How to beat the gambler?

[2_Thumbs_Up]

Thanks for the advice.

A few more questions, if anyone cares to comment.

So, in the situation where you flop the board nuts, but there is a chance someone could improve to a better hand (last night it happened twice again - nuts straight and top set cracked by flushes), is it smarter to make a smaller sized bet, say 5xBB, and get out cheap if the flush or straight card hits, and then lay the hammer down if the turn is an apparent blank, since it seems that the gambolers at the clubs I go to are willing to pay any amount after the flop (i.e., my all ins really aren't scaring them), but might not be so ready to go to the felt if there is only one card to come?

First of all, post the hands and you will get much better advice. Second, don't give your opponents a chance to fold. If they are calling your all-ins with draws, let them and be happy about it.

With regards to the odds of someone pulling off a miracle, I don't disagree with the stated odds in the post above, as they are based on the assumption that the outs still exist in the deck (i.e., have not been mucked, burned, or are currently being held by another player). I am wondering if there are any statistical analysis including the likelihood that at least some of the outs are no longer available (which, to my mind, should decrease the odds of pulling the miracle off to some extent).

I've seen this thinking a few times but it's flawed. Yes, in the cases where an out gets burned the likelihood that the draw hits decreases. But everytime another card gets burned the likelihood increases. You can't just think of one case and disregard the other. Burning a card doesn't give you any info about it, and therefore it doesn't affect the odds.

Also, how many buyins will you typically blow through before you call it a day?

Thanks again,

M-

This shouldn't matter as long as you're playing well. If you think losing one buy-in will affect your play, quit or take a break. If you think losing 10 buy-ins won't affect it, stay as long as the game is good.