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Old 09-11-2006, 04:16 PM
uDevil uDevil is offline
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Join Date: Jul 2003
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Default Re: To hedgers: Adding insult to injury

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I can tell you with 100% certainty that if somebody walked into my office right now and asked me if I would like to flip a coin and get paid $11 if I win while losing $10 if I lose, I would decline the offer. I would also not take this gamble for 1/10th the stakes.


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If you believe the situation, then that is either a mistake, or you are not an advantage gambler.

I see that most of your recent strategy posts are in the microlimits forum, so perhaps for you, risking $10 to win $11 still looks pretty risky....

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Odd that poker players have this view because the same idea was well received when you made this post:

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I tell my family that poker is like a game of chess for $1 followed by a coin-toss for $10. Whether I win or lose in a night is determined by the coin-toss, but at the end of the year, what matters most is how well I have been playing in the chess games.

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