but it is not really human nature to walk away from a bad investment in time/money. Most people don't. So if the idea is to calculate the odds of a player's behavior this should be taken into account (queue theory). If the idea is to calculate the winning strategy, then of course you are right.
I initially did not answer in this thread because I am not a serious poker player. However, there are a number of non-poker factors. I had a little windwall last year and spent a couple hundred of it in the local casinos. You see a lot of people in there saying "I just want to win back what I lost" and "Hey, I won! If I put my winnings in I should win more!" The correct strategy of course is to attempt to beat the odds. The longer you sit putting money into one slot machine the better the chance that the odds, which favor the house, will work against you. But any *one* coin *could* lead to a jackpot. So you are somewhat better off to roam around putting a coin in here and a coin in there. This is not however what 99% of slots players do and the casinos count on that. Dana On Wed, 22 Dec 2004 10:36:57 -0500, Won Lee <[EMAIL PROTECTED]> wrote: > > Most poker books will read that there is no such thing as investment. > > Once you put the money into the pot it should influence you to make > > another call. IE. I already put in $5 to try to hit this guy-shot, I > > should call another $10. I disagree with them though. That is why when > > I calculate the odds on the flop, I'm always thinking about if I will > > get the right odds on the turn.. > > > > Once the money goes in, it does get factored in though. The pot will > > better odds because at least your money is in. > > > > Should read, it shouldn't influence you to make another call. But I > disagree with the authors and agree with Tony. Beyond the just the > math, nothing upset a player more then making what he/she believes was a > bad fold. and that could really influence the player the rest of the > game. As long as the bet isn't too big it's not a bad idea to call. > > > -- > 2004 - The year $184M couldn't buy a pennant. > > Ron Artest: Extremely flawed, very accidental, semi-martyr > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Special thanks to the CF Community Suite Gold Sponsor - CFHosting.net http://www.cfhosting.net Message: http://www.houseoffusion.com/lists.cfm/link=i:5:140853 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
