Re: continuation bets losing money, how do I adjust?
Malachi summarized most of Harrington's advice:[ QUOTE ]
I'm really tired, but I'll post a couple of thoughts before I hit the sack.
1) Don't bet too much for your continuation bets... I usually bet between 1/2 and 2/3rds of the pot. Sometimes 3/4ths. Never larger. The less you bet, the less often they need to work to be profitable.
2) Think about the flop texture when you bet. Something like 9-7-6 is not a great flop to bet your AK on.
3) Don't make continuation bets everytime you raise preflop. ~60-75% is probably ideal.
4) Don't make continuation bets into loose players that are liable to call you with any piece of the board. These are fish who need to be value bet, not bluffed. Also, pay attention in between hands so you can figure out who the AK cops are.
[/ QUOTE ]
I would add that Malachi has a higher percentage on how much to bet than Harrington, but that could very well be better advice because Harrington was speaking in general whereas Malachi is talking about SSNL online.
I would also add that in order to make continuation betting effective, you also have to check raise some.
Other Harrington: CB into one opponent is ok, into two is riskier, into >2 usually bad.
Pay attention to position; CB more late, obviously, after it's checked to you.
You have to pick your flops very carefully: what Malachi and Harrington have to say about texture is vital--you have to save your continuation bets for flops that probably didn't hit anybody else, or at least didn't hit them hard.
And the opponent's style matters, too: the tighter they are, the more the flop can have hit them. Generally don't cb bet into maniacs, or even lags, as they will call with any piece of the flop or any draw.
Basically, just remember that it is a bluff, and all the normal considerations come into play.
Lastly, note what Harrington says on odds: if you make a 1/2 pot CB, it only has to work 1 time in 3 to be break even, so don't sweat a short run where they are all getting called, if you are taking good shots.
That was from memory, so someone please correct any defects in my recollection of what Harrington says. Thanks.
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