Posted by Dr Fro 6:17 PM
A player at the Top Hat on Friday had top pair with an open ended straight on the flop. That's 8 outs to the straight and 2 outs to trips plus 3 outs to TOK. Thirteen outs with two streets is roughly equal to 26 outs. There are 5 known cards, so he has 26/47 or 26:21 to win. The flop was bet and he came over the top all in. The all-in bet pushed out a third player and got a call from the original bettor, which as expected had an overpair. Two more cards were no help an Hero went home.
As the door was closing, the winner piped in with "Why would you risk your entire stack on a draw?" There are two things that are very wrong with this statement.
1) The "drawing" player was actually the favorite in this situation
2) There is a huge difference between betting your stack and calling with your stack.
If you don't understand these two points, then you could be critical of this decision. But, I beleive strongly that the all in move was the right move.
Random thoughts from a lawyer, an accountant, a commodities trader, an ex-Marine and a WSOP Main Event money finisher that don't know as much as they wish they did...