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Server Time: 8/28/2008 8:10:15 PM PACIFIC |
 pot odds and Tourney ?, spawgan, 8. Sep 2003 17:48 | ||
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| My question is this, while I understand the idea behind pot odds are if you are getting better odds from the pot that the odds against you making your hand, over time if you make the call to the draw it will be a profitable play. In otherwards if the pot odds are 6 to 1 and the odds against making the hand are 5 to 1 if you make this call the one time you make your hand your profit will be more than the loss the other times you don't make the hand. (please if I have this wrong, let me know). However in a tourney, once your chips are gone, they are gone and you are out. So if the 5 time to make the call are going to take your stack and you don't get the sixth chance to call that theoretically would make your profit, then you loose. DO Pot odds really apply in the tourney setting? | ||
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| Re: pot odds and Tourney ?, Mike Caro, 13. Sep 2003 01:25 | ||
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| on 8. Sep 2003 17:48 spawgan wrote: > My question is this, while I understand the idea behind pot odds are if you are > getting better odds from the pot that the odds against you making your hand, > over time if you make the call to the draw it will be a profitable play. In > otherwards if the pot odds are 6 to 1 and the odds against making the hand are 5 > to 1 if you make this call the one time you make your hand your profit will be > more than the loss the other times you don't make the hand. (please if I have > this wrong, let me know). > > However in a tourney, once your chips are gone, they are gone and you are out. > So if the 5 time to make the call are going to take your stack and you don't get > the sixth chance to call that theoretically would make your profit, then you > loose. DO Pot odds really apply in the tourney setting? Hi, Spawgan -- Yes, pot odds apply in proportional pay-out tournaments, but in a different way. You have to take into consideration that what you're winning in the pot isn't purely money. It's only a ticket to advancement and isn't worth full value. You can see this easily when you consider that the first-place winner in a tournament must gather all the chips and then be penalized by using them to pay the top finishers already conquered. For this reason, you often need greater pot odds in a tournament than would justify the risk in a regular game. Hope this helps. Straight Flushes, Mike Caro | ||
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