Practical Poker Math

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$Poker Math That Matters$

1. Introduction to Game Theory in <strong>Poker</strong> primary property of their game that differentiates them from the rest of the field is an uncanny ability to discern an opponent’s strength and likely action or reaction. Today the bulk of poker is about one game — No-Limit Texas Hold’em. In a game where you can either greatly increase or lose all your chips in a single move, knowledge of opponents and their tendencies in certain situations becomes much more important than either stack size or the power of a hand. With complete information on odds and strategy available to a growing and increasingly more able and competitive pool, the one area of opportunity open to aspiring poker kings is the study and application of Game Theory in poker. The most difficult calculation in all of poker, especially in No-Limit Texas Hold’em, is that of a player’s Total Odds of winning the pot. This calculation includes far more than the odds of making a certain hand — it includes the odds of making the hand, the likelihood that your opponent’s hand is stronger or weaker, and (most difficult of all) the probability of an opponent’s action or reaction to your action or reaction. The only hope of coming to a reasonably accurate calculation of this matrix of probabilities is via the very essence of Game Theory. You must make a detailed and almost instantaneous analysis of your opponent and his strengths, weaknesses and other propensities. 8
2. The Basic Calculations Odds & Probabilities Odds and Probabilities are simply two methods of expressing the relationship of Positives, Negatives and Total Possibilities. They represent the same basic information and each can be easily converted into the other. Odds Odds in poker are expressed as a ratio of the Negatives to the Positives: WILLNOTs : WILLs With a well-shuffled deck of cards, what are the Odds that the first card from the deck will be one of the 4 Aces? 9
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Page 7 and 8: Practical Poker Math By Pat Dittmar
Page 9 and 10: Thanks to some Friends for their la
Page 11 and 12: Table of Contents Preface . . . . .
Page 13: Odds with 2 Cards to Come . . . . .
Page 16 and 17: This is not perfect knowledge. It i
Page 18 and 19: Practical Poker Math The first aim
Page 20 and 21: 1. Introduction to Game Theory in P
Page 28 and 29: 2. The Basic Calculations Total Pos
Page 30 and 31: 2. The Basic Calculations Another w
Page 32 and 33: 2. The Basic Calculations Combinati
Page 34 and 35: 2. The Basic Calculations This can
Page 36 and 37: 2. The Basic Calculations 52 * 51 =
Page 38 and 39: 2. The Basic Calculations pot odds
Page 40 and 41: 2. The Basic Calculations Total Odd
Page 42 and 43: 2. The Basic Calculations Odds in T
Page 44 and 45: 2. The Basic Calculations number of
Page 46 and 47: 2. The Basic Calculations sible fro
Page 48 and 49: 2. The Basic Calculations Open Ende
Page 50 and 51: 2. The Basic Calculations Odds of a
Page 52 and 53: 2. The Basic Calculations After the
Page 54 and 55: 2. The Basic Calculations The odds
Page 56 and 57: 2. The Basic Calculations (48 * 47
Page 58 and 59: 2. The Basic Calculations After the
Page 60 and 61: 2. The Basic Calculations Therefore
Page 62 and 63: 2. The Basic Calculations Before th
Page 64 and 65: 3. Odds in Texas Hold’em ♦ The
Page 66 and 67: 3. Odds in Texas Hold’em the arti
Page 68 and 69: 3. Odds in Texas Hold’em In a ful
Page 70 and 71: 3. Odds in Texas Hold’em The tabl
Page 72 and 73: 3. Odds in Texas Hold’em Pocket A
Page 74 and 75: 3. Odds in Texas Hold’em WILLNOTs
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3. Odds in Texas Hold’em 54 1,326
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3. Odds in Texas Hold’em Axs Comb
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3. Odds in Texas Hold’em 2 Big Ca
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3. Odds in Texas Hold’em Among th
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3. Odds in Texas Hold’em consider
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3. Odds in Texas Hold’em Before t
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3. Odds in Texas Hold’em 1 * 100
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3. Odds in Texas Hold’em Starting
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3. Odds in Texas Hold’em the pock
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3. Odds in Texas Hold’em Odds of
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3. Odds in Texas Hold’em rank, th
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3. Odds in Texas Hold’em 39 * 55
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3. Odds in Texas Hold’em After yo
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3. Odds in Texas Hold’em Suited C
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3. Odds in Texas Hold’em Total Po
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3. Odds in Texas Hold’em 2 Big Ca
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3. Odds in Texas Hold’em with AJ
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3. Odds in Texas Hold’em 2 Unpair
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3. Odds in Texas Hold’em ♦ Like
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3. Odds in Texas Hold’em must hav
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3. Odds in Texas Hold’em Pair >>>
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3. Odds in Texas Hold’em Open Str
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3. Odds in Texas Hold’em Set >>>
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3. Odds in Texas Hold’em After th
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Page 126 and 127:
3. Odds in Texas Hold’em Open Str
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3. Odds in Texas Hold’em (10 * 9)
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3. Odds in Texas Hold’em 172 + 2
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3. Odds in Texas Hold’em Runner -
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3. Odds in Texas Hold’em 1 Pair >
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3. Odds in Texas Hold’em For each
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3. Odds in Texas Hold’em With onl
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3. Odds in Texas Hold’em 2 Unpair
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3. Odds in Texas Hold’em Thus of
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3. Odds in Texas Hold’em 2 Pair >
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3. Odds in Texas Hold’em still 9
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3. Odds in Texas Hold’em Open End
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3. Odds in Texas Hold’em 2. The g
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4. Consolidated Odds Tables Texas H
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4. Consolidated Odds Tables After t
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4. Consolidated Odds Tables After T
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4. Consolidated Odds Tables Startin
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4. Consolidated Odds Tables Hand Af
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5. Odds in Omaha Hi-Lo In a 10-hand
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Starting Hands Your first chance to
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As demonstrated in Chapter 1, The B
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The odds of exactly one pair of Ace
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A2/AK Single Suited to the Ace For
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The number of 3-card combinations t
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The probability of A23 with the Ace
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AA2X Single Suited to A For the Flu
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There are 6 2-card combinations tha
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WILLNOTs (270,629) : WILLs (96) 270
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There are only 2 2-card combination
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Probably Not Playable With the thre
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Before the Flop In both Omaha High
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The Calculations These calculations
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Low hand (2), minus the 6 cards tha
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AA23 >>> Wheel or Aces Full To flop
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From the calculations above, we kno
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Total Possibilities = 17,296 - WILL
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Odds of Flopping an Ace High Flush
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Reduce 13,936 / 3,360 : 3,360/ 3,36
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(24 * 23) = 276 (1 * 2) 276 - 36 =
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(48 * 47) * 6 = 6,768 (1 * 2) Total
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After the Flop Nut Hand or Nut Draw
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1. Whether or not there will be a p
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The Calculations With the Turn card
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21 * 100 = 46.7% 45 Wheel (A2345) D
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Total Possibilities = 45 - WILLs =
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Odds of Turning a Boat or Quads WIL
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The Calculations After the Flop and
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Low Draw with Backup Low Card in th
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164 + 6 = 170 possible 2-card combi
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Flush Draw & Low Draw >>> Flush or
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296 + 28 = 324 possible 2-card comb
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Reduce 812 / 178 : 178 / 178 4.6 :
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Runner — Runner Remember — runn
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830 / 160 : 160 / 160 5.2 : 1 Back
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For each of these 3 sets there are
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Odds of a Runner-Runner 2 Pair or S
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Before the Last Card After the Turn
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The Calculations With one card to c
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2 Pair >>> Full House Reduce 23 / 2
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Open Ended Straight Draw & Flush Dr
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The River Bet All the cards are out
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Practical Poker Math

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