Re: WSOP Hachem JJ Hand
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I may not have the bext understanding of -EV and +EV, but I did read a post yesterday that summed up what I was trying to say. It essentially said --
If we bet on a coin toss, and you agreed to pay me $100,000 for each time it came up heads and I paid you $102,000 for each time it came up tails that would be slighting +EV for you. You would happily take the wager as it is +EV for you.
Now, what if I told you we would only flip the coin ONCE? Would you still take the bet?
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The answer has to do with the size of my bankroll, and the risks I'm willing to take as a gambler, when facing a clear +EV decision.
The answer has absolutely nothing to do with the fact that there will only be "one coin flip" in this _particular_ game.
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