Originally Posted by F Paulsson
(Do $5NL players have a concept of "thin value" nowadays? Sheesh, I got out in time)
Some certainly do however in this situation I primarily mean over valuing there hand or just doing random fish like behaviour. I just meant that they think they are value betting ("I have AJ I have to bet!") when in fact in reality nothing worse can call so they are essentially turning there hand into a bluff.
Thin value betting would be as played above with the rivered set, hoping to get a fishy call by AJ or 2P. The problem here is when raised you have to fold and you lose value from your opponents bluffing range and weak value range.
Another thing to consider is that while a reasonable number of microstakes players (I am a micro grinder I should add) know about concepts such as thin value, they do not truly understand them and use it to justify bad plays to themselves etc often ending horribly.
What is the old saying? A little information can be a dangerous thing...
I often see plays or justifications for plays that use all sorts of terminology but are incorrectly applied and the end result is always the same long term : costly.