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Value Leaks

The ways that players leak value

by John Vorhaus |  Published: Jun 11, 2009


One thing I learned when playing poker last winter in Russia — where the games were consistently weak-loose and betting for value was the only winning strategy I needed — was the crucial importance of not leaking value. Literally, the only way I could fail to beat the game was if I played down to their level, handing back to them the chips that they so graciously and consistently handed to me. This got me thinking about a new nostrum to add to my large and ever-growing collection of poker aphorisms (which collection includes such classics as, don’t play garbage hands, quit winners, and go big or go home). That new adage is this: Don’t leak value. Let’s take it out for a spin and see what it can do. Drawing Against the Odds: Man, you see this one over and over again. You lay some jamoke the wrong price ...

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