Wednesday, March 27, 2013

The elevator technique

Good cards come in bunches. You have to expect to go through long stretches when you're card dead, surely. Yet you also have to expect stretches, though shorter and more widely spaced ones, where hand after hand you're dealt good cards. How should you deal with those types of stretches? I try to use what I call the elevator technique. Imagine that your goal is to get to the highest floor you can in a skyscraper, using one of the elevators. The problem with the elevators in this building is that there aren't any floor number buttons to press, and on average, the elevators go down much more frequently than they go up. The only button you can press is an emergency button, which takes you down some random number of floors below the floor you were on when the doors last closed. Whenever the elevator doors open, you only have two choices - step off, and lose any chance of going higher, or stay on, and risk ending up on a lower floor. You know that the longer the elevator keeps going up, the more likely it is to go down soon, and precipitously. You're basically playing a game of chicken. How brave are you? You can't help but find out :-)

During current Hold'em session you were dealt 43 hands and saw flop:
 - 2 out of 5 times while in big blind (40%)
 - 1 out of 6 times while in small blind (16%)
 - 14 out of 32 times in other positions (43%)
 - a total of 17 out of 43 (39%)
 Pots won at showdown - 5 of 7 (71%)
 Pots won without showdown - 3

delta: $17,159
cash game no limit hold'em balance: $4,568,279
balance: $7,017,687

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