Quote Originally Posted by LeFou
If you imagine EV to be +.01 *per *dollar and call off $5,000 based on that, you'd better be Very Sure it's not -.01
Why do you have to be so sure its not -.01?

Thats basically a coinflip. You expect to lose $0.01 per hand. Thats not exactly huge if you are playing for $5,000.

I dont understand what you mean by "you'd better be Very Sure it's not -.01"

EV means EXPECTED value. If you expect to gain value from a certain call then EV is positive. The whole point about poker is you never know what hands the opponent holds. You have to guess at ranges and then you use those ranges to make decisions.

Explain why it makes sense to fold for 100BBs when you believe you have a 0.0000000000001% edge (with no rake) in a game that you are bankrolled enough to rebuy for the full 100BBs if you lose.

@Galapogos

Wait for the better spot with a guy like this and be gauranteed to stack him. - No you arent. He might leave before that or get stacked by someone else. Equally you might stack him now and he might rebuy allowing you to stack him later. Now if you feel its likely that villain will leave after doubling up then it becomes incorrect to take small edges if you believe he will offer you larger ones later. We arent actually considering that at the moment though since people seem to be arguing a more general case.

Who is to say this guy won't hit and run? - Whos to say he will? Whos to say you dont lose the chance to stack him twice. You cant make decisions based on this if you have no idea either way. If you feel its likely he'll hit and run then you are probably correct to pass. If you feel he is likely to rebuy if he loses, or stay when he wins then how are you ever correct to fold?

Who's to say someone won't stack him if he beats you and take your money from him? - ????? Whos to say you wont stack him and take money from some of the people sucked out on before. I really dont see how this point is relevant at all. That same thing can happen when you have a HUGE edge.


You all seem to be making assumptions that he will "hit and run" or something. Obviously if you think he will then you have to consider that. I dont think you can just assume its going to be the case though, not least because the vast majority of people hang around after doubling up.