Poker is a game of chance, but it’s also a game of calculated risk. The best players have a well-thought-out plan of attack, based on probability, psychology, and game theory. This strategy allows them to maximize their profits and beat the other players at the table.

The best way to develop a sound strategy is to learn from those who already know what they are doing. You can do this by reading blogs and books, as well as attending live events. In addition, you should always play within your financial and emotional limits. Never try to make up losses with foolish bets – this will only lead to bigger and more frequent losses. Instead, set a bankroll before each session and stick to it.

You should also work out the range of hands that your opponents could have in their pockets, and calculate the odds of having a hand that beats yours. This will help you determine whether it is worth calling a bet, and will allow you to assess the risk of raising the bet.

One of the most important aspects of poker is learning to stay calm when things aren’t going your way. This is a vital skill for any poker player, but it’s particularly valuable when playing against professional players. These pros often experience big swings in fortune, but they are able to maintain their composure and continue to play with confidence. This mental strength can be applied to other areas of life, such as job interviews and business negotiations.