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-   -   Validity of "Break Even" Theory (http://archives2.twoplustwo.com/showthread.php?t=372622)

11-06-2005 03:20 PM

Re: Validity of \"Break Even\" Theory
 
I think the math for that advanced problem was a bit fuzzy.
They said the minimum bet to push him off the pot was 281.25. I found it to be 243.25 .

Nomad84 11-07-2005 03:02 AM

Re: Validity of \"Break Even\" Theory
 
That's because he approximated 9 outs as 18% likely to hit. It should be 9/44=20.45%

BTW, I get $346
This gives him 1346:346 pot odds, or 35:9

wonkadaddy 11-07-2005 02:28 PM

Re: Validity of \"Break Even\" Theory
 
gordon's just saying that pot odds need to be combined w/your estimate of winning to make a deciison.
nothing too insightful, but consider the person that calls drawing dead because of the "great pot odds" and you understand the need to hihglight the distinction.

Nietzsche 11-07-2005 03:53 PM

Re: Validity of \"Break Even\" Theory
 
[ QUOTE ]
On ESPN.com's Poker Club, I read an article by Mr. Phil Gordon. I was outraged and perplexed at his statement, "The concept of pot odds is useless" ("Forget..."). I would like to know if his article that outlines his Break Even Percentage Theory holds any truth. As a reader of Mr. David Sklansky's "The Theory of Poker," I am not ready to dismiss the concept of pot odds.


[/ QUOTE ]
Outraged? I would be thrilled.

Allinlife 11-08-2005 01:54 AM

Re: Validity of \"Break Even\" Theory
 
he's just making it easier for people with difficulty understanding the whole odd thing by introducing an alternative method to calculating pot odds using percentage.

you make it as if he proved the pot odd concept wrong.

it's not a theory because it's a fact btw.


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