2
Jun
2009
Long Run Mind Set: A Must In Poker
Success in poker is sustained if you know how to distinguished a good from a bad decisions. If you are good in making better decisions then you will conquer your opponents, if not you will lose a lot of chips and of course money.
Decisions in poker has a long term expected value or what they called EV. A decision has an expected value of winning or losing in the average of playing poker. An example would be playing in a limit Hold’ Em poker with $10/$20 limit. When you bet your nuts on the river you’ll expect to have a positive expected value +EV of $20 each time you made that move. Nevertheless, Folding your Big Blind will make you a negative EV (-EV) of $10 and you will lose $10 every time you make that decision.