
Originally Posted by
Random_Hero

Originally Posted by
Sheetah
Or odds taking
FE (folding
equity) into consideration:
Say you called
PFR with 78s and flopped nut
straight draw.
Pot:9BB
Villain cbets 9BB ...
pot:18BB, you have, say 80BB
behind,
VILLAIN covers
What will happen if you
shove (All in) right here on
flop? You already know that for two more cards to come you'll make your str8 about 32% of the time (4 x 8
outs) or your odds are roughly about 1-to-2. If
VILLAIN calls that'll be taking shot at 98BB pot with 80BB bet or about 1-to-1.2 , obviously not good. But what if
VILLAIN will
call 70% of the time and
fold 30% (after all, hardly you will ever see situation that's 100% certain). Now there's some math to do:
1) 30%: you
shove, he folds, you win = 18BB
2)70%: you
shove, he calls:
- 32%(of 70%) you make str8 = 178BB
- 68%(of 70%) you lose = -80BB
Summary:
0.3*18BB + 0.7*0.32*178BB - 0.7*0.68*80BB = 7.19BB
So with 30%
FE you are actually making EV+ play gaining on average 7BB+. The more likely he is to
fold, the more you gain.
Just wondering. Are people
able to calculate this whilst playing? Im sh*t at maths and have never been
able to get my head around equations like this!!
Are these sums really
that relevant whilst playing?
If so is there a way to learn these easily (for the mathematically challenegd) or does it just come from experience, as big spenda states?
cheers.
what you'd try to do is work out your expectation if you're called. If it's "
close" to what you'd get by folding (which is zero) and there's a chance they'll
fold then stick it all in.
In any
case, the example is flawed. You need heaps more
fold equity with such a weak
draw and a small pot. The mistake made is that winning does not win you 178BBs, it wins you 169BBs less what you put into the pot to win it. In other words, you get +89BBs.
So assuming 30% folds, your
equity is still -12 BBs or so
Here's how I make my decision in the "heat of the moment"
1. What's my odds to win by
showdown? About one third (8x4 = 32%). What's my odds to hit on the
turn? About one sixth (8x2 = 16%) Do I have odds to
call pot size (get 2:1 odds). No. I need 6:1 odds.
2. Is my
draw to the
nuts? If it is, can I get
implied odds? How much
implied odds to I need to
call? I'd have to expect to win 54BBs by calling. So I'd have to swell the pot to about 110BBs. By then,
villain would be pot committed. So, what must be the likelihood of him going all in when I hit my
turn straight to make it profitable to
call? If he goes all in against my
straight and my
straight holds I gain 89BBs. So, 54/89 = about 0.6
3. So can I
call on
implied odds? Only if I think he's at least 50-50 likely to get stacked if I
call and hit my
straight (I say 50-50 because you might win something the times he doesn't
stack and you might be
able to take the pot away from him)
3a. I can't really do 2 and 3 when playing. So I think, "how far away am I from getting direct odds (part 1) to
call?" If I'
m close (say I'
m getting 3:1 for a half pot bet) then the
implied odds are probably there. I also look at the size of the stacks in relation to the size of the bet and just give it my best judgment. As a rule, if the relevant
stack size * likelihood of
draw hitting is double the amount needed to
call, then I can
call.
4. Do I have odds to
push, based on
fold equity? No, been through that. If you
don't have odds to
call on
implied odds, you usually
don't have odds to
push.
So, having gone through 1, 3a and 4 - which is possible because
pot odds should be automatic to you and 3a and 4 is just "am I
close to being offered the right direct odds" that's all the math done. The math indicates I should not
call or go all in. Should I make a smaller
raise?
Well, to "math" that out is very difficult and you have to make lots of assumptions, so here you really have to use your gut. Math won't really help you there.
As for relevance... if you can't figure out your odds fast, look at the relevant
stack sizes and evaluate what your
implied odds if calling or pot
equity if raising all in... (at least at a ball-park
level), you really are in big trouble. The two most important sources of odds are
flop odds if drawing one and two cards, and pre-
flop all-in equity for your hand against common ranges (say
TT+, AQ+ and 77+, AJ+ KQ+). That's all the essential math.
In the end, everything needs to be justified by math because the objective of poker is to make decision that maximize your expected utility based on a probability tree. But there are enough common generalized situations that you can rely on other people doing the math for you and you just remember it and apply it to those situations, that being a math retard is not fatal to your poker career