3/20/2006

03-21-06 [poker] - 1

03-21-06 [poker]

Another take on the difference between Limit and No Limit : in a typical low-stakes Limit hand, making a good decision requires you make a good estimate of the probability of him having one of a very wide range of hands - he could have top pair with various kickers, middle pair, overpair, sets, lots of draws, etc.. you need to assign some chance to each and try to maximize against that range. In No Limit, profitability depends more on being able to just the chance that he has exactly *one* hand, or maybe a few. Like when you have KT and the board is KT9, you need to estimate the chance he has QJ and how he would play it.

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