Comment author: baiter 28 March 2011 07:28:17PM *  1 point [-]

This is really great! I was hoping some sort of rationalist/poker mashup would materialize (and would have organized something like this myself if my rationalist knowledge matched my poker knowledge ;-)

I've always believed poker to be a great test for rationality. OK, maybe it's not perfect -- but who can suggest something better? Also, it's got mainstream popularity going for it which is very valuable.

That said, there are other details which contribute to being good at poker. Last year I conducted an informal study into the personality traits of online poker players. There were only two measured factors which correlated (negatively) with poker success: age and Neuroticism. I would venture to say that a very rational person who also scores very high on the Neuroticism personality scale would not be good at poker. (Then again, a rational person could(?) retrain his or her level of Neuroticism, but then we're entering the whole nature vs. nurture debate of personality and that's a whole other topic...)

I'll be following your blog and would love to help out any way I can!

Comment author: JRMayne 26 March 2011 12:38:16AM 7 points [-]

Sure, there are good poker psychology issues. I'm in agreement on that.

But you can be a very fine rationalist without being good at cards, and vice versa. (I consider myself a fine rationalist, and I am very good at both poker and bridge; over the last 100 hours I've played poker (the last three years; I don't play online because it's illegal) I'm up about $60 an hour, though that's likely unsustainable over the long haul. ($40 an hour is surely sustainable.)

But you can be nutty and be great at cards. And if your skill set isn't this - and you're not willing to commit to some real time at getting good - you're going to get crushed. The idea that simple rationalism is going to lead to big wins is just wrong. You need the math and (less, I think) reading the opponents. You also need to develop the skill of being hard to read.

--JRM

Comment author: baiter 28 March 2011 06:57:55PM 0 points [-]

AFAIK playing online poker is NOT illegal in any state except Washington. What is illegal is for US financial institutions to conduct transactions with online gaming companies.

For a review see: http://en.wikipedia.org/wiki/Online_poker#Legality

Comment author: gwern 23 September 2010 10:47:08PM 6 points [-]

Is poker really doable? I was under the impression that amateurs were being driven out and even professionals were having difficulty dealing with poker bots and collusion.

Comment author: baiter 30 September 2010 08:08:41PM 0 points [-]

There is some truth to the fact that online poker is getting tougher, but it is definitely exaggerated. I can assure you that it is still beatable and very profitable by competent players.

Also, don't forget the option of playing live poker. With a little training and practice, I would bet that most readers of this blog (who aren't prone to emotional instability, aka "tilt") would easily dominate at least the low-stakes games.

Comment author: mattnewport 24 September 2010 05:44:03AM 2 points [-]

Gambling online for money is illegal anyway in the US. Lying about your age isn't such a stretch.

Comment author: baiter 30 September 2010 07:57:04PM 1 point [-]

Gambling online for money is NOT illegal in most states. What's explicitly illegal is for US banks/financial institutions to perform transactions with online gambling companies.

Comment author: ata 03 May 2010 01:54:07AM *  0 points [-]

A free man thinks of death least of all things

Does that mean "a free person thinks that death is the worst of all things" or "a free person thinks less often about death than about any other thing"?

(The former doesn't seem to have that much to do with freedom, so I'm guessing he meant the latter... in which case I agree with him, but probably not in the way he intended: yes, we won't think about death very often once we're free from it.)

Comment author: baiter 03 May 2010 10:41:54AM 1 point [-]

I think he means that it is irrational to ponder death when those moments can be spent living life productively. Not sure if I agree -- doesn't the thought of one's death often propel us to great action, while lack of such thoughts leads to complacency? Anyways here is the the proof from the Ethics:

Proof.— (67:1) A free man is one who lives under the guidance of reason, who is not led by fear (IV:lxiii.), but who directly desires that which is good (IV:lxiii.Coroll.), in other words (IV:xxiv.), who strives to act, to live, and to preserve his being on the basis of seeking his own true advantage; wherefore such an one thinks of nothing less than of death, but his wisdom is a meditation of life.

Comment author: baiter 02 May 2010 08:57:01PM *  3 points [-]

"A free man thinks of death least of all things; and his wisdom is a meditation not of death but of life."

-Baruch Spinoza

Comment author: LucasSloan 26 April 2010 12:40:13AM 1 point [-]

17th century Dutch history

Have you read An Alternate History of the Netherlands? It is a pretty fun what-if about how Dutch history might have gone better for the Dutch. I wouldn't recommend reading past the present day however, the author isn't very good at projecting future technology trends.

Comment author: baiter 26 April 2010 01:28:53PM 0 points [-]

Cool, I will take a look. I've frequently wondered how things would've developed had the Dutch been able to hold on to New Amsterdam...

Comment author: baiter 23 April 2010 11:44:10AM 5 points [-]

Hi all. 25 yo New Yorker here. Been following this site for a while now, since Eliezer was still writing at OB.

Currently I'm working on two tech startups (it's fun to not get paid). My academic background is in cognitive psychology. In addition to AI, rationality, cognitive bias, sci fi, and the other usual suspects, my interests include architecture, poker, and 17th century Dutch history. ;)

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