hard · Poker Theory Foundations

In a three-way pot on a coordinated board, Hero bets for 'Protection'. How does 'Denial Value' mathematically behave compared to a heads-up pot?

  1. It stays the same; the pot size is the only variable
  2. It roughly doubles; you deny equity to two independent ranges
  3. It triples; three-way pots are exponentially more dangerous
  4. It decreases; fold equity decays as f^n

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