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A Lightbulb on 2/3 the Pot
The standard play which I think has been discussed (and that I try to follow) is to raise 3-6x the big blind with a raising hand in order to isolate to 1-2 opponents. Then typically bet 2/3 the pot on the flop if it's checked to me whether I hit or not.
Example: (NL$25, .10/.25 = blinds)
I'm in late position with QQ.
3 limpers in front with button and blinds behind me.
Bet 5x ($1.25).
Button calls, blinds fold, one EP calls.
Flop: K 9 3.
EP checks.
I bet 2/3 (pot is $4.6, so $3).
Obviously you want them to give you credit for AA, KK or AK and fold if they have worse. 2/3-the-pot is enough for them to have poor odds to chase a draw. But is not too much that you have to take it down every time.
This is my realization: If I bet 2/3 the pot in this situation, I can still lose the pot 1 time in 3 and be even (assuming I'm raised and fold right there)or EV+ (if I'm just called and he is on a draw or I catch the Q). This seems simple enough now that I have given it some thought. But until now I was only listening to what I was told, and had not worked it through concretely in my head.
Often times I'll get wishy-washy with the math, or just bet $1.00 into a $1.35 pot because it's easier to type than $0.90. This seems insignificant, I know. A damn dime, who cares, right? But now that $1 bet has to take it down 3 times out of 4 over the long haul to stay even.
The $ difference my be small, but if you're betting 3/4 of the pot and wining with that bet 2 times out of 3, you're losing money.
(I'm sorry if this belongs in The Beginner's Circle. It's not high concept or anything, just an idea that drifted through my head as I fell asleep last night. )
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