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Winning blackjack tips
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Texas Holdem is a game where you should pick and choose your battles wisely. Playing every hand will of course lead to winning more pots. But in between those wins will be
more losses as well. Playing the right hands, at the right time will leave you with more chips in your stack.
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That leads us to seat position. Timing is everything in some cases, and in poker it certainly counts for something. While some cards are playable under some circumstances,
they aren't under others. Seat position is a key part of the circumstances that dictate whether you should play a hand, or wait for a better opportunity to present itself.
Professional poker players can sense what their opponents have in their hands. When just beginning you may not be able to read your opponents with that level of skill, but if you
can take a moment to read the cards on the board, you can tell with certainty what they do not have. Reading the board lets you know what hands are possible, and from there
you can use other information from your opponents to gauge what hands are probable. And act accordingly.
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Poker Strategy
- The fundamental theorem of poker, introduced by David Sklansky, states that every time you play your hand the way you would if you could see your
opponent's cards, you gain, and every time your opponent plays his cards differently from the way he would play them if he could see your cards, you
gain. This theorem is the foundation for many poker strategy topics. For example, bluffing and slow-playing (explained below) are examples of using deception to
induce your opponents to play differently than they would if they could see your cards. There are some exceptions to the fundamental theorem in certain multi-way
pot situations, as described in Morton's theorem.
Pot odds and poker probabilities
The relationship between pot odds and odds of winning is one of the most important concepts in poker strategy. Pot odds are the ratio of the size of the pot to the
size of the bet required to stay in the pot. For example, if a player must call a $10 bet for a chance to win a $40 pot (NOT including his $10 call), his pot odds are
4-to-1 (20% probability). To have a positive expectation, a player's odds of winning must be less than his pot odds. If the player's odds of winning are also 4-to-1,
and if he plays the pot five times, he puts in $10 five times, loses four times and wins $50 once (breaking even).
Deception
By employing deception, a poker player hopes to induce his opponent(s) to act differently than they would if they could see his cards. Bluffing is a form of
deception to induce opponents to fold superior hands, or hands that have a greater share of the 'pot equity' than the bluffer's hand. This is known as 'bluffing
with the best hand.' Against observant opponents, it is necessary for a player to bluff sometimes to induce opponents to call his bets when he actually does
have a superior hand. If opponents observe that a player never bluffs, they won't call his bets unless they have very good hands. Counter-intuitively, against
unobservant opponents it is ill advised to bluff at all. There is an old saying among professionals which states "You can't bluff someone who isn't paying any
attention." Slow-playing is deceptive play in poker that is roughly the opposite of bluffing: betting weakly with a strong holding rather than betting strongly
with a weak one. If this risky maneuver is implemented correctly, it is done so at least partially in order to vary one's play enough to avoid being predictable,
and (very probably) to set up an opponent for a big loss due to a mistake based on misinformation.
Often players will find themselves in need of a card to complete their hand. These hands are known as drawing hands. When on a drawing hand, it's nice to know what the odds
of your ship actually coming in are. Armed with those odds, you're better able to play your hand correctly. So, see the drawing odds page for a chart that will tell you the odds of
completing your gutshot straight, flush, or three-of-a-kind. Information is power at the table, and this information is part of the basic skills that winning poker players possess.
Related to drawing odds is the concept of pot odds. When you know you're waiting on a card to complete your hand, and there's a bet before you, you'd like to know if calling
that bet is a good idea or a bad idea. If you're familiar with the concept of pot-odds, you'd be informed enough to make that decision. When you're ready to have that kind of
power at the tables, read the primer on pot odds.
Poker Play
- The most popular poker variants are as follows:
Draw poker
Players each receive five — as in five-card draw — or more cards, all of which are hidden. They can then replace one or more of these cards a certain number of times.
Stud poker
Players receive cards one at a time, some being displayed to other players at the table. The key difference between stud and 'draw' poker is that players are
not allowed to discard or replace any cards.
Community card poker
Players combine individually dealt cards with a number of "community cards" dealt face up and shared by all players. Each player will attempt to make the best
five card poker hand using the community cards and their own face down cards. Two or four individual cards may be dealt in the most popular variations, Texas
hold 'em and Omaha hold 'em, respectively.
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