In this situation you're CALLING all-in with a big draw against two opponents who likely have set or 2-pair type hands. It's simply a case of pot odds; you're putting in your last $23 to potentially win a $70 pot in which you're liable to have 35-50% equity, depending on the other hands, so it's an easy call. If you had $5 left after the call you WOULD just call instead of going to the felt on the flop; if the turn pairs the board you can then save that last five bucks. If the turn hits your draw, you push in the last 15 bucks, but as the 15 bucks carries no fold equity whatsoever there's no point pushing it in when the turn card could still kill your draw stone dead, for instance if a board pair shows up. If you collect your draw your opponents will both pay you off by chasing boats anyway. So, even though you're nominally "ahead" on the hand on the flop, and are the money favourite at this point, there's no need to shove it all in. You see what I mean?
It's OK to raise on a draw if the situation demands it - generally, when you are EV favourite AND when you WON'T get paid off if you take a cheap card and hit. An example would be three handed on the turn with a 20-out draw (open ender plus two flush draws) against two opponents you have pegged on sets, with everybody having fairly deep money - if you check or simply call to see the river and hit, you won't get paid, but if you build the pot now by raising, you may get all in in a +EV situation with these guys.
Just because a draw is +EV, or even the money favourite, doesn't mean it's raisable in every situation. Just have some thought about what's going to happen on later streets and decide accordingly.
However, that's RAISING all-in on a draw - any time you're in a situation of CALLING all in, the answer is simple - you call when it's in your interests (+EV) to do so, and fold otherwise. Heads up you need 35-40% of the equity of the pot to call a full pot raise, three handed you need just over 25%. I would like to have a draw whereby I hit a winner 40% and 30% of the time in those two situations respectively, to allow some leeway in a "worst case scenario" that an above average number of my outs are shared between the opponents' hands. As I said, in the hand you played, you probably had (rough estimate) somewhere around 45% of the equity in a 3-way coup so you it's an easy call.
Hope this explains what I mean a bit more!
Monk
xxxxxStatistics: Posted by Felonius_Monk — Fri Sep 02, 2005 5:36 am
]]>