• A call made by a low pot-equity hand with the intention of taking the aggression initiative away from the agressor of the last betting round
    A float is always a call. It can be made out of position or in position, but always with the intention of being the aggressor on a later street and betting round depending on the card.

    Usually a float is made to bluff on a later street when the previous aggressor is either continueing the betting by raise or check-raising, or take over the betting initiative in position when the previous aggressor has checked.

    Typical floating hands are draws to overcards, flushes and straights, or hands that have blockers to a lot of strong hands relative to the board structure. They all have in common that their value comes in large part from fold-equity and/or implied-odds due to the intended bluff oppertunity given on later streets.

    Against a player that is continueation-betting the flop with a very large frequency and checking on most turn cards, floating can be a very profitable play.

    In some situations the player has to float some marginal hands on a street in order to deny the agressor auto-profit from their continuation-bet.

    Example schematic for a float

    in position:

    Player A is on the button, Player B is in the big blind

    Preflop: 3 folds, Player A raises, 1 fold, Player B reraises, Player A calls

    Flop: Player B continuation-bets, Player A calls

    Turn: Player B checks, Player A bets, Player B folds

    out of position:

    Player A is small blind, Player B is the big blind

    Preflop: 4 folds, Player A raises, Player B reraises, Player A calls

    Flop: Player A checks, Player B continuation-bets, Player A calls

    Turn: Player A checks, Player B checks

    River: Player A leads, Player B folds

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