Re: \"Value Bet\"?
The "standard" definition is betting figuring to win most of the time when called. This is different than a "bluff" bet that has little or no chance of winning if called, or a "semi-bluff" bet that has a small but reasonable chance to end up winning.
Realistically this term is usually used in situations that may appear "marginal" to some or most folks: if you've got the nuts on the end you are technically "betting for value" but nobody would say that.
AQ flop Q-9-7--4-4. You've bet all the way and should "bet for value" on the river.
- Louie
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