Re: Long shots with odds
This play just can't be right in a limit situation. In big bet, it might be right to preserve your stack (if you can't pull more money out of your pocket for some reason). E.g., if i'm playing a PS NL game with 300 BBs, and a terrible player also has 300 BBs, I won't risk a lot on a long-shot with a small overlay, because I hope to get that money in later against the moron. In a limit game, it's always wrong. It's going to increase your variance and number of losing sessions, but it's just plain wrong to fold (barring reverse implied odds or something similar). Ciaffone is a smart player, but this obviously isn't his strong suit. There are only a certain number of variables here, and none of them justify Ciaffone's assertion. He's just wrong.
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