Casino

How much is a pocket pair of Aces worth in Holdem? How about AdQh? JsTs? While the answer to these questions obviously depends based on the game you are in, the stakes, your opponents, and so on, each hand we are dealt does have a $-expectation in the specific situation we face. This value is not known in the moment, but there are ways to estimate it. Years of experience can tell you approximately how valuable any particular two starting cards are to you. Computer simulations against robot opponents you program can give you similar information.

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One advantage that mathematically inclined players have in poker is the ability to more accurately calculate the $-expectation of each hand or situation. Still, any calculations include a lot of handwaving -- guessing, approximating, speculating. But there is no doubt that the better idea you have about hand values in a given situation, the better off you are. If every time you are dealt 77 under the gun you lose approximately $4 when you play it, it would be nice to know that, and act accordingly.

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