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September 8th, 2008

How To Go Broke By Overvaluing Suited Hands

I’m going to let you in on a little secret, that from what I have seen in small and mid sized poker games, not too many players know about this. The majority of players in small and mid-size poker games think that suited cards are a good reason to play a hand.

I hate to break this secret but they are not. If you are looking for a recipe to go broke then you are on the right target. However, if you aspire to be a winning player, you are way off base.

Let me give you some simple mathematics and let’s see if you are smart enough to figure it out.

FACT: The probability of flopping a flush with two suited cards is 16 to 1.

QUESTION: What is the maximum you can expect to ever make on a poker hand?

The maximum odds you will ever get on any hand is 8 to 1 (assuming you are playing at a nine-handed table).

If the maximum you can get is 8 to 1, why would anyone ever play a hand solely on the reason “because they were suited”? Yet you see the donks doing it everyday. Don’t be the donk.

Each time you get a suited hand, ask yourself , “Would I play this hand if it wasn’t suited?” If your answer is NO, then fold the hand.

August 29th, 2008

Poker Bluffing

One of the best poker strategies you must develop is the ability to bluff effectively. Bluffing allows you to win pots you would not have otherwise. Although poker bluffing is a must-have skill in poker, it is often overused by most players and ends up costing them more chips than they win.

Poker bluffing is a useful poker tool in a No-Limit game, where a player’s entire stack is at risk each hand. In a Limit game, players know they can only lose so much if they call to the river, so your bluff will be called more often, making it less effective. Avoid poker bluffing in Limit games, especially low stakes Limit games where your opponents are only risking a dollar to call your bluff.

Also, don’t bluff when there are three or more players. Two players might fold their hands, but often at least one will call or even raise. It is much easier to convince one person to fold than it is to convince three or four to fold.

Finally, if you’ve already been caught bluffing at poker, avoid bluffing again in the same game. Your opponents are likely to call you again.

August 19th, 2008

3 Things You Must Avoid In Poker To Save Your Bankroll

A professional poker player knows the importance of managing and maintaining their poker playing bankroll. Without a bankroll, the game is over. No more action, you are finished. Don’t let this happen to you. Let me show you three things you can watch for in your play right now. Avoid them and your bankroll will grow faster.

#1: Becoming Too Emotional At The Table

Bad beats will happen. Losing sessions will happen. You must learn to live with these things or you will drive yourself crazy. Not to mention what it does to your bankroll. Letting your emotions get the best of you and your play is a quick way to burn up your bankroll.

#2: Not Considering Opponents’ Hands

Poker is a game of relative strength. It does not matter how strong your hand is. It only matters how strong your hand is in relation to other people’s holdings. Many players just focus on the strength of their own hand and do not consider what other people might be holding. Breaking this thought process is of paramount importance to becoming a winning poker player.

#3: Not Following Etiquette

This is a mistake that most beginners make but I still see pros do it too. When you want to make a raise, never say, “I call your bet and raise..” Your first statement is considered your action. By saying, “I call …”, it means you just want to call. If you intend to raise, say “raise”. In No-Limit it would be wise to also state the amount of the raise. Stating the amount of the raise also protects you from the “one motion rule” which many casinos have adopted. Don’t let a little slip of the tongue cost you missed bets.

By recognizing if you are guilty of any of the above, and if you take the steps I outlined, your bankroll will grow faster, and you’ll be able to sleep better at night.

August 2nd, 2008

Rules Of Poker Games – Manage Your Bankroll

Sometimes the gambling and money aspect of poker gets to people too much. They become greedy and play in games they cannot afford or games where the competition is simply too stiff.

If you have money to burn, that’s OK. However, if you want to play cards the rest of your life, you need to understand this one basic rules of poker games like Texas Hold ’Em. You must play at a level that is appropriate to your skill level and the size of your bankroll.

Ask every major poker player (who started with nothing) how they were able to win millions, and the majority will tell you they had to grind it out at small games and work their way up to the big games.

If you start playing at the top, the professional poker players will bust you and you’ll be working your way down the levels instead of up. Believe me when I say that there are not many people in a geographical area who play $200-$400 limit. They all sit at the same table every day trying to bash each other’s brains out. Seat 1 wins today, Seat 2 wins tomorrow. The professional poker players sit there and wait for a person like you who sits down, all shy, timid and scared to lose. This is a recipe for your disaster.

Another basic rules of poker games like Texas Hold ‘Em calls for you to play aggressively in order to be a winner. If you play above your bankroll you can’t do that correctly. You will be afraid to lose the money you have in front of you and it will affect your play.

Secondly, poker is a game of ups and downs. If your bankroll isn’t large enough to weather a long losing streak, you’ll be on the rail and out of action for good. We can’t have that.

What level is appropriate for your bankroll? First figure out how much money you can set aside for poker playing only. You can not touch this money for anything else. Now the normal rule of thumb for figuring what level to start as is:

Your Bankroll / 200 = The maximum bet limit of the table.

For example, if you can scrape together $2,000 the formula would be:

2000 / 200 = 10. $10 is the maximum bet of the game you should play in.

Your bankroll dictates you should start at a $5-10 max limit game. If you can feel comfortable playing that limit I suggest you start there. If not, start in a smaller game until you feel comfortable betting $5 and $10.

Now suppose you have mastered the level you have been playing at. It may now be time to move up. Let’s say the next level up is $9-$18. You now need $18 * 200 = $3600 bankroll before you move to that level. After playing at your current level, if your bankroll is now $3.600, you can safely move up.

You just repeat over and over until you are at the Big Game.