Concept of the Week #14: Playing Draws
Join Date: May 2011
Posts: 40
Great post,
sorry late to the party here. Trying to understand the maths from the OP. He says that Money made should be > than investment x 100/% we hit our hand. Is this correct? I don't see how this is correct. If I have a 50% chance of making my hand and its costs $10 to call, then using the above calculation I would need to be making 20 dollars to call. This obviously isn't the case. Am I missing something here?
