Quote:
Originally Posted by C Put 6163
These were my first thoughts, too. But in the not too far back of my mind was this: "In order of importance, calling first-in and cold calling a raise instead of reraising (or folding) are the biggest errors." Philip Newall on Expoloitive Adjustments Pre-flop. The Intelligent Poker Player, p. 41
Newall was talking about not being the first person to call a raise. Some benefits of 3 betting instead of being the first cold caller are, in no particular order,
1. Creating dead money when blinds fold
2. Gaining last action when all players behind fold
3. Creating fold equity
4. Gaining the initiative
Once a player, in between the raiser and us, calls, those benefits are mostly lost. We then can have a range of hands that we can call.