CrisBrown
11-01-2003, 01:59 PM
Hi All,
This has probably been discussed to death before, so feel free to direct me to the appropriate thread if it has.
On two occasions, David uses the following example to illustrate Bayes' Theorem: The game is hold'em, you hold QQ, and an opponent raises. You know this opponent would not raise without AA, KK, or AK. How do you decide which he has? David says that the probability for AA is 0.45% (that's correct) with the same probability for KK, for a total probability of 0.9% that he has one or the other. So far so good.
David goes on to say that the probability of AK is 1.2%, so the odds are 4:3 that he has AK rather than either AA or KK. Ummmmmmmm......................
There are 12 possible ways to catch AA (one of four possible suits for the first Ace, one of three remaining suits for the second Ace), and 12 possible ways to catch KK. There are 16 possible ways to catch AK (one of four Aces, one of four Kings). Thus, there are 24 possible combinations he could hold for AA or KK, and only 16 possible combinations he could hold for AK.
Rather than 4:3 odds that he holds AK, it's 3:2 that he holds either AA or KK.
Am I wrong?
Cris
P.S. David's conclusion that you should fold is still correct. Two-thirds of the time you're a huge underdog, and the other third of the time you're only a marginal favorite. Easy decision. Muck the QQ.
This has probably been discussed to death before, so feel free to direct me to the appropriate thread if it has.
On two occasions, David uses the following example to illustrate Bayes' Theorem: The game is hold'em, you hold QQ, and an opponent raises. You know this opponent would not raise without AA, KK, or AK. How do you decide which he has? David says that the probability for AA is 0.45% (that's correct) with the same probability for KK, for a total probability of 0.9% that he has one or the other. So far so good.
David goes on to say that the probability of AK is 1.2%, so the odds are 4:3 that he has AK rather than either AA or KK. Ummmmmmmm......................
There are 12 possible ways to catch AA (one of four possible suits for the first Ace, one of three remaining suits for the second Ace), and 12 possible ways to catch KK. There are 16 possible ways to catch AK (one of four Aces, one of four Kings). Thus, there are 24 possible combinations he could hold for AA or KK, and only 16 possible combinations he could hold for AK.
Rather than 4:3 odds that he holds AK, it's 3:2 that he holds either AA or KK.
Am I wrong?
Cris
P.S. David's conclusion that you should fold is still correct. Two-thirds of the time you're a huge underdog, and the other third of the time you're only a marginal favorite. Easy decision. Muck the QQ.