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Texas Holdem is a game where you should pick and choose your battles wisely. Playing every hand will of course lead to winning more pots. But in between those wins will be
more losses as well. Playing the right hands, at the right time will leave you with more chips in your stack.
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That leads us to seat position. Timing is everything in some cases, and in poker it certainly counts for something. While some cards are playable under some circumstances,
they aren't under others. Seat position is a key part of the circumstances that dictate whether you should play a hand, or wait for a better opportunity to present itself.
Professional poker players can sense what their opponents have in their hands. When just beginning you may not be able to read your opponents with that level of skill, but if you
can take a moment to read the cards on the board, you can tell with certainty what they do not have. Reading the board lets you know what hands are possible, and from there
you can use other information from your opponents to gauge what hands are probable. And act accordingly.
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Poker Strategy
- Aggressive/passive play & tight/loose play
Aggressive play refers to betting and raising. Passive play refers to checking and calling. Unless passive play is being used deceptively as mentioned above,
aggressive play is generally considered stronger than passive play because of the bluff value of bets and raises and because it offers more opportunities for your
opponents to make mistakes.
See the article on aggressive play for more details.
Hand reading and tells
Hand reading is the process of making educated guesses about the possible cards an opponent may hold based on the sequence of actions in the pot. The
term 'hand reading' is actually a misnomer due to the fact that a professional poker player does not attempt to put a player on an exact hand. Rather he attempts
to narrow the possibilities down to a range of hands which makes sense based on the past actions of his opponent. A tell is a detectable change in an opponent's
behavior or demeanor that gives clues about his hand. Educated guesses about an opponent's cards can help a player avoid mistakes in his own play, induce
mistakes by his opponent(s), or influence the player to take actions that he would normally not take under the circumstances. For example, a tell might suggest
an opponent has missed a draw, so a player seeing it may decide a bluff would be more effective than usual.
Table image and opponent profiling
By observing the tendencies and patterns of your opponents, one can make more educated guesses about other's potential holdings. For example, if a player has
been playing extremely tightly (playing very few hands), when she finally does enter a pot, one may surmise that she has stronger than average cards. One's table
image is the perception of your opponents of one's own pattern of play. One can leverage one's table image by playing out of character and thereby inducing one's
opponents to misjudge one's hand and make a mistake.
Equity
A player's equity in a pot is his expected share of the pot, expressed either as a percentage (probability of winning) or expected value (amount of pot * probability
of winning). Negative equity, or loss in equity, occurs when contributing to a pot with a probability of winning less than 1 / (number of opponents matching the contribution).
Example
Alice contributes $12 to a pot and is matched by two other opponents. Alice's $12 contribution "bought" the chance to win $36. If Alice's probability of winning
is 50%, her equity in the $36 pot is $18 (a gain in equity because her $12 is now "worth" $18). If her probability of winning is only 10%, Alice loses equity because
her $12 is now only "worth" $3.60.
If there is already money in the pot, the pot odds associated with a particular play may indicate a positive expected value even though it may have negative equity.
Texas hold'em example
Alice holds J?7?. Bob holds K?6?. After the flop, the board is 5?6?8?. If both hands are played to a showdown, Alice has a 45% chance to win, Bob has a 53%
chance to win and there is a 2% chance to split the pot. The pot currently has $51. Alice goes all-in for $45 and is certain that Bob will call. Alice's implied pot odds
for the all-in bet are 32%. Bob's simple pot odds for the call are also 32%. Since both have a probability of winning greater than 32%, both plays (the raise and the call)
have a positive expectation. However, since Bob has more equity in the pot than Alice (53% vs. 45%), Alice would have been better off playing the pot as cheaply as
possible. When Alice raised, she gave up the difference in equity on the money she contributed to the pot.
Often players will find themselves in need of a card to complete their hand. These hands are known as drawing hands. When on a drawing hand, it's nice to know what the odds
of your ship actually coming in are. Armed with those odds, you're better able to play your hand correctly. So, see the drawing odds page for a chart that will tell you the odds of
completing your gutshot straight, flush, or three-of-a-kind. Information is power at the table, and this information is part of the basic skills that winning poker players possess.
Related to drawing odds is the concept of pot odds. When you know you're waiting on a card to complete your hand, and there's a bet before you, you'd like to know if calling
that bet is a good idea or a bad idea. If you're familiar with the concept of pot-odds, you'd be informed enough to make that decision. When you're ready to have that kind of
power at the tables, read the primer on pot odds.
Poker Play
- Shotgun ("Roll 'em out" and "Skinny Minnie")
This is a draw game that plays much like a stud game. First five cards are dealt to each player, followed by a betting round, and a draw. Now, in place of a
second round and showdown, there is a rollout phase, which begins with the players arranging their five cards in any chosen order, placing them face down in
front of themselves. Each player's top card is now revealed, followed by a betting round. Then each player reveals his next card, followed by a betting round.
Then a third card is revealed, followed by a betting round, a fourth card, a betting round, and finally a showdown. Players may not change the order of their
cards at any time during the rollout phase.
This game can be played for high or low, but plays best at high-low split, in which case it is called "Skinny Minnie".
Spit in the ocean
This might be classified as a hybrid draw/Community card game, but it is placed here because it plays mostly as a draw game. On the initial deal, each player is
dealt four cards, and then a single card is dealt to the center of the table face up. This card plays as if it were the fifth card in every player's hand. It is also a
wild card, and every other card of its rank is also wild. The first betting round is then played, followed by a draw in which each player replaces cards from his
hand with an equal number, so that each player still has only four cards in hand. A final betting round is followed by a showdown. High-hand values are used.
(An alternative is to deal similar to a regular draw poker hand, during which any player can shout "Spit!", whereupon the next card is dealt face up, after which
dealing resumes until all players have five cards. In some variants, only the "spit" card can be used as a wild card.)
Here's a sample deal: Alice deals four cards to each player, then deals the next card face up to the center of the table. it is the 6 of diamonds, and this makes
all 6-spot cards wild. Bob opens for $1, Carol raises to $2, David folds, Alice and Bob call. Bob discards two cards, and receives two replacements. Carol draws
one card, and Alice draws one. Bob checks, Carol bets $2, Alice raises to $4, Bob folds, Carol reraises to $6, and Alice calls. The cards in Carol's hand are
Q-Q-6-4. Because the 6 in her hand and the one on the board are wild, her hand is four queens. Alice's hand contains K-J-9-7, all spades. With the shared
wild card, this gives her a flush, which loses to Carol's four queens.
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