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08-19-2010 , 10:19 AM
I have tried google, but the answers was too hard to understand. Maybe 2+2 can help me here, and try to explain why that kinda odds is important for the game??
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08-19-2010 , 10:25 AM
What do you mean by "what kind of odds are important for the game"?

The term "reverse implied odds" exists, and is used by poker players, because at least some poker players found that it's important at least some of the time.

Do you at least know what "odds" are? It's hard to help someone without knowing where they're at.
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08-19-2010 , 10:39 AM
You're getting implied odds anytime you put money in the pot and expect to get a very healthy return on it when you make your hand, even if the immediate odds you're getting don't justify a call.

Example: you flop a flush draw against a loose aggro guy who is going to stack off even when your flush card comes on the turn or river. Even though his flop bet means, strictly speaking, you should fold, you know what kind of player he is, so call, knowing that the future action you get when you hit will more than justify it.

reverse implied odds (RIO) describes the opposite kind of situation, where you may or may not be ahead on the flop, against a pretty tight villain, so you should be aware that if there's significant betting on future streets you're almost certainly getting the worst of it.

Typical kind of spot: you flop top pair, with a kicker that's nothing to write home about.

Against this particular villain, what hands that you beat is he going to give you significant action with? Answer: very few, if any.

Other guys round here will be able to give you further (and no doubt better) examples.

Good Luck.
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08-19-2010 , 01:15 PM
Quote:
Originally Posted by halftilt
What do you mean by "what kind of odds are important for the game"?

The term "reverse implied odds" exists, and is used by poker players, because at least some poker players found that it's important at least some of the time.

Do you at least know what "odds" are? It's hard to help someone without knowing where they're at.

- I've been playing poker for more than 3 years, online as well as at the real-live tables cash games. Thus, I obviously know all the basic stuff such as pot-odds, implied odds etc.

I read a article a few days ago, and I met the word "reverse implied odds" and figured, that i don't know what the phrase actually means. That's why im asking 2+2...
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08-19-2010 , 01:44 PM
To expand on DiamondDog's description:

It also has to do with drawing.

Like people might c/c with AK on a JTx board cause they have two overs and a gutter. But, a lot of hands that hit the JTX board improve with an A or K. So, although you have a reaonsable amount of outs, some of them have potential to lose more than they make on future streets when you hit.

Another example is calling raises oop with hands like KTo, or A4o or something like that. With a hand like A4o you are hoping to flop an A, and hoping to get bet into once, and hoping it checks down from there. This isn't a very profitable approach. If you are playing big pot with it, then you are just guessing as to your villains bluffing frequency and stand to lose a lot more with the hand then you'll ever win.
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08-19-2010 , 02:43 PM
Quote:
Originally Posted by DevinLake
To expand on DiamondDog's description:

It also has to do with drawing.

Like people might c/c with AK on a JTx board cause they have two overs and a gutter. But, a lot of hands that hit the JTX board improve with an A or K. So, although you have a reaonsable amount of outs, some of them have potential to lose more than they make on future streets when you hit.

Another example is calling raises oop with hands like KTo, or A4o or something like that. With a hand like A4o you are hoping to flop an A, and hoping to get bet into once, and hoping it checks down from there. This isn't a very profitable approach. If you are playing big pot with it, then you are just guessing as to your villains bluffing frequency and stand to lose a lot more with the hand then you'll ever win.
Yeah, these are much better examples.

The situation I described is more a case of simple domination. But spots like these, where you can so often be drawing to the second best hand, are a better illustration of RIO.
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08-19-2010 , 04:53 PM
Easier description: Getting your money in behind. It's really that simple.
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08-19-2010 , 06:12 PM
Quote:
Originally Posted by javi
Easier description: Getting your money in behind. It's really that simple.
that's is a simple explanation. But completely wrong.
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08-19-2010 , 10:13 PM
Grunch.

I think some of the spots that my brain screams "RIO!!" is when I'm drawing to the bad end of a straight or a weak flush, or when a 3-to-a-straight/3-to-a-flush becomes a 4-to-a-straight/4-to-a-flush.

Example 1) 67 on a 589 board. Looks good so far. Turn comes a 6, giving me a 1-card straight and the ass-end, no less. RIO.

Example 2) Tc9c on a Qc6c2c board. Yaaay! We bet pot, calling station calls, turn comes 3c. Yipes. Now this schmuck who limped pre then called your raise with Kc3s has you crushed. RIO.

Of course this doesn't just apply to made hands, it applies to drawing hands as well. Suppose you're in the bb with 23, it gets limped around to you, you check, flop comes 754. Sure you've got an OESD but what are you going to do when that 6 falls, you make your straight but now any 8 beats you?

How big a bet are you going to call to see that next card? Probably less than if you had QJ on a T92 board, right?

All this talk of having a "plan" for a hand is part and parcel here too; if you flop a weak flush you should DEFINITELY be thinking "there's a ~20% chance I'm going to see another club on the turn so my willingness to get it in just got deprecated 20%." Adjust for two streets if villain is a calling station, etc.

My advice, at least to the micro player, is to proceed cautiously. I'm looking to keep the pot size where it is, if possible, and that's where reads come in. Is villain the sort who will chew on a blocker bet? Then throw out a small bet. Is villain super trappy? Then check. Is villain the type to read all checks or small bets as weak and likely to bet out if checked to? Gotta be prepared to let it go sometimes.

Being able to spot RIO situations is probably in the top three developments I've made in my first year of playing poker.

glgl!
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08-19-2010 , 10:32 PM
Another thing I've just though of is completing in the small blind.

Lots of people think they are priced in pretty much all the time from the sb, especially if there are limpers. But, this simply isn't true if you are playing 100bb cash games.

two limpers, folds to you in sb, you have T2o.

T2o is pretty much going to lose you money postflop. Even if you bink two pair, and even trips, it often won't be good if you play a big pot, and you simply aren't going to flop that big that often anyway.

So, it might seem cheap to pay 0.5bb to see a flop because you are getting 7-1.

In other words, playing 0.5bb to win 3.5bbs. But, word it this way: playing 0.5bb to lose 10bb or 20bb or 30bb...

Today I had AK. I raise in 3bb from MP and get 3bet to 11bb from a weak regular out of the sb. I 4bet to 22bb and he calls.

Flop is KK8. I bet three streets and stack his J8s which he called because of his good price preflop. So, he called 11bb to lose 39bb. Good price imo!
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08-20-2010 , 12:49 AM
Example given in a training video I saw which explained it quite well was 72 OOP after the pot was limped, and the flop came 754.

Reversed implied odds are bad because when your hand is very unlikely to improve significantly, and you never know where you stand on the turn or river if a 6, an 8, or pretty much any overcard hits.
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08-20-2010 , 02:38 AM
Quote:
Originally Posted by DevinLake
Another thing I've just though of is completing in the small blind.
Very true.

And in PLO, I'd say the effect is magnified.
(Seems to be for me, anyway.)
Those cheap completes can turn out awful expensive.
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08-20-2010 , 11:34 AM
Quote:
Originally Posted by DiamondDog
Yeah, these are much better examples.

The situation I described is more a case of simple domination. But spots like these, where you can so often be drawing to the second best hand, are a better illustration of RIO.

FWIW the way that you put it is closer to the way RIO is described in TOP. You are on the early streets with a hand that is only going to get action when you are behind. A lot of times that is a domination issue, but it doesn't have to be. So maybe you can make money on the flop if Villain floats or bluffs at you, but on the turn and river (when the bets get proportionally bigger), you are putting in money behind with little chance to improve. The effect is magnified when you are OOP, since you can't check behind and skip a street of betting. If you want to continue in the hand, you are forced to bloat the pot, which makes getting away from the hand harder later on.
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08-20-2010 , 03:49 PM
Quote:
Originally Posted by DevinLake
Today I had AK. I raise in 3bb from MP and get 3bet to 11bb from a weak regular out of the sb. I 4bet to 22bb and he calls.

Flop is KK8. I bet three streets and stack his J8s which he called because of his good price preflop. So, he called 11bb to lose 39bb. Good price imo!
You were in MP and he 3bet you with J8s? And he was apparently shortstacked too? Heh.
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08-20-2010 , 04:07 PM
I would add its more of a way away or way behind situation in which you arent sure whether to bet or call. I think best play to mitigate reverse implied odds is the pot control i.e. checking or betting smaller.

Examples:

You raised KK preflop in ep vs a really good pro in the CO with about 150bb effective. The flop comes A29 rainbow. At this point your way ahead or way behind. If you bet do you think he calls with worse? If you check and he bets do you call? If so how many bets do you call to find out if youre good or bad?

You raise A2s on the btn and are called by a nit in the BB. The flop comes AK6 rainbow. If you cbet and get called do you fire again on the turn (Id personally check the flop)?

Reverse implied odds is a very important concept I still find myself making some mistakes with. Apparently, I understand the concept but havent mastered it. It depends on so many variable and ultimately the villain.
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08-20-2010 , 05:11 PM
Quote:
Originally Posted by halftilt
You were in MP and he 3bet you with J8s? And he was apparently shortstacked too? Heh.
Neither of us were short. He might not have been a full 100bb, but he was at least 80bbs.
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