Re: Fundamental Theorem of Poker vs. Pot Odds
[ QUOTE ]
What am I missing or not understanding?
[/ QUOTE ]
The Fundamental Theorem assumes you can see all the cards.
It's not very practical in that sense. In reality you don't see the cards and you can only make educated guesses.
For example, on the river you get 9:1(not uncommon in limit) on your call. You are pretty sure you are beaten but you you need to be more 90% certain you are right. So if you think there's a 11% chance your opponent is bluffing or missed a draw you have to call.
Often enough I think I can't beat any legitimate hand but call with a weak hand because of pot odds. Again and again I am amazed what kind of crap your average opponent will keep betting.
|