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 Originally Posted by MadMojoMonkey
This.
Your minimum continuing range from the BB is determined by Villain's bet size.
Get VERY familiar with the equation { bet to you }/{ total amount someone will win if you call }.
This is most commonly expressed in poker as bet/(bet + pot). KNOW THIS. Memorize the common instances of this equation. Here's a start:
Hero is BB, Villain is SB, HU:
Villain limps: 0/(0 + 2) = 0%
Hero continues with 100% range.
Villain min-raises: 1/(1 + 3) = 25%
Hero continues with at least 75% range.
Villain raises to 2.5bb: 1.5/(1.5 + 3.5) = 30%
Hero continues with at least 70% range.
Villain raises to 3bb: 2/(2 + 4) = 33%
Hero continues with at least 67% range.
I am out of time, and must leave for work.... I have a sneaking suspicion that I took this from the wrong perspective... the math is probably good, but maybe taking it from Hero's perspective is bad... someone before me took it from Villain's perspective, I think...
Gotta go. I'll check back on this, though.
I'm really not any good at math, so could be entirely incorrect. But I believe if we are considering how often we should be continuing from an optimal standpoint, we should be looking at it from villain's perspective. That is, if he minraises, risking 1.5bb to win a pot of what will be 3bb, he only needs to win 50% of the time. Thus we need to continue >50% of the time or else he instantly profits.
Likewise if he opens 3x, risking 2.5bb to win 4bb, I believe we will need to continue 37.5% or more to deny him an instant profit with all his bluffs.
Surely someone better at this can chime in.
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