Reducing the Amount of Luck in Poker

[embermage1]

Maybe I'm wrong, but I'm pretty sure folding would become much more rare. Pot odds would change because now suddenly losing a hand means you only lose a certain percentage of the pot. This means that it becomes much easier to call and raise than to fold in many cases.

Also, doesn't a lot of the suspense which makes poker enjoyable come from seeing those turn and river cards turn over when you are all in?

[Dima2000123]

What about letting the players make a deal, if necessary? Since the best players often have EV to spare, but way too much variance than they care for in the tournaments, I'm sure a lot would go for 75-25 chop when they went all-in pre-flop with overpair.

[steamboatin]

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What about letting the players make a deal, if necessary? Since the best players often have EV to spare, but way too much variance than they care for in the tournaments, I'm sure a lot would go for 75-25 chop when they went all-in pre-flop with overpair

[/ QUOTE ]

Something similar already exists in higher stakes live cash games. It is called "Running it Twice" or sometimes referred to as "Doing Business". I don't know the exact procedure, because I never play high enough and it varies from cardroom to cardroom, but when two players are all in, usually on the flop, they actually deal two sets of turn and river cards and the pot is split and and half is paid to the winner of each hand.

If I understand it correctly is doesn't change your EV on the hand but reduces your variance.

This would not and should not be allowed in a tournament.

[Osprey]

Isn't there also insurance? I think Hellmuth bought it from Greenstein in one of the HSP episodes- you get a certain % below you EV as a sure thing, and the hand is essentially over.