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AKdd, second in chips on Final table, chip leader on left.
bennymacca
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February 18, 2011 - 10:23 am
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sorry for the crappy HH, cake ones dont convert
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this is on the final table of a $10 tourney, 8 left,  as you can see i am third in chips with a pretty decent stack compared to the rest of the table. chip leader is on my left and is noticing that i have been opening a TON. 
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taking ICM into account, whats my play here?
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Hand#251090B9D6000688 – $1,000 Guaranteed T9484758 — Table 8 — 120/600/1200 NL Hold'em — 2011/02/19 – 01:39:16
Seat 1: the ***1 (59,887 in chips) 
Seat 2: dara***2 (11,036 in chips) DEALER
Seat 4: flec***4 (48,266 in chips) 
Seat 5: OOff***5 (19,195 in chips) 
Seat 6: 7win***6 (17,631 in chips) 
Seat 8: drag***8 (26,267 in chips) 
Seat 9: chri***9 (7,209 in chips) 
Seat 10: bennyjams (41,509 in chips) 
the ***1: posts ante of 120
dara***2: posts ante of 120
flec***4: posts ante of 120
OOff***5: posts ante of 120
7win***6: posts ante of 120
drag***8: posts ante of 120
chri***9: posts ante of 120
bennyjams: posts ante of 120
flec***4: posts small blind 600
OOff***5: posts big blind 1,200
Dealt to bennyjams [Kd,Ad]
7win***6: folds
drag***8: folds
chri***9: folds
bennyjams: raises to 2,400
the ***1: is all in 59,767
No1uNo
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February 18, 2011 - 11:30 am
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Fold, he has jacks.
30+ bbs at a $10 FT on cake- I think you have a significant edge.
Why gamble here?

savant111
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February 18, 2011 - 12:02 pm
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Instinctively I'm pretty sure this is an ICM fold.  I'd be interested in what others had to say though.

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February 18, 2011 - 12:17 pm
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You have 40% against sklansky tier 1 (AKs, JJ+). I personally wouldnt give him many more, maybe AKo but i think he flats AQ considering he’s jeopardising his monster stack to pick up a min raise and blinds. My gut says he has a monster and is hoping you spaz out given your expecting someone to play back at you soon.

Not an easy fold but it is prolly an ICM mistake to call. Not that I’m an ICM expert.

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February 18, 2011 - 12:55 pm
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So, I am not an ICM expert, but I do know that those models do not take into account skill advantage. I play at these levels and know from experience that thinking players like Benny are more skilled than most (if not all) of this table. He has a very good stack. Even if the ICM models say this is a slightly good play, I would not take this spot.

Now, let’s say I satellite into a higher level tourney where I do not have a skill advantage. In that case, I will rely on ICM models and more math.

I would love to the pros comment on how to account for a skill advantage in your decision process.

Hagbard Celine
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February 19, 2011 - 1:03 am
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in order to factor ICM into this, we'd need to know the payouts.

 

but given how close this is just from a cEV perspective, i'd imagine it's a fold.

 

we need ~45% and unless he's shoving AQ we don't have over 50%.

bennymacca
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February 19, 2011 - 8:09 am
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thanks for the input guys. 

 

i ended up folding, it was just about a snap fold for me, but then it got me thinking that i was 100% ahead here because of the amount i was opening – prolly like 40% or more. 

 

but if villain rolls anything but a worse ace, i am flipping when i dont need to be. 

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RonFezBuddy
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February 19, 2011 - 1:51 pm
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We are going to do an ICM theory vid and this is a perfect hand for it.  Thanks for posting.

bennymacca
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February 20, 2011 - 5:52 am
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what is the worst hand that we should call with here? jacks? queens?

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February 20, 2011 - 12:20 pm
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i'll say again, you can't run any ICM calcs without payouts.

bennymacca
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February 20, 2011 - 2:46 pm
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sorry hagbard, here are the payouts for when we were 8 left. it was a 1k gtd tourney but only 77 signed up so there was a pretty decent overlay. 

 

1.   260

2.   170

3.   132.5

4.   92.5

5.   68.5

6.   51.5

7.   37.5

8.   34

______

9.  29

10. 24.5

11-15.  20

Hagbard Celine
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February 20, 2011 - 2:57 pm
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ty sir.

 

playing atm, but will take a look at this later.

jjyykk
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February 20, 2011 - 5:03 pm
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Payouts are very flat and a lot of weaker players like to rejam dominated Aces. I study a lot of ICM (started as an SNG player) and I respect it a lot but I suspect this is closer than it looks. Another thing ICM doesn't model is how easily you can run over the table once you build a dominant stack

 

3.5, 14, 17, 24, then 40/40/90 seems to make it worth the risk. The thing that would probably make me reluctantly fold is that he is shoving through another big stack (the 41k guy in the blinds) which makes his range a lot stronger. If you were the only big stack left I would snap this off.

goroyalblue
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February 20, 2011 - 6:47 pm
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I am not trying to say what is right or wrong here, but FWIW I have never folded AK sooted 8 handed.

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February 20, 2011 - 11:44 pm
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dont care if i get 9th and snap calling

Chip
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February 21, 2011 - 4:05 am
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bennymacca said:

 

this is on the final table of a $10 tourney, 8 left,  as you can see i am third in chips with a pretty decent stack compared to the rest of the table. chip leader is on my left and is noticing that i have been opening a TON. 

ttwist said:

dont care if i get 9th and snap calling

in this case your open will be followed by quick snap, AQ is well within this range. 

I want a balance between reasonable risk, playing sound, and setting up to win the tournament, this sets us up to win and gains respect for the plethora of min opens they are about to see cool

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February 21, 2011 - 1:21 pm
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Play to win….I snap call…..then either win the tourneycool or cry with my $35

bennymacca
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February 21, 2011 - 4:13 pm
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dvbronco said:

Play to win….I snap call…..then either win the tourneycool or cry with my $35


if i had 20 bb then this is the easiest call in the world, but with 35bb, and a big percieved edge on the table, i dont need to be getting it in here. 
play to win is true, but with 33bb left if i fold, i still definitely have a stack that allows me to win the tourney
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February 21, 2011 - 8:51 pm
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Well said Benny.

Chip
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February 21, 2011 - 11:11 pm
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bennymacca said:

dvbronco said:

Play to win….I snap call…..then either win the tourneycool or cry with my $35


if i had 20 bb then this is the easiest call in the world, but with 35bb, and a big percieved edge on the table, i dont need to be getting it in here. 
play to win is true, but with 33bb left if i fold, i still definitely have a stack that allows me to win the tourney

i'm thinking about my stack when we win as well…
 

when you remove aa/kk from his range as will be the case the vast majority, it becomes a pretty clear call imo, we will have a great shot at winning this tourney if we win this pot. the icm should reflect the significant impact of winning in this spot considering our stack if we win, we go from a stack of 17% of chips in play to 37%

my feel for this is we'll be losing ~ $60 -$EV or so if we lose this pot, i think it's least $60 +$EV when we win considering the massive edge we have with our stack… which brings us back to stove and needing the slightest of edge, which we obv have with aa/kk removed… 

i'm open to the icm proving me wrong, but my gut says we're good to get it in here…

bennymacca
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February 21, 2011 - 11:38 pm
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Chip said:

when you remove aa/kk from his range as will be the case the vast majority, it becomes a pretty clear call imo,


this is a good point actually, i doubt villain does this with those hands. hmm. i really am on the fence with this one, you make some good points. 
cracker9ball
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February 22, 2011 - 4:31 am
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You have a top 3 hand, I mean, what are you waiting for. Bottom line is any person overshoving like the villain did is probably terrible, taking that into account he could easily prob have AQ, AJ, 88+. If I think I am ahead I call, if the guy is nitty and thi sis a scared to get AA cracked shove then I fold if that is my read.

I am deff not folding this everytime, and also deff not calling everytime. Because of chipstacks and ICM it justs seems to far from standard so it would be read based decision.

 

But tbh I am never scared to race w AK in most spots, its a strong hand and there are several MTTs.

bennymacca
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February 22, 2011 - 6:03 am
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does anyone know how to calculate the bubble factor here?

 

i understand the concept but i haven't read kill everyone so i dont actually know how you would go about calculating it. 

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February 23, 2011 - 3:17 pm
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Well IMO, if you opened you should snap call.  otherwise you are just stealing blinds with a premium hand.  His range in my experience is as wide as all pairs, A8s+, AJo+, KJs, KQo.   he knows he is putting you to a tournament decision.

 

If he has a Monster he is more likely to 3Bet not shove. so I would discard AA, KK.

 

I do get the point of looking for a better spot after a few eliminations but again, then why opening.  a call from him puts you in a position where you have to Cbet and then what if he shoves ?  you just put more chips in the pot and are in the same spot not even knowing where you stand (obv flop dependant).

 

Of course if you are playing hit or miss poker and you hit an A or a K after he calls then life is goodsmile but we all know that doesnt happen often enough

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RonFezBuddy
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February 23, 2011 - 5:06 pm
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bennymacca said:

does anyone know how to calculate the bubble factor here?

 

i understand the concept but i haven't read kill everyone so i dont actually know how you would go about calculating it. 


Hag and I are going to do an ICM vid for the next theory vid.  We'll use this hand as an example.

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February 23, 2011 - 5:20 pm
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while i haven't done any of the math yet, i just wanted to point something out.

 

all the talk of OMG WE HAZ AKs is pretty moot. what ICM means in a nutshell is that at certain points in an MTT–like on bubbles and at final tables–the chips you stand to lose are more valuable than the chips you stand to gain. what that means to us here is that we need better equity against his range to call and show a proft. not in terms of chips but actual money.

 

i'm not saying it's a fold or a call (i'd probably call in game because it's a smaller tourney and the small amount of EV i may be sacrificing by calling doesn't outweigh the chance to get a big stack and some practice running over a final table), but just that it's not as simple as “i have AKs, i'm not folding.”

bennymacca
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February 23, 2011 - 5:55 pm
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Hagbard Celine said:

i'm not saying it's a fold or a call (i'd probably call in game because it's a smaller tourney and the small amount of EV i may be sacrificing by calling doesn't outweigh the chance to get a big stack and some practice running over a final table)


my ABI is $10 so its about normal for me. this might be relevant in the fact that i have no issues busting out in 8th, finishing first would add about 10% to my roll so its not a big deal at all. 
for people that think this is an auto-call, what if we were at the FT or a big stars gtd tourney (still $10 BI) and the difference between 8th and 1st was a few k. would that change your mind about calling? (or is this what you are getting at hagbard?)
the more i think about this hand, the more i am on the fence. im really not sure at all. that probably means its not a big leak in either direction and fixing up this specific spot prolly wont change my winrate that much, but it also means that its an interesting spot imo. 
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February 23, 2011 - 7:11 pm
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Great spot, great discussion.  I think that you have to go with your gut.  I play these stakes, and would likely call and win about 60% or more by my estimate.  I certainly agree that if you think you have a huge edge over the table, your lower variance play would be a fold.  Either way seems fine.  With more money at stake I am more likely to fold it.  Thanks for the post!

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February 25, 2011 - 10:56 pm
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ok so i really haven't done much work like this, but i think i have it right.

 

ICM says that if we fold our stack is worth $129.07, if we lose, obviously we bust and get $34. if we call and win, our stack will be worth $179.45.

 

Fold: ~$129.07

Call, win: ~$179.45

Call, lose: ~$34

 

i found the following equation on 2p2:

 

129.07 = e * 179.45 + (1 – e) * 34

breakeven point is ~65% equity.

 

so basically, we need at least 65% equity to make money on this call in the long run.

 

even if he never has AA/KK, always has every combo of AQ, and JJ-77 we have 54%.

 

i'm not sure if i did this right, and if RFB wants to check my work that would be great.

 

FWIW i used …..lator.aspx and converted the payout structure to percentages.

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February 25, 2011 - 11:09 pm
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also i just used the ICM calculator at holdemresources.net and got different values for your chip stacks ($151.8 if we fold and $211.30 if we call and win), but with the different numbers it still says we need 66%.

bennymacca
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February 26, 2011 - 10:21 pm
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excellent work, thanks a lot.

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February 27, 2011 - 11:14 am
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Don't think Ii'm folding here in a 8 handed ft, especially in a $10 buyin.

bennymacca
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February 27, 2011 - 2:59 pm
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fwiw, a the narrowest range that we do get 65% for is JJ-77, AQs-A7s, KQs, AQo-A8o. as you can see, it is pretty damn wide. (if we add QQ, AKs, AKo in there its 63%, but i agree that this is basically never AA/KK)

 

this makes it a clear fold imo

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