Quote:
Originally Posted by DeathDonkey
This is a good question I never thought about until just now - what I meant was he opens 33% of his range, how often he has that part of his distribution when its folded to him there is something I'm not sure even a solver can tell me.
Yes, I was also pretty sure it means 33% of the range, which in turn means that the difference in opening frequency is not as big as it seems at first glance. Still, it's very useful to know not to open too wide in this situation.