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#1
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Re: \"Value Bet\"?
I have always thought of "value bet" as something you do if you are quite a bit ahead moneywise in your poker session and have a decent hand.
More than likely a hand that is second best, but could just as likely win and since your expectation for this poker session is already on the positive side..so you bet. Very confusing concept because there are alot or reasons you bet and varying definitions of betting. If you bet on the river with a "value bet" you are protecting your hand which is a potential winner. If you bet into a pre-flop raiser on the flop you are betting to see where you are at...which I would also consider a value bet. |
#2
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Re: \"Value Bet\"?
A "value bet" is a bet or raise you make when (1) you are certain that you will be called and (2) that has a positive expectation.
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#3
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Re: \"Value Bet\"?
I have had the sense that a value bet is the largest bet that your opponent will call after the river when they are beaten. Assuming you have read the hand perfectly due to the board, bets, position, etc. and know that you are winner, you want to bet an amount that your opponent will call. You want to maximize this amount, but go too high and you get nothing (other than the pot, which is yours anyway). This definition, of course, does not apply to limit games. Maybe this is one application of a "value bet", but it is where I have heard it applied.
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