medium · Poker Theory Foundations

At s = 0.75, the value-to-bluff ratio is 2.33:1. At s = 2.0, it is 1.5:1. Why does the ratio of value hands to bluffs decrease as the bet size increases?

1. Because larger bets are harder to balance with value (under this line) (under this line)
2. Because MDF decreases as sizing increases
3. Because the caller's required equity increases, necessitating a higher bluff frequency
4. Because overbets are inherently more deceptive

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