ITH Poker Forum

[RogerThat]

I've read that a “Big Bet” is the amount of each raise in the last 2 rounds of a limit Texas Hold'em poker game, i.e. in a $1/$2 game the BB is $2. And I've also read that a good Texas Hold'em poker player wins at a rate of 1.5-2BB/100.

What I don't understand is: IF the Blinds go around 1/10 hands, then you are paying $15/100 hands (If small blind = .50 and BigBlind = $1), then that's technically 7.5BB's you pay/lose per 100. (!?)

So, if a "good player" wins at a Rate of 2BB/100, does this mean they win $4 every 100 hands?

And what about the loss of $15 to the Blinds? Wouldn't that mean a loss of $11??

Or is it total, saying the good player wins $19/100 hands in $1/$2?

I'm obviously confused as to what this all means... Can someone just explain it in a real world dollar example to me?

RogerThat!

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[Fumseck]

The BB/100 is an average.

My BB/100 is 2.01 for 0.50$/1$.

I have played 41243 hands.
My winnings are 828.98$.

So to get my BB/100:
828.98 / 41243 * 100 = 2.01

So on average I win 2.01$ every 100 hands (2.01 * 1$).


My BB/100 for 1/2$ is 1.56. So on average I make 3.12$ every 100 hands (1.56 * 2$)


My BB/100 for 2/4$ is 3.09. So on average I make 12.36$ every 100 hands (3.09 * 4$).

[Ixiterra]

So, if a "good player" wins at a Rate of 2BB/100, does this mean they win $4 every 100 hands?

Yes. Blinds money is irrelevent to your BB/100--it is already part of it.

[ResumeMan]

The winrate (BB/100) is net of the blinds; that is you don't calculate what you would have won without paying blinds, then subtract the blinds you paid.

I think one thing that may help you with this is to re-think the way you consider blinds. This was reinforced to me in re-reading an Ed Miller article today about something different:

The blind is not a payment you make in exchange for playing, it is a live bet, albeit a forced one.

In essence, posting the BB is no different, in winrate terms, from limping into a pot in any other position. If you win the pot, your winnings from that hand is the size of the pot minus all money you put into the pot, whether that was a blind or a voluntary bet/call/raise.

So yes, you are putting 7.5 BB/100 into the pot as forced bets (blinds), but you are also putting a lot more money into the pot as bets/raises made in order to win the pots you do win. And the winrate is the net of all your bets and your pots won.

[RogerThat]

Thanks. Gotcha.

[teplvladimir]

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