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Note: Please disregard my post(s) below. I am way overtired and not thinking straight. Thanks. Maybe this thread should be locked. ♠_o:
Greetings all,
In the hand I present below I thought that my opponent was making a poor call by calling my Steal Reraise. The reason is because he would be calling $945.00 into a pot that is only $1545.00. His call is 61% of the pot size while he only has a 57% chance to win.
However,
I just realized that if my opponent counts all of the money he has added to the pot thus far, in reality he is only spending a little less than 50% of the pot size (due to the blinds) while having the chance to win 57% of the time.
Sadly, ♠_mad: this is not a concept that I have understood until this moment, despite playing Poker on and off for the last year. I have just been following the Pokerstrategy odds chart and making a decision at each individual street based on what the chart says. I have not taken into consideration the money I already added to the pot preflop and on prior streets.
I believe that back when I began playing that I did take the money already added into consideration, but I posted in a different forum at that time and was told that Pot Odds are based individually per street and so I changed my method. ♠_cry:
Anyway, I am hoping I can get some responses from other people who do not currently understand this concept and some explanations on how it's done, from those that do know.
Thanks!
Full Tilt - $2+$0.25|40/80 NL - Holdem - 4 players
Hand converted by PokerTracker 3
UTG: 2,335.00
BTN: 6,590.00
SB: 3,390.00
Hero (BB): 1,185.00
SB posts SB 40.00, Hero posts BB 80.00
Pre Flop: (120.00) Hero has A♥ Q♣
UTG raises to 240.00, fold, fold, Hero raises to 1,185.00 and is all-in, UTG calls 945.00
Flop: (2410.00, 2 players) 7♠ 3♣ 2♦
Turn: (2410.00, 2 players) 5♣
River: (2410.00, 2 players) 2♣
Spoiler
UTG shows T♥ T♠ (Two Pair, Tens and Twos) (PreFlop 57%, Flop 74%, Turn 77%)
Hero shows A♥ Q♣ (One Pair, Twos) (PreFlop 43%, Flop 26%, Turn 23%)
UTG wins 2,410.00