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 Originally Posted by Erpel
I put his CO opening range around this:
22+,A2s+,KQs,AJo+,KQo (13.4%)
(anything missed in this range will fold to 3bet regardless)
This is the only part of your post I really have a problem with. There is no way villain is opening AXs and no other non-ace broadways except KQ. A more realistic CO range is probably:
22+, AXs, KTs+, QTs+, JTs, KJo+, QJo
Considering that he is loose enough to open any suited ace, I'd probably add in 54s-T9s, and maybe a few other suited hands as well like K9s, Q9s, J9s, and maybe a few other broadways like KTo, QTo, and JTo.
With how deep we are, villain can flat any of his pairs and any of his suited cards against us with pretty good odds. A conservative player (or someone being tricky) could even flat with AKs and QQ+, especially since he will be in position. Thus, I would put his range going to the flop as:
22-QQ (some AA and KK), AXs, KTs+, QTs+, JTs, 54s-T9s
Of that range, what hands call the flop (I like the flop bet size BTW... it's a dry board, so there's no need to bet more than 2/3 pot)? Villain might not believe that board hit you, but I think he still folds his lowest pocket pairs since they play bad on later streets. Villain also should be folding his KQ hands, but I've seen a lot of dumb crap so I'll leave that in. So we have:
77+, AJs, A7s, AcQc, AcKc, AdQd, AdKd, AhQh, AhKh, KJs, KdQd, KcQc, KhQh, QJs, JTs, 76s, 87s
We're actually not doing as good as you might expect against this loose range on the flop (I left KK out of the range since only some AA and KK are going to this flop):
Code:
Board: Jd 7c 7h
Hand 0: 39.083% 37.42% 01.67% 18521 825.00 { AA, QQ-77, AcKc, AdKd, AhKh, AcQc, AdQd, AhQh, AJs, A7s, KcQc, KdQd, KhQh, KJs, QJs, JTs, 87s, 76s }
Hand 1: 60.917% 59.25% 01.67% 29329 825.00 { AsJc }
So we're in decent shape but we're not especially happy with our hand at this point, and especially not once the turn comes:
Code:
Board: Jd 7c 7h Tc
Hand 0: 52.079% 50.63% 01.45% 1047 30.00 { AA, QQ-77, AcKc, AdKd, AhKh, AcQc, AdQd, AhQh, AJs, A7s, KcQc, KdQd, KhQh, KJs, QJs, JTs, 87s, 76s }
Hand 1: 47.921% 46.47% 01.45% 961 30.00 { AsJc }
Yikes! We should clearly be checking this turn in position, but since we're out of position we don't have that luxury. The next best option, IMO, is to bet/fold the turn. When we do that, we should be betting for slim value: we actually want to almost price draws in. If we're raised on the turn, we have to dump our hand expecting that we're beat, so the next best option would be to bet an amount that allows a drawing hand to call while leaving us in control of the pot. For that reason, I think betting $3 on this turn is too much. An amount like $2.50 charges draws sufficiently, doesn't look super-weak, and allows Villain the option of calling with a draw instead of being forced to raise or fold.
Anyways, what hands are raising on this turn? I think the non flush-draw AQ hands are probably folding. I think KJ and QJ probably call since there's no real value in raising. AJ might raise for value or to protect their hand. 88 and 99 might semi-bluff (each has about 6 outs to the near-nuts). QQ+ and any 7 certainly raises here since the board just got more drawish and they're looking to build a pot anyways, and JT is raising since they just hit top 2 pair (although it's losing to QQ+ and a raise is probably incorrect). 77, TT, and JJ are probably raising here to make sure they can get the rest in by the river, and this small amount should be the right price to keep you around. So in my opinion, Villain is raising small here with a pretty good draw that he just doesn't want to lay down and can't really call profitably, or is raising small here to build a pot and get the rest of your money in on the river. The new range, and your equity:
Code:
Board: Jd 7c 7h Tc
Hand 0: 57.927% 56.60% 01.33% 1021 24.00 { AA, QQ-77, AcKc, AdKd, AhKh, AcQc, AJs, A7s, KcQc, KdQd, KhQh, JTs, 87s, 76s }
Hand 1: 42.073% 40.74% 01.33% 735 24.00 { AsJc }
Naively, we only need 22% equity to call here. The problem is what is going to happen on the river. We are going to be out of position, with the pot at $19.45 and villain having $3.65. In other words, we are never going to be able to fold. So by calling here, we are effectively calling $7.95 to win a total of $26.75, so we need 30% equity. In other words, we're still good to call, but we actually can't just call here, because if we call, missed draws can check behind or fold the river and we lose the equity that we do have against those hands that were drawing. Basically, we have to put it all in now.
BUT... let's say villain isn't calling with less than a pair on the flop. Let's also assume that AJ just calls the turn. Now villain is never on a draw, and we're not doing all that great:
Code:
Board: Jd 7c 7h Tc
Hand 0: 64.463% 64.33% 00.14% 934 2.00 { AA, QQ-77, A7s, JTs, 87s, 76s }
Hand 1: 35.537% 35.40% 00.14% 514 2.00 { AsJc }
but because of the pot size, we still have to get the chips in.
So with the line so far, I don't think we can fold... our most +EV (or least -EV) move here is to shove over. If we had bet smaller on the turn, we could have made a case for an implied-odds fold to his raise, but running the numbers, we would have needed to bet no more than $1.35 to be able to fold to a raise, and that would just be absurd.
So really our best option is just to check the turn. I think we can potentially check/call and re-evaluate the river since we're pretty much a coinflip against his range going to the turn. On a 2-6 non-club or 7 river we can check/call easily. On a J river we're in great shape. We don't like a K, Q, 9, or club much, and on A or 8 we really don't know where we stand, so these river cards will make up the toughest decision on whether or not to check/call, check/fold, bet/call, or bet/fold.
Wow, one more addition. If we can bet like $2-2.50 here and assume that draws (AK, AQ, KQ, flush draws, 99, and 88) will call and only somewhat big hands will raise us, then I actually like bet/folding this turn:
Code:
Board: Jd 7c 7h Tc
Hand 0: 80.824% 78.69% 02.13% 1108 30.00 { TT+, 77, AJs, A7s, KJs, QJs, JTs, 87s, 76s }
Hand 1: 19.176% 17.05% 02.13% 240 30.00 { AsJc }
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