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Question raised by Mike Caro article, blisterfoot, 19. Dec 2003 13:14
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Before I begin, I also just posted two new messages on the "News, Views, and Rules" thread that I need help with--please take a look if you have a chance. Thx

OK, Mike Caro has an article on his website titled "Sure You Can Play Overcards In Hold"em - But That Ain"t All", in which he argues that if you'd call with 2 overcards, you're even better calling with one overcard and an inside straight draw. The argument is that you've got one more out, and making your straight is a stronger hand than just pairing one of your overcards. This link should take you to the article -- http://www.poker1.com/newsmanager/templates/mculib_articles.asp?articleid=53&zoneid=6

Makes obvious sense at first blush, but raises a big issue for me. if my overcard plays in the straight draw, then doesn't that simultaneously DEVALUE my hand somewhat, since pairing the overcard might actually lose me the hand by completing someone else's straight?

E.g., I hold A-9 suited and the flop comes K-J-10 rainbow. That gives me an overcard and an inside straight draw, which SOUNDS good, but if my overcard (or kicker) pairs on the turn or river, that would complete a straight for anyone holding a Q! My (admittedly novice) instinct would be to fold this hand on the flop (unless there were 4-5 people still in the hand, giving me a good price for my straight draw, or if I felt I a bluff might succeed, etc.).

I know this is a bit of an extreme example, but it seems that ANY time you hold an overcard that gives you an inside straight draw, pairing that overcard holds some risk of completing an opponent's straight.

How should I be thinking about that value trade-off? I.e. the trade-off
between the ADDED value of my inside straight draw, vs. the DECREASED value from the risk of completing someone else's straight when I pair my overcard? I know there are many factors to consider (e.g. how many opponents, position, etc.), but I need some general principles or rules of thumb to work with.

Thanks e1
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