Quote:
Originally Posted by iraisetoomuch
I think you are correct in the sense that a lot of this discussion is moving towards hand reading and away from 'who has the lead'.
But I think that's because having the lead as you say leads into hand reading.
It leads into perceived ranges. It leads into fold equity and a number of other higher level concepts. (Higher level than, I can haz two cards, they iz pretty?!)
The idea is that even if people don't think about hand ranges, and don't think about equity, and don't think about pot size they understand concepts like 'strength' and 'weakness' and 'bluffing' and 'not bluffing'. The understand these general ideas and when you raise you are 'strong' and when you limp or call, you are 'weak'. When you bet again, you are 'strong' and when you check you are 'weak'. So, when we raise we take the initiative, and we are now strong and when we bet again, we are really strong. So, we can win pots that we would not have otherwise.
I'm not really sure if the effect of 'having the lead' in an of it self can be quantified, but it becomes just another aspect of the the game that merges all together with other ideas like hand reading to give us (as good players) an overall idea what what we think we should do in a hand. And for a bad player, it gives them a reason to fold when they 'don't feel it' or whatever the current fishy logic that prevails it.
Ok, now this definitely makes sense and is in harmony with everything the other posters itt have said.
I will have to go back to the Annie Duke book and see if she seems to be saying this or something different. (Again, she is definitely talking about the value of having the lead even when all players at the table are good players.)