Live 6/12 game with a motley assortment of characters. Reads aren't very important here.

3 limpers and I complete the SB with K Q. This is sometimes a raise for me (AQo certainly is) but whatever. BB checks.

5 players, 4 small bets

A Q 3

I check, BB checks, MP checks, MP2 bets, Button calls, I calls, bb calls (he telegraphed this), MP folds.

4 players, 4 big bets

A Q 3 T

I check, BB checks, MP2 bets, button calls, BB telegraphs a call, I fold....

Getting 7:1 closing the action (with the telegraph which I assure you was accurate) I fold. How many outs do you think I had? What number would you come up with if you played this hand? Assume the probability that someone has an ace is 100%

Ok.

3 Kings Left, 2 Queens and 4 Jacks = 9 outs

You have the K of diamonds, but a K gives a straight to any J. So I'll count that as 1 out.

2 queens left, these count as full outs.

4 Jacks. 1 is a diamond, and its possible for a spilt pot, so I give it 2.5 outs

5.5 outs. 11.7% to win? Your getting 7-1 which is 14.2% to win.

Its a fold.

Three kings = 1.5 discounted for the possibility that two pair is no good, and that a king makes a one card straight with a jack.

two Queens = 1.5 discounted for the possibility of a flush.

four Jacks = 2 discounted for the jack of diamonds which makes a flush possible, and the possibility that you will be chopping your one card straight.

That makes about 5. If that is accurate, and you make that might make this a close call, depending on how the river goes down.

if the pot was larger in a similar situation i leverage my relative position and c/r the flop or turn. calling is okay here given that the pot is small. on the turn, i would probably call. there's still a chance our hand is best(plenty of players bet flush draws the entire way), we are getting a decent price to draw(7-1ish) and we are basically closing the action since BB is only telegraphing a call(so no threat of a raise). in addition, we will likely pick up one or 2 more big bets on the river if we improve plus the times the river gets checked through when it blanks off(and we held the best hand).

so i'd call with about 5(2 queens+2 gutter outs+1 pair out) outs getting 7-1 + implied odds.

There is almost no chance our hand is good here....like maybe 2 or 3 percent of the time is being generous. That's an ACE on the flop. An Ace is golden in this game...most players don't even look at their second card when their first one is an ace. I've seen players in this game cold call, not just play, with any ace.

That aside at the time I decided it was almost exactly a break even call but that the implied odds were not very good (sometimes I'm going to hit and lose 2 more bets) so I dropped it. This is very rare for me and felt dirty.

oh, an ACE on the flop. what was i thinking?

still a call. after all, we are good here 2-3%...you said it yourself!

I still say this is a fold (See my post above)

Are the implied odds really that great in this hand? Any card he can hit to win him this pot means either that:

1. People missed their draws.
2. Its a scare card to anyone else with a hand.

James is right that 2 or 3 percent might be enough to flip this to a call. Turns out all 3 of my opponents had aces, but whatever....The rest of my outs were live!

Hey Kevin, I think its close, you have three opponents, and to make it worthwhile, you have to be able to capture about 1.5 bets on the river if you catch. That means that noone even has to call a raise to make it a breakeven proposition. I don't think that either a fold, or a call here is much of a mistake.

Remember that you have to average in the times you hit and still lose or chop. If you bet/call and lose when you spike a K or only get half the pot when you spike a Jack, these have to go into that average. I don't really think the implied odds here are very positive.