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Bet Tendencies |
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The long established
reasoning in the poker community has been to size your continuation
bet in proportion to the pot size such that you offer yourself good
odds on the bet. Meaning you want to bet as small as possible in
order to give yourself an overlay against your opponent. However,
you don’t want to bet too little to give your opponent odds to draw
or improve. Poker players reason, if they bet between one-half and
two-thirds the pot size they maximize the value of their
continuation bet, by giving themselves the greatest overlay possible
on this bet without giving their opponents too good odds to
continue. The goal is to find the balance. This means if you are
betting between one-half and two-thirds pot your continuation bets
are going to show more profit right? Not at all! |
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This
is a shortsighted and generally stupid way of looking at
why we continuation bet after every flop. Instead of
focusing our logic on the hands we end up playing versus
opponents we focus it on how we can maximize our value
given how likely they are to have missed and then fold
the flop. Continuation bets are not a bet that can be
examined in a vacuum. |
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When we
continuation bet (one of the known poker betting
patterns) we cannot just consider the profitability of
the bet based on the percentage of the time our
opponents fold instead we must also consider what
happens when they continue. The hands that our opponents
continue in are far more important then the ones they
fold, they contain more money, more decisions, and are a
larger part of your profit. Instead, we must consider a
broader perspective using continuation bets as a piece
to the larger puzzle. We want to put our opponents in
tough spots when they continue after the flop instead of
maximizing our "missed flop" value. We want the later
streets of each hand to be easier and higher EV for us
because those streets give us far more expected value
then the continuation bet. |
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To put it succinctly the goal of a continuation bet is
to maximize the EV of the entire hand, and that often
means betting more then 2/3rds pot and sometimes even
just continuation betting larger then the pot. The
most important factor to consider when making your
continuation bets is that they be of similar size in
similar situations. Your goal on the flop in your own
raised pots is to keep your hand disguised from your
opponent as long as possible. The more disguised your
hand, the more mistakes and misreads your opponents
make. Your continuation bet size cannot give off
information on your hand in anyway. So what are some
factors that we can consider that will change our
continuation bet size? |
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Flop texture is far and
away what I will look at right away when considering my
continuation bet. Larger bets are for "wetter" boards
and smaller bets are for “drier” boards. You want to
charge more on boards with more draws, and allow more
hands to call on boards where you have more equity
versus an opponents calling range. Meaning, on drier
boards opponents have less outs, less equity and bigger
bets force opponents to define their hand earlier on.
Another important factor to consider when making a
continuation bet is the size of your stack and your
opponents. If you are the pre-flop raiser, it is often
your goal to have the option to triple barrel your
opponent (bet flop, turn, and river where he would call
all three) whether bluffing or value betting for their
entire stack. You want to be able to size your river
bets in larger proportions of your opponents stack.
Instead of value betting most of their stack, your river
bets should be a push. |
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