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Tip the odds in your favor and win!Product InformationHoyle Blackjack Series gives you the tools you need to learn the winning strategies for 16 different variations of blackjack.  Learn when to hit stand double down or split on your road to success.  Though the basic rules are simple the strategies of the pros are plex.  Practice your skills at a standard table or video blackjack then enter a tournament and try for the big money! Product HighlightsMultiple Game VariationsEnjoy different blackjack variations including: Video Blackjack Spanish 21 6 Card Charlie Face Up Special 21's and more!Professional RulesPlay blackjack with the official rules from the experts at Hoyle the officialname in gaming!Face CreatorPersonalize your own character with hundreds of options from hairstyle to facialfeatures.TournamentsLearn the strategies and win the big money with tournament-style play.Blackjack CalculatorInput the rules for any blackjack game and learn the odds of winning.Product Features Includes official rulebook from Hoyle Create your own character Choose from single double or quad deck varieties Bonus: Blackjack calculator gives you the authentic house odds and payouts of any variationSystem Requirements Windows 98SE Me 2000 SP 4 XP SP1 Pentium 166MHz processor or faster 32MB of RAM (128MB for Windows 2000 and XP) 350MB of Hard Disk Space 8X CD-ROM Drive Sound Blaster Compatible Sound Card 640 x 480 16-bit color display

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What is expected value?

The expected value (EV) or expectation of a wager is how much you will win in the "long run" by making that wager.

For example, if you are on a flush draw on the flop, the probability you will hit your flush by the river is about 36% of the time. The odds are about 2-1.

If there is $50 in the pot, and you only have $10 left, you should call. You are betting $10 to win $50, or 5-1 odds. The expected value

Expected Value: A Lousy Concept for Tournaments

The more I play tournaments the more I learn that expected value is a lousy concept for tournaments. Here are some of my reasons why:

1. It is based on the "long run."

Cash games are in the long run. A tournament is not the long run. It is one moment in time.

2. It is based on the value of the chips being equal.

In cash games, a buck is a buck. In a tournament, the value of your chips change based on the blinds. As the blinds increase, it is said your chips are "worth" less.

3. Tournaments provide more opportunities to accumulate chips, so why not play when you have the upper hand.

I recall Chip Reese's story on how he lost a big pot against a poor player even though he had a slight edge. He said that sometimes the mathematically correct play is not the right play. And I think this is what happens when you adhere to expected value in a poker tournament.

My new tournament poker concept: Unexpected Value

What is unexpected value? Unexpected value is making a fold even though you have positive expected value, since you know you will get more value out of a better poker situation.

I will give you an example from a MTT I was playing in last night. It was down to 18 players. There were 9 players at my table and I was on the button. A tight player raised 3x's the big blind. It was folded to me. I found pocket Jacks. A call made no sense since it committed half my stack. It was a situation where if I moved all-in, the raiser would call me since he had committed about 40% of his chip stack.

Since I knew my opponent was tight, he was pot committed, and 65% of the time the flop alone will have one card higher than my Jack, I made the unusual play. I folded.

It ended up being the right thing to do since I was able to take my low chip stack and finish 4th.

What do you think?

Mitchell Cogert is the author of "Tournament Poker: 101 Winning Moves." It is the only reference book to reveal the plays the Pros use to win a poker tournament. These plays are based on reviewing 20 years worth of tournament poker strategies and by actual play against Daniel Negreanu, Erick Lindgren, David Pham and other top pros. The book is highly rated with 5 out of 5 stars on amazon.

For more information go to How to Win a Poker Tournament. The web site address is http://www.APokerExpert.com Twitter: Mitchell1969

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