Tournament Strategies
After receiving pocket cards, you are immediately faced with a choice: play your cards and either raise or call the blinds, or fold.
After receiving pocket cards, you are immediately faced with a choice: play your cards and either raise or call the blinds, or fold.
5) Summing the Differences of streaks 1 – 6W (+$595) and dividing by the number of Lose Streaks less 1 (64 – 1 = 63) yields the Average “Winnings” per cycle of $9.44. This number is an average and since the game is a random process and thus can be wild, its real importance is for comparing one betting method to another. Now continue on to Section 6 where a modified version of the ‘Ideal’ Standard Betting Strategy is introduced.
6. Modified Version of the ‘Ideal’ Standard Betting Strategy The problem with the ‘Ideal’ Standard Betting Strategy is that one must bet $320 on the sixth bet of a six bet Losing Streak. Then if one loses that bet, the cumulative loss is $640. What a bummer!