Quote:
Originally Posted by DonJuan
Do you ever bet on sports. If everywhere the odd is offering you +150 and I am offering you +1150. Would you take it?
There a lot of similarity with poker,sport betting,horse racing, stock market etc. Everyone always talk about Expect value but they can't put similar situation together to see if it makes sense.
You need to call 4 small bet into a 40ish pot and that around 8%. In your own word his range vs yours and you getting 37% equity to call +chop equity.
Go to
https://www.aceodds.com/bet-calculat...converter.html.
Now go to sport book and ask this questions to any sport bettor I got this
DET baseball game at +1150 on this game while it showing +150 everywhere should I make a bet?
Of course there still a third player to act and our equity will get less share of pot but you never going to constantly get this kind of situation with this kind of +ev unlike sport betting or stock market. Poker is still so easy compare to other gambling activity.