Good to hear!

Apparently the event was way smaller than anticipated and i over-hyped it. He ended up 3rd for 31k :-\

$620 coming your way!

I'm FRIPping all my DGs

Started reading the mathematics of poker. dayum.

your point about wrapping above the board is obviously good but QQJT can wrap above the same boards as QJTT (?) the value in having a set of QQ over a set of TT is also very pretty huge.

I mean in practice, PLO games play exceptionally deep unless you are talking about 100 BB zoom games where you rathole after doubling up? And when you're deep, hot-cold equities aren't terribly important....nut-ability is obviously big but playability/floppability are also huge factors.

For instance, KK72ss is a favorite over a 20% range but in practice there are very few good flops. It's nice that it has good nut potential and when we hit the flop we hit it really hard but it's like saying 77 is an equity favorite over a tightish range in hold'em. KQs is technically a weaker hand but certainly plays better on more flops.

Obviously AAKKds is an amazing hand but when you don't flop a set, straight or NFD we're folding the best hand a lot or trying to play a really small pot when the board comes 2 medium cards. AAJTds is going to flop good equity a greater % of the time as well as hit boards with backdoors/top 2 pairs etc. often enough and compete on facecard boards enough that it's probably a better hand in practice when you start looking at 500 BB pots.

it's funny cuz Andrew Hanna recently tweeted about this, that he knows he looks like a tool vaping but it's a slightly healthier alternative, so ...

i'm not yet serious about smoking. i have so many life issues going on right now there's only so many i can deal with atm. hopefully looking at taking this seriously after summer.

I punted 1300 or so in omahaha set over set. That's why you don't play ah7h33

Straddle to ten guy makes it thirty four callers. Checks to the fish who bets 150 on 349 rainbow. Preflop raise checked flop. I made it 450 because fish only had like 600 total. Preflop raiser calls fish folds turn king. I don't feel great but shove my remaining 900 or whatever

ya, low pairs in hands are generally not so great for this exact reason

It's kinda like having A2o in NLHE in a raised pot. you'll win sometimes when you flop an ace and everyone c/f.

i'm still stunned at how often 44xx will be the best hand on QT4tt and lose anyway.

Yeah I kind of knew and know it's bad. But I had a but flush draw too! Not on this flop.

Fold pre!

A lot of my live mistakes come from hands I shouldn't be playing

Which seems to be a bit common in this thread

But it's hard to just sit there all day folding constantly

Also I think I just generally play way worse live

5 10/10 games running and i didn't play cause I was too lazy to go home and get my roll. FML FML FML FML FML

Iirc, volatility being bad is a corollary of the law of diminishing marginal utility, Aaron Brown wrote something about situations where it isn't necessarily true, I think in The Poker Face Of Wall Street.

Capm is definitely wrong. Thinking it might not be wrong is a "map is not the territory" style error. The data I have suggests that buying yield doesn't beat the market by much, whereas low price to book, and weirdly low price to sales stocks crushed it over the long term post 1945 20th century. The basic rules are you can't pick the future but you can pick the present, so buy unpopular stocks, spread your purchasing over time (so you don't accidentally buy at a peak) and buy and hold as far as possible.

That's slight of hand aka bad maths

that takes me back...

that book will do less for you playing 1/2 live than reading Anna Karinna

This is the most challenging thing for me.

I don't think it is.

If you have two investments that have a projected return of 10% and one has a higher variance, it is worth less than the one with lower variance for a few reasons, but one is compounding. This is due to the nature of math. If you have two numbers A and B that sum to X, and multiply those numbers together, the product will be higher the closer A and B are, and is highest if A = B = X/2.

I guess if you are saying that the securities have an APR, the variance is already figured in and that APR is a geometric mean, you can argue that. I am talking about a situation where you have say
Investment A will give you an expected return of 10% with a standard deviation of 30%
Investment B will give you an expected return of 10% with a standard deviation of 5%

Investment B is worth more *assuming of course you are going to reinvest the capital.

If this is wrong please explain it to me.

I'm glad someone said this.

I hear so many math terms tossed around, a lot in this thread, that I think I need to learn more about it. I mean, I get ev, spr, implied odds, and basic things like that. But you guys sometimes get into concepts that I can't figure out how to apply in a typical hand. So, I thought I'd try to learn.

I would read Applications of No Limit Holdem instead of MoP. It is focused on Holdem instead of the theoretical underpinnings. It puts everything together nicely and gives you a framework for your away from the table work.

Anna Karenina

nit