Party Poker 0.50/1 Hold'em (6 max) converter
Preflop: Hero is UTG+2 with [6c], [7c].
2 folds, SB completes, BB checks.
Flop: (4 SB) [7h], [8d], [5d] (5 players)
SB checks, BB bets, Hero calls, SB calls.
Turn: (6.50 BB) [Kh] (4 players)
SB checks, BB bets, Hero calls, SB calls.
River: (9.50 BB) [6h] (4 players)
SB checks, BB bets, Hero calls, SB folds.
Final Pot: 11.50 BB
Well I am playing at the .50/1 level right now so this specific hand may not have much bearing on higher limits, but it should make you all think more before you fold for one bet on the river into a large pot.
The ability to put an opponent on a hand at this level is almost non existent. 75% of the time when I stop and ask myself what they are holding based on their play I am usually way off.
So he is playing like he has a strong hand, a very strong hand. He couldn't hit that bet button fast enough. But I have my opened ended straight draw + my pair so I am in this hand until the river unless the action gets heavy on the turn.
I pick up my second pair on the river, and he bets out. So now I'm looking at 10.5 to 1 on my money to call. I'm not really worried about the SB at this point, he hasn't showed any strength. If he had a gut shut and hit it he'll raise and I can fold.
I call here getting to 10.5 to 1 on my money, because my two pair here only has to be good one in ten point five times to make it a profitable call.
So before you go folding for one more bet on the river, think about how many times your hand has to be good here to take down the pot.
Folding what may be the best hand on the river for one more BB is much more of a costly error long term than calling for one more BB when your hand may be good.
I know this may be trivial to a lot of people that read it, but I know there are a lot of people out there who haven't learned this lesson. And this is for them.