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
GlastonburyWI to make debut appearance at Somerset festival
TV reviewIt has taken seven episodes for Game of Thrones season five to hit its stride
FilmPalme d'Or goes to radical and astonishing film that turns conventional thinking about immigrants on its head
Arts & Ents blogs
- 1 School kitchen manager 'fired from Colorado school for giving hungry students free lunches'
- 2 California man brutally beat 82-year-old Sikh grandfather he mistook for 'one of those people'
- 3 Amber Peat: Body found in search for missing 13-year-old who ran away after argument with her parents
- 4 Gay teenager 'forced to have sex with his own mother' to 'cure' his homosexuality, campaigners in India say
- 5 Charles Kennedy 'had better judgement drunk than many sober politicians' says Ian Hislop
Game of Thrones season 6: George RR Martin doing 'anything he can' to get new book The Winds of Winter out before next HBO series airs
Game of Thrones, Battle of Hardhome: 20-minute Wildlings versus White Walkers battle took a 'solid month' to film
Game of Thrones season 5 episode 9, The Dance of Dragons: Jon Snow returns to The Wall after epic Battle of Hardhome
Touch-screen Teletubbies say hello: Tinky Winky, Dipsy, Laa-Laa and Po are back, now with smart technology
Black Angel: Long lost Star Wars precursor to be made into crowdfunded feature film
Thousands of teenage girls enduring debilitating illnesses after routine school cancer vaccination
Migrants in Kos: Photos show real tragedy after Brits abroad complain of 'awkward' holidays
British tourists complain that impoverished boat migrants are making holidays 'awkward' in Kos
Michael Gove determined to scrap the Human Rights Act – even if Scotland retains it
Threat to scrap Human Rights Act could see UK follow Nazi example, warns UN official
Church of England 'one generation away from extinction' after dramatic loss of followers