Calculating Correct Stealing Ranges?
The little I do know/have assumed:
I min-open the Button -
(2/3.5=.57)
I need a steal success rate of 57% to 'print le dolla.'
Expected Button steal success rate = SB (fold to But steal) x BB (fold to But steal)
If SBxBB fold to BUT steal % = more then 57% then it is not incorrect to open any two.
However, I am not sure how to intemperate this information to define what is the mathematically optimal steal % in any given situation.
My thought process thus far seems to be - 'wow, they fold loads to steal, I guess I can open a "wide range," and open as many hands as I feel comfortable playing post flop IP.
If there is a simple calculation that I am yet to come across, or, am too daft to work out, that calculates an optimal range I appreciate anyone offering feedback.
MD