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Poker Education
Beyond G-Bucks (a healthy perspective on 'luck')
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Topic: Beyond G-Bucks (a healthy perspective on 'luck') (Read 156 times)
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Topic: Beyond G-Bucks (a healthy perspective on 'luck')(Read 156 times)
DforDissent
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Beyond G-Bucks (a healthy perspective on 'luck')
«
on:
December 22, 2011, 12:23:22 AM »
http://www.quantitativepoker.com/2011/03/levels-of-randomness-beyond-g-bucks.html
:headasplode:
-but in a good way.
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"Don't judge the world from its people. Don't judge my hands from my gloves" - @GarryShandling
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Topic: Beyond G-Bucks (a healthy perspective on 'luck')(Read 156 times)
twospd
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Shark
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Re: Beyond G-Bucks (a healthy perspective on 'luck')
«
Reply #1 on:
December 22, 2011, 07:57:15 AM »
^^^ Imo that is a very good article.
Can someone help me see what it means when it speaks of -$6.97 in the Level 1 section.
I have a general understanding of Sklansky bucks. Where or how are they getting the -6.97 though? The 11.27% equity I understand. That is how much equity J2 has vs QQ in an all in pre flop. But what is the -6.97 I'm sure it is something simple that just ain't clicking with me this morn.
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Topic: Beyond G-Bucks (a healthy perspective on 'luck')(Read 156 times)
DforDissent
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Re: Beyond G-Bucks (a healthy perspective on 'luck')
«
Reply #2 on:
December 22, 2011, 08:53:16 AM »
$18 pot total, but we invested $9 of it. So at most we can be -$9.00 Skalansky Bucks if we are 0:100 dog going in.
Since we are 11.27%, we earn profit of (0.1127 x $18) - our $9 we invested in our call (or shove). (2.0286)-9 = -6.9714
I've found an even easier "shortcut", if the call is big enough that the current pot size is insignificant (such as PFAI). Simply take the "win% - lose%" difference, that is essentially your "ROI". So in this case, 11.27% - 88.73% = -77.46% "roi" on our $9 invested = -6.97! It's like magic!
«
Last Edit: December 22, 2011, 08:55:04 AM by DforDissent
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"Don't judge the world from its people. Don't judge my hands from my gloves" - @GarryShandling
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Topic: Beyond G-Bucks (a healthy perspective on 'luck')(Read 156 times)
twospd
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Re: Beyond G-Bucks (a healthy perspective on 'luck')
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Reply #3 on:
December 22, 2011, 11:05:30 AM »
Hmm...Thank You
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