In the new thread on the Baluga Theorem, there's an offhand comment from DK Barrel saying:
Quote:
Originally Posted by DK Barrel
... of course that probably means I should just be triple barreling every single hand...
So I wanted to try to do some calculations to get a feel for what would happen if we really did raise preflop and then triple barrel every single hand.
I did some calculations. In my calculations I assume the following:
1. We raise to 5bb preflop. We neglect the blinds (they get raked away).
2. We get 3 callers preflop.
3. We fire a flop bet. If one person calls, we fire a turn bet. If our opponent calls that, we fire a river bet. I assume we are deep enough not to get all in with these bets, and I also assume that we don't get more than one caller on the flop.
4. Each barrel that we fire postflop is pot-sized.
5. I assume we will take the pot down on the flop 1/3 of the time. I assume that when we get a flop call, that caller will fold 70% of the time to a turn barrel. I then assume that if that bet is called, the caller will fold an additional 30% of the time to a river barrel (since calling the turn is usually stronger than normal).
6. I assume we are bluffing, i.e. that we never win at showdown if all 3 barrels get called.
Under these assumptions, the EV of triple barrel bluffing is a little bit worse than -10 big blinds. To be quite honest, I'm a bit surprised it's this close to zero.
What I can never be sure of, of course, is whether my assumptions are reasonable enough to give me a decent idea of anything. But, I wrote some code to carry out these computations. The code can easily be changed to accommodate changing assumptions #1, 2, 4, 5, or 6. So if you want to help me with my thought experiment, tell me what you think is a reasonable way to change the percentages and I can run the numbers. Hopefully we can get a lot of different perspectives on what we think are reasonable calling percentages and I can run the EV under all the different sets of assumptions.