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Practical Poker Math

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3. Odds in Texas Hold’em<br />

♦ The likelihood that his hand will improve<br />

♦ Some idea of what his opponents are holding.<br />

Simple observations will give the astute player a reasonable<br />

idea of the likely actions of opponents in certain situations.<br />

The poker artiste will use this information plus his advanced<br />

gamesmanship to execute strategies that will give him a<br />

much higher expectation.<br />

The best poker decisions are those based on the best strategy<br />

and the best strategy is based on the best information.<br />

Game theory teaches that strategic thought is mostly about<br />

the anticipation of the actions and reactions of your opponents.<br />

Basic odds and probabilities tell a player much about his own<br />

hand and its likelihood of success. Those same odds apply<br />

individually and collectively to all other players at the table.<br />

It is around the margins of strong hands where a game is<br />

optimized. The degree to which a player is able to successfully<br />

model an opponent’s likely strength and — from past<br />

observations — is able to predict the opponent’s likely<br />

response is equal to the degree to which he will be able to get<br />

optimal return from almost any hand he chooses to play.<br />

The key to enhancing the return from any player’s game is<br />

learning to weigh all available information to profitably play<br />

an otherwise marginal hand.<br />

Adapted for poker, various translations of the writings of<br />

Sun Tzu have loosely stated that, if in every situation of battle<br />

a player<br />

46

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