Ed Miller on charging flush draws
More from the prolific Ed Miller:
This "charge the flush draws" mantra has annoyed me for a year and a half now. As ramjam accurately noted, there is virtually no situation on the flop where you are in a multiway pot and raising to "charge the flush draws." When the flush draw gets multiway action, it makes money on the bets going in just like you do (at the expense of those calling with weaker made hands and weaker draws).
I'm not 100% sure where this idea first appeared, but I think I know. It does not appear in 2+2 books... but it does appear almost word-for-word in a popular book on low-limit hold 'em of suspect quality.
This single line has caused more confusion on this forum than any other "concept" in poker:
1) Apparently you have concluded that if you are "charged too much" with your flush draw, you should fold
2) Others have concluded that it is correct always to play a flush draw passively to avoid being "charged"
3) Still others put in silly 3-bets and 4-bets on the flop (in situations where their winning chances are dubious) because they are deathly afraid of "failing to charge the flush draws." Ironically, the 3- and 4-bets are often better for the flush draws than the player making them.
Because pots are so big before the flop in limit hold 'em, anyone who flops ANY flush draw is usually correct to see both the turn and river almost no matter what. Virtually the only situations where it is correct to dump the flush draw is if it is CLEAR that someone already has you drawing dead. This is if the board is DOUBLE (not single) paired on the turn and there is heavy action, or if there are trips on board. You have to be quite sure that you are drawing dead, though, because the pot is typically very large. This gives you a massive overlay to draw to your nine outs. Folding when you "think he might" have a boat can be very expensive.
This means that flush draws are very easy to play... and play against. If you are playing a flush draw, you usually should play aggressively for the first bet or two on the flop, for various reasons. Otherwise, you are calling all bets until the river. Thus, when you are playing against a flush draw, he is your companion to the river. If it gets there, he wins. If it doesn't, you win. There is nothing you can do to get him out, so don't worry about him. Your job is to protect your hand from the people with bottom pair, gutshots, backdoor draws, etc. whom you can force out.
Everybody... for my sanity... please stop "charging the flush draws." It is not a helpful concept, and you guys interpret it in funny ways that lead you to make significant errors.
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