Setting it all up...

eejit101 · #1 08-29-05, 10:13 PM

Is have stuck them in all day on those odds, you have to.
Quick question, what does +EV mean?

GeoffM · #2 08-30-05, 12:47 AM

Expected value.

Think pot odds. If you have 4:1 pot odds and a 3:1 chance at catching one of your outs, then in the long run you will come out on top.

lightfungus · #3 08-30-05, 12:48 AM

Jinx.

lightfungus · #4 08-30-05, 12:48 AM

To actually answer your question Windbreaker unlike everyone else saying "play to win," payout structure affects my play a bit. However, if you look at the odds here, say we are dealing with 5 instances of this same hand:
4 times you are going to win this hand and say 75% of the time after you win this pot you will get 1st instead of second. After all you have a massive chip lead... thats 3 times you are going to make $40 assuming you will make second otherwise.
+$120

1 time you will be knocked out
-$40

Total:+$80 in the long run

You did exactly what you should have done.