hard · Poker Theory Fundamentals

Scenario: Game: No-Limit Hold'em | Format: Cash Game | Blinds/Antes: 1/2, no ante | Effective Stacks: 100 bb | Hero Position: Cutoff | Pot Size: 2.5 bb. You open to 5 bb. The Button calls. The Big Blind squeezes to22 bb. Using the 'Squeeze Arithmetic,' why does the Button's call significantly increase the required fold frequency for the Big Blind's bluff?

1. The success rate decays exponentially with each additional player who must fold.
2. The Button is guaranteed to have a stronger range than the initial raiser.
3. The Sunk-Cost Fallacy requires the Button to call more often once they have invested chips.
4. The Big Blind's risk-to-reward ratio becomes unfavorable when more players are in the pot.

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