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Poker Math That Matters

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There are three key variables when analyzing whether or not a<br />

semi-bluff shove is a good move.<br />

103<br />

1. The size of the pot in relation to the money left. The<br />

larger the stack to pot ratio, the more often he must<br />

fold. This is because we're proportionally risking more.<br />

2. How often he folds. Normally the smaller the stack to<br />

pot ratio, the less often he'll fold and vice versa. This is<br />

because our opponent is normally aware of the reward to<br />

risk ratio to some extent. 10<br />

3. Your showdown equity. The more showdown equity<br />

you have, the less often he'll have to fold.<br />

Now, I promised a shortcut, so here it is. We’re going to look at<br />

our reward to risk ratio in this shortcut.<br />

The pot is currently $39. We have to shove $27. Remember<br />

when we shove, we have equity. So, shoving isn’t risking $27 to<br />

win $39. We have to find out what we’re actually risking. Our<br />

shortcut has three steps.<br />

1. Total pot size times our equity.<br />

2. Subtract the result from step one from our bet.<br />

3. Examine the reward to risk ratio.<br />

Let's examine these three steps from our example.<br />

1. The final pot would be $81. Our equity against his all-in<br />

range is 24%. <strong>That</strong> would about $20. 11<br />

10 Even though they may not know the math, most people will be more<br />

cautious calling a large amount to win a small amount and vice versa.<br />

11 I would do this quickly by thinking of 80 divided by 4.

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