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"Given the price we're getting, we should call..." "Given the price we're getting, we should call..."
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10-05-2014 , 12:16 AM
#26
carranzapz
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centurion
Join Date: Mar 2012 Posts: 113
Quote:
Originally Posted by ArtySmokes
The way to solve this is to write down (or input into Equilab) every single combo you think villain would take this line with, and then work out how often you win. If your winning chance is better than the pot odds - which are 5.80:1:50, meaning you need to win 150/730 = 20.5% of the time - it's a call. If your equity is less than 20%, it's a fold.
This is embarrassing as hell but can someone explain the steps required to transform 5.80:1.50 to 20%
"Given the price we're getting, we should call..." Quote
10-05-2014 , 01:10 AM
#27
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meale
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Carpal \'Tunnel
Join Date: May 2013 Posts: 9,768
5.8/2 = 2.9:1 is our actual ratio here. Pretty much getting 3:1 so we need to win 30% of the time to breakeven.
"Given the price we're getting, we should call..." Quote
10-05-2014 , 03:13 AM
#28
Polsk33
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journeyman
Join Date: Nov 2013 Posts: 273
If were talking about being unexploitable, then its definitely a call IMO. But in practice i would say that its a fold since i can't imagine anyone bluffing us with this sizing and he just doesn't value bet worse here enough.
"Given the price we're getting, we should call..." Quote
10-05-2014 , 04:24 AM
#29
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ArtySmokes
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Carpal \'Tunnel
Join Date: Aug 2011 Posts: 6,999
Quote:
Originally Posted by carranzapz
This is embarrassing as hell but can someone explain the steps required to transform 5.80:1.50 to 20%
To convert a ratio of X:Y into a percentage, you use Y/(X+Y)

E.g. if the pot odds ratio is 3:1, then the percentage comes from 1/(1+3), which is 1/4 = 25%.
For pot odds of 3:2, it's 2/5 = 40%

With 5.8:1.5, the percentage is 1.5/(5.8+1.5) = 1.5/7.3 = 20.5%
"Given the price we're getting, we should call..." Quote
10-05-2014 , 04:42 AM
#30
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TensRUs
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I need a hug
Join Date: Jan 2011 Posts: 5,578
An easy way to remember it is 1:1 = 1/2 = 50%
"Given the price we're getting, we should call..." Quote
10-05-2014 , 11:15 AM
#31
carranzapz
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centurion
Join Date: Mar 2012 Posts: 113
Quote:
Originally Posted by ArtySmokes
To convert a ratio of X:Y into a percentage, you use Y/(X+Y)

E.g. if the pot odds ratio is 3:1, then the percentage comes from 1/(1+3), which is 1/4 = 25%.
For pot odds of 3:2, it's 2/5 = 40%

With 5.8:1.5, the percentage is 1.5/(5.8+1.5) = 1.5/7.3 = 20.5%

Thanks a lot man
"Given the price we're getting, we should call..." Quote
10-05-2014 , 11:42 PM
#32
carranzapz
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centurion
Join Date: Mar 2012 Posts: 113
Quote:
Originally Posted by TensRUs
An easy way to remember it is 1:1 = 1/2 = 50%
nice, thanks!
"Given the price we're getting, we should call..." Quote
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