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Answers to Exercises Exercise 1 (a) The suits of the cards are irrelevant, so the calculation is the same and the answer is 0.274 bets. (b) Whether our opponent has AQ or AK does not affect the calculation since we still have the same number of outs to win, so the EV is again 0.274 bets. Â© If we miss our straight, we still lose 1 bet, but now if we make a straight, we lose 3 bets. T ... <a href="/blogs/sweetjazz3/466-How-to-Think-About-Limit-Holdem-Answers-to-Exercises">(continued)</a>
Hand ranges and combinations Having worked through these two examples, you may have noticed something particularly unrealistic in them. In general, we will not know our opponentâ€™s hole cards. Rather, we will assign a hand range to our opponent. To do this, we begin by assuming that any two card combination of hole cards is as likely to be dealt to our opponent. We then begin to rule out hands ... <a href="/blogs/sweetjazz3/465-How-to-Think-About-Limit-Holdem-Part-Three">(continued)</a>
Expected Value The first tool used to analyze a betting decision is the concept of expected value (or EV). In order to calculate EV, you make a list of all the possible ways the hand can play out; for each possible scenario, you multiply the number of bets you will win or lose in the given situation by the probability of that situation occurring, and then you add up these numbers for all the possibl ... <a href="/blogs/sweetjazz3/464-How-to-Think-About-Limit-Holdem-Part-Two">(continued)</a>