Some Boring Math and A Sucker Bet
by Steve Zolotow | Published: Feb 22, 2012
There are certain mathematical mistakes that poker players, and unfortunately poker writers, frequently make. These errors creep into some books and articles which contain a lot of conclusions based on mathematical models. And while most of these mistakes are not really crucial in themselves, they always make me worry than there may be flaws in some of the other mathematical conclusions they presented as gospel. It is common to read that typical waiting time for aces is 221 hands. In actual fact, this is the average wait time. The typical wait time is much less. One common error involves the wait time for something to happen. The average wait time is frequently confused with the median or mode wait time. Let’s begin with a non-poker example. When you drive over to pick up your girlfriend, you are usually right on time. Once, however, you had a flat and were 150 ...
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