Explanation of Price
When we use the term \" price \" in poker, it typically identifies how much we must call in a given scenario, particularly in regard to the existing amount in the pot. When the required call is minimal compared to the pot, it is often phrased as "we're getting a good price for calling.\"
Less frequently, the word \" price \" might describe the comparative cost associated with making bets or raising the stakes. For instance, if we place a small bet as a bluff, we could say that "we're getting a good price on our bluff.\"
Here’s an example of the use of Price in a sentence -> The opponent placed a bet that was only 40% of the pot, meaning we were benefiting from a favorable price for making the call.
Incorporating Price into Your Poker Strategy
As a useful rule of thumb, the more advantageous our price , the broader the variety of hands we can choose to proceed with. For example, if an opponent employs a smaller betting strategy, we should be cautious about folding too regularly. Conversely, if they make a substantial bet relative to the current pot, which provides a less favorable price , we should be inclined to fold more and stick to a narrower selection of hands.
See Also