Drawing hands

[dwf76]

Any advice would be appreciated, i've been playing for 4 months now, mostly playing $5 sit and go's. This was going quite well until lately where i seem to be losing a lot of money to people drawing out on me. So my question is how should you play a hand like below where i have top pair top kicker but with straight and flush draws available, is it best to just get rid and wait for a better situation or does it all depend on your read of the opponent. I know the example below is ridden with errors,in fact looking back it was awful but it's the best example i can find,in my defence i know a preflop raise would'nt get rid of the limpers without going all in which i don't want to be doing with A,J, although the turn bet and river call were stupid (went with pot odds on the river). I know the obvious answer is to move up stakes but i can't do that without building my bankroll first.


*********** # 1 **************
PokerStars Game #9199321772: Tournament #46742907, $5.00+$0.50 Hold'em
No Limit - Level IV (50/100) - 2007/04/01 - 14:16:32 (ET)
Table '46742907 1' 9-max Seat #2 is the button
Seat 1: PacmanFr (2470 in chips)
Seat 2: MSB50 (4080 in chips)
Seat 3: charrd1 (3130 in chips)
Seat 5: dwf76 (2375 in chips)
Seat 6: MFL_Bears (525 in chips)
Seat 7: spaarup (3200 in chips)
Seat 8: basilej (1475 in chips)
Seat 9: redrabb1t (1670 in chips)
charrd1: posts small blind 50
dwf76: posts big blind 100
*** HOLE CARDS ***
Dealt to dwf76 [Jc Ad]
MFL_Bears: folds
spaarup: folds
basilej: folds
redrabb1t: folds
PacmanFr: calls 100
MSB50: calls 100
charrd1: calls 50
dwf76: checks
*** FLOP *** [8c Js 9c]
charrd1: checks
dwf76: bets 400
PacmanFr: folds
MSB50: calls 400
charrd1: folds
*** TURN *** [8c Js 9c] [Kh]
dwf76: bets 700
MSB50: calls 700
*** RIVER *** [8c Js 9c Kh] [Ts]
dwf76: checks
MSB50: bets 600
dwf76: calls 600
*** SHOW DOWN ***
MSB50: shows [9d Qd] (a straight, Nine to King)
dwf76: mucks hand
MSB50 collected 3800 from pot

[carnivalhobo]

STTF

[wdead]

u need to learn that there is no such thing as a "drawing hand" and that hands only matter based on their pot equity vs ranges

[KLJ]

50/100 goes in high stakes

[dwf76]

Don't suppose you could explain the pot equity vs range please wdead. Thanks

[KLJ]

you're either drawing or you arent (this statement is false)

you're always drawing with X outs, you need Y odds (implied, immediate) to call. if you have Y odds, GOGOGOGOG at least. if not, NONONONONO. a % of the pot is always yours based on your winning percentage. its your choice whether or not to protect it.

[dwf76]

Thanks KLJ.

[wdead]

[ QUOTE ]
Don't suppose you could explain the pot equity vs range please wdead. Thanks

[/ QUOTE ]
sure.
pot equity vs range has to do with how much equity a hand you have vs an opponents hand range.
For example, assume there are no blinds and no monet in the pot. If you have AKs, and an opponent goes all in preflop, and you know that he will only do this with 77 and AQ, and he will have 77 half the time and AQ the ofther half the time, then your pot equity would be
.5(50%)+.5(75%)=62.5% (im not sure if AK is exactly 75% vs AQ but its close enough)
so, even though you have a "drawing hand" your equity vs his range is ahead, so you should call. the fact that you do not have a "made hand" is irrelevant.
Now, lets say its preflop, and your opponent goes all in, and you hold 77. You know your opponent will do this with AA, KK, and 22, each exactly one third of the time. Here, your pot equity is
.33(20%)+ .33(20%)+ .33(80%)=39.6%
Here, even though you have a made hand, your equity vs his range is 39.6%, and thus you fold.

This concept can be applied postflop as well.
If you have J10ss and the board is 2c8s9s, and your opponent goes all in, you count the pot odds you are getting from the pot. Next you put your opponent on a hand range, and weigh your hand vs that range. I wont get into numbers here cuz it could bog it down, but lets say your opponent would do this is 77, 66, and 99, each one third of the time. You would call here, because you are a huge favorite vs 77 and 66 and a slight dog, so regardless of pot odds, you would call.

Now, assume the opponent will only do this with the nuts, 99. You are a little less than 40% against 99, so unless you are getting appropriate odds from the pot, you would have to fold (I cant remember how to do the conversion from percentage to fractions, so someone can help me with this. Plus im high, and alot of math in this post might be off, cuz math is hard when u are high) Even if the specific math is wrong in this post its important to apply this concept.

In essense, there are no drawing hands. Just equity vs hand ranges.