[mykey1961]

[ QUOTE ]

Mykey, I must be missunderstanding you. Your solution is not accounting for bluffs, since you don't have any bluffing range. The bluffing range has to consist of your very worst hands, and your value betting range of your best hands. If there isn't a gap in between the two ranges, then BB can just call profitably with 2/3 of your betting hands.

EDIT: Also, Mykey, BB can not bet or raise.

[/ QUOTE ]

I was looking at this from the viewpoint of the BB.

Once the BB has determined the optimal strategy, any possible bluffing by the SB doesn't effect the EV.

From SB's viewpoint, the only reason to bluff is to potentially draw the BB away from his optimal strategy in an attempt to exploit the SB bluffing.

Unless we know how suboptimal the BB is playing, it's rather difficult to calculate when bluffing is better than folding.