Re: Firing the Second Barrel (long)
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what is the game-theory correct amount to river bluff? Is is the amount that makes you think I'm enough of a LAG that you'll give me free river cards and pay off my value bets every time?
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Wookie is referring to a couple of chapters in _Theory of Poker_. You should really read it, but a short illustration:
You are HU on the river with a hand that can only beat a bluff (like A-high). Your opponent bets. The pot lays 4:1. You should call if your opponent is bluffing more than 1/5 times; otherwise, you should fold. If your opponent bluffs exactly 1/5 times, then you can never make the optimal play on the river -- no mater what you do, you lose according to the Fundamental Theorem of Poker.
The real situation is somewhat more complicated, but i think i got the basics correct.
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