So what you are saying is Black voluntarily creates a hole at b5 for white to exploit and in exchange for this Black expects White, out of the goodness of his heart, to give up the Bishop pair?
Obvious is 4. O-O but so is 4. c3. (4. d3 makes little sense.) What do you do then?
1. e4 e5 2. Nf3 Nc6 3. Bb5 a5
This is the starting position of the Popov Variation of the Ruy Lopez. We had another thread on this, but for some reason it was deleted. I am seeking games and analysis of this opening, if anyone has any to share.
The basics are that if White captures with 4. Bxc6, it's like a normal Exchange Spanish except with the Black pawn on a5, not a6.
If White plays 4. 0-0 or 4. d3, Black has the option of chasing the Bishop away with 4...Na7.
The Bishop is most likely to retreat to c5 (eyeing f7) or e2 (less aggressive, but perhaps the better move).