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Brobebrato   Bulgaria. Jul 22 2008 08:26. Posts 276

155Two Sides to Every Coin (flip) http://www.fulltiltpoker.com/tip-email-155-deposit?utm_id=362

Howard Says:

I think people try to avoid them too much, especially after they've already committed chips to the pot. If the pot has 1,000 in it and you have to put your last 500 chips in to make the call, you're getting 2-1 on your money – yet people dodge this situation all the time. It's just wrong; you should love to take 2-1 on a coin flip even if you only have a 48% chance of winning.

hahaha what the phuck ??? :D ... I read that 3 times to be sure I'm not making a mistake because that sounds so ridiculous ... in this example the EV is +220 ... how come that is a coin flip :D??? By the way he said that, it sounds like we have negative expectation (not 50% but 48% ... and we should call 'cuz of the money already invested in the pot...

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Yugless    United States. Jul 22 2008 08:42. Posts 7174

i think you should read it a fourth time

Baal - look is talking hah.  

Funktion   Australia. Jul 22 2008 08:47. Posts 1638

I have an inkling it won't matter how many times he reads it.


fenner   Australia. Jul 22 2008 09:28. Posts 2188

hahaha what the phuck ??? :D


JoeDeertay   United States. Jul 22 2008 09:34. Posts 1730


  On July 22 2008 07:26 Brobebrato wrote:
hahaha what the phuck ??? :D ... I read that 3 times to be sure I'm not making a mistake because that sounds so ridiculous ... in this example the EV is +220 ... how come that is a coin flip :D??? By the way he said that, it sounds like we have negative expectation (not 50% but 48% ... and we should call 'cuz of the money already invested in the pot...



How is this ridiculous? This is like the most basic of pot odds calculations in the world.

Um, it is a coinflip because you are 48% to win versus 52% to lose, which makes it close enough to 50-50 for it to be a "coinflip."

Also, just because you aren't a favorite to win doesn't mean you have a negative expectation. You said yourself the EV is +220 in this example. If you know that then I don't see what the problem is at all.

If you want a basic explanation of applying your pot odds to your % chance of winning, go here.

Variance has a big brother named doomswitch. - edzwoo 

aseq   Netherlands. Jul 22 2008 11:58. Posts 894

If this kind of stuff makes you a professor, nearly everyone at LP is a professor. And yes, I didn't forget the 'nearly'...


MayZerG   United Kingdom. Jul 22 2008 12:02. Posts 2123

looooooool

I like to hold all the nuts - CrownRoyal 

HeRoS)eNGagE   Canada. Jul 22 2008 12:07. Posts 10896


  On July 22 2008 07:42 Yugless wrote:
i think you should read it a fourth time


phexac   United States. Jul 22 2008 12:33. Posts 2563

lol best post in a while

Nitting it up since 2006 

Repusz   Hungary. Jul 22 2008 12:41. Posts 1033

Rhaegar forbids them to read the forums and then look what happens... (j/k)


sawseech   Canada. Jul 22 2008 12:50. Posts 3182

bubba play pokah
bubba like play pokah

lets go fucking mental la la la la lets go fucking mental lets go fucking mental lala la la 

SPEWTARD   Peru. Jul 22 2008 12:56. Posts 4307

wat

Rise and Shine 

Brobebrato   Bulgaria. Jul 22 2008 18:34. Posts 276

I guess my english is pretty bad or what ? I said he's saying like it's a negative EV, how can I think it's a negative EV since we're getting 2-1 with 48% of winning and I wrote we have +EV??? ... And he's saying that some ppl doesn't take 2-1 flipament with 50% hand...I know what a coin flip is, but I meant that I real coin flip is when your pod odds are even to the chance you win the hand ... so comparing 33 to 50 is an insta call, nobrainer ... (in the described situation). 0.48 x 1000 - 0.52 x 500 = it is a flip, seems more like an insta call to me - but ok I'm an idiot and a noob, gimme a break.

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ggplz   Sweden. Jul 22 2008 18:43. Posts 16784

its a coinflip because mathematically you're CLOSE to 50% chance to win
very simple

if poker is dangerous to them i would rank sports betting as a Kodiak grizzly bear who smells blood after you just threw a javelin into his cub - RaiNKhAN 

SpasticInk   Sweden. Jul 22 2008 18:50. Posts 6298

he should have used a better example to explain this concept (someone with a bit less equity than 48 %)

whatever.


Baalim   Mexico. Jul 22 2008 18:56. Posts 34312

He is just saying that u should take a coinflip if money is already invested in.

Ex-PokerStars Team Pro Online 

Baalim   Mexico. Jul 22 2008 18:57. Posts 34312


  On July 22 2008 11:41 Repusz wrote:
Rhaegar forbids them to read the forums and then look what happens... (j/k)



ROFL

Ex-PokerStars Team Pro Online 

SpasticInk   Sweden. Jul 22 2008 19:03. Posts 6298

and brober a coinflip is still a coinflip no matter how much its in the pot.

its solely based on your chance of winning even if the pott is huge and your pot odds enormous


Baalim   Mexico. Jul 22 2008 19:08. Posts 34312

Ex-PokerStars Team Pro Online 

Brobebrato   Bulgaria. Jul 22 2008 20:00. Posts 276


  On July 22 2008 17:50 SpasticInk wrote:
he should have used a better example to explain this concept (someone with a bit less equity than 48 %)

whatever.



That was my point in first place.

Anyway I'll give you an example to see if i'm the only one thinking this way.

We have 8s9s OTB EFS - 75 BB - EP opens 4xBB - fold to us - we flat - blinds fold.
Flop Ts6s2d - 1st ...EP c-bets 7.5 bb - we raise to 21 bb - he shoves and then he says he has KdKc (not lying etc) - pot odds 101.5 bb to 50bb making us ~48 % winner with close to EV of 1/4th of a full Bi.

Here we have combo draw and we decide to play it fast and raise his standart c-bet. His flop 3bet shove gives us more information and narrows his possible range and defines his hand (let's say 22,66, TT+ - making our EV +~14bb ~ 42% chance of winning) and we decide that's an easy + EV call.

2nd - same hand - but the EP guy shoves directly giving us 80.5 to 71 odds and then he again says only he has KK - this time our EV is ~ 0 BB.

Here he shoves on the flop - donk move to protect his hand which defines it more. He says he has kings, making our call break even in the long run and we fold if we run bad, not willing to take a flipament.

So - same hand, almost the same % of winning the hand(a bit less when he has Ks 2nd one) but two different angles.
Does anyone agree that the coin flip is only in the 2nd example bcuz our EV is =0 ? Or you think a coin flip depends on the % to win the hand and not the EV. I don't care if that's wrong or not, but I'm sure it's a better way to define what's a coin flip - judging by the EV in the situation.

p.s. Nice pic Baal :D haha

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