[Matt Flynn]

threads,

yes, by globally i meant all of the preflop actions that collectively result in getting 10% in.


pokerboy,

[ QUOTE ]
I don't understand why we need to look at everything "globally". To me that gives us less knowledge and information about the hand than considering all of the actions.

[/ QUOTE ]

both viewpoints are useful. one interesting reason to also look "globally" is that one can make a series of correct decisions that result in an overall mistake. the main reason is the money that goes in earlier becomes "dead money" that can make your later decisions correct.

for example: say you have 86o on the button. stacks are 100bb. utg limps, next player raises to 4bb. a big part of your equity comes from position and stealing. you decide you're a ninja thief and call (you forgot your cowboy hat so you don't raise). utg then repops to 8bb and the original raiser calls. well your stealing profitability just dropped like a rock, but you now have higher implied odds to call and hit your hand. so you call, but for different reasons than you called the first time. but here's the kicker. had utg open-raised to 8bb and then gotten called, you may well have folded because you have a stealing hand and don't really want to put 8bb in preflop. your second call became correct because of the dead money in the pot.

i am really tired so forgive if that example is off in some way.

one way to approach about how a sequence of bets can result in an overall mistake is that zero definition. "The value of folding is zero." this is the correct frame of reference to use for figuring out what to do NEXT. but it is not globally true in most cases. not to beat a dead horse, but suppose the pot is zero. you have aces. what's the value of folding? zero? ok what's the value of folding 72o? zero you say? so folding AA and 72o have the same value. ok, i'll take the AA and you can have the 72o.

matt