Hi
I'm having a little difficulty here in terms of deciding whether it is profitable (+EV) to continue in a hand.
The calculation I have is:
Pot : Price to continue > Bad cards : Good Cards
So the odds of bad cards vs good cards must be greater than the ratio of what we have to put in pot to pot...in order to profitably continue in the hand.
Ignoring implied odds of course.
EG.
Hero: 6 :diamond:7 ![]()
Flop: A :diamond:3
5 ![]()
Pot is at: 12$ (1$/2$)
Villain bets 8$ to us
So... 20:8...5:2 therefore about 2.5:1 (Pot ratio)
Bad cards : good cards
rest : 9 diamonds + 3 fours left (excluding the diamond one)
52 - 5(in hand and on deck) - 12(good) : 12
35 : 12
simplified to
2.916 : 1
Together:
2.5:1 !> 2.916:1
odds on the pot are not greater than the odds to improve on the turn
therefore, barring implied odds and all other factors it is not profitable to continue with the hands.
Is this correct?
Thanks