This is a discussion on Does the value of a hand changes? within the online poker forums, in the Learning Poker section; This question might reverberate more with Tournament players, than with cash game players, but I still think it applies to both.
Before I give my view
Does the value of a hand change? Or it remains the same?
This question might reverberate more with Tournament players, than with cash game players, but I still think it applies to both.
Before I give my view point, I would like to know from you. What do you think? Do you think the value of hands change at all? Depending on different factors? What factors are those? Or do you think they remain the same?
More specifically, for tournaments, does opening KQs UTG have the same value in Mid-stages vis-a-vis Late Stages? With the same stack size, around tournament average? Or should we always fold it?
It definitely changes throughout the course of a tournament, and to a lesser extent in cash games. Cash games are easier so I'll start with them and say that the value of hands changes based on position more than anything. Certain hands are much better to play in position than out of position, I won't go into the different ranges and all that but that's about all the changes hand value in cash games. In tournaments however a lot more will dictate the value of the hand. Position still an important aspect of this and you shouldn't be playing hands based on value and not position but the stage of the tournament will absolutely change the value of hands in and out of position. Early on fewer hands should be player OOP but then in the late stage you might be able to get away with some weaker hands gaining more value. The same is true for late position in late stage MTT, the range is especially wide and if the pot is folded to you there's a ton of hands you should be playing with. Besides stage and position, which are the two most important factors imo, stack size is probably the next thing to consider like you said. If your short stacked you need to be tighter with the hands you play making a lot of normally valuable hands have a much lower value, but if your the big stack you can usually get away with playing some lower value hands in position. Basically what I'm trying to get too is that your question isn't so much about the value of certain hands but the ranges of hands that should be played in certain situations, value still being an appropriate term here but range will give you a clearer way to look into it if you still need a better explanation. Hope that helped!
I have great bankroll management, it started at $0 and it's still at $0
hands KQs from UTG, you can open the trade if this is the middle of the tournament, and when the big blend and ante many players open and 78 and 56 so that the strategy of the game remains the same, in the later stages of the tournament the range of hands you can greatly expand, and if you wait for the monsters on the later stages of tournaments ante and blends will eat the stack, so it all depends on many factors from the table, if the table is aggressive or if there are maniacs then again, all at the discretion of to play the position
Here's my perspective:
Let me start by saying like someone pointed out, a hand doesn't have value in itself, it only becomes valuable when pitted against another hand.
Factor 1: Opponent's Strategy
In the middle stages, every player is looking to double up their stack size, which is a general strategy. So people are more inclined to 3-bet shove over an open with reasonable holding, rather than flatting the open, barring the LP and blinds. You're holding KQs, so when you get 3-bet by a range of 7%, you'll be around 38% equity in the hand.
At the late stages however, the strategy of most people becomes survival, i.e. they want to survive and make the FT, except for few who just want to win the 1st prize. So they approach it more conservatively, which is why the range of the hands that were 3-betting decreases and value calling range from LP also decreases, and while calling from blind increases.