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Treat Your Poker Like a Business Paperback – July 3, 2012


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Treat Your Poker Like a Business + Don't Listen to Phil Hellmuth: Correcting the 50 Worst Pieces of Poker Advice + The Mental Game of Poker: Proven Strategies for Improving Tilt Control, Confidence, Motivation, Coping with Variance, and More.
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Product Details

  • Paperback: 200 pages
  • Publisher: Cardoza; Original edition (July 3, 2012)
  • Language: English
  • ISBN-10: 1580423116
  • ISBN-13: 978-1580423113
  • Product Dimensions: 5.5 x 0.6 x 8.5 inches
  • Shipping Weight: 9.6 ounces (View shipping rates and policies)
  • Average Customer Review: 3.9 out of 5 stars  See all reviews (17 customer reviews)
  • Amazon Best Sellers Rank: #392,039 in Books (See Top 100 in Books)

Editorial Reviews

About the Author

Dusty Schmidt’s resumé is legendary: Nearly 10 million hands, 12,000 hours of playing poker, mind-blowing win rates. $4 million won in cash games, and the world’s highest win rate in both $5/$10 NL and $10/$20 NL two years running. Schmidt was a top-ranked golfer and broke two of Tiger Woods’ junior records. He was also the leading money winner on the Golden States Tour when, at age 23, he suffered a career-ending heart attack. His story has been featured in Sports Illustrated, Golf Magazine, ESPN, cnn.com, wallstreetjournal.com, forbes.com, and many others.

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Customer Reviews

Some chapters should really only be paragraphs.
Poker Phenom
He learned that your emotions help you identify your technical weaknesses so you can improve your game.
John B. Campise
If your serious about your game than this book is a must.
Jimmy Mac

Most Helpful Customer Reviews

8 of 9 people found the following review helpful By J.W. Haus on August 26, 2010
Format: Paperback
Like others have said, this isn't really a poker how-to book. And yet while others find it inspirational, I find it to be pretty tedious. It's not particularly well-written, not the least bit intellectually challengeing on any level, there's lots of fluff and filler, and entire chapters could probably be summed up in a sentence or two.
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7 of 8 people found the following review helpful By Steven on August 19, 2010
Format: Paperback Verified Purchase
I am an accomplished player of many years. I play most games and all enviroments. At this point, I am satisfied if I find that one paragraph that helps me plug a leak or expand my game even minimally. I felt this book did neither. Vague and general. I haven't anticipated the release of a poker book in a long time, the way I looked forward to this one. I am a fan of Dusty. The only reason not to feel ya got your money in with the worst of it with this book is the free month @ drag the bar.
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4 of 4 people found the following review helpful By John B. Campise on May 27, 2013
Format: Kindle Edition Verified Purchase
If you want to achieve excellence bad enough, you will do the work necessary to get there. This is the story of a 23 year old almost-pro golfer who had a freak heart attack, destroying his golfing career. His job with his father was so stressful that he needed to quit that too. He stumbled into the online poker world by happenstance, and out of desperation (he was broke) he began to play. If he could only break even long enough, he would win chip rewards each week, kinda like frequent flyer rewards, except for playing poker.

He tracked his statistics closely with Holdem Manager, read a few books in the beginning to learn strategy, and spent thousands of hours playing poker. He studied his mistakes each day by reviewing the Holdem Manager statistics, learned from them, and corrected the mistakes.

Once he was successful (earning tens of thousands of dollars per months) he hired a sports psychologist to help him with his emotional swings due to the normal down swings of "variance." He learned that your emotions help you identify your technical weaknesses so you can improve your game.

The way to make money playing poker is to win slightly more than you lose. This is achieved by folding 70% of the time, usually only playing great hands, by knowing the odds of your hand being beat, and so forth. The other factor is to try to mainly play against "fish," players who aren't as skilled at the game as you. You can predict better than 51% of the time if your opponent has a better hand than you by the betting actions he takes. Your job is to either have a better hand, or be a better bluffer than him. This is accomplished through experience and through knowing the odds of poker player behavior.
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3 of 3 people found the following review helpful By Edward Y. Rhee on September 9, 2013
Format: Paperback
Lot of people are giving bad reviews that this book isn't helpful towards playing poker. This book is NOT about poker strategies. It is about how to manage your money, treating poker like a business, as the book says. It teaches you bankroll management, tilt handling, investing into poker utilities such as holdem manager, pokertracker 3, that'll help you profit over the long run, how to throw your ego away and always study and learn to improve your game at all times, how to extend your winning sessions while cutting your losing sessions short, not expending your short-term winnings on your wants or moving up the stake, etc.

Lot of great poker players go broke because they have very poor bankroll management, very poor tilt control, very poor money management, etc. This book tends to fix that. It's a book to fix your metagame mostly. If you're looking for strategies or improving your poker game, then look elsewhere. This book is about long-term profiting method by viewing poker in business perspective.
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5 of 7 people found the following review helpful By D. lewis on June 28, 2010
Format: Paperback Verified Purchase
1. this is not a poker how to book, don't buy it for that.

2. It is how to run a business, in this case and poker business and for that it is EXCELENT ! I could not put it down.

3. The chapter from the author's wife was excellent as well to share with your special someone.

4. There are even a few very unique tips, on very exacting plays.

5. It left me wanting to ask Dusty to write another book soon.

Well done Mr. Schmidt, worth every penney.

E-student
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By John Johnston on March 16, 2014
Format: Paperback Verified Purchase
This is a useful for book for any who wants to keep track of their play. For those who play alot of poker or play professionally it is extremely useful.
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By Heinlein fan on November 14, 2013
Format: Kindle Edition Verified Purchase
Treat Your Poker Like a Business is written by one of the top money winners ever in On Line Poker. He covers many important topic other books miss such as life style, balancing your life and commitment to the game. His strategy tips make up a small part of the book, but are all gems.
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9 of 14 people found the following review helpful By Poker Phenom on March 17, 2011
Format: Paperback
Do not buy this book! This book is just common fluff penned (poorly I may ad) with a poker slant. Some chapters should really only be paragraphs. Not sure why someone thinks this book is worth the enourmous price, I would feel it a bad purchase for .99 cents at the used book store.
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