Thursday, February 9, 2012

Chips lost at showdown

Friends and neighbors, it's that time again. Yes indeed, I'd like to impart to you anew the secret of poker. As always, the secret's very simple - to state, that is :-) It's devilishly hard to put into practice, but that's another story. The secret is simply this - to succeed at poker, you must minimize the chips you lose at showdown. One sure-fire way to do this is to minimize the number of times you go to showdown; however, if you take this strategy to the extreme, though you'll be guaranteed never to lose any chips at showdown, you'll also be guaranteed never to win many chips at all, since the only chips you'll ever win will be when no one goes to showdown, and you're the only one left standing.

Last night, I only lost at showdown three times; the total amount I lost at showdown amounted only to $3,800. My new poker rule of thumb is that in general you'll have a winning session if the total amount you lose at showdown is less than or equal to a quarter of your starting stack amount. At some point I'll run the numbers on my historical data and see how this hypothesis holds up.

During current Hold'em session you were dealt 59 hands and saw flop:
- 11 out of 12 times while in big blind (91%)
- 8 out of 12 times while in small blind (66%)
- 22 out of 35 times in other positions (62%)
- a total of 41 out of 59 (69%)
Pots won at showdown - 8 of 11 (72%)
Pots won without showdown - 5

delta: $17,100
balance: $3,231,362

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