WiltOnTilt begins with a primer on the importance of math in NL Hold'em. In a classroom setting, he discusses probability and odds, variance, pot equity, and introduces us to Expected Value (EV).
WiltOnTilt will discuss key concepts related to the mathematics of No-Limit play using Powerpoint. Begin with the basics: probability and pot odds. Then follow Wilt to more advanced arenas: implied odds and reverse implied odds, software tools and mental shortcuts for equity calculations, complex EV calculations, and an exploration of fold equity. And watch this series conclude with a discourse on the ultimate in professional poker math: hand frequencies, valuebetting, and G-bucks.
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hey maybe missed something but i think there is a discrepancy with one of the slides. On the "converting a percentage into a ratio" you say 33%>ratio is 2:1 as in 2:1 dog. Then afterwards you say 83%>ratio and say the ratio is 4.9:1 but you are referring to it as a 4.9:1 favorite. someone new could be confused
Thank you for this video, very clear explanations.
Just a quick question, in the AK vs flush draw example towards the end of the show, you mentioned that our stacks were 'effective stacks' of $1000, but I'm not quite sure what this means. Is there a different meaning to saying '$1000 stacks' vs '$1000 effective stacks'?
Great job and I'm gonna watch part 2 now.
I joined this site specifically for this series. I haven't played in a long time and am very rusty. After watching the first video- and also poking around, I have no doubt I'll stick around for a long time. Thanks Wilt. I know it's a long time since you created this series, but just so you know- it just brought deuces-cracked a new customer.
A couple of slightly better approximations concerning the rules of 4 and 2.
4 * #of outs -(# of outs greater then 8) = turn percentage
for outs 6 and above
2 * #of outs + 2 = river percentage
That works well, thank you.
I put the oddschart up on my website for you. you can find it here:
Glad you enjoyed the video!
it's good to just screw around with these numbers a little. seems to sink in better if you actually do the math. mess with approximation help sudic gave us and test it out a little bit
can't wait to watch the rest of the series. very solid stuff
Hi WoT, I have a question here regarding your math for the 33% ratio to percentage problem. Wouldnt the correct ratio be - 1:2 b/c, 33% wins to 67% losses is equal to 1:2. In the powerpoint presentation it is written, 2:1. Can you clarify please??
ya 1:2 or 2:1 is fine, its just typically ratios are expressed with the larger number first, then either "favorite" or "underdog" is placed afterward.
so like 2:1 favorite. 3:2 underdog (or "dog" for short)
but 2:3 is not incorrect, it's just different than the standard way of saying/expressing it.
Sorry for being a nit here, but there's an error on the pocket pair line (in the bottom part of the slide).
On the turn your PowerPoint slide shows us as a 44.5:1 dog with one card to come. In fact we are an ~22:1 dog (in other words, approximately what you listed as the flop odds). The flop odds are also incorrect - we are ~10.9:1 against.
This error is also present on the chart you linked.
Hmmm...too late to edit - now that I read the thread I see this has already been mentioned. That said, it doesn't seem the link on your web page has been corrected.
Also, I see the first poster said the percentages were still correct. Upon review I agree that looks reasonable - I didn't notice since I tend to deal strictly on the odds and ignore the percentage equivalents.
Anyway, nice job on the vid.
This is fantasic, the basic core mathematical points that are so hard to find info on, and often taken for granted by a coach/expert when teaching a new player Leading to being told what to do when, but not why, which I think is the reason many new players and even some old hats can't learn how to play a dynamic game. I look forward to watching the rest.