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Betting busted draws
How do you gauge when to bet with a busted draw on the river?
I played a $1/3 session at Bellagio recently where I twice found myself on the river with a busted draw and wasn’t sure if this was a “bet the bottom of my range” situation or more of a “give it up because you’ve already been called a few times and are going to lose more money” situation, haha.
I think in both cases, I was the aggressor, in position, pursuing the front-door flush draw, got called down along the way, and ended up with air on the river.
What are some of your mental checkpoints for how you handle these situations? What would you recommend for sizing if you’d bet there sometimes?
In one of them, I bet 25% pot (to look value-y) and scared them away. In the other, I checked down and lost to a slightly better nothing. Certainly these two results suggest that betting busted draws is +EV, but I don’t have a clear structure for thinking about this situation yet.
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