Seat 1: stevesbets ($42,995.50)
Seat 2: OMGClayAiken ($51,796.50)
Button is in seat #1
(Hand history and stats from MarketPulse Biggest Pots section.)
The hand kicks off with Jacobs raising from the small blind/button to $1,200. Galfond three-bets from the big blind to $4,500 and Jacobs makes the call.
The flop comes 3♦ 7♠ 2♥ and Galfond makes a continuation bet of $5,200. Jacobs shoves all-in for $38,495. Galfond lets his time run all the way down before eventually making the call.
Jacobs shows J♣ 7♣ for top pair and is ahead of Galfond's A♦ T♥. The turn drops the 9♣, the river the 6♣ and Jacobs' pair of sevens is good for the $85,990 pot.
Jacobs raises off the button with J♣ 7♣ to $1,200. Not a great hand normally, but good enough for a button raise heads-up.
Galfond makes a completely standard three-bet to $4,500 with his big ace and Jacobs' call is pretty borderline. Galfond makes a large three-bet, almost four times the size of Jacobs' original raise.
When Jacobs makes the call he has put over 10% of his stack in pre-flop with a suited three-gap. Yes, he is in position, but he has no initiative and his hand value is weak.
The flop comes 3♠ 7♠ 2♥. Galfond makes a good continuation bet of $5,200 on a dry board. This flop has very few draws and is unlikely to have helped his opponent.
Jacobs ships all-in for $38,495 almost instantly. This is actually a bit of an overbet and as such is a pretty good move. The pre-flop call is marginal, but he makes up for it with a play that could be perceived as a bluff.
Galfond tanks and eventually makes the call with ace-high. This call seems pretty bad but in reality is not, given the circumstances. Galfond would continuation bet the flop with a very wide range - probably almost everything that he three-bet with pre-flop.
The bulk of that range is air - two high unpaired cards. Galfond knows that Jacobs knows that. Thus he may believe that since his perceived range is so weak, Jacobs could be pushing over the top with an even wider range.
Hence he feels his ace-high could be good and, worst-case scenario, if it isn't and Jacobs did hit this board, he would still have six outs to a better hand.
So he makes the call, thinking Jacobs is bluffing a good portion of the time. He probably tells himself that as a backup play, he has the six outs (three aces and three tens).
As it turns out Jacobs is not bluffing and Galfond misses his outs. You can't fault him for the call, though. He made it to the top of the poker world relying on his reads.
As we know, sometimes they're right and sometimes they're wrong - but you have to trust 'em just the same.
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