To play exploitatively, we must be exploitable.
Originally posted by YohanN7
many players will believe that GTO = Maximal exploitation, when, in fact, it is the opposite in a precise sense.
GTO does not care one wit about the opponents range. It is unexploitable, i.e. it works against every range, with an EV that is greater than or equal to zero (the latter only against another GTO player).
When we notice that a player plays in a particular way, we can exploit that player by playing in a manner that counters it.
That is, we exploit his tendencies.
Lets look at a nit in the blinds. We steal wider. We may steal SO wide that the other blind starts to 3Bet us. He is thus exploiting OUR tendencies.
If I understand the GTO solver correctly, it looks only at postflop play, and attempts to create a balance between folds, bets, calls and raises, both in position and out of position.
Folding is an important part of playing optimally. Remember the old joke: "I want to move up stakes to where they respect my raises". They respect raises if you can fold.
Perhaps this little example does not represent "optimal" game theory play. But it is a terrific illustration of the process.
My worry is that if we play "perfectly" optimal play, we serve only to reduce our winrate. It seems to me that maximum winrate comes with being able to exploit everyone else's tendencies. So you bluff the nits, and fold to their raises. You never bluff calling stations, but bet, bet, bet your good hands. If you play at a mixed table, by changing your "style" depending on who you play against, everyone sees a well-balance player, when in fact you're just switching gears a lot.
Thanks, double2 -- nice video. I think that the video format works here, but in general the "classic" approach is better, if only because it dosn't take 20 minutes to read.
Cheers,
VS