One of the hardest things to do in poker is to fold pocket Kings or Aces when the hand has potentially gone bad. There is a lot of argument about when and why to do this—and there are no hard and fast rules because every table is different, with different levels of skill and different styles of play, but there are certain instances that give you all the red flags you need to throw away the cards.
One of the first things to realize is how many people misquote the odds, or don’t understand how a situation changes the odds. It is commonly quoted that pre-flop pocket Aces are an 80% favorite, or 4 out of 5, to beat about anything. Pocket Kings are in the same area as pocket Aces. But there is an underlying assumption with this statement that needs to be taken into consideration—and is also a strong argument for why you should never slow play these cards pre-flop. These odds are assuming you are playing someone heads up. There are many times (and with limit games, you have to assume that this will be true constantly) that this will not be the case. When there is more than one person, even if those extra people are playing relatively crappy hands, the odds plummet.
With three players you can knock the odds down from 80% to 60, and with four or more, you are rarely better than a coin toss. That’s right: given enough players, even the best possible starting hand only has fifty percent odds to win. Am I saying throw away pocket kings and aces every time you see a re-raise? Absolutely not, but there are times to be careful. For some individuals, the difference between being a good player and being a pro is the ability to throw away pocket Aces and Kings—even pre-flop if the situation warrants it. Many professional poker players have admitted to having done this, including Annie Duke and Dan Harrington, two of the best poker players in the world.
One great strategy for playing after the flop, if something really scary comes down (say three straight cards or three suited cards) and someone gives a normal raise, re-raise them to see what happens. If they fold, you’ll take the pot. If they re-raise, fold. If they simply call, watch out, this could be a set up! The re-raise is nice because if you do it right, you may lose the chips from the bet, but it gives you enough information to know to fold to avoid losing the rest of your chips, an you’ll catch the bluffer often enough to pay off.
The most common scenario to fold pocket Kings or Aces pre-flop (which is incredibly rare) usually involves being in a tournament satellite on the edge of the money. Here’s a scenario:
You’re at a table with five players left, and the top 3 all win WSOP seats. Your chip stack puts you in 4th place and you get pocket Aces as the big blinds. The player from the weak position throws in a large raise—enough to put you all in. The next player calls, and the small stack goes all in. In this situation, you’re rarely much better than 50/50 to win, and the right move is to fold the Aces.
Why?
If the large stack wins, he’ll take out two players and you’ll win the seat. Even if he doesn’t, as long as the small stack doesn’t win, you’re one spot closer to placing. Also, with four players, your odds aren’t that good. You’re gambling with all your chips when staying out of the hand might put you in the money without risk. Wait for a better situation, and then cash in.
This is the one thing too many players can’t do. They bet big pre-flop with pocket Kings so when A-Q-Q comes up they feel like they have to “chase others off.†This is the worst strategy—you’re not going to chase off an ace or a queen, so why throw away your money? Big pocket pairs are strong hands, but they also induce the worst losses when they get beat. Remember that the $1,000 in chips you don’t lose over a month is just as good as the $1,000 you win.
I completely agree with folding Aces, and definatly Kings, in the satellite where 1st 2nd and 3rd all win the same prize. But on this site there was earlier mention to folding pocket aces if your against 3 or more players all-in in what i assumed to be a regular MTT with a regular payout. The reasoning for this was against 3 players Aces is rarely worse than a coinflip and it’s not worth the risk, but with 3 or 4 people in the hand a person with Aces is likely going to be getting at least 3-1 pot odds, or better, on a call where he has a 50% chance of winning the hand. These odds warent a call for the pot odds alone and without a tell on someone I think KK may also have the pot odds to call. It also made a mention to especially if you are near the money but any good MTT player should not be playing for the money he should be playing for the win. This article here, however, i completely agree with. The only thing i would mention is that Dan Harington tells new players to call all in with KK in a regular MTT because if your up against AA you are just unlucky.
[…] With three players you can knock the odds down from 80% to 60, and with four or more, you are rarely better than a coin toss. That’s right: given enough players, even the best possible starting hand only has fifty percent odds to win. Am I saying throw away pocket kings and aces every time you see a re-raise? Absolutely not, but there are times to be careful. For some individuals, the difference between being a good player and being a pro is the ability to throw away pocket Aces and Kings—even pre-flop if the situation warrants it. Many professional poker players have admitted to having done this, including Annie Duke and Dan Harrington, two of the best poker players in the world… The most common scenario to fold pocket Kings or Aces pre-flop (which is incredibly rare) usually involves being in a tournament satellite on the edge of the money. Here’s a scenario: You’re at a table with five players left, and the top 3 all win WSOP seats. Your chip stack puts you in 4th place and you get pocket Aces as the big blinds. The player from the weak position throws in a large raise—enough to put you all in. The next player calls, and the small stack goes all in. In this situation, you’re rarely much better than 50/50 to win, and the right move is to fold the Aces. Excerpt taken from here. […]