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is beeing slight dog such a huge mistake?

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TomGrill

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39 posts
Joined 06/2007

ok the videos say we should always try to be a favorite in allin situations. being a favorite in plo seems to be 55% or better.

example:
Player A has 45%
Player B has 55%

each of them have 100bb stacks and they bet/raise allin on the flop. How can Player A not call in situation where the pot odds offer him a +EV allin/call. i think in most cases the pot odds allow him to call. exspecially in 3bet pots.

is it really such a big deal when we go broke with a less 50% potequity when we get the right odds?

Posted over 2 years ago

orestto

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1407 posts
Joined 07/2009

We make money as the 45% dog because of pot odds, but win even more and have less variance when we are the 55%. So try to be the 55%. It's not that hard to be the one on the winning side, just play hands that flop really strongly overall. Try to have backdoor equity. Backdoor flushes are about ~2.5% each, and back-door straight draws can add between ~1-3.5%. So play connected, suited hands. Overcards and higher two pair outs also add significant equity.

Posted over 2 years ago

live_straddle88

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360 posts
Joined 04/2008

I think the root of your question can be answered by yes, saying pot odds can skew your decision to call the money off as a slight dog from an equity standpoint. Of course getting it in as an equity favorite is always preferable.

On a related note, don't forget that fold equity is your friend (i.e. semibluffing then having to call if off given pot odds even though slightly behind) and imo there are some small intangible benefits to putting the money in in slightly behind spots as well (i.e. fearless/donk table image, tilting villians into putting the money in very badly later in the session, etc). Just don't take that idea too far and use it too often as massive spew is likely to ensue.

Posted over 2 years ago

HRPaperstacks

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2192 posts
Joined 07/2009

Huh? If my wager costs less than my equity in the proposition, isn't that always a good gamble, by definition?

Barring concerns about variance and risk of ruin, I thought it was the fatness of your edge that matters, not the relative magnitude of your equity. If a 60% favorite is paying 70% of the pot, that's a losing proposition and the reason why casino table games are profitable for the house. Conversely, if a 40% dog is paying 30% of the pot, that's a nice 10% overlay that anyone should be happy to take.

What concerns me about a dictum to "always try to be the favorite" is that it might lead to weak/tight play and folding to semi-bluffs too often. Unless I have the stone nuts, there is always the possibility of my being a dog in a hand. That doesn't mean I should fold. I'm never folding if I have an overlay in the pot, even in the worst case of Villain's range -- as long as I'm not drawing dead.

Posted over 2 years ago

lostevil1

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385 posts
Joined 03/2010

Just ask yourself are you folding an aces w/ the nut flush draw on an non connecting King high board when your opponent check-shoves the flop after flatting your 3bet pre, the answer is no. We all know in this situation the guy has a set of kings 90% of the time and we are on the wrong side of a 60/40 situation. It is just part of PLO getting your money in bad happens. And it happens the other way too, we all have been where we get the money in as a 80/20 favorite and the guy catches one of his five outs to beat your hand. It is just part of the variance of PLO.

Posted over 2 years ago

stanmore

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3495 posts
Joined 03/2010

Gambooool.

So PLO is just really easy to get past the point of no return.

Posted over 2 years ago

heh

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770 posts
Joined 02/2009

The problem is that we can establish situations where our last decision is almost always profitable when looking at it from a pure odds perspective.

Posted over 2 years ago

HRPaperstacks

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2192 posts
Joined 07/2009

The problem is that we can establish situations where our last decision is almost always profitable when looking at it from a pure odds perspective.


Good point. For example, reasoning that a bet IP HU on a wet flop is a good play because, if Villain check raises, the all-in call will be correct against Villain's likely range, obscures the fact that checking back might be the better play.

Posted over 2 years ago

DJ Sensei

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3163 posts
Joined 10/2007

Great thread, dudes! In fact I just recorded a DC Short about it. So, keep your eyes peeled for that soon.

Posted over 2 years ago

DJ Sensei

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3163 posts
Joined 10/2007

COCKBOAT

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31 posts
Joined 06/2010

heh

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770 posts
Joined 02/2009




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