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Old 06-04-2007, 08:43 PM
stinkypete stinkypete is offline
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Join Date: Jul 2004
Location: lost my luckbox
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Default Re: reducing variance: the sklansky bux swap

[ QUOTE ]

Turn ($2400) is the money card, the 4[img]/images/graemlins/club.gif[/img] earning you a ton of Sklansky bux. If someone was doing a variance swap it would benefit him to check-shove or bet-call the turn even if he thinks that the villain will call with all Ax. This is because your calculator would only kick into place
in all in pots.

If someone was not doing a variance swap it would make sense to check call the turn (especially against a loose-passive player who might check behind with AJs here when he would be willing to get it all in if you bet out) and get the money in if he hits the river.

In the above example, doing a variance swap would make it so that -EV plays (or plays that are less +EV) are encouraged
if they allow the hero to get his money in and take advantage of the Sklansky bux equalizer.

[/ QUOTE ]

it does not magically turn -EV plays into +EV plays. try to come up with an example, using numbers.

what it allows you to do is to play the hand to maximize EV, without worrying about variance.

if you deliberately reduce your EV, you're only costing yourself EV, not the people you're hedging with. your EV doesn't affect them. only your variance does.
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