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[QUOTE="ChuckTs, post: 643451, member: 467"]
I just thought we should make this thread for small little tips, concepts and theories that may or may not be big enough for their own threads.  I'm half asleep so it may not be as good of an idea as I'm imagining it as.  I'm reading a handful of new books and finding plenty of new and old stuff worth posting.

Please don't post here unless you have some good info or ideas to post.  If you want to discuss anything that someone else has posted here, start a new thread on the topic so that we can keep this clean and somewhat organized.

first tidbit:

The most costly mistakes are the ones that you're given the most frequent opportunities to make, and not the ones that seem to be the biggest.

The example they (Sklansky, Malmuth & Miller) use is having the odd leak of folding a royal flush every time you're dealt one.  You're only likely to have this happen maybe once a year, and you may lose $100 or $200 on the hand.  They then compare it to losing a measely $1 every time you cold call a bet with a marginal hand, or play a marginal hand out of position.  Even though it's cheaper per 'mistake', the latter will be way more costly since you'll be doing it thousands of times a year as opposed to the one time you fold a RF.
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