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14 February 2009
Double Your Money Just for Signing Up
As your points total grows, they put cash in your account. It's that simple. Plus, you get to keep the points! These points can be used to get the same Full Tilt Gear our pros wear every day. Or, you can use those points to enter valuable Freeroll tournaments. Play more; earn more - all the way up to $600.
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13 February 2009
European Poker Tour
EPT SHORT FACTS
- The EPT is a series of major European poker tournaments
- Satellite & Buy-in are entries accepted at all levels
- Live TV-coverage available on major European networks
Qualify for EPT at Gnuf
Keep checking their promotions section to see what’s going on at the poker tables right now.
About the EPT
The European Poker Tour, the EPT, dealt its first hand in 2004. With the spectacular interest of games like Texas Holdem, the tour was an eminent success. After its first season, the EPT had already positioned itself as the premier host for major league European poker.
Today, the EPT is considered as one of the world’s most prestigious tours alongside the World Poker Tour. And with rising pots & prizes, Season 4 is looking particularly fierce.
The EPT attracts the absolute cream of card players and this year’s tour is likely to set an all-time high in EPT winnings.
Poker Tip: Pot Equity
What is Pot Equity?
Pot equity is the percentage of the pot you expect to win in the long run. If you subtract your investment in a pot from your pot equity, then pot equity becomes just another way of expressing expected value. But having many ways of thinking about expected value is helpful both for understanding it and calculating it easily.
Suppose you’re playing in a no-limit hold’em game with blinds of $1 and $2. One opponent limps, you raise to $10 with AA, and someone behind you goes all-in to $50. The blinds fold as well as the initial preflop limper. You call, and you find that your A♥A♦ is facing K♦K♠ for a $105 pot (let’s assume $2 rake, meaning that the pot is actually $103). You’ll win about 81.71% of the time and tie about .46% of the time. Your equity is (.8194)($103) = $83.90. The percentage, .8194, is obtained by taking your winning percentage and adding half of your tying percentage (because when you tie, you only get half of the pot).
Short Term Variance; Long-Term Results
Your goal is poker is to make decisions yielding a positive expected value. Another way of saying this is that you need to think of the process rather than the results, and you need to think of the process in an honest light.
If you think of your results in terms of “should haves,” you’re in the habit of overestimating your expected profit, and if you overestimate your profit, you’ll seldom reach your expectations every session, meaning that poker will be a very frustrating experience for you–one of the worst feelings in life is repeatedly failing to match expectations. Instead of thinking in terms of “should haves,” begin thinking about your poker in terms of pot equity. At the end of the day, you’ll be a much more sane, and a much more happier player, and a much more analytic player. Poker is supposed to be fun, so respect and enjoy the process!
By Tony Guerrera