One might ask the question, why is it more profitable to play against crazy, unpredictable players instead of playing against people who are more rational?
The answer is simple: An unpredictable player exploits himself.
How about the most simple example -- bet sizing. Good players don't often bet pot. They understand that it's not the best way to get value from weaker hands, and its not the most efficient bluff size. So, by frequently betting pot, a fish has exploited himself, in a way.
Good players also tend to merge their range, whereas fish may polarize theirs. This makes it easier to play turns and rivers, where the pot is large.Additionally, take the following game dynamic. If I'm folding too often preflop, my opponent should begin raising every hand against me. In fact, if I'm folding 60% or more of my hands, this strategy wins money every raise. When my opponent does not exploit this by raising every hand, he's missing an edge. When my opponent misses edges that I would not miss, I win Sklansky bucks.
[[ Roll The Dice ]]
tent October 14, 2009 2:28 AM
Wow! I am really liking this post, The title of the post says it all really.