Casino Talks

Posted by: Effexor at August 11, 2006, 5:13 pm
Topic: Is it correct to be ahead when you put all your money in the pot? Forum: Card Chat

Yes there is a lot of luck, specially in MTT's near the end when the blinds are high. It's not exactly a lottery though.

Lets say there's a lottery, where they only pick numbers from 1 to 10, and there's only you and one other person with a ticket. I'd be willing to bet that he DIDN'T have the winning ticket, even if I missed it as well.
Thats poker. Play the odds, keep in mind that the odds affect the other person as well and you can often use this to your advantage. Now in my imaginary example, sometimes he will have the winning ticket and you'll go broke. Learning to accept that is difficult. If you have a 90% chance of winning, my brain tells me that I should win %100 of the time with those odds. This is obviously a big contradiction. Now apply that to a situation where you are only a 55% favorite.

I think the difference between good and bad players is that bad players will get lucky and hit some low % outs and sometimes win, the good players usually have the odds in their favor but will sometimes lose. In the long term, which sounds better?

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