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General Poker
Folding AA on my very first hand in a tournament
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[QUOTE="nuts422, post: 844801, member: 38545"] Against very bad players, I would like to take bets where the expected value is very large. I sometimes fold what I think is the best hand if I think I can get better odds with another hand. In this case, however, it is correct to call. You are a huge favorite to win and if you do, you quadruple your stack. Lets run through a few scenarios: Suppose your opponents have AK, JJ, and 89s respectively. Those would be typical hands for guys going all in preflop (in fact, I sometimes see way worse hands too). In this case you are a 57% favorite to win which is huge against 3 players. You can give your opponents various different other hole cards, but you will have a hard time finding a combination of cards that they could possibly hold that would give you less than a 50% chance of winning. You can play around with this at [URL="http://www.cardplayer.com/poker_odds/texas_holdem"]CardPlayer.com - Poker Odds Calculator[/URL]. The worst possible hands I could find that you could be up against would be smaller suited connectors which in some cases give you a 44% of winning. Even with a 44% chance of winning (worst case I could find), the expected value is Ev = 3*.44 - .56 = 0.76 Thus, on average by taking this bet you increase your chip-stack by 76 percent. Most likely of course, your opponents have hands like AQ, AK, and underpairs which make you a much bigger favorite to win (typically about 55-60 percent). Consider also the fact that you are playing a tournament where you really need to win large hands to even finish in the money. Even good players lose more tournaments than they win. You cannot mouse your way to victory in a mtt. In conclusion, as many others have pointed out, folding here is simply not a good play. [/QUOTE]
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Folding AA on my very first hand in a tournament
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