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  #1  
Old 08-14-2007, 01:10 PM
Dave D Dave D is offline
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Default Lets talk about small pairs OOP as a shorty

Ok so another thread got me thinking about small pocket pairs, OOP, when we're short late tourney. I thought I'd make a thread where we talked about it some.

I'm going to outline a theoretical situation for discussion. Lets try not to be nits about specific numbers unless there's a serious problem there, because these things are mostly always going to estimates (with the exception of chances of flopping a set, obv) and therefore impossible to determine exactly anyway.

So lets take a hand like 55. We're UTG, with 10 bb. We're halfway through the money on a "standard" table as far as stack sizes. Most people have us covered. Also a "standard" table in terms of aggression. Obviously we're more likely to push 55 at a really tight table and basically should fold it UTG if there's always been a raise PF in the last 30 hands.

The conventional advice here I think is to fold 55. Fold pretty much anything below 77. 88+ might be a push depending on how the table's been playing, and if you have a tight image.

But for me, I often call here, and I'll even call here with 22. I'm looking to be shown why this is wrong here, but here's what I'm thinking.

Lets say that 50% of the time we limp, and we get to see the flop w/o a raise. The other 50% of the time someone raises and we fold. Of the times we limp, lets say 50% of the time we get 2 other limpers, 30% of the time it's 3 limpers, and 20% of the time just BB completes.

So lets figure out our chances of winning the hand, after limping:

So we're 12% to flop a set or quads. Some of the time we're going to flop an OESD and get to push and everyone will fold. Some of the time we will flop an overpair with 55. Some of the time the flop with check thru and we'll hit our set on the turn. And rarely, we'll be able to get to the river for no extra money and have the best hand.

Obviously we have to subtract the times we hit set over set, or someone else has a better overpair on the flop, someone calls our OESD and we miss etc etc.

So after all this, lets say we're 20% to win the hand.

So the question becomes, are we getting enough implied odds to draw for our set etc. So this sorta boils down to are we getting 5:1 either with express or implied odds? I think that if we get two limpers then we are. Namely say we have one limper and the BB checks, with antes we're getting 3:1 there. I think A LOT of the time we hit our hand, we're getting doubled up. People just don't believe shorties, and they play crazy after the bubble (yes I realize this is a problem for pf, we're often gonna get raised off our hand, but I think 50/50 is a good number there). So we're really getting 13:1 (the 3bb PF+10bbs when we get doubled up). Lets say the times that we can't get someone to double us are balanced by the times that we get 2 limpers who both call our push when we have a set or whatever.

A big part of this for me as well is the chances that two people call our all in. Thats happening a fair amount of the time, and is HUGE for us in terms of our chances of making the FT.

Also, a big reason that I justify limping UTG is that if someone raises, I'm only giving up 1 BB, and to me having 9 BB is the same as having 10. I'm basically just as short. This is almost a gigastack way of looking at things in a sense. But giving up that 1 bb PF a lot of the time (already said at 50%), represents hitting it BIG some of the time too, and that's what I care so much for.

All in all, even if you could show me that limping 22 UTG is ev neutral, I still want to do it because I'm playing for the FT and 10 BBs sucks.

Paging stumpy for this thread, I think.
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  #2  
Old 08-14-2007, 10:28 PM
helter skelter helter skelter is offline
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Default Re: Lets talk about small pairs OOP as a shorty

According to HOH, you need about 24M to get the right implied odds for all the times you get raised out, miss the flop,etc.

If you're at 10BB, then you are at about 5M (because you have antes now) and about to to go thru the blinds, so I think he advocates moving in.

Not that Harrington is god or anything, but if he says you need 24M to limp and you are at 5M, then I think it has to be very -ev
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  #3  
Old 08-14-2007, 10:41 PM
kuro kuro is offline
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Default Re: Lets talk about small pairs OOP as a shorty

There is no way that limping small pairs utg with 10 bb is ev neutral or ev positive. Late in the tourney everyone is blind stealing and you're going to see a raise or a push behind you too much of the time to justify limping. You simply aren't going to see a flop enough to justify limping for set value. You don't really have enough of a stack to limp-reraise all-in and get a fold either.

I think conventional wisdom is to fold or push preflop based on your image and the image of the table.
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  #4  
Old 08-14-2007, 11:48 PM
BarryLyndon BarryLyndon is offline
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Default Re: Lets talk about small pairs OOP as a shorty

[ QUOTE ]
There is no way that limping small pairs utg with 10 bb is ev neutral or ev positive. Late in the tourney everyone is blind stealing and you're going to see a raise or a push behind you too much of the time to justify limping. You simply aren't going to see a flop enough to justify limping for set value. You don't really have enough of a stack to limp-reraise all-in and get a fold either.

I think conventional wisdom is to fold or push preflop based on your image and the image of the table.

[/ QUOTE ]

When my M is 5 and is about to raped again, I'm pushing with pocket 5s so [censored] hard because I know that there is only a 1:16 chance of someone hitting a pocket pair and there are 9 players at the table and if AK or KQ or [censored] A10 calls me, I'm happier than a pig in [censored] because I actually have a chance to advance in the tournament. I never ever never ever never ever ever am folding 55 with an M=5 (unless satelite conditions apply or the next payout is enough to pay ~25% of my law school loans) and the blinds about to hit nor am I limping with it so that 97o gets a free [censored] card from the BB where he would have folded and I would have picked up a nice chunk relative to my stack nor will I limp because of the whatever chance I have of hitting a set if all other players at the table choose to accomodate me AND THEN the flop chooses to accomodate me.

Barry
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  #5  
Old 08-15-2007, 12:08 AM
feelixthegreek feelixthegreek is offline
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Default Re: Lets talk about small pairs OOP as a shorty

What about the % of the time someone raises and you call? Is that ever a consideration?
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