\"Doing Business\" question
 

I was recently at a club for the first time and players were "doing business" when one player was all in and heads up. I had never heard of this before so I declined when I was offered. What are the pros and cons of doing business? Sometimes it would be 2 or 3 whole boards, or 2-3 turns or rivers. Any advice about this would be really appreciated, I'm pretty lost here.

Durs

Re: \"Doing Business\" question
 

It is simply a deal between players to reduce variance when all the money goes in on what turns out to be a close gamble.

Jeff

Re: \"Doing Business\" question
 

I believe another term for this is to "run it".

I actually heard of this for the first time last week. I had pocket kings and pushed all in on the flop. My opponent had a flush draw, he asked if i wanted to "run it".

1st run: he makes his flush
2nd run: I get a king on the river.
3rd run: i get another king on the river.

I won 2/3 of the pot. not bad considering i was all in and he would have won with his flush had i not agreed to "run it"

Re: \"Doing Business\" question
 

[ QUOTE ]
I believe another term for this is to "run it".

I actually heard of this for the first time last week. I had pocket kings and pushed all in on the flop. My opponent had a flush draw, he asked if i wanted to "run it".

1st run: he makes his flush
2nd run: I get a king on the river.
3rd run: i get another king on the river.

I won 2/3 of the pot. not bad considering i was all in and he would have won with his flush had i not agreed to "run it"

[/ QUOTE ]

Not to be nit-picky, but it's actually "run it twice" or "run it three times," etc, not just "running it."

Re: \"Doing Business\" question
 

[ QUOTE ]
[ QUOTE ]
I believe another term for this is to "run it".

I actually heard of this for the first time last week. I had pocket kings and pushed all in on the flop. My opponent had a flush draw, he asked if i wanted to "run it".

1st run: he makes his flush
2nd run: I get a king on the river.
3rd run: i get another king on the river.

I won 2/3 of the pot. not bad considering i was all in and he would have won with his flush had i not agreed to "run it"

[/ QUOTE ]

Not to be nit-picky, but it's actually "run it twice" or "run it three times," etc, not just "running it."

[/ QUOTE ]

Like I said in the post, it was the first time i heard it and I was asked if I wanted to "run it", I guess in the room I played at, it's a standard run 3 times.

Re: \"Doing Business\" question
 

I posted this a while back search it. Its just makes the long run longer. Its for people who are involved in a massive pot and dont want to loose. I run it 3 times. And im all for it. It lowers varience.....

Re: \"Doing Business\" question
 

I heard Barry Greenstein say somewhere that he never does it because he wants people to think that when they call all-in they are risking all their money.

Re: \"Doing Business\" question
 

Is there etiquette to it? Is it like chopping where if you are going to do it you should always do it regardless of the cards?

Durs

Re: \"Doing Business\" question
 

[ QUOTE ]
Is there etiquette to it? Is it like chopping where if you are going to do it you should always do it regardless of the cards?

Durs

[/ QUOTE ]

I don't think so. Doing business is very different than chopping the blinds. There is no need for consistency/etiquette and it is unlikely to happen to the same two players more than once in a session.

I don't think I have ever offered to do business and I have only accepted the offer a couple of times. It is to allow you (and your opponent) to reduce variance when that variance can have a significant effect on your (and/or your opponent's) stack/bankroll. It is very dependent on your cards and your opponents.

Re: \"Doing Business\" question
 

Will all rooms honor doing business, or are there some rooms which do not allow this?