Quote Originally Posted by spoonitnow View Post

Putting 2 And 2 Together

Our odds of hitting are 4.9:1 against, and our pot odds are 2.5:1. Since our pot odds are lower than our odds against hitting, we are going to be losing money if we don't get more bets from our opponent the times we hit. To illustrate this, realize that for every 1 time we hit our draw on the turn, there are going to be 4.9 times that we miss our draw. When we hit our draw, we are winning the 2.5 units (40bb) in the pot, and when we miss our draw we are losing 1 unit (16bb) that we called. For every 1 time we win 2.5 units, there are 4.9 times that we lose 1 unit. Clearly this is a losing proposition if we don't make more money the times we hit.
1) So if we think we cannot extract anymore value from villain, we just fold? What if we have good odds, but don't think we can extract more value? Just play on and bet again, then win the pot as it stands, right?

2) Is knowing you can extract more value from Villain based solely upon our reads on him?

3) What about if we don't hit, but the turn card is one that offers a nice bluffing opportunity? How do we alter our approach then, still taking into consideration the poor odds?

4) Is converting odds to EV a simple matter of "If you aint got good odds, then it's -EV"? Seems a bit obvious, but my mind just has specific questions that it needs answering to clarify it to myself.

Thanks