Oblong

Well, I wasn't thinking of when you are in the SB as you don't have fold equity unless it folds around, and then not much v the BB. I was more thinking of the next orbit as a whole (though I said round), where you can jam with fold equity. But I take your point that short stacks have their plus sides too (good odds from all the dead money), so maybe jamming with no fold equity is not so bad..

This is interesting I think you have demonstrated from a chip EV point of view calling is good. But I feel like there is something missing from this equation and that's that when we call and fold we are left with a very short stack with little fold equity on the next round .i.e loosing 1/3 of our short stack is worse than loosing 1/3 or our chips in a $EV/ stack play-ability sense?

Hi,

First off, I have enjoyed this series so thanks.

Secondly, I think your slide was correct actually; sigma = Standard deviation. The Standard deviation is 8 bb/hand the variance is Std Dev squared , so 64 bb/hand^2 not 2X Std Dev.

So 68% of values fall within 1 Std Dev of the mean (or mu). This area has a width of 2 Std Dev, but this width is not the variance. The variance is abstract and not really useful since it is in squared units.

At least I think this is the case...