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Old 08-02-2005, 05:34 PM
7stud 7stud is offline
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Join Date: Jul 2003
Posts: 143
Default Re: No substitute for luck sometimes...

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Yes, I was say 20%+ equity, but was pitting him against 2 pairs rather than 1.

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Ahh, I see. Thanks again for an explanation.

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I think your 'necessary' outs vs the immediate pot odds is the best information you have at the time you are deciding to bet;

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If you look at the necessary outs for the next card only, then the immediate pot odds are relevent. But, as far as I can tell, in seven card stud there are no "outs" that early in a hand. And, it doesn't make mathematical sense to compare the immediate pot odds to the odds you'll win with 4 cards to come. The actual odds you receive from the pot will almost always be lower--a lot lower. As a result, you'll be fooled into calling with weak hands, and you'll end up not getting paid enough when you win to cover all your losses when you lose.

Here's an example:
There's $99 in the pot on 3rd street. It's $1 to call. So, the pot is offering 99:1 odds. There aren't many hands that have less than a 1% chance of winning, so it's an easy call right?

Well, what if the fixed betting limit for the rest of the rounds is $1 million, and you are up against a single opponent? Are you ever going to get paid 99:1 odds on your hand? If there is any more betting, you will only get very close to 1:1 for winning the hand.

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however, if you really want to call anyway you can use your powers of rationalization and knowledge of implied odds, effective odds (etc) not to mention your feelings that you are about to HIT to go ahead and make the call/raise.

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lol. It seems like a lot of that goes on in these hand analyses.

Thanks again. [img]/images/graemlins/smile.gif[/img]
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