Re: Bryce is \"In the Well\"
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whenever i watch stox videos (which are great btw) i hear you guys talking about "having to work out the math of it" and what not, and i was just wondering what that means. like when you talk about doing stuff on excel, what exactly are you doing?
also whenever you guys say "it's close, but i think i'm going to fold" what is close? how do you figure out the right thing?
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The excel stuff is usually just having formulas written into excel so that you don't have to spend all that much time computing them yourself. When solving a hand mathematically you can always figure out what actions have what rate of return based on what you assume people will do, and can therefor find the best line (though in some situations like big multiway pots this can sometimes be a pretty big task).
A close decision is one where the expectation between two different decisions isn't drastically different.
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