Life is Poker, not Chess
Wednesday, July 28, 2010
In game theory, games can be classified as being of either "perfect information" or "imperfect information". In games of perfect information, all the game data is available to all players at all times. Examples of this include Chess, Checkers and Go, where the pieces on the game board are visible to both players throughout the game and the exact outcome of every move can be determined given enough time and computational resources. Contrary to these are games of imperfect information which rely (often partially) on "hidden data" or "luck" such as most card games.


Poker is a game of imperfect information that I find very resemblant to our everyday's struggle with life. In poker, you can play with perfect strategy only to be beaten by pure luck. Although disappointing, this doesn't make the game any less interesting. Actually, this is EXACTLY what makes a game of such simple rules so thrilling and enjoyable.
Life is similar to poker in a sense that sometimes you still lose even if you play a perfect set of moves. For example, you might have worked twice as hard as any other student in high school only to find that some others have secured jobs that are far better than yours. In this case, the element of "luck" has contributed to the game result much more than your efforts.
Professional poker players understand that although you can't beat the odds at every single game, you can increase your chances of winning by perfect play and accumulate a statistical advantage over a number of rounds. It is important to understand that just because you lost a particular game doesn't mean you were wrong to play. So it is in life, one has to play as good as they can and hope that luck will roll in their favour. It is important not to look back with sorrow at any past efforts that were justified in their time but didn't yield fruit in the present. Again, just because we lost doesn't mean we were wrong to play.
Perhaps most importantly, one has to play with a solid belief that the odds are going to be in their favour one day. Only this way can one be ready to win the game when that day comes.
Fortune is when readiness meets opportunity.
