Thursday 03 September 1998
In this situation, a fairly loose player is on the big blind and goes all-in for his last pounds 300. The rest of the players all have fairly large stacks. The player under the gun (first to act) is fairly tight and has a lot of chips left, and just calls. Everyone folds to you.
With pounds 800 in the pot (of which you could win only pounds 600) this is a tricky situation. Given the tournament pay-off structure, the difference between sixth and fifth place is pounds 400. Even if the loose player wins the hand, he will go all-in at least once more before you are on the blind. The small blind is almost certain to call for another $100. And even with a four-handed pot your pocket rockets are favourite.
But there is also a significant chance that you will lose. If you fold, there is probably a 65 per cent chance or higher that the loose player will be eliminated, and even if he wins, there is probably another 50 per cent chance that he will be eliminated before your blind. Combined, this means that there is more than an 80 per cent chance that you can win another pounds 400 in prize money by folding!
In real life, however, I don't think anyone would ever put down aces in this position. I took this admittedly somewhat far-out situation from the first issue of a new magazine called Poker Digest. This new venture is edited and published by the redoubtable June Field, founder of the highly successful Card Player. Poker Digest will appear fortnightly, in alternate fortnights from Card Player, and will be run by Linda Johnson - so there is now a magazine devoted to poker coming out every week. The first issue of Poker Digest looks professional, as you would expect from June. It profiles the new world champion, Scotty Nguyen, and has a number of expert articles, including a guided tour of Asian games. June says that the magazine is "dedicated to improving your game and your lifestyle".
Poker Digest, 1455 East Tropicana, Las Vegas, Nevada 89119, $2.95 per issue
Film The critics but sneer but these unfashionable festive films are our favourites
TV We're so close to knowing what happened to Oliver Hughes, but a last-minute bluff crushes expectations
Arts & Ents blogs
- 1 Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Peter Lik: The self-proclaimed 'fine-art photographer' whose work sells for millions
The best underrated Christmas movies from Love, Actually to While You Were Sleeping
Grace Dent on TV: The Lost Honour of Christopher Jefferies was a beautifully shot, immensely considered drama
The Lost Honour of Christopher Jefferies, review: Jason Watkins is brilliant, but real victim Joanna Yeates is reduced to a footnote
Marilyn Manson denies involvement in shocking Lana Del Rey rape video
Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
Shock poll shows voters believe Ukip is to the left of the Tories
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
New era of cheap oil 'will destroy green revolution'
Ukip founder Alan Sked and Nigel Farage 'begged Enoch Powell to stand as a candidate'
Ukip candidate jokes about 'shooting peasants' in racist and homophobic rant