This week, we open the satchel of poker tips and pull out the exercise book that deals with M-ratio.
It a term invented by professional backgammon player Paul Magriel who, when he’s not tumbling dice, also finds time to sit down at the occasional poker game and pen a few books.
Although the term and theory are his babies, as is often the case with these definitions, the basic principles were already applied by advanced players such as Doyle Brunson.
The M-ratio is a simple measurement of chip stack when factored against the price of playing each round.
M is equal to the number of laps a player can survive, making only compulsory bets, before his chip run out.
It is deduced by the following …
