POKERNOMICS

The economic importance of poker dates back to mid 18th century, when certain individuals, iconic in today's world in the North Western American states, predominantly a backward region, before the gold rush, were creating wealth which was disruptive.

The game Poker was attributed towards this phenomenon. In those times individuals used to make their own currency out of clay (round shaped called chips in today's parlance) and affix a insignia and used them to play the game. Though large bets were placed, The game Poker was not construed as gambling as the player never places a bet before he sees his hand and has the option of dropping without paying any money or materiel. The player only placed the bet after making an informed decision and basis his analytical interpretation proceeded to further the game. The winner had chips of others and he could either collect the payment on a deferred date for a small interest (birth of credit system) or take any materiel of use to him or get the person to work for him. If the loser was a lawyer, he would use his services (business expansion) and so on.

In-fact futures markets, first started in Chicago comprised of poker players. The game also increased their network across regions which benefited their business and services..

POKERATHEMATIC

It's possible to win in poker without learning the mathematics of the game. But, it's very difficult to become a consistent winner without learning Pokerathematic and you are limiting your potential. Majority of players are not very familiar with the mathematics of poker, and they're wondering if you can get by without learning the math of the game. You might like to think that poker is all about tells, reads and "feel", but you're only fooling yourself. It doesn't matter what kind of sixth sense you claim to have, if you don't know about pot odds you are throwing money down the drain.

Is poker mathematics difficult? Not nearly as difficult as you probably think it is. It's certainly not so difficult that you need to convince yourself that you'll never be able to get your head around it.

If you think you're intelligent enough to outwit your opponents, you have more than enough brain power to work with the numbers. And no, just because math wasn't your strongest subject at school it doesn't mean you're not going to be able to understand it all.

Mathematics is the foundation of every single tip and strategy involved with playing poker. Probability and odds control the edges that increase your win rate. You don't call with a drawing hand because you “have a good feeling", you call because you have good odds.