Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: patron_anejo_por_favor who wrote (35450)	8/16/2005 3:06:02 PM
From: mishedlo	Read Replies (2) of 116555

How stupid the guy with rolled up kings was depends on what came on 4th and 5th street. If the guy hits 2 low cards, then yeah, he was an idiot. If he filled up along the way and the other guy missed his draw, then no, he wasn't an idiot. I don't think he had anywhere near the advantage that he thought, but OTOH, that doesn't mean he shoulda chucked the hand from the start either. I could not disagree more. He was stupid to get involved in a two way game risking $3000 to win $100. I do not care what happend on the 4th and 5th cards. It was a two way hand from the first bet and raise before the 4th card was dealt. In short he had everything to lose and nothing to gain. When he was raised $500 and everyone else dropped, the hand was over. It would have been smart to toss it right there on a risk reward basis IMO even if the odds were big that he would split. In fact, betting the initial $500 was a mistake IMO. I bet KT agrees. BTW before the 4th card was flipped I actually said to myself this guy has three kings and he is going to regret it. I sensed the outcome of the hand and had to wait for 4 more cards to see it. Mish

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