Bookmark Website  | Free Registration  | The Team
The Lounge  | Champions  | The Wire |  Schedule |  Audio  |  Arcade  |  The Top Ten  |  Historical  |  Email  |  Video

Expensive Errors in Holdem


There are several expensive errors that are frequently made in poker, especially Hold'em. This article will discuss the two most expensive errors that players make.

What makes these errors so expensive? For one thing, we get an opportunity to make them frequently, and even errors that only cost a portion of a bet can add up to big dollar amounts if they are made often. As well, sometimes when we make these mistakes we are rewarded by winning a big pot, leading us to believe that they are not errors at all. All of us tend to remember the big pots we win with a miracle flop, and forget the thousand times we called a few bets and then lost. This encourages players to make those mistakes even more frequently.

The first error that most players make is to play too many hands. Poker is a game of patience, and it can be boring to throw somewhere between 75% and 85% of your hands away before you even see the flop. The truth however is that you must do just that.

The first 2 cards in Hold'em have some value, the percentage of times that they are expected to win. Another way of looking at this is that over thousands of hands, some starting cards will make a profit, some will approximately break even, and some will lose money.

Of the 169 possible starting hands in Hold'em, only 40 show a profit in the long term. That is less than 25% of the starting hands. After the first 40, there are a few more hands that are break even, or close to it, that can be played for a profit in certain situations, but only in a very few specific situations. I have a table on my web site that shows all 169 hands, their expected value, and the amount you will win or lose over the long term. This data is derived from more than 120 million actual hands played, so it should be fairly accurate. For instance, the data shows that playing a pair of aces over this long term, in a game with a $1 big bet, you can expect to come out ahead by $1.25 million. Now, of course none of us is going to live long enough to play that many hands, but it gives us an idea of the difference between good and bad cards to play. If you compare the pair of aces to say an ace and eight of different suits, which will lose $77,031 over that same number of hands, or an ace and a two of different suits, which will lose $165,968, you begin to see the problem. And hands like these are routinely played by many people at the tables.

Now some of you may be thinking that since you win so much on the pair of aces, and also do pretty well on some of the other top hands, and only lose numbers like $77,000, and $165,000, on the bad hands, that you are still in pretty good shape. If so, consider that if you played all of the 169 starting hands over this long term sample, you would win $7,248,687 on the 40 premium hands, a pretty nice figure. But, you would lose $10,787,747 on the bad hands. After playing for a very long time, you would be $3,539,060 in the hole. Not many of us can afford to play poker that way.The second big mistake that many players make is to cold call too many raises. Cold calling a raise is putting multiple bets into the pot when it is your turn to bet. For example, if someone in early position raises, when the action gets to you in middle position you must call 2 bets in order to play.There are three reasons why this is a big mistake. First, a player in early position liked his hand enough that he was willing to raise with most of the table still to play. Second, if anybody called before it got to you, they liked their hand enough that they were willing to call the 2 bets. Third, there are still players to act after you who could very well re-raise, which would not only cost you more money, but indicates yet another good hand out against you. Also, the original raiser may re-raise again, meaning that it will be 2 more bets when the action gets back to you.

In a situation such as this, with at least 1 big hand against you, and possibly more, you must play only the best hands, AA, KK, QQ, JJ, AK suited and AK un-suited. Furthermore, with the AA, KK, QQ and AK suited you should re-raise. If you think that the raiser would raise with hands like AQ, AJ, or less, you should also re-raise with the JJ and AK un-suited. Throw everything else away, it just isn't worth playing.

There are 2 reasons for raising with your premium hands. First, you get more money in the pot with hands that you have a good chance of winning. Second, you will hopefully eliminate a few players from the pot. Big hands like these are best played against fewer players, and you don't want someone with a 5 and 6 to hit 2 pair, or a straight and take the pot away from you.

Remember, play fewer hands. Throw away those ace nine off-suit hands from early and middle position. Don't play a 5 and 9 just because they are suited. And if there is a raise in front of you, fold unless your hand is good enough to re-raise.

Copyright 2005 A1-PokerInfo.com. All rights reserved.

This article may be freely distributed and published, providing it is distributed and/or published in its entirety, including the contact information and copyright.

Contact the author at http://A1-PokerInfo.com


MORE RESOURCES:

Al Jazeera America

The winners and losers of casino gambling
Al Jazeera America
In May 1984, Donald Trump opened his Trump Plaza Hotel and Casino in New Jersey's glittering gambling capital, Atlantic City, saying it could be the finest building in the nation. On Tuesday the casino shut its doors, making it the fourth Atlantic City ...
Up Close: Casino GamblingWABC-TV
As Casino Gambling Busts, Atlantic City Firms Play OnMondaq News Alerts (registration)
Atlantic City: When The One Trick Pony FailsMetroJacksonville.com
Toledo Blade -Newsday -NJ.com
all 463 news articles »


Ohio casino gambling: Has it met your expectations?
The Plain Dealer - cleveland.com
Slots on the second floor of Horseshoe Cleveland Casino, which celebrated its second anniversary on May 14. (Lynn Ischay/The Plain Dealer) (Lynn Ischay, The Plain Dealer). Print · Amanda Harnocz, Northeast Ohio Media Group By Amanda Harnocz, ...
Editorials from around OhioWTRF

all 16 news articles »


The Diane Rehm Show

The Future of Casino Gambling
The Diane Rehm Show
A dealer works the blackjack table during the grand opening of the newest building at the Seminole Casino Coconut Creek on December 17, 2010 in Coconut Creek, Florida. Joe Raedle/Getty Images. The Future of Casino Gambling. Across the country, states ...

and more »


abc40

Massachusetts bishops issue statement for repeal of casino gambling law
Attleboro Sun Chronicle
Cardinal Sean O'Malley, walks to the front entrance of St. Martha Church in Plainville during a visit last October. Posted: Monday, September 15, 2014 10:30 pm | Updated: 10:23 am, Tue Sep 16, 2014. Massachusetts bishops issue statement for repeal of ...
Casinos spending big to fight ballot questionWicked Local Hopkinton
Roman Catholic bishops support casino law repealSouthCoastToday.com

all 48 news articles »


Wall Street Journal

Letter: Taube on casino gambling in North Jersey
Shore News Today
It's crazy to consider gaming up north at a time when four casino properties recently shuttered as a result of increased gaming competition in the northeast. Those in favor of gaming up north claim that projections show it will help Atlantic City. But ...
Atlantic City casinos: Storied past, grim futureThe State
We can't gamble our way to prosperityLeader-Telegram (blog)

all 91 news articles »


School executives association neutral on casino gambling; opposes open ...
Chalkbeat Colorado
The Colorado Association of School Executives, the advocacy group that represents school administrators statewide, has decided to take a neutral position on Amendment 68, the November ballot measure that would allow expansion of casino gambling and ...



Lieutenant governor candidates split on casino gambling; Democrats agree on ...
The Republican - masslive.com
The four candidates for lieutenant governor are split on whether to repeal the state's casino gambling law. Steve Kerrigan, a former aide to Sen. Edward Kennedy and the head of a non-profit that helps military families, is competing with Mike Lake, CEO ...

and more »


Aljazeera.com

Is casino gambling a safe bet for Japan?
Aljazeera.com
In conjunction with a booming tourism industry, Japan has set its sights on allowing casinos in time for 2020 Olympics. Michael Penn Last updated: 04 Sep 2014 09:16. Listen. Email Article. Email. Print Article. Print. Share article. Share. Send Feedback.

and more »


WFMY News 2

Police: Dad In Casino Gambling, Left 14-Month-Old In Car
WFMY News 2
A 14-month-old girl was left alone in a running car for about 30 minutes Monday afternoon while her father was gambling inside Harrington's casino, police said. (Photo: Delaware State Police). 39 CONNECTTWEETLINKEDINCOMMENTEMAILMORE.

and more »


Boston Globe

Christian right, political left unite in opposing casinos
Boston Globe
Politics famously makes strange bedfellows, but this odd coupling is as strange as it gets: On the issue of casino gambling, the liberal left and the Christian right share common ground, united in hoping to keep the gambling industry out of Massachusetts.


Google News


Advertisement



Section Site Map - Submit News - Feedback - Comments - Advertise with Us

Copyright 2006 Luminati Inc. All rights reserved.