Originally Posted by Cwocwoc
You don't understand it either.It's the equity of your range versus villain's range.Galfond wrote an article in Bluff magazine explaining it which I'm probably not allowed to link to here.
No, he had it right and you've got it wrong.
If you read the article, Galfond describes g-bucks as being your opponent's hand VS. YOUR RANGE.
I recall on the forums a bit of nit-picking that Baluga described g-bucks as the hero's specific hand against the OPPONENTS entire range.
Now obviously, Galfond surely knew that the concept applied both ways, and could have written the article from either perspective. From that standpoint, your definition is just fine too: it works both ways.
So you see, my good friend, you can have a conversation without being reflexively negative, or telling someone they're wrong because they're not using the precise definition you (mistakenly) believe to be correct. It's obvious that Baluga understand G-bucks, even if he chose to illustrate the other side of the equation. So does Joeynumbaz. So do you, for that matter. But you should be careful about telling people that they don't understand something.
Originally Posted by Jabbershot
Baluga says that capitalization of dead money is "making the opponent fold, whether his hand is better or worse, and collecting the money in the pot."
I watched the Coaching Tree series. Baluga explains his definitions for things there too. Yeah, he uses 'dead money' to talk about the likelihood that your opponent will fold, or concede his equity share in the pot.
I'm not really interested in this sort of nit-picking. In the videos he makes it very clear what definition he's using. As long as you understand the concepts, I don't care if he prefers to call 'betting for protection' betting for 'thin value.' As long as you understand it.