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Preflop hand selection strategies in multi-way pots on bovada: how often should I believe that they have it on later streets?

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Preflop hand selection strategies in multi-way pots on bovada: how often should I believe that they have it on later streets?

Okay guys,
I'm an american kid that plays micro stakes(6max .05/.10) on bovada for about 12-15 hours a week. I don't have the roll for poker software to access any specific stats (VPP, PFR%, ect) other than propokertools or other sites that offer those kind of equity calculations. So, with that in mind lets get to the real point of this post.

Most of the hands I decide to preflop raise in any position I'm getting 2-4 limp callers no matter what. I've decided to combat this with tightening up my range in all positions and limping more often with a mix of weak and strong hands. First of all I would like to know if you think this strategy is viable given the action of most of my opponents. If so please let me know and if not constructive criticism is welcome.

Moving on the the second half of the post title is where things are getting a little trickier. In a multi way pots if you're betting hand with some equity like top 2 pair and the limp callers call and the draws on the board get there how do I determine what percentage of the time I should be folding. In the past i mostly have folded when the draw gets there and my OPP opponent who limp calls and calls a cbet on a two toned board decides to lead after the flush comes in or the board pairs. Like I said I don't have the exact stats, but could someone be so kind to enlighten me in how often I should be believing in my opponents that may or may not be capable of floating and bluffing me when the draw gets there?

I am assuming that most of my opponents do not have "good" preflop hand selection and are capable of calling down with a lot of weaker hands. So this poker question leads back to one of the the most thought about subjects in the game. Where is the value and how do I realize it?

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