Mathematical Concepts for No-Limit Holdem (1) - EV & Ranges
by hasenbraten
| 1 2 |
Introduction
In this article- Why mathematics is important in poker
- What "equity" means
- How to calculate your expected value
You will frequently see the statement "That's +EV" in videos, the hand evaluation forums, and even articles. This will be explained in more detail later on, but for now it is clear that it means that the decision might be the right one i.e. it will create profit.
So far so good. A problem arises, however, when players have differing opinions. What if player A says "It's +EV" but player B says "No way, it's -EV or +-0 EV at best"? How do we proceed?
In many situations, there is no mathematical concept to clear things up. It is often possible though, to come to a clear conclusion or at least have the basis for an informed discussion. Those cases in particular will be the focus of Mathematical Concepts of No Limit Hold'em.
| 1 2 |