medium · Poker Theory Preflop

Which of the following describes the 'Bunching Effect' and its impact on late-position opening ranges?

1. Folded cards from early position are disproportionately low, meaning the Blinds likely hold slightly stronger cards.
2. Early position folds increase the probability that the Button holds an Ace.
3. The Button's range should widen because there are fewer players left to act.
4. Folded cards are random, so there is no impact on the strength of the Blinds. (under this line) (under this line) (under this line)

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