Trend Spotting: Leverage
Posted by Krzysztof Slaski
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Hi Krzysztof, excellent video. A quick question: can you explain why OOP wants to polarize more on the low dynamic boards when he has a nut advantage than IP does?
In particular, in the T95ss example, it looks like we bet more as IP than as OOP when we have the QQ/JJ, but that OOP does more polarizing (essentially only overbet or check) whereas IP is still using the 2/3 sizing quite a lot.
Oop weare only leveraging the nutted combos. Ip we are leveraging the nutted combos as well as our other combos simultaneously leveraging position. With ranges being equal ip bets 50ish for a size that puts pressure to oop range.
With a nuts advantage and equal amt of strong draws oop our top range just wants to put pressure and pile money in before a turn that equalizes the playing field. Ip we can do this more effectively also with marginal hands.
The ev of our draws is higher than when oop so betting smaller and more merged is already putting oop strongest hands/draws closer toward indifference.
So basically we aren't worried about the board changing as much before we get money in because this change given equal ranges is sort of good for us and with the modified ranges it's less bad.
Also, Oop it is more important to protect your checking range because when you check flop there is a chance u will have to protect vs 3 barrells instead of 2. You also don't have the option to bet flop and turn and then just check river or bet flop check turn and face a single bet.
That is an excellent explanation, thanks jayhood187
Would like to see the betting frequency shown in %percentage% instead of the EV of the pot. Gives community a better idea of how often they should be betting their draws or made hands for certain size rather than reading the chart and guessing. Looking for to part 2 with the real hand examples.
Hey RunItTw1ce
Yeah I've realized recently that I am pretty bad at utilizing pio in my videos. I am making better use of all the features in my theory videos after part 2 of this one.
Cheers.
I think just a personal preference of mine to see %. Not sure how others feel about it, but only coach I see utilizing all of PIO is Krab42. Kevin uses a lot of features that confuse me because years of watching vidoes, he is first person I see use them. It only improves my knowledge though and wish more coaches would also use other PIO features.
Had no idea this series existed, great stuff, loved this one will watch all the others!
Questions:
13:30: I half expected OOP to fold more vs baseline but he actually folds less when having nut disadvantage (25% vs 30%). I assume that is because he can't raise has much (10% vs 19%) for obvious reasons so he has to call more to not give up too much equity?
The interesting thing that I noted is how the EV is redistributed per combo when you add the stronger hands. Decently strong hands loose EV and the draws gain, guess it also makes sense, sizes get bigger, ranges get tighter, decent strong hands won't be has strong compared to ranges that get to later streets and are not gaining that much EV by folding a certain set of hands while draws do gain EV by folding that same set of hands and when they hit the pot is already bigger.
Guess I don't need an answer, just tell me if I'm horrible wrong please :p
Thanks for your time!
Hey Mudkip
Hope you enjoy the series!
13:30 : You answered your own question here, this is a game theory concept as well, when you defend by raising you are allowed to do it less frequently than defending by calling, the major reason being that raising takes away your opponents ability to realize their equity with their folding region.
Your 2nd point is very interesting, and not something I thought of, but it makes total sense. When we add more strong combos into our range the opponent loses his incentive to put money into the pot, and since we are mostly building ranges around our strongest combos this is gonna end up hurting the middling strong hands. The draws on the other hand don't get as much resistance and they get to realize their equity cheaper being part of the nutted range. Cool observation !
Cheers.
42-20min thats suprising why KJo is a fold and 87o call(Line: check OOP, bet IP). Seems like obviosly KJ have higher equity (2 overcards and gutshot), however 87 have nutted SD since KQ not in a range..... Hmmm (scrath head)
Great video thanks. I'm trying to develop the habit of summarizing things in my own words to help me to understand them better (inspired by this short article about Richard Feynman, FWIW : https://www.entrepreneur.com/article/347371)
If you had a chance it would be great if you could have a look and let me know if I've got it right, if not no worries!
IP.
When we are in position with equal ranges, all our hands to some extent "want" to bet. Our strong hands want to bet because weaker hands will call, and our weaker hands want to bet because some stronger hands will fold.
When ranges are exactly equal, we can't do too much betting, since both ranges have the same equity, and we can't use a big size for the same reason. We don't have any combos that are pure check backs, but we do show a preference for betting with stronger hands and stronger draws.
The thing that restricts us from betting all our hands is that OOP has the option to raise, which will lead to use folding out some hands which still have equity against his raising range. This slows us down.
As our range gets stronger, OOP has to be more careful with his raises. This means we can bet more often, and for larger sizes, both with our strong hands and our weaker hands, which benefit from being dragged along by the stronger ones.
The weaker hands benefit by getting more folds, since OOP has to be careful of the stronger range, and by facing less check/raises, allowing them to at least have the chance to improve on the turn when OOP does continue.
BOARD TEXTURE.
The above dynamic is true for all boards, however the degree to which it is applicable varies.
On dryer boards, the effect is more pronounced. The board will not change very often, so out of position has less opportunities to check/raise with hands which can improve.
As the board gets wetter, when ranges are symmetrical IP has to be more careful with his bets, since his strong made hands might not be so strong on lots of turns.
So with equal ranges on a wet board, he sizes up to disincentivize OOP from check/raising. He also benefits from the larger bet because it will deny more equity to out of positions range, while getting more value now with strong hands that may be forced to check back when the board changes.
Again as IP's range gets stronger, he can bet more often, even on a dynamic board, although the rate at which he can increase frequency and sizing is a little slower than on a dry board.
However, if we keep adding strong hands to IP's range, eventually it will reach a point where he can just bet big with his whole range, thus fulfilling the original "goal" IP had of betting all of his combos, which he couldn't do when ranges were more equal.
Hey sirin
Interesting article. I can directly relate to the part about teaching others, making videos for RIO has been tremendous for my own development as a poker player, you catch yourself making silly plays/logical fallacies quite often.
This will be true for boards where equities are running pretty close between different hand regions within the range. It will not hold true on boards(or in spots) where ranges are highly polarized, as there will be many hands which either want to realize their equity cheaply or simply won't fold out enough better hands.
It's more so that a strong made hand isn't as strong on a wet board when ranges are symmetrical, because even the crappiest hands in the defending range have equity against it. If we take a hand that is the nuts on a wet board, but may not be on many turns(such as TT on the T95 board) it just wants to bet very large very often until the blocker effects severely diminish the ev of this option. Not being as strong on a lot of turns is not a concern, provided the hand has enough of an advantage over the defending region of course.
Cheers, and nice work ;)
Also, a video suggestion: How to organize in game when betting a range like the IP with equal ranges on T95s in the video:
In game, I tend to pretty much always bet QJ and KJ, and only bet the 86 type hands vs weaker opponents.
Would love to see a discussion on the trade offs involved in these kind of decisions when playing against humans.
Great thanks for the reply!
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