Pot Odds in MTTs

J

Jeschant

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Knowing pot odds in cash is obviously important to being a longterm winner, but what about MTTs past rebuy time? I find myself bleeding chips early on sometimes because I call raises I should technically be calling. But over a lifetime of MTT games is it the right thing to do well before the bubble and after the rebuy? If not, is there a way to think of them in an MTT setting? Sorry if I'm not asking this very well, hope someone gets what I mean.
 
Arjonius

Arjonius

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I think where people sometimes go wrong in MTTs is not putting enough value on their tournament lives. It's easy to call when the amount is an affordable portion of your stack, but when it's enough to bust or cripple you, I think that has to be factored in, especially considering that in most pot odds calling situations, you're going to lose the hand the majority of the time.

In addition, pot odds aren't as straightforward when it may be necessary to call multiple streets. So for example, if the flop gives you nine outs to the nut flush and the opponent bets, before you call based on the pot odds at that moment, you should also consider whether the opponent will bet again on the turn after you miss which will happen most of the time.

If he will and you can't call the second bet, then your pot odds are really based on nine outs once, not twice. If you can call it and plan to do so before you call the flop, then the situation involves a combination of pot and implied odds, not just the former.
 
J

Jeschant

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I think where people sometimes go wrong in MTTs is not putting enough value on their tournament lives. It's easy to call when the amount is an affordable portion of your stack, but when it's enough to bust or cripple you, I think that has to be factored in, especially considering that in most pot odds calling situations, you're going to lose the hand the majority of the time.

In addition, pot odds aren't as straightforward when it may be necessary to call multiple streets. So for example, if the flop gives you nine outs to the nut flush and the opponent bets, before you call based on the pot odds at that moment, you should also consider whether the opponent will bet again on the turn after you miss which will happen most of the time.

If he will and you can't call the second bet, then your pot odds are really based on nine outs once, not twice. If you can call it and plan to do so before you call the flop, then the situation involves a combination of pot and implied odds, not just the former.

I definitely worry I'm bleeding some chips I shouldn't be because I'm thinking it's just 20 or 40 more and I'm deepstacked and odds say chase. I do try to assume villain will make me pay more than once to see that last card. Although there is also the possibility of stacking villain if I do hit, or so I like to tell myself when I am chasing. Which might be a leak. Or might not be, given it happens often enough because well, I'm bad, but a lot of other people are worse in micros and freerolls. I still need to get better though.
 
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