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PokerStove is a program that calculates hand equities (i.e., expected percentage of the time that each hand wins at showdown). [3] Since poker is a game of incomplete information, the calculator is designed to evaluate the equity of ranges of hands that players can hold, instead of individual hands. [4]
The concept applies primarily in tournament poker; in a cash game, a player can in principle manipulate their M at will, simply by purchasing more chips. A player with a low M must act soon or be weakened by the inability to force other players to fold with aggressive raises. The term was named after Paul Magriel.
To calculate the odds of being dealt a pair 78 (the number of any particular pair being dealt. As above) divided by 1326 (possible opening hands) 78/1326 ≈ 0.0588 or 5.88%. Suited hands, which contain two cards of the same suit (e.g. A ♣ 6 ♣).
In poker, the Independent Chip Model (ICM), also known as the Malmuth–Harville method, [1] is a mathematical model that approximates a player's overall equity in an incomplete tournament. David Harville first developed the model in a 1973 paper on horse racing; [2] in 1987, Mason Malmuth independently rediscovered it for poker. [3]
A poker advantage calculator calculates a player's winning ratio and normalizes the winning ratio relative to the number of players. An advantage calculator, provides a normalized value between -100% and +100% describing a player's winning change in a locked domain.
In some variants of poker a player uses the best five-card low hand selected from seven cards. In most variants of lowball, the ace is counted as the lowest card and straights and flushes don't count against a low hand, so the lowest hand is the five-high hand A-2-3-4-5 , also called a wheel .
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In Texas hold 'em, as in all variants of poker, individuals compete for an amount of money or chips contributed by the players themselves (called the pot).Because the cards are dealt randomly and outside the control of the players, each player attempts to control the amount of money in the pot based on the hand they are holding, [2] and on their prediction as to what their opponents may be ...
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