I included mathemtical arguments for the inclusion of the belief in luck whilst making poker decisions in this thread.

http://www.flopturnriver.com/phpBB2/...oker-51162.htm

I also tackle the issues of passing up +EV decisions, including when it is right, from a mathematical perspective.

For those who just want the conclusions instead of the reasoning to accompany them, then ill quickly add them here.

It may be mathematically optimal for you personally (and based wholly on your own beliefs about luck and attitude to money) to take -$EV decisions (such as the fold in this thread), but you will make less money than those that do make +$EV decisions and you will only receive meaningful advice on this forum regarding BR management as we can say nothing meaningful about the quality of your decisions. (even though they may be correct for you