hard · Poker Theory Postflop

Game: Six-Max NLHE | Format: Cash | Blinds/Antes: 0.50/1 | Effective Stacks: 100 bb | Hero Position: BTN | Pot Size: 30 bb Hero holds K♠ Q♠ on a K♣ 9♥ 4♥ flop in a three-way pot. Player A (SB) holds A♥ J♥ (nut flush draw) and Player B (BB) holds 9♣ 8♣ (middle pair). If Hero bets large and Player A folds correctly while Player B calls incorrectly, where does Hero's profit primarily originate?

1. The profit is split between B's information loss and the redistribution of A's forfeited equity share to the remaining players.
2. Hero's profit comes from the fact that K♠ Q♠ has increased its raw equity against two opponents compared to one.
3. The profit is entirely generated by the MDF violation committed by Player B in calling a bet with insufficient equity.
4. Hero only profits from Player B's error, as Player A played perfectly according to the Fundamental Theorem of Poker.

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