Join Date: Jun 2004
Posts: 13,299
Here's where you can get yourself into trouble:
Suppose you flop the nut flush on top, which should be about 2/3 probability of holding up for the nuts. And suppose you have zero equity on the bottom. Let's say the preflop antes are $200 and you face a $200 bet.
You have at least 1/3 of the equity, so if the bet is all-in you should call. But if stacks are deep enough to play turn and river, there's a reasonable chance you might get freerolled on top. Turn and river bets will be much bigger, so you are protecting your 1/3 of the $200 antes by putting up $600 on the turn, assuming you still have the nuts, hoping to get that $600 back. And then if the nuts change on top on the river, you can face a tough decision in an $1800 pot -- all of this to defend $67!
So what if another player comes along? Now you're calling $200 out of $800 on the flop, so all-in that's a pretty easy call. But if stacks are deep, it's more likely you're fading viable draws on top with no equity on bottom. If the nuts change on top, your flush looks even worse against a bet and a call. And if the third player folds to a turn bet, on one hand that's another $200 dead so that's nice. OTOH you can now be freerolled for $800 instead of $600.
Anyway all this to say that yes, if the pot gets multiway you can justify some one-way calls, but be cognizant of the implications on the money left in the effective stack.