This article is about value betting in poker. It discusses what the term actually means, strategies for implementing it in online and offline poker games and set examples of situations where it may be applied. It has been written to help you learn to play poker, and is aimed at beginners.
Value betting in poker is a common term in poker circuits and those who regularly play the game must be aware of it. Value betting is when one makes a bet with much confidence and expects to be called by a lesser hand. The bets are mostly on the river. Most of the time, we use this term when one bets little lesser edge hand towards the end, but then the person betting feels that this is the best hand he’s got.
The term ‘value’ in poker basically means the strength of a hand or in other words the chances you have at hand and in accordance with the rules governing the game being played, to be the best in the lot. Betting for value is a term which is now used to imply a betting tactic. In this tactic, one bets with an intent of increasing the size of the pot. There is a difference between a bluff and the protection bet, but to some extent, there are some aspects which are borrowed.
When betting for value, you have to focus on how you can make the bet as correct as possible and the best way is to approach it is with a positive expectation. The expectation here implies mathematical calculations which will bring you close to getting the right combination to allow you a upper hand. If he has positive exceptions, the player has a greater chance to of winning more than a bet when he puts a bet in the pot. In this situation, pot odds won’t matter much since one only considers the implications of calling or raising, and not calling or folding. When you are faced with a made hand and drawing hand situation, you can easily bet for value. The made hand does not improve the ‘win’, but the drawing hand needs you to improve on the cards if you have to win. You also have a greater chance to win if you have a made a hand with a drawing hand.
This can be explained by this example in Texas holdem. If a player has flop of 9 of hearts, 7 of diamonds, 2 of clubs and has eight of clubs and six of spades the player 8 ‘outs’, since this is an open ended straight draw. There are now 47 unknown cards and so the player can make the straight, which will be approximately 1 time in every 5 times that he does not and so a bet will be profitable if more than six or a least 6 of his opponents call.
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