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Dec
18
revised Doubt in expected value calculation of Bill Chen book
added 234 characters in body
Dec
18
comment Doubt in expected value calculation of Bill Chen book
No that's not correct. The first term in your expression represents total income, but your second term represents profits. You can't mix and match like that.
Dec
18
answered Doubt in expected value calculation of Bill Chen book
Dec
18
comment Doubt in expected value calculation of Bill Chen book
Here is a possible explanation. Let's say three events can occur, with probabilities of 20%, 50% and 30%. The first event gives you $1, the second gives you $2 and the third gives you $0. Then the expectation value is simply = 0.2*1 + 0.5*2. The probabilities don't add to 1, because the third term (0.3*0) is 0, and thus omitted from the equation.
Dec
18
comment Doubt in expected value calculation of Bill Chen book
Can you please provide an example of one of the calculations in the book. I haven't read the book, but I have a mathematical background and may be able to provide some insight.
Dec
17
comment Are there well documented cases of winning tournament by someone who wasn't looking at his own cards?
The question says "someone who wasn't looking at HIS own cards", not "her" own cards.
Dec
13
awarded  Commentator
Dec
13
awarded  Critic
Dec
11
awarded  Scholar
Dec
11
accepted Are Poker Books Trust Worthy?
Dec
11
accepted How many chips do you have left?
Dec
11
comment Do you have favourite hole cards - and do these change over time
My favourite hole cards are AA and KK. I also like winning with 72 sometimes :p
Dec
11
comment Trying to express NL betting rules formally, did I miss anything?
Hi Max. I played a live tournament the other day when this exact thing happened. No one was certain so the official came to the table and explained. If the person going all-in doesn't have enough for a legitimate raise, then those who have already made an action (e.g. they called the blinds before the all-in) can only call the all-in. They cannot re-raise. However, If someone hasn't made an action yet (say person to the left of the all-in), it is then ok for them to raise, and others may then re-raise.
Dec
8
comment Online vs Live problem
Also remember that there are less hands per minute in live tables due to manually shuffling and dealing. Therefore you play less hands at each blind level.
Dec
7
asked Online Poker League
Dec
6
comment How many chips do you have left?
Thanks. In the tournament I played, it was free to enter, and there is no dealer. The players take turns in dealing the cards. Do you still think I don't have to tell?
Dec
6
asked How many chips do you have left?
Dec
4
comment Forums with lot of hand history analysis by other players
Nice question I was wondering about this just the other day.
Dec
4
comment What's a good strategy for playing overpairs post flop?
The odds of a certain player having AA is 0.45%. Against 10 players however, the odds of at least one person with AA is more than 4.4%. It doesn't matter if only 1 player calls, you still use this second percentage since no one will fold AA (see Monty hall problem)
Nov
28
comment Are Poker Books Trust Worthy?
Thanks for your answer. This is my first poker book too. You've given me lots to think about when reading this and other poker books.