How important is intrinsic value to relative value in a poker hand?

[ZenonBR]

One of the things I've learned over time playing poker is to separate the real value of each hand depending on the situation.

If we look at KJ off, it has an intrinsic value that is considered good. It is part of the set of hands that you start raising with, even from the initial position known as UTG, so that is its intrinsic value.

But depending on the situation in question, this value can change to what we call a relative value.

And what does this really mean in practice?

Well, in the image below we can see a small example.



Here we have a KJ off in MP2, with the UTG limping in and the villain from UTG2 entering with a RAISE.

This makes the value of our hand now have a relative value.

So in this situation here I ended up choosing to give up the hand, because I imagine intervals with some blocks, such as AK, KQ, AJ or pairs like AA, KK etc. Regardless of whether it was an KJ off, AT off, QJ off in this situation I would choose to fold.

I just created this brief summary to talk a little about this situation in question, well, I hope this topic is useful in some way, that's it.

 

[RALF_AK]

One of the things I've learned over time playing poker is to separate the real value of each hand depending on the situation.

If we look at KJ off, it has an intrinsic value that is considered good. It is part of the set of hands that you start raising with, even from the initial position known as UTG, so that is its intrinsic value.

But depending on the situation in question, this value can change to what we call a relative value.

And what does this really mean in practice?

Well, in the image below we can see a small example.

View attachment 383489

Here we have a KJ off in MP2, with the UTG limping in and the villain from UTG2 entering with a RAISE.

This makes the value of our hand now have a relative value.

So in this situation here I ended up choosing to give up the hand, because I imagine intervals with some blocks, such as AK, KQ, AJ or pairs like AA, KK etc. Regardless of whether it was an KJ off, AT off, QJ off in this situation I would choose to fold.

I just created this brief summary to talk a little about this situation in question, well, I hope this topic is useful in some way, that's it.

...the topic is good, but in my opinion it forgot to mention the villain's profile... depending on that, the hands change value...

 

[babyrosejr]

Одна з речей, яких я навчився з часом, граючи в покер, це розділяти реальну цінність кожної роздачі залежно від ситуації.

Якщо ми подивимося на KJ, він має внутрішню цінність, яка вважається хорошою. Це частина набору рук, з якими ви починаєте рейз, навіть із початкової позиції, відомої як UTG, тож це його внутрішня цінність.

Але залежно від ситуації, про яку йде мова, це значення може змінитися на те, що ми називаємо відносною величиною.

І що це насправді означає на практиці?

Ну, на зображенні нижче ми можемо побачити невеликий приклад.

View attachment 383489

Тут ми маємо KJ off у MP2, з UTG лімпує та лиходій з UTG2 вступає з RAISE.

Це робить цінність нашої руки тепер відносною.

Тож у цій ситуації тут я вирішив відмовитися від роздачі, тому що я уявляю інтервали з деякими блоками, такими як AK, KQ, AJ або пари, як-от AA, KK тощо. Незалежно від того, чи було KJ off, AT off, QJ off у цій ситуації, я б вирішив скинутись.

Я просто створив це коротке резюме, щоб трохи поговорити про цю ситуацію, про яку йде мова, що ж, я сподіваюся, що ця тема буде корисною в чомусь, і все.

The theory is interesting, but is it supported through some program and is it possible to disassemble this distribution in some GTO?

 

[ZenonBR]

...the topic is good, but in my opinion it forgot to mention the villain's profile... depending on that, the hands change value...

Yes Ralf, all of this goes into context, it is very complex, it is also hard work to do these topics on behalf of the translator, yes we can bring up the villain's profile, whether he is tight, maniac, etc., the game itself is quite complex, so realize that the intrinsic value of the hand is affected by several nuances that the game proposes, and each particular situation is unique, where what will really make the difference is experience, the more time in poker and evolution, the more the player will know how to act, so to become a great player, sometimes the process can be long, but achievable, I appreciate the comment.

This google translator is terrible for creating these topics.

 

[ZenonBR]

And like in this example here, the villain enters raise 2x the BB in UTG and the intrinsic value of my hand has decreased significantly, it is an AT, but that doesn't mean it will always be good.

So I fold again.



And after.



A correct decision confirmed.

 

[EarnDAStack]

I don't think it's intrinsic or relative value, the concepts in poker is called equity and EV.

Your hand and range's equity will of course change as you progress through the hand and as you had mentioned the actions villain takes also impacts your hand or ranges equity against theirs.


Then there's also equity realization which incorporates how often you're actually going to end up at a showdown with your hand and how often you'll be made to fold your hand. EG when we're OOP we realise our equity less because IP can make us fold.

 

[dreamer13]

It is almost impossible to estimate the exact mathematical expectation of a particular decision in money during the game, as well as the monetary value of the stack. These calculations are too complex and time-consuming.From a money perspective, a +cEV call may be worse than a fold.