Texas Hold'Em
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Texas Hold'Em
Is it all luck?
Knowing when to hold 'em and when to fold 'em, I mean. If there is a J-10 on the table and you draw 2-Q-9-4, do you hold out for the straight? Or do you fold when someone else bets the limit?
I have to admit that Texas Hold'em isn't my strong suit. I'm an average player, but it's unlikely anyone will lose their rent money playing with me. Still it's fun and I enjoy having a game here and there with friends. After a business trip recently where my wife got to play, she's got a bit of the bug, so we may try to have a few games out here at the ranch where we live. I'd love to invite you all out here, but, well, I just don't have the room 🙂
But we do have some space in Seattle, reserved just for you. Each year for the last 4 years the SQLServerCentral.com crew has sponsored a reception the first night of PASS, usually with some fun involved. Last year our card game night was such a hit, we've decided to run with it again.
So if you can get to the PASS Summit in Seattle this November, be sure you register with our "SSC" source code and you'll get an invite to the party.
And it's more than just fun and games. We've got lots of prizes, as mentioned in our Press Release today. We'll save a few for the high rollers, but most of the prizes will be random giveaways as a way of thanking those of you that support this community.
So come to the Summit and our party, have some fun, and take a chance at some of our great prizes.
And be sure to stop by and shake my hand. I'm looking forward to meeting you this year.
Steve Jones
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Number of cards remaining that will fill your straight: 8
Number of cards left in the deck: 46
% your straight will fill: 17.39%
Suppose we're playing $4/$8 limit.
Amount already in the pot: $56
Amount you have to call to see the next card: $8
Expected Value: $3.13
You should call.
Expected Value is: ((AmountInThePot + AmountYouHaveToCall) * (%YourStraightWillFill)) - AmountYouHaveToCall.
If negative, fold. If positive, call.
This is a gross simplification. The following factors were not incorporated:
a) if there is other action behind you, you could get raised
b) EV may indicate fold when it's your turn to act, but if there's other action behind you that will call, sometimes that EV would turn positive. You can start to see why position is so important. 🙂
c) the house rake in this analysis is assumed to be zero, which is only true for home games. In practice, most players don't this into account, but at the lower limits, the rake can be equal to a small bet or even a big bet in many games. So as a rule of thumb, figure the max rake (make sure to include the jackpot rake and dealer tokes), and then subtract that from every AmountInThePot before proceeding with EV.
d) there may be a flush draw on board, and filling your straight may also fill their flush, which of course is a lousy thing to happen. If there are two of the same suit on the flop and three or more opponents, discount your 8 outs to 6 before calculating EV.
e) probably other stuff...I didn't really mean to get this detailed. 🙂
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Steve,
My fellow SQL Administrators and I registered early for the PASS Summit this year. Assuming that the invite to the SSC party was going to operate the same as last year, we did not look into the requirements for being invited to the SSC party. Approximately 4 weeks after we registered for PASS we found out that one had to put in the SSC code upon registering to be invited to the party. We contacted PASS, but they would not let us enter the code on our registration after the fact. We contacted SSC, but they would not bend from their new ways. I found this to be very lame, and am very disappointed. The party will miss out on a few very lively gamblers this year because the SSC is not as progressive and cool as they seem to be on the surface.
Thanks,
Clarke Morris
SQL Administrator
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Clark,
I'm sorry that you didn't get in. PASS has the final vote on who gets in, not us. The requirements were the same as last year and the year before. We've had a source code for people we recommend for the party each year and it's what's gained admission.
We've debated charging a fee to let people in and we'll see if we can work out the logisitics.
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I don't suppose there's any way to use 2 codes when registering?
I've got a code that gets me a massivly discounted rate (because I submitted an abstract for the conference) but it means that I'll be missing out on the SQL Central party, and you guys won't be getting the referral.
Of course, that's assuming I can persuade my boss to let me go.....
Gail Shaw
Microsoft Certified Master: SQL Server, MVP, M.Sc (Comp Sci)
SQL In The Wild: Discussions on DB performance with occasional diversions into recoverabilityWe walk in the dark places no others will enter
We stand on the bridge and no one may pass -
There are two code spaces. A promotional code, usually used for discounts, and a source code, used for referrals. If in doubt, email PASS (passhq@sqlpass.org) and let them know you are being referred to us before or immediately after you register.
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Ah, thanks. That's great. I don't want to miss out on the party.
Now, where's my boss........
Gail Shaw
Microsoft Certified Master: SQL Server, MVP, M.Sc (Comp Sci)
SQL In The Wild: Discussions on DB performance with occasional diversions into recoverabilityWe walk in the dark places no others will enter
We stand on the bridge and no one may pass
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