Quote:
Originally Posted by `Fearu
Incoming theory, the closer you play to GTO the more variance you are going to have this is all about looking for that 51% and with it comes swings.
So further you play from GTO, the lower variance is?
Such notion is ridiculous, but you probably haven't thought of the flip side to your statement.
Quote:
Originally Posted by `Fearu
The other option is to play exploitively this means putting yourself in spots that can be exploited by others and betting based on opponents tendencies, in hopes to receive additional value.
I do not think you fully understand what GTO means, and you really do not need to understand it in LLSNL.
Quote:
Originally Posted by `Fearu
Chances are none of us are really the best at either strategy. But my point was thin value on GTO style can be a 51% vs 49% because you are ahead of your opponents range so you bet the river. Whereas exploitively a river bet for thin value could mean trying to get additional money on the river that other players would not have.
TLDR : thin value has multiple meanings.
Biggest nit in the world is at your table and in your thousands of hours playing with him, he has never once raised preflop without AA.
Random player comes to the table and it's his first time ever playing with this biggest nit. Biggest nit raises in MP, random looks down to see KK and re-raises AI.
Is random 3betting with KK a -EV play?
To you, it obviously is, but to him, it's hugely +EV.
The point of the example is that of course EV is different from player to player, because EV calculation relies on range assessment and everyone ranges differently based on several factors.
Definition of thin value never changes, simply means low +EV.
What you have in mind is a situation similar to my example, in which case, underlying variables of EV calculation change, and thin value is not thin value to someone with more information.
However, it still doesn't change the relationship between thin value and variance.
Last edited by Richard Parker; 01-20-2016 at 01:04 PM.