Raise or Fold:  A Year of Risky Business

Writing and playing poker as if they were activities worth doing well.

Sunday, November 30, 2008

No Sure Thing

From Ed Miller:
After all, you’re not looking for a sure thing. It’s okay if you get caught sometimes. You just need an edge.

It is easy to forget this. We have bankrolls and multiple buy-ins for precisely this reason.

We don't have to win every hand. We just have to play every hand in a way that maximizes its expected value in the long run. That means we'll lose hands like that a certain amount of time. Our bluffs will get snapped off occasionally. The odds will break against us from time to time. THAT'S OKAY.

Lose the battle, win the war. We have more than one soldier, more than one bullet. We are legion, and we know where the edge is.

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Blogger Memphis MOJO said...

I was wondering if now and then you would be willing to include a hand you played. What the relevant stack sizes were, your and the villain's position, your cards, and what you were thinking.

As I know you know, there is no right or wrong way to play a given hand, but it's instructive to see how others play.

12/2/08 10:48 AM  

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