Posted on Sun, 15 Feb, 2009 by themessthatensues
What i’ve been thinking about poker recently is how to get paid with my gutshots (GS) and 2-3 outers. In other words, long shots. Betting in other gambling circles has taught me that if a long shot is going to be a good bet, it will have to pay very good odds; Way over what is [...]
Filed under: Expected Value, Gambling, Poker | Tagged: Equity, ev, Expected Value, Explicit odds, Gambling, Gutshot, Implied Odds, Long Shots, Marginal Situations, Poker, Sport, Strengths, Weaknesses, Win Rate | 1 Comment »
Posted on Wed, 9 Apr, 2008 by themessthatensues
My poker game has been taking a battering in the last week. I started along the same lines as the last two months, doing particularly well. And then about 5-7 days ago, I seriously hit a brick wall, climbed under it and jumped off the cliff it was protecting me from, falling onto some sharp [...]
Filed under: Epiphanies, Expected Value, Gambling, Integrity, Life, Philosophy, Poker, Self-Awareness, Variance | Leave a Comment »
Posted on Wed, 19 Mar, 2008 by themessthatensues
It’s probably so obvious but i’m going to say it anyway. I run my own database on value finding in Horse racing. Up until now I was focusing on how profitable each section of the data analysis was. DOH! That is the wrong thing to do, and it’s taken me a shocking 3 months to [...]
Filed under: Data management, Epiphanies, Excel, Expected Value, Gambling, Horse Racing | Leave a Comment »