Statistically speaking even if you are a very good poker player, with a huge bankroll, there is a chance that you will eventually run so bad that you will go broke. Unfortunately we can’t eliminate that probability completely but we can reduce it.
The expertise involved with calculating odds, surmising hand strength with incomplete information, negotiating with bluffers, and staying within a bankroll all offer lessons that my daughters will eventually learn to apply to other aspects of their life journeys. In this world, I think those are especially valuable lessons and applications for women to have learned.
One of the most important things to keep in mind while playing an R&A tournament is that the first hour offers a very different style of play than just about any other possible Hold ‘em table. Typically, you’ll have a fair share of opponents playing a loose/super-aggressive style (LAGs).
This article will not tell you what is wrong with your game; there are plenty of resources out there to help you with that. This article will suggest ways that you can assess how important leaks are and prioritise accordingly.
As I sift through the ITH forums, it seems there is a recurring theme, whereby beginning to intermediate players make play errors due to misunderstanding certain concepts. After a long time noticing this, I thought it was time to compile an explanation for some of the most commonly misunderstood concepts in poker.
So you’ve mastered the basics. You understand the nature of the game, starting hand qualities, the importance of position, how high and low possibilities affect your pot odds, why a dry A2 is not the second coming…etc.
Anyway, something that really stood out to me was a subject that had nothing to do with actual trading: most of these rare extremely successful traders (including the ones who had families) were completely immersed in the world of the markets. A lot of them were into currencies or foreign markets and would often be in and out of bed during the middle of the night as they glued themselves to their monitors.
An interesting, complex hand What follows is the first of what likely will be a series of pot-limit Omaha (PLO) practice-hand quizzes, similar to those found in my book, Pot-Limit Omaha Poker: The Big Play Strategy.
We all have an idea of the archetypical bad limit hold’em player or ‘fish’ as they are often called. They are very loose, very passive, chase terrible draws, don’t value bet or protect their hand enough etc.
Across different poker games, there is one thing that can be counted on: there will be players going on tilt. One often hears hold’em players complaining about losing large pots on the river (“oh man, another suckout, I can’t believe this”).
Back in the late 90’s, before he became sidetracked with writing songs about Michael Jackson, George Bush and vomit, Eminem released a catchy song entitled ‘Guilty Conscience’. It was a song about the two voices that talk to you, one ‘bad voice’ (played by Eminem) representing temptation to commit crime or do what is wrong and one ‘good voice’ (played by Dr Dre) representing logic, reason and morality.
I have spent a lot of time in these columns talking about bad beats, downswings and tilt, which are all related to luck, but sometimes it pays to take a step back and look at the more fundamental question. What exactly constitutes luck in poker?
The bluff-raise Here are two hands that I played in heads-up post-flop confrontations against my buddy "TT" in my weekly 50¢-$1 ($100 minimum/$200 maximum) pot-limit Omaha (PLO) game on the electronic tables in the poker room at Excalibur in Las Vegas.