Insider Secrets to Playing Texas Hold'Em Online Poker by Theo Cage Poker eBook

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    Insiders Secrets To Texas Holdem Poker Online by Theo Cage 1

    INSIDERS SECRETS TO PLAYINGTEXAS HOLDEM POKERONLINE

    2004

    AllRightsReserved.

    TheodoreCage2004Canada

    AllrightsreservedunderInternationalCopyrightConventions.

    PublishedinCanadabyCardSharkBooks.Unlessotherwisenoted,

    allmaterialscontainedinthisdocumentarecopyrightedandmaynot

    beusedexceptasprovidedunderthesetermsandconditions.This

    documentisforpersonaluseonlyandisnottoberedistributed,soldorcopiedwithouttheauthorsexplicitpermission.

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    Insiders Secrets To Texas Holdem Poker Online by Theo Cage 2

    AN INTRODUCTIONTO ONLINE POKERTHINKING ANDINSIDERS SECRETS

    IdiscoveredthesecretrecipetoKFCChicken15yearsagoandI

    havebeenhookedonInsidersSecretseversince.

    aveyou everbeen to apartyor abarwhereyouvemetsomeoneforthefirsttimewhotoldyouaninsiderssecret

    to theirbusinessorwork?Maybe Imjustagood listener

    but this happens tome all the time.We all know these insider

    kinds of details about our own littleworld. For example, ifwe

    workedatCadbury,theCadburySecretwouldbeoneofthefirst

    thingswewouldlearnaboutonthejob(evenifitwasntofficially

    part of the training program). There are other kinds of insider

    knowledge howsomething isreallymadeattheplantwework

    at ho e tai odu t a e a keted he e a idea eally a e

    H

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    Insiders Secrets To Texas Holdem Poker Online by Theo Cage 3

    price.

    Dontyouwishyoucouldtalktoaninsiderattheplantwherethe

    caryouareconsideringbuying ismade?Orsomeonewhoreally

    knowsthescooponthemortgageindustrywhenitstimetogetre

    financed?How about talking to the guywho programmed the

    VLTmachineyouplayeverydayat lunch?Would thathelpyou

    winmore?

    EverybodywehavetalkedtoaboutTexasHoldemhassaidthatwhattheyreallywantismorethanjustabookthattellsthemthe

    rules to thegame.Theywantsomethingnew.Somethingfresh

    that will give them an edge over the other players. Something

    exciting.

    Sowetalkedtotheinsiders.Howdoesthesystemwork?Howare

    the cards shuffled (whats the randomizing algorithm)? Hasanyonedoneanystudiesonwhatcardsreallypaythebest?What

    tables play thebest?Are there systems thatwork onlinebetter

    thanothers?Whatdotheinsidersknowaboutcardstoplay?Can

    wereallymakemoneyatthisgame?

    Fromthisfeedbackwedevelopthisbookconcept.Thenwehunted

    down

    the

    facts.

    In

    the

    end,

    this

    has

    been

    a

    lot

    of

    fun

    and

    quite

    profitable.WelovethegameofTexasHoldembutnowwehave

    the tools towinmore games.As usual, if you have the insider

    stuff,youarebetterarmedtosucceed.Prettymuchoneofthose

    simplerulestoliveyourlifebyifyouaskme.

    Ibelievethatwinninginlife,love,businessandsportsandyes,

    poker,isallaboutthreedynamicsIliketocalltheCSIs.

    Contingency (chance or luck)

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    Insiders Secrets To Texas Holdem Poker Online by Theo Cage 4

    Intelligence(orstreetsmarts)

    Wehavedivided thisbook into these threekeyareas foravery

    goodreason.Whenyouplayonlinepokerforrealmoneyfor the

    firsttimeyouwillfinditdifficultjusttosurvive.Yourstack(your

    personal chips)willdisappear like anumbrella in a typhoon. If

    youhavewhat it takes tostick itout through this initiation (and

    theexpendablecashtolast),youwillnextdiscoverthatwhatyou

    arelackingisrealtechnicalknowledge.Youwillsoonrealizethat

    you need to play this game more with field intelligence thaninstinct.Thatis,ifyouwanttowinconsistently.

    Finally,asyouprogressintolargerpotgames,therealtestwillbe

    yourabilitytobementallytough,disciplinedandaggressive.Our

    last section on selfawareness discusses the philosophy of great

    pokerplayers.

    Therearedozensofbooksavailabletodayonpoker.Ivereadmost

    ofthem.Theytendtofocusononeormoreofthefollowingareas:

    Analysisofoddsandstrategy

    Historyandactualplayexamples

    Techniquesontellsorhowtoreadtheotherplayers

    Mental

    preparation

    for

    the

    game

    itself

    Noteventhebestbookscoveralloftheseareasorattempttobring

    thesedifferentpracticestogetherinsomemeaningfulway.Thisis

    ourgoalwithInsidersSecretsToPlayingTexasHoldemOnline;

    to linkstrategyand intelligenceandmentalpreparation inaway

    thatwill ramp you up tobe successful at thebest game in the

    worldintheshortestpossibletime.

    Whats new about this book? First unlike most of the books on the

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    Insiders Secrets To Texas Holdem Poker Online by Theo Cage 5

    the traditional bricks andmortar game of Poker.Our focus is

    specifictothenewonlineversionsofTexasHoldemPoker,played

    by over 20,000,000 peopleworldwide over theNet every single

    day.Anyonewhohasplayedonlinepokerknows this isquitea

    differentanimalindeed.

    Secondly,wepresenttheCageFoodChainTheory,anewsystem

    of playbased on the results of three major research programs

    carriedoutbycomputersimulationsonTexasHoldemPoker. If

    you follow the system religiously, youwill find yourwinningsincreasing gradually at first, and then substantially. All the

    researchshowsthataggressiveplayisthekeytowinningmonster

    pots; aggression at the right time andbased on a solidbody of

    knowledge.Wewillshowyoutheprocessandoutlinethestepsto

    beingatruecardshark.Butyoumustfollowtherules.Whenwe

    runlabsontheCageFoodChainTheorywefindthatplayersget

    caughtup in thegameandbend the rulesof the system, lettingtheir emotions rule their play. Or they goby gut feeling on a

    decisivehandinsteadofconsideringpotoddsandcardodds.The

    online casinos love that kind of play itmakes them millions

    everymonth.Itwonthoweverputanyextramoneyinyourbank

    account.Youvegottostopplayingbygutfeel.

    Of

    the

    three

    dynamics,

    we

    start

    with

    the

    intel

    section

    and

    contingencydata first; this iswhere the rubberhits the road for

    mostplayersandwewanted togetyoustartedwithanexciting

    newsystemofplayingthatwillgiveyouafirsthandadvantage.

    WhatsIntel?typical militaryspeakforfieldintelligence or

    relevantknowledge.Whatyouneed toknow,now. In thecovert

    worldofspiesandagents,havingtherightnuggetofinformation

    availablewhen required can saveyour lifeor someoneelses. In

    Poker it means making the win when others wouldnt and adding

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    Insiders Secrets To Texas Holdem Poker Online by Theo Cage 6

    experience which you can only gain from playing the game

    thousandsoftimes.

    Fieldintelhelpsyouparachuteintoasituationandbecompetent

    andsavvyinabighurry.

    TheTheoCageFoodChainTheoryofPokercondensesdozensof

    schoolsof thoughtonPoker intoaneasy todigestprogram that

    youcanbeginusingimmediately.Thegoalofthistechniqueisto

    get you out of the fish category and in to the shark categorybeforeyougeteatenalive.Pardonthefoodpunsbutthespeedand

    aggressiveness of real money online poker can spin your head

    around.Youwillneedtobearmedandready.

    Inmanyareasof thisbookwedealwiththe latest inresearchon

    contingency,anotherwordforodds.Whynotjustcallitluck?

    Becausecontingencyisafarbroaderandmoreelegantterm.Luckis not a thing you canbuy or create and you certainly cannot

    attractitorcaptureit(orchaseitaway).Whatweashumansseeas

    luckisreallyjustchancecircumstanceplayingoutbeforeus.

    Thebestway tovisualizecontingency is to imaginea fork in the

    road.Which then leads to another fork.And still another. Each

    requires

    a

    decision

    and

    each

    decision

    can

    lead

    to

    very

    different

    conclusions.Thatswhat contingency isallabout.Sometimeswe

    choosethepathwithoutknowingwhere itwilltakeusandother

    timeswedontgettochooseatall.

    InPoker,wecanusemathtobetterunderstandtheoddsofcertain

    combinations occurring in your game.Really understanding the

    odds inPoker is one of the keys to success;not onlybecause it

    helps you to better understand the possibilities but because it

    teaches us the expected monetary value of our hand as well

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    Insiders Secrets To Texas Holdem Poker Online by Theo Cage 7

    Queen is1:7 ifwedontknowhow to translate that information

    intoapracticalbettingdecision?

    Recent computer simulations of Texas Holdem have taught us

    quiteabitaboutrealgameoddsandstrategy.What theyvealso

    shownusisthatittakesseverallifetimestoaverageouttheodds

    betweenmatchedplayers. Soyouneedapowerfuladvantage to

    win against others with similar skills and preparation. That

    advantageisbetterselfawareness.

    Assumethatyouandanotherplayerareperfectlymatchedincardskills.Youplay eachother everyweek.Butoneofyouhashad

    lifetimewins of several times the otherbased on pullingbetter

    cards.Howlongdoyouhavetokeepplayingbeforethewinnings

    evenout?About250,000yearsaccordingtocomputerresearch.

    Sohowdoesabetterplayergainadvantage if theydonthavea

    few thousand lifetimes at their disposal? Bybeing significantlybetter than the otherplayers.Youneedhuge advantage tobe a

    consistentwinner.Youneed toknow theotherplayers andyou

    need togain this advantage asquickly aspossible.Youneed to

    understandbettingoddsbetter.Youneed toknowyourself.And

    youneedtobeveryaggressivewhenthetimeisright.

    Thats

    the

    essence

    of

    a

    shark.

    Skilled.

    Aggressive.

    Knows

    the

    environment.Knowstheprey.Undaunted.

    Havefunandbestofluckatthetables.

    TheoCage

    June2004

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    Insiders Secrets To Texas Holdem Poker Online by Theo Cage 8

    TABLE OF CONTENTS

    INTRODUCTION .............................................................................. 2

    WHYISONLINEPOKERSODIFFERENT?................................... 9

    GETTINGSTARTED......................................................................... 14

    THECAGEFOODCHAINTHEORY!............................................ 15

    ODDS,PERMUTATIONSANDROI............................................. 37

    THERULES OFTEXASHOLDEM ............................................... 77

    WINNINGBEFORE THEFIRSTCARDSDEALT..................... 83

    THEIMPORTANCE OFTABLEPOSITION ............................ 103

    PLAYERPROFILING ...................................................................... 108

    PLAYINGLIMITTOURNAMENTS ............................................ 155

    HOWTOPICKANONLINECASINO........................................ 168

    POCKETCARDWINNINGODDS.............................................. 180

    HOWTOTHINKLIKEASHARK................................................ 182

    TEXASHOLDEMDICTIONARY................................................ 190

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    Insiders Secrets To Texas Holdem Poker Online by Theo Cage 9

    WHY IS ONLINE TEXASHOLDEM POKER

    SO DIFFERENT?

    TexasHoldemPokerhasbecomethefastestgrow

    ing game on the Internet. Play it a few times andyouwillunderstandwhy.Itsaddictive.Fast.Enter

    taining. Colorful. And there you are, playing live

    withpeoplefromallovertheglobe,agreatvirtual

    casinoexperience andrealmoneyisbeingwonbypeoplejust

    likeyouandme.Whatsnottolike?

    Well,

    you

    say,

    I

    would

    like

    to

    win

    more

    often

    .

    .

    .

    Lik h l h l l id k i l (VLT)

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    Insiders Secrets To Texas Holdem Poker Online by Theo Cage 10

    They would love to win; they just arent prepared to do the

    homework necessary to get really good at the game and win

    consistently.Whohastimeforthat?

    TheProsdo,thatswho!

    And thePros likeOnlinepoker.UnlikeVLTs, theoddsarenot

    stackedsomuch in favourof thehouseandplayerscanactually

    makeconsistentprofits iftheyunderstandthegamewellenough.

    Ihaveanunclewho is famous inourfamily.Hehasanunusual

    career.Hehasmadeagreatlivingplayingprofessionalpokerfor

    over 40 years. (Hewas known in the trade as a rounder for

    detailsseethedictionaryattheendofthisbook.)Andhehasmade

    morethanjustadecentlivinghehasseveralhomesandayacht

    he moors in Florida. Hes an interesting character and he has

    taughtme a lot.Much of thisbook isbased on his advice andteaching.

    My uncle says there are two major differencesbetween casual

    playersandprofessionals.

    One Professionalsalwaysknowexactlywhomtheyareplaying

    with.

    Dontbe deceived. When you play poker you are not playing

    againstthecardsyouareplayingagainsttheotherplayers.Great

    pokerplayersnever forget this. Thegoalofourbook is to teach

    youhow tobetterunderstand theguyorgal sittingacross from

    you at the virtual poker table. A better understanding of the

    dynamicsbetween humans at the table alone will dramatically

    improveyourchancesofwinning.

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    Insiders Secrets To Texas Holdem Poker Online by Theo Cage 11

    Thisbookwillteachyouhowtocalculateoddsusingactualgame

    examples and give you shortcuts thatwill help you to increase

    yourchancesofwinningeverytimeyouplay.

    Oddsdonttellyouhowtoplay,theytellyouhowtobet.

    Firstyouneedtounderstandwhyreadingabouttheconventional

    brickandmortargameofTexasHoldem(thekindyouplayina

    realcasino)certainlywonthurtbutitwilldefinitelynotprepare

    youfortheuniqueexperienceofplayingthegameonline.

    WHY IS ONLINE POKER SO DIFFERENT?

    Online poker adds several interesting wrinkles to the game of

    TexasHoldem. Somuchischangedinfact,thatthereareawhole

    newsetofgamestrategies.Theoddsofwinningtheonlineversion

    ofthisgamearenowstackedevenmoreinthefavourofthebettereducatedplayers.This isoneof thesecrets to realsuccessat the

    virtualtable.

    1.YOUCANWATCH.

    Ifyouwalkintoabricksandmortarcasinotomorrowanddecide

    you

    would

    like

    to

    just

    watch

    a

    game

    of

    Texas

    Hold

    em

    to

    better

    understandhow itsplayed, securitywillsoonhustleyououtof

    thebuilding.Pokerisnotaspectatorsportatcasinos.Ifyouwant

    tolearnthegame youneedtoplay.Andplayingwhenyourea

    rookie (or as the pros call it a fish) canbe a very expensive

    learningexperience.

    On theotherhand,online,youcanwatcharealgameas longas

    youwant,fornocostandfornorisk.Watchingatablecanteach

    you a lot about the players and their betting style and the game in

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    Insiders Secrets To Texas Holdem Poker Online by Theo Cage 12

    general.Watchingplayersforfreeisoneofthegreatadvantages

    ofonlinepoker.

    TakingnotesisanothergreatstrategyinOnlinePoker.

    Thereisnothingwrongorunethicalaboutkeepingnotesonother

    players. Some Online Poker rooms even provide a feature that

    allows you to take notes online while you play. This feature

    facilitates thebuildingofadatabasearound theplayingstylesof

    consistentplayers.Our advice is to recordwhat kinds of hands

    theyplay,howquicklytheyreact,andtorecorddetailonbetting

    andraisingbehaviour.

    In the heat of the game, you may not always have time to go

    throughallof thedetails.Butoneday,aregularplayerwilljoin

    your tablewith ahealthy stackof chipsandyouwillappreciate

    knowing everything you can ahead of time about their playingstyle.

    2.YOUKNOWEXACTLYWHATSINTHEPOT?

    Ata regularcardgame,youneed todosomeroughguessingat

    pot totals. (Theotherplayersrarelyencourageyou togodigging

    throughthe

    pot

    to

    come

    up

    with

    atally).

    Online,

    the

    total

    is

    calculated for you to the penny. Thismakes calculations about

    howmuch tobetveryaccurate.Why is this important?Youwill

    learnlaterthatoneofthekeystowinningisasystemusedbypros

    fordecadescalledPotBetting.Themoreaccurateyourknowledge

    ofthepot,thebetterableyouaretoknowexactlyhowmuchyou

    shouldbebettingonagivenhand.OnlinePoker isaPotBetting

    dreamcometrue.Sharpenupyourmathskillsabit,andyouare

    ontheroadtomakingmoney.

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    Insiders Secrets To Texas Holdem Poker Online by Theo Cage 13

    3.YOUHAVEMORETABLEANDBETTINGCHOICES!

    Haveyoueverwalkedintoarealcasinolookingforaseatatacard

    game?Youmaybe lucky to finda fewdozen.Whichone is the

    best foryourplaying style?Youwontknowuntilyou sitdown

    andplayanumberofhands.Andifyoudontlikeyourcompany

    atthattable?Youmovetoanothertableandtryagain.

    Therearethousandsofonlinecasinoswithdozensorhundredsof

    tables at each one froyou to choose from.You canpick from a

    widerange of betting options and from an infinite variety of

    different player combinations combinations you will have

    observedbeforeputtingdownyourhardearedmoney.Andyou

    can do this in a matter of minutes right from your computer

    screen.

    Never have there been so many options for the poker playerwilling to learn.Remember,youarenotjustplayingagainst the

    odds,youareplayingagainstotherplayersandinamathematical

    sense, the tableasawhole.This is therealkey towinning.Look

    for a tablewith thegreatestnumberofweakerplayers andyou

    willhaveanautomaticadvantage.

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    Insiders Secrets To Texas Holdem Poker Online by Theo Cage 14

    FOR THOSE OF YOUWHO JUST WANT TOGET STARTED NOW!

    f you are anything likeme,youjustwant toget to thegood

    stuff. So letsjump right into the game and theFood Chain

    system.

    Sure,therearerulestolearnandtechniquestounderstand and

    all kinds of interesting tips on betting and odds. This book is

    fullofstrategyandbackground.

    But Ijustwant tojump into the game itself as a startingpoint.

    Howcanyoubeawinner?OK!Letsstartwithanexampleofhowthissystemworks.Thenyou can learnabout thedetailsmoreat

    I

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    Insiders Secrets To Texas Holdem Poker Online by Theo Cage 15

    TheCageFoodChainTheoryofOnlineTexasHoldemPoker!

    Fish,astheyarecalledinTexasHoldem,areprey.

    Fisharethelosers andthebeginners andthesloppy

    playerswhoget eaten everydayby thebigger fish. In

    nature they are called prey. Thank goodness for the

    fish.Theysustaintheentirepokerfoodchain.Withoutfish,there

    wouldbenomonsterpotsorbigpaychecksandthegamewould

    notbenearlyasinterestingnorasprofitable.

    Dont getmewrong. Everyone is a fish in thebeginning and

    thereisnowayaroundthisessentialtruth.Everyonegetsburned

    and eaten repeatedly when they start to play poker. Everyonelosesoneventhebestnutshands.

    This book is about how to get out of the fish category as

    quicklyaspossibleandstarttakingmoneyhome.

    Anoteabouttheresearchthatbacksthisbook.

    The book you are reading, unlike most of the poker books

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    Insiders Secrets To Texas Holdem Poker Online by Theo Cage 16

    guyswhohavespentdecades learning theropes; themajorityof

    themplayingtheoldfashionedbricksandmortarversionofthe

    game.

    IamaComputerProgrammerwithanintenseloveforPoker(and

    othergames)wherethereisastrongcomponentofskillinvolved.

    InsiderSecrets2004isallaboutthescienceofPoker.

    CardShark,ourresearchteam,hasgonethroughmillionsof lines

    of code,data resultsandanalysisonbillionsofplayedhandsof

    Poker.Agoodpercentageof this researchwas sourced from the

    same online casinos you and I play at everyday. The rest came

    fromreputablesourcessuchasCarnegieMelonUniversitywhere

    grad students havebeen running computerized Texas Holdem

    simulations for years. Our theories are based on solid

    mathematics, proven odds calculations and the results of some

    veryinterestingcomputerstudies.

    At least three major research studies over the past three years

    have generated over 5 billion virtual hands of Texas Holdem

    poker.

    Youwouldhavetoplaypokereverydayforseveralmillionyears

    toexperience

    that

    many

    hands.

    (I

    know

    youre

    trying

    to

    live

    a

    healthierlifestylebutImnotbettingonanyoneschancestomake

    itthatfar!)

    Mostof thestrategy in thisbook isbasedon thisnewexciting

    research PLUS some good oldfashioned table sense based on

    over20yearsofreadinggreatcardplayers.

    Youmaybesurprisedbywhatthisnewresearchshows.IknowI

    was

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    Insiders Secrets To Texas Holdem Poker Online by Theo Cage 17

    The better the information you have about what is really

    happeningwiththecardsandthetable,thefasteryouwillgetout

    of the fishcategoryand intothewinningzone.Weopenup the

    bigblackonlinepokerboxandshowyoutheinsides.Whatcould

    bemorefun?

    Heres the question we hear every day. How much money can

    you make? Again,based on recent surveys, a good player can

    make $40,000 to $50,000 per year playingmedium $3$10 stake

    games.

    A real expert, aSHARK,canmake$100,000or more peryear

    andhundredsdo.

    Letsstartwiththeresultsofarecentcomputeranalysis.

    Imagine what we could learn about this game if we created avirtual10playerTexasHoldem table,programmed theplayers

    indifferentwaysandthenjustletthemplayforafewthousand

    years.

    Withsomeof the testrunswewoulduseveryaggressiveplayer

    behavioursjust to see how that type of combination of players

    effectswinning

    and

    losing.

    In

    other

    examples

    we

    would

    use

    avery

    tightandconservativegroupofplayerstoseehowthataffectsthe

    gameoveraperiodof time.Billionsofhandswere thenplayed

    andanalyzedagainandagainoverseveralmonths. More than

    manylifetimesofplay.

    Here is thesimplest formof theresultsof thisresearchbasedon

    yourchancesofwinningwiththefirsttwoholecards.

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    Insiders Secrets To Texas Holdem Poker Online by Theo Cage 18

    Player Type If you are a beginner, you are fish. If

    you aremore interested inplaying thanwinning,you

    arefish.Ifyoudontdoyourhomeworkandcompletely

    understandhowtheoddsaffectyourchancesthenyesVirginia,

    youareafish.

    Butevengoodplayerscanbecomefishduringplay.Tournament

    play is a good example where the game can change radically

    dependingonthenumberofplayersleftinthegame.Ifyoustartto panic or get shortstacked, youmayunintentionally revert to

    fishtactics.Asabeginneryouwilltendto act likeafishyou

    maystayinthepotlongerthanyourhandwouldjustify.Youmay

    raisewhenyour cardsarenot that strong.Fishare typifiedbya

    playingcharacteristiccalledloose.Loosenessimpliesadisregard

    for card odds and a general lack of knowledge about the other

    players.Combine

    this

    looseness

    with

    aggressive

    behaviour

    and

    youhaveoneofthemostinterestingcreaturesataPokertablea

    maniac.

    Tosurviveandmakemoney,fishneedtoplayaverytightgame.

    Asknowledgeand table smarts improve, they can increase their

    aggressiveness,boldwithfreshwinnings.

    Thebestguide tobeginnercardplay is touse theFishRuleas

    t t d i th Pl T Ch t B d th l t t t

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    research, fish should onlystay in thehand if they haveoneof

    thetop24pocketcardsdealt.

    Why?Because if theyhaveoneof thesehands, regardlessof the

    type of talent at the table, theywillhave an excellent chanceof

    winning. Theywill alsobegin to understand the discipline of a

    tighterplaying style,which isbasedonknowing theoddsand

    readingthetable.

    Bettingtacticsshouldnotbeanissuehereandneithershouldthe

    readingof tellsorevenplayerposition(whichwewilldiscussin

    detaillater).

    Here are the top 24 pocket hands in any Texas Holdem game

    (outofapossible169).

    Letsstartoffwiththetopofthehitparade.(Thesreferstocards

    inthesamesuit.)

    ThebigTop4AA,KK,QQ,JJareridiculouslyprofitableatany

    table.Alwaysraiseandreraisewiththesecards.Theydontcome

    alongoften,sotakeadvantage.Notraisingonthesecardsisasign

    offoolishness.Beingaggressivehereisanobrainer.

    The

    top

    16

    ranked

    starting

    2

    card

    Hold

    em

    hands

    (or

    pocket

    cards)arefundamentaltowinningplay.Theymakeuponly7%

    f ll h d d lt it lik l th t ill t i h b

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    limitingyourplaytojustthesecardcombinations.Butyouneed

    toknowwhattheyrepresentwhentheydocomealong.

    IfyoucomparethischarttoolderbooksonPokeryoumaynotice

    an obvious variation. The latest research has shown that the

    overall power of AKs is slightly greater than that of KQs

    especiallyingameswherefewplayersareleftaftertheriver.

    Infact,withsixplayersaftertheriver,AKplaces10th,whileina

    game with 6 players, it places 5th. This revelation was first

    discovered in theR&Dbeingdoneusing the latestcomputerized

    pokersimulationsinthelate90s.

    JJisanotherexampleofholecardsthatvarygreatlydependingon

    the typeofgame theyareplayed in.Theyhavebeenhighlighted

    onthechartforthefollowingreason

    Atalargetableof6ormoreplayers,JJisranked4thinpower.Ina

    situationwheretherearefewerplayers,thepowerofthispairgoes

    downto9th.

    GamerankwithonlyTWOplayersaftertheriver(Top10)

    GamerankwithSIXplayersaftertheriver(Top10)

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    ThekeydecisionanyHoldemplayermakesiswhetherornotto

    playthestarting2cardhandtheyaredealtwith.Andiftheydo

    play,howdotheyplaysmartthroughthehand.

    IyouareaFISH,neverbetonanythingbutthetop

    ranked24pocketcards.

    InsiderSecret

    WewouldalsosuggestthatyouALWAYSraiseontheTop10.

    Raise on the Top 16 unlessyou think the raise isnot likely to

    driveoutotherplayersinaveryloosegame.

    Underverytighttableconditions,onlytheTop5shouldberaised

    beforetheflop.

    However,ouradvicewouldbeifyoufindyourselfataverytight

    table, you should probably get up and go find better playing

    conditionselsewhere.

    AK isagoodexampleofholecards thatonlydoreallywell ina

    shorthanded game so you need to raise and drive out other

    players right away. If you cant, youwill have lostmost of the

    powerand

    advantage

    of

    these

    cards.

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    TT on the other hand drops dramatically in powerwith fewer

    playerssoraisingtopushoutweakerhandsisapoorstrategy.

    BarracudaThenextlevelupfromtheFishcategoryisBarracuda.Youre not thebiggest andmeanest fish in

    the sea,butyouhaveexperienceandyouve survived.

    Andyouremakingmoneywhenyouplay.

    TheBarracudaPlayercansafelyplay theTop40pocketcardsas

    listednext.

    Youarenow in the landofthemediumsuitedconnectors KQs,

    QJs,JTs,T9s whichdoverywellinsmallstakegamesaswellas

    thebiggishoffsuitaces AQ,AJ.

    BarracudaTip:

    Pickyour10playertablecarefully.Lookforplayerswhoseem tobehavingfun,andwhereat leasthalf

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    isamajordeterminantofhowwellyourhandswillholdupin

    thelongrun.

    When other players know what youre holding, you suffer

    tremendousdisadvantage.Justplayinggoodcards isnotenough

    asaBarracuda.RaisingAAandKKisclearlynotenough.

    Youneedacarefullyplannedbuthardtoreadraisingstrategyas

    well.At theBarracudastageyoubegin toexperimentwithmore

    aggressive play.As youwill read later, timing your aggressive

    strategy is the key. Being aggressive with a large number of

    playersatthetable,unlesstheyareallveryconservative,willnot

    workmostofthetime.Andnomatterhowaggressiveyouare,if

    youaresurroundedbysharks,youwillbechum.

    AsaFishyouwere focusedon the top1016pocket cardsdealt.

    Youneedtoexpandthisnowintwoways.

    One,youneed tobemoreaggressivebefore the floponawider

    rangeofcards.

    Two,youneed tomixupyourbetting strategy.Asyouwill see

    later, the best player type is tightaggressive. This

    characterizationis

    based

    more

    on

    how

    the

    other

    players

    see

    you

    andlessonyourownstrategy.Inpoker,perceptioniseverything.

    Youneedtobeseenbyyouropponentassomeonewhosstyleis

    slightlyhard to readandoccasionallyunpredictable.Thenwhen

    youdoraiseaggressively,youropponentswilltakeyouseriously

    andsurrenderthepot.

    Be aware that in online Poker, because players come and go

    constantly,itsmoredifficulttobuildareputationatthetable.Its

    like performing on the stage you need to exaggerate your mo es a

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    tobeaggressiveonline,youraggressionneeds tobe clear that

    meanspushingupthebetsmorethanyouwouldatarealtable.

    Slowplaycanhave itsadvantageshere too. It tends tocatch the

    attention of otherweaker players anxious to donate to the pot.

    Evenifyouknowexactlyhowmuchyouplantoraise,slowdown.

    Letthecounterclickoff.Thisisagreatattentiongettingdevice.If

    afterstalling,youfold,youcommunicateindecision.Ontheother

    hand,ifyouraiseheavy,youvemadethemovequiteclearand

    youvegottheotherplayersthinking.

    Mentaltoughnessisoneofthekeystosuccessasyoumoveupthe

    pokerfoodchain.Beingmentallytoughmeansignoringtheother

    playersconcernsabouthowfastyouplay.

    Mr.SlowPlay

    One of the toughest tournaments Iveplayed in had oneplayer

    who constantly ranup to the last few secondsof their available

    timeoneveryturn.Atfirstitlookedliketheyweredistracted,or

    playinganothergameonlineatthesametime.Virtuallyeverytime

    itcametotheirturn,theywouldstalluntilthecountdown.Soon,

    other playersbegan chatting about the slow play.Namecalling

    began.One

    player

    suggested

    taking

    aggressive

    action

    against

    this

    player as a group, simply because of the shared aggravation.

    Which is exactly what happened. At one point, one playerbet

    aggressivelyagainstMr.SlowPlayandwentallinandlost.

    Whowon the tournament?Mr.SlowPlay.Whatagreatstrategy.

    Herattledalmostalloftheotherplayerswithhisslowdetermined

    pace.Hewent right down to the last few seconds on the clock

    dozensoftimes.Themoretheotherplayerscomplained,themore

    he hesitated

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    Becausehewasslowoneveryplay,itwasverytoughtoreadhis

    actual playing style. He was consistent. He also got a lot of

    attention.Whenhewon,noonemissedit.Hemanagedtocontrol

    thetableinaway.Tablecontrolisclearlyagoaloftheconsistent

    winner.

    The Shark Playerwillhave80hands in theirplay list (seechart

    following)knowing that theyaregoodhands if the flop isgood

    flop, that your opponentswill generally discount the likelihood

    youllbeholdingthem,andthattheywillhavethewilltofoldon

    asmanyroundsasittakeswhentheflopdoesntgointheirfavor.

    Asagambler,withthesecards,therealmagicisgettingtheright

    flopcards.

    Based on using the Shark play list you would on average,

    participate

    in

    about

    1/3rd

    of

    all

    pots

    at

    your

    table.

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    Again, if your goal is towin, please stay away from very tight

    tablesbecausenomatterhowwellyouplay,onlythehousewins

    wheneveryoneisgood.

    AuthorsSklanskyandMalmuth(S&M)haveauthoredoneofthe

    most popular pokerbook to date calledHoldemforAdvanced

    Players.Ourprefloprecommendationsdifferinmanyways.

    S&Mhas always advised raisingwithyour strongesthands and

    limping (calling)withyourweakest. But thisamajormistake in

    tightergames, sinceyour strongesthands areworthmuchmore

    than theblinds,while yourweakesthands areworthmuch less

    thantheblinds.Foldingisthewisestchoice.

    Also, S&M advises not raisingwith hands like KT after several

    looselimpers.Thenewestresearchhoweverindicatesyoushould

    usuallyraisesinceyourhandislikelytobebestandwillwinmorethan your fair share of pots (though usually notmuchmoney).

    S&Ms argument is that fish will call correctly with gutshots

    (drawingonecardtoastraight)andpairsontheflopifyouraise

    preflop,andyouwillsuckmoreplayersintothepot.Raisingwill

    notgreatlyreduceyourchanceofyourwinningthepot,soifyou

    willwinmore thanyour fairshareofpots,youshouldgenerally

    raise.

    StatsfromanumberofonlinecasinoshaverevealedanotherS&M

    myth thatyoushould raisewithbabypairs like 33even ifyou

    know theblindswillcall.Theoddsare thatyouwill flopa thrip

    more then1 in9 timesbutyouwillwin thepot less than1 in9

    times. Since youwillwin thepot less than your fair share, you

    shouldnotraise.

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    PLAYING THE PROGRAM STEP-BY-STEP

    Letsstartwithanexamplehand.Iftherearetermshereyoudontunderstand, you can check the Dictionary in the back or the

    IntroductionToTheGamechapter.

    Ready?

    The threebasicsyouneed tounderstandbeforeyoubetonecent

    on

    any

    Texas

    Holdem

    game.

    1) Ch k t th th l ! A h d l ? Ch k

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    notesonthestrengthofeachplayer.Ihavesuppliedasystemyou

    canusetodeterminetheirabilitytoplay.

    2)Decideontherightspotatthetable.Veryimportant.Probably

    oneof themost importantdecisionsyouwillmake in thegame.

    YouwillfindalotoftipsinthechapteronTablePosition.

    3) Make sure you have enough chips.Stack sizedoesmatter in

    thisgame.Youwill find tipsonhow todecideonhowmuch to

    playwiththislaterinthebook.

    OK!Youreseated.Youhavereadthetableandtheotherplayers.

    Youhaveenoughchipstowin.Nowwhat?

    Fromthispointon,justfollowoursystem.

    InthisexampleyouaredealtaKingandanine.

    Yourfirstquestionwillbehowgoodismyhand?

    Well,welltellyou.ReferfirstofalltotheOpeningOddsChartat

    theendofthisbook.

    Look up K9 from the chart (which youwill keepby your side

    whenyouplay.)

    The odds of winning with these two cards is 14%

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    Now lookat thepot.What is the totalnow?This iseasybecause

    thecomputerkeepstrackofthisforyoutothepenny.

    Letssaythepottotalis$80.

    14%of$80 is$11.20.(This isourPotOddscalculation.This tells

    youhowmuchyoushouldbetbasedonwhatyouhave.)

    Soyoumatch thebetof $10 andyouare in. (Tendollars is less

    thanyour$11.20limit.Youunderpaidtostayinthegame.

    Nowtheotherskeepbetting.Itgetsbacktoyouagainandthepot

    isnow$120.

    Whats14%of$120?Around$17.

    Youve alreadybet $10. That leaves $7. (Your firstbet on thatroundplus$7)

    Youneedanother$10tostayin.

    Accordingtomyrulesthen,youshouldfold.

    Nowthe$3differenceisnotmuch.Youmightdecidetogotothe$20 ifnecessary. But dont go any further.Theoddsareagainst

    you and you are overpaying for the cardsyouhaveyet to see.

    Nowyouareplayingscientificallyandbasedonwellunderstood

    odds.This is how theprosplay.Theywatch the otherplayers.

    Theywatchtheothercards.Andtheyknowthemath.

    The

    secret

    to

    winning

    Texas

    Holdem?

    Beat

    the

    odds

    by

    knowingtheodds.

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    You need tobeat the other playersby knowing the oddsbetter

    than they do.Now lets learnmore about the secrets of online

    poker.

    Letsgetbacktoourtwopocketcards.

    HerestheFLOP.

    Now youre pretty excited. You just ended up with a pair of

    Kings.IsapairofKingsgoodenoughtowin?Areyoureadyto

    betthefarm?DoyouhavetheNuts?

    50%ofTexasHoldempotsarewonwithapairof9s

    orbetter.

    InsiderTip

    So that sounds good. Except there is a partial straight on the

    table.

    Atthispoint,aftertheFLOP,thereareTHREEthingstoconsider.

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    Whatdotheotherplayershave(Tells)?

    Whataremyoddsofgettingawinninghand?

    Whatwillitcostmetoseethenextcard?

    Backtothefirstpoint.

    Whatdotheotherplayershave?Shortofthosexrayglassesthey

    usedtoadvertiseinthecomicswhenyouwereakid,howwillyou

    know?This is theartof the tellsevaluating theotherplayers

    cards.

    First,lookattheoddsfortheotherplayers.

    Inourgame,thereisa2cardstraightonthetable.Anotherplayer

    needstohavea56or69or9T inanysuitandtheyareclosetoastraight.(Lateronwewillshowyouexactlyhowtofigureoutthe

    exactodds.)

    It isvery likely that someone at the table is 1or2 cards froma

    straight.Andtheystillhavetwomorecardstofillthatstraight.

    Clearly, you need threeofakind to stay in the game. Another

    King.

    As far as you know there are 2 other Kings in the deck (you never

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    Theoddsaresimpletocalculate.

    Thereare17 cardsdealt (basedon3downand7playerswith2

    cardseach).

    Youneed2outof17cards=11.7%odds.

    Thebettingstartsandyoucanseethepot is$180when itgetsto

    you.

    Howmuchcanyoubet?

    11.7%of$180=$20.

    If you know that you need another King to win, the most you

    shouldbettoseethenextcard(basedonwhatyouknow)is$20.

    Youhaveoneotherveryvaluablebitofinformationatthispoint.

    Youcanseehowothersarebetting.Thisshouldgiveyouagood

    sense,combinedwithyourreadingofthetablebeforeyoustarted,

    ofwhatkindofhandstheyhave.

    LetsseethenextcardtheTURNcardasixofhearts.

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    WHAT WOULD YOU DO AT THIS POINT IF YOU KNEW

    THAT ONE OF THE OTHER PLAYERS ALREADY HAD A

    STRAIGHT?

    Youwouldfold.Right?Well neverbetonthecome.

    Acardinalruleinpoker iftheyvegotyoubeatand

    youknowit,foldnow.

    InsiderTip

    Yes,youmaygetacardtoimproveyourhandbutsocanthey,so

    unlessyoucanseethenextcardforfree,dontwasteyourmoney.

    Thequestionis,howdoyouknowwhattheotherplayerhas?Are

    you making the determinationbased on how they arebetting?

    Maybe

    theyre

    bluffing.

    Youknowyoucantbeatastraightwithathrip(threeofakind).

    Ontheotherhand,besidethePAIRofKINGS,youhavefourcards

    inastraight6,7,8,9.

    WhyyoushouldnotplayanythingbelowAToffsuit?Whyits

    besttohaveA5sandbeloworATsandaboveoversomethingin

    the middle like A8s?

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    AnyAceunsuitedhandbelowATcanbebigtroubleinanykind

    ofgame.

    Somepeoplemighteven considerATandAJdifficulthands too

    butforthegamesyouaregoingtobeplayingintheyareadequate

    startinghands.

    ThereasonA8,A7,A5allsuckisbecauseyoureallycanthitmuch

    towin. TakeA8forexample.

    Yourkickerisntthatgreat,the8,andyouhavenochanceof

    hittinganystraightsorflushes. Theonlywayyoucanwinreally

    istohopethattheyhaveaweakerAcethenyoudoandyoucatch

    one.

    Playingpokerislikeinvestinginthestockmarket.

    Youwanttoputyourmoneyintogreatstockthathasachanceto

    deliveragoodreturn.A8 isntthatkindofstock.

    NowtoanswerthequestionofATsandaboveandA5sandbelow

    versusA9sA8sA7sA6s.

    The first onesworkbecause you can alsomake a straightwiththem I would take A5s over A8s because the A and the 5 can

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    WhenyouplayweakAcesthoughlikeA5s,youhavetobeextra

    cautiousifyoucatchanAceontheflop.

    Youwontbesure ifyourkicker isgoodornotsoyoullhave to

    give the next step some thought. Playing these only in later

    positionscanhelpyoumakebetterdecisionsbecausepeoplewill

    checkmostlikelyiftheydonthavetheAorthathandbeat.

    WhydohandslikeAA,KK,QQ,AK,AQworkbestatsmaller

    tables?

    Imagineascenariowhereeveryoneisinthehand,andyoulook

    downandseetwogorgeousredAces?

    Yourpulsestartstorace.Thenyoulookuptoseethateveryone

    hasalreadycalled.Atthispointyouhavetoknowthatyour

    chancesofwinningareslim.

    Powerhandslikethisrarelywinwhentherearethatmanypeople

    callingpreflop. Why?

    Howdoyouimprovethishand?

    Inbigallinpotstwopairrarelywinsagainstflushesandstraights.

    Sowhatdoyoudo?

    Theres only one tactic left You could check raise on the flop

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    someoftheotherplayerstoleave.Limitingthefieldwould

    increaseyourchancestowin.

    WhyarehandslikeKTs,QJsJTs,89s,79s,and46sbetterwhen

    youhaveafulltableofplayersin?

    Youcanalmostnevergetintotroublewiththesekindsofpocket

    cards.Ifyouhitsomething,itslikelytobequitestrong.Ifyou

    dontgetthecardsyouwant,itseasyatthispointtofold.

    TrythatwithapairofAces!Withthosekindsofcardsyouare

    marriedtothepotusuallytothebitterend.AhandlikeJTsand

    89sareidealforplayingagainstbigallinpots.Ouradviceisto

    alwaysraisetobuildthepot.

    Thereasonthesefavourbigpotsisbecausetheyarealways

    drawingtoflushesandstraights.

    Makeyourhand...andyouwillbehardtobeat.

    SUMMARY FOR THE BEGINNER

    Readthetable.

    Play

    very

    tight,

    especially

    in

    the

    beginning.

    Startwithenoughchips.

    Betbasedonwhatthepotoddsare(neveroverbetthepot)

    Watchtheoddsforupcomingcards.

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    EVERYTHING YOU ALWAYS WANTEDTO KNOW (AND MAYBE DIDNT)ABOUT ODDS, PERMUTATIONS

    AND RETURN ON INVESTMENT

    WHATARECARDODDS?

    Ifyouhaventalreadynoticed,probabilityisahugefactorinTexas

    Hold em.Forexample,thereare2,598,960possiblehandsina52

    carddeckbutonly4RoyalFlushes.Iftheaverageseriouspoker

    player is dealt 100 000 hands in their lifetime they will never hold

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    (onthefirstfivecards)morethan4percentofallthepossible

    hands.Andlikelyalotless.

    Figuringoutstraightcardcombinationsforthepurposeofthistext

    are called Card Odds (youwillbe introduced to other kindsof

    odds later).CardOdds can reveal some quite interesting infor

    mation.

    For

    example,

    how

    many

    pat

    straight

    flushes

    will

    you

    see

    in

    your

    lifetime?Todeterminethatnumber,theexpectednumberofhands

    that could be dealt during your lifetime is estimated by the

    followingcalculation:

    10completepokerhands/hr.x5hrs./game x 50games/yr.

    x40yrs./pokerlife=l00,000handsofpokerperlifetime.

    This is a pretty aggressive estimate, as most people will never

    come close to thisnumberof completehands inTexasHoldem.

    Based on this level ofplay, the number ofpat (on the first five

    cards) poker hands that you should get during your lifetime is

    calculatedfromthecardoddsandtabulatedasfollows:

    CardsDealt NumberofPatHands

    Nopair 50,000

    Onepair 40,00

    Twopair 5,000

    Threeofakind 2,000

    Straight 400

    Flush 200

    Fullhouse 170

    Fourofakind 25Straight flush 1.4

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    Sostatistically,youshouldseeapatstraightflushonyourfirst

    fivecards

    once

    or

    twice

    during

    your

    lifetime.

    Most

    average

    poker

    playerswillneverseeevenone.

    Cardplayersoftentalkabouthavingaluckystreakorarun.

    Mathematically,streaksdontexist.Butsupposeyoudidhavean

    amazingrunofcardsoneevening.Whatwouldtheoddsbeof

    havingfiveconsecutivestraightflushesinarow?

    Royal Flush 4 .0000015391

    Other StraightFlush

    36 .0000138517

    Four of a kind 624 .0002400960

    Full House 3,744 .0014405762

    Flush 5,108 .0019654015

    Straight 10,200 .0039246468

    Three of akind

    54,912 .0211284514

    Two Pairs 123,552 .0475390156

    One Pair 1,098,240 .4225690276

    Nothing 1,302,540 .5011773940

    Total 2,598,960 1.0000000000

    In

    every

    1.7x1024

    deals

    .

    .

    .

    or

    once

    in

    every

    700,000,000,000,000,000,000years. Youdhavetoreadthosecards

    in thedark though,becauseoursunwillbelonggoneby that

    time.

    Playersusecardoddstomakeplayingdecisions.Adecisionmade

    without taking into account card oddsmakes poker a guessing

    game.Thechancesoffinishingaflushorastraight,theprobability

    ofgettinganovercard(facecard),thepercentageoftimesyoure

    going to flop a card to match your pocket pair are all extremely

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    Knowledgeofthesestatisticsiskeytowinning.

    Herearesomeotherbasicprobabilitiesthatyoushouldknow

    about:

    Youneedonemorehearttomakeyourflushontheturn

    orriver 35%

    Probabilityofhittinganopenendedstraightdraw(i.e.4

    straight

    cards,

    need

    one

    on

    either

    end

    to

    hit

    on

    turn

    or

    river) 31.5%

    Probabilityofbeingdealtsuitedcards:23.5%

    Probabilityofhittingathreeorfourofakindattheflop

    whenyouholdapocketpair:11.8%

    Probabilityyouwillmakeapairattheflop,holdingtwo

    unpairedcardsinthehole:32.4%

    Probabilityof

    being

    dealt

    AA:

    .45%

    Probabilityofnooneholdingaspecificcard,bynumberof

    players,assumingyoudonothavethatcard,bynumber

    oftotalplayers.

    2 84.5%

    3 70.9%

    459%

    5 48.6%

    6 39.7%

    7 32.1%

    8 25.6%

    9 20.1%

    10 15.6%

    Probabilitysomeoneelsedoesnothaveanace,assuming

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    2 88.2%

    3 77.5%

    4 67.6%

    5 58.6%

    6 50.4%

    7 43%

    8 36.4%

    9 30.5%

    10 25.3%

    HOWARETHEODDSCALCULATED?

    Letslookattheexampleofhaving4outs(fourcardsyouneedto

    makeyourhand).Sayyoureholding6c7dandtheflopcomes9s

    10hKc.Inthiscaseyouneedan8tomakethestraight.Sincethere

    arefour8sinthedeck,youhave4outs.

    YOURPOCKET

    THEFLOP

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    ODDSWITHONECARDTOCOME

    Calculatingtheoddswithonecardtocomeisrelatively

    straightforward.

    Whenyoure looking tomake the inside straight,youhave four

    outs.Thereareatotalof46unknowncards(52minusthe2cards

    inyourhandminusthe3cardsfortheflopandthe1turncard).42

    of

    the

    cards

    don

    t

    make

    your

    hand

    and

    four

    do.

    42:4

    or

    10.5:1

    =

    about 9%. I prefer to use the percentage as it helps when

    calculatingPotOdds(tocomelater).

    ODDSWITHTWOTOCOME

    To calculate the appropriate odds with two cards to come, you

    must

    first

    determine

    the

    total

    number

    of

    two

    card

    combinations

    possibleaftertheflop.

    Theeasiestway tocalculate this isbymultiplying thenumberof

    cardsavailablefor the turn(47)bythenumberofcardsavailable

    for the river (46)anddividing thatnumberby2 (becauseacard

    cantmatchitself).47*46/2=1081.

    Acertainnumberof these1081 twocardcombinationswillhave

    eightsinthem.Todetermineoddsproperly,youneedtocalculate

    twomorefigures.

    EIGHTS ON BOTH THE TURN AND THE RIVER

    Oneof the four eights can appearon the turn.And ifonedoes,

    therewillbe three left for the river. If youmultiply 4by 3 and

    di id b 2 (b d t t h it lf) th t th

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    EIGHTSONTHETURNORRIVER

    Ifaneightcomesontheturn,thereare46unseencardsremaining.

    Butyoureno longer interested in the three remainingeights, so

    youcansubtractthose.Thisleaves43unseencardsthatwillmake

    auniquepairwithoneoftheeights.Multiply4(thenumberof8s

    inthedeck)by43(thenumberofunseencards)toarriveat172.

    FINISH

    THE

    CALCULATION

    172 plus 6 comes to 178 the total number of twocard

    combination thathaveat leastoneeight in themandasmanyas

    twoeights.

    Outof1081possibletwocardcombinationsontheturnandriver,

    178

    of

    those

    combinations

    help

    us

    make

    our

    hand.

    Subtract

    178

    from1081tofindthenumberofcombinationsthatdontmakethe

    straight(1081178=903).

    The odds againstmaking a straightby the river are: 903:178, or

    20%.

    What

    About

    The

    Cards

    The

    Other

    Players

    Are

    Holding?

    Everwonderwhyweneverfactortheopponents cardsorthe

    burncardswhenfiguringouthowmanycardsareleft?

    The reason is thatwe only consider unseen cards. If you saw

    whattheburncardswere,oranopponentshowedyouhishand,

    youwouldknowthat thosecardsarenotgoingtobedrawnand

    coulduse that.We typicallydonotknowwhat theyhave,sowe

    dont even think about it when talking about odds

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    Forinstance,takeastandarddeckof52cards,remove2Acesand

    burn25ofthem.Ifyoudrewthenextcard,whatarethechancesof

    itbeing anAce? Itwouldbe 2/50 (2Aces left out of 50unseen

    cards). ItwouldNOTbe 2/25justbecause youburned half the

    deck.Okay,dothesamethingagain,butthistimeyougettolook

    attheburncards.Letssaythatofallthecardsyouburned,none

    wereanace.Nowyouroddsare2/25becausetherearestill2Aces

    andnowonly25 unseencards.

    Youwill find that you can easily remember a few of themost

    commonsituationsforoutssuchasthefourflushorstraightdraw

    buttherehastobeaneasierwaythanmemorizingthefiguresfor

    everynumberofouts.Thegoodnewsisthatthereisawaytogeta

    goodestimationoftheoddswithouttheheavymathandyoucan

    alsousehandyoddscharts.

    WHATHANDSWILLWINTHEPOT?

    The following are the most valuable starting hands in Texas

    Holdem. This chart assumes a medium to loose $510 Texas

    Holdemgame.Theresultsarebasedonacomputersimulationof

    5,000,000 played hands. The percentage shown indicates how

    manytimesintypicalgamethatthesehandswinthepot.

    2Pair 31%

    Pair 27%

    Threeofakind 12%

    Straight 9%

    Flush 9%

    Fullhouse 9%

    Bust(nothing) 2%Fourofakind 1%

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    Thisisinterestingdatabutheresthekickerlookatthepower

    oftwopairsandsinglepairhands.Itsnotonlyhigherthanthe

    WHATAREMYCHANCESOFWINNING?

    Whataremychancesofwinningahandwithagivensetofpocket

    cards?Whataretheoddsoffillingastraight?

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    Howmuchyoucanexpecttoprofitfromthesestartinghands?

    Thestartinghandaveragewinforeachtimeplayedbasedon

    mediumtolooseTexasHoldemPokergameswitha $5/$10limit.

    AA $34.19

    KK $24.13

    QQ $17.36

    JJ $12.08AKsuited $11.63

    AKoffsuit $8.65

    AQsuited $8.32

    1010 $7.72

    AJsuited $5.69

    AQoffsuit $5.47

    POCKETCARDODDS

    Hole Cards Odds

    Any Pair 16 : 1

    Suited Cards 3 : 1

    A-K 82 : 1

    Suited Connecting Cards 24 : 1

    A-A or K-K 110 : 1

    A-anything 5.3 : 1

    Any two cards J's or Higher 10:1

    After the Flop

    Pair J's or Higher 55 : 1

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    Pair improving to 3 of a Kind 8 : 1

    Flop being 3 of a Kind 391 : 1

    The River (5th Street)

    A-K hitting an A or K by the River 1:6 : 1

    Q-Q vs A-K (A or K hitting) 1.5 : 1

    Hitting 5th card to complete a Flush 1.6 : 1

    Completing an Open Ended Straight 2.9 : 1

    Three of a Kind improving to Full House 2.7 : 1

    Pocket Pair improving to 3 of a Kind after the

    Flop12 : 1

    Hitting a Backdoor Flush 33 : 1

    More Interesting Texas Hold'em Odds

    5 Players, there's an A on the flop. Chances aplayer has an A in their hole.

    1.7 : 1

    4 Players, there's an A on the flop. Chances a

    player has an A in their hole.2.1 : 1

    3 Players, there's an A on the flop. Chances a

    player has an A in their hole.2.9 : 1

    2 Players, there's an A on the flop. Chances a

    player has an A in their hole. 4.3 : 1

    WHATAREPOTODDS?

    Potoddsaretheoddsyougetwhenanalyzingthecurrentsizeof

    the pot vs. your next call or bet. Pot Odds help you make

    importantcall,raiseorfolddecisions.

    Example 1: There is $200 in the pot and a final $10 bet coming at

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    one of four suits, the shortcut math is 1:4 chances or 25%.

    Winning consistently is aboutbeating Pot Odds and not over

    betting.IfyourCardOddsare25%(youhavefourheartsandneed

    another towin) andyouonlyneed tobet5%of thepresentpot

    ($10 asapercentageof the$200) to see the last card,youare in

    great shape. Based on Pot Odds for thishandyou couldgo as

    highas25%ofthepotbasedonyouroddstopullaheartonthe

    river.

    Example 2: You are in a $5/$10 Holdem game with JackTen

    pocketcards

    and

    one

    opponent

    left

    on

    the

    turn.

    Youhaveanoutside straightdrawwithaboardof259Q,and

    only therivercard lefttomakeyourstraight.Any8oranyKing

    willfinishthisstraightforyou,soyouhave8outs(four8sand4

    Ksleftinthedeck)and46unseencardsleft.8/46givesyoua6:1

    chance or a 17% chanceof getting thewin.Your opponentbets

    $10.

    6/1=17%PotOdds

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    Ifyoutakea$10betyoucouldwin$100.Yourbetisthen10%of

    thefinalpot.The10%betissmallerthanthe17%odds,soyouare

    ingoodshapefromaninvestmentpointofview.

    Wheneveryourcallorbet(in thiscase10%ofthepot) issmaller

    thanyouroddsofgettingthewinninghand(17%)youarebuying

    thenext card at adiscount.The key is looking at theoddsof a

    winninghand,notbuildingapartofawinninghand.

    Toomanybeginnersjustplaygoodcardsandjusttossbadones

    oriftheyhavetheprospectofstraightoraflush theywilljust

    drawanddrawwithlittleconsiderationtoanythingelse.

    Unlessyouhave the NUTS (nuts= theverybestpossiblehand)

    every time there is a certain degree of riskwhen you put your

    moneyinthepot.

    Intheheatofthebattleyoumaynotalwayshavetimetogetout

    yourcalculatoranddothenumbercrunching.YoucanlookatPot

    Oddsinamuchsimplerway justaskyourselfifthereisenough

    moneyinthepottojustifytherisk?

    If there is abig pot unless youjust know you arebeat, or it

    simplycosts

    too

    much

    too

    call

    (which

    means

    your

    pot

    odds

    may

    notbesogreatafteritsallsaidanddone) trytogetsomeaction.

    Evenifyouknewyouwerealongshot wouldyoubet$25or$50

    ona chance towin$500or$1000ormore?Whileyoumaybea

    long shot itsnot abadbet if there is a reasonable chanceyou

    couldwin.

    On the flip side, and this is important, youmay have a decent

    hand anditmayevenbethewinner,(useyouropponentortells

    kno ledge) but if its going to cost you $250 to call and you stand

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    toonlywinafewhundredthenyourpotoddsarenotsogreatand

    isprobablynotworththerisk.

    Potoddsratiosareausefultooltoseehowoftenyouneedtowin

    thehandtobreakeven.

    Ifthereis$100inthepotandittakes$10tocall,youmustwinthis

    hand1outof11 times inorder tobreakeven.The thinkinggoes

    alongthelinesof:Ifyouplay11times,itllcostyou$110,butwhen

    youwin,youget$110($100+your$10call).

    Theusefulnessofcardoddsandpotoddsbecomesveryapparent

    whenyoustartcomparing the two.Asweknownow, ina flush

    draw,yourcardodds formakingyour flushare1.9 to1or35%.

    Letssayyoureinahandwithanutflushdrawandits$5toyou

    on theflop tocall.Doyoucall?Youranswershouldbe:Whatare

    mypotodds?

    Ifthereis$15inthepotplusa$5betfromanopponent,thenyou

    aregetting20:5or4:1potodds25%.Thismeansthatinorderto

    breakeven,youmustwin1outofevery5 times.However,with

    yourflushdraw,youroddsofwinningare1outofevery3times!

    You shouldquickly realize thatnotonlyareyoubreakingeven,

    butyouremakinganiceprofitonthistoo.Letscalculatetheprofit

    margin

    on

    this

    by

    theoretically

    playing

    this

    hand

    100

    times

    from

    theflop,whenisthencheckedtotheriver.

    TotalCosttoPlay=100hands*$5tocall= $500

    PotValue=$15+$5bet+$5call=$25

    OddstoWin=1.9:1or35%(Fromtheflop)

    TotalHandsWon=100*OddstoWin(35%)=35wins

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    = $500+(35*$30)

    = $500+$1,050

    =$550Profit

    Asyoucansee,youhaveagreatreason toplay this flushdraw,

    becauseyoullbemakingmoneyinthelongrunaccordingtoyour

    cardoddsandpotodds.Themostfundamentalpointtotakefromthisis:

    IfyourPotOdds>CardOdds,thenyouaremakingaprofit.

    So,eventhoughyoumaybefacedwithagutshotstraightdrawat

    times,whichisaterribledrawat5to1handodds,itcanbeworth

    it to call if you are getting pot odds greater than 5 to 1.Othertimes, ifyouhaveanexcellentdrawsuchas the flushdraw,but

    someonehasjustraiseda largeamountsoyourpotoddsare1:1

    for instance, then you obviously should not continue trying to

    draw to a flush, asyouwill losemoney in the long run. In this

    situation, a fold or semibluff is your only solution, unless you

    knowtherewillbecallersbehindyouthatimproveyourpotodds

    to

    better

    than

    break

    even.

    Yourability tomemorizeor calculateyour cardoddsand figure

    out your pot odds will lead you to make many of the right

    decisionsinthefuture.Justbesuretorememberthatfundamental

    principle of playing drawing hands when your pot odds are

    greaterthanyourcardodds.

    Anothergoodrule tofollow a lotofplayerswant tosomehow

    factor in money they wagered on previous rounds With the last

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    ofthat$200pot.Letssay$50.Doesthatmeanyoushouldplayor

    foldbecauseofthatmoneyyoualreadyhaveinthere?$50/$200?

    Thatsabigno.

    Thats not your money anymore! Its in a pool ofmoney tobe

    given to thewinner. You have no stake in that pot. The only

    stakeyoumighthaveistotallymentalandhasnobearingonhard

    statistics.

    Thenextstepistousebetoddsandimpliedodds.Thatstougher,

    becauseitinvolvespredictingreactionsofotherplayers.Withbet

    odds, you try to factor in howmany people are going to call a

    raise.With impliedodds,youre thinkingabout reactions for the

    restofthegame.Oneexampleonimpliedodds...

    Sayitsanother$5/$10Holdemgameandyouhaveafourflushontheflop.

    Yourneighbourbets,andeveryoneelsefolds.Thepotis$50atthis

    point.Firstyoufigureoutyourchanceofhittingyourflushonthe

    turn,anditcomesouttoabout19%(about1in5).Youhavetocall

    this$5betvs.a$50pot,sothatsa10xpayout.1/5ishigherthan

    1/10,

    so

    bet

    odds

    are

    okay,

    but

    you

    must

    consider

    that

    this

    guy

    s

    goingtobetintoyouontheturnandriveralso.Thatsthe$5plus

    twomore$10bets.

    Sonowyourfacing$25moretilltheendofthehand.Soyouhave

    toconsideryourchancesofhittingthatflushontheturnorriver,

    whichmakesitabout35%(betterthan1in3now),butyouhaveto

    invest $25 for a finishing pot of $100. $100/$25 is 1 in 4. Thats

    prettyclose.

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    Ifyoudontmake itonthe turn, itllchangeyouroutsandodds!

    Youllhavea19.6%chanceofhittingtheflush(littleworsethan1

    in5),buta$20investmentforafinishingpotof$100!$100/$20is1

    in 5. So the chances could take anasty turn if youdidnthit it!

    Whatsmakes itmorecomplicated is that ifyoudidhit iton the

    turn,youcouldraisehimback,andgetanextra$20ormaybeeven

    $40inthepot.

    Onceyouvemasteredsimpleoutsandpotodds,betandimplied

    odds arejust a longer extensionof theseequations. Ifyou thinkabout these thingswhile you play, theywill eventuallybecome

    secondnaturetoyou.

    MoreOddsExamples:Apocketpair

    YoustartwithapairofJacks in thepocket.Not tooshabby.The

    flophowever,doesntcontainanotherJack.

    YOURPOCKET

    THEFLOP

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    Lesson 1: Whats my chance of getting a Jack on the turn?

    Youneedtojustfigureoutthenumberofoutsanddivideitbythe

    numberof cards in thedeck.Thereare2moreJacks.Theres 47

    morecardssinceyouveseenfivealready.Theanswer is2/47,or

    .0426,closeto4.3%.

    Lesson 2: No luck on the turn, how about the river card?

    Still2Jacks left,butone lesscard in thedeckbringingthegrand

    total to46.Whats2/46?Thats .0434,which isalsoclose to4.3%.

    Yourchancesdidntchangemuch.

    Lesson3: ForgetjustgettingjustoneJack!Iwantthemboth!What

    aremychances?

    Sincewere trying tofigureout thechancesofgettingoneon the

    turnAND the river,andnotgettingoneonEITHER the turnor

    river, we dont have to reverse our thinking.Just multiply theprobabilityofeacheventhappening.Chancesofgetting thatfirst

    Jack on the turnwas .0426, remember? The chance of getting a

    secondJackon the riverwouldbe 1/46,because therellonlybe

    oneJackleftinthedeck.Thatsabout.0217,or2.2%.

    Togettheanswer,multiplythem..0426X.0217isabout.0009!

    Thatsaroundonetenthofapercent. Iwouldntbankonthat

    one.

    Lesson4:Hey,whatweremychancesofgettingapairofJacks

    anyway?

    To figure that out, think of it as getting dealt one card, then

    another.Whatareyourchancesof thesecondcardmatching the

    fi t ? Th ill b 3 d l ft lik th h Th

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    itllbeJacks?Well,thereare13differentcards.So,.059/13isabout

    .0045,alittlelessthanhalfapercent.

    Lesson 5:Whatweremy chances of getting aJack on the flop?

    Nowyoudohaveto thinkinreverse asinthepreviousexample.

    Figureout thechancesofNOTgettingaJackoneachsuccessive

    cardflip.Firstcardyouhavea48/50chance(48nonJackcardsleft,

    50cardsleftinthedeck),secondcardis47/49,thirdcardis46/48.

    Thosecomeoutto.96,.959,and.958.Multiplythemandget.882,

    oran88.2%chanceofNOTgettinganyJacksontheflop.Invertit

    to figure outwhat your chances really are and you get .118 or

    11.8%.ThiswillbeyourchancetogetoneortwoJacks.

    Example#2 Thestraightdraw

    THEPOCKET

    You startwithaJackofSpades and aTenofSpades.Youget a

    rainbowflopwithaQueenofSpades,aThreeofDiamonds,anda

    NineofClubs.Youvegotastraightdraw.

    THEFLOP

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    Lesson 1: What aremy chances of hitting it on the next card?

    Sameasbefore,butwithdifferentouts.AKingoranEightwill

    completeyourhand.There ispresumably fourofeach left in the

    deck.Youvegot8outs.Thechanceofgettingoneofthemonthe

    turn is 8 over 47,because theres 47 cards left in thedeck.That

    comesouttoabout.170,oraround17%.

    Lesson 2: Ididntget iton the turn!Whataremy chancesnow?

    Therearestill8cardsleftinthedeckthatllhelpyou,but46cards

    leftinthedeck.Thats8over46.Itchangesto.174.Itsimprovedto

    awhopping17.4%!

    Lesson3:Ishouldofthoughtaboutmytotalchancesfirst,Imsuch

    anidiot.WhataremychancesofgettingthatcardontheturnOR

    theriver?

    Onceagainwellhave tocalculate thechancesofaKingorEight

    NOTappearing,sowecandoitlikethelastproblem(inthiscase,

    {39/47}X{38/46}).Or,sincewevealreadyfiguredoutourchances

    in the previous two lessons,we canjust invert theprobabilities

    andmultiplythem.Youhada.170chanceontheturn,anda.174

    ontheriver.Byinverting,Imeansubtractingthemfromone.Now

    weve

    got

    .830

    and

    .826!

    Multiply

    and

    get

    .686!

    That

    sour

    chance

    of

    NOT hitting our card at all. So invert it again and get .314, or

    31.4%.

    Example#3 Toptwopair

    THEPOCKET

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    THEFLOP

    YougetdealtaKingofDiamondsandaNineofHearts.Theflopis

    looking pretty good for youwith a King of Spades, aNine of

    Clubs,andaFourofClubs.Toptwopair!

    Lesson 1: What are my chances of getting a full house on the

    turn?

    To get a full house, you need anotherKing orNine topopup.

    Thereistwoofeachleftinthedeck.Soyouvegot4outs.Afterthe

    floptheresalways47cardsunaccountedfor.4/47isaround.085or

    an8.5%chanceofyougettingtheFullHouse.

    Lesson 2: What are my chances of getting a full house on the

    river?

    Ifitdidnthappenontheturn,yourchancesusuallydontchangeall toomuch,but lets check.Youve stillgot 4outsandnow46

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    unseencards left.4/46 isabout .087oraroundan8.7%chanceof

    hittingitontheriver.A.2%difference.

    Lesson3:Howaboutthechancesofgettingtheboatontheturn

    ORtheriver?

    Like theprevious examples, to figureyour chanceof something

    happeningonmultipleevents,youneedtocalculatethechanceof

    itNOThappening first.On the turn itwonthappen43/47times.

    Ontheriveritwonthappen42/46times.43/47is.915,and42/46is

    .913. Multiply them and get .835, or 83.5% chance of it not

    happening.Invertthatandyougeta16.5%ofgettingatleastafull

    housebytheshowdown.

    Lesson4:Whatdoyoumeanby atleast aFullHouse?

    Sincewe figured the chances toNOTgetdealt a fullhouse, thechancesarebuiltiniftheturnandriveraretwoKings,twoNines,

    oraKingandaNine.IfyouaredealttwocardsbothofeitherKing

    orNine,itllbefourofakindandnotaKingandNine33%ofthe

    time.Thinkof itasbeingdealtonecardthentheother.Whatare

    thechancesof the firstcardmatching thesecond?Whether itsa

    KingorNine, therewillbeonlyoneunaccountedfor,but twoof

    theother.

    That

    s1/3,

    or

    33%.

    Lesson5:Thenwhataremychancesofgettingfourofakind?

    Thisone requires a littlemore thought. Itdoesntmatterwhich

    cardwerehopingfor.Weneedtofirstgetafullhouseontheturn.

    According to lesson#1, thechanceof thathappening is .085.The

    chanceofgettingthesamecardwegotontheturnis1/46.Theres

    onlyoneout,andtheusual46unseencards.1/46isaround.022,or

    2 2% Multiply the t o probabilities ( 022 X 085) and get 002 or

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    onefifthofapercent. ItwillbeKingshalfof the timeandNines

    theotherhalf

    Is thismaking any sense? If you reallywant tobe amaster of

    calculatingodds,youneedtoseethesecalculationsinaction,over

    and over. Like anything else, practice makes perfect. In online

    games especially with very few if any tells (shown cards),

    statistical knowledge becomes the main factor when choosing

    whethertobet,call,orfold.

    Ifyoudohaveahandthatyouknowcantloseyouhavethenut.

    Betlikecrazy.

    While there isa lotmore toTexasHoldempoker than this this

    should open your eyes tomore things about thegame ofpoker

    thanjustthecardsandtheirstatistics.

    Yes YouDOneedtoknowyourgeneralchancesofpullingwhat

    typesofhands but ifyou learn to studyyouropponents, they

    will tellyou theirhandsandyoullbeable tobeat themwithout

    evenknowingyours.

    RETURNONINVESTMENT(ROI)

    When the stakes required to play a game of Texas Holdem

    increase, there is not a proportional increase in the average

    winnings ormoney flowbecausemostplayers, especially at the

    startofplay,playtighterathigherstakes.

    Hereshowthatworks.

    Higherstakescauseplayerstobemorecautious.Potsdonotgrow

    ti t l th t k d bli d i Y t

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    Max Bet Pot Size

    $ 2 Max 28 - 37$ 4 Max 25 - 35$ 6 Max 20 - 22$ 10 Max 10 - 28$ 20 Max 6 - 7$ 50 Max 12$ 60 Max 7.6$ 100 Max 6.11$ 200 Max 5.5

    Most major online casinos release data on hands played (for a

    price)ona regularbasis.A recentstudy (June2004) fromoneof

    thelargestonlinecasinos,basedonseveralmillionactualhandsof

    Pokerplayed,revealedthatthereturnoninvestmentvariesquitea

    bitbasedonthemaximumbet.

    Inthe

    $2

    games,

    the

    value

    of

    the

    winning

    pot

    varied

    from

    28

    to

    37

    timestheBigBlind(BB)themostyouwouldhavetoinvesttosee

    theflop(shortofraises).Theaveragepotswereinthe$60range.

    With the right cards, you could expect a return of 3000% on a

    winninghand.

    Asyoucanseeinthechartabove,thisratiofallsastheBlindsgo

    up. In the $200 game, with pots averaging $6001200, the ratio

    averages5.5:1.Sure,greateroverallwinnings butmuchgreater

    riskbasedontheinvestmentyouhavetomaketoseetheflop.

    Also notice the volatility or variance of this ratio.On the high

    stakes tables, play is very tight and often passive, so the ratio

    remainsverynarrowpotsarepredictably56timestheBigBlind.

    At thesmallerstakestables,there isconsiderablymorevolatility,

    indicativeofa lotof looserplayersandmoreaggressiveplayingstyles.

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    The$1/$2tablesaretheloosestwithpotsrangingfrom2837times

    theBigBlind.

    AreLowStakeTablesFaster?

    Notnecessarily.TexasHoldem is thekingof fastplay. Several

    $1000pluspotswereplayed in less thanaminuteandrangedas

    longas6minutesthesamerangeforthesmallstaketables.Over

    all,theaveragelengthofanonlinePokergametodayisjustover

    oneminuteor5060handsperhour.

    Inhigherstakesgames,onethingisquiteclear.Thereareahigher

    percentageoftighterandaggressiveplayersatthesetablesthanat

    thesmallstakegames.Thatmeanstherearemoresharksatthebig

    tablesandamuchbetterchance thatyouwillbeoneof the fish.

    The smart thing to do here is to say away from these kinds of

    tables.

    Given the fact that the returnon investment is lowerat thehigh

    stake games, that the average level of play is much more

    aggressiveand thatamuch largerstake isrequired,there isvery

    littleopportunitytobeaconsistentwinnerontableswith$50and

    upblinds.

    Alloftherecentresearchpointsto$5/$10Limittables

    asidealcombinationofriskandreward.

    InsiderTip

    FACT!Whentheaverageloosegamblerloses,heorshekeepson

    playinginanattempttorecovertheloss.Thisisirrationaland

    unplannedplayandcanbeveryexpensive.

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    Ontheotherhand,whenmostinnategamblerswin,theyforgetall

    about their lossesandconclude incorrectly that theyhave finally

    learnedhow towin orthat their luckhasfinallychanged.They

    express what is an irrational optimism at this point a totally

    unfoundedandundeservedoptimismthatkeepstheminthegame

    untiltheyrevertbacktoalosingstreak.

    Sharksexploitthisirrationalplayingstyleingamblerstogenerate

    acontinuousincome.

    OUTSODDSCHART

    OutsHolding

    HandDrawing To 2 to come 1 to come

    21 98 % 83%

    20 98 % 77%

    15openstraightflush draw

    straight, flush,straight flush

    85% 48%

    14 96% 44%

    13 92% 39%

    12gutshotstraightflush draw

    straight, flush,straight flush

    82% 35%

    11 71% 31%

    10 54% 28%

    9 four flush flush 54% 24%

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    draw

    7 39% 18%

    6 32% 15%

    5 26% 12$

    4gutshotstraight

    straight 20% 9%

    3 14% 7%

    2 pocket pair 3 of a kind 9% 4%

    1 3 of a kind 4 of a kind 4% 2%

    POCKETCARDODDS

    HoleCardsDealt Dealt Percent Expected Percent

    SuitedStarters 680,351 23.56% 679,596 23.53%

    ConnectedStarters 454,220 15.73% 453,064 15.69%

    SuitedConnected

    Starters114,304 3.96% 113,266 3.92%

    PairedStarters

    AADealt 13,010 0.45%

    KKDealt 13,182 0.46%

    QQDealt 13,122 0.45%

    JJDealt 13,069 0.45%

    TTDealt 12,886 0.45%

    99Dealt 13,092 0.45%

    88Dealt 13,046 0.45%

    77 D lt 13 111 0 45%

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    66Dealt 13,130 0.45%

    55Dealt 13,173 0.46%

    44Dealt 13,015 0.45%

    33Dealt 13,075 0.45%

    22Dealt 13,076 0.45%

    AllPairedStarters 169,987 5.89% 169,899 5.88%

    AKSuitedStarters 8,717 0.30% 8,713 0.30%

    AKOffsuitStarters 26,051 0.90% 26,138 0.90%

    AllAKStarters 34,768 1.20% 34,851 1.21%

    THERULEOFFOURTWO

    Theruleoffourtwoisaneasierwaytofiguretheoddsforany

    situationwhereyouknowyourouts.Itisnotcompletelyaccurate

    but itwillgiveyouaquick ballpark figureofyourchances for

    makingahand.

    Hereishowitworks.

    With twocards tocomeaftertheflopyoumultiplyyournumber

    ofoutsbyfour.Withonecardtocomeaftertheturn,youmultiply

    yournumberofoutsbytwo.

    Thiswillgiveyouaquickfiguretoworkwith.

    If you have a fourcard flush after the flop youhavenine outs.

    Withtwocardstocome,youmultiplytheninebyfourandyouget

    36percentchanceofmakingtheflush.

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    The chart shows the true odds at 35 percent.With one card to

    come you multiply nineby two and get 18 percent. The chart

    showsthatthetruefigureis19.6.Itisnotcompletelyaccuratebut

    itisprettyclose,anditisaneasycalculationtodoinyourhead

    Howtocalculatehandodds(thelongerway):

    Onceyou knowhow to correctly count thenumber ofoutsyou

    haveonahand,youcanusethattocalculatewhatpercentofthe

    time you will hit your hand by the river. Probability can be

    calculated easily for a single event, like the flippingof the river

    cardfromtheturn.Thiswouldsimplybe:TotalOuts/Remaining

    Cards.Fortwocardshowever,likefromthefloptotheriver,itsa

    bitmorecomplicated.Thisiscalculatedbyfiguringtheprobability

    ofyourcardsnothittingtwiceinarow.Thiscanbecalculatedas

    shownbelow:

    FloptoRiver%=1 [((47 Outs)/47)*((46 Outs)/46)]

    TurntoRiver%=(47 Outs)/46

    Thenumber47representstheremainingcardsleftinthedeckafter

    theflop(52totalcards,minus2inourhandand3ontheflop=47

    remaining cards).Even though theremightnot technicallybe47

    cardsremaining,

    we

    do

    calculations

    assuming

    we

    are

    the

    only

    players in the game. To illustrate,here is a two overcarddraw,

    whichhas3outs foreachovercard,givinga totalof6outs fora

    toppairdraw:

    TwoOvercardDraw=1 [(47 6)/47*(46 6)/46]

    =1 [(41/47)*(40/46)]

    =1 [0.87*0.87]

    =1 0.76

    = 0 24

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    However, most of the time we want to see this in hand odds,

    whichwillbeexplainedafteryoureadaboutpotodds.Tochange

    apercenttoodds,theformulais:

    Odds=(1/Percentage) 1

    Thus,tochangethe24%drawintoanoddwecanuse,wedothe

    following:

    Odds=(1/24%TwoOvercardDraw) 1=(1/0.24) 1

    =4.17 1

    =3.17orapprox3.2

    ANALYZINGPROBABILITIESINDEPTH

    Youmaywanttoskipthissectionandgobacktoitlater.Someofthisisprettydeep.Butimportant!

    Gettingahandleon theprobabilityofbeingdealtvariouspoker

    handsisoneofthemostimportantandvaluableskillsaplayercan

    have. We present a number of different ways to do these

    calculations,fromaroughguesstimatesystemcalledthe24Rule

    totheactualcombinationmath.

    Thefirstoddscalculationthatmustbemadeistodeterminethe

    totalnumberofpossiblepokerhandsinadeck.

    Asweveshown,apokerhandconsistsof5cardsdrawn froma

    deck of 52 cards. Therefore, the number of combinations is

    COMBIN(52,5)=2,598,960.

    If you use Microsoft Excel, you can duplicate these calculations

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    combinationsforagivennumberof items. TofindtheCOMBIN

    factorinExcelgotoINSERT...FUNCTION ...MATH&TRIG.

    Foreachoftheabove NumberofCombinations wedivideby

    thisnumbertogettheprobabilityofbeingdealtanyparticular

    hand.

    For the calculations,wewill first split out the No Pair hands

    which includeRoyal Straight Flushes, Straight Flushes, Flushes,

    Straights,and Nothings.Then,wewill lookatallcombinationsthathaveatleast1pair.

    The cards in a hand without any pairs will have 5 different

    denominations selected randomly from the 13 available (2, 3,

    4...Ace).Also,eachof the5denominationswillselect1suitfrom

    the four available suits.Thus the totalnumberofnopairhands

    willequal:

    COMBIN(13, 5) * (COMBIN(4, 1))^5 = 1287 * 1024 = 1,317,888.

    AStraightFlushismadeupof5consecutivecardsinthesamesuit

    andmayhaveahighcardof5,6,7,8,9,10,Jack,Queen,King,or

    Aceforatotalof10differentranks.Eachofthesemaybeinanyof

    4

    suits.

    Thus

    there

    are

    40

    possible

    Straight

    Flushes.

    An

    Ace

    high

    Straight Flush is aRoyal Flush. Since there are only 4 different

    suits there are only 4possibleRoyal StraightFlushes.Whenwe

    subtractthe4RoyalStraightFlushesfromthetotalof40Straight

    Flusheswe are leftwith 36 other Straight Flushes that areKing

    highorless.

    AFlush consists of any 5of the 13 cards from aparticular suit.

    There are 4 possible suits. The number of possible Flushes is:

    COMBIN(13 5) * 4 = 5 148 However this includes the 40 possible

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    Straight Flushes.Whenwe subtract these out,we are leftwith:

    5,148 40=5,108possibleordinaryflushes.

    Astraightconsistsof5cardswithconsecutivedenominationsand

    mayhaveahighcardof5,6,7,8,9,10,Jack,Queen,King,orAce

    foratotalof10differentranks.Eachofthese5cardsmaybeinany

    of the4 suits.Thus thereare10 *4^5= 10,240differentpossible

    straights. However, this total includes the 40 possible Straight

    Flushes.Thuswesubtract40,whichleavesuswith10,200possible

    ordinarystraights.

    Finally,wecometothe nothing handswhicharebasicallyallthe

    left over garbage. This is simply the total number of No Pair

    handsminusall thegoodstuff.Thisgivesus:1,317,888 4 36

    5,108 10,200=1,302,540 nothing hands.

    Howabouttheoddsofgetting1pairorbetter?

    A handwithjust 1 pair has 4 different denominations selected

    randomly from the 13 available denominations. 3 of these

    denominationswill select 1 card randomly from the 4 available

    suits.The4thdenominationwillselect2cardsfromtheavailable4

    suits. Finally, the pair can be any one of the four available

    denominations. Thus the calculation is: COMBIN(13, 4) *

    (COMBIN(4,

    1))^3

    *

    COMBIN(

    4,

    2)

    *

    4

    =1,098,240

    possible

    hands

    thathavejustonepair.