GlossaryStrategy

Multiway c-bet

A continuation bet into two or more callers, made far less often than heads up.

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What it means
Heads up, the preflop raiser can c-bet a dry flop with almost every hand. With two callers, one of them has usually hit something, so the c-bet is kept for strong hands.
How it is calculated
The rule of thumb c-bets into two players only with 50% or more equity against both ranges at once, on any board, and checks the rest. It is a simplification that ignores bet size and position.
Worked example
On K♠ 7♦ 2♣ the heads-up rule c-bets ace high. Against two callers ace high is far below 50% against both ranges at once, so it checks, while a strong top pair still bets.
Why it matters
Automatic c-bets into two callers burn chips: the bet has to get through both ranges, and the one who connected calls or raises.

See also: Continuation bet, Multiway pot, Postflop rules of thumb