Quote:
Originally Posted by TacToeTic
I can theorotize over this. But i think why this statement is a little bit false: do we categorize 6x,5x, Ax as villains valuerange or bluffcathing range). Villains value range pretty much crushes us.And villains callingrange&and valuerange arent the same thing.
It's purely when we bet for value.
It doesn't have to do anything with villain betting or raising. It's just about our bet on the river.
It doesn't matter what villains calling range is, it's a pure theoretical statement that is at the base of a value bet.
If you're betting for value and villain has more than 50% of hands in his calling range then we're making a -EV value bet.
There are plenty of other types of bets, this is purely when betting for value.
Semi-bluffs & bluffs are something different.
Equity protection bets are something different.
Example:
We're on the river and we are first to act.
We bet $100 purely for value (pot size doesn't even matter)
Since it's a value bet, we want villain to call, so assume villain is calling 100% of the time here. (Which is almost never the case, but that doesn't matter for this theory)
When villain calls, villain wins 51% of the time.
We are now losing $1 every time we make this value bet.
Our value bet is now -EV
Repeat 1000 times and we're down $1000
So we need villain to call with a losing hand more than 50% of the time to make a profitable value bet.