Brain Teasers. Answer. Quantitative Finance Society. Gambling Strategies & Statistics. Announcements. Trade Pitches. Market Update: The Macro View. Gambling Strats & Stats (No-Limit Texas Hold’Em). Basic Rules Expected Value (EV) Hand Odds Pot Odds Betting Position
Gambling Strategies & Statistics
Same scenario, $6 pot, $3 bet. You have four-to-a-flush. Is it profitable to call?
Pot-odds: 33% (3/9)
Hand-odds: 9 outs ~=36%
36%>33%, so you’ll win more often than is needed to break-even. YES! (positive EV)