An edition of Thinking in bets (2018)

Thinking in bets

making smarter decisions when you don't have all the facts

  • 3.7 (21 ratings)
  • 154 Want to read
  • 2 Currently reading
  • 27 Have read
  • 1 Stopped reading
Thinking in bets
Annie Duke, Annie Duke
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  • 154 Want to read
  • 2 Currently reading
  • 27 Have read
  • 1 Stopped reading

Last edited by AgentSapphire
September 16, 2026 | History
An edition of Thinking in bets (2018)

Thinking in bets

making smarter decisions when you don't have all the facts

  • 3.7 (21 ratings)
  • 154 Want to read
  • 2 Currently reading
  • 27 Have read
  • 1 Stopped reading

"Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result. In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in football history: With 26 seconds remaining, and trailing by four at the Patriots' one-yard line, he called for a pass instead of a hand off to his star running back. The pass was intercepted and the Seahawks lost. Critics called it the dumbest play in history. But was the call really that bad? Or did Carroll actually make a great move that was ruined by bad luck? Even the best decision doesn't yield the best outcome every time. There's always an element of luck that you can't control, and there is always information that is hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets: How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making? Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it's difficult to say "I'm not sure" in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions don't always lead to great outcomes and bad decisions don't always lead to bad outcomes. By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. You'll become more confident, calm, compassionate and successful in the long run"--

Publish Date
Publisher
Portfolio/Penguin
Language
English
Pages
276
Edition Availability
Cover of: Bahse Var Misin?; Belirsizlik Ortaminda Dogru Kararlar Vermek
Bahse Var Misin?; Belirsizlik Ortaminda Dogru Kararlar Vermek
Oct 28, 2019, Mediacat Kitaplari
paperback in Turkish
Cover of: Thinking in Bets
Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts
May 07, 2019, Portfolio
Paperback in English
Cover of: Thinking in bets
Thinking in bets: making smarter decisions when you don't have all the facts
2018, Portfolio/Penguin
in English

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Book Details


Table of Contents

Introduction: Why this isn't a poker book
Life is poker, not chess
Wanna bet?
Bet to learn: fielding the unfolding future
The buddy system
Dissent to win
Adventures in mental time travel.

Edition Notes

Includes bibliographical references (pages 241-266) and index.

Other Titles
Making smarter decisions when you don't have all the facts
Copyright Date
2018

Classifications

Dewey Decimal Class
658.4/0353
Library of Congress
HD30.6 .D85 2018, HD30.6.D85 2018, HD30.6 .D85 2018eb

The Physical Object

Pagination
ix, 276 pages
Number of pages
276

Edition Identifiers

Open Library
OL26949376M
ISBN 10
0735216355
ISBN 13
9780735216358
LCCN
2017042666
OCLC/WorldCat
999443118, 1022267317

Work Identifiers

Work ID
OL19736287W

Community Reviews (1)

Pace 1 Slow paced 100% Enjoyability 1 Exciting 100% Clarity 1 Incomprehensible 100% Difficulty 1 Advanced 100% Breadth 1 Focused 50% Interdisciplinary 50% Genres 1 How-to 100% Mood 1 Calm 100% Impressions 1 Best in class 33% Highly recommend 33% Quotable 33% Length 1 Long 33% Short 33% Medium 33% Credibility 1 Outdated 100% Features 1 Proofs 100% Content Warnings 1 Offensive language 25% Racism 25% Insensitivity 25% Trigger warnings 25% Style 1 Neologisms 100% Purpose 1 Broaden perspective 100%

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Wikipedia citation

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{{cite book|author=Annie Duke |date=2018 |title=Thinking in bets |publisher=Portfolio/Penguin |isbn=978-0-7352-1635-8 |lccn=2017042666 |oclc=999443118 |ol=26949376M}}