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-   -   Is it ever correct to go all in on a draw? (http://archives1.twoplustwo.com/showthread.php?t=9089)

sudic 01-10-2006 09:26 PM

Is it ever correct to go all in on a draw?
 
Hey All!

Is it ever correct to go all in on a draw?

BB is about 80/17, Buttton had only been in for a few hands and had already been caught trying to steal with rags a couple of times.

Thanks for all help!


Party Poker No-Limit Hold'em (NL$25) <font color="#0000FF">(6 handed)</font> link

MP ($7.65)
Hero ($18.30)
Button ($15.35)
SB ($31.75)
BB ($30.15)
UTG ($12.35)

Preflop: Hero is CO with A[img]/images/graemlins/heart.gif[/img], J[img]/images/graemlins/spade.gif[/img].
<font color="#666666">2 folds</font>, <font color="#CC3333">Hero raises to $0.50</font>, Button calls $0.50, <font color="#666666">1 folds</font>, <font color="#CC3333">BB raises to $0.75</font>, Hero calls $0.50, Button calls $0.50.

Flop: ($3.10) 4[img]/images/graemlins/heart.gif[/img], Q[img]/images/graemlins/heart.gif[/img], 8[img]/images/graemlins/heart.gif[/img] <font color="#0000FF">(3 players)</font>
BB checks, Hero checks, <font color="#CC3333">Button bets $4.00</font>, BB calls $4.00, Hero calls $4.00.

Turn: ($15.10) 9[img]/images/graemlins/spade.gif[/img] <font color="#0000FF">(3 players)</font>
BB checks, Hero checks, <font color="#CC3333">Button raises all-in ($10.35)</font>, BB calls $10.35, <font color="#CC3333">Hero raises all-in ($13.30)</font>, BB calls $2.95.

River: ($52.05) 3[img]/images/graemlins/diamond.gif[/img] <font color="#0000FF">(3 players, 2 all-in)</font>

Final Pot: $52.05.

epdaws 01-10-2006 09:34 PM

Re: Is it ever correct to go all in on a draw?
 
First of all, never min-raise again. Ever. It made me spew my homemade Bailey's all over the monitor when I saw that.

There are plenty of occasions where pushing all in on a draw is optimal, but this situation is not one of them, and here's a breakdown:

1) You've got one card to come and, ostensibly, 12 outs. You're roughly a 3:1 dog, and you've got to put your last $13 in to win $38, so you're getting just less than 3:1. This play is marginally -expected value.

2) When you put all your money in on a draw, it's best to be the first one in to the middle, so you gain folding equity. For example, you flop an open-ended straight flush draw. You feel safe in counting 15 outs, so you're about 57 percent to hit a winning hand. Your opponent is showing aggression. By pushing all in, you make a +expected value play because he's going to fold a lot of the time, and you'll take down the pot as is, and when he does call, you're roughly a coin flip to win anyway.

3) Calling all in on a draw with one to come just sucks. As the Great One once said, "Donkeys Alwasy Draw."

Hope that helps.

mason55 01-10-2006 09:39 PM

Re: Is it ever correct to go all in on a draw?
 
[ QUOTE ]
Is it ever correct to go all in on a draw?

[/ QUOTE ]

Frequently. Pot odds might require you to. Often you do it as a semi-bluff. I think you must have some fundamental mis-understanding of poker to ask that question.

epdaws 01-10-2006 09:43 PM

Re: Is it ever correct to go all in on a draw?
 
[ QUOTE ]
[ QUOTE ]
Is it ever correct to go all in on a draw?

[/ QUOTE ]

I think you must have some fundamental mis-understanding of poker to ask that question.

[/ QUOTE ]

Yeah, not to be a jerk, but, ding.

hacker59 01-10-2006 11:08 PM

Re: Is it ever correct to go all in on a draw?
 
[ QUOTE ]
[ QUOTE ]
Is it ever correct to go all in on a draw?

[/ QUOTE ]

Frequently. Pot odds might require you to. Often you do it as a semi-bluff. I think you must have some fundamental mis-understanding of poker to ask that question.

[/ QUOTE ]

Not a regular poster here and only an occasional lurker (benefited greatly from forums when learning 6-max limit.) But don't you have a fundamental misunderstanding of the purpose of 2+2? He asked a question. Given the limits he's playing, it's safe to assume he legitimately need an answer. While you should be commended for providing him with one, is the condescending remark necessary? If the question is beneath you to answer, don't.

mason55 01-10-2006 11:18 PM

Re: Is it ever correct to go all in on a draw?
 
This forum is for explaining more advanced concepts than pot odds. If that's truly where he is in his poker development (and we were all there at one point) then this is the wrong place for the question.

It appears that he must have a semi-decent idea that there are books out there explaining basic poker concepts. I am assuming he has read at least one of these books. Thus there is a fundamental misunderstanding somewhere.

Not trying to be condescending, trying to be truthful. No one on these forums is going to sugar coat anything for anyone. If people can't handle being told the straight truth then 2p2 is not the place for them.

Komodo 01-10-2006 11:46 PM

Re: Is it ever correct to go all in on a draw?
 
I could go all-in, but I dont like to call an all-in here.

Mathemagician 01-11-2006 02:16 AM

Re: Is it ever correct to go all in on a draw?
 
[ QUOTE ]
This forum is for explaining more advanced concepts than pot odds. If that's truly where he is in his poker development (and we were all there at one point) then this is the wrong place for the question.

...

Not trying to be condescending, trying to be truthful. No one on these forums is going to sugar coat anything for anyone. If people can't handle being told the straight truth then 2p2 is not the place for them.

[/ QUOTE ]

If you truly are in the place in your poker development that your responses indicate, perhaps you should be posting in the High Stakes forum. Of course, maybe I have a fundamental misunderstanding about poker, too.

M

mason55 01-11-2006 02:20 AM

Re: Is it ever correct to go all in on a draw?
 
Fine, fill the forum up with questions that are answered in any poker book ever written. I really don't give a [censored].

Mathemagician 01-11-2006 02:32 AM

Re: Is it ever correct to go all in on a draw?
 
[ QUOTE ]
Fine, fill the forum up with questions that are answered in any poker book ever written. I really don't give a [censored].

[/ QUOTE ]

Beats filling it up with this kind of post. It's real simple. If you don't like a topic, just ignore it and move move on. There is no need to be rude to someone with a genuine question.

M

mason55 01-11-2006 02:37 AM

Re: Is it ever correct to go all in on a draw?
 
I showed two situations where it's perfectly good to go in on a draw and then suggested the OP might want to investigate why this was not obvious to him. I am sorry if I hurt anyone's feelings.

Maulik 01-11-2006 05:12 AM

Re: Is it ever correct to go all in on a draw?
 
sudic,

In your hand I would check the turn and move in if you hit a [img]/images/graemlins/heart.gif[/img] or an Ace.

djoyce003 01-11-2006 08:09 AM

Re: Is it ever correct to go all in on a draw?
 
big difference between CALLING all-in and GOING all-in. Here you are calling all in with 1 to come on a draw...that's significantly worse than a push. With a push you get fold equity, with a call you don't.

4_2_it 01-11-2006 11:17 AM

Re: Is it ever correct to go all in on a draw?
 
OP,

There are only two reasons to go all-in:

1) You are certain you have the best hand at the moment

2) The odds are correct for you to call with a draw or you are even a favorite with your draw (i.e. OESFD on the flop)

I do not beleive that either of these criteria exist in your example.

Bco1/75 01-11-2006 11:55 AM

FOLD EQUITY
 
i bet someone has or allready has mentioned but pushing with a draw is fine, but you need to have FOLD EQUITY. Which is the chance that you will win the pot right there if everyone folds. Calling an all in bet with a draw is ALMOST always -EV (fold equity = 0). Example on your hand:

When the flop action gets to you there is 11.10 in the pot and you have $17.5 left. By pushing you are announcing I have a flush or nut flush draw. You need to estimate the chances you opponents will fold. Here I say they are low say 20%....Thus:
20% of the time you will win $11.10
80% of the time you will have a show down. To make it simple assume your A is no good. In that you will catch your flush 36% of the time (if no one else has hearts, I assume that there are at least one heart in each players hand so it would actually be 28%, 7 outs) 25.6% of the time you win $46.10 and 54.4% you will lose $17.5
Resulting in:
$11.10 (.2)+$46.10(.256)-$17.5(.544)= +$4.5


Of course you will never get someone to lay down a flush like this thus fold equity is probally much less than 20%.

sudic 01-11-2006 02:34 PM

Re: Is it ever correct to go all in on a draw?
 
Thanks to all who defended me, but I'm a big boy with tough skin and I really don't need any defence.

I have no problem with a stern reply.

Just try to include something in the message that teaches me something!

I really didn't mean never ever call.

Its obvious that there has to be some situation where its mathematically corect to call!

I asked because I ran across the following 'lesson' in
NO-LIMIT TEXAS HOLD'EM by Daugherty/McEvoy (page 233).

Its a similar situation.
****

$1-$2 blind no-limit game.

You have only $25 left with $2 in the BB.

Your Hand:
Ah 9h

5 players limp.

You check.

Flop: Kh 8h 3s

Action AL to your left bets $12 and everyone calls.

Pot now has $72.

You have $20 left.

What's your move?

Analysis:
You have flopped the nut flush draw with five other players
in the pot. If you call, you will only have $8 left. This
is a good opportunity to gamble.
Our suggested play is to raise the rest of your chips-go all in....
*****

Any comments?

Pouncer 01-11-2006 02:40 PM

Re: Is it ever correct to go all in on a draw?
 
Get a new book. You have $25 pre-flop, post a $2 blind, and end up with $20. Did Daugherty/McEvoy buy drinks during the hand?

Pouncer 01-11-2006 02:43 PM

Re: Is it ever correct to go all in on a draw?
 
Also, that example is an illustration of the criteria mentioned in the posts of 4_2_it, BCO1/75, and others.

mason55 01-11-2006 02:48 PM

Re: Is it ever correct to go all in on a draw?
 
suidc -

The idea of this lesson is that you have 5 people putting money into the pot on the flop. They have all put 12 in and will all obviously call your 8. Since there are 5 people you are making money when they all call your all in. The flush will hit more than 1 in 5 times so you want to get all your money in there. This is a profitable situation for you.

The idea of the hand is that they have all called 12 already, thus you can be sure they'll call 8 more. Since you're drawing to the nuts, get it in there.

You see this a lot in limit. You flop the nut flush draw and check. Someone to your left bets, 6 people call, then you check raise because with 6 people you're making money on each bet you put in.

sudic 01-11-2006 03:52 PM

Re: Is it ever correct to go all in on a draw?
 
Oh I see!

I didn't have the right number of people in the hand therefore I wasn't getting the correct odds to go all in!

aces_dad 01-11-2006 03:57 PM

Re: Is it ever correct to go all in on a draw?
 
It's not really the number of people in the hand per se but rather the pot size vs your equity.

mason55 01-11-2006 04:21 PM

Re: Is it ever correct to go all in on a draw?
 
[ QUOTE ]
It's not really the number of people in the hand per se but rather the pot size vs your equity.

[/ QUOTE ]

There are two different concepts at work here.

Let's work from the problem in the book since it demonstrates both.

The first issue is whether or not to call a bet with your draw. When it gets back to you you have to call 12 and there's 12*5 + 1*5 = 65. You have to pot odds to call the 12 because the flush comes in more often than 12:65 on the next card.

The second issue is whether or not to stick the rest of your chips in after you call the 12. In this hand it's correct because you're going to get enough opponents calling your raise that it will be profitable.

Say (somehow) the pot was 65 and you had to call 12 but there was only 1 person in the hand. In this case, you would call the 12 because you're getting the right odds, but you wouldn't want to put your last 8 in yet. You won't be making the correct amount of money off that 8 dollars when only one person calls it. However, if you miss on the turn and your opponent puts you all in, then you'd again be getting correct odds to call.

Another scenario is if you have A LOT of money left. Enough that people might actually fold if you put it all in. In that case it could be correct to push it all in in the hopes that you would take the pot right there. Be careful with this though because at low limits people don't like to fold.

sudic 01-11-2006 05:59 PM

Re: Is it ever correct to go all in on a draw?
 
Thanks for that explanation!

I wish the book would've explained it like that.

They only mentioned that its a good gamble.

I guess some of the great players know intuitively what to do and don't have to calculate.

Hey! When is your book coming out?


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