⚔️

Growth Manager

⚔️- Grapevine

Total Points: 1631
India Rank: 29407 🥲

Good to finally have this community. People who play FPL, how many points are you at.

Corporate Strategist

Any PL fans here ?

What are your Top 4/6 Predictions for this year ?
For me Arsenal are going to win today and the league. My Top 6 are

1. Arsenal (Most deserving, Arteta Top 4 Manager itw )

2. Man City ( KDB is back from hibernation + Baldy is a genius)

3. Liverpool ( They think that they are going to win the league, but they will finish 3rd)

4. Aston Villa ( Dark horse ,deserve to get UCL)

5. Tottenham ( Spurs = Sh*t but they will manage)

6. Man Utd ( Mid table club and i am being generous)

People who are in Bangalore visit Buffalo wild wings in Indiranagar even if you are not a football fan, you will have the best screening of your life. That place is lit asf 🔥

🚨ARSENAL V LIVERPOOL🚨

Machine Learning Engineer

Welcome to Data Scientists's Private Community

I will continue with this series for people who like this kind of content, drop "+1" in the chat and I will tag you the next time I post content.

I assume you guys know some basics of Texas Hold'em Poker. Flop refers to "the dealing of the first three face-up cards to the board"

Now, let's look at the table and their positions:
1. Blinds: First to act every street after pre-flop.
2. Early positions: Under the Gun(UTG)
3. Middle positions
4. Late positions: Button and Cut Off

The order for a 10 person game would be: Small Blind(SB) → Big Blind(BB) → Under the Gun(UTG) → UTG+1 → UTG+2 → MP1 → MP2 → MP3 → Cutting off the Button (CO) → Button (BTN) and then order repeats ...

Some insights:
1. Blinds see the flop at a discount because they are compelled to play but are at a disadvantage because they are first to act.
2. This means that more money is made in late positions because they have more information to act on.
3. However in short stack situations, where effective stack size is small then early positions are better because you have the opportunity to go all in before someone else can as you can maintain Fold equity(Equity from Aggression).

So, Expected Value or E(V) is how do you determine whether you should call or fold basis the size of the pot and your contribution to it basis the number of outs(potential winning hands) you have.

E(V) = Win % * Win Amt - Lose % * Lose Amt

For example:
Villain(V) [UTG+1] = $500
Hero(H) (MP1) = $500

SB/BB + Ante = 20/40 + 10
Here, Ante is the bet everyone has to make every hand. This is to make the pot worth playing for everyone.

Pre-Flop: $140
H = A 10 (suited Hearts)
V = ? (Unknown)

1 Fold
V raises $120
H calls $120, 5 Folds

Flop: $380
The flop is 8 Heart, 3 Heart, K Club
V = $370 (All In)
H = ? (Do you call or fold?)

Solution:
A call is positive E(V)  if:
 Win % > Call Amt/ Pot after Call 

You have a strong hand if you can get a flush here. 
which means you need one of the next two cards
Heart Heart Club | Heart* | Heart*

Which means:
Win % = 1 - (Odds of 2 cards not being Hearts)
= 1 - (40/49 * 39/48)
= ~ 36%

So,
370/1120 = ~33% is  Call Amt/Pot after Call

Since, 36% > 33% Hero should call.

E(V) = 36% * (380+x) - x * 66%
E(V) cut off at 0,

x = $404

You stand to make $ if you decide to call that bet. You can raise any amount till $404 for a positive E(V) after which you should mathematically fold.

An easier way to calculate this is to use 2% if you can only see one card after flop and 4% if you can see both cards.

That way, Win % here would be = 4% *  9 = 36%
9 outs because, 9 cards that are Hearts are left in the deck.

Daily Series #1: Geeking out → Poker Math

Product Manager

Be scared be very very scared. Mikel Arteta is not here to take part, he is here to take over. #yagunnersya

We are coming for the League 🏆

My toxic trait wants RCB to lose the eliminator

Business Analyst

Got a new phone and trying to find a new wallpaper now. Here's my old wallpaper...
Suggestions are appreciated.

Designers? Drop best phone wallpapers please.

City are more or less likely going to win the league as they have a much easier run in. Are you expecting any surprises?

Premier League Predictions

Recruiter

Welcome to Personal Finance's Private Community

I am of the understanding that capital gains under 1L are tax free and those gains aren’t to be added to your taxable income. However, I met a friend this evening who informed me that her CA says that capital gains are always added to the taxable income and are not really tax free regardless of them being under 1L. If this is true, my friend is not getting the 6K rebate she was hoping to get since her taxable income now crosses the 5L barrier. Had the capital gains not been added to her taxable income, she would well under this 5L barrier. 

Can anybody please confirm if this is indeed true?

Some additional context: The capital gains are from her ELSS investments which were sold in the last FY and amounted to about 50k over the sale of about 1.7L

If this is indeed true, I have a follow up question from an inversion POV - if capital gains indeed exceed 1L, will one then be taxed twice? i.e. The 10% LTCG tax as well as the slab based tax on taxable income (salary - dedications + capital gains)

Capital gains related tax query

Spoiler Alert : Game of Thrones : When we all felt betrayed

Software Test - QA

Welcome to Indian Startups's Private Community

Hey guys, thanks for the love in my last post and thanks for everyone that followed me on Twitter. 

I am actively developing the app and with your love and support might be able to get funding for launch. 

Follow me on Twitter to see the complete version soon… https://twitter.com/pocketmoneyhq ❤️

Sneak peak 🚀

Founder

The new season is here at long last. Couldn’t be more excited! We haven’t had football related discussions here, but I’m wishfully hoping we’ll have a steady few going forward.

What are your predictions for this year? 
- Top four standings
- Golden boot
- What are you most exited about this time around?

My eyes are glued onto the Caicedo situation at the moment.

⚔️

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