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Poker players don’t lose with bad hands, they lose with great hands. I once saw a player dealt a four of a kind while the other player was dealt a full house. Those are the second and third best hands in poker, but the fellow dealing the cards had a royal flush—the highest hand in all of poker. If you have four of a kind or a full house, then you are supremely confident, and by the time those cards were dealt everyone had all their pennies on the table. It was a complete loss for those two players and an illustration of the dangers of a great hand. If you have a bad hand, then you won’t make losing bets. But great hands are susceptible to losing bets. Read more