PDA

View Full Version : ev, win rate and gambling


richestorags
10-14-2003, 06:25 AM
just some thoughts

if someone has a certain EV and/or hourly win rate for a certain game, wouldn't that playing game for a long time, as long as it didn't change, show a predetermined outcome, even if the outcome was unknown?

and although you are gambling by wagering money on the turn of a card and some outcome, in the end, the sole outcome as to how you do in the long run in that scenario is already determined by how you play that scenario, optimally or suboptimally.

so if someone has a negative hourly rate, or a positive one, or an hourly rate of zero, how can that person be gambling even if there are short fluctuations in that rate?


also, wouldn't a ring game be a different form of gambling that a tournament becuase in a ring game you are wagering money but in a tournament you do not. you simply pay an entry fee. isn't there a distinct difference in the set up of both types of poker?

CrackerZack
10-14-2003, 08:33 AM
Yes, outcome would be determined, but the game in constantly changing.

Tournaments are completely different from ring games.

Bozeman
10-14-2003, 02:41 PM
The outcome is not determined, merely the expecation, so everyone is still gambling,
Craig