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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling
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To: Harvey Allen who wrote (5904)10/29/2001 4:52:15 PM
From: patron_anejo_por_favor  Read Replies (1) of 6873
 
Harvey, one other small point to add to Michail's excellent discussion on your poker question is that if a 4 hits on the turn or the river, you may fill your gutshot draw, but not have the "nut" straight, ie, you would lose to someone holding 3-6. Therefore the implied odds the pot needs to give you to stay in the hand should be higher than what the calculated pot odds are. In the example you've cited, admittedly, it's a minor point (in a game with skilled players, few would hold 3-6 anyway unless they were on the big blind and no raises occurred). But stranger things have happenned.
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