Originally posted by SPeedFANat1c
The 47% cbet success rate indicates that the cbets are showing a huge immediate profit.
May you explain this more? Why it makes huge imediate profit. We hit about 30% of flops, (have heard somewhere
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If I cbet 66% of the potsize, then I can win 166% on success.So the success rate should be 66/166 = 40%. Plus the cbet 1/3 of the time is for value.
So 2/3 of the time of those 40% cbet must be succesffull, which is 27 %.
"Immediate profit" ignores the strength of your hand. It means your bet gets so many folds that betting and then giving up if you are called is better than giving up now. If you bet 2/3 pot, you need only 40% folds to make an immediate profit, as you calculated. In practice, you don't have to give up every time your opponent does not fold, and checking is also not the same thing as giving up, so immediate profit does not tell you whether it is right to bet or not. However, your total profit can be broken down into immediate profits (or losses) on each street plus your share of the pots which go to showdown. If you get a large immediate profit by betting now, then checking has to be quite profitable later for it to be better.
By the way, your calculation of 27% assumes your opponents act differently based on what you have, and that they don't fold when you are betting for value. This is a poor assumption. In practice your opponents actually fold a little more often when you have something because of card removal effects. It's easier for your opponent to have top pair if you don't have top pair.
I don't like stealing without position. But if you say I would make more profit, then I should consider it. What percentage should I aim for in steal being in SB?
Aim for profit, not a percentage. Adjust to your opponents. If the BB doesn't defend the blinds very often, then steal with a 100% range. Steal until the BB starts defending often enough to make it unprofitable to steal with complete trash.
What is your steal success rate from the small blind, and how much do you typically open-raise from there? Do your raises make an immediate profit?
If you feel your opponents are more observant, then you should sometimes fold from the small blind. If you folded the previous time, then you might steal with a wider range the next time. If you raise several times in a row, some people will take a stand with marginal hands just to show you that they know you are stealing with trash. However, some opponents will not adjust correctly. Some will tighten up against a loose raiser because they fear later bets, and that a maniac might have two pair on a flop like K72. Tightening up against a maniac means the maniac's first raise is more profitable.