Re: Why Two Dimes Data Is Wrong (Continued...)
I mean that in ‘the holdem way of thinking’, when you win the pot, you win the whole pot. Essentially, you scoop everytime that you win. But in O8 you don’t.
And it has everything to do with twodimes, because depending on how many bets are still to be put in the pot and how many opponent you have scooping is often worth more than twice splitting and can sometimes be worth as much as 7x more in profit (and that has nothing to do with driving the betting, but instead is due to the fact that every bet you put in will at best return half of it to you).
My point is that how you think about pot odds needs to be very different in O8 than in holdem. In holdem you always get the bets you put in back so its straightforward. Not so in split pot, as half the bet you put in goes to the other guy.
Let's take a simple example. You're the button in a pretty tight game. The cutoff seat immediately to your right bets and you call. The small blind calls and the big blind folds. So there are 7 small bets in the pot. On the flop, the cutoff bets, you call, and SB folds, so there are 9 small bets in the pot. On the turn those 9 small bets equal 4.5 big bets, and cutoff bets and you call so there are 6.5 big bets in the pot. On the river, cutoff bets and you call so there are now 8.5 big bets in the pot. So if you scoop, you win 8.5 big bets, and if you get half, you win 4.25 bets.. Now of those 8.5 big bets in the pot, you put in 2 small bets preflop, 1 small bet on the flop, 1 big bet on the turn and 1 more on the river. That's a total of 3.5 big bets.
So, let's recap:
If you scoop, you win 8.5 big bets, minus the 3.5 big bets you put in yourself, for a profit of 5.0 big bets.
If you split, you win 4.25 big bets, minus the 3.5 big bets you put in yourself, for a profit of 0.75 big bets.
That is a HUGE difference! In that example, scooping is 6 to 7 times more profitable than splitting the pot!!!
If this was holdem, you would be putting in 3.5 big bets for the chance to win 5.0 big bets. But if this is O8 and your opponent was freerolling you, then you’re putting in 3.5 big bets for the chance to win 0.75 bets. Even tho in both of these scenario’s your twodimes equity could be 25%.
-g
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