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TEDxWestlake - July 12, 2012Our first TEDxWestlake explored the accelerating change in the world around us. This change is largely driven by the power of the.
- The poker community is remarkably good at self-policing. If we can all agree that it is poor behavior to register a tournament or show up to a cash game when you know you have a cold or flu, I think we can all hold each other accountable to stop doing this and make a big difference in how much illness is spread at poker events.
- TED Talk Subtitles and Transcript: Is it better to be lucky or good? Should we trust our gut feelings or rely on probabilities and careful analysis when making important decisions? In this quick talk, professional poker player Liv Boeree shares three strategies she's learned from the game and how we can apply them to real life.
Most poker fans and players know Liv Boeree as an accomplished poker pro. She has been in the game for more than a decade, first recognized as the winner of the Ladbrokes Poker European Ladies Championship in 2008 but most well-known for her 2010 European Poker Tour Main Event victory at EPT San Remo for €1.25 million. She won her first World Series of Poker bracelet in 2017 with partner Igor Kurganov, and she continues to represent PokerStars as she has for many of her years in poker.
With live tournament earnings of nearly $3.8 million, in addition to numerous online poker successes, Boeree is a popular and respected poker pro. But most people know there’s much more to her story.
Two TED talks in 2018 give some insight into how Boeree’s mind works and how much people can learn from the famous British poker player.
Merging Passions
There is no doubting Boeree’s passion for poker. But many who have followed her career also know that she was educated in physics, as she graduated from the University of Manchester with a First Class Honours degree in Physics with Astrophysics. Science is so much a part of Boeree’s world that she now calls herself a science communicator.
As her website states on the front page:
I’m Liv: British, brown hair, best known for being a poker player.
I deeply love physics, and am fascinated by the applications of scientific thinking to everyday life. My goal is to understand how we make better decisions in this uncertain world.
While side ventures like modeling have always come naturally to Boeree, she has also proven herself a gifted speaker. Whether speaking about altruistic giving, poker, probability, or business, Boeree has appeared as a guest speaker at altruism conferences, Google’s headquarters, and various universities, like Oxford.
TED Talks
It should be no surprise that Boeree would be an ideal guest at a TED Talk. TED stands for technology, entertainment, design, and what started as an annual conference in 1990 has broadened to a globally-popular and wide-ranging series of talks that live up to the “ideas worth spreading” slogan.
Her first appearance was a TEDx Talk in Manchester in February 2018. The topic was probabilities and how they can be used to improve people’s ability to make decisions in everyday life. Of course, her career as a poker pro is mentioned more than once, as the use of mathematics in poker decisions has taught her lessons – combined with her background in physics – that she uses throughout life.
“It is important to look at life through a probabilistic lens,” Boeree explained. “The world around us, kind of like a card game, is ultimately governed by the laws of chance and statistics.” She used multiple examples – mostly outside the world of poker – to illustrate that people can better manage the ups and downs of life if viewed through realistic probabilities. When that happens, she noted, “we’ll actually be better equipped to handle all the good and bad luck that life might throw at us. Because while we’ll never be certain which path our future will take, we can control the likelihoods of the paths that we want.”
Two months later, Boeree took to the stage at the official TED conference with lessons on making decisions that she garnered from her years in poker. She boiled it down to three essential lessons from poker that can be applied to everyday life.
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The first lesson was finding a balance between skill and luck, realizing that no matter the level of skill applied, luck will play a role in many things that occur in life. The second did pertain to probability in that quantifying one’s thinking helps with planning and preparing for things, instead of using broad terms like probably or sometimes. Finally, the third lesson was to balance intuition with reality, as intuition shouldn’t be overvalued when data can better predict what life has in store.
As Boeree explained in her final meme example from her presentation, “The future is unknown, but you can damn well try to estimate it.”
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It's been observed more than a few times that poker and life have a lot in common. As Team Pro Liv Boeree explains in her latest TED talk, you can draw some important life lessons from the game when it comes to making decisions.
'Like poker, life is also a game of skill and luck,' Boeree says at the start of the talk. 'And when it comes to the biggest things we care about -- health, wealth, and relationships -- these outcomes don't only depend on the quality of our decision making, but also on the roll of life's dice.'
How, then, can we evaluate the quality of our life strategies? How do we learn to quantify the difference between being lucky and being good? And how can we tell when we should study a problem carefully and when we can just go with our gut?
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There's an 85 percent chance that all the answers are right here in this five-minute talk: