Preflop Dynamics Flashcards

1
Q

Criteria for Hand Selection

A
  • Good starting equity vs likely VPIP ranges
    • mid/big pairs, big Ax, suited broadway, some low pairs (these block trash and thus get fewer folds and more re-raises)
  • Slightly less eq but can realize well
    • mid-suited, Axs
  • Block villain’s VPIP/3-bet ranges
    • suited broadways, Axs, some offsuit broadway
  • AVOID poor starting equity or realize poorly
    • Trashy suited, weak Axo, offsuit trash
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2
Q

Positional Adaptations

A
  • Range widens as we get near button: why?
  • Fewer players to get through to capitalize
  • Thus, capitalize more frequently
  • More likely have position if flatted, thus realize more effectively
  • Option to flat if 3-bet and shift to realization
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3
Q

Range Interdependence

A
  • Ranges consist of frequencies of calling, folding, raising, totaling 100%
  • The more we call with a hand, the less we can raise with it
  • As calling range expands, raising range polarizes
    • ​Criteria for value-raising/bluffing get stricter when calling attractive, eg defending BB vs small raise (good calling odds)
  • If no calling range, rasing range is linear
    • No point raising weak, folding strong: eg, we’re BB facing raise and 3-bet. We 4-jam top X%, fold rest
  • Mixing it up has no inherent value, especially vs weak opponents (e.g. 3B 74s or flat KK to ‘be unpredictable’)
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4
Q

Adapting Ranges

A
  • Detailed range construction at Academy
  • Adaptations must bear interdepenence in mind
  • Wider ranges make equity harder to realize post or vs 3B
  • Tighter ranges leave equity on table by folding
  • Synergy of interdependent ranges is how we profit
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5
Q

Pros of Flatting

A
  • Keeps villain’s range wide
  • Allows cheaper equity realization
  • Creates deeper postflop SPR
  • Exposes villain’s c-betting mistakes
  • Builds a dynamic with players still to act behind us
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6
Q

Cons of Flatting

A
  • Unable to capitalize PF or exert fold equity
  • Allows villain to realize equity
  • Difficult to build bigger pots post
  • Creates more multiway situations
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7
Q

Deciding When to Flat

A
  • Profitable flats come from being able to make good postflop decisions and flat freq should go up with increasing experience
  • Weak players should be tighter pre
  • Be wary of flatting MP with loose players behind
  • With tight blinds, we can flat BTN liberally
  • In multiway: equity decreases faster than pot odds improve
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8
Q

Pros of 3-betting

A
  • Allows capitalization/exertion of fold eq pre
  • Makes bigger pot with our stronger range
  • Denies opponent free equity realization
  • Seizes initiative, puts villain on defensive (psychologically important)
  • Allows creation of spots opponents hate playing
  • Reduces multiway risks
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9
Q

Cons of 3-betting

A
  • Forces more chips risked preflop
  • Lower postflop SPR reduces our decision-making edge
  • Sometimes we must fold to a 4-bet and realize no equity
  • Diminishing returns vs opponents who adapt effectively
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10
Q

Deciding When to 3-Bet

A
  • Best spots are where villain folds frequently
  • Allows dead money capitalization and prevents eq realization
  • There is an auto profit threshold beyond which ATC is a hypothetically profitable 3B
  • However, we don’t want ATC ranges postflop
  • Two factors govern 3B frequencies
    • Our position
    • Position of opener
  • EG: UTG-1 3B tight vs UTG, but BTN 3B wide vs CO
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11
Q

Responding to 4-Bets

A
  • Most low-stakes players 4B only the nuts
  • We seldom face difficult 5B shove decisions
  • Have a plan for 4B before it happens
  • Don’t want to 3B/fold hands with good eq realization potential
  • So, 3B ranges more polar when shallow
  • Deeper stacked, flatting 4B more viable, so more merged 3B ranges
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12
Q

Defending SB

A
  • Flatting hard: guaranteed OOP, possibly multi
  • Will be squeezed by BB more often
  • VPIP usually lower vs a raise
  • Many defend with more 3B
  • But: often just end up OOP in a bigger pot than if we had flatted
  • Pure 3B or fold strategy is viable, but must be for specific reasons, not as standard policy
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13
Q

Defending BB

A
  • Defense vs single raise requires understanding of equity realization
  • Vs 4x we get 1.83:1 (call 3 into 5.5) = 35%
  • Many hands have 35% eq but not all can realize
  • Reverse implied odds more of a concern when OOP with deep stack
  • Deeper stacks get, more eq realization threatened
    • Simply more likely we are forced to fold somewhere before river
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14
Q

SPR

A
  • Lower SPR, closer we are to all-in
  • Closer we are to all-in, the more important raw equity becomes
  • Low SPR means less fold equity
  • In high SPR spots, equity realization threatened, capitalization matters more
  • Thus, edges are bigger at deep stacked games
  • Why? Odds of getting to showdown decrease. Good players don’t simply rely on showdown value of their hand to realize equity
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15
Q

SPR by Street

A
  • <2.5:1 - stacks likely all-in on F or T
  • 2.5-5 - occasionally all-in on T, sometimes R
  • 5-10 - 3 streets betting needed for all-in
  • 10-20 - F or T must be bet and raised to get in
  • >20 - >1 street must be bet and raised to get in
  • Dynamic flops with more raises cause more rapid SPR shrinkage
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16
Q

50 BB Deep

A
  • Few sizing options, or we price ourselves out of 3B/folding
  • Villains opens to 3BB
    • If we flat, 7.5BB, and we’re 47BB: 6:1 SPR
    • If we 3B to 10bb and called, pot 21.5bb and we’re 40bb = 2:1 SPR
  • If we 3B and get called, stacks often all-in on the flop. We’re obligated to bet-call anything with decent equity
  • Flatting allows room to maneuver and realize eq
17
Q

100 BB Deep

A
  • 3B no longer commits to calling off
  • Thus, more sizing options
  • Sizing to >15% effective stack makes 4B/Fold hard for villain
  • 3B/fold ranges necessary
  • Difficult to risk stack when flatting
  • V opens to 4BB
    • We flat, pot 9.5, we have 96, SPR 10:1
    • We 3B to 13, called, pot 27.5, SPR 3.2:1
    • We 3B to 18, pot 37.5, 82 eff, SPR 2.2:1
    • We 3B to 22, pot 45.5, 80 eff, SPR 1.75:1
18
Q

200 BB

A
  • We and V have many more options
  • 4B/fold ranges now in play, and post-flop 4B pots
  • Villain opens to 4BB:
    • Flat, pot 9.5, we 196 eff, SPR 21:1
    • 3B to 15, pot 30, SPR 6:1
    • 3B to 15, V 4B to 50, call, SPR 1.5:1
  • Villain 4B too small, transforms postflop SPR. Too big, we never flat
  • Manipulating postflop SPR one of our key techniques to manipulate opponent
19
Q

500 BB

A
  • Nothing off the table
  • Sizings/approaches very opponent focused
  • Villain opens to 4BB:
    • Flat and SPR 52:1
    • 3B to 15, call, SPR 15:1
    • 3B to 15, 4B to 50, call, SPR 4.5:1
  • 5B folds now a possibility, and postflop play in a 5B pot
  • Even if V opens to 5 or 6 BB pre, still likely true
20
Q

Self-reflection

A
  • Do I think about open ranges in-game, or just about the hand I’m playing now?
  • Do I ever 3B without knowing why?
    • Does this also apply to flatting?
  • Do I preflop size robotically?
    • Do I have a ‘standard’ sizing?
    • If so, why is this ‘standard’?