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Because his bluffing hands doesn't make up a big enough part of his range for it to be worth calling down.
of course, y'know it all depends on your assumptions of what villain will and will not do. and it also depends on what range you give villain and how much your weight it this way or that way according to his actions and boards.
all i'm saying is that there are certain boards and certain spots and certain villains whose hand ranges are going to be weighted heavily towards drawing hands--my point is that in situations like these it's better to induce bluff bets/raises, if they're willing to do so, from the start of the hand and whenever possible. it's about making money.