hard · Poker Theory Foundations

Game: NLHE | Format: 6-Max Cash | Blinds/Antes: 1/2 | Effective Stacks: 100 bb | Hero Position: BTN | Pot Size: 5.5 bb According to 'The Fundamental Theorem of Poker', where does Hero's long-term profit in a pot originate?

1. From holding 'premium' cards and winning showdowns with the best hand.
2. From 'table selection' and playing against players who are 'on tilt'.
3. From 'out-playing' opponents by bluffing them off better hands in large pots. (under this line) (under this line) (under this line)
4. From the sum of opponents' information losses (errors) relative to clairvoyant play, minus Hero's own errors and rake.

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