Quote:
Originally Posted by Gabethebabe
Alex Jacob goes on 2+2 by his own name. I remember him making this really good post in a very interesting HS thread.
that post was actually quite bad in retrospect specifically the idea that prahlad was printing money because people responded to his overbets in that manner. (if a mod feels strongly about no strat in nvg I guess delete but these are both dead threads and there's near tons of overlap between people reading so who cares?)
Shoving 3x the pot to get called by 25% of the opponents range seems to be making more than betting 1x the pot and getting called by 50% until you account for the fact that QJ comprises a lot more of the former than the latter and you additionally lose out when the other guy would have bluff raised a pot sized bet (or I guess had a brain fart and value raised worse). As you get into larger bet sizes it becomes more obvious as to why, since if prahlad shoved for 10x the pot the optimal call range would be comprised entirely of QJ which obviously makes it a terrible bet.
As is QJ probably represents somewhere around 10-15% of your range
even if you start working from the perspective of prahlad where he has exactly QJ and therefor your combos are limited to 9. This assumes you call the pot turn bet with KJ+, KT, AA, and calls about half the time with sets and some small number of weaker hands - which is I think somewhere in the right ballpark given what your flop bet range should look like.
That means your optimal call range on the river for a 3x pot bet size has him getting paid off by worse only 10-15% whereas against a pot size bet he gets paid by worse 35-40%. Getting paid 3x pot 10-15% of the time is now actually about the same as getting paid 1x pot 35-40%, and that's before you factor in the times you get raised when you bet pot. So no, prahlad is not getting rich by people calling his overbets optimally on the river and even if he is never bluffing what he gains in those spots he loses out on by getting called much less frequently by worse hands.
What could be argued is that AK falls below the 75th percentile of hands (or at least would only be fractionally above it) but that's kind of besides the point he was making.