Poker and Bias

The speaker begins by explaining how having a bias when playing poker can be absolutely 1 . She gives the example of a big hand, when the other player seems uncertain, you look for 2 that they’re bluffing. She makes the point that you need to ask questions, and learning that skill can be 3 to becoming a great poker player. These ideas can be applied in life, when you may wish to hire a new person as a 4 who happens to be an old friend. There is a tendency to look for positive signs and 5 the overwhelming negative signs. The point the speaker is making is that our brains are 6 inclined to confirm what we believe. The status quo bias relates to things that have always been done this way, or have 7 in the past. In such situations, we have a 8 to not want to change our behaviour. She explains that in poker, she would rely on this instinct, and not 9 her playing style. Her advice is that we should look for situations where we could be using it to 10 staying in a situation rather than changing it.