basic poker strategy
DESCRIPTION
A guide to Poker strategy for beginner and intermediate playersTRANSCRIPT
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Basic Poker Strategy
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Player’s Poker Style
Tight aggressive is the most desirable style. However a player should be able to adjust his style
to the demands of the table.
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Poker Player Styles
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Player Style Needs Flexibility
• When becoming short stacked a player will need to loosen up
• Playing against very aggressive players, tighten up
• When playing very tight players, loosen up
• On the money bubble, providing chips allow, loosen up
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The majority of poker players lose money
Players who win consistently
Players who lose consistently
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Being a winner in poker is not about winning pots
But making correct decisions
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You don’t go broke folding a hand
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Be a wolf
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Not a sheep
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Wolf Vs Sheep Characteristics
Sheep
1. Plays too many hands
2. Passive when in the hand.
3. Plays hands regardless of position.
4. Calls often
Wolf
1. Plays fewer hands but committed
2. Aggressive when in the hand
3. Plays hands according to position.
4. Bets or raises often
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Calling is passive not aggressive poker
If you are making money just calling ..then you are not calling
enough
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Position
4 Types
• Late position (best position)
• Blinds ( good position pre flop but terrible position after the flop)
• Middle position (Exercise caution)
• Early Position ( Worst position)
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Position
Late position
Middle position
Early position
Blinds
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Position Matters
The later the position, the more information you have on which to
base your decisions
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In Poker as in any form of investment, the better
informed you are, the better your decision making
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Guide to Position and starting hands
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Pot odds and outs
How to calculate outs and the pot odds required
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Outs
Outs are, the number of cards left in the deck, that could improve you hand to the winning hand
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Example 1
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Example 2
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Example 3
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Pot Odds
Once you have calculated your outs, you now have to determine whether you are getting the correct financial
return for the risk
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Calculating your odds
The rule of Two and Four
(an easy cheat that skips the complicated math)
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Rule of Four(after the Flop)
After the flop with two cards to come… Outs x 4 = percentage chance
ExampleAfter the flop you have a flush draw and an
open ended straight drawOuts = 9 cards for the flush and eight cards
for the straight17 x 4 = 68%
You are better than 2 to 1 favourite to win
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Rule of two(after the turn)
After the turn with one card to come… Outs x 2 = percentage chance
ExampleAfter the turn you still have a flush
draw and an open ended straight draw, but now your chances are halved
Outs = 9 cards for the flush and eight cards for the straight
17 x 2 = 34%Now you only have a 2 to 1 shot of
winning
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Calculating pot odds
The higher the risk, the better the return should be for the increased
exposure to risk
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Calculating the risk vs returnIf you have 4 outs after the flop (rule of four)
4 x 4 =16%Your chances of winning is 1 in 6 or 5 -1
If you are going to call a bet you would need a pot that offers you a rate of return commensurate with the risk.
Pot size = 50 chips + bet of 10 chipsTotal pot = 60
You would be getting the correct return to take the risk10 chips to possibly win 60 (6-1 you need 5-1)
However if the bet in the above example was twenty chips you would not be priced in to call
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Money not lost buys as much… as money won
Do not chase straights and draws unless you are getting the correct
pot odds. Or put another way. Chasing is risky so always ensure the reward is equal or better than
the risk
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To Bluff or not to Bluff
• Good players do not bluff as often as you think
• Bluff only if the pot is worth it• Bluff only when you are in position• Mostly bluff only if you have outs (semi
Bluff)• Do not bluff into a multi player pot• Limit your bluffs to one or two a session
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Rookie Mistakes
• Playing to many hands• Bluffing to often• Not knowing or not using pot odds• Getting “married” to a hand• Overvaluing Marginally good hands• Playing out of position• Overplaying an Ace with a low kicker (ace
rag)
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Expect to play many, many hands before you become a
great player
"How long does it take to learn poker, Dad?"
"All your life, son."~Michael Pertwee