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MORE IN THIS SERIES : Part 1 | Part 2 | Part 4 | Part 5
TPE Theory: Bluffing with Andrew Brokos (Part 3)
MORE IN THIS SERIES : Part 1 | Part 2 | Part 4 | Part 5
jonmon101
Good series thus far. I know you mention ‘over-betting 3x pot’ towards the end of the video, and I have a decent understanding of overbetting, and why we should want to use it against capped ranges etc. in cash games. I’m curious though, like midway through tournaments, should we be less inclined to use overbets from the old mindset of “chips gained aren’t as valuable as chips lost”? Or in other words, should we be gradually less inclined to put in huge bets the deeper we go into the tournament due to the fact that our equity in the tournament is getting more and more valuable. I read Matthew Janda’s book on game-theoretical poker, and have been curious how applicable some of the concepts are to tournaments compared to cash games etc.
redvulture61
To stop yourself from getting bluffed you want to play your range in such a way that makes your opponent indifferent bluffing.
Foucault
That’s an interesting question and I’m not entirely sure of the answer. Although you’re correct that you should be somewhat risk averse when it comes to large bets in tournaments, this is also true of your opponent. In other words, a big bluff should be in some ways less risky because your opponent ought to be less inclined to call than he would be in a comparable cash game situation.
This is especially useful if you’re doing a good job of identifying capped ranges. You can think of two different kinds of risk associated with big bluffs:
a) running into nutted hands;
b) getting hero called by weak hands.
Correctly identifying capped ranges greatly reduces the risk of (a), and I would think that the ICM considerations you mention ought to apply more to the caller than to the better, so that (b) should actually be less of a concern in tournaments than in cash games. That assumes an opponent who understands this concept himself. Against opponents who are not appropriately risk averse, you should attempt this play less often in a tournament.
Very interesting question, thanks!
jonmon101
Yeah that makes a lot of sense, thanks for the response and keep on keepin on man!