Author Archives: Jason Schlachter

Don’t Be Down With OPP(Other Peoples’ Personal Finances)

Posted on August 28, 2012 by Jason Schlachter

The other night I was cashing out after a long session, when I saw someone whose friend had been playing in the game I was playing, and we exchanged a few pleasantries .  I had been down a lot, and … Continue reading →

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Old Article on the Math of the Lottery

Posted on July 27, 2012 by Jason Schlachter

This article explains why playing the lottery is a bad bet, even when the jackpot is $500 million. http://www.forbes.com/sites/baldwin/2012/03/29/500-million-jackpot-calculating-your-odds/

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Things That Might Help You When Reading This Blog

Posted on July 27, 2012 by Jason Schlachter

I have been told by several people that they are unfamiliar with the vernacular and shorthand I use in describing certain poker and math concepts.  I hope this page explains a lot of what I have written and I will … Continue reading →

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Life Variance

Posted on July 26, 2012 by Jason Schlachter

Variance is a description of how far numbers in a set are from their average. There is a lot of variance in poker.  Your expected earnings, the amount of money you can expect to make in a time period, can … Continue reading →

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Why I Rarely Play Tournaments

Posted on July 23, 2012 by Jason Schlachter

Tournaments are great for the game of poker.  They bring together many people who are interested who are able to play without concern of losing a lot of money, and have the chance of winning a big prize at the … Continue reading →

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