When you call a raise preflop and hope that the flop will bring you a set, in which case you will win the game and the pot in general, that is what set mining means. Playing poker has become quite popular and it is important to take various things into account before you make a preflop re-raise or raise call. Some of these things include;
Probability of set making
When a pocket pair flops, there is roughly a 7.5/1 chance of a set flopping. This means if you call for a raise preflop 7 and a half times, then you are likely to land a set. Even if you land a set, there are chances that you will make a strong hand, however that does not guarantee you a win of the pot or that your opponent will lose a large pot to you. Therefore, because you don’t flop a set regularly, you need to make an implied odds calculation
In poker, implied odds are the fictitious value that players try to calculate. Poker players always talk about not having implied odds or having implied odds. The player with implied odds will say things like “I had the odds to hit my draw because I would be paid a lot if I did.” Or, the player without implied odds would say, “I folded my game since I did not have implied odds for payment.”
Based on your opponent’s hand range strength, you can determine implied odds. In other words, how possible it is for you to hit the jackpot when you drop your hand, and the amount of money left over after the flop. As a result, if your opponent’s hand range includes many marginal hands, they will not have a strong hand very often and will fold your raises and bets when you land a set.
Hence, while set mining, it’s more advantageous if your opponent hand range is strong since you will be paid when you hit your set. Another factor to consider when determining implied odds is the amount that remains after the flop. Stacking your opponent at a lower rate to be profitable depends on how much money remains post flop.
In the example above, assuming the competition has 75 big blinds in one game, and 150 big blinds in another game, you only need to stack as much as half your opponent’s using 150 big blinds deep in comparison to 75 big blinds deep.
To put it simply, the higher the amount left for postflop, the higher the profit one can make from set mine. However, playing with bonuses can improve winning odds. Some of these require certain codes, including Bet365 bonus code no deposit.
The implied odds are also affected by the following factors:
If your image is loose and bluffy, then you need fewer implied odds to set mine profitably because there’s a high chance for you to get paid off when you hit your hand than a tight player who may not bluff.
The Opponent’s image
It is more likely that calling stations & fishing will get you paid than solid winning players. If you use a tight image, it is less likely that you will win on tight players post flop. It will be more profitable for you if your opponent doesn’t believe your bets and raises.
Position increases the profitability of all hands. If you make sets, you know that one bet will go, so there’s an opportunity to make a profit. The odds of winning a huge pot diminish greatly if your opponent opts to check behind you in position when you flop a set out of position.
As we discussed previously, set mining is more difficult when the opponent has a wide range. To make your opponent raise less often and fold your bets, you should have a strong range instead.
Set Mining Guidelines
It should be clear by now that things in poker are white and black, and a lot of things will depend on other factors. In light of this fact, here are some guideline you need to set mine profitably.
Making a preflop 3 bet: with odds of 20-1 on the raise call
For example, if you raise to $3 and the competition 3bets to $10 preflop, it takes 20x$7=$140 to make profitin any preflop situation. You can reduce this amount to 15-1 i.e. $105 if you can pinpoint your opponent’s range as tight and get paid off when you hit a set. Remember that every aspect of this game is in flux, and everything depends on any of the factors discussed here.
Making a preflop raise can also help you set mine but that depends on different things. For the pot to be profitable, you need to reduce the number of sets you mine.
When the competition is preflop tight, your opponent has a better range of hands and it will get you paid more often, or if your opponent is a fish or a calling station, you will also receive payment.
If your opponent has lower than 75 big blinds, I wouldn’t advise you to set mine, but there are times when it’s okay, especially against a poor opponent.