POKER MATH THAT MATTERS

Study Guide for Poker Math That Matters, by Owen Gaines

42 cards   |   Total Attempts: 191
  

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Cards In This Set

Front Back
The two keys to good poker
1. Accurate assumptions
2. Making the best decision
Making the best decision uses____to___
Math to show us what play makes us the most money on average.

We use mathematics to decide what play is best.
Most of your time as a beginner should be spent away from the table. T/F?
True.
All the hand-reading in the world will do you no good if you do not know what to do with the information you gain. So, making the best decision is the most important key to focus on at first. It’s the key that’s most improved through time spent away from the tables.
Which of the two keys to good poker is developed mostly through playing experience?
Accurate Assumptions.
How can we use mathematics in poker?
Math helps us make the best decision at the poker table that makes us the most amount of money in the long run (or loses the least amount of money possible.)
Players have bankrolls to___
Reduce their chance of losing all the money they have set-aside to play the game.
A bankroll is measured in___
Buy-ins.
If you wanted to have a 30 buy-in bankroll for NL100. How much money would you need?
A buy-in in a NL100 game is $100. So, 30 buy-ins would be $3,000.
As a general guideline, an amateur should have at least_____ buy-ins for their game.
30.
A win rate is___
The measure of a player’s results in the game. It lets a player know at what pace they’re either winning or losing money.
A win rate is measured in___
A specific number of big blinds per every 100 hands (bb/100). So, if a NL100 player won $1 in 100 hands, he would have a win rate of 1 bb/100.
What the two different terms of measurements for win rates?
big blinds (bb) and big bets (BB)
NLHE win rates are usually in big blinds, using lowercase “b”s.
However, some players talk about a win rate in terms of big bets (BB) with two uppercase “B”s. These both measure a win rate, but simply use a different tool to measure.
A big bet is twice the size of a big blind. So, 1BB/100 = 2 bb/100.
What is an 80 times stack in a NL25 game?
$0.25 * 80 = $20
If you wanted to have a 40 buy-in bankroll for the NL50 game, how much money would you need?
A typical buy-in at NL50 is $50.
$50 * 40 = $2,000
If a NL25 player went on a 15 buy-in downswing, how much money did he lose?
$25 * 15 = $375