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Harrington (close to bubble)
Problem 21 of Harrington’s Workbook
blinds are 400/800
50 left, 40 paid
An ABC player opens under the gun to $2500.
Hero has $4800 and AsQh in the cutoff. The button, sb, and bb are still to act.
– fold
– call $2500
– raise to $4800
Before reading the rest, try to answer the question above.
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DH goes through the math of how to make this decision.
assumptions:
— players behind can still squeeze with monsters with (~5% of hands).
— the opener could have a strong hand (90%) and a weak hand (10%).
estimations:
— vs the squeezer, hero’s AQ will win 25% against AA, KK, QQ
— vs the strong opener, hero’s AQ will win 47% against 88+, AK, AQ, AJ, KQ
— vs. the weak opener, hero’s AQ will win 60% against JT, T9, 98, 87
calculations:
1) When the hero jams, what pot odds are offered to the opening raiser?
— amount to call (4800 – 2500) = 2300
— size of pot = (400+800+2500+4800) = 8500
— direct pot odds = (8500 / 2300) = 3.7 to 1
— pot size after opener calls the hero = 8500 + 2300 = 10,800
2) What is your all-in equity against the opening raiser?
— how often do you expect to win w/ AQ when called?
— win 30% — equity = (30%)(10,800) = 3240 — net loss of 1560 from 4800
— win 40% — equity = (40%)(10,800) = 4320 — net loss of 480 from 4800 stack
— win 50% — equity = (50%)(10,800) = 5400 — net gain of 600 from 4800 stack
3) What is the pushing the correct play?
– fold
– call $2500
– raise to $4800
Use the estimations and assumptions above,
against the squeezer:
— 5% of the time, you’re up against a monster AA, KK, QQ
— 25% of the time, AQ beats AA, KK, QQ
— an extra (4800, 4400, or 4000) will inflate the pot from the (button, sb, or bb)
button squeezes
= (5%)(25%)(400+800+2500+4800+4800) = $92
sb squeezes
= (5%)(25%)(400+800+2500+4800+4400) = $91
bb squeezes
= (5%)(25%)(400+800+2500+4800+4000) = $88
no squeeze
against the strong opener:
— 90% of the time, you’re up against a 88+, AK, AQ, AJ, KQ — you win 47%
— 10% of the time, you’re up against JT, T9, 98, 87 — you win 60%
— the pot size will be 8500 + 2300 = 10,800 after the opener calls
strong opener = (90%)(47%)(10,800) = $4568
weak opener = (10%)(60%)(10,800) = $648
THUS, add up the value of each situation
strong opener + weak opener = TOTAL
$4568 + $648 = $5216
Doing the math for the (calling the bet) is little value because the assumptions about players calling behind and raising behind all change. This math was done assuming that the hero calls and it goes heads-up.
strong opener
= (90%)(47%)(400+800+2500+2500) = $2622
weak opener
= (10%)(60%)(400+800+2500+2500) = $372
total = 2622 + 372 = $2994
Folding earns you $0 on average — (4800 – 4800 = $0)
Calling loses $1800 on average — (2994 – 4800 = -$1806)
Raising gains $400 on average — (5216 – 4800 = +$416)
The math narrows down to a few keys:
— effective stack size
— assumptions about their range
— estimations on how often you win
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