|The Lounge | Champions | The Wire | Schedule | Audio | Arcade | The Top Ten | Historical | Email | Video|
Introduction to Texas Holdem Strategy - 3 Concepts
Concept #1 - Pot Odds
Long-term profits in holdem come from making bets with a positive expectation. You only have a positive expectation when your payoff is higher than your risk. Casinos make money from negative expectation games like roulette. The single number bet in roulette pays off at 35 to 1, but the odds of winning the bet are 37 to 1. The difference between the 37 and the 35 is the casino's profit margin.
You need a basic understanding of how to calculate pot odds while playing in order to determine when to play. You should only play a hand when you have a positive expectation, otherwise you should fold. Basically you compare the number of chips in the pot with your chances of winning the pot when you decide whether or not to play a hand.
Suppose there is $150 in a pot, and you're on the flop with 4 to a flush. An easy way to approximate the odds of hitting the flush is to take the number of cards that will make your hand and multiply that by the number of cards that are still going to be dealt, and multiply that by 2. There are 13 cards in a suit and you have 4 of them. So there are 9 cards left. 9 times 2 more cards times 2% equals 36%, or about 1 in 3. You will win an average of once every three times and lose the other two times. So the pot needs to offer you at least 2 to 1 for you to call a bet. If someone bets $50, you stand to win $200 on a $50 bet, which gives you appropriate pot odds to call.
This basic concept is essential to holdem success. Other concepts to start thinking about are the odds of your opponent folding if you raise. This will change the pot odds. A rule of thumb is that the fewer opponents, the more likely you'll be able to take down an uncontested pot. Another rule of thumb is that if you have a drawing hand, a big pot, and a small bet to call, then you should call. If the pot's small, and the bet's big, then you should fold.
Concept #2 - Starting Hand Selection & Position
Position is critical when deciding what kind of hands to actually play before the flop. The rule of thumb is that you play much tighter (have higher starting hand requirements) in early position and play looser in late position. Your advantage in late position is that you can see what the other players do before you decide what to do.
This is a simplification, and a lot of people aren't going to like the way I do it, but I divide starting hands into just three groups. There are definitely sub-divisions and subteleties between these groupsbut starting out, you're basically looking at just three different groups: strong hands, drawing hands, and unplayable hands.
Strong hands are pairs of 10 or higher, plus AK suited. AA's and KK's almost always warrant raising preflop, unless you're in early position and you're hoping for someone to raise behind you. AK suited, QQ's, JJ's, and 10's are worth raising with if no one else has raise, they're sometimes worth raising with if someone else has raised, and they're almost always worth calling with.
Drawing hands are hands that need to improve on the flop to win. Pairs of 99's or lower and suited connectors are usually drawing hands, and so are big-little suited. (Big little suited is an ace and one smaller card of the same suit, and it's a playable hand sometimes because of its flush potential.) Suited connectors are adjacent in rank and of the same suit, so they have the potential to make a flush or a straight or possibly even a straight flush. And the smaller pairs go down in value as they get lower in rank. They're normally worth calling if no one's raised unless you're in early position, when you should usually fold them. Sometimes pairs of 77's, 88's, and 99's are good starting hands to play strongly with too, especially if your opponents are very tight and you could win the pot right there without a showdown.
Concept #3 - What to do on the Flop
"Fit or fold" is the common wisdom on this subject. You should be in a good position to decide what to do on the flop. I've always played overpairs and top pairs a little too strongly, and that works well at a weak table with calling stations, but you have to be more cautious with better players. The "average" winning hand in Texas holdem at a showdown is two pairs or better.
If your starting cards were a drawing hand, you need to hit your hand in order to play it. If you had pocket 66's, you really need to hit 3 of a kind to continue playing the hand, otherwise you should fold. 4 to an open-ended straight is playable unless there's a potential flush draw on the board. 4 to a flush is usually a good hand to play. But if you're playing a small pair and there are overcards on the board, you're probably going to have to get away from the hand. Texas holdem is a game of high cards.
This is a very basic introduction to the things you should think about in Texas holdem strategy. There are tremendous subtleties and complexities beyond this introduction, and entire books are written on strategies for limit, pot limit, and no limit Texas holdem. You're encouraged to start reading them and think about them while you play.
You have permission to reprint this article on your site only if you include this paragrpah, including the hyperlinks.
Massachusetts gubernatorial candidates spar on casino gambling, education ... - The Republican - masslive.com
Many gamblers have come across the term "Offshore Gambling", but are not entirely sure what it means. A casino that deals with offshore gambling is one that basically operates outside the jurisdiction of a given country or it can be an online casino that has its servers in a country where online gambling is not prohibited.
Three Card Poker Betting
A player must be aware of how to place bets in three card poker. The playing area both live and online will have three areas where you place bets.
Introduction to Texas Holdem Strategy - 3 Concepts
Concept #1 - Pot OddsLong-term profits in holdem come from making bets with a positive expectation. You only have a positive expectation when your payoff is higher than your risk.
Top 5 Reasons - Should You be Gambling Online?
Why is online gambling the latest craze to hit the Internet? Let's face it the casino business is big bucks. Games played for money have found their way into any permitting city across the world.
Beware of So-Called Baccarat Strategy
Card Counting is one of those phony ideas published in baccarat strategy books. Card counting is most often associated with the game of blackjack - and is very effected, used correctly in the right casino.
The Secrets of Cold Tables
The CrapshooterThe Secrets of Cold TablesPssst..
Gambling in Monte Carlo
Along the French Riviera, the Principality of Monaco Houses the small city of Monte Carlo. The city clings to the shore of the Mediterranean in beautiful sprawls of secluded bays and the small port of Monte Carlo.
The Secret of Protecting Your Pass Line Bet
Your Lottery Odds and The Fastest, No Cost Way To Radically Improve Them
If I had a lottery ticket for every time I've heard "well I play the Mega Millions lottery because the jackpot is so much bigger"..
Playing Online Poker For A Living
Playing online poker for a living is absolutely doable, but it takes a combination of talent, dedication, patience, discipline and disposition to succeed.You must study and constantly work on the weak parts of your game.
Beat the Casinos
Do you have what it takes to become a successful (and profitable) gambler? Read on and find out:1. A gambling systemNo matter what your game, a gambling system is being marketed to turn you into a winner.
2005 NFC South Football Preview
OVERVIEW: NFC SouthIn the NFC South look for Tampa Bay and Carolina to catch and over take the Falcons in 2005, the fall from grace will fall on the shoulders of QB Michael Vick who has been to a large extent a product of media hype, sure the guy runs like a deer but so do most wide receivers and that is exactly what Vick is, a wide receiver playing out of position.Remember the media hype surrounding Pittsburgh QB Kordell Stewart when he was in his "Slash" role with the Steelers? Then you also remember that he ended up saddling his team with disappointing loss after loss once other teams in his division and conference figured out how contain him in the pocket and make him play catch with his receivers.
The Secret of Pushing the Pass Line
Blackjack is one of the most loved casino games out there. Yes, you can take some time off from work and travel out to Vegas to play or one of the many smaller casinos scattered around the country.
What You Need to Know About - Native Americans and Gambling
The term 'Gambling' is synonymous to 'Gaming'. Gaming or Gambling is deeply rooted in the life of Native Americans.
Modern casino slots are controlled by computer chips and software, and the win percentages are preprogrammed into the software.Casino slots have Random Number Generators (RNG) which are continually generating combinations, even when the machine is not being played.
Senior Citizen's Have Lost Their Life Savings Due to Their Inability To Stop Gambling
A senior citizen who worked for the past forty years lost everything she had saved in under twelve months. Seniors are the heart of our society and something needs to be done to stop the many predators.
Understanding Online Casino Bonuses
Are you puzzled by the workings of online Casino bonuses, with those pulsating dollar signs and offers of free cash? Let's see if we can demystify the situation.Different rules apply to different casino bonuses - know these rules and avoid disappointment.
Getting the Best Odds on Soccer Betting Markets
There are many ways to bet on a football match. Increased competition and the ability to lay bets on Betfair have made it possible to take the same bet at different prices depending on the market.
Halftime Betting for Football
There are several different ways bettors use the halftime wager, but for the most part, they use it more as a hedge bet. No matter how you want to bet a halftime bet, it is just another fun way to bet.
Section Site Map - Submit News - Feedback - Comments - Advertise with Us
Copyright © 2006 Luminati Inc. All rights reserved.