July 2, 7PM
Downtown, out back
20/20/10-Early Bird
This will be a special memorial game, dedicated to the memory of the dear, departed Full Tilt Poker, and my $6.5 million in play money (and somewhat less in real money,) now lost to us forever.
I was winning when the site went down.
So for fun let us examine the math my friends…
KK vs. 7-8 suited preflop——->
Odds to win:
KK=78.3%
7-8=21.3%
Flop = Js 7h 7d
Odds to win:
KK=8.89%
7-8=91.11%
Logic used to take 7-8s up against KK with a 4 bet preflop:
Using pot odds to determine expected value
When a player holds a drawing hand, or a hand that is behind now but is likely to win if a certain card is drawn, pot odds are used to determine the expected value of that hand when the player is faced with a bet.
The expected value of a call is determined by comparing the pot odds to the odds of drawing a card that wins the pot. When the odds of drawing a card that wins the pot are numerically higher than the pot odds, the call has a positive expectation; on average, you win a portion of the pot that is greater than the cost of the call. Conversely, if the odds of drawing a winning card are numerically lower than the pot odds, the call has a negative expectation, and you can expect to win less money on average than it costs to call the bet.
[edit] Implied pot odds
Implied pot odds, or simply implied odds, are calculated the same way as pot odds, but take into consideration estimated future betting. Implied odds are calculated in situations where the player expects to fold in the following round if the draw is missed, thereby losing no additional bets, but expects to gain additional bets when the draw is made. Since the player expects to always gain additional bets in later rounds when the draw is made, and never lose any additional bets when the draw is missed, the extra bets that the player expects to gain, excluding his own, can fairly be added to the current size of the pot. This adjusted pot value is known as the implied pot.
Thanks for the wisdom, oh master.
Going to go to the last space shuttle launch Friday July 8 trying to make a road trip out of it so let me know if interested in going
Never-mind I think the launch is in FL
Dude, are you high? EVERY launch is in Florida.
No doubt! Command is in Houston.
Houstin, Hollywood has a problem!
“A gaming commission in Britain’s Channel Islands said Wednesday it shut down Full Tilt Poker, one of the world’s most popular poker websites, ratcheting up pressure on an industry already reeling from a crackdown by the U.S.”
Now I can’t even play pretend poker anymore. 🙁 I hope FTP gives me back my $6.5 million in play money!