Whether a complete novice, amateur, or even an experienced professional, one of the most important features of successful poker play concerns bankroll management. Your bankroll quite simply describes the money you have available for poker, and moderation in the size of games you enter, according to the size of that bankroll, is quite simply an
The Kelly Criterion formula calculates the potential sizes of wagers or investments that are the most likely to maximize the possible return while minimizing the risk of losses. This, coupled with the systematic way the formula handles bankroll management, the Kelly Criterion has been one of the top strategies used by investors, bettors, and traders
Equity in poker is a simple but highly important concept in the decision-making process of the game. In summary, it can be described as that share of the pot that a player theoretically may be taken to in an average sense, regarding the remaining cards yet to be dealt. By calculating equity properly, you’ll be
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