Posted by Dr Fro 11:07 PM
The streak is ended. I played at the Top Hat and won $140 at the 2-5 PL game. I initially bought $200.

At one point I was offered insurance when I had all-in with two-pair on the turn and he had 9 outs to beat me. I declined and lost and had to reload. I guess I am not used to being offered insurance, but I did the math after I got home and it still doesnt quite add up. I figured that either it is a fair bet or it is bad for me, so to be safe I declined. If someone could walk me through the math, I would appreciate it. The offered me 2.75 to 1, but I calculate that with him having 9 outs, I should get much more (3.9 to 1)?!?!?!?!

It is funny how poker works because if I had taken the insurance, I would have pulled $110, he would pull $40 and then he would have won the remaining app $150 in the pot. So I would have had $110. But I lost and reloaded for $260 more, and tripled up all-in on the next pot to have $780 in chips to sit at a $320 profit. Had I only the $110, I would have had $330 for $130 in profit. So I was literally richer for having lost a pot. Hmmmmm.

Insurance, anyone?

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