They are talking about poker everywhere.
This morning there was a segment on CBS Sunday Morning. The report was focusing on the World Poker Tour. Last year, the tour had $10 million in prize money. Tour organizers estimate prize money will be around $30 million this year and $50 million next year. The other number thrown out was that 50 million Americans play poker. Seems a little high.
They say the rise in poker’s popularity is due to the card cam, which gives viewers the ability to see the players cards. Producers say it creates drama – you knowing player A should fold, because player B has a pair of aces.
The March issue of Fast Company has a one pager what business folks can learn from the poker world:
- Bluff when you can, not when you have to.
- Don’t speak when you can nod
- Always be willing to fold a strong hand
- Always be willing to call with a weak hand
- Patience is the highest virtue
Recommended books from the article include:
Play Poker Like the Pros by Phil Hellmuth Jr. (from one of the best on the tour)
The Theory of Poker by David Sklansky (cult classic)
Positively Fifth Street by James McManus (lit prof turned poker player talks history, strategy, and his run at the World Series of Poker)
There seems to be a thriving poker blog community. What first led me there was The Intrepid Card Player’s take on United from this week’s COTC. He lists a dozen poker blogs and that led me to a ton more. You are interested in checking out poker blogs Guinness and Poker seems to have a pretty complete list.