Cold calling

The current thinking on cold calling says you must hold
the top half of raiser's range. I believe they are all
wrong. They're focusing on the wrong statistic. The
critical statistic is raiser's continuation bet percentage.
When raiser rarely makes a continuation bet, he is playing
like an open book. It's possible to call with a vast
range of hands. Even greater than raiser's range. When
the raiser c-bets 100%, never call. It's too dangerous.
These pots always become larger pots than the other hands.
Also larger pots with you having at most a marginal EV
advantage.
All these pokerstove calculations are a waste of time.
The perceived ranges can't be trusted. The vector
doesn't include raiser's c-bet%. It doesn't measure
implied odds. It just gives the ex-showdown values.
There's no accounting for betting. None for future
chips at risk.
In the future a new vector in orthogonal space will be
developed. This vector include raiser's c-bet%, implied
odds and all other statistics which has measurable
effect on $EV.