Quote:
Originally Posted by vanvliet
When you say ‘isolation’ are you using the word just to mean the ‘raise’? Some people in my room seem to just use the two words interchangeably.
Or are you saying that the reason we raise in this spot is to isolate?
Well let's step back. There's two primary reasons to raise: to get more $ in the pot when ahead and get people to fold. But what your raise is really trying to do is this: Our value is higher if more money is put into the pot now.
Let's make a simple example. Say you can choose two raise sizes here: 8 or 12. And for simplicity, let's say the blinds go out, and not include rake. And for simplicity, let's say both opponents have a hand range of 10%-40% (so they each raise the top 10%, clearly not true here but work with me). Against 8, they fold 1/6th of the time, and against 12 they fold 1/3rd.
So our 8 scenarios are this: win $7 1 in 36 times (1/6th of the time each fold, so 1/6 * 1/6 = 1/36). 25/36 have 46.5% equity in a $27 pot with $8 invested. 10/36 have 65.9% equity in a $21 pot with $8 invested.
EV = (1 * 7 + 25 * (.465*27 - 8) + 10 * (.659*21-8))/36 = $4.98
Our 12 scenarios are this: win $7 1 in 9 times (1/3 * 1/3 = 1/9), have $39 in the pot and 46.8% equity 4/9 (surprised the 10%-30% slider on the poker cruncher app doesn't change much), and 4/9 have 65.8% equity with $27 in the middle.
EV = (1 * 7 + 4 * (.468*39 - 8) + 4 * (.658*27 - 8))/9 = $9.67
So in this toy case (and it's not this clean, and to be fair this likely overstates your benefit), we benefit more in both ways. We generate more folds, which allows us to win the $7 immediately (3.5 big blinds is not a joke in a game where even pros aren't really banking on more than like 7 per hour), and we get more $ in the pot from ranges we're ahead of.
This is parabolic, though. Like you can't take this logic and just go all in here; you'll only get action from hands that may actually be ahead of you (like if they limp 77), so there's a trade off between maxing out your fold equity and getting value from their continuing range. Generally you don't want to make your value raises in such a way where people can only continue against you with the higher portion of their range.
But AJo is generally going to be a good hand to isolation raise in position against. You're likely up against weak ranges, so you can charge them more to try and outdraw you, but you also don't mind just seeing them fold now. So that's why I advocate my raise size rubric against limps in position: trying to balance getting value for my good hands with occasionally just being able to take the dead $ now. Calling mistakes are the bread and butter leak of live poker players, so it's a good exploit to make it as pricey as possible.