Quote:
Originally Posted by statictheory
Your argument doesnt match with what they are talking about in the book.
Sigh. I guess I’m going to have to resort to quoting directly from the book. In the second chapter, Duke and Vorhous write: “Against one opponent, your aces will win well over 80% of the time. For each opponent you add into the mix, your chances of winning with aces go down 10%. That means that against five opponents, you’re still a favorite against any one of them, but an underdog against all of them taken together. Why on earth would you want your aces to win less than 30% of the time against a full field, when they’ll win more than 80% of the time against one guy.”
This is EXACTLY the problem I’m trying to point out with their logic. They are obviously ignoring the concept of making decisions that maximize EV. Their advice would lead to more frequent wins, but LESS money earned. I can’t state this fact any simpler than this. EV is more important then win rate percentage. Do you disagree with this?
Quote:
Originally Posted by statictheory
I cant make it any simpler than that. i have no alliance with John vorhaus or Annie Duke, but you are twisting their argument to fit your idea about an all in situation with aces.
Sigh, again. I don't believe I'm twisting anything; I'm simply commenting on the words taken verbatim from their book that I think are incorrect. Do you really believe that the paragraph I quote above from Duke is good advice for a poker player? I hope not.
Look, I’m not saying this is a worthless book, but I am pointing out what I believe are some fundamentally incorrect advice that they’re advocating. If you think they're correct, then OK. you and I are obviously going to have to agree to disagree. You can believe that all-in with aces is better against one opponent. I’ll believe it’s better against multiple opponents, as evidenced by the charts above.
Peace.