Just for arguments sake, say he has a busted draw 50% of the time.
If you bet $100, you win $236 50% of the time and lose $100 50% of the time. Net EV $136.
If you bet $250, you lose $250 50% of the time and win $236 50% of the time. Net EV -$14.
Pretty freaking big difference.
Or, put another way. If you bet $100 he has to have a busted draw 30% of the time for you to break even. If you bet $250 he has to have a busted draw 52% of the time for you to break even. Less than one third, vs more than half. Once again, pretty big diff.Statistics: Posted by Stoneburg — Thu Mar 20, 2008 4:56 pm
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