- Which hand would you rather have:
- an inside straight draw
- two overcards
I haven't updated in just over a week, so I thought I ought to check in via the blog to let everyone know what's going on.
While poker theory is a relatively new field, modern economic theory
has been around for decades. The question "How do I maximize my
long-term profits in risky ventures?" has been answered with finality. You can use this calculator to find out just how much you should buy in for in a heads-up game.
Why choose a Kelly strategy? For starters, it completely negates the
concept of risk-of-ruin. The Kelly involves fluidly moving up and down
between limits, as dictated by your bankroll. If you go on a tear, you
will move up in limits. If you run bad, you are able to drop down.
Ever wonder just how bad you're running? The Variance Calculator, in the Tools tab, will tell you how unlikely it is for you to run this bad.
The calculator assumes a few things. First, that you don't tilt. Second, that you don't move up and down in stakes.
Hope everyone enjoys the new layout. If you'd like to see anything changed, drop me a comment.
Our most popular article, the Better Than Nash Shoving Equilibriums, has gotten a bit of an update. Now there's a printable version. We regret that you still need a color printer, because it just won't work in black and white.
We'd like to expand our readership. We'd also like for you to get better at poker. So, here's our offer. If you have more than 100 Facebook friends, and you click "Like this." on Facebook, we'll give you a free hand history review (up to 30 hands). If you have more than 300 friends, and you "Like this" on Facebook, we'll give you a strategy video. If you have more than 600 friends, and you "Like this" on Facebook, we'll sweat you in a game and offer commentary.
This question is for open ended response: do you think the saying "you can shear a sheep many times but only skin him once" applies to online poker? In other words, should you ever let a fish go with some of his money left?