The better the players and the smaller the pot, the more you disguise your hand when there are more cards to come. The worse the players and the larger the pot, the more you play your hand normally, without regard to giving anything away. Sometimes, though, playing your hand normally may be the best deception…
To illustrate further the cost of giving away your hand, suppose you are playing head-up razz with no ante, no forced bet, and all the time in the world. You have decided, therefore, to play super-super-tight, folding everything except A,2,3 on your first three cards. With no ante it would seem you’re a cinch to…
The Fundamental Theorem indicates that when you play in a way that lets your opponents know what you have, you may be costing yourself substantially. If opponents know exactly what you have, they will never make a mistake except on very close mathematical decisions. The more your play gives away what you have, the less…
This extreme example points up a basic poker dilemma. You want to make the most of your hands by maximizing your gains and minimizing your losses, yet what are you costing yourself when you play in such a way that your opponents should know what you have? The answer to this question is contained in…
Implied odds explain situations when your odds are better than they seem. There are other times when you must realize that your odds are not as good as they seem. These situations occur when you have a mediocre hand with little chance of improving, which you think is the best hand at the moment, yet…
Another criterion for deciding how to play a hand is the size of the pot. As the pot grows larger and larger, it becomes less and less important to disguise your hand because good players are not likely to fold any more than bad players are. Nor will good players try to bluff as much…