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what does effective stack mean

  • JoanL (LA Vegas, NV)

I am not clear about what effective stack(s) mean. For example, when I am deciding whether or not to go all-in, you advise that if the bet/raise (whose?) is one-third of the effective stack(s) (whose?) then I might as well go All-In. I really don't understand this. Can you give some concrete examples?

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