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Old 10-11-2004, 07:05 AM
David Sklansky David Sklansky is offline
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Join Date: Aug 2002
Posts: 241
Default Genera Concept Behind My \"What\'s Wrong....\" Question.

Is that you must never make a play merely because it has a positive EV. You must always compare it with its alternatives. In the example given, we must stray from the usually right idea that if a pure bluff with no outs shows a profit, than if you add in outs a bet is the best play since it will show an even greater profit. In spite of the truth of that, it is important to realize that a non bet may still be the best play of all.
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