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Great maths post Pelion interesting stuff.
To sprayed, my contribution to the topic
To start imagine you guys only had 12bb effective stacks.
So when he 3bets you, you can only call or fold.
If this were the case you'd have to call 8bb to win 17bb (your 4bb raise, his 12bb 3bet and 1bb for blind.)
This means due to pot odds you should call if your hand has 32% equity vs his 3bet range.
If he has a really tight 3bet range like QQ+, Ako+, you can only call with
any hand in his 3bet range or a pocket pair profitably.
If has a really loose 3bet range say 99+, KQo+
you can still call with any hand in his 3bet range and any pp, and non-dominated sc's.
With full stacks we should still play the same all things being equal,
but unfortunately there are alot of factors to take into account...
1.The first and most important is "iniative/aggressor" ev - the pfr usually gains alot of ev in the hand esp. if the opponent just tries to play hit to win poker and set hunt as in the example above. (ie. he takes down the pot too often pre-flop or on the flop than should be mathematically correct, ie. you may fold your Ak to his Aq cbet on a flop you both missed, or your 55 to his AQ on K96 flop.)
2.The second is positional ev, if the 3bettor will have position on you post flop you will lose alot of ev trying to play a hand with 33% equity vs his range for 3 streets. (but less than iniative ev)
So because of having to deal with this ev draining post flop scenario, it is actually in practice rarely very profitable to just call a 3bet.
You should instead maximise your ev by at least 4 betting any hand in the top 1/2 of his 3bet range (you are over 50% to win those hands)
You should also 4bet weaker hands about 1 in 4 /5 times (depending on the pot odds you're giving him with your 4bet.)
a) Because he can't do anything to counteract it if the frequency you "bluff" 4bet is in line with the pot odds you give him. (You'll have to read up on Sklanskys optimal bluffing frequency if you are not familiar with it.)
b) Because you regain the iniative in the hand (iniative ev) & he will fold more often pre-flop or on the flop to a c-bet than is mathematically correct.
The only times I think it is correct to call a 3bet is when you have either positional ev vs someone who folds too much on turn or river or great implied odds ev vs someone who will put there stack in too often with an overpair.
(& Pelions post above is probably ideal to figure out when you have odds to do so.)
Note# with 100bb stacks if you were playing hit to win poker you would be better of calling non-dominated sc's to a tight 3bettor because of the greater implied odds, but as Pelion explained they are rarely there until you get to 135bb+, so I would still prefer calling them to a loose 3bettor (where you have more equity vs his range) if I believed his range or his style was also too weak/tight post flop to stand a raise on alot of board textures. (also taking into account my own image.)
Again take this with a pinch of salt, just been thinking about similar topics these last few weeks while waiting for a proper internet connection to play poker.
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