Poker
Poker is a family of comparing card games in which players wager over which hand is best according to that specific game’s rules in ways similar to these rankings. The goal of the game is to win as much money as possible. Unlike other games like Blackjack where players work together and try to beat the “house” (i.e. the casino), Poker is a game in which players try to beat each other.
There are many versions of Poker, but No Limit Texas Hold’Em (NLTHE) is the most popular one used in all the major tournaments. You can familiarize yourself with the rules here.
Resources
Poker Equity: This is a measure of a hand’s strength (probability of winning plus one-half the probability of tying) against a uniform random draw of private cards for the opponent, assuming a uniform random rollout of the remaining public (i.e., shared) cards. This is known as the Expected Hand Strength (EHS).
- Source: https://www.reddit.com/r/poker/comments/okk5qn/i_ran_1m_runouts_of_random_play_to_get_a_sense_of/
Personal Lessons From Paying Poker
- Don’t go all-in in cash-games, unless you are really confident. It also depends on how much money you have left
- In Poker, you can lose it in all just one round. Even though you played perfectly the whole night, if you make one wrong decision, where you opponent makes you go all-in and you call and you bust, even though you 20x your starting size, you end up with nothing.
It’s a little bit like life right, where one bad decision and you end up dead.
The lesson is, don’t get Greedy. If your opponent goes all-in, don’t think they are bluffing initially.
Best card combination I’m starting to get this game now. Essentially, the strategy is to play like you are trying to make a move with the opposite hand.
So say you have a good hand, you want to play like you are bluffing, so you make really big bets.
- You gotta act like you have the opposite, so when you hit something, you just check.
And if you have a shitty hand, don’t do stupid stuff. Don’t bluff like a dumbass.
For example, on the river you get 9 10 J Q. If you try to to bluff by making a super big bet, people will call. If you actually had a king, you would want people to call, so you make a smaller bet.
I lose a lot of money when i bluff, especially when I bluff with lots of money
Hands you make
The two people sitting to the right of the dealer need to place bets. First guy is small Second guy is big
Options:
- Fold
- Check
- Add more money
Poker Hand Rankings
Royal flush is the best.
Online Poker
I have been playing online poker and doing really when I just check to underrepresent my hand.
Strategies
The Poker for Dummies book has been pretty helpful.