The game of poker has become a spectator sport, with broadcasts of major tournaments attracting large audiences. It’s no surprise why; the game’s combination of drama, excitement and strategy make for a compelling spectacle. But the game also teaches many important life lessons that are applicable to everyday situations.

1. Teaches discipline

Poker requires a great deal of self-control. The game forces you to think long-term and make decisions based on logic rather than emotion, which can be helpful in all walks of life. It also teaches you to be patient and take your time before acting. This can be a difficult skill to master, but it’s necessary for success in poker, and carries over into other areas of life as well.

2. Teaches the importance of reading your opponents

Poker is a game of observation, both of the cards and the players. It teaches you to read your opponents’ body language, including tells that indicate when they’re stressed, bluffing or happy with their hand. It’s a skill that can help you in all sorts of situations, from business negotiations to giving presentations.

3. Teaches the importance of knowing when to fold

Knowing when to fold is a crucial aspect of playing poker, as it can minimize losses and improve your overall profitability. It’s important to be able to distinguish between the emotional factors involved in a hand, such as fear of missing out or wanting to prove the strength of your hand, and the more strategic benefits of folding.