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Squeeze Range vs. Oversized Open
Caesar’s Daily $150 tournament with $50 add-on. 20 min blinds.
With the blinds at 500/1000/1000 and about 25k behind we are in the BB facing a 3.5x open from LJ and SB caller. SB covers us. SB has gotten increasingly aggressive as the tournament has progressed. LJ is a limper so this open looks strong.
We look down at 33. Here are the options and their analyses:
– Call. This would be investing 10% of our remaining stack on a speculative hand. This is usually a no-no in tournaments. We want to keep speculative investments down to 5% or less of our stack.
– 3-bet. A properly sized squeeze play here would be for about half our remaining stack. Again a no-no. We want to invest no more than 30% of our stack on 3-bets in tournaments. If a properly sized 3-bet is more than 30% of our stack, we should jam instead.
– Jam. 33 just seemed too weak to jam 25bb against two players who opened and called for 3.5x with stack depths around the table dwindling into the 20’s.
– Fold. This was the only remaining option and is what I did.
Looking at Range Trainer Pro this would’ve been a GTO call against an unexploitably sized open of 2x. Also, a call in the BB against a 2x open would’ve met the <5% threshold for speculative hands. The 100 chips had already been raced off, so the next smallest sized open would be 2.5x. RTP doesn’t have a range for this kind of big 3.5x open at these stack depths.
About half of the players on my table were opening to that 3.5x size. It felt like I could blind away while watching my opponents trade chips with each other with their oversized opens.
What do you think of my analysis of the options here?
What would be our jamming range in this spot?
Should we tighten our ranges as I did when opponents are opening significantly bigger than a GTO bet size?
Besides tightening our own range at the risk of blinding away, how can we exploit these oversized opens with stack depths in the 20’s?
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