Re: Question about Harrington\'s books...
Failing to bet because while we have a hand that has value, we would rather see more cards before we put more money in, is not the way to maximize your ROI in tournaments. I also question Harringtons approach of making it "thinly" wrong... If our opponents will call a bet with improper odds, then my best play is to "BET AS MUCH AS I CAN GET A CALL FROM".
I want my money going into the pot with an edge in tournaments. If My opponent and I can both agree to go all in and I have a 55% edge, I should take it everytime. Trying to play a game of patience where I only put my money in the pot where theres lots of cards on the board allows me to make easier decisions, but it also allows my opponents to be able to play nearly perfect. They fold when their draws come in and make me pay for value to show down my good hand when the draw does come in. Or perhaps they bluff when the draw comes in and make me fold a winner! Value betting avoids those. We make our opponents pay for their draws because our hands have largely more equity than theirs do, and because we can fire again on the turn when it doesnt bring in the draw.
Yes you end up losing more chips by betting and getting wrongly called then having a lucky draw come in, but you will have a higher expectation of value. Maximizing our EV with each decision is the proper way to maximize our tournament ROI. Minimizing our losses each hand DOES NOT, i repeat, DOES NOT maximize our ROI in said tournaments. we just bust out later, but still before the cash.
Take the flips with an edge. Press your small edges. Bet as much as they will call(wrongly) when you think they have a draw and you have a made hand... thats my thinking, and it jives with neither OP or Harrington (to some extent).
Certainly harrington plays far better than I, I'm just here for sake of discussion and improvement.
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