Originally Posted by RollinOnDubz
Best thing to do is watch your table and see how and what they play. i dont see anything wrong with calling a bet of say .40 with a pocket pair unless you have a few callers. then you either get lucky or you can lay it down.
Um, no. I hate when poster's have no idea what they're talking about, but proceed to answer the question anyways.
The answer is simple math. You need roughly 12:1 implied odds
to hit a set. How do you figure out your implied odds?
Lets say an opponent has 10$ at your game, and you also have 10$. They raise to 35 cents to go preflop. That means you can win $9.65 from them if you hit your set, and it costs you 35 cents to see if you hit.
Soo.... 9.65/0.35 = 28:1! Those are pretty good implied odds.
However, lets say you buy in for 4$ instead. Your opponent still has 10$, but if he raises to $0.35 preflop, you can only win 3.65 from him when you make your set. So...
3.65/0.35 = 10.4:1. You do not have sufficient implied odds to try and make your set, and you should probably fold.
So yeah, as a general rule, 12:1. That'll serve you quite well at micro limits.
This also assumes that this pair will never be an overpair, and that you'll never play it as mid-pair. A hand like TT, or 99 can often be an overpair or can be played as mid-pair, so you need less implied odds for those hands.
We should probably sticky something like this...