Omaha
High/Low:
MAIL
CALL
BY:
Russ Fox
"If
there are no stupid questions, what kind
of questions do stupid people ask? Do
they get smart just in time to ask questions?"
Scott Adams
There's
one time of year I don't have to look
at a calendar to know what I'm going to
be doing. As an Enrolled Agent, it's the
season for my clients to ask me all sorts
of wonderful questions about income, deductions,
etc. Only two months until April 16th,
thankfully. In that spirit, here are some
email questions that I've received (along
with my answers).
Question,
from Marc (city withheld). "I was holding
5678 single suited, and got a great flop
for my raise: 569 rainbow. The turn completed
the rainbow, and gave someone the low
(2). When the board paired (5) I knew
I was getting half the pot�I couldn't
believe it when the idiot next to me turned
over KK99 and got the high. What should
I have done differently?"
Answer.
Marc, if you are going to play 5678 (and
raise with it), you are going to suffer
the consequences. People who live in
glass houses� .
Question,
from (withheld). "I was at a table with
you recently�at least I think it was you
(it looked like your picture). In the
two hours I was there you only played
two hands past the flop!"
Answer.
I must have had good cards that day.
Question,
from Robert, Chicago, IL. "I held 8899
double suited, and decided to play my
hand because the jackpot was up to $85,000
(four eights or better beaten). I flopped
top set (258, two clubs - I didn't have
any). The turn was an offsuit King, but
the river was the Q.
I folded (the flush was out against me),
but I think I should have done some things
differently."
Answer.
Yes, I'd agree that you should do something
differently. First, don't play a hand
just for the jackpot. They happen so rarely
that it's almost pointless to do so. Once
you play the hand you're just sort of
stuck there until the flush comes. That's
the danger of a one-way hand: 8899 has
a very low scoop potential.
Question,
from Arnold (city withheld): "I lost a
$500 pot when my opponent got his one-outer
on the river! I held KKQJ,
my opponent held TT23,
and the board was QQK/T/T.
I was so mad! What could I have done differently?"
Answer.
Nothing. If your opponent wants to stay
for runner-runner quads, you need to respond
(at the end of the hand), nice catch without
any anger! Trust me, he'll be a contributor
to your wallet for a long, long time.
Question,
from Adam (city withheld): "I was playing
in a game with a maniac. He raised with
every hand he held, highlighted by his
raise with 7772 (it was suited!). I lost
a lot of money in that session when none
of my draws came home. What could I do
differently?"
Answer.
When you're playing against a maniac,
you must play quite tight, and be willing
to fold many of your draws. You will also
have a much higher variance than normal.
So there may have been done nothing to
do about your results.
Question,
from Brett (city withheld): "I bought
a new property for $2 Million in a �1031
exchange�."
Answer.
Sorry, tax help is by appointment only.
As
a final thought, remember that discouraging
bad play decreases your income.
Be happy when your opponents make their
one-outer draws (and the like). Over time,
they will
contribute to your winnings.
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