Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > General Gambling > Probability
FAQ Community Calendar Today's Posts Search

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #3  
Old 10-08-2007, 02:47 PM
DevinLake DevinLake is offline
Senior Member
 
Join Date: Jul 2005
Location: Calgary, Alberta, Canada
Posts: 6,022
Default Re: Maximizing cEV in check behind vs betting scenario.

[ QUOTE ]
You should bet if 500y + 200x > 200 (x,y decimals)

Note that x being larger makes it better to bet. This may seem slightly weird but it comes from having a fixed y% of his whole range that is best & folds. That's what you're gaining irregardless of x & you're risking slightly less if x is larger.

[/ QUOTE ]

Yea, I realize all this. I was just trying to figure out a way to determine if their are distinct values for x and y that yield the larges gains in cEV by betting rather then checking behind.

But, I realize this is a linear function, and the maximum is only constrained by how we define x and y. Obviously, the best scenario is when x and y are a maximum. However, the only relationship we can really say about x and y is that x+y<=1.
Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 04:50 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.