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I am missing 20 Cents



Posted Wed May 23, 2007 8:12 am GMT by Eusebio
"you cant see the forrest, because of all the trees"

Thats what we say in german, if somebody is to stupid to see whats in front of his eyes and I think i am just seeing trees here...

Had a "Poker-Luck vs Skill"-discussion and i was asked whats skill if somebody hits his one outer on the river when all the money is in the pot... so I just calculated the EV

A One-Outer is equivalent of about 2% chance, and i took a NL10 game

so:
(0.02x-10)+(0.98x10)=
=-0.20+9.80= $9.60

I was wondering now where the 20 Cent have gone, shouldnt I be winning 98% of the time and winning 9.80 ???

I guess its just a stupid "thinking in the wrong direction"-thing, but can anybody help me out here


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Posted Wed May 23, 2007 10:07 am GMT by MrDarling
Your profit is $9.60.
The total pot is $20 each time 98% X $20 = $19.60



Posted Wed May 23, 2007 10:21 am GMT by Eusebio
now its all clear...

thanks!






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