Stu_Ungar
Legend
Silver Level
No Mr Ungar, not at all.
Firstly that statement it incorrect
"our maximum risk is the effective stack."
This would be true if you added
...." in each individual hand" or do you disagree Mr Ungar?
But, Mr Ungar, you didnt thus the statement is factually incomplete.
I completely agree.
The only risk we can calculate is the risk facing us in the current hand.
All future hands are purely speculative and calculations are not based on any known facts and therefore its not possible to state what the risk is on future hands.
Therefore the only risk we concern ourselves with is the current risk, which to reiterate, is the effective stack.