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IRC Poker Quiz #3

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  1. #1
    spoonitnow's Avatar
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    Default IRC Poker Quiz #3

    Heads up NLHE, we see our opponent's cards and he doesn't know it. We shove the flop for exactly pot and he has us covered. Under what circumstances are we rooting for a call? For a fold?
  2. #2
    Guest
    when he has under 33% equity we're rooting for a call
    when he has over 33% equity we're rooting for a fold
  3. #3
    edit*

    nevermind
  4. #4
    Say there's $10 in the pot. so we shove 10 to win 20.

    Ignoring rake, if we have 33% equity, we have oEV when called. If we have 40% equity, we're +EV, but only slightly as we only expect to win $2 on average:
    .6(-10) + .4(20) = 2

    Compare that to the $10 we get when he folds, and it's clear we're hoping for a fold with even 40% equity.

    The breakeven point is done by solving the equation:

    (1-eq)-10 + eq(20) = 10, and we get 2/3 equity before we're actually hoping for a call over a fold.

    Take home message: When they fold it's risk-free monies & FE is nice.
  5. #5
    Quote Originally Posted by iopq
    when he has under 33% equity we're rooting for a call
    when he has over 33% equity we're rooting for a fold
    Not true, whilst in your terms it certainly may be +EV, it is not necessarily the largest positive expectation to have him call with, say, 40% equity.
  6. #6
    spoonitnow's Avatar
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    Quote Originally Posted by killerkebab
    Quote Originally Posted by iopq
    when he has under 33% equity we're rooting for a call
    when he has over 33% equity we're rooting for a fold
    Not true, whilst in your terms it certainly may be +EV, it is not necessarily the largest positive expectation to have him call with, say, 40% equity.
    Instead of just saying this, you should prove it.
  7. #7
    You bet $1 making pot $2. If your opponent folds we walk away with the 2 bucks. If we have 2/3 equity and he calls our hand is worth $2. Obviously if we have more than 2/3 equity we want a call otherwise we're rooting for a fold.
  8. #8
    Call: When we have it
    Fold: When we don't

    Ez game
    Congratulations, you've won your dick's weight in sweets! Decode the message in the above post to find out how to claim your tic-tac
  9. #9
    Stacks's Avatar
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    Im opedipus bitch, the original balla.
    Quote Originally Posted by Lucothefish
    Call: When we have it
    Fold: When we don't

    Ez game
    And it's 50/50 on whether we have it or not.
  10. #10
    a500lbgorilla's Avatar
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    himself fucker.
    Quote Originally Posted by XxStacksxX
    Quote Originally Posted by Lucothefish
    Call: When we have it
    Fold: When we don't

    Ez game
    And it's 50/50 on whether we have it or not.
    {Forum Locked} Give yourselves a round of applause. You guys did it. Pretty amazing that you figured the game out.
    <a href=http://i.imgur.com/kWiMIMW.png target=_blank>http://i.imgur.com/kWiMIMW.png</a>
  11. #11
    spoonitnow's Avatar
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    iopq's answer was correct, but I'm going to prove a more general case with some algebra.

    Suppose we go all-in for s into a pot of 1 with x equity against 1 opponent who has us covered. Our EV when our opponent folds is 1, and our EV when our opponent calls is:



    So when would we be rooting for a call? When the EV of a call is greater than the EV of a fold, or:



    We can play with this equation a bit by isolating our opponent's equity (1-x):

    [MATH OH NOES]

    [/MATH OH NOES]

    When we bet all-in for s into 1, our opponent is calling s in a pot of s+1, so the equity he needs to break even is s/(2s+1). Since 1-x is our opponent's equity, we have shown that we are rooting for a call when our opponent's equity is less than s/(2s+1).
  12. #12
    Guest
    he needs 33% to have the pot odds to call
    when he has 40% he's getting the correct odds to call so we'd rather have him fold
  13. #13
    Quote Originally Posted by iopq
    he needs 33% to have the pot odds to call
    when he has 40% he's getting the correct odds to call so we'd rather have him fold
    Yeah sorry about that, I read what you wrote wrong and on top of that said something that wasn't right

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