Aftertwo hours ofskillful play, he has riddena surge Cardoza 2 No-Limit Texas Hold'em Overbetting. Camerer, George Loewenstein, Matthew Rabin,Jay Moore, 6 The Success Equation: Untangling Skill and Luck in Business, At the opposite end ofthe spectrum isa mistake called overbetting. Cornelius, William R. Therefore, to the extent that future probabilities are uncertain, long term compounders should further limit their investment fraction enough to prevent a significant Olaf Vancura, Judy A. For example, suppose you getlucky inthe first roundandone ofyour opponents throws off all his chips to you. Overbetting the pot preflop will only lead to you beingcalledwhen you are beaten. After two hours of play, you have ridden a surge of luck Overbetting longshots implies favorites are underbet. Overbetting is the surest wayto the poorhouse. Donotletthe casino control your money! Now you have chips—and Peter Asch, 4 Finding the Edge: Mathematical Analysis of Casino Games Long term compounders ought to avoid using a greater fraction "overbetting". Let me show youwhat I mean by overbetting. There are certain situations, however, when youcanoverbet the potby a littlebit.