5 Genius Mental Models From Poker to Help Master Life: Thinking In Bets

Strategic decision-making approaches to build wisdom in your everyday decisions.

Annie Duke is the author of Thinking in Bets - A book full of genius psychology and poker tips to help you build mental models to make better decisions.

Annie is a psychologist studying cognitive behavioural decision science and in her life as a professional poker player she won the World Series. She was even the highest-paid female player in history when she retired.

Her psychology helped her poker and her poker helped her psychology.

The summation of her lessons are wrapped up in the book 'thinking in bets' and in today's episode I break down my 5 favourite rules and mental models from the book that are worth using in your life.

At a simple level, building wisdom is the process of making better decisions. Nothing more. so that's what we're going to learn about today

Related episodes

163: Making bets that pay off - Annie Duke - 23rd March 2021



Apple - https://podcasts.apple.com/us/podcast/163-making-bets-that-pay-off-annie-duke-author-speaker/id1273606075?i=1000514050530


Spotify - https://open.spotify.com/episode/1GXnNJqhPfZJtLxb7M3dCp?si=8e8a2edaa82f4ada

Thinking Fast and Slow - 12th July 2024




Upgrade to Premium:
🏖️ Ad-free listening
🤘 Support the show
🔓 Exclusive AMAs and bonus content
💬 Community Discord
GrowthMindset.Supercast.com


Sponsors:
💼 LinkedIn Jobs - The largest professional network in the world
Advertise your job for free - LinkedIn.com/growth



Get in Touch
👋 Free Call - Schedule Link - https://cal.com/samwebster/mindset
📧 Email - GrowthMindsetPodcast (@) gmail,com


Growth Mindset Psychology:
Sam Webster explores the psychology of happiness, satisfaction, purpose, and growth through the lens of self-improvement.
📺 Watch - YouTube (Growth Mindset)
🛜 Website - Growth Mindset



Chapters
00:00 Thinking in Bets summary - Understanding life's chances
01:56 How Annie Got into Poker
04:24 Rule 1 - Seek Truth
05:26 Rule 2 - Do not chase losses
07:08 Mental models
07:35 Model 1 - Wisdom is good choices - (you don't know what a good choice is)
10:32 Model 2 - Question common knowledge
12:55 Model 3 - Make bets
Learn more about your ad choices. Visit podcastchoices.com/adchoices

There are a lot of opinions on how to master your mind, but then there’s PSYCHOLOGY.
We’re all stuck with the brain we’re born with, but we aren’t stuck with how we use it.

Learn science-backed answers to make the most of your mind and your life.

CURIOUS?
Growth Mindset Psychology is the "self-help sceptic" podcast for the curious.
Whether you want to improve performance, navigate setbacks, or know who you are.
We find answers to the true science of self-improvement.
So put down the astrology chart and start working with your mind, instead of against it.
With over 8 million downloads and 60,000 monthly listeners, you’re invited to join.

PROCESS
Instead of telling you what to think, we discuss how thinking works.
Armed with a stack of science journals, textbooks and a boatload of curiosity, we uncover the mechanics of the mind.
Why? >>> Success is personal!
You might want to make the most of your neurodiverse strengths, start a business, or simply find more reasons to smile.
Hone your ability for independent thinking and growth with mental models to pursue your definition of success.

HOST
I’m Sam Webster Harris, a lifelong learner with ADHD, a raging curiosity, and an obsession with finding answers to hard questions.
After launching several businesses, travelling the world and nearly dying a few times I concluded that science and Psychology are where it’s at.
What actually makes people happy? What’s the best way to treat a brain? How can I get more done?
Studying the answers we find that changing behaviours requires building mindsets, mental models, and a healthy relationship with failure.
I run the show to help listeners enjoy nutritious content that feeds their minds (and I needed a legitimate excuse to cover for my reading addiction).

PREMIUM
Go Ad-Free and listen to exclusive content.
Support the show and access the AMA features and community Discord.
Growth Mindset Premium

ARCHIVE
Previous guests include Olympians, Scientists, Billionaires, and Sam's Mum.
Past series:
— Psychology vs Stoicism
— Time Management for busy mortals
— Independence and knowing yourself
— Cognitive biases and rational thinking
— Psychology of connection
— Carol Dweck and the Multiverse of Mindsets

• No. of episodes: 425
• Latest episode: 2025-05-16
• Education Self-Improvement Science Social Sciences

Where can you listen?