Are you reading blog posts and book reviews or actually doing the work? There's a big difference between the two. Don't fool yourself. Using Multidisciplinary Thinking to Approach Problems in a… You can train your brain to think like CEOs, professional poker players, investors, and others who make tricky decisions in an uncertain world by weighing probabilities. OODA LOOP: What You Can Learn from Fighter Pilots About Making…
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Chip Value (1): The Principle of Diminishing Chip Value One of the most important skills for a SNG player is the ability to understand and calculate the real value of chips . By doing so properly, you will be able to better understand the trade-off between risk and reward in all of the situations you face.
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Lottery tickets prove useless when viewed through the lens of expected value. If a ticket costs $1 and there is a possibility of winning $500,000, it might seem as if the expected value of the ticket is positive. But it is almost always negative. If one million people purchase a ticket, the expected value is $0.50.
Calculating Expected Value in Poker | Poker Tournament…
Expected Value - Poker 101 ( Extremely Simple Math)
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