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Valuable information should not be shared

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Valuable information should not be shared

Imagine you find a huge pile of gold in your backyard. If you want to maximize your EV in this situation, you most certainly don't want to shout that you found a bunch of gold. Even worse, you wouldn't want to post your address on CraigsList saying that you found a bunch of gold and celebrate.

The Internet allows information to be spread quiet easily. This leads to progress in most cases. In competitive industries, it makes more sense to safeguard valuable information. Poker is a competitive industry. Valuable information should not be shared.

Food for thought for winning regulars who share information, and for the players who are moving up the ranks to realize that the most valuable information is not being shared.

-Mush

31 Comments

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Samu Patronen 9 years, 4 months ago

There's a certain level of irony in this post when you post it on a training site. :D

But yeah, it is a valid point. We can also come to a conclusion that a lot of free poker advice is often not that great (cough twitch cough) and you should always think with your own head and at the same time search the best possible learning material out there.

You have to use money to make money. Poor people use their money on stuff that doesn't make them more money. Rich people invest their money and make more money. Getting coaching or paying for learning material is in a way an investment.

A_Trey 9 years, 4 months ago

Totally agree. I told some of my poker friends I was joining this poker training site and they all said why would you do that when you can watch twitch players for free. But I knew the value in joining a training site like this and joined anyways. I wanted specific info on the games I want to learn about and just learn from proven players. Also it def is an investment in yourself and if you wont invest in yourself don't expect others to ever invest in you.

trondeez 9 years, 4 months ago

Oh snap!!!

Did you say money over education?

Great!... This is just what ive been looking for ever since that Going Clear video messed my shit up.

Sign me up... Im all in!

Sauce123 9 years, 4 months ago

a) knowing stuff and executing at the table are a lot different
b) the assumption that being maximally self interested is the definition of rational behaviour is questionable
c) video producers get paid to share their info which counterbalances their incentive to hold valuable info back

twinskat 9 years, 3 months ago

Sulsky says : "b) the assumption that being maximally self interested is the definition of rational behaviour is questionable"

Ben,wouldn't this depend on time frame and perspective? I think this sounds somewhat like Ayn Rand's "Objectivism" or am I missing something?

I think being 'selfish' in the Rand sense seems very Plus EV.

which

Wysedroid 9 years, 4 months ago

All views of 'keep the info to yourself' are terribly short-sighted.
Even a great, selfish player at higher stakes would be greatly incentivized to teach lower stakes guys to get better and better in order for him to get action in the future. In the time it takes the lesser player to get as good as/ surpass the coach is a huge ev time period for the coach. The clearest example is actually guys like Phil Ivey/ Galfond: they, in particular, are GREATLY incentivized to help high stakes guys take the jump into the nosebleeds as their player pool is so shallow. Players will get better and better (more action) but still not as good as their counterparts for a very profitable window of time.

One can even see the effects as a whole: Prior to training sites the mass player pool across all stakes is X; after the training site 'boom' the pool is 10X+ (?) and growing...

twinskat 9 years, 3 months ago

boomer--Despite her abilities as a writer, Rand's philosophies are, at best, questionable"

not saying anything about her philosophy being good/bad, just that it sounded familiar to previous arguments about self interest and rational behaviour.

which
"

MrSneeze 9 years, 3 months ago

The game for sure becomes tougher. As for 'valuable information', this changes all the time. You may try to keep your secrets, but that won't make you resist to the change of time. The most valuable advice in poker is that you should always adapt and improve. Preferably doing it before everybody else does.
'Top of the wave'.

Why do some of the best players give coaching? Because thinking about the game, interacting and teaching make them more accurate players, they get to know the game and themselves better. So what they lose by sharing, they gain it back by being one step ahead of 'what's catching up' in the game.
Knowledge is perpetually relative. That's true for poker. So it's not about 'having knowledge' and keep it like a squirrel with his nuts. It's about surfing.

YashN 8 years, 7 months ago

Well, teaching can make you better yourself as you verbalise and structure thoughts, rules and process.

However, after a while, big money being involved at the highest levels, you don't want to create great adversaries.

Case in point: Fedor... he was coaching, he had a stable (maybe still has?), then he seriously upped his game, and decided not to share his new knowledge on videos on RIO anymore.

At the end of the day, it's war and you need to crush the others to get to the big payouts, and you don't want to give them the edge you have. It's a game of imperfect information, so the more you have, the better for you.

aceofspade 9 years, 2 months ago

I half agree with mushmellow.
I agree that there are some info that you need to keep to yourself because it will give you a great advantage playing, but i also disagree with mushmellow because there some info that you should share to people.

But, i'm not saying it should be free.
You know the information you hold is valuable, so you sell it.
That's why there are coaches, they sell their knowledge.
That's why there are training software's like ace poker drills .

In any case you cant hide your "valuable information" for long, somehow you will have a leak somewhere and everyone will know.

So just sell it when its still has value

Gay Theory 9 years, 2 months ago

So just sell it when its still has value

thats pretty much why they sell it, can happen that poker dies or that info can turn out to be wrong later on, but u still got $$$ on it

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