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Brobebrato   Bulgaria. Jul 22 2008 07:26. Posts 64 | | |
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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| Fortes Fortuna Adiuvat ;; me look like m3ga k00L on teh microstakez becoz im ballin at poker coz im makin cashola without workin QFT ;; Whats the difference between a poker player and a dog - eventually the dog stops whining :D | |
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Yugless   United States. Jul 22 2008 07:42. Posts 6637 | | |
i think you should read it a fourth time |
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Funktion   Australia. Jul 22 2008 07:47. Posts 174 | | |
I have an inkling it won't matter how many times he reads it. |
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fenner   Australia. Jul 22 2008 08:28. Posts 654 | | |
hahaha what the phuck ??? :D |
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JoeDeertay   United States. Jul 22 2008 08:34. Posts 888 | | |
| | 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...
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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. |
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| Touch it, bring it, pay it, watch it, turn it, leave it, stop - format it. | |
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aseq   Netherlands. Jul 22 2008 10:58. Posts 653 | | |
If this kind of stuff makes you a professor, nearly everyone at LP is a professor. And yes, I didn't forget the 'nearly'... |
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MayZerG   United Kingdom. Jul 22 2008 11:02. Posts 621 | | | |
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| I like to hold all the nuts - CrownRoyal | |
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| | On July 22 2008 07:42 Yugless wrote:
i think you should read it a fourth time |
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phexac   United States. Jul 22 2008 11:33. Posts 952 | | | |
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Repusz   Hungary. Jul 22 2008 11:41. Posts 401 | | |
Rhaegar forbids them to read the forums and then look what happens... (j/k) |
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sawseech   Canada. Jul 22 2008 11:50. Posts 1617 | | |
bubba play pokah
bubba like play pokah |
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bongky   Peru. Jul 22 2008 11:56. Posts 1405 | | | |
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| dont u fkin limp my fkin blind | |
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Brobebrato   Bulgaria. Jul 22 2008 17:34. Posts 64 | | |
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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| Fortes Fortuna Adiuvat ;; me look like m3ga k00L on teh microstakez becoz im ballin at poker coz im makin cashola without workin QFT ;; Whats the difference between a poker player and a dog - eventually the dog stops whining :D | |
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ggplz   United Kingdom. Jul 22 2008 17:43. Posts 12561 | | |
its a coinflip because mathematically you're CLOSE to 50% chance to win
very simple |
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| creposuc: MAKIN MONEY BEIN MANIAC AGRESSIVE | |
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SpasticInk   Sweden. Jul 22 2008 17:50. Posts 1451 | | |
he should have used a better example to explain this concept (someone with a bit less equity than 48 %)
whatever. |
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Baal   . Jul 22 2008 17:56. Posts 17170 | | |
He is just saying that u should take a coinflip if money is already invested in. |
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| DCal Zone: DIE YOU LIQUID POKER CLOWNS | |
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Baal   . Jul 22 2008 17:57. Posts 17170 | | |
| | On July 22 2008 11:41 Repusz wrote:
Rhaegar forbids them to read the forums and then look what happens... (j/k) |
ROFL |
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| DCal Zone: DIE YOU LIQUID POKER CLOWNS | |
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SpasticInk   Sweden. Jul 22 2008 18:03. Posts 1451 | | |
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 |
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Baal   . Jul 22 2008 18:08. Posts 17170 | | | |
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| DCal Zone: DIE YOU LIQUID POKER CLOWNS | |
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Brobebrato   Bulgaria. Jul 22 2008 19:00. Posts 64 | | |
| | 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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| Fortes Fortuna Adiuvat ;; me look like m3ga k00L on teh microstakez becoz im ballin at poker coz im makin cashola without workin QFT ;; Whats the difference between a poker player and a dog - eventually the dog stops whining :D | |
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