I was referring to OP, who said
Quote:
While it has been independently discovered many times over that "big bet" stud (PL or NL) doesn't work well, and that fixed-limit is a structure that begs for the underdog to suck out hand after hand after hand (and for the underdog to actually not be making a significant mistake to do so)
I'd actually like to make one comment about this, because I think there's a really common mistake being made.
If you have the best hand and your opponent has a certain chance to beat that hand, and you can't bet enough to make it a mistake for him to fold, then it is NOT a mistake for him to call, right? OK, sure. But the misconception is...
You still make money by betting
You just don't make as much as if he folded.
Let's say there is $60 in the pot. You're playing 5/10. It's 6th street and your opponent has a 25% chance to beat you. He's a 3:1 dog but he's getting 7:1 from the pot, so, easy call.
75% of the time, you, the better, make an additional $10
25% of the time, you lose that $10
You gain $5 by betting. You'd gain 25% of $60 which is $15 if he folded - so yeah, it would be great if you could get him to fold but it's not as if you can't make a profit because he's priced to call.
Even if you call him 100% of the time when he improves, then
75% of the time, you make $10
25% of the time, you lose $20
So this is worth $7.5 - $5 = $2.5 which is still a healthy profit.
Just wanted to throw that out there. Note that if you could give him incorrect odds and he called anyway, not only do you make more money, but he profits less than if he folded.