Another
line of thought: What about
set mining? (*note: All of the following calculations hinge on the assumption that SB
will not 5-bet.)
Hero bets $0.50 for value, hoping for a
call, but expecting 2 folds. This bet is excluded from the
implied odds calculation.
Set mining: (odds)*(bet) - (pot) <= (ESS)
odds = 7.51/1 = 7.51 ~= 8
pot = 0.10 + 0.20 + 0.50 + 1.30 + 3.45 = 5.25
bet = 3.45 - 0.50 = 2.95
ESS(SB) = $17.15
ESS(BB) = $22.54
using exact odds:
7.51*2.95 - 5.25 = 16.90
Hero is
barely priced in to
set mine against SB, fine against BB.
using approximate odds:
8*2.95 - 5.25 = 18.35
Hero is still priced in to
set mine against BB, but not SB.
If the $0.50 was a
complete bluff/
steal, which
Hero expected to
check/
fold on most flops, then it gets
tight enough to
fold
7.51*3.65 - 5.25 = 22.16
8*3.65 - 5.25 = 23.95
Using the exact odds,
Hero is barely priced in to
set mine vs. BB. It's a losing proposition against SB.
In all of this, though, I'
m assuming that
either the BB
or the SB will continue past the
flop. Doesn't the idea that
both might continue and
stack off against a
set make this even more +EV? Or are there enough boards on which
Hero catches a
set and still loses that this is moot?