|
A merged range is not the opposite of a balanced range. Merged is another way of saying depolarized. I actually talk about this in the most recent part of the free NLHE foundations course (part 6) with a very instructive example.
How balanced a range is basically works on a spectrum from being completely exploitative (optimal exploitative) to being unexploitable (game theory optimal). The more balanced a range is, the closer it is to the unexploitable end of that spectrum.
Example: We're playing paper-rock-scissors, and I notice that you're throwing paper 90%, rock 5% and scissors 5% of the time. The most exploitative strategy I could do would be 100% scissors, and the unexploitable strategy is 33% paper, 33% rock and 33% scissors.
In this example, a strategy of 50% scissors, 15% rock, 35% paper would be more balanced than a strategy of 80% scissors, 5% rock, 15% paper. It's more balanced because it's closer to the unexploitable strategy than being completely exploitative.
|