[Redeye]

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For the hand in question we have a PFR raisor and a BB defender. The dead money in the pot is the SB. If the blinds were out and two other players were vying for the blind money then what you say would be correct. In this spot there is little dead money, and it will be likely gobbled up by the rake.

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Preflop, the BB defender should not just be viewing the dead money as the small blind. The PFR should be seeing the big blind plus the small blind (1 2/5 SB in the 5/10 game) as dead money whereas the defender is seeing 3 SB + the small blind as dead money. You're getting (3 2/5):1 on your call in the BB making defending with hands like 97s correct. If you we're only getting the small blind as dead money, defending with hands like 97s would be incorrect, IMO.

I think Tolbiny's statement exactly explains the difference when he says:

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The situation only applies when two players are betting and there is no pot. In this case you are each vying for your share of what is in the pot, so both players can make thoeretically +ev plays. The -ev play that allows for multiple +ev plays by both players is the posting of the blinds.


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The guy with AK will make a +EV call because he has odds since there is a reasonable amount of dead money in the pot. However, having a pair gives the defender much more equity per bet and therefore makes money every time he can get a bet into the pot. Therefore, if the defender can c/r the guy with overs, he is making money when doing so even though it bloats the pot making it correct for the PFR to call down with his overs.