Woody wrote:LA forgot to mention they were playing with a 7-deck shoe.
In that case you stay, AJ is already blackjack.
Woody wrote:LA forgot to mention they were playing with a 7-deck shoe.
The Red Tornado wrote:Laexile wrote:I did, even knowing that he probably a better hand. Acame on the River and it turned out he K
8
and the other guy had the Q
. K
8
was disappointed I didn't fold, but with the pot size and my hand I had to roll with it. Because all three bet round limit on the River, the final take on the hand ended up being around $75. I played very few hands due to bad cards, but finished way up as a result.
The flop had 2, not three. He made his flush then and couldn't get me or the other guy to fold.
How could the river be the Awhen you had the A
? Cheating?
The Red Tornado wrote:Laexile wrote:I did, even knowing that he probably a better hand. Acame on the River and it turned out he K
8
and the other guy had the Q
. K
8
was disappointed I didn't fold, but with the pot size and my hand I had to roll with it. Because all three bet round limit on the River, the final take on the hand ended up being around $75. I played very few hands due to bad cards, but finished way up as a result.
The flop had 2, not three. He made his flush then and couldn't get me or the other guy to fold.
How could the river be the Awhen you had the A
? Cheating?
thephan wrote:pacino's posting is one of the more important things revealed in weeks.
Calvinball wrote:Pacino was right.
Disco Stu wrote:Never read any poker boards before, but was just reading a thread on 2+2. They were talking about never folding AA preflop which seems like something they all yell about at all the newbies there. Hypothetical 9 person table and 8 push all in and there you are with AA. Do you go all in? I don't think the obvious yes is so obvious.
thephan wrote:pacino's posting is one of the more important things revealed in weeks.
Calvinball wrote:Pacino was right.
dsp wrote:where the pacino are these games and how may i take your money?
pacino wrote:is it a tourney or cash? do you have most of your bankroll on the table? if so, why do you?
that scenario will never happen, but there will certainly be a couple times where you have AA and you are facing 3 allins in front of you. call based on your stack relative to the other people, whether it's a cash game, and whether you want to be in positive situations to make money
trt - when i saw the standings this morning i was surprised, to say the least, that you came in 3rd. WTF happened?! Kevin is a decent player, but the guy next to you just waits for KK or AA to push allin and the other kid seemed jittery(though he made good moves to steal blinds)
your boy eric played pretty well but didn't seem to get in many situations where he had the best hand or had a hand good enough to call any big bets.
those friday tourneys turn into WPT allin pushfests though.
Disco Stu wrote:Never read any poker boards before, but was just reading a thread on 2+2. They were talking about never folding AA preflop which seems like something they all yell about at all the newbies there. Hypothetical 9 person table and 8 push all in and there you are with AA. Do you go all in? I don't think the obvious yes is so obvious.
seke2 wrote:Disco Stu wrote:Never read any poker boards before, but was just reading a thread on 2+2. They were talking about never folding AA preflop which seems like something they all yell about at all the newbies there. Hypothetical 9 person table and 8 push all in and there you are with AA. Do you go all in? I don't think the obvious yes is so obvious.
DS, I was gonna reply this weekend but I forgot...but I'll respond now.
Your hypothetical situation is a little different because you are creating a potential $EV/cEV divergence situation. The "never fold AA" stuff is based on assuming there aren't any weird payout implication. Basically:
1) If this is a cash game, folding is horrible period no questions asked. AA has ~33% equity against 8 random hands and ~20% equity against 8 other players all holding top 15% hands. With 20% equity, you are putting in 1/9th of the money getting like 5:1. That's too good to pass up no matter who you are or what skill edge you believe you have. And you probably have more than 20% equity, that's a pretty bad case. In fact, even if you see another player has exactly AA, you are still getting adequate pot odds with the other 7 non-AA-holding players on a top 10% range.
2) If this is the early stages of a MTT and there are no weird payout implications, folding is horrible for the same reasons. Chip EV does not diverge from $EV until you are in/near the money.
3) If this is a STT with 9 players and you are on the BB and 8 players move in ahead of you, this actually gets interesting.
Hero has AA, and we'll assume the other players all have this range:
22+,A9s+,KTs+,QTs+,AJo+,KQo (any pair, any decent ace, most two-broadway hands).
Against that range, Hero's AA has 21.4% equity.
I'll make the following assumptions:
All players start with equal stacks (if not, this gets very weird and impossible to calculate with any degree of reason, though I'm guessing the overall conclusion would similar unless the stacks were really weird/imbalanced).
If all 9 players get all in, 8 players will evenly split the prizes for 2nd and 3rd and 1 player will win first.
If Hero folds, he will automatically get 2nd and will play the other guy HU for 1st.
Payouts are standard STT structure, so we'll say $50 buyin and $250/$150/$100 prizes (ignoring rake for sake of simplicity).
So, the possibilities:
Hero calls and has 21.4% equity.
21.4% of the time, Hero wins $250
78.6% of the time, Hero wins $250/8 = $31.25
Hero folds and plays HU for the rest of the money.
Initial:
100% of the time, Hero wins $150
Now, Hero will have an 8:1 disadvantage, and we'll assume players are roughly equal so there is no equity edge, and the chipstack ratio basically indicates the odds, so Hero wins 1st 1/8 of the time and comes in 2nd the other 7/8.
That means that 12.5% of the time, Hero wins an additional $100.
So in the calling scenario, we have this:
(.214 * 250) + (.786 * 31.25) = 53.5 + 24.6 = $78.06 of equity when Hero calls
In the folding scenario, we have this:
$150 + (.125 * 100) = $162.50 when Hero folds.
So, as you can see, in this particular bizarre scenario, folding AA is correct because you gain more equity by taking a guaranteed 2nd place than you do by calling and winning. Even if you're up against 8 totally random hands and you have ~33.5% equity, it's still not a call. But this is only because chip EV and $ EV are diverging.
The Red Tornado wrote:seke2- what do you feel about folding aces to a preflop all in in the 1st hand of the main event? The example being is that youre BB and it gets folded to the SB who goes all in. Ive heard some say that even doubling up at this stage doesnt increase your chances enough to win the whole shebang vs. the approx. 20% risk of going out on the 1st hand. Do you agree or disagree?
seke2 wrote:The Red Tornado wrote:seke2- what do you feel about folding aces to a preflop all in in the 1st hand of the main event? The example being is that youre BB and it gets folded to the SB who goes all in. Ive heard some say that even doubling up at this stage doesnt increase your chances enough to win the whole shebang vs. the approx. 20% risk of going out on the 1st hand. Do you agree or disagree?
Obviously retarded, anyone who folds aces in that spot is ridiculous and the only compelling argument to fold is that you are putting a higher value on being able to spend time playing the ME than you are on winning the tournament.
Most good players acknowledge that their skill edge is too small to fold when they know they are getting like, 60/40 or 55/45 spots, so when you're getting an 80/20 spot, you don't fold, ever. Most good players on 2p2 would not fold QQ on the first hand if the SB moved all in and exposed AK because part of having a skill edge is is knowing that you're not good enough to fold any reasonable equity edge. 55/45 is too much edge to fold, most likely.
So obviously, anyone who folds aces on the first hand is pathetic. Not to mention ESPN would probably end up rushing cameras over to the table when they heard someone was in on the first hand...and do you really want to be the guy who folded aces?
Doubling up might not double your chances of winning, but it improves your chances by enough that you can't fold that kind of edge. If you have a skill edge, it comes from NEVER EVEN CONSIDERING a fold with AA in a non-$EV/cEV divergence spot, period.