Poker Video: No Limit Hold'Em by terp (Micro/Small Stakes)

On Balance: Episode Three

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On Balance: Episode Three by terp

Terp is moving to the topic of showing flop textures and our range versus our opponents range on each flop, with illustrations and examples.

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Terp returns to teach the mysterious subject of balance. Many players think that balance simply requires “a little of this and a little of that”, but Terp will set you straight!

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terp on balance balance classroom powerpoint ipod friendly theory flop texture

Video Details

  • Game: nlhe
  • Stakes: Micro/Small Stakes
  • 59 minutes long
  • Posted 12 months ago

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Comments for On Balance: Episode Three

DiggerTheDog

Avatar for DiggerTheDog

697 posts
Joined 09/2008

This is perhaps ~ a thought bubble.
But with respect to the proportion of the number of combos standard range hits A84fl - you made a comment how you were suprised/or we might be suprised by how little of our range hits the board and how much it hits our opponent.

It would be interesting to think if there is an upper/lower limit to how often we hit with standard TAG/LAG positional PF hand ranges on anytype of board.
Perhaps then we would get a better feel for how far we are from hitting a board hard or not with our range.

To put it in an oversimplified manner - say the most combos as a % in any UTG situation is 40% and the least 25% - then we would only ever say that we hit a board well 33% of the time or above.
So even though 33% is a low amount vs our total range - as a range of a range its right in the middle.

Which is to say - I am concerned that our expectation of hitting a flop with our range is perhaps too high and might in fact be bounded.

I hope that makes sense.

Posted over 1 year ago

nilaynilay

Avatar for nilaynilay

23 posts
Joined 08/2008

nilaynilay

Avatar for nilaynilay

23 posts
Joined 08/2008

Time Link to 00:12:47

Yes i like your graphics. no need to be apologetic. they get the point across very well.

Posted over 1 year ago

Slowjoe

Avatar for Slowjoe

1031 posts
Joined 01/2010

Prologion

Avatar for Prologion

1985 posts
Joined 03/2010

Time Link to 00:10:47

Finally I have some room to return to your series^^

Here you have said that when our opponent is balanced, it is for us most profitable to be also balanced.
But why?
When our opponent is balanced, then isn`t our action indifferent of our EV which will be zero?

Posted 11 months ago

terp

Avatar for terp

1771 posts
Joined 01/2008

glad you are watching these!

and you are correct:

in a vacuum (in an isolated/immediate situation), it won't matter. but one of the side benefits of being balanced is that we still get the information of our opponent's play. so even if his ev is equivalent, he sees what we do. so if we play like a spazoid, he won't make any more that hand, but he'll learn one way we deviate from balanced play and will be able to exploit us later.

Posted 11 months ago

Prologion

Avatar for Prologion

1985 posts
Joined 03/2010

glad you are watching these!

and you are correct:

in a vacuum (in an isolated/immediate situation), it won't matter. but one of the side benefits of being balanced is that we still get the information of our opponent's play. so even if his ev is equivalent, he sees what we do. so if we play like a spazoid, he won't make any more that hand, but he'll learn one way we deviate from balanced play and will be able to exploit us later.



ah ok, now I see - thank you for clearifying thisSmile

Posted 11 months ago

Diddy

Avatar for Diddy

23 posts
Joined 07/2011

Time Link to 00:42:01

Hey terp,

if have one question:

How do you classify, which part of your range is the valuepart?
For example KK has also >50% EQ vs his callingrange, but is not mentioned.

Could you please specify the valuepart for your UTG-Range on this board vs your opponents range.

Best wishes
Diddy

Posted 9 months ago

terp

Avatar for terp

1771 posts
Joined 01/2008

good question

when we do GTO models, it's very easy to define a value range as 'better than his range.' in practice, we operate on a gradient. a valuebet is a bet that has >50% eq against a calling range, not 100%. it's quit easy to think about a bunch of 100% equity valuebets and 0% equity bluffs - it's a very simple ratio to achieve our desired balance!

again, in practice, we will have hands that beat more than half his calling range, but not all. we would like to bet these. we want to consider the next ev of all of our valuebets, and then bluff accordingly. for instance, a hand that is always ahead of his range will require more bluffs to balance than one that is only 55%. put another way, the more a hand adds to our value range, the more it enables us to bluff.

Posted 9 months ago

Allermand_DK

Avatar for Allermand_DK

484 posts
Joined 11/2008

Excellent job doing Terp! Wink
Thx. for sharing you knowledge about such an important basic understanding point in NLHE, which imovery few players fully understand!

I really looked forward to see this video, because having some hard struggeling to get a fully understanding of what balance is, yours tale enlighted me and puts in down to a concrete example. I would like to ask you a question though,m to exam my general understanding on balance.

To exploit balance, we have to estimate how balanced our opponent is in each action in a vacumm, like you talked about in ep. 2 about 3b and 5b pre right? and then adjust to it, by offering him pot odds we give him or we get by calling? (or raising)?

Best regards
Allermand_DK

Posted 5 months ago

terp

Avatar for terp

1771 posts
Joined 01/2008

you are correct

we exploit our opponents for their LACK of balance. we can determine this by figuring out what would be balanced and seeing how far they are away.

the simplest way to exploit our opponents would be to compare the frequencies they do something compared to how often they should. suppose we arrive at the river with 20 combos. if our opponent folds to a bet here 80% of the time and does not adjust to how often we actually bet, we should bet all of our air hands here (and consider checking our made hands, particularly if he will bluff).

if however, our opponent calls a pot-sized bet (we have 2/3 value and 1/3 bluffs) with his whole range that beats our bluffs, we are not making a profit with our bluffs. our bluffs only ensure that we keep getting paid when we bet our value hands.

Posted 5 months ago

Allermand_DK

Avatar for Allermand_DK

484 posts
Joined 11/2008

if however, our opponent calls a pot-sized bet (we have 2/3 value and 1/3 bluffs) with his whole range that beats our bluffs, we are not making a profit with our bluffs. our bluffs only ensure that we keep getting paid when we bet our value hands.



How do we then exploit this opponent? - just trying to rebalance our range by betting pot with only valuehands? It's hard for me to really understand Smile

Posted 5 months ago

terp

Avatar for terp

1771 posts
Joined 01/2008

well to maximally exploit him, we'd want to know his calling range versus every bet size. for simplicity, suppose we work with pot or 1/2 pot.

i think i did a table in the first or second video that discussed this. if i didn't, it just means it never made it into the video. if i had to guess i think i omitted it because of time and volume. exploiting someone who doesn't respond to exploitation basically means doing what will get them to do what you want with your particular holding Smile

Posted 5 months ago

Allermand_DK

Avatar for Allermand_DK

484 posts
Joined 11/2008

Okay thx. I think I understand. I give you a hand a played yesterday, so you can comment and correct my thought processes during the hand, for some reason DC's or any handcorverter I could find couldn't convert my hands at Microgaming because I play in EUROS, so I simplify, just so you guys can eaisier follow my thoughtproces and comment:

BU me: QQ
Villian MP: http://screenshooter.net/3651144/ihdgsne

Villain open and I 3b for value. He calls HU to flop. Villians range: KK+,QcQs,JJ-55,AKs,AcQc,AsQs,AJs-A2s,KcQc,KsQs,KJs-K9s,QcJc,QsJs,QcTc,QsTs,Qc9c,Qs9s,J9s+,T9s,98s,A6o+,K9o+,
QcJd,QcJh,QcJs,QsJc,QsJd,QsJh,QcTd,QcTh,QcTs,QsTc,QsTd,QsTh,Qc9d,Qc9h,Qc9s,Qs9c,Qs9d,Qs9h,J9o+ 281 hands

Flop: As4sAd, I cbet 1/2 pot, he calls V's range: AhAs,KK,QcQs,JJ-55,AcKc,AhKh,AcQc,AhQh,AcJc,AhJh,AcTc,AhTh,Ac9c,Ah9h,Ac8c,Ah8h,Ac7c,Ah7h,Ac6c,Ah6h,Ac5c,Ah5h,Ac4c,Ah4h,Ac3c,Ah3h,Ac2c,Ah2h,KcQc,KsQs,KJs-K9s,QcJc,QsJs,QcTc,QsTs,Qc9c,Qs9s,J9s+,T9s,98s,AcKd,AcKh,AcKs,AhKc,AhKd,AhKs,AcQd,AcQh,AcQs,AhQc,AhQd,AhQs,AcJd,AcJh,AcJs,AhJc,AhJd,AhJs,AcTd,AcTh,AcTs,AhTc,AhTd,AhTs,Ac9d,Ac9h,Ac9s,Ah9c,Ah9d,Ah9s,Ac8d,Ac8h,Ac8s,Ah8c,Ah8d,Ah8s,Ac7d,Ac7h,Ac7s,Ah7c,Ah7d,Ah7s,K9o+,
QcJd,QcJh,QcJs,QsJc,QsJd,QsJh,QcTd,QcTh,QcTs,QsTc,QsTd,QsTh,Qc9d,Qc9h,Qc9s,Qs9c,Qs9d,Qs9h,J9o+ - 242 hands

Turn: 7d, I cbet again planning to shove on all rivers, he calls V's range: AhAs,KK,QcQs,JJ-TT,9c9s,9d9s,9h9s,8c8s,8d8s,8h8s,7c7d,7c7h,7d7h,6c6s,6d6s,6h6s,5c5s,5d5s,5h5s,AcKc,AhKh,AcQc,AhQh,AcJc,AhJh,AcTc,AhTh,Ac9c,Ah9h,Ac8c,Ah8h,Ac6c,Ah6h,Ac5c,Ah5h,Ac4c,Ah4h,Ac3c,Ah3h,Ac2c,Ah2h,KsQs,KsJs,KsTs,Ks9s,QsJs,QsTs,Qs9s,JsTs,Js9s,Ts9s,9s8s,AcKd,AcKh,AcKs,AhKc,AhKd,AhKs,AcQd,AcQh,AcQs,AhQc,AhQd,AhQs,AcJd,AcJh,AcJs,AhJc,AhJd,AhJs,AcTd,AcTh,AcTs,AhTc,AhTd,AhTs,Ac9d,Ac9h,Ac9s,Ah9c,Ah9d,Ah9s,Ac8d,Ac8h,Ac8s,Ah8c,Ah8d,Ah8s,Ac7d,Ac7h,Ac7s,Ah7c,Ah7d,Ah7s,KcQh,KcQs,KdQh,KdQs,KhQs,KsQh,KcJs,KdJs,KhJs,KsJc,KsJd,KsJh,KcTs,KdTs,KhTs,KsTc,KsTd,KsTh,Kc9s,Kd9s,Kh9s,Ks9c,Ks9d,Ks9h,
QcJs,QdJs,QhJs,QsJc,QsJd,QsJh,QcTs,QdTs,QhTs,QsTc,QsTd,QsTh,Qc9s,Qd9s,Qh9s,Qs9c,Qs9d,Qs9h,JcTs,JdTs,JhTs,JsTc,JsTd,JsTh,Jc9s,Jd9s,Jh9s,Js9c,Js9d,Js9h - 134 hands

River: 4h
Villians donks shoving, imo this is always for value, and I'am folding here 100%, but if he had checked, i could exploit him by betting AI giving him about 4:1 --> cause him to call 20% at least, if he is folding more I'am exploiting him for being unbalanced? If he checks i think the guy is never having an Ace and even if he calls with all his Ax hands 1/8 times.

Sorry if if my hands countings are not exactly, but hope you can use this Smile

Posted 5 months ago

terp

Avatar for terp

1771 posts
Joined 01/2008

that's a really tough presentation to follow but i think i got it. i like the idea of betting twice for value versus a weak player. i think you should check your stove and make sure this is actually good if you think he defends every A6o+, though. also, you have him with every random QJo and whatnot on the turn. this seems kind of unrealistic, no?

Posted 5 months ago

Allermand_DK

Avatar for Allermand_DK

484 posts
Joined 11/2008

that's a really tough presentation to follow but i think i got it. i like the idea of betting twice for value versus a weak player. i think you should check your stove and make sure this is actually good if you think he defends every A6o+, though. also, you have him with every random QJo and whatnot on the turn. this seems kind of unrealistic, no?



Once again sorry for the poor outline of this handWink, are there really not a converter that can convert, microgaming hands in Euros, to a normal threadformat in DC?

Imo. this guy if floating every QJo hand with backdoor flush potential OTF. OTT whether i bet for value is unclear, because, for some reason, I can't just plug in the ranges again in stove Frown and I am to lazy to do it all again. Is my river reasoning correct, assuming the criterias are correct?

Posted 5 months ago

terp

Avatar for terp

1771 posts
Joined 01/2008

i am not sure. unfortunately converters on the whole can be tripped up by pretty small things. have you checked if you may have extra characters in your HH, such as a different time zone stamp?

ok, the QJo assumption is probably reasonable. it's easy to get carried away carrying these assumptions to 100%, so i will usually do something like say 50% of combos or only ones with a BDFD, so your method seems fine.

i think stove lets you copy text directly into the handrange part. it will show as red (i think) until it's in the proper stove format. just watch the commas and spaces Wink

Posted 5 months ago

Allermand_DK

Avatar for Allermand_DK

484 posts
Joined 11/2008

Stove allows this, but I've copied - pasted in notebook, think I should have done it in Word or Open Office as you use in "On Balance". Wink - The commas and spaces, was the problem exactly for me, for some reason Smile

Anyway I've just watched 1/3 of ep. 4 "On Balance", imo. your really outline, key thougt processes and how to use balance in your game! Thumbs Up! Wink

Posted 5 months ago

terp

Avatar for terp

1771 posts
Joined 01/2008

Allermand_DK

Avatar for Allermand_DK

484 posts
Joined 11/2008

ty sir!



NP, but I would like to ask you, how you calculated these rough hands estimation, using CardrunnerEV(stoxEV)???

Merry x-mas Wink

Posted 5 months ago



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