999 vs LAG

[yellowjack]

I like the bet/call a lot more than check/call.

For the bet/call, if villain raises every time he has a straight, we lose 2 BB. On the other hand, we win 1 BB if he doesn't have it. I'm arbitrarily setting villain folding 10% of the time. I'm not taking into account getting raised by a lesser hand for simplicity. Also I'm assuming villain will raise with a straight, which makes sense.

Let p be the probability of villain holding a straight.

p * (-2BB) + (0.9-p) * (+1BB) + 0.1 * (+0BB) > 0
-2p + 0.9 - 0.9p > 0
0.9 - 2.9p > 0
1 > 2.9p
p > 0.345

Villain needs to have a straight more than 34.5% of the time to make a bet unprofitable. I believe villain will have a straight less than 34.5% of the time, so I bet/call based on the EV calculations.

---

For the check/call, villain is a lag. Does this mean he will bet anything when checked to? I'll set the probabilty of villain betting a lesser hand to 25%, meaning 75% of the time he'll bet when we're beat. I'm unsure on these values I used here, some input would be great.

0.25 * (+1BB) + 0.75 * (-1BB) = -0.5BB

That was easy. Check/calling is -EV if villain is value betting over half the time with a hand that beats us.

This seems to go against the norm of check/call replies, I'll be double checking this.

[ QUOTE ]
I like the bet/call a lot more than check/call.

For the bet/call, if villain raises every time he has a straight, we lose 2 BB. On the other hand, we win 1 BB if he doesn't have it. I'm arbitrarily setting villain folding 10% of the time. I'm not taking into account getting raised by a lesser hand for simplicity. Also I'm assuming villain will raise with a straight, which makes sense.

Let p be the probability of villain holding a straight.

p * (-2BB) + (0.9-p) * (+1BB) + 0.1 * (+0BB) > 0
-2p + 0.9 - 0.9p > 0
0.9 - 2.9p > 0
1 > 2.9p
p > 0.345

Villain needs to have a straight more than 34.5% of the time to make a bet unprofitable. I believe villain will have a straight less than 34.5% of the time, so I bet/call based on the EV calculations.

---

For the check/call, villain is a lag. Does this mean he will bet anything when checked to? I'll set the probabilty of villain betting a lesser hand to 25%, meaning 75% of the time he'll bet when we're beat. I'm unsure on these values I used here, some input would be great.

0.25 * (+1BB) + 0.75 * (-1BB) = -0.5BB

That was easy. Check/calling is -EV if villain is value betting over half the time with a hand that beats us.

This seems to go against the norm of check/call replies, I'll be double checking this.

[/ QUOTE ]

When we win with check/call we win the whole pot, not just some part of a BB.

True

[yellowjack]

I'm evaluating the EV of the river play.

Yes but that doesn't matter. You have to take in account what you win when you win and what you lose when you lose.

[yellowjack]

The size of the pot doesn't matter here. We're figuring out the best play to maximize EV on the river, alone.

[krishanleong]

[ QUOTE ]
Yes but that doesn't matter. You have to take in account what you win when you win and what you lose when you lose.

[/ QUOTE ]

No, you can calculate the EV of a river bet without including the pot. He isn't folding you know.

Krishan

[yellowjack]

[ QUOTE ]

p * (-2BB) + (0.9-p) * (+1BB) + 0.1 * (+0BB) > 0
-2p + 0.9 - p > 0
0.9 - 3p > 0
0.9 > 3p
p > 0.3


[/ QUOTE ]

This needed to be fixed badly.

Based on the notion that the entire size of the pot being relevant here, the river going check/check and us winning has an EV of +1.3BB, which is wrong.

[kidcolin]

True is right. The Ev of the river player still depends on the pot size.

And villian doesn't just need a straight. He could also have a bigger set.

[jba]

[ QUOTE ]
True is right. The Ev of the river player still depends on the pot size.

[/ QUOTE ]

hmmm while my actual "expected value" depends on the pot size, the question is whether bet/call makes more money than check/call. assuming I never fold and villain never folds a better hand (pretty damn safe assumption) the pot size will have the same effect on overall EV for both lines. am I missing something?