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 Originally Posted by iopq
say that the villain has four ranges:
|--- fold---|-----bet-----|---- call----|----bet----|
in this case you have this "dichotomy" because hands that he wouldn't bet he would just call with so he can't have medium-strength hands
unfortunately, a button opener's range is like this:
|---- fold---|---------------- raise---------------|
so then hands on the line between fold and raise are neither strong enough to raise for value, but you don't immediately make profit with your steal either or you'd have no folding range
so the combination of your folding equity and your post- flop equity is what makes you profit
I really like this as a visualization.
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