Quote:
Originally Posted by Garick
EV of fold = 0
EV of call to chop 90% of the time and lose 10% is (.9*(.5*145))=.9*72.5=+$65.25-(.1x40)=$4, so EV of calling in that scenario is +$61.25.
Hell, when you're risking $40 to win $65, you could lose half the time and still come out ahead. He'd have to have a heart > 75% of the time for this to be a bad call. With any history at all, this seems like a fine call.
The format of your equations is tilting with all those '=' signs.
In the first part it's only (.9*(.5*105)). We don't win half of villain's $40, just half of whatever was in the pot to start.
Anyway, if we say the EV in that scenario is .9*(.5*105)-.1*40 = $43.25, raising is still almost definitely higher.
Using the same percentages and the suggested raise sizing of $105, Raising is massively better if he never calls to chop and never re-bluffs. .9*(145)-.1*105 = $120
Using algebra we can set x*(145)-.1*105 >= x*(.5*105)-.1*40 and find that x >= 65/157.5, or about 41% bluffing frequency. This is the frequency above which raising is better than calling against someone who doesn't re-bluff or call to chop. However, at and below this bluffing frequency both calling and raising are -EV.
Calling to chop here when we have much better bluff-catchers which can win the whole pot is spew, and almost never correct from an exploitative standpoint (villain would have to be capable of re-bluffing us or bluff-catching with chops sometimes)