(there is NO spoon)
10/30/06 05:39 PM
Re: Basic Theory: -Expected Value-



I hope this makes things a little clearer now.

My concern still exists: if you're talking about the EV of calling his all-in, even if you specifically know his hand, you don't include the money you're putting into the pot in your calculations. If you're talking about the equity race AFTER you've made the call, you include the full pot.

To put it another way (and this is why I included a hint in my first reply) neither your net win nor your EV for a given hand can be bigger than the amount of money put into the pot by players other than yourself.

So to be perfectly correct our EV for calling in the AA hand example is 68BB not 168BB - but otherwise OK?

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