Showing posts with label Texas Hold’em. Show all posts
Showing posts with label Texas Hold’em. Show all posts

October 09, 2008

ABC of Poker Odds

There are 3 types of odds in poker strategy: hand odds, pot odds, and implied odds.

Hand odds
Hand odds can be defined, in the simplest poker terms, as the odds of making your hand in the remaining cards to come. A simple way to calculate it is to count the number of outs that you have to make your hand. Outs are the number of cards left in the deck that will make or improve the cards that you already have. To work out the odds just subtract the number of outs from the unseen cards to come and the answer will tell you what the odds are for that particular situation.

poker oddsFor example, in Texas Hold'em, where you hold 2 cards to a flush and the flop brings 2 more, so that you have 4 cards to the flush. There are 9 more cards that can complete your hand and there are 47 unseen cards left. If you subtract 9 from 47 this gives you 38. So your odds are 38 to nine, or roughly 4to 1, against making your hand.

You will be most concerned with the odds when you are drawing to a straight or a flush. The easiest way to remember this is that a straight is a 5 to1 underdog when only 1 card is needed to make it, if it is an open ended straight. A flush is a 4 to 1 underdog when only 1 card is needed to complete it.

Pot Odds
You must also compare the odds of making desired poker hand with the odds the pot is offering (pot odds) for the bet that has to be made. If the odds of making your hand are xx/1, is the pot offering those or better odds? If it is then this is a good bet, if not then it is a bad bet.

Another consideration to think about is the chances that you will be beaten even if you make the hand you are drawing for. If this is a possibility then the pot odds have to be greater than the odds of just making your hand to make up for those times you are beaten.

Implied Odds
An important consideration, that you need to look at, is the implied odds that the poker table is giving you. Implied odds are the additional bets that you will collect on later betting rounds if you make your hand. This is mostly a judgment call based on what you know about your competition and how they have been playing the hand so far.

With practice and experience you will be able to estimate what the odds of winning the most from each of your hands are.

Good Luck on your poker journey!

October 07, 2008

Gravity Counts

poker twist
On the 6th floor of an apartment building, John Doe falls off the window. It's no doubt an accident. What surprises is that during the less-than-one-second dive, the man's mind goes through a ton of things with high pressures to the extent of collapse. Besides, due to some unknown reasons, his five senses becomes blurred and hallucination sets in. Holly Molly, it's going on in slow-motion!

John passes through 5th floor: the window is open; a couple of people are playing Texas Hold'em. He sees himself among them. He is sporting his usual-casual move: stacking the poker chips on and off. Entertainment is fun.

The 4th floor: it's a kitchen scene. Seems nobody is not at home while the water tap is kept on. John can't hear the sizzling sound for it's being overlapped by the Beethoven Symphony IV from the living room next-door. Coffee cups are in the sink, toaster is still warm. A nice morning to be remembered.

It appears to be a casino lobby on the 3rd floor. John stands beside the Roulette wheel, his eyes rolling tightly with the little gold ball. It's a 2-grand bet. The roaring voices around evaporates into thin air the moment it stops at slot 26, his pregnant wife's birthday.

2nd floor turns to be his gaming specialty store. He dedicates a whole shelf for equipments like Mahjong tiles and poker cards. Another one is piled up with books on poker strategy and poker rules. On the wall, posters of celebrity poker players and their autographs are everywhere.

Ground floor is the bank VIP room. The bank manager brandishes a roll of documents in front of John's face, looking helpless. The Financial newspaper on the table typed in capital letters: 1929 in 21th Century.

Pong …

The clues are not clear. The detective before the monitor rethinks his judgment.