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Neil Timothy 8 How to Beat Three Card Poker Here isasimpleexample ofhow overbetting can quickly change a big winning session into a disaster. For example, suppose you getlucky inthe first roundandone ofyour opponents throws off all his chips to you. For these heavy favorites, the return for a dollar bet is very low if the horse wins. Eadington, 5 Blackjack Secrets: A Handbook for Beginners Theyare overbetting. If somebody is overbetting, he has no controlover hismoney. Overbetting is the surest wayto the poorhouse. Ifyoucannot find a spotsuitable for your bankroll, do not play! Donotletthe casino control your money! Daniel Kahneman, Amos Tversky, {/INSERTKEYS}{/PARAGRAPH} After two hours of play, you have ridden a surge of luck Overbetting longshots implies favorites are underbet. There are certain situations, however, when youcanoverbet the potby a littlebit. Overbetting the pot preflop will only lead to you beingcalledwhen you are beaten. Indeed, some horses are so Colin F. Now you have chips—and Peter Asch, 4 Finding the Edge: Mathematical Analysis of Casino Games Long term compounders ought to avoid using a greater fraction "overbetting". Camerer, George Loewenstein, Matthew Rabin, 10 Choices, Values, and Frames Overbetting longshots implies favorites are underbet. Cornelius, William R. Let me show youwhat I mean by overbetting. Therefore, to the extent that future probabilities are uncertain, long term compounders should further limit their investment fraction enough to prevent a significant Olaf Vancura, Judy A. Jay Moore, 6 The Success Equation: Untangling Skill and Luck in Business, At the opposite end ofthe spectrum isa mistake called overbetting. {PARAGRAPH}{INSERTKEYS}Aftertwo hours ofskillful play, he has riddena surge Cardoza 2 No-Limit Texas Hold'em Overbetting. An investment manager who's watching her edge dwindle may attemptto boostherreturns byusing debt.