Quote:
Originally Posted by callipygian
I know you and like you so recognize that I'm posting this for your benefit, otherwise I'd probably just roll my eyes and move on.
1. It's not a minimum of 14.5%. You've excluded the BB. He will have a wide range so it won't **** your equity disproportionately, but it will still dilute. You can probably also decapitate the coldcallers but I'm guessing you'll still end up below 14.5%.
2. 12.5% direct odds includes the BB and UTG calling and excludes rake. Your immediate odds are 8.5:1.5, on the assumption BB and UTG call you get 10.5:1.5. So yes, calling with 14.5% equity when you need 12.5% is a good case for calling but to get those numbers you've made the BB and UTG call and then BB fold.
3. But let's switch off the bots and switch on your brain for a second. For one thing, at the table, us non-cyborgs have to live with an estimate. Aside from the miracle flops, what does out hand look like on the flop? Are we happy flopping a J-high flop? Are we happy flopping a 5-high flop? One spade? Two spades? What position do we reasonably expect to be in? The truth is that our median hand is like a 5-outer, which is barely better than our starting point with teenage equity. Do you really think this is a case where our implied odds are positive?
4. Let's go back to the sims and play around. What are equi-equity hands to J5s? That is, if you're arguing J5s has way too much equity to fold, what else falls under this category? Does J2s make the cut? 72s? J5o? I don't have a sim available but I'm going to venture that by your metric, you're calling any two suited, any Broadway, any ace, and unsuited connectors. That hopefully should make you realize that the people who pipe up about hot and cold equity have a point, and that this is how we want the fish to play, not us.
5. I will also bet, from having run sims like this before, that hands like 65s/54s and probably even 75s/53s and 65o/54o have more equity than J5s. Ask yourself why is it that hands that are dominated by J5 do better than J5. Again, it underscores the badness of The Jack and The Five.
6. Assuming you play most of your hours at the Oaks, let me point out that the 2/3 blind structure does make quite a bit of difference. Instead of 6/48, you need 4/36, which gives you over a full percentage point of bonus equity. Assuming a revised sim shows like 14% equity, I could be convinced that it's enough of an edge (over 11%) that one could call profitably. But it's not enough of an edge over 12.5%.
When we getting lunch?
All points duly noted.
But here are the crux of where the discussion for pf should center on:
If h/c equity doesn't paint a realistic picture, what systematic way do we have for determining what hands to call with here? I think most naysayers are saying that it's hard to come up with boards that we smash, so we simply should fold. I'm saying that's not good enough; you'll have similar problems with other marginal hands here, aka Qxs/Kxs. Most of both sides of yay or naysayers are essentially giving experiential advice.
And maybe to clarify, I do think it's ok to call with J5s, but I'm equally open to the possibility that we shouldn't. What I'm more interested is a means to determine what else I should or shouldn't call with here (Qxs? Kxs? 85s? A8o?)
For some of the points you made callip, yes, baby SCs likely do better than J5s, because the straight value makes for more robust hands that hold up by the river. There is similar analysis done in SSHE about why we shouldn't just all call suited cards on the button given great odds, the main reason being high card strength (Qxs/Kxs/Axs will make pairs that are more robust).
And yes, I think the above sentence can serve as a reference point; SSHE's EV graph shows Qxs being slightly +EV on the button, and Jxs being slightly -EV, for small stakes ~15 years ago. But it's at least borderline, and you're not going to get 7.5:1 / 8.5:1 /10.5:1 on the button easily.
"that this is how we want the fish to play" - fish equally donate money holding onto "good" hands for too long when the action dictates their overpair has nearly 0 equity. Much of money made in poker is just simply making better decisions.
Last edited by ChocolateMoo; 10-29-2016 at 04:03 PM.