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Variance is also the cause of the second biggest downside of being a professional poker player. 2. Difficulty assessing your win-rate. Understanding your own win-rate is an asset for any poker player. If you don’t have a good idea of what your win-rate is, then you will not be prepared for the length and magnitude of the resulting downswings.
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A poker nit is a player who only bets and raises with the very best possible hands that they could have, which makes them exploitable.
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