Friday, September 09, 2005 10:40 AM
Pot Odds
PITBULLS:
Bridge
involves taking risks . However ,
like poker , the ‘pot odds”
must be in your favour . What are
pot odds as defined in the poker sense ? What this concept means is that when
you risk a bet in poker the amount of money in the pot has to warrant the risk
that you are taking given the probability of winning the poker hand. In other
words if the chance of you winning the poker hand is 4:1 and
you are risking $25.00 to win $200 it is a good bet because the “pot odds” are
25/200 or 8:1. In other words the amount of money you expect to gain exceeds the odds of losing.
Bridge
experts use the same logic in determining Bridge decisions. A hand that drives
this point home came up Thurs nite. You are in 3rd seat nv vrs vul
opponents with this beautiful collection xxx
xxx 98765 xx . What tactical bid do you make if any ? Again this is
“pot odds” type of thinking. Partner is a passed hand . The median HCP’s for a
passed hand is 6 HCP . The reasoning is that partner could hold 12 ,11 ,10 ,9 ,
8 , 7 , 6 , 5 , 4, 3, 2, 1, 0 so the median or expectd HCP’s is 6 right in the
middle of the possible passed hands.
Therefore the expected HCP’s for the opponents
is 34 HCP ! . This means that on
average you have +1430 to play with in determining your opening bid.
Maurice
chose a psyche of 1♦ and 4
others all at the expert level chose pre-emptive action with the hand . The
novice would say what a horrible bid – you should be in a mental hospital !!
This hand is not even a baby risk !!
. You have so much pot odds on your side it is not even dangerous in an expert
field. Partner gives a lot of leeway when partner opens 3rd seat nv
vrs vul opponents . The opponents usually get more screwed up and miss their
slam or make a wrong competitive situation if you “muddy the waters”. This risk
is worth taking by anybody that
has an even basic understanding of the game of Bridge.
Contrast
this with the reckless action of opening 3♦ in 1st seat vul vrs nv opponents with xx Kxx KJ10xxxx xx . This action is
downright silly as a tactical bid. Partner is not a passed hand so you
misdescribe your hand and leave partner open to making a wrong decision. This
erodes partnership discipline and confidence . So what are your pot odds or
what do you expect to gain from making such a bid ? You have only 3 ½ tricks in
your hand so you risk going down –1400 against NV opponents who because of your
heart king most likely just has a nv game your way. Therefore you expected gain
is talking them out of a possible nv game by staying in a partial 170 vrs 420 a
gain of 6 IMPs . Therefore you are gambling losing anywhere from16 to 10 IMPS
with sets ranging from –1400 to –500 to gain 6 IMPS. You run the risk of
eroding partnership discipline and making partner “gun shy” in future
competitive auctions. This is IMPS stupidity
at its worse. Which is the safest bid ? It should be obvious that opening or pre-empting on xxx
xxx xxxxx xx nv in 3rd seat opposite vul opponents is a far safer tactic. Fools rush in where
experts fear to tread and vice versa. Be aware of the risks you are taking !
Bridge experts borrow from poker players in using pot odds to guide their
decisions.