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Hypermegachi's 6-Max Texas Hold'em Limit Guide - River Play
You've made it this far. There's almost no folding now. The pots by this time are big enough for you to call down with almost anything. If people were passive through all streets, then you can consider folding (because the pot will be small). However, if someone bets into you, and you only hold mid pair top kicker, what should you do?
I consider a big pot to contain 10BB or more. With 1BB back to you, you are getting 11:1 odds to call. In other words, you only need to beat the bettor 8.3% of the time for this call to be profitable. You CANNOT fold unless you are over 90% sure you are beat. Almost no read is that accurate. Maybe if the board was 4 flush with 4 to a straight you can fold. Otherwise you shouldn't fold. You will be constantly surprised with the crap your opponents are playing.
Early Position
If you've been betting the entire time, you should bet again if the river is a blank. If the river completes many potential draws, you should still bet it. Just because the river card completes flushes and straight draws doesn't mean your opponents hold them. If they are straightforward opponents, they might raise you, allowing you to fold (only if the pot is under 10bb, call if it's big). You spend just as much when you are ahead as you are behind. Check calling the river automatically when a scare card comes will make you miss a lot of value bets. Do not assume the worse. If they shown a lot of aggression on the turn, then I may check call it down.
Middle Position
If you're still at the river at middle position, you must have a pretty good hand. If someone early bets, before you call rerun the hand and see what late position players have done in previous streets. You do not want them raising after you because it will be very costly.
Late Position
Call down scary rivers in big pots. Bet blanks when you have a hand.
Facing a raise
Again, most players will not raise back at you without a good hand on the river. However, before you go psycho and hit the raise button again, put them on a hand. Just today I was dealt rockets. Hit a set on the flop, bet the flop, bet the turn, bet the river, and I got raised. I paused for a second, and I thought no fricken way they have QT for the gutshot on the river. I reraised, and they cap it back. Yep they had QT.
Bet or check behind? Bet out, or check/fold?
Theory of Poker mentions that sometimes you cannot bet because the only hands that will call are the ones that beat you. This is true, but only with thinking opponents. Loose low limit games are filled with players who will call with the lowest pair just to make sure you aren't bluffing them out of the pot with an unimproved AK. Because of this, you should be able to value bet a large percentage of your hands, even the marginal ones. Put a label of tight or loose on the player and adjust accordingly. Tend to be aggressive against loose opponents, and passive against tight players on the river, with your marginal holdings.
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