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-   -   Why bet the pot? (http://archives1.twoplustwo.com/showthread.php?t=27886)

iagainsti 02-03-2006 04:31 PM

Why bet the pot?
 
I'm just starting to play NL and have been wondering about the tactic of "betting the pot" to supposedly punish drawing hands.

Wouldn't someone on a straight or flush draw be getting the right odds to call (2 to 1)

Enlighten this NL rookie

smittymatt 02-03-2006 04:38 PM

Re: Why bet the pot?
 
Betting the pot removes all immediate odds if your opponent is drawing to a straight or flush (but not a combo monster draw, obviously). To draw to either a straight or flush, you need ~4 to 1 on your money on BOTH the turn and river. As you said, betting the pot gives your opponent 2 to 1 on their call, thus they are making a big mistake if they call.

The only factor that can sometimes make it correct to call a pot sized bet only on a draw are implied odds, which you probably already know of. If your opponent is pretty positive that you will pay off enough when they hit their draw to make up for the lack of immediate odds, calling the bet is OK. This is where it all comes down to player skill and the ability to get away from a hand if it is apparent that your opponent just made a better one.

_TKO_ 02-03-2006 04:40 PM

Re: Why bet the pot?
 
[ QUOTE ]
Wouldn't someone on a straight or flush draw be getting the right odds to call (2 to 1)?

[/ QUOTE ]

You are under the wrong impression with these numbers. Your opponent would be correct call if your bet either put them all-in, or if you did not bet the turn. The odds for drawing out on the next card are closer to 4.5:1 for straight/flush draws. Unless you are going all-in on the flop, only use the numbers for one card to come.

As for betting the pot, this is usually the easiest way to keep your bet proportioned to the size of the pot and provide protection for a made hand.

iagainsti 02-03-2006 04:48 PM

Re: Why bet the pot?
 
I see what you're saying, I was thinking of the odds of making the draw by the river, obviously. But yes, if my bet puts the person all-in (or very nearly so) then he may be correct to call

Thanks

vypremik 02-03-2006 04:55 PM

Re: Why bet the pot?
 
[ QUOTE ]
I'm just starting to play NL and have been wondering about the tactic of "betting the pot" to supposedly punish drawing hands.

Wouldn't someone on a straight or flush draw be getting the right odds to call (2 to 1)

Enlighten this NL rookie

[/ QUOTE ]

2 to 1 odds means that they will hit their hand one out of three times. If they have the odds to do this, calling a pot size bet will be a break-even bet for them.

You do have to keep in mind that the true odds are changed by such factors as other people still in the hand and more betting rounds to come.

Bascially you use pot odds for two things here

1) You want a new player to make a call they are not supposed to make (based on pot odds) so that you can make money in the long term.

2) You want a pro to make the correct call based on their hand and therefore have a good idea of what they hold or what they are drawing to.

By the way, there is a lot more to pot odds than just betting the pot. But for starters, it is good to know that you are usually causing your opponent to make a mistake calling your pot sized bet if they are drawing to a straight or flush. (Or you are making a mistake by doing the same.)

greenroom1 02-03-2006 05:41 PM

Re: Why bet the pot?
 
This is a good post because this situation seems to come up every time I play. The problem is not betting the pot and getting called after the flop. The problem is if the Turn card fills a straight or flush. It is difficult to know if the player filled and played incorectly on the flop or if he is bluffing with scare cards. This is especially difficult when it is heads up. Against multiple players this is easier because the more people that play the more likely someone will have a good drawing hand.

I always ask myself in this situation if the post flop caller was good enough to fold a draw with improper odds, bad enough to not know the pot odds, or if was being deceptive and called incorrectly for greater implied odds on future streets.

I think it is difficult to know if the OPP leads into the pot on the Turn with a large bet. I have been on the opposite side of this as well and made some calls knowing it was a long shot to hit the turn but also knowing that I would be paid because of good implied odds against agro players. You have to play against a large stack to make this profitable.

So, I think there are two type of players who call pot size bets (in HU conditions) on drawing hands. Bad ones and good ones. I think a good player is more likely to make this call only if he has postion on the the post flop bettor.

This is really confusing and can be difficult to know the correct move if the scare card hits the turn. If the flush or straight card doesn't hit the turn then the chances of being called with a pure drawing hand are much smaller, and I don't think a river flush or straight card is a as scary.

_TKO_ 02-03-2006 05:47 PM

Re: Why bet the pot?
 
[ QUOTE ]
So, I think there are two type of players who call pot size bets (in HU conditions) on drawing hands. Bad ones and good ones. I think a good player is more likely to make this call only if he has postion on the the post flop bettor.

[/ QUOTE ]

1. Stack sizes matter.
2. You have the preflop round to help determine a likely holding for the villian.
3. You have a read built up from previous hands as to whether this is a good or bad player.

greenroom1 02-03-2006 06:05 PM

Re: Why bet the pot?
 
[ QUOTE ]
[ QUOTE ]
So, I think there are two type of players who call pot size bets (in HU conditions) on drawing hands. Bad ones and good ones. I think a good player is more likely to make this call only if he has postion on the the post flop bettor.

[/ QUOTE ]

1. Stack sizes matter.
2. You have the preflop round to help determine a likely holding for the villian.
3. You have a read built up from previous hands as to whether this is a good or bad player.

[/ QUOTE ]


I agree completely.

But sometimes you don't have any reads on the villian, and It can be a difficult turn decision.

J.A.K. 02-03-2006 06:34 PM

Re: Why bet the pot?
 
Where am I going wrong?

Blinds 10/20
Folds to MP1 who makes it 60
Folds to Hero (button) who calls JsTs 60
Blinds fold: Pot $150

Flop: Kh, 8s, 2s

MP1 bets $150
Hero calls $150
Pot $450.00

Turn: 3c

MP1 bets $450
Hero calls $450
Pot: $1350

River: Qs

MP1 checks
Hero Bets $500 MP1 folds.

Hero put in 60+150+450=$660 to win a pot of $1350= 2.05-1

Doesn't the flop potsized bet guarantee us our odds as long as the turn bet is pot or less? I am now committed to anything other than a crazy oversized turn bet. I know this is wrong but can't get my mind around it!! I know you adjust odds for 1 card to come, but there will always be better than 2-1 odds OVERALL with 2 potsized bets. My head is about to explode.

ChuckyB 02-03-2006 07:23 PM

Re: Why bet the pot?
 
[ QUOTE ]
Doesn't the flop potsized bet guarantee us our odds as long as the turn bet is pot or less?

[/ QUOTE ]

1) You shouldn't pay the money that guarantees you correct odds to draw later. That's just throwing cash down a hole. The money must come from other players. If 4 players call a pot-sized bet, draw away.

If the potsized bet HU puts you all-in, the 2:1 odds are correct to draw for your flush (about 65:35). However in the example you still have to call another bet on the turn.

[ QUOTE ]
but there will always be better than 2-1 odds OVERALL with 2 potsized bets

[/ QUOTE ]

No. After the turn betting you've now put in 600 of yours to win 750 of the villain's...that's 1.25:1 and nowhere near correct odds (not even close to the 2:1). You're 37:9 against making your flush on the river.

MathEconomist 02-03-2006 07:35 PM

Re: Why bet the pot?
 
[ QUOTE ]
Hero put in 60+150+450=$660 to win a pot of $1350= 2.05-1

[/ QUOTE ]

This is the big error. In doing these after the fact calculations, you can't count the money you put in as part of the pot because you don't win it when you win, you simply don't lose it. Your actual overall odds were around 1-1 on what was a 2-1 shot on the flop (and presumably worse preflop).

As far as having someone call and the (potential) draw hitting, a method I like to use when I don't have good reads is simply not to put in enough money that the other person had correct implied odds to draw. This way you've insured that when you're up against the draw you're a long run winner. You will lose some money to bluffs, but even then they are likely long run losers since the scarecards don't hit THAT much more often when no one is holding the draw.

J.A.K. 02-03-2006 08:36 PM

Re: Why bet the pot?
 
[ QUOTE ]
[ QUOTE ]
Hero put in 60+150+450=$660 to win a pot of $1350= 2.05-1

[/ QUOTE ]

This is the big error. In doing these after the fact calculations, you can't count the money you put in as part of the pot because you don't win it when you win, you simply don't lose it. Your actual overall odds were around 1-1 on what was a 2-1 shot on the flop (and presumably worse preflop).

As far as having someone call and the (potential) draw hitting, a method I like to use when I don't have good reads is simply not to put in enough money that the other person had correct implied odds to draw. This way you've insured that when you're up against the draw you're a long run winner. You will lose some money to bluffs, but even then they are likely long run losers since the scarecards don't hit THAT much more often when no one is holding the draw.

[/ QUOTE ]

In HOH he counts the money put in the pot as part of it when calculating PO. (HOH v.1 pg. 122) I am not seeing the difference, although I do see the actual odds on your return are 1-1. Also could you elaborate on the strategy of not giving implied odds when possibly facing a draw? SSSSLOOWW learner.

MathEconomist 02-03-2006 10:21 PM

Re: Why bet the pot?
 
Money already in the pot is part of what you can win by calling a bet, so it is correct to consider money already in when calculating pot odds. But your current call is not part of what you can win, so that should not be added to the pot. When doing an after the fact calculation and asking what was I getting, you need to only consider the money the other guy puts into the pot after the decision point.

As far as not giving implied odds, I should emphasize this is against players I don't have a good read on (though it's good to always keep this in mind). So say I make a pot sized bet on the flop against what I assume is a flush draw, and that 3rd suited card hits on the turn. In order to be correct in calling that bet, the other guy needs to get in total about 4.5-1 on his money. He already got 2-1 from the pot, so between the turn and river I don't really want to put in another 2.5 times the original pot. So if he makes a pot sized bet on the turn (3 times the original pot) I would generally just fold. If he makes a smaller bet, but I think I'll have to call again on the river I can fold. But if he checks the turn and bets half the pot on the river I can call.

This gets varied a lot depending on the situation and what reads I have. But in general, you shouldn't be willing to pay off enough on later streets that your opponents were correct to call your bets based on the implied odds. Note that this is actually a specific application of the general principle that how you play early streets should be influenced by how much you're willing to pay off on later streets unimproved.


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