5 Reasons Why a Poker Education is Better than a University Degree
As someone who has played poker for years and has an engineering
degree from a prestigious university, if someone asks me which of
those two were more valuable, my answer is poker by far. There are
many aspects of poker that translate phenomenally to success in the
"real-world", whereas much of the university experience becomes
useless once you graduate. It's not a coincidence that top minds on
Wall Street also excel at poker. If you had $50-100,000 for an
education, here's why you should pick the tables over the school desk.
online poker 468x60 Lesson 1: Master Emotions, Don't Just Put Up With
Them Look at the majority of students during exam time. They stress
out, panic, revert to terrible eating, sleeping, and studying habits,
and then do mediocre on the exam. Instead of refining and improving
their habits and studying techniques, they repeat this about 8 times
during their education, once at the end of each semester. Contrast
that with a poker player. There are easily visible consequences when
you get flustered at the table. An angry or unstable player that goes
on tilt typically faces heavy losses. This is a lesson that every
player learns early on in their poker career. At that point, you have
two choices: play the same way, or make improvements. The winners of
poker make adjustments and spend copious amounts of time and energy
learning about and understanding their emotions. Emotional control is
important not only in your professional life, but also in your
personal life. It's hard to form and maintain deep relationships with
those around you if you can't understand and control your frustration
and anger at times. Lashing out at others in times of great stress is
a sure way to leave yourself isolated and unsuccessful. Lesson 2:
Consistency is Key In most majors, students will slack off for most of
the term except around mid-term exams and final exams. Despite this, a
week or two of intense studying can result in a passable grade. You'd
be out of your mind to use a strategy like that as a poker player.
Imagine half-assing ten sessions and then playing your A-game for one
session. There are a handful of people on the planet who would be able
to do that and not lose their shirts. Over time, a poker player
develops the habit of focus and putting forth their best effort on a
continuous basis. Aristotle said "We are what we repeatedly do.
Excellence, then, is not an act, but a habit." The students who do
find a job out of school do not usually have the capabilities to
continuously put in top quality work and stand out. A poker player, on
the other hand, learns to apply that excellence mindset to everything
he or she does. This is why many great poker players have become
successful at other completely non-related ventures as well. Lesson 3:
Embrace Variance, Focus on the Process Most students at college or
university look at major events as definite occurrences. Get good
grades, graduate, get a job, get married, etc. But life doesn't go
that smoothly. There are always obstacles and problems that will get
in the way, most of which are out of your control. Most people get
stuck at the impasses, thinking that they must have done something
wrong. Poker players know better. Even if you get your money in as a
99 percent favorite, you're still going to lose that 1 percent of the
time. But over time, as you do the right things, the results will
follow. It's that perseverance mindset that you develop after going
through downswings that translates to life. The confidence that you
are doing the right things, and just because factors out of your
control aren't cooperating at a given time, you must persist.
Persistence and determination are two of the most important qualities
to achieve success in life, and there is no better teacher than the
poker table. Lesson 4: It's a Heck of a Lot Cheaper While it's great
to have a huge bankroll while learning to play poker, many extremely
successful players have started from small deposits of $1,000 or less.
Some have even started with winnings from freerolls. Compare that to a
typical university in North America. The cost of a 4 year education
can range from $50,000 to upwards of $300-400,000 if you attend a
prestigious private institution. Despite these exorbitant costs, your
degree won't even guarantee you a job, which means all you're left
with is a piece of paper and the knowledge you learned. For many
students, those two things are not worth anywhere close to the price
they paid. Not only does poker not cost as much to get started, after
the first few months of studying, most players can become profitable.
At that point, you're essentially getting paid to learn. Lesson 5:
Education Never Ends The most important lesson comes last. Poker is
full of tales of those who were once on top and regressed to the pack.
Winners can become losers just as fast as losers can become winners.
The players you look to emulate, the ones on top of the game year
after year are constantly learning and improving to stay ahead.
Compare that with the average student who graduates. Typically that
last semester is the last time they will truly focus on learning and
improving, which is really sad when you think about it. There's no
better way to put it than Benjamin Franklin did: "Some people die at
25 and aren't buried until 75." Regardless of whether you play poker
long into the future or not, take the lessons you learn and never stop
learning. Education should be a lifelong habit that will issue the
greatest rewards you can imagine. Poker isn't perfect, and perhaps it
shouldn't replace traditional schooling. However, consider the true
value of what you're getting at the tables and you will see your time
and money playing poker in a whole new light.