Well written posts mars but this is what makes this completely pointless in my book:
Quote:
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Originally Posted by Mars Let's take our above scenario - 1000 in the pot, you bet 800 with middle pair. 65% of the time villain will fold, the other 35% of the time he will call you down. Let's also say you think there's a 40% chance that you actually have the best hand. |
It's mathmatics based on guesswork... each number in the formula is a guess.
You are guessing the strength of your opponents hand compared to your own hand.
You are guessing what percentage of the time your opponent will fold.
Since you are basing the amount of your bet on your guess of how often your opponent will fold to different amounts then that even makes this number a guess.
Thats an awful lot of rigamorole to go through to come up with a number that will be completely inaccurate the majority of the time. Besides, even if you hit your numbers right on the money each time, we are talking about tournament play. It isn't a cash game where "coming out ahead in the long run" is what matters.