We have to take into account how often we will actually see all 5 cards and realize 100% of our equity. On average, we will only realize about 60% of our 35% equity in this spot, giving us around 21% equity in actuality. Against a 2.2bb UTG raise, we need around 25% equity to call profitably. Although we have a whopping 35% raw equity in the hand, when we take into account our opportunity for equity realization (60%), our hand drops to 21% equity and we are forced to fold.
Now let’s take this same situation and apply it to a 20bb stacksize. We still have K9o facing an UTG open, but instead of 100bb we only have 20bb.
Our equity realization goes way up, and we can actually profitably call now, even though we have fewer chips! This is because we realize our equity a lot better when we have the opportunity to get all our money in as soon as possible.
We can call the flop, hit a pair, and just check-jam and see all five cards! If you hit a draw you can check-jam as well, something that would be impossible if you had a 100bb stack. By check-jamming you can also fold your opponent off their equity a lot easier, which makes your hand’s playability much simpler and increases your equity realization.
Another worthwhile note is that a lot of players will c-bet less often versus a smaller stack size (because they are worried about you check-jamming and want to pot control) so you will see more free turn cards when you are short-stacked.
2. 3-bet Strong Suited Connectors When Deep-Stacked