Hm correct me if I am wrong on the following. A BB = 2bb so that would be $1 at 50NL. Assuming 50 hands per table per hour, playing 4 tables with a winrate of 3.5BB per 100 hands would net 7BB per hour or $7. Is this really a good winrate or is this a solid winrate for someone that plays ABC poker?
I always screw this up. Two steals per 100 then. 
3.5BB/100 is very solid for 50nl, not stellar - there are players doing 5+.
I understand that position is the biggest advantage in stealing but I still fail to see how attempting to steal with 25%+ range of hands is profitable. Lets say when you raise from CO or button with no limpers ahead of you then SB+BB combine to call 30% of the time fold 60% and raise 10%. Is this fair?
Their avg vsip/3bet from the blinds would be 15/5. Since you are raising with 25% of your hands and one of them calls with 15% of their hands, their range is already ahead of yours. While I am not sure how this would play out postflop lets look at the profits losses if opponent folds or comes over the top. In ten hands if villains fold 60% of the time, that is a profit of 6x 1.5bb = 9bb. If villain raises 10% of the time and you fold 90% to the raise, you lose 0.9 x 4bb = about 3.5bb. So the profit when villains fold or raise is 9bb-3.5bb = 5.5bb. When they call it is hard to determine.
I'm a nit (6max 17/13 steals 32%), my btn range is 37%, and my stealing is very profitable.
Let's say they're calling from the blinds w a 10% range (sake of argument, let's say AhTh) and we open 9c7c in our 30%+ range. Flop is Js6d3c. Who's the favorite now? I'll take btn's hand, more specifically his position and his initiative, as the favorite against most villains, esp ABC TAG's (assuming that we opened the btn and he called from BB). Of course, if we end up going to showdown, we're a 70/30 dog here - but this hand should never ever ever get to showdown.
Let's say we opened for 3x bb and it's BB that calls. On the flop, that's 3.5bb's - a cbet will almost always take this down uncontested in this example. That's why guys who call from the blinds pf but fold to cbets are so profitable. This single successful steal also more than offsets one failed steal attempt, where we got 3bet and had to fold junk pf. Obv we're going to get c/r'd on some of our cbets and be forced to fold some of those hands, so the loss is greater than our initial steal attempt in those situations. But we'll also get called and c/r'd when our 30%+ hands actually hit the board, and frequently our hand will be well disguised when this happens. Managing the scenarios effectively (when to not cbet, for example) will make you more money than you lose.
Hm I dunno while I see profit I am not convinced it as a major part of a players winnings. I will expand to 25% steal attempts and see how things go.
I am not sure what you mean at the last part where you say I am playing my cards more than my opponents. Can you clarify?
See example above. It looks insane to think you can turn a profit w a 30% range against someone playing back at you w a 10% range if you only look at the cards, but the cards are not the critical factor in stealing - it's your position and your opponents.
Well thank you sly as usual for your input always helpful my friend.
Always happy to comment, hope it's useful!
