The essence of money management in the film

Charity 2022-03-20 09:01:36

The part of the film that deals with money management is basically the first 10 minutes and the last 15 minutes. That is, two cards played against the KGB boss.

From my understanding of the film, there are two main points of financial management:

1. Wait patiently until the winning rate is in your favor, but don't all in at any time.

2. When the winning rate is against you, you should give up even the best cards.

At first, the protagonist accumulated some funds by being careful and cautious, and then his desires inflated, thinking that only a little more courage can achieve a big leap in funds, so he found a place for KGB to make a big bet.

In the first contest, the protagonist is eager to all in to realize the dream of Las Vegas. As a result, the small probability event caused the protagonist to lose all funds, Game over.

After that, the protagonist experienced a series of setbacks and slowly returned to a cautious trading style. In the case of being forced to help, he was forced to come to KGB's field for the second time, hoping to use his card skills to solve his debt dilemma. .

In the second contest, the protagonist did a good job of risk control, and a lot of checks even angered the opponent. The two sides began to tug-of-war, and the opponent began to deteriorate emotionally, eager to defeat the protagonist with one big bet, and the capital strategy had begun to get out of control, and the protagonist finally won all the chips.

As for how to judge the winning rate, in addition to counting cards, the players in the film speculate on the opponent's cards based on the opponent's actions, expressions and other details. Psychological analysis is involved in actual combat, which requires a lot of experience and insight.

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Extended Reading

Rounders quotes

  • Worm: [to Roman and Maurice, chastising them for deliberately speaking Russian to each other while playing poker] You wanna see the seventh card, stop speaking fucking sputnik! I'm sure you guys were talking about Pierogies and snow but let's cut that out.

  • Worm: [Pretending to be a sore loser at the college fraternity game] Like my uncle Les used to say "When the money is gone, it's time to move on". So enjoy it, you secret handshaking assholes.