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The Gambler's Dilemma

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trof Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-30-05 12:51 PM
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The Gambler's Dilemma
You've already anted 10 bucks to the pot and been dealt your hand.
The guy to your left checked. So did the guy across the table.
The guy on your right bets 20 bucks.
You're holding a 4 card straight flush; king, queen, jack, 10, all spades, and the three of hearts. You figure your odds of filling are pretty good. Even if you don't get the ace of spades for a royal straight flush, you have a good chance of filling the straight at either end. Plus, the other two guys checked, and the 20 dollar bet on your right is way under the 100 dollar limit. They can't have much.
You see the bet. It's only 20 bucks.

The guy on your left sees the $20 and raises it $100.
Damn.
He sucker checked and now it's a sucker raise.
You 4 card straight flush doesn't look so good to you now.
Number two sees the raise, as does number 3.
It's up to you now.
Jeez, you've already got 30 bucks riding on this. Hard to just walk away from it.
But that is exactly what you should do.
To commit for another hundred dollars is known as "throwing good money after bad".
It's time to cut your losses and hope for better cards next time.

To say that if we leave Iraq means our soldiers have died in vain is idiocy and simple-minded.
They fought bravely and died obeying the orders of the men who sent them there.
There is no shame for them.
Just for the men who sent them.

Like Kenny Rogers says in the song:
"You got to know when to hold 'em,
know when to fold 'em,
know when to walk away,
and know when to run."

It's time to put our running shoes on.
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