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It's Good to Not Make A Mistake When You Run Pokerstove

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  1. #1

    Default It's Good to Not Make A Mistake When You Run Pokerstove

    Villain is 30 something V$IP, and is very, very passive. Given this info, his range here is the nuts.

    PokerStars No-Limit Hold'em, $0.05 BB (9 handed) - Poker-Stars Converter Tool from FlopTurnRiver.com

    Hero (BB) ($5.07)
    UTG ($9.28)
    UTG+1 ($5.10)
    MP1 ($3.70)
    MP2 ($3.80)
    MP3 ($7.49)
    CO ($4.40)
    Button ($1.19)
    SB ($5.02)

    Preflop: Hero is BB with 8, Q
    2 folds, MP1 calls $0.05, MP2 calls $0.05, MP3 calls $0.05, 3 folds, Hero checks

    Flop: ($0.22) 10, 9, 7 (4 players)
    Hero bets $0.15, MP1 raises to $3.65 (All-In), 2 folds, Hero calls $3.50

    lol, I accidently put J9 into his range so I thought I was ahead instead of J8. My bad .

    Lesson: Don't f-up your ranges you put in pokerstove when you're doing it for a call your wondering about.
  2. #2
    Ragnar4's Avatar
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    hooray high variance.


    I have a very hard time believing that Villan has J8 only. TTT and 999 and 777 are all par for this line with someone with a vpip of 30 and is extremely passive.
    The Dunning–Kruger effect is a cognitive bias in which unskilled individuals suffer from illusory superiority, mistakenly rating their ability much higher than average. This bias is attributed to a metacognitive inability of the unskilled to recognize their mistakes
  3. #3
    Quote Originally Posted by Ragnar4
    hooray high variance.


    I have a very hard time believing that Villan has J8 only. TTT and 999 and 777 are all par for this line with someone with a vpip of 30 and is extremely passive.
    ehhh that's true..I was like 100% positive though he's only shoving a straight. I saw him c/c top/top on 3 streets.

    high variance shouldn't be a worry though. And if we stack him and he get's all pissed and rebuys thats some serious EV. So what's basically a coinflip can have some potential effect on how profitable to game will be. Plus I look like a gambler making this call, so all the more action for me.
  4. #4
    FWIW we're 57% against J9, and we're about 50ish if we add in the sets.
    However, I think we can weight the range more heavily on J9 so that our equity is higher than what it would be if we were to assign an equal weight to each hand in the range. Add the in the other factors I talked about in the previous thread and I make a call here.
  5. #5
    Ragnar4's Avatar
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    wait, you're back down to 5nl? What happened? Your shot miss?
    The Dunning–Kruger effect is a cognitive bias in which unskilled individuals suffer from illusory superiority, mistakenly rating their ability much higher than average. This bias is attributed to a metacognitive inability of the unskilled to recognize their mistakes
  6. #6
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    Am I missing something? If he has for example Jc8h, then his equity in the pot is 57.12 percent? You only have about 11 outs if he has the nut straight?
  7. #7
    Text results appended to pokerstove.txt

    8,910 games 0.005 secs 1,782,000 games/sec

    Board: Tc 9c 7s
    Dead:

    equity win tie pots won pots tied
    Hand 0: 42.980% 42.63% 00.35% 3798 31.50 { Qc8c }
    Hand 1: 57.020% 56.67% 00.35% 5049 31.50 { J8o }

    Text results appended to pokerstove.txt

    17,820 games 0.005 secs 3,564,000 games/sec

    Board: Tc 9c 7s
    Dead:

    equity win tie pots won pots tied
    Hand 0: 41.857% 41.45% 00.40% 7387 72.00 { Qc8c }
    Hand 1: 58.143% 57.74% 00.40% 10289 72.00 { TT-99, 77, J8o }

    And your pot odds were?
  8. #8
    Sorry I acc. triple clicked post...
  9. #9
    Hold on a sec..
  10. #10
    Woah wtf...when I plugged into Pstove the first time it came out 50/50...?!?! I swear

    My pokerstove made a mistake? I know I didn't because i triple checked before I posted.

    Fuck..you know what i did...I acc. typed in J9

    so when I acc. typed in the wrong range when I opened up P-stove while I was at the table it caused me to make a bad call..
    Lesson: Get the f'in cards right.
  11. #11
    Text results appended to pokerstove.txt

    8,910 games 0.005 secs 1,782,000 games/sec

    Board: Tc 9c 7s
    Dead:

    equity win tie pots won pots tied
    Hand 0: 57.441% 57.44% 00.00% 5118 0.00 { Qc8c }
    Hand 1: 42.559% 42.56% 00.00% 3792 0.00 { J9o }

    I think this may have been your mistake (you made it in earlier post as well).
  12. #12
    Ragnar4's Avatar
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    a call is still like ridicously close here though.. right?
    The Dunning–Kruger effect is a cognitive bias in which unskilled individuals suffer from illusory superiority, mistakenly rating their ability much higher than average. This bias is attributed to a metacognitive inability of the unskilled to recognize their mistakes
  13. #13
    Yup, I copied my mistake. Oh well, I've been up for about 13 hours now, wrote an exam this morning, and studied/played poker all day.
    I think I need to take a break.
  14. #14
    Quote Originally Posted by Ragnar4
    a call is still like ridicously close here though.. right?
    In a raised pot maybe, but there's only like 7 or 8 bb's in the pot and he's shoving.
  15. #15
    Ragnar4's Avatar
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    Hero has to call 3.50 to win 4.02. call 7 to win 8
    Hero's odds here are 40/60 Call 4 to win 6

    Common demominator? 24, 8x3 = 24

    Therefore
    21 to win 24 (Money)
    odds are
    16 to win 24 (Odds)

    your spending more than you have the odds of winning so yeah.. it's a fold.
    The Dunning–Kruger effect is a cognitive bias in which unskilled individuals suffer from illusory superiority, mistakenly rating their ability much higher than average. This bias is attributed to a metacognitive inability of the unskilled to recognize their mistakes
  16. #16
    This thread just tilts me.

    Ragnar I think your math is a bit off but I'm not going to bother trying to correct it right now because I'm probably wrong about that since I'm crosseyed or something today.
  17. #17
    The Equity difference between him having a set and a flopped straight is minimal. If we put him on a nut range our equity is around 40%. Without doing the calculations this is an easy fold assuming our E estimate is correct.

    Pot: 4.02 USD
    Call: 3.5 USD

    Win: 4.02*0.4= 1.608 USD
    Lose: 3.5*0.6= 2.1 USD
    Profit per decision: -0.49 USD

    This decision cost you around 10 bb assuming your range is correct.

    But in the heat of the moment no one will blame you for making the call. I would have called because I do not have HUD and can not assign such a narrow range.

    Interesting spot which highlights the importance of marginal decisions.
    A foolish man learns nothing from his mistakes.
    A smart man learns only from his own mistakes.
    A wise man learns from his own mistakes, and those of the smart man and the fool.
  18. #18
    lolzzz_321's Avatar
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  19. #19
    "The ratio has two numbers: the Size of the Pot, and the Cost of the Call. To get the percentage value, we add the Size of the Pot and the Cost of the Call numbers together and record their Sum. We then divide the Cost of the Call by the Sum."

    Well pot odds is just a simple deduction of knowledge which is ready available. Estimating E is where skill comes in.

    In this example our pot odds (ratio) converted to numbers is:

    3.5 / (4.02+3.5)
    = 0.465

    In other words, we need around 46.5% E to break even

    Because all the information needed to calculate pot odds is ready available, my focus is more on estimating E and FE which is not easily deducted from the information we have. Calculating pot odds is only the first step in increasing our edge versus opponents.

    EDIT: I forgot to include the SB
    A foolish man learns nothing from his mistakes.
    A smart man learns only from his own mistakes.
    A wise man learns from his own mistakes, and those of the smart man and the fool.
  20. #20
    Not that anyone asked, but just to be thorough :

    The pot is $4.02 and hero is facing a bet of $3.50. The pot odds in terms of probability are 46.54% ($3.50/($4.02+$3.50)) meaning you'd have to win almost half the time for calling to be profitable. Think of it this way. Say there was no pot and someone shoved a dollar in the pot. You'd need exactly 50% odds to break even. So, if someone makes a huge over bet of a small pot, the pot odds are going to be very close to 50%. Pot odds in terms of probability can never be higher than 50% and only 50% if it's a dry pot. That is why you always hear odds described as a number higher than 1 to 1 like 2 to 1 or 3 to 1. You can never get 1 to 2 on your money.

    As for how I got the $4.02 and $3.50 figures. The final pre-flop pot was $0.22 and villain's stack @ the moment was $3.65 (his initial stack minus the blind). Hero bets $0.15 to make the pot $0.37. Villain re-raises the rest of his stack all-in, which is $3.65, making the pot $3.65 + $0.37 = $4.02. Since hero led out for $0.15, he only has to call $3.50 ($3.65 minus $0.15) to continue. As for the actual odds, he's getting $4.02 to $3.50 which comes out to about 1.15 to 1.

    It can sometimes get confusing because I like to think in terms of probability, but often people refer to odds. I think people refer to odds more because it's easier to say, but more difficult to convert to probability percentage unless you have a few memorized. Odds is a ratio. Probability is a percentage. 2 to 1 odds means out of 3 outcomes (2 plus 1), you will win once. Converting that same odds to probability percent breaks down to 1/3 or 33.33%. It can be more confusing than most people think, which is why I think more than 90% of the people who mention pot odds @ home games really have no idea what they're saying much less any idea how to properly apply it
    - Jason

  21. #21
    I agree Jason.

    People who talk about pot odds usually do not know what they talk about. I played this guy who called three pot sized bets with two overs and said he pot odds to call...

    My calculation was really rough- and I typed it out at 4.am. I will edit my calculation.
    A foolish man learns nothing from his mistakes.
    A smart man learns only from his own mistakes.
    A wise man learns from his own mistakes, and those of the smart man and the fool.

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