It stands to reason that the more money that you put onto the table in a poker game that your edge is of greater importance. Let us say that you played against a certain opponent to who you conceded an edge of $2/100 hands. The only justification for playing such an opponent would be if you were making an even greater amount of money from other players. This is the reason for sitting at a table with technically better players. However, if you played this opponent heads up then they would take everything that you had if you played them for long enough.
The more money that you placed into action with a negative edge then the more money you would lose – simple. However, if we break that down into individual hands of poker then the same concept applies. A 3/bet pot is one where there has been a raise and a re-raise. The placement of the blinds is the first bet, the first raise is the second bet and the re-raise is the third bet or 3/bet. It is simply called “3/bet” for simplicity. You need to have a very solid strategy in 3/bet pots because you are risking a much greater percentage of your stack.
It will be much easier to play for stacks and get all in when there has been a raise and a re-raise than if there hasn’t been. As soon as the pot begins to escalate then the chances of any mistake becoming a larger one increase several fold. You need to develop a strategy for 3/bet pots and specifically what you should do in situations where you get 3/bet. There are essentially two types of situation in 3/bet pots where it is you that is being 3/bet. These are when you are 3/bet when out of position and when in position.
There is a golden rule of most top no limit players and that is to never call a 3/bet when out of position – either 4/bet or fold. If the stacks are deep enough then you could call if you had position like if you raised from the button and were 3/bet by the big blind for example. The difference in these two examples is that one has position while the other doesn’t. If you don’t have position and you get 3/bet then calling is a big mistake.
Not only have you conceded the initiative but you have placed a substantial number of big blinds into the pot with the increased likelihood that you will not win. You could raise with the better hand like with A-Qs and be 3/bet by 10-9s but if the flop came K-8-6 then you are in a tough spot. Your opponent will likely have a somewhat tight range to 3/bet although some aggressive opponents may 3/bet you liberally. The bottom line is though that you are going to have to think long and hard about how you play in 3/bet pots because of the increased number of big blinds that are at risk in these types of situations.