Search results
Results From The WOW.Com Content Network
Risk of ruin is a concept in gambling, insurance, and finance relating to the likelihood of losing all one's investment capital or extinguishing one's bankroll below the minimum for further play. [1] For instance, if someone bets all their money on a simple coin toss, the risk of ruin is 50%.
Example of the optimal Kelly betting fraction, versus expected return of other fractional bets. In probability theory, the Kelly criterion (or Kelly strategy or Kelly bet) is a formula for sizing a sequence of bets by maximizing the long-term expected value of the logarithm of wealth, which is equivalent to maximizing the long-term expected geometric growth rate.
PokerStove is a program that calculates hand equities (i.e., expected percentage of the time that each hand wins at showdown). [3] Since poker is a game of incomplete information, the calculator is designed to evaluate the equity of ranges of hands that players can hold, instead of individual hands. [4]
Poker relative calculators tend to be displayed on poker tournaments and shows for an audience because they provide an accurate assessment of a player's winning chance. However, professional in game poker players do not use or think in terms of poker relative calculations because two or more poker hands at the same table are required.
Discover the best free online games at AOL.com - Play board, card, casino, puzzle and many more online games while chatting with others in real-time.
The theory behind this Labouchère system is that, because the player is crossing two numbers off of the list (win) for every number added (loss) the player can complete the list, (crossing out all numbers) thereby winning the desired amount even though the player does not need to win as much as expected for this to occur.
World Class Poker. Texas Hold'em, Omaha, 7-Card Stud, 5-Card Draw and more at the most authentic free-to-play online poker room, based on the award-winning World Class Poker with T.J. Cloutier
Poker: Five Card Draw. Make the best five-card combination with an opportunity to draw, while enjoying structured betting. By Masque Publishing. Advertisement. Advertisement. all. board. card.