Quote:
Originally Posted by ChocolateMoo
minimum of 14.5% equity when you need 12.5% direct odds to call
I know you and like you so recognize that I'm posting this for your benefit, otherwise I'd probably just roll my eyes and move on.
1. It's not a minimum of 14.5%. You've excluded the BB. He will have a wide range so it won't **** your equity disproportionately, but it will still dilute. You can probably also decapitate the coldcallers but I'm guessing you'll still end up below 14.5%.
2. 12.5% direct odds includes the BB and UTG calling and excludes rake. Your immediate odds are 8.5:1.5, on the assumption BB and UTG call you get 10.5:1.5. So yes, calling with 14.5% equity when you need 12.5% is a good case for calling but to get those numbers you've made the BB and UTG call and then BB fold.
3. But let's switch off the bots and switch on your brain for a second. For one thing, at the table, us non-cyborgs have to live with an estimate. Aside from the miracle flops, what does out hand look like on the flop? Are we happy flopping a J-high flop? Are we happy flopping a 5-high flop? One spade? Two spades? What position do we reasonably expect to be in? The truth is that our median hand is like a 5-outer, which is barely better than our starting point with teenage equity. Do you really think this is a case where our implied odds are positive?
4. Let's go back to the sims and play around. What are equi-equity hands to J5s? That is, if you're arguing J5s has way too much equity to fold, what else falls under this category? Does J2s make the cut? 72s? J5o? I don't have a sim available but I'm going to venture that by your metric, you're calling any two suited, any Broadway, any ace, and unsuited connectors. That hopefully should make you realize that the people who pipe up about hot and cold equity have a point, and that this is how we want the fish to play, not us.
5. I will also bet, from having run sims like this before, that hands like 65s/54s and probably even 75s/53s and 65o/54o have more equity than J5s. Ask yourself why is it that hands that are dominated by J5 do better than J5. Again, it underscores the badness of The Jack and The Five.
6. Assuming you play most of your hours at the Oaks, let me point out that the 2/3 blind structure does make quite a bit of difference. Instead of 6/48, you need 4/36, which gives you over a full percentage point of bonus equity. Assuming a revised sim shows like 14% equity, I could be convinced that it's enough of an edge (over 11%) that one could call profitably. But it's not enough of an edge over 12.5%.