When to Pass Up an Edge

Automatic TRANSCRIPT

Strategy question comes to us from e. n. and i'm actually going to paraphrase a little bit because he asked about it in the context of a specific hand but i think that the specific hand is is not terribly important but question was just kind of about when to pass up an edge in tournaments You know the idea. If this is a soft field you can come. Continue to accumulate shifts. Maybe without getting all in or without taking a big risk of elimination. And how should you make these decisions of Essentially valuing your tournament life to say even though this might be plus chippy play How should i think about. Maybe it's not worth the risk. And i can find better plus. Tbb plays by folding now and trying to continue to play later so basically we said is. Is there a way to gauge your edge to justify folding in spy where you're tournament life is on the line i would say the short answer is yes. I have a video series on tournament poker edge which gets to this a little bit. It's called getting off on the right foot. It's about thinking in terms of ev when you're playing tournaments as opposed to Thinking in terms of dislike you know winning the tournament or something like that get into the topic of a little bit there but you know basically you can measure your win rate in a tournament the same way that you can in a cash game. We're trying to estimate it the same way. So i think most people are familiar with this idea of big blinds per hundred a win rate and cash game players certainly are familiar with it in tournaments big blinds. One hundred is not the only thing we care about because you know there are things like icm and stuff like that. But essentially big blinds per hundred is a measure of like for every hundred hands that you play. How many big blinds do you win on average. And that's a more than useful studying cash games because the situations are more similar to each other. Like you know if you play. Fifty thousand hands of online cash. No limit holdem. Those fifty thousand hands are like. There fairly often played with similar stack sizes. They played with similar number players at the table. they're not usually played with Aunties often they played against a field of of many he might play with the same person thousands of times over the course of those fifty thousand hands so they are a little bit more comparable to each other even so like if you have a big enough sample size of tournaments you can start to get a sense of. What is your win rate. Look like in tournaments. I will say. I mean you can at least get a sense of like what are the. What are the bounds. Like what kinds of win rates are are reasonable. And i think this is where this is really what we're interested in anyway. I think one thing that happens a lot in tournaments is people get into spots and rather than trying to figure out the actual. Ev of leeann like they're facing they raise and then somebody jams on them and like rather than trying to actually figure out the call. They'll i think it's frankly it's kind of a lazy approach. They'll just kind of shrug and be like well. I don't want to risk it. I can accumulate chips more. Like i have an edge. I don't wanna risking eliminate. I'm just gonna fold this. I i think it's i it's worth figuring out like. How much would it be worth to you to call. You should know how to do that. And i definitely. I talked about how to do that in that getting off on the right foot series but basically it's just a matter of looking at your pods compared to how much you need to call and assessing your equity versus the opponents range so i think i you need to put a number on. What is it worse to me to call and something to understand. Is that even calls. That might not seem like they're worth very much like maybe you're facing twenty five big blind shove and calling only has an ebay of like plus half a big blind. So why am. I going to risk twenty-five big blinds to try to win half the big blind winning half a big blind in a single hand translates to fifty big blinds per one hundred hands played a win rate of fifty big blinds per hundred dutton astronomical enraged. If you could actually win half a big blind every single hand that you played you would be the greatest poker player in the

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