Show Notes
Any #poker session you play can be thought of as a series of decisions. The "correct" decision in any spot, such as whether to bet and how much, in principle has an objectively-correct answer. This has some players erroneously seeking perfection.
In the real world, the information you use to make each decision contains uncertainty. You simply do not know the precise range of your opponent, and even if you did, a precise EV calculation in real time is not a feasible goal. Make the best decision you can with the available information, but accept that your goal is to be good, not perfect.
TIMESTAMPS 0:00 Introduction: Certain Uncertainty in Poker 0:42 The Myth of Perfect Decision Making 1:30 Why Professional Players Don't Always Know What to Do 3:06 Quest for Perfection vs Reality 4:47 Three Areas Where Uncertainty is Normal 5:23 Area 1: Can You Ever Know You're a Winner? 7:08 Area 2: Understanding Villain Ranges 9:43 The Ranging Process is Just an Educated Guess 11:42 Area 3: Expected Value Calculations 12:42 The Limitations of EV Calculations 15:12 Long-Term EV vs Single Hand EV 18:21 Being Better Than Average is Enough 20:07 Embrace Uncertainty to Improve Your Game
RELATED LINKS The Low-Stakes Poker Playbook: https://redchippoker.com/low-stakes-poker-playbook/ SplitSuit Poker Workbooks: https://www.splitsuit.com/poker-workbooks Generating Profit In Multiway Pots: https://redchippoker.com/profit-from-multiway-pots/ Play Better Poker Through EV Modeling: https://youtu.be/zvRTqcJ7DHY?si=i_tZRyP3JBOQ-TCm
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