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8

When I tell my non-poker playing friends that I play poker they thing I'm gambling - until I give them the following explaination. Poker, played correctly, is not gambling in my opinion. And I think this is a good way to explain EV to non-poker players or new players. The idea in poker is to do two things - make correct decisions based on available ...


7

Probability: the chance of a particular outcome. More precisely, the probability of any given outcome is the ratio of all the favorable outcomes and every outcome that is possible. (so favorable / everything) The probability of throwing 6 with a dice is exactly 1/6 because all the sides are perfectly equal, there are 6 of them but only 1 is favorable in ...


7

Yes, you can and you should. The concept you're describing is called implied odds (the estimated profit you'll make if you make your hand). Notice is a much less concrete value as it is an estimation of whether your opponent will call when the draw comes and the amount he'll be willing to pay. There's also the concept of reverse implied odds which are the ...


5

You haven't provided enough information. This is entirely dependent on what the action was leading to the all-in, current stack sizes, and the frequency with which your opponent is taking said action. I can tell you, just from experience, that your opponent would either need to be very short stacked, ~13-15BB or less, or jamming all-in with a very wide ...


3

Say we have a $1 million raffle that has only two tickets: a winner and a loser. I give you a random ticket and tell you that you MUST sell it. How much money should you sell it for? (I.e. how much is it worth?) A. $1 million? No, because it could just as easily be worth $0. B. $0? No, because it could just as easily be worth $1 million. C. $0.5 million? ...


3

If you're doing this entirely by hand, tracking hand count and hands per hour is a bit overkill in my opinion (unless you're single tabling I suppose). If you figure that on average there are 85 hands an hour per table, you can use that time to instead watch the table. I would definitely factor in your mental state, I use 1-3, as well. This will help you ...


3

I think I would have shoved preflop. You only had 13bbs. So AKs shove in this position is good in my opinion. I dont think he would have been calling you once you shoved over the top either. So in my opinion yes you played it wrong.


3

What kind of plays could I make to convince my opponents that I have a polarised hand range? You don't make plays to convince your opponents that you have a polarized hand range, you just polarize your hand range. If they fail to pick up on that, you've profited greatly. There are generally three types of ranges: Polarized With a polarized range, your ...


2

The aim of poker is to have all the chips at the end of the tournament, so the more chips you have at any one time, the better. If you are one of the chip leaders then don't bother, you already have plenty of chips to boss people about with. If you are close to the chip lead and the add on is good value then I would probably take it. If you are low then ...


2

Say that we decide to bet on coin flips. In the first case, I will give you $1 every time that it is heads, and you will give me $1 every time that it is tails. Simple logic will tell you that since 1/2 of the time I owe you $1 (heads) and the other 1/2 of the time you owe me $1 (tails) that if we flip the coin enough times, it will even out. In this ...


2

If you have a simple 6 side dice you can arrange a simple demonstration. Tell your friends you'll give them 1$ in every throw if the result is 3-6, and they have to pay 1$ if it is 1-2. Tell them you're going to play 5 rounds and what they expect in terms of money won / lost. Then play the game and compare the results to their estimation. Intuitively they ...


2

First of all it's important to explain that EV is a concept rooted in the law of large numbers, and which poker players use to calculate risk and reward. I'll get back to this concept. When calculating EV a poker player takes a few things into consideration: 1) The size of the pot 2) The probability of winning that pot 2) The size of the bet they're faced ...


2

When you say cutoff 3bet 6k i guess you meant he bet 6k. At that point you have 13bb you could push which would increase your stack of about 23% if he folds. If his stack is between 26k-46k your fold equity is pretty high. Against an unknown player it seems to me the best play for you is to push and don't see a flop. Playing post flop would be hard for you ...


2

this page does a very good job of explaining variance and expected value http://www.thepokerbank.com/strategy/other/variance/


2

I have always followed the Sam Farha mantra: Against a good player I can outplay him, but against a poor player I need a hand. Good player recognize a situation in which they may not have the best likely hood of winning a hand. It could be argued it costs them pots, but on the long run it would be a profitable situation. Weaker players don't recognize ...


2

I decided to have a go at answering this myself. The situation is you against one other player who has a made hand, and you have N outs. Before the turn, the 1-step EV (ignoring any bets on the river) is EV1 = N/47 * X + (47-N)/47 * (-10) The two-step EV, taking river bets into account, is EV2 = N/47 * X + (47-N)/47 * [ N/46 * (X + 20) + (46-N)/46 ...


2

Many years ago I struggled to play at micro stakes level because the level of the players was so bad... Anyway, once you adapt to it, it's actually really really really easy to win at those micro stakes. If you want to play ABC poker, then go play on low stakes, just outside the micro stake region. Remember, at any level there will be fishes, and one does ...


2

First, be aware that the Chen formula can only be a very rough guideline as to whether to play your hand. It is not the be-all and end-all. Also note that Bill Chen himself said that the formula can only help inform you what hands to play. It can't tell you when you should check, call, raise etc. That said, hands that score well on the Chen formula are ...


2

You remind me of a session I had with a poker coach. He had an interesting take on this same scenario and that's to go all-in on the flop - the call would be a "mistake". Your analysis is right on the odds, and yes, you would be frozen-out on odds if the opponent bet's 1000 into you. The thinking was to avoid the exact scenario you're describing. The all-in ...


1

I only read a part of your question but you can indeed call when odds are not in favor. Implied pot odds is what it's called. Basically you calculate that what you payed too much, you will receive back at the next street(s). An example: Hero and Villain play a pot. On the turn you have a flush draw (giving you 9 outs). This is more or less 19% chance of ...


1

In lower stakes games I tend to not try the ticks to win the hand, i've found that if I just play my cards the weaker players will just knock each other out at which point I can usually win heads up (6-9 max SNG). Players at lower stakes tend to be quite predictable so if you're the aggressor driving the hand you've probably got the best hand, if they are ...


1

I definitely disagree that it is disadvantageous to play loose or "non standard" at the micro stakes. If you are an experienced midle/high stakes loose player you will have the skill to adjust your palystyle to the opponents. The problem is that if you dont know what you are doing you might often find yourself in bad situations and loose overall. On the ...


1

ABC poker at low stakes is the best way to play. I used to play 10-12 tables at a time on the $0.10/$0.25 tables. Really just folded until I got a strong hand (AA KK AK QQ JJ) and would raise pretty strong if in early positions or just go all in if there were limpers or raises. Maybe not so much with QQ and JJ. You can't focus on an individual table too ...


1

Definitely all in preflop, you had a very strong hand and a stack big enough to make him fold. I can see the villain calling there quite often (depending on stack and nature), but at least you get your chips in while you're ahead. Ask yourself, what happens if you completely miss the flop and he fires again? Do you fold with two more cards to come and ...


1

I think you should have re-raised pre flop. After the flop you had 2 to 1 pot odds and only 5 outs which is about 4 to 1 odds in the river. Not enough to call. Besides, with K, Q in the flop there is a good chance your opponent had a better hand (AJ, J10, KK, AA, KQ, QQ, K7, Q7, 77 -KK, Q7 or 77 are unlikely though-). Also, if you would have folded, your ...


1

As Radu says, 3rd in chips with 13BB is low, the simple rule is under 10 bbs you either push or fold. you don't want to give anyone the chance to see a flop for only 3 bbs with that hand. Anyway you lost with the better hand, what could you do besides calling, putting it away was not in option since you had only some chips left and you hit the top pair.


1

Firstly, the cutoff raised to 6K, not 3bet. With only 13bbs and a monster hand this is an easy 3bet shove preflop. The cutoff will call with plenty of worse hands and even if he holds you pick up a nice pot. This is a fist pump situation.


1

The maths is wrong... It should be 3 out of 1225 not 2 because 2d6d is possible as well as Ad2d and 6d7d. But anyway the answer would be wrong for a real game - the answer would assume that the opponent had random cards, which isn't true in reality. It would depend on how the hand played out as to how likely an opponent is to have those cards. For example ...


1

There are 50 × 49 ÷ 2 = 1,225 possible starting hands that can be dealt preflop to an opponent when you are heads up. (We divide by two previously because the order that the cards are dealt is irrelevant.) In the situation that you have described above, he can have two of those starting hands, so the odds of a randomly dealt hand being one of those two ...


1

How many ways can a 5-card draw-poker hand be dealt? In order to calculate the number of ways that a hand can be dealt, meaning that the order of the cards is significant, you need to multiply the possible number of cards at each step together. For a particular hand (meaning 5 specific cards), when the first card is dealt, you have 5 possible cards ...



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