Poker Strategies
After receiving pocket cards, you are immediately faced with a choice: play your cards and either raise or call the blinds, or fold.
Practice Matters
A cycle is defined as a Win Streak followed by a Lose Streak or visa versa (a Lose
A cycle is defined as a Win Streak followed by a Lose Streak or visa versa (a Lose Streak followed by a Win Streak.) A session consists of one or more cycles.
Now applying $5 flat betting
Now applying $5 flat betting to the above Win/Lose Streaks one gets Table 3-3: Flat Win/Lose Betting Strategy (50/50 game). Some observations about Table 3-3: 1) The Average Amount Won/Lost during the Win Streaks of Table 3-3 is zero. 2) The Average Amount Won/Lost during the Lose Streaks of Table 3-3 is zero. 3) Consequently, the average total amounts won (or lost) for the 128 cycles of win/lose is also zero!