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Old 10-19-2006, 12:47 PM
MortenTA MortenTA is offline
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Join Date: Jan 2005
Location: making $ not warcraft
Posts: 1,077
Default Re: Hand vs a complete maniac

I could be wrong here ( im trying to learn ) but I dont think we have to be ahead 32% of the time for this call to be +EV.

We can win $76.2 and loose $26

Breakeven for this EV caculation is :

(76.2* 0.26 ) - ( 26*0.74) = $0.57

If we win 26% of the times we will show a small profit by calling.
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