How often to bluff - Principle of Indifference (excerpt from the discussion of Chris Fergusons of game theory in his book 'Poker Wizards'). Quote part of the book already published on the Internet.
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"The principle of indifference" in the theory of the game when it comes to poker is very important. Basically it means that you must play to force your opponent to feel indifference to its most appropriate game. I am trying to do value bet with my best hands to bluff with the worst. If my opponent has a great arm, he will anyway pay me. If there is a terrible hand will give up. But when he got somewhere, I want to make you poizpoti.
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I do not want to know whether he should pay me or not. I do this by playing this way he will do equally well if you pay me or give up with all these mean hands.
If there is a $ 100 pot, I bet $ 10 he paid me, my opponent will only risking $ 10, with the opportunity to win $ 110. He would beat me only when I bluff and he will lose if I got a good hand. When I'm not bluffing, he will lose $ 10. Therefore, if I bluff only once every eleven hands that have it will flush out if you pay me every time. If he refuses each time, will also come alongside. Of course, he will lose or win money .... already invested in the pot. In this example, if I bluff with this frequency, it would have been indifferent, I would not know whether or not to pay me.
Why do I bluff? Because I do not want him to give up with all these medium-strength card , against my better hands. Indeed, suppose that he will pay me a very average card, and will make me indifferent to whether you bluff a lot.
Where I bet $ 10 into $ 100 pot, I rarely bluff. This is a situation that you may encounter in a limit hold'em game. In no-limit game, you will bet much more. This is why no-limit game is a game of bluff, because you will bet $ 100 into $ 100 pot. If he pays, he won $ 200 with these average hands. He risked $ 100 to win $ 200, which means that instead of bluffing one every eleven hands, as in the previous example, here is to bluff one of three hands. In other words, for every two hands that bet, I have to bluff once more if I want to make the opponent indifferent to whether I'll pay
In theory, if you bet $ 50 into $ 100 pot, one of every four bets must be a bluff. Another way of saying this is that every three good hands, you have to bluff with a bad hand.
If you never bluff, my opponents will understand this and will pay me only when they have hands with which they believe will win. Therefore I would only lose money with my good hands, because opponents will pay me when I'm beaten. If you bluff too often, you'll pay me too often and will end by losing more money than my bluffs than to win with good hands.
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