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One common situation against a draw occurs when you and another apparent made hand have a draw trapped in the middle. For example, suppose someone limps in, you raise with QQ or KK, and a tight player 3-bets, and you both call. The flop comes rags with two of a suit and the limper checks and cold calls two back, twice. Suppose you're absolutely sure the limper has a flush draw and the other player has a big pocket pair. In order to jam (i.e., repeatedly raise) again on the turn, how confident must you be that you have the current best hand? The answer ranges from 40% to 47%, depending on whether you have one of the suit and whether the draw has an overcard out. So, when you slightly suspect you're beat by the other made hand, you can still jam in theory versus a flush draw on the turn.
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Beyond being historic, poker much more than gambling is ubiquitous. Kitchen-table poker and weekly poker night are staples of our society. In 1968, a report estimated that 50 million Americans had played some poker. That number has surely grown in the caddy shack, the bowling alley, or after Supreme Court hearings — and of course on the Internet and in hundreds of public cardrooms around the country that didn’t exist back in those days. You find poker in hundreds of movies, in the officers lounge of the Starship Enterprise, in the Travis Magee detective novels. And, of course, it’s all over cable TV.
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The income disparity between the richest 1 percent of American households and the poorest 20 percent is at its highest point since 1920, while the number of millionaire households grew by 14 percent last year. At the same time, there is less mobility between classes. A study by the Federal Reserve Bank of Boston found that while slightly more than half of the families who started the 1970s in poverty made it into another income class, by the '90s, more than half of them stayed in poverty. (For more statistics in this vein, see Inequality.org.) Poker, at least, is one way a guy with just $40 and his wits can join those millionaire households.
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