easy · Poker Theory Foundations

Why is 'rakeback' or site promotions considered a 'first-order strategic variable' for a low-stakes player?

1. It allows a player to ignore the 'floor' on their own L_self errors. (under this line) (under this line)
2. It helps players overcome 'Result-Oriented' downswings.
3. It directly reduces the R term, which can represent over two-thirds of a player's gross edge.
4. It increases the number of errors opponents make (sum L_i).

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