least", or in other words are most likely to be winning players.
And look at it the other way, 95% of the players are not part of the most likely winning players who:
a) do proper bankroll management
b) do lose higher percentage than the top 5%
So this is great news, online poker has been around for quite some time already, but there's plenty of players to beat! And speaking of beating the field, perhaps the biggest conclusion in the study is the acknowledgement of the skill factor in poker:
My non-harvardic conclusions
1. Poker is a Game of Skill
2. Proper Bankroll Management is Essential to Winning Poker
3. The myth of Online gaming having greater problem potential than offline gaming is BUSTED!
Keep Yourself and Your Friends Updated.
Subscribe to the RSS Feed.
If you think this post was useful, share it with your friends. You can easily send this post to your friend with email, bookmark it, or share the link in various social networks (like Twitter, Facebook, StumbleUpon, Digg, etc.) with the buttons below the post on the blog.
[NEWS] Harvard online poker study results, Original Story:
Sitting at the virtual poker table: results from first ever epidemiological study of actual internet poker gaming behavior, in press
The results from the first ever epidemiological analysis of the actual gaming behavior evidenced by a large sample of 3,445 online poker players over the span of 2 years are about to be published. The study was conducted by the Division on Addictions, Cambridge Health Alliance, a Harvard Medical School teaching affiliate. This collaboration reflects the longstanding partnership with bwin, the world’s leading online gaming provider.
The partnership between bwin and the Division on Addictions was established in 2005 to provide a scientific basis for the assessment of conspicuous gaming behavior and its consequences for responsible gaming. Two key findings beginning to emerge from the research initiative are:
1. The myth of online gaming as a powerful seductive force has been empirically refuted. Online gaming has no greater problem potential than offline gaming.
2. Responsible gaming measures show effect.
The current research, which analyzes the behavior of Internet poker players over the course of two years, is the world’s largest longitudinal and the first ever epidemiological study of its kind.
Individuals exhibit rational behavior
"In this research we provide additional evidence in support of our previous research showing that most subscribers who gamble on the Internet do so moderately. In fact, correlation analyses indicated that as Percent Lost increased, Duration, Total Gambling Sessions, and Total Amount Wagered all decreased, suggesting that individuals moderated their behavior based on their wins and their losses – exhibiting "rational" betting behavior." says Howard Shaffer, PH.D., Associate Professor, Harvard Medical School, Director, Division on Addictions, The Cambridge Health Alliance, a teaching affiliate of Harvard Medical School.
* The average age of the cohort (sample) was 27.9 years and almost 95% were male. The typical poker player was an active poker player for a median duration of six and a half months and participated in a median of one poker session every three days. The median Euros per session gambled was €13 and the median cost of playing poker was €1.80 per session.
* The gaming behaviors of the most involved poker players show that this group, representing 5% of all players, was active for a duration of 18.5 months and participated in ten sessions per week.
* This 5% subgroup had a smaller percentage lost than the sample majority, suggesting that skill is a factor in poker play and that players are able to improve their performance compared with chance.
* When examining the most involved poker players who devoted more time and money to this activity, the study found that like the rest of the sample, they reduced Euros per session and reduced Total Wagered as Percent Loss increased.
"In our intention to replace speculation with scientific evidence, this study takes us a big step closer towards understanding the behavior of online poker players. Ultimately we are interested in developing algorithms capable of identifying behavioral patterns or identifying risk patterns associated with disordered gaming." says Manfred Bodner, Co-CEO of bwin.
That was the news as presented on the summary / press release found from Poker & Gambling. (The post also in German here in case that's your native language).
The original Harvard Crimson News article: Smaller Risk of Addiction in Web Gambling,
Internet gamers are more likely to regulate betting; less likely to become addicted.
The news has also been covered at Gambling Compliance: Harvard Concludes Bwin Poker Study.
Find the original article from here (you need to request password for the pdf for reprint if needed): The Division of Addictions - Library & Archive
News related to this study: Harvard Addiction Expert Says Online Gambling No Problem
Afterword
I'm was not that interested in the gambling addiction potential, or the lack of, as the study shows, I was more interested in the side-products of the study, if you will.
It was interesting to see that 5% of the players had smaller percentage of losses, and also that they reduced money per session and reduced Total Wagered as Percent Loss increased.
Doesn't this sound awfully lot like Bankroll Management? Moving to smaller games when you hit a downswing, but still keep the amount you play the same. It is alarming that only 5% or players do so, but it is no surprise that those 5% are the ones "losing the least", or in other words are most likely to be winning players.
And look at it the other way, 95% of the players are not part of the most likely winning players who:
a) do proper bankroll management
b) do lose higher percentage than the top 5%
So this is great news, online poker has been around for quite some time already, but there's plenty of players to beat! And speaking of beating the field, perhaps the biggest conclusion in the study is the acknowledgement of the skill factor in poker:
This 5% subgroup had a smaller percentage lost than the sample majority, suggesting that skill is a factor in poker play and that players are able to improve their performance compared with chance.
My non-harvardic conclusions
1. Poker is a Game of Skill
2. Proper Bankroll Management is Essential to Winning Poker
3. The myth of Online gaming having greater problem potential than offline gaming is BUSTED!
Keep Yourself and Your Friends Updated.
Subscribe to the RSS Feed.
If you think this post was useful, share it with your friends. You can easily send this post to your friend with email, bookmark it, or share the link in various social networks (like Twitter, Facebook, StumbleUpon, Digg, etc.) with the buttons below the post on the blog.
[VIDEO] Why People Fail in Poker
So the video is titled Why People Fail in Poker, but someone should tell Carl how not to fail with video editing!
I'll be honest, I'm linking this because the face/expression at the beginning is priceless :)
Luckily there's some decent advice about using poker software to track your play and constantly evaluate how you are doing and playing, so it's actually worth a watch too if you feel like it.
In a sense, it's two vids at the price of one, first you get a good laugh before you even start, and then your learn something!
[VIDEO] Why People Fail in Poker (with Funny Face Bonus!)
Click play and prepare yourself, you might miss it (the face)!
You can also watch the video here: Why People Fail in Poker by carlsampson
I'll be honest, I'm linking this because the face/expression at the beginning is priceless :)
Luckily there's some decent advice about using poker software to track your play and constantly evaluate how you are doing and playing, so it's actually worth a watch too if you feel like it.
In a sense, it's two vids at the price of one, first you get a good laugh before you even start, and then your learn something!
[VIDEO] Why People Fail in Poker (with Funny Face Bonus!)
Click play and prepare yourself, you might miss it (the face)!
You can also watch the video here: Why People Fail in Poker by carlsampson
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