GlossaryStrategy

Semi-bluff

A bet with a draw: it wins at once if they fold and can still make the best hand if they call.

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What it means
A semi-bluff is a bet or raise with a hand that is probably behind now but has outs, such as a flush draw. A pure bluff has no such outs.
How it is calculated
It has two ways to win: fold equity now, and the draw's own equity when called. That second part means it needs fewer folds to break even than a pure bluff of the same size.
Worked example
You bet 10bb into 10bb with a draw that wins 35% of the time when called. Called every time and with no more betting, it makes 0.35 × 30 − 10 = +0.5bb, so every fold is extra.
Why it matters
Draws are the natural hands to bluff with, because they are rarely drawing dead when the bluff is called.

Lessons that teach it: A bet with a draw wins two ways, Building a check-raising range, Betting again on the turn · lessons other than the free one need an invite

See also: Bluff, Fold equity, Draw, Bluff break-even