Posted by Dr Fro 10:06 AM
We played poker in Orlando last week. I got killed. Full House Rob won >$1,300 in a $0.50-$1.00 NLHE game. I'd say 1,300 BBs is a good day at the office.
We played again on Sunday for the league night. Here is the last hand of the night:
Levi and Jeff post blinds of .50 and .50 Straddle 1 Re straddle 2 Re re straddle 4 Fold I call 4 Levi calls 4 Jeff goes all in 30.50 All folds to the re re straddle (Matt)who calls 26.50. He has 40.00 more in his stack. It costs me 26.5 to call.
I think about it for a while and then decide that it is the last hand of the night and thus Jeff is probably on a total steal or is basically semi-bluffing with a low pair. I can't fathom that he'd play Ace-big this way. Then I decide that the first caller, Matt, is playing something like 88. (I'd probably call with a hand like 88.) I would probably fold most hands in Matt's spot with Ax. However, I am willing to call in my spot with my Ax because I am now getting pot odds due to Matt's call.
I call, hoping that I am right that neither player has an Ace.
Levi calls for the 26.6 and now has another 17.00 in his stack.
Pot is now 125.00.
Flop comes AQQ. Check, I go all-in, get a call from Levi of 17.00 and Matt folds. Side pot is 34.00.
Turn and river were of no consequence. My A2 beats Levi's T8 for the side pot and beats Jeff's 22 for the main pot. Matt folded 44.
Here is what is interesting:
When Matt called 26.50, he was getting 2.2:1, but he was almost a 4:1 favorite to Jeff. A good call.
When I called 26.5, I was getting 3.5:1. The odds to win were: 26.81% (me), 62.85% (Matt) and 9.26% (Jeff). This doesn't add up to 100% due to ties. Thus, I needed 2.7:1 pot odds to call. Getting 3.5:1, I made a good call.
When Levi called 26.5, he was getting 4.8:1. Nice pot odds. And what were his chances of winning with a measly T8? He was a 37% chance (don't believe me, see attachment) of winning, so he needed about 1.7:1 to win. Getting 4.8:1, his call was a massively brave but massively proper.
I can't think of many hands I have seen where each and every caller was actually correct in calling. Further, the guy who made the fishiest call actually made the most profitable call (in terms of EV, not in terms of how the hand actually played out). In a multiway like that, at least one guy is usually dominated and making the wrong call. Very interesting how this played out.
Note that I didn't consider suits (as I could not recall them) in the above calculation, but they would not have changed the basic (interesting) fact that each of us donkeys (probably on accident) actually made good decisions.
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...