Thread: One Big Session
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Old 09-11-2006, 08:19 AM
TomTom TomTom is offline
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Join Date: Dec 2005
Posts: 547
Default Re: One Big Session

Playing for the long term is the only way to look at the game. How any one hand plays is irrelevant. Sucks outs happen, but that’s how we make our money, by getting people to chase hands they don’t have the odds to make. Even long shots make us money, when we’ve got a 1 in 10 chance to win a pot, but it will pay us 11:1 we make that bet every time because long term it pays us off. It may take months to get that payback, but it has to get back to us.

One way I think about it is to ask myself the question: Do casinos gambol? If I set up a slot machine and let people play it, am I gamboling? Slots are always –EV (for the player that is), everyone knows that. So by being the house you’re always making the +EV play, even when you pay off a spin, even if the first spin hits the super jackpot.

When I started playing for the long term, not concerned with the immediate outcome of any one hand change how I play (excepting the reads I get, of course) my win rate actually became a WIN rate (and not a break-even rate).

Just keep making the +EV plays and the rest must follow.
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