GlossaryStrategy

Value bet

A bet made because worse hands will call it, so you win more when you are ahead.

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What it means
You value bet when the hands that call are mostly hands you beat. The bet grows the pot you expect to win.
How it is calculated
Look only at the hands that would call, not the whole range. If you beat more than half of them, a bet makes money on average.
Worked example
The pot is 12bb and you bet 6bb. The villain calls with 20 combos and you beat 14 of them, 70%. The call is worth 0.7 × 6 − 0.3 × 6 = +2.4bb to you.
Why it matters
Checking a hand that beats most calls gives away the chips a weaker player would have paid you.

Lessons that teach it: Value, bluff or check · lessons other than the free one need an invite

See also: Bluff, Showdown value, Bet sizing, Equity