Have you discovered that you are way behind on your handicapping games? Maybe you are in the middle of a streak where you are doing fine, yes you may be up a little, but you just know that you can still do more. Maybe you just finished a long run with a big win, but you just don’t get it yet. When you find yourself in either of these situations it is time to look at the right time to get out of it.
Johnny Reaves once said, “The ace of spades is the one of my best friends, and the greatest card to play.” That may be true, but it also could be his greatest sin. The gamblers bible, sharps, tells us this: “The sharp player will always bet when he has the edge; but a person who is too stupid to realize he is being bluffed is liable to call or bet when he should fold.”
This also applies to the Margingale player. Sharp players will always bet when they have the edge, and will always bet against inferior hands. But you know what they say about folding when the odds are against you. The Margingale player will call or even raise with an inferior hand from out of position when he has nothing, just because he doesn’t want to lose the chips it will cost him to see another card. This is the greatest mistake of all.
There are many amateurs that have no idea how to lay down marginal hands, and play no hand when they have nothing, simply because they don’t know what to do with it. Another example would be giving a loose player a free card when you know you have better odds of winning the hand at the river.
The Margingale player is the type of player that can’t fold, and won’t fold a hand that is statistically dominated. To exploit this weakness, you must know the following:
The probability of your opponent calling a bet on the flop with an out suffered by the leader.
How likely are the probabilities of a call on the flop and turn against you?
How probable are your opponents calling ranges?
To calculate your opponent’s calling ranges, you need to be able to determine the average equity of your hand against any possible hands your opponent may have, given his open raise. You need to determine the average equity of your hand against hands that your opponent may be raising with, and the likelihood that theituario will call your raise.
Calculating odds requires you to be able to determine the probability of a call, as well as the likelihood that the opponent will call a bet you make. In this case, you don’t need to know the exact odds, since you already have one in mind. The odds you have of winning the hand are the average likelihood that your opponent will bet another half of the pot on the flop when you make a bet, plus the amount of money you will invest to see the flop. More specifically, you have a roughly 5:1 ratio of odds to equity. When you calculate the probability of a call, just take the average amount of calls in all games, games with multiply numbers of cards, and games with no multiply numbers of cards.
To learn more about calculating dewalive odds, watch how the odds are formed in a simple110 handof poker, and when the odds are the highest, as in the case of a flush draw with ailer cards face value, the pokerodds tablecan be used. The odds can be calculated easily, from the data that you have available. Start by opening the window containing the pokerodds for the first time, and query it to ensure that the strategy of the hand is not dominated.
After knowing all this, it is necessary to define the poker odds. Odds are always relative, they are defined as the probability of a specific outcome occurring. They are not absolute or exact, since they were only calculated based on the cards that can be seen at this moment in time. Every situation is different, so the poker odds cannot be made precise at all times. If the probability of making a call on the flop is 20%, then the pokerodds ratio should be 1.5:1, the ratio of the probability of a call is 1.5 times the probability of an all-in. In other words, in the case of having one card to hit your hand, the poker odds are 1.5 to 1, which means that if you will call, you will also have to put in a bet.
If the probability of making a call is higher, the ratio of the probability of an all-in will be greater, and the poker odds will be to a lesser degree (some exceptions occur, such as when you want toinfo your opponents about your hand).