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Message: [QUOTE="diabloblanco, post: 349605, member: 4734"] XD sent me a PM with this thread linked in it so here I am. I had already skimmed the OP, but I wanted to give a really concise answer and was in a rush at the moment. I may get long winded or ramble a little but hand with me and we'll hammer this bastard out with the help of some of our resident badasses and all 'round know-it-all's. OK, expectation and EV are terms that follow and closely relate to calling with correct odds and playing by mathematical and statistical edges. He also already got out of the way the fact that this pertains mainly to LHE (limit hold 'em) ring games as opposed to NL rings and tournaments. Not to say that having correct pot odds isn't important in NL because it is, it just isn't emphasised as much as it is in LHE. In NL you are forced into situations--due to the constant raising of blinds and introductions and raising of antes--to make moves that sometimes may not be correct mathematically. In other words you decide to call when the pot isn't laying you the correct odds to do so. In this situation you're looking to get lucky in the short run for the outcome of the tournament, therefore a call in this situation is an acceptable play. This differs from Limit Hold 'em ring games because you aren't facing an increasing blind structure, which allows you to use the same equation over the long term and make decisions that are mathematically sound which--also in the long term--are proffitable. An example of this is a call in which you're being laid 14 to 1 pot odds in a situation where the actual odds of your winning is 11 to 1 you call no matter what. Sometimes this call will not pan out and you will lose the hand and the money invested in the pot, however, with those odds, over the long term you will profit from that call if made consistantly. I will be glad to add more to this discussion, but first I want to see where this thread goes with a few more replies. Great first post, BTW...jumpin' Jesus, we have a discussion topic. [/QUOTE]

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