Basic Odds Question
question for someone in the know.
Let's say I'm early position and there's $600 in the pot. I have K 10 suited hearts. Flop comes out, it's 7 hearts, Q hearts, Q clubs.
I'm on a flush draw (and a very unlikely straight), but most likely I'm behind at the table. However, if I catch the heart, chances are I'm far ahead and looking at a nice pot.
If I'm playing ABC, my basic odds are 3:1 underdog. Which means a value bet would be 1/3 the pot. My question is: would I bet $200, because that is 1/3 the pot? Or, would I bet 1/3 of what the pot would be if other people called? For ex. if I was heads up, I would bet $300, expecting a call, making it essentially a $300 fee to see a $900 gain?
Lastly, I feel this is a situation that comes up commonly, and I rarely know what to do what I'm on a draw, early position, and there's one, two, or even three other people in. Obviously more than that I'm looking at a check and folding on anything except a weak raise. But let's say it's two people? Do I use a defensive bet to see the next card as cheaply as possible? Do I bet value and hope for the best? Do I over bet a little in hopes of scaring people out of the pot?
I guess it depends on the players, but let's say I don't know much about the players except how they played pre-flop.