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Old 10-04-2005, 02:37 PM
Buz Buz is offline
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Join Date: Dec 2004
Location: Ann Arbor, MI
Posts: 15
Default Re: I don\'t have an in-depth understanding of Odds

My father was an excellent card player. About 35 years ago his advice to me was "Win big, lose small."
It sounds really simple, but if you really think about it, he was saying, "Push small edges when you have the best of it. Make your opponents pay the maximum to chase you. Only bet a longshot if the payoff is there." Yes, he played by feel, but his "feel" was really his estimate of how much he thought he could extract if he made his hand (implied odds). I think that's more important than being able to crunch the numbers.
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