Re: An Interpretation Please...Old School vs New School Poker
When I hear these terms used, "new school" means math and game theory, conscious strategies practiced against computers and careful tracking statistical performance. "Old school" means psychology, table feel and a longer-term outlook.
A new school player says "my win rate is 2 BB/hour with a standard deviation of 30." The old school player says "I walked away with $2,500."
The new school player goes home and puts the stats in his computer to refine his strategy, maybe to cut down on the standard deviation. A few more wins and he can pay off his grad school loans. The old school player sticks the money in his boot and leaves by a side door because some guys with guns want to rob him at the front door and three ex-wives are waiting for him at the back.
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