Re: A bluff I don\'t understand.... stakes irrelevant/ Stud High.
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What does game theory say about calling frequencies?
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In a nut shell, game theory would suggest that if you were playing something like 5/10 and on the river, you had a semi-decent hand, and there was say $100 in the pot, you would have to be approxamately 90% sure that you hand is beaten for you laydown to be correct.
Game theory is math that you should use if your opponents are better players than you. If you are not ever more than 50% sure that you are beat on the river, then you would be incorrect to laydown any reasonable holding if there was $50 dollars in the pot.
As a general rule in hold'em, you should call if you are getting more than 10-1 on a call and you only have a bluff-catcher.
Calling frenquency in game theory is at it's best when you are attempthing to pick off bluffs, calling frequency is simply attempting to define the optimal stratagy against a player that is using perfect bluffing frequency.
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