Poker Mathematics

Poker theorems; David Sklansky, Baluga Whale, Andy Morton, Zeebo and Clarkmeister

Sunday, May 22nd, 2011 | Poker Articles, Poker Mathematics, Poker Strategy | 3 Comments

The following massive piece of work on poker theorems was submitted by Conrad. Poker theorems are pieces of fundamental poker strategy and advice, usually expressed in poker literature and forums. An ‘objective’ poker strategy is hard come to come by – the generation of hyper aggressive internet hotshots have caused us to revamp our ideas as to what constitutes an ‘optimum’ strategy. Internet star Dusty ‘Leatherass’ Schmidt, who posted the world’s highest win rate for $5/$10 NL in Read more [...]

Calculating poker odds – Don’t misuse the rule of 2 and 4

Friday, June 4th, 2010 | Poker Articles, Poker Mathematics | 1 Comment

Submitted by Cory, this article belongs to the Poker Mathematics series. One of the first things we learn about the mathematics involved in poker is figuring out our chances of winning by using the rule of four and two.  For those of you who may not be sure exactly how that works, if you have an open ended straight draw for example, you count your outs, the unseen cards that make your straight, which is 8 and multiply your number of outs by 4 on the flop and 2 after the turn.  So on the flop Read more [...]

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The poker mathematics

Wednesday, April 28th, 2010 | Poker Articles, Poker Mathematics | No Comments

Submitted by Steve, this article belongs to the Poker Mathematics series. In this article, Steve gives a general introduction to the poker mathematics. Poker is a game of fine psychology-based decision, betting and bluffing. There's no math involved in it whatsoever, is it? Wrong! While in high-level poker the above named elements do indeed substitute the poker mathematical aspect to a certain degree, every poker player knows that there is quite of bit of math involved in the game indeed. Read more [...]

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EV in poker

Thursday, March 18th, 2010 | Poker Articles, Poker Mathematics | 2 Comments

This article belongs to the Poker Mathematics series. Before going into depths with the concept of EV in poker, some math is needed. In mathematics, the EV or expected value of a variable is defined as the probability weighted sum of the possible values for the variable in question. This may sound complicated, but it really isn't that bad. Let's look at the simple example of rolling a dice. In this case the possible values and probabilities are as follows: 1 will come up in 1 out of 6 Read more [...]

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AA, where are you?

Monday, April 27th, 2009 | Poker Articles, Poker Mathematics | 1 Comment

Submitted by Mctap, this article belongs to the Poker Mathematics series. This blog consists of 3 separate posts on my site that I have consolidated into 1 longer, more detailed post here. About a month and a half ago I decided to check out my Poker Tracker stats for Poker Stars and noticed something interesting. At that point in time I had only played about 656 tournament hands and still hadn't seen AA. No big deal as I was still up a few bucks since I started. I just found it interesting Read more [...]

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Online poker tournament statistics : probability of winning a poker tournament

Tuesday, April 7th, 2009 | Poker Articles, Poker Mathematics, Poker Tournament | 12 Comments

This article is a part of the Poker Mathematics series. Recently I have wondered if it is possible to calculate the probability of winning a poker tournament based on which strategy you use and how your all in moves are distributed. In this article I will share with you my findings. Hope you have the patience to read it all the way through:-). The table below (the culmination of way too many hours of research) is a teaser of what is ahead if you continue reading. Duration [hours] Reference Read more [...]

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Calculating Bankroll Requirements

Wednesday, April 1st, 2009 | Poker Articles, Poker Bankroll Management, Poker Mathematics, Poker Tools | 2 Comments

Submitted by Scott McIntosh, this article belongs to the Poker Bankroll Management series In gambling games such as poker, blackjack or video poker where the player is trying to make money not only is it important to be playing with a positive expectation but also much care must be taken not to lose all of one's money. As the saying goes - "It takes money to make money". This requires winning players to maintain a certain amount of money in reserve to handle losing streaks and is commonly known Read more [...]

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Online poker tournament statistics: cummulative blinds

Sunday, March 8th, 2009 | Poker Articles, Poker Mathematics, Poker Tools | 4 Comments

This article is a part of the Poker Mathematics series. Recently I have wondered if it is possible to calculate the probability of winning a poker tournament based on which strategy you use and how your all in moves are distributed. During the process of collecting data to solve this problem I have run into some interesting observations which I would like to share with you. Check out the previous post in this series: Online poker tournament statistics: player exit percentage Having discovered Read more [...]

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Online poker tournament statistics: player exit percentage

Sunday, March 1st, 2009 | Poker Articles, Poker Mathematics, Poker Tools | 7 Comments

This article is a part of the Poker Mathematics series. Recently I have wondered if it is possible to calculate the probability of winning a poker tournament based on which strategy you use and how your all in moves are distributed. During the process of collecting data to solve this problem I have run into some interesting observations which I would like to share with you (warning: math content ahead). First a little teaser....my findings indicate that it is possible to make good mathematical Read more [...]

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Implied odds; all you need to know

Thursday, December 25th, 2008 | Poker Articles, Poker Mathematics | 2 Comments

This article is a part of the Poker Mathematics series. Implied odds is a more advanced poker concept than pot odds, poker probabilities and EV. You should therefore familiarize yourself with these basic concepts first. Implied pot odds take into account future bets made to the pot and are therefore not as straightforward to calculate as regular pot odds. Implied pot odds are most relevant when you are on a draw and stand to gain additional bets if you make the draw but on the other hand Read more [...]

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