Quote:
Originally Posted by Jarretman
You can label anything with anything it doesn't mean it's going to be a useful classification. In this case I think it's strictly harmful thinking. If I was teaching someone who's never heard of poker how to play GTO as efficiently
as possible I'd never mention the words bluff or value.
I can't really agree with that statement. I think on the river, we can classify most hands as bluffs or value bets. Bluffs being hands we bet because they should fold out plenty of better hands, and value bets because they should get called by plenty of worse hands. I think it is a little more helpful to me to think of bluffs and value bets as being on a spectrum, and at one end of the spectrum, hands get all their value by the portion of villain's range which gets folded, and at the other extreme, the hands that get most value by getting raised. Then there are the in-between situations such as hands that get their value mainly through the part of villain's range which calls, and those hands, particularly on earlier streets, will also get part of their value from the equity that other parts of villain's range gives up by folding. Then there are the hands that mainly get value through the equity villain folds out, but will also get part of their value through the equity they have against the parts of villain's range which calls.
Whether or not you think bluff and value are valid concepts, as humans we tend to need simplifications to understand complex situations. I'd be pretty surprised if you were able to simplify things in an easier to understand and apply manner than bluffs and value bets, but maybe I'm wrong.