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The Wisdom of the Continuation Bet
You make your standard raise of four big blinds in middle position with A-K, and find yourself with one caller. The flop misses you. ?Every time,? you mumble to the computer screen. Of course, you can still win this pot with a continuation bet. According to Dan Harrington and conventional wisdom, ?When you bet half the pot, you need to win only one-third of your bets to break even? (Harrington on Hold?em p. 279). I have immense respect for ?Action Dan? but recently I?ve begun to question this particular wisdom. Properly viewed, I think it is mistaken, or at the very least, it may lead you to think you are doing better than you really are. read more in pokerworks.com