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Learning No-Limit From Scratch ­- Checking for Value

by Roy Cooke |  Published: Apr 15, 2015


Bets, even those with the same nominal value, have varying degrees of value, defined as bet-equity. A bet made against an opponent that is correct for him to call is a bet you don’t want him to call. Unless you’re checking to induce a bet, betting and your opponent calling will be better than checking, but you’ll do even better if you bet and he folds. And, if an opponent calls with outs, but without the right price, you’ve gained only the negative equity of his bet. However, if your opponent is drawing dead, any bet acquired will give you 100 percent of its nominal value in equity. It’s important to calculate your poker equations in terms of equity, not in terms of the bet’s nominal amount. “A bet saved is a bet earned” is not a conceptually accurate statement. “A bet saved earned the equity saved from that fold” ...

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