Universal
Truths of Poker 4
BY:
Ashley Adams
Contact at: (Asha34@aol.com)
Author of Winning 7-Card Stud
In
my prior columns I covered five of the
six Universal Truths of Poker (UTP). Here's
a quick review for those of you who haven't
been keeping track.
UTP #1 Don't Play When Tired
UTP #2 Don't ever drink when playing poker
UTP #3 Don't play beyond your bankroll
UTP #4 Bluff More in Short-handed Games
UTP #5 Play tight in a loose game and
loose in a tight game
UTP #6 Never Draw to an Inside Straight.
This
is largely a holdover from the days when
Draw Poker was king. It's immortalized
in movies and books, especially well-remembered
as an utterance from that fictitious poker
playing cowboy Brett Maverick. But is
it always sound advice?
Usually it is. Usually it doesn't make
sense to go for that one single rank of
cards needed to fill an inside straight.
For example, if you hold 4-5-6-8-K in
5-Card Draw you should generally not call
a bet, discard the King, and then draw
on card hoping to get a 7. You're unlikely
to be winning enough if you win to warrant
the cost of drawing one of only four cards
that will give you a Straight. And even
if you do get your Straight you may still
lose. So, for 5-card Draw at least it
isn't a bad rule of thumb.
That being said, it's important that you
understand why it does or doesn't make
sense to draw to an inside straight.
First, let me explain the simple math.
In a game of 5-Card Draw, when the only
cards you see are your own, if you draw
to an inside straight, 4 out of the 47
unseen cards will make your Straight.
Four times you will make your Straight;
43 times you won't. That's roughly 1:11
odds. So for the bet to make sense you'll
need to get at least 11 times the money
it costs to call for the call to make
sense.
In a limit 5-Card Draw game that's rarely
the case. If the game's the standard casino
$10/20 game, with two blinds, that means
that there will be $15 in the pot initially.
If someone raises to $20, if two players
call the pot before you, you're getting
$75 for your $20 call. That's 3.75:1 -
hardly the 11:1 you're looking for.
But
now imagine that you're in a very loose
game. Imagine that you have the same structure
as above but instead of two callers you
have 4 callers. Instead of a $75 pot you
have $115. If the blinds call as well
you have $130. You're getting $130 for
your $20 call. That's better than the
last example but still well short of the
11:1 odds you want to call.
But here's another scenario for you to
consider. Imagine you aren't playing 5-Draw
but 7-Card Stud. It's Sixth Street, the
next to last betting round when you have
six cards.
It
has been one of those typical low or mid
limit games with a lot of loose players
staying in the game. On Fifth Street five
of you called the bet from the guy with
the Ace showing who had been betting the
whole way. In this $5/10 game, there's
$130 in the pot as you receive your sixth
card. You have 4-5-6-8-K and receive a
10. It doesn't help you at all.
The
guy with the Ace up still doesn't show
a pair. Even so, he bets $10. The other
players fold to you. You have an inside
straight draw.
If
you don't hit your 7 you are sure to lose.
You haven't seen any 7s among the 28 cards
that you've seen. Even so, one of the
UTP that you've known all your life is
that you don't draw to an inside straight.
So what should you do?
There's
no question about it. You should draw
to the inside straight. Some simple arithmetic
shows you why.
With
28 cards seen (22 in front of other players
plus 6 of your own) that leaves 24 unseen
cards. Of those are four 7s. Four cards
make your Straight and 20 cards don't,
or simplified 5:1 against you drawing
the 7. That's a lot better than your 11:1
odds of drawing one in a 5-Draw game.
So
if it's 5:1 against you then the pot needs
to be offering you at least that much
to make it proper to call. Well, the pot
is now $140 ($130 on Fifth Street plus
your lone opponent's $10 bet). That's
14:1, a huge overlay, certainly worth
a call. In fact, it's even a better bet
than that because you'll almost certainly
get another $10 if you make your hand,
but will fold to a bet if you misss So
go ahead and call.
Lest
you think that the only exception to the
UTP come with Stud poker, just think about
Pot Limit and No Limit games for a minute.
You can surely imagine situations where
the possibility of making relatively large
bets on the end can make calling relatively
small bets early correct when you're drawing
to an inside straight. For example, if
you're playing 5-Draw and 5 players call
the $10 blind, your $10 call can make
sense even though the pot is only $65.00.
That's because if you hit your hand after
the draw, something that we've seen only
happens about 1 out of 12 times, you can
expect to win at least $130. If the pot
is checked to you and you bet the Pot
of $65 there is a strong chance that at
least one and maybe two players will call
your bet - if only because they suspect
you're bluffing with a hand they can beat.
Poker,
when it is played correctly, is not a
simple or mechanical game. As we've seen
with other UTG, if you want to improve
your play you need to think more deeply
about the reasons behind these generalizations
and be willing to find the exceptions
to these general rules.
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