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Ask Me Anything (Dusty Schmidt aka Leatherass in the well)
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[QUOTE="Sean Pilgrim, post: 1528673, member: 53779"] If you flip a coin the chances are that it will be heads 50% of the time and tails the other 50% of the time. But you could still technically flip a coin 100 times and it can land on tails 100 times. 80% favorite is just a percentage, a [B][I]chance to win[/I][/B]. When you look at your %'s as a whole, the math involved behind it falls under ([B]read very carefully[/B]) "Probability and Statistics". Nothing is guaranteed. If you have :ad: :ks: on the button the flop comes :qd: :10h: :js: . Your opponent in the BB raises, you re-raise, he shoves, of course you're going to call. When you see that you are up against :qh: :jh: (two pair), you are still a favorite to win, At first you need to dodge 2 remaining queens and 2 remaining jacks If the turn comes as the :6h:, you need to dodge 9 cards that will complete your opponents flush + the 2 Queen's and 2 Jack's. On the turn, all your equity from going all in on the flop has gone from a 60/40 to a small small marginal gain (i believe) nearly a coin flip for the river, your hand cannot improve at this point but your opponent's hand can. At the end of the turn I think you are around a 53/47 favorite, which isn't a huge edge. All you can do is say "I got it in with the best, variance will sort itself out later." [/QUOTE]
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