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Badugi is actually one of the most popular games in high limit action. I want to hear more about it, since I play mid-high mixed games.
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Meh... most Badugi theory is either trivial (see: this month's half-article) or horrendously complex (if you try to reason about snowing frequencies, for example.)
Here is an old thread I dug up about drawing in Badugi (Padookie):
http://archiveserver.twoplustwo.com/...3920006/page/3