EV (Expected Value) Cashout is a feature that gives players under certain conditions who are all-in the option to collect the expected value of their hand without having to play the hand to the showdown.
Is this a good way to fight variance?
But it also cost 1% if I've understood it correctly, so what do you think?
It's good way to reduce variance, and it costs. You have to decide if the effect is worth the cost or not.
Some think that you should never use it as it's -EV. Some think that the cost is worth the piece of mind.
I would say that the more you have mental game flaws (meaning you get upset if bad beats happen), the more it might be worth the cost. Also I would think it might be wort when you are taking shots to higher stakes, to ease the variance in the beginning.
I have used it cos I have mental game flaw. If I run bad for longer period of time, it might trigger my game level to drop. I have had sitiuations where I overplay hands and +EV game turns to -EV. And it only has happened when I run bad for longer period of time. I have made the calculations, and decided that paying 1bb/100 from my winrate to remove the only thing that can make me play -EV poker was worth it. If you don't have mental game issues, have healthy bankroll and you play a lot, then it probably isn't worth the cost.
Same as above, I use it a lot for the 2 above mentioned reasons: tilt-control and taking shots at higher limits. Whenever I feel that losing a significant pot will frustrate me more than normal: I choose to cash-out. At those momenets it is really worth the costs, unfortunately I know from experience;-)
Ok, thanks Kyyberi and DeKals.
I don't make extreme volume, so variance is a big factor and for that reason I am going to start using this button.
Don't do it every time, it will eat bbs from your few bb/100 winrate 
1% of $4 pot @ $2nl = 2 bbs!
But these people got me thinking ... I was against using it for above reason, but I might starting using it every now and then too ... after losing a couple of buyins maybe it's a good choice sometimes.
Originally posted by Stackoffski
Don't do it every time, it will eat bbs from your few bb/100 winrateBut these people got me thinking ... I was against using it for above reason, but I might starting using it every now and then too ... after losing a couple of buyins maybe it's a good choice sometimes.
Then Kyyberi is a good coach, a good coach makes you think:gl:
I think GG has run it twice as well? Always agreeing on that will lower variance as well. Though there are some situations you might not want to go for it from strategical view.
Originally posted by ghaleon
I think GG has run it twice as well? Always agreeing on that will lower variance as well. Though there are some situations you might not want to go for it from strategical view.
Yes, run it twice and run it three times.
When I'm behind I always propose it, but when I'm ahead, I usually decline.
Doesn't really matter whatever you are ahead or behind. Whatever to use it I would focus more on different scenarios that all-in creates. E.g. if you have very short stack on table maybe you want to run once to either get him out or maybe rebuy deeper. Though GG had some absurdly low min buy-in if I remember right.
Other side of coin could be having solid player in position. Might be better to avoid him getting deep stacked and run more than once.
