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Overestimating Your Implied Odds Against Short Stacks in No-Limit Hold 'em Overestimating Your Implied Odds Against Short Stacks in No-Limit Hold 'em

12-15-2008 , 06:25 PM
Quote:
Conclusion
You cannot call with a pocket pair purely for set value against a player who is raising a similar range to the one I provided if you only 50BB stacks. The point of all these calculations is to give you a baseline to make your judgment calls from. Given the fact that you will often be facing wider ranges, you probably can start calling raises purely for set value once stack sizes are in the 60-70BB range3.
What should be the average stack size, if you want to call a preflop raise, with a pocket pair for set value, against 2 or more players ?

Or has anyone an idea, how to calculate the Average amount of win when you hit your hand, depending on the number of players ?

Quote:
Implied odds = (Average amount of win when you hit your hand)/ (price of the call)
Overestimating Your Implied Odds Against Short Stacks in No-Limit Hold 'em Quote
12-16-2008 , 12:14 AM
Quote:
Originally Posted by Santa
What should be the average stack size, if you want to call a preflop raise, with a pocket pair for set value, against 2 or more players ?

Or has anyone an idea, how to calculate the Average amount of win when you hit your hand, depending on the number of players ?
I think this excerpt from Hoke's first footnote begins to answer these questions:

Quote:
Poker is a game of estimating and you will often have to estimate where your value is coming from in order to figure out if a specific call is profitable.
IMO:

The article is obviously correct in it's overall theme and the presented math helps to illustrate a point, but the idea isn't that you can come up with a formula that tells you when to play a small PP.

This wasn't the first time I've seen the stack size argument presented and I still think it's much ado about nothing. It's clearly true that when the stacks are smaller in relation to the blinds they will also be smaller in relation to any bets or raises and any implied odds calculations should therefore be relative to the stack sizes of the participants.

But I don't make any decisions based on the stack sizes themselves -- I make a decision based on the implied odds, which are relative to them.

I also think it's often easier for a shorter stack to become pot committed, so implied odds actually approach "stack odds" as your opponent's chips begin to dwindle.

Finally, other callers in front of you is never a bad thing. Some of the money you need to justify your call is already in the pot and when you hit, you have a better chance of extracting a little value. Besides, unless you're in the blinds, you'll have a positional advantage.
Overestimating Your Implied Odds Against Short Stacks in No-Limit Hold 'em Quote

      
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