Value Bet

There are two types of bets you can make in poker. A bet that is made by a player with a strong hand with the intention of getting called by a worse hand is called a “value bet”. On the flip side, betting when you have total air with the intention of getting a fold from an opponent(s) that is called a “bluff”. There are varying degrees of value bets you can make. The obvious value bet is when you have the nuts or close to it and clearly you want to bet as much as possible to extract value from any worse hands. But if you have a medium strength hand it’s not so obvious if you have the winning hand so you might not bet. When you bet a medium strength hand with the intention of getting worse made hands to call, this is referred to as a “thin value bet”.