Poker: the new golf
Author: Simon Dexter
It didn’t take business owner Deepak Thadani long to discover that successful poker players have much in common with successful business people: “It’s not the hands that you’re dealt,” he says, “it’s the way you play them that separates the regulars from the pros. Just like in business.”
Thadani runs a New York-based network security company and a monthly game for the city’s business executives: “Poker is the new golf,” he suggests. “People get together at the poker table, they play and they build relationships.”
According to a report in this week’s Business Week, the trend is now discernable: “In the past decade, as poker has been inundated with amateurs who learned to play from televised tournaments and online gambling sites, many of the most successful no-names have had backgrounds in business,” it declares.
“Acting persuasively, reading opponents’ motives and handling the subtleties of a monetary transaction are skills the poker greats work tirelessly to hone. These same skills are essential for negotiating a business deal,” adds the American mag.
“In essence, each hand you are dealt in poker is like a product whose value you are trying sell to the rest of the table by placing bets, raising them, and calling other players’ bets. Your hand frequently won’t be the most valuable on the table. But by piecing together the limited information you have about your opponents and their hands—one might look nervous, one might be talking a lot, one might have a history of folding—you may be able to win with a well-timed and persuasive bluff.”
Poker the new golf? We’d be delighted to see photos of readers playing in their plus fours…
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