If you’ve been reading my strategy columns for PokerNews, you know I’ve examined several hands played between Phil Hellmuth and Daniel Negreanu in PokerGO’s High Stakes Duel. I’m going to continue examining their match with another big hand, one that Hellmuth demonstrated the concept of “no gamble, no future.”
The hand took place in the High Stakes Duel Round 3, which was a $200,000 Sit & Go, when the blinds were 300/600/600. Negreanu (237,700) was in the small blind with the 
He should usually just opt to call when facing a three-bet from Hellmuth, but instead, he went with a four-bet to 13,000. Not to be outdone, Hellmuth five-bet to 35,000. Negreanu is getting good pot odds to call in this spot and set mine, which could win him a massive pot when he hits.
If you are aware that your opponent is overfolding their strong hands preflop, as Hellmuth had done earlier in the match, you should proceed cautiously when they show so much aggression. That said, the call was made and the flop fell 
When Hellmuth checks this flop it is likely that he either has complete air or a premium hand that he is attempting to trap Negreanu with. It seems to me he either had a real monster or nothing.
A small bet from Negreanu may work to eliminate Hellmuth’s complete air and may extract value from 
Now, Hellmuth led for a third pot with a bet of 42,000, which left him 64,000 behind. What do you do if you’re in Negreanu’s shoes?
- Fold
- Call
- Raise all in for 106,000
In this particular situation, a fold is often the best play with Negreanu’s hand. Any bluff that Hellmuth has is likely to have a lot of equity against Negreanu’s marginal-made hand.
Negreanu did end up folding, and you know what? Hellmuth was on the bluff as he had the 
For more on this hand, check out my breakdown in the following video:
Jonathan Little is a professional poker player and author with over $7,000,000 in live tournament earnings. He writes a weekly educational blog and hosts a podcast at JonathanLittlePoker.com. Sign up to learn poker from Jonathan for free at PokerCoaching.com. You can follow him on Twitter @JonathanLittle.
*Lead image courtesy of PokerGO.