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WATCH: Poker meets trading
“The mindset of a poker player is exactly the same as that of a trader,” ATFX Vice President of Strategic Partnerships and Affiliation Line Peteri said while speaking with Game Lounge Media at ICE Barcelona.
Similarities between trading and poker
She stated that there are similar mechanics across the worlds of poker and trading, as she commented that she has many friends in both, and noted that the behaviour patterns are “exactly the same”. She remarked that a lot of poker players should learn to diversity, “maybe improve their bankroll management, and start investing in trading as well, or at least become more aware of how to diversify and secure themselves”.
Peteri spoke of how she has 17 years of experience in gambling, and commented that she sees what she is doing now as “building bridges between the industries,” as she said that “we are all trying to target the same markets, with a lot of very interesting and relevant crossovers”.
The marketing leader said that she considers herself a successful poker player due to her prowess in bankroll management, describing herself as someone who is very organised and financially disciplined.
A major aspect which makes live poker enjoyable is that there is an important social element to it, Peteri explained, as she remarked that “poker involves grinding but also social interaction”. She added that companies such as EvenBet are interesting because they combine money poker and learning-focused poker, which she said she respects, although she has no affiliation.
Peteri stated that she loves poker and had taught her children how to play years ago, adding that she believes that her social and negotiation skills were developed at the tables.
“Interestingly, trading is actually easier than poker, but people think it’s very difficult. That’s one reason they don’t do it and don’t reach out to someone like us, which is a shame… We accept any clients, and there is no minimum. We aim to give the same service to anyone,” Peteri told Game Lounge Media.
She said that one reason that she started trading was because of her children, as she wanted to secure their future and generate passive income. “But don’t be fooled,” she commented, “it’s not a get-rich scheme.”
Peteri emphasised that education and being knowledgeable about what one is doing when trading is important. “For instance, when people buy crypto, do they know which blockchain they’re baking? Do they know the purpose of the blockchain, or do they just buy because someone told them to? The same applies to trading.”
She spoke of factors such as understanding how commodities change, how certain politicians can affect stocks, and how one can interpret market signals. “Most people already follow this news. It’s more about translating it and understanding how to utilise it.”
She said that ATFX has launched a series of educational content depending on one’s experience level and comfort, and added that there are also webinars targeted at experienced traders, as well as a new series aimed at beginners. “The series will cover three levels: never traded before, some experience but want to understand more, and tools to use,” Peteri said, detailing the new series “What is trading?”.
Regulation and retention
“I believe in legislation and compliance, though it can create challenges… Regulation works, but cross-border enforcement is difficult. I think regulators should make licenses more accessible to start-ups while enforcing compliance, which would encourage participation in the regulated market,” the marketing leader stated.
Peteri referred to a recent panel she participated in, where she discussed why many operators fail. “Smaller operators often run on a one-year runway, saving on data tools they actually need from the start. Without proper tools, projecting budgets or costs becomes impossible. Many start-ups neglect this, focusing only on FTDs, but acquisition metrics alone aren’t enough, as retention, risk, and wasted spend must also be considered.”
She commented that affiliates are frustrated because operators do not focus on retention, “especially in emerging markets like Nigeria and South Africa”. She added that, with regard to Europe, “governments avoid open dialogue due to gambling stigma, which hinders player protection”.
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