Showing posts with label texas hold'em. Show all posts
Showing posts with label texas hold'em. Show all posts

Sunday, March 06, 2011

Texas Hold'em And The Probabilities

A pair of aces is arguably the best hand to be...Image via WikipediaWell, learning the basics of the game Texas Hold'em is pretty easy. The tough part is getting to master it. If you want to play the game well, you need to mix the ingredients of cunning, strategy and math and come with a winner. What you will also need to do is to keep a keen eye on the many probabilities that are likely to crop up during play. From there, you will have to figure out how to deal with these probabilities should you come up against them.

What does probability mean exactly when it is used with reference to Texas Hold'em? Well it's a term that is used very much in all games of poker including Texas Hold'em. It deals with how the players involved play their odds. The elements of probability include the various odds that could happen like getting an overcard, getting a hand off the flop, or finishing a straight or flush. All these odds are the determining factors when it comes to deciding who will win the game and who will walk home with the winnings. So you need to understand quite a lot about probability so it would help you to bet, call or fold.

Let's look at the terms used when it comes to Texas Hold'em probabilities. One of the terms that you will hear quite often in the game is ‘out'. This refers to the cards which could help you to get a hand. Say you have four spades with you, you know there are nine cards out so you need some of those ‘outs' to help you make a flush or a winning hand.

Yet another term that is used often is the one ‘pot odds'. These are the odds of getting a hand which is based on the current size of the pot as well as the call that you are going to make next. So if the pot's current size is $150 and you have a $10 bet coming, you can calculate that a winning hand could make it very profitable for you.

You also have ‘bet odds' where you have to look at the odds in relation to the bets the players make and how many call against a raise. You can say you have good bet odds if you have hand odds that are 1 to 5 and you are pretty certain that the ones you are playing against will call.

Then comes the term ‘implies odds' where you have the odds depending on whether you can predict the results of the betting round or not. Now this comes after you've had quite a bit of experience.

What is the main idea in Texas Hold'em's probabilities? It all boils down basically to division. Your denominator is the cards that you haven't seen yet and the cards or outs you have with you is your numerator. You need to divide your outs by 50 before the flop but after that it tends to drop to 47 and following the turn, you'll find it goes to 46.

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Saturday, August 07, 2010

Texas Hold'em Poker Tips

When people speak of poker, there is one name that cuts above the rest of the poker classification—the Texas Hold ‘em poker. This type of poker is considered to be the most popular type being played in the casinos today, whether online or in real casinos.

Generally, Texas Hold ‘Em Poker starts with a batch of two players situated at the left of the “dealer button.” This dealer buttons refers to the round disc being passed on clockwise on each player. It signifies who will be dealer in the event that the deal was move forward from one player to another.

The betting starts on the first part of the game where the money is placed into the pot before dealing the cards. Normally, the first blind is the one that places half of the required minimum stake. The first blind refers to the player situated at the left of the dealer. The second blind, on the other hand, is the one responsible in placing the full minimum required bet.

Since the very object of the game is to win whatever is in the pot, it is best to know some rules or strategies so as to get an edge over the other players. Here’s how:

1. The table.

When a player is playing Texas hold ‘em poker, the best thing that he or she should consider is selecting the table. This is because players, regardless of their skills in playing the game, will be constrained to give their best shots if the table is too assertive, too rigid or too loose, or if it consists of players that are more skillful.

The bottom line: Even if the essence of winning the game is directly affected by the skills of the player, it is still best to play on a table that has few raisers but many callers.

The logic behind this concept is based on the fact that the more raisers there are in a table, the lesser the chances of winning the game.

2. When a player is in the early position, it is best to raise with K-K, A-K, and A-As, then, with A-Qs, Q-Q, J-J, A-K, T-T, have a call and then fold everything else.

3. For players who already have a remarkable hand starters, especially when he or she has a high pair, say JJ or even higher, it is best not to hesitate raising it before the flop.

Indeed, playing Texas hold ‘em poker requires skills also. It is not all based on gambling. This just goes to show that games like this requires both luck and skill to win the pot.

Friday, February 27, 2009

Big Changes Coming to Cripple Creek, CO Casinos

I know this is "Okie Poker", but I feel compelled to write occasionally about my second home in Colorado.

I love Cripple Creek. Old mining town of around 1000 people way up in the Rockies...Oh! They also have 20 or so casinos! The problem has always been that the maximum bet allowed on any game was $5. Thats all changing come July 2nd.

Here's the notice from Cripple Creek's Chamber website:

"With the passing of a resolution to expand gambling in the state of Colorado, Cripple Creek gaming will see some exciting changes this summer. As of July 2009, the stakes will rise in Colorado casinos from the current maximum bet limit of $5, to the new limit of $100. This is for slots, blackjack and poker as well as new games coming to Cripple Creek: craps and roulette. Cripple Creek casinos will also see extended hours, meaning more fun and more chances to win for you and your friends! Anticipation is mounting as craps and roulette will be added to the Cripple Creek, Colorado gaming lineup."

Looks like I may be spending a lot more time in the Mountains this Summer...At least I hope so!

If you are in need of a job and think the casino industry may be for you, the casinos in Cripple Creek are expected to add 500+ positions before July 2nd. Many are taking applications now. A dealer makes an average of $40K/year there now. With the increased stakes coming, the tips should even be better and drive that number on up!

BTW, the Firelake Grand Casino in Shawnee, OK is having its 2009 Firelake Grand Poker Championship on March 7th beginning at noon. $50K guaranteed money for this event. Not sure of the buy-in...I seem to have misplaced my invite, and their website doesn't give the amount...sorry.