Looking at Some Odds

Continuing with the concepts of the previous chapter, if someone bets into a multiway pot on the flop and there was a preflop raise you would usually be getting approximately 12-to-l to call. If there was no preflop raise you would only be getting about 7-to-1. That means that it is often correct strategy to call with bottom pair if there was a raise, but not if there was not a raise. Bad players, however, will make this call no matter what the size of the pot.

Therefore, with a hand like K>54 it makes a big difference if you can get in for no raise. This is because if you flop a king and you get paid by the lower pairs, they are incorrectly paying you. You make money on their calls. So when the game is good, you should play more hands, specifically suited hands, but only if it appears that you can get in cheaply with them.

(The extreme case of this is no limit. If you ever saw a good no limit player against weak players, you will find that he is constantly limping in. He is playing about 1/3 of the hands and limping with almost all of them. He's giving up a little bit before the flop because he can outplay them later.)

The trap that you don't want to get into is calling with hands that won't make enough profitable situations. So you throw away a hand like:

In fact, you frequently should fold AT or KT in these very loose games.

On the other hand, if you are in a loose, passive game where they usually call, but only occasionally raise, you should play any Axs under the gun. You should also be playing a hand like under the gun, and anything better. You should play these hands because you are going to win a lot when you hit them. That is, you take advantage of bad play. You would also play all pairs. Conversely, you often shouldn't raise with your AK or AQ in spots where you would raise in tougher, tighter games.

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