| Poker questions |
Friday, June 09 2006 09:30 PM EDT |
Contributed by: jr4284 |
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So where's the actual line for justifying that a "push when folded to" strategy is +EV? I'm going to do some math out here, but please, you wizards of probability, correct me if I'm wrong... (Long)
For the sake of simplification, we'll assume that everyone to act after you has an equal "calling range" of any pocket pair, AT+ (suited or off), KQo/s, KJs. I think that's a "fair" range to call a short stack, if a little on the loose side. We will also assume that if one person calls, no one else will.
Pokerstove tells us these things: 12.2% of the time an opponent will be dealt a hand in this range.
Also:
equity (%) win (%) tie (%)
Hand 1: 33.8302 % 33.07% 00.76% { random }
Hand 2: 66.1698 % 65.41% 00.76% { 22+, ATs+, KJs+, ATo+, KQo }
Let S represent your stack in terms of Harrington's M.
Equities:
+(1M) <--Everyone folds
+(S+1M)*.34 =+.34S + .34M <--Call/win
-(S)*.66 = -.66S <--Call/lose
Total "called" equity: -.32S + .34M
Players left to act:
9: (UTG)
(1-0.122)^9=0.310 <-- How often you'll steal the blinds/antes
(+1M)(.31)+(-.32S+.34M)(.69)= -0.221S + 0.5446M
***S = 0.545M/.221 = 2.46M***
8:
(1-0.122)^8=0.353
(+1M)(.353)+(-.32S+.34M)(.647)= -.207S + .573M
***S = 0.573M/.207 = 2.77M***
7:
(1-0.122)^7=0.402
(+1M)(.402)+(-.32S+.34M)(.598)= -.191S + .605M
***S = 0.605M/.191 = 3.17M***
6:
(1-0.122)^6=0.458
(+1M)(.458)+(-.32S+.34M)(.542)= -.173S + .642M
***S = 0.642M/.173 = 3.71M***
5:
(1-0.122)^5=0.522
(+1M)(.522)+(-.32S+.34M)(.478)= -.153S + .685M
***S = 0.685M/.153 = 4.48M***
4:
(1-0.122)^4=0.594
(+1M)(.594)+(-.32S+.34M)(.406)= -.130S + .732M
***S = 0.732M/.130 = 5.63M***
3: (Cutoff)
(1-0.122)^3=0.677
(+1M)(.677)+(-.32S+.34M)(.323)= -.103S + .787M
***S = 0.787M/.103 = 7.64M***
2: (Button)
(1-0.122)^2=0.771
(+1M)(.771)+(-.32S+.34M)(.229)= -.073S + .849M
***S = 0.849M/.073 = 11.63M***
Wow... Definately not what I thought they would be. These numbers shout to me that I'm passing up far too many +EV situations in later positions by folding marginal hands. I never would have thought that you can be sitting with 11M and have an "any 2" push be +EV. Time to loosen up my late position game.
Comments/corrections?
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