Re: Long shots with odds
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As far as taking 13:1 shot if the pot is offering you 14:1 odds, I'd do it if I was playing on a virtually unlimited bankroll since I'm going to miss 12 times and lose my money, make it once and win back only about 7% on top of that. Is it +EV?... uh, yes... is it worth it? No.
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That sounds like a rationalization. Don't look for excuses to fold in a large pot.
By the Kelly Criterion, you should be willing to wager up to 1/43 of your bankroll on such a bet. This is a safer bet than playing a hand of poker from the start. If you are willing to do that, but not call here, your preferences are inconsistent.
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