Definition
A value bet is a bet made with the intention of being called by worse hands, increasing EV.
Value bet
Betting to get called by worse hands.
Key points
- Value bets target a specific calling range.
- Sizing trades off call frequency vs value extracted.
- Thin value is profitable only if worse hands call often enough.
Common misconceptions
Myth
Value betting means betting big.
Reality
Sometimes small bets get more total value.
Myth
If I’m ahead, I should always value bet.
Reality
Some hands are too thin and prefer checking.