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Validity of \"Break Even\" Theory
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.
-Gambler101 |
#2
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Re: Validity of \"Break Even\" Theory
A link would be nice....
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#3
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Re: Validity of \"Break Even\" Theory
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#4
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Re: Validity of \"Break Even\" Theory
LMFAO That made me laugh!
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#5
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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 . |
#6
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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 |
#7
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Re: Validity of \"Break Even\" Theory
You are misquoting him. He was mainly talking about taking implied odds also into the equation.
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#8
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Re: Validity of \"Break Even\" Theory
Phil's invented a way to turn odds notation into fractions! He's a friggin' genius!
That's all his article is. It should be titled "Pot odds for people who can't turn 4:1 into a percent in their heads." But that's kinda long, even for ESPN.com. |
#9
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Re: Validity of \"Break Even\" Theory
I have to admit, I liked this part of the article:
[ QUOTE ] Beginner The pot has $20 in it and Phil Hellmuth goes all-in for $30. 1. What are your pot odds? 2. What is your break-even percentage? Bonus: How many expletives will Philly utter if you suck out and bust him? [/ QUOTE ] |
#10
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Re: Validity of \"Break Even\" Theory
I really hope all my future opponents fully believe that pot odds are a useless concept [img]/images/graemlins/smile.gif[/img]
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