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Old 10-23-2007, 05:40 PM
binions binions is offline
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Join Date: Jan 2004
Location: Toronto, CA
Posts: 2,070
Default Re: Too much SPR

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binions,
i enjoy your posts.

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Thanks. :-)

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i will answer it for you: it depends. i think you are trying to get me to say it depends on how deep my opponents are and because everyone has 500 it would be a call. but it depends on a variety of factors. stack size to pot is only one of them. i need a lot more information to tell you what action i would take here.

among the factors:
can i expect to get paid?
are the players rocks who won't pay off the odds i need to play a speculative hand?
do i expect a lot of action post flop? if the opponents are too aggressive it will be difficult to draw for the right price.
are there weak tight players?
what are the raisers standards?
how will my position work vs these opponents?
implied odds? - yes how deep are we and how much is in the pot spr.


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Good answer. Glad to hear you would consider folding.

In my experience, 99% of live players make the call with JTs or A5s if they close the action in a multiway raised pot, as long as most of the players have stacks of at least 80xBB or more.

The reason they always give? Implied odds. (Sometimes they also say good relative position, but it's amazing how often people don't consider relative position).

But in the situation I described above, there will be 185 in the pot when you call, and everyone will have 470. So, everyone's SPR will be 2.6:1.

When JTs and A5s make great hands, it's usually by the turn or river. They flop 2 pair or better made hands about 3% of the time. The flop huge combination draws far less than 3%.

Most of the time, they miss the flop. Sometimes, they flop a weak one pair hand. Sometimes, they flop 8 or 9 out draws.

Assuming there is any action on the flop and you have an 8-9 out draw, most players will call or go all in. After all, they didn't play the drawing hand to fold once the flop gives them a draw.

The problem is that 8-9 out draws seem profitable multiway in raised pots at 100xBB stacks if you get action on the flop. This is mostly illusion.

If you have 33-35% equity in with an SPR of 2.6:1, your implied odds against 1 foe (who flopped a set or 2 pair or an overpair) are 3.6:2.6 when you are at best a 2:1 dog.

YOU ACTUALLY NEED 2 PEOPLE TO GO ALL IN WITH YOU ON THE FLOP TO HAVE ANY CHANCE AT AN OVERLAY WHEN YOU FLOP A 8-9 OUT DRAW.

This is an example of how you can use SPR to avoid trap situations that can cost you your stack. I never used to fold drawing hands in multiway raised pots with good relative position before I started thinking about SPR. Now, unless stacks are DEEP, I routinely fold in this situation based upon my reading of PNL.

Bottom line, while you are correct that there are many things to think about in NLHE, it appears to me you are selling SPR short. Its implications are vast, and sometimes lead to conclusions that seem counterintuitive.
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