LuckyChippy
Cardschat Elite
Silver Level
Not just a "slight" underdog. We can go in as a 2:1 dog and still break-even; if we have more than 35% equity in the pot we have an automatic decision.
There are a couple of really good lessons for NL players to learn from limit hold 'em, and arguably the most important one is to stop thinking in terms of "I think he has me beat" because that's only half the information needed. The other is "do I get a good enough price to call?" A limit hold 'em player would never even consider only the first half of that question when pondering a call because it's so obviously silly when you're getting 7:1 odds to fold if you "think you're beat." It gets less obvious when you're getting 2:1 odds in no-limit and some players can do pretty well (but probably not great) just working in terms of "I'm ahead" or "I'm behind" but it will cripple your win-rate because you're folding way too often.
When I was first coached, my coach (Alan Jackson) took a look at my went-to-showdown and remarked that it was pretty high but also noted that because I have a background in limit hold 'em, that was probably alright. The difference is subtle, but someone whose WTSD is high because they're overly optimistic about their chances to be ahead will lose a lot of money. Someone whose WTSD is high because they're making extra calls when they get good pot odds will win a lot of money.
That makes sense FP. It's probably something i'll have to specifically work on at a later date but it's good to see it written down like this. I've never thought it through like that before, it's a very limit hold'em way of thinking that SHOULD be part of everyones NLHE game.