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.
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.
Hand examples of applying odds and 'douts' when making drawing decisions A column I wrote a couple of months ago, titled "Outs vs Douts," generated a lot of discussion, as I received more e-mail than usual about the topic.
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).
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.
There has been a lot of talk within the poker community about the future of the World Series of Poker. The central debate has focused on whether or not the main event is too big in terms of the number of entrants.
Turbos have taken off lately due to their reputation as a quick and exciting way to play tournament poker. In this two-part article, I’ll explain how to adapt your game as you move through the blind levels of a Turbo SNG.
At college I played on the football team. Now this isn’t exactly a bragging right in England where football is not nearly as big as it is over in the US, but nevertheless I loved the game and was fairly good at it.
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.
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.
One of the great things I love about the World Series of Poker main event is the big stacks you get to play in relation to the blinds. When starting out with $10,000 in chips, you can find spots to make plays that would be difficult to make in other types of events in which you start out with a small amount of chips.
Some decisions, both game and non-game, are relatively easy to make while others are more difficult. Everyone makes bad decisions from time to time, but the key to being successful is to make as few as possible.
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?
When and when not to do so Editor's note: This column is an excerpt from the, expanded edition of Internet Texas Hold'em: Winning Strategies for Full-Ring and Short-Handed Games. It includes a new chapter on playing multiway pots, as well as two new chapters for shorthanded games.
Most people know that all of the great Hold'em players play their opponents and not their own hands. Most players believe this is just a matter of sensing weakness in their opponent and then exploiting this weakness by stealing a pot.
Pot-limit Omaha players are getting shortchanged - A few issues ago in my column on the bankroll schedule for pot-limit Omaha, I mentioned that while a typical buy-in for no-limit hold'em might be 100 big blinds, in order to be reasonably deep in pot-limit Omaha, you should buy in for more like 150 times the big blind.
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.
It is not a comfortable thought, but every poker player might one day have to deal with the possibility of losing their entire bankroll. There are a number of ways that this might happen, but essentially it will boil down to one of the following: