I thought wraps were the bomb - Small Stakes Pot Limit Omaha

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I thought wraps were the bomb

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07-06-2023 , 11:14 PM

Bill Haywood

Pooh-Bah

Join Date: Apr 2003 Posts: 5,253

I was playing with Equilab for Omaha and set up the following scenario.
Four villains play respectively 10, 30, 50, and 70 percent of their hands.
Hero plays Kd Qh Jh Ts.

The result was that hero's wrap had less equity than all the other players.

That doesn't seem right. I can't imagine that all the wisdom about loving rundowns is wrong. Presumably the discrepancy is explained by the playability of wraps.

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07-07-2023 , 12:37 AM

monikrazy

Carpal \'Tunnel

Join Date: Sep 2009 Posts: 28,073

Kqjt has something like 18% equity in the 5-way hypothetical. This type of hypothetical is rather distant from profitable poker strategy, but yes - kqjt does benefit from superior playability / higher equity realization than many other hands post-flop.

Not really sure what wisdom you are referencing, some principles are better than others but the pre-flop action is always going to matter.

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07-07-2023 , 07:08 AM

wazz

Carpal \'Tunnel

Join Date: Jun 2006 Posts: 14,755

KQJT is not a wrap. It's a rundown. A wrap is when you have more outs to a straight than a standard OESD, i.e. postflop. And as monikra said, raw equity is not the only thing that matters. Blockers and implied odds make up a large part of your equity and high rundowns satisfy those.

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07-07-2023 , 11:15 AM

klem1234

enthusiast

Join Date: Aug 2019 Posts: 66

Given the parameters of your example, your KQJT will also run into some domination effects that bring down it's equity.

Say for example you make your straight, but it isn't the nut straight. Your King high straight will lose to an Ace high straight a lot of the time. We have all been there where we hit a high non-nut straight and feel we have lost because we know other players are playing high cards. Domination is part of what brings down the equity of your example.

On the other hand, 8765 will have more raw equity than KQJT in your example. 8765 will win more often as a non-nut straight.

Last edited by klem1234; 07-07-2023 at 11:33 AM.

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07-07-2023 , 12:30 PM

AKQJ10

Carpal \'Tunnel

Join Date: Jun 2004 Posts: 13,313

Against tight ranges, high rundowns run into card removal and possible domination, especially if any of the Broadway pairs or of course A+3 Bway are out. It's not just about straights; a lot of hot and cold equity comes from two big pair.

T987 same suits probably performs better because:

Big cards in opp hands don't block or dup as many straights, esp nut straights.
Two pair and trips are more likely to come up and less likely to be dominated. Ideally if there were multiple tight(ish) players they'd be consuming each other's Bway cards.

Obviously I don't mean to say that 30% or wider is tight. But even having that one 10% range eliminates many cards you want in the stub.

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