Best Strategy To Make Money Online Poker?
4. Find the Tables With the Fish on Them – Another thing that you are going to have to do in order to make it to NL25 and start banking $1000 a month is table select. At the very lowest stakes you can usually still get away with playing on any table you want.
There are still bad players everywhere. But once you start to climb up the limits there is simply no guarantee that there will be even a single fish at your tables. This is a big problem if having a high winrate and huge profits in this game is your goal! Me hunting for the fish: And this is because the really bad players who play way too many hands, call way too much and chase every draw are where the real money is at in this game.
If you aren’t making a consistent effort to play in games with them then you can expect a very small winrate at best. So I would suggest that you play on the easier poker sites for starters and then also learn how to spot the fish, tag them and attract them to your tables.
Once you get seated at a table with the rec players then you also want to be isolating the crap out of them and basically trying to get their money faster than all of the other regs. Call it predatory, call it whatever you want. I call it winning poker. By the way, if you are curious how I multi-table online poker and still keep track of where all the fish are, yes I do use several poker software aids and tools to help me.
For the complete list of all poker software tools I use as a pro, click here.
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Contents
Is online poker a good way to make money?
Many People Have Decided To Take Up Poker While Being Quarantined. –
There are many ways to make money on the web, and online poker is definitely a legitimate one to do it. In fact, there are thousands of professionals who play online poker on a daily basis and earn good money from it. Therefore, to answer the topic question right away — yes, you can make a living by playing poker online.
However, that’s not the right question to ask at all, so let me make a little correction right away. The right question should be this – How hard is it to make a living by playing poker on the web? Now, this is definitely something that you’re not going to like. It’s pretty difficult and requires a lot of practice, dedication, and sacrifice.
Poker player Adrian Sterne from Top10PokerSites.net published a well detailed article on making a living by playing poker online, Feel free to check that out if you want to learn more. Online Poker Is a Job One thing you should understand is that making a living by playing online poker means accepting that this type of activity is a job at which you have to perform exceptionally well to earn your wage.
Therefore, if you consider it just an interesting pastime, you might earn some and lose some, but you’ll not be able to make a living out of it. As soon as you understand that you have to devote your time, energy, and money to it, you are on the right track to become a professional poker player, Understand How to Earn from Online Poker Earning from playing poker means understanding the way money flows within this game,
The first thing you should take into account is that the majority of people play it for fun. Some might be good at it, but the reality is that many of them are fish. Aiming for fish is something that all professionals do, as that is almost a certain profit.
Players who understand how to play against new and inexperienced players have a firm ground from which they can take off and play poker. However, playing against fish is definitely not your main source of income. Once you have enough capital to invest in the game, you would be able to see higher returns.
Simply put, playing low-stake tournaments and cash games is not as lucrative as playing high-stake ones. If you’re good enough to beat opponents at high stakes, you can earn more money. One of the important things you immediately need to understand if you want to earn money from online poker is that variance shouldn’t affect you.
Professional poker players know that they might lose their entire stack and are ready to make such a loss on a short-term basis. In other words, they accept that the element of luck is an inevitable factor in playing poker and that they will have periods when they lose more than they win. It’s Often Very Risky No matter how good they get, every professional player on the web who earns a lot of money this way is ready to risk.
When you think of it, the risk is an inevitable part of starting any business. In fact, it’s a part of life and, as such, it’s present in the game of poker. Imagine starting a business that offers products for professional athletes. You started it in December 2019 and your business began booming right away, as top-rated athletes have been buying your products.
- Then, all of a sudden, a pandemic kicks in, pulling all sports events to a halt.
- You’re out of money, but that was the risk you were willing to take.
- The same goes for poker.
- Although pandemic might not really affect it, there are many ways that can make you hit the rail before you even start.
- The good news is that the more you practice and the more you study, the element of luck would have a lesser impact on your game.
You’ll Have a Lot of Studying to Do Being a successful online poker player is something that requires you to watch hundreds of videos and read dozens of books about poker. Poker is a simple game on the surface, and it’s definitely entertaining to play from time to time.
However, there’s a lot of theoretical knowledge that you have to acquire before you can call yourself a professional player. Many great poker players, such as The Godfather of Poker himself, have “written useful books “:https://www.goodreads.com/book/show/16572.Doyle_Brunson_s_Super_Systemthat are often regarded as obligatory reads for all players who want to go pro.
What the majority of these books deal with is mathematics, and the sooner you accept that fact, the better you’ll become. Playing poker on the web as a professional means dealing with a lot of numbers, stats, odds, and whatnot. It means being able to calculate the best possible outcome of your hand and make the mathematically most accurate decision.
It takes time to master that. I’m not talking about days or weeks — I’m talking about years and years of experience. You don’t really have to be a talented mathematician to do it, you just need to understand these processes right away and apply them to your online poker sessions. Final Thoughts: Professional Poker Is NOT for Everybody Like it or not — we’re born with certain talents.
Although I agree that the talent is 2% and hard work 98%, I also understand that those without that 2% of talent would never be able to perform at 100%. Sadly, earning in online poker to make a living requires being at the top 10% or at least the top 20% players on the platform you’re using.
To do that, you need to have at least some talent. But what exactly is a poker talent? It’s the skill of being able to read people and their actions. It’s sometimes more like intuition than a skill. This can be learned with time, but some people would require much more time to master it than others. Sadly, some players never master it.
Therefore, the best approach to playing online poker is to accept the fact that it’s not for everybody. It requires a specific combination of talent and hard work that only some people have.
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Can I make a living playing online poker?
You Can Play Poker Professionally Because it is a Game of Skill – I think the first thing that needs to be addressed is that poker is indeed a game of skill. And therefore this means that if you play better than most of your opponents, then you will win money in the end.
- A lot of people though, probably at least 3/4 of the population, to this day still think that poker is all gambling and luck.
- After all it is often played in a casino with other pure gambling games right? Surely nobody could make $5000+ a month from poker for example as I talk about in a new video! This ignorance really is a good thing overall for us who take this game serious.
I never argue with somebody who tries to convince me that poker is all luck or that it is rigged somehow. It is my policy to just agree with them and try to quickly change the subject. Why? Because if they knew the truth, that poker actually is a skill game in the long run, then they might seek the real answer as to why they are not winning.
That is, they would realize that it is their poor understanding of the game that is holding them back. The bottom line with poker is that yes there is indeed a lot of gambling and luck involved in the short run. However, in the long run (which is the only thing that matters for professionals) the small skill edges that we push each day add up to big profits.
And this is why, yes, you can make a living playing poker. Most people have trouble beating even the very lowest limits though. This is why I wrote an entire free poker “cheat sheet” which shows you how to start turning a profit at the lower limits, step by step, even if you are a total beginner.
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Is online poker luck or skill?
Conclusion: Is Poker Based on Luck or Skill? – The answer to whether poker is gambling or based on skill is that it’s a little of both. In order to win a hand, a player will need some element of luck, but they’ll also need to know exactly what to do with the cards and the situation in front of them.
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Is there an algorithm for poker?
Algorithm – The algorithm is a numerical approach to quantify the strength of a poker hand where its result expresses the strength of a particular hand in percentile (i.e. ranging from 0 to 1), compared to all other possible hands. The underlying assumption is that an Effective Hand Strength (EHS) is composed of the current Hand Strength (HS) and its potential to improve or deteriorate (PPOT and NPOT): E H S = H S × ( 1 − N P O T ) + ( 1 − H S ) × P P O T where:
E H S is the Effective Hand Strength H S is the current Hand Strength (i.e. not taking into account potential to improve or deteriorate, depending on upcoming table cards N P O T is the Negative POTential (i.e. the probability that our current hand, if the strongest, deteriorates and becomes a losing hand) P P O T is the Positive POTential (i.e. the probability that our current hand, if losing, improves and becomes the winning hand)
Can you become a millionaire from poker?
NOTABLE MENTIONS – Obviously, professional poker is a lucrative business. It’s estimated that there are hundreds of players who have earned over a million dollars playing this card game. For that reason, we couldn’t discuss all of them. Instead, we picked the 10 poker millionaires whose stories of success caught our eye.
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Do online poker sites report to IRS?
Do online casinos report winnings to the IRS? – It depends on if you’re playing at licensed US online casinos or offshore casinos AND what games you’re playing. Offshore casinos that operate outside of US jurisdiction will not report winnings to the IRS,
If you’re playing at a state-licensed online casino (ie. in a state with legal online gambling sites like Nevada, New Jersey, Pennsylvania, or Indiana) then the casino will report any video poker or slot machine win over $1,200, which you should receive form W2-G for reporting. Casinos don’t report winnings on table games unless you win $600 or more and 300x your wager,
NOTE: You’re still legally responsible for declaring your winnings to IRS whether or not they get reported.
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Is online poker worth it in 2022?
People ask me all the time is poker still profitable in 2022 or not. Or they want to know if you can still make a lot of money playing online poker in particular. So here is the short answer. Yes, poker is still very profitable in 2022 but you have to be willing to work hard to get it.
- It is not as easy to make big money in poker anymore.
- You have to study a lot more and have a professional approach to the game.
- But some people are pessimistic about poker these days with the tighter games and governments constantly meddling in the industry, just to name a few reasons.
- So in this article I am going to discuss why poker is still profitable these days and how to ensure that you are maximizing your success at the tables.
There is no question that the games today are simply harder to beat than they were 5 or 10 years ago. Many fish have either gone broke or quit. And many people have simply learned to play better. Now if you play at the lower stakes in particular there are obviously still clear exceptions to this that you can find all the time.
- For instance, really bad players like this can often be found at NL2 and NL5 online: But all and all, this is a natural progression, less fish overall.
- There are very few people who are just going to keep giving away their money forever.
- This is why it is so important to constantly keep bringing new players into the game and to make sure that poker stays in the public eye.
But a lot of people forget that the time of the “poker boom” (which was roughly between 2003 when Chris Moneymaker won the WSOP Main Event and 2011 when Black Friday hit the US poker market) was really a unique time in poker history. In fact, it was a total outlier really.
- Unless we somehow hit it big in Asia one day (China in particular) we are just unlikely to ever see something like this happen again.
- Let me explain for those of you who are newer to the game.
- During the poker boom everybody and their dog was playing poker.
- It was all over the TV every night and every celebrity was wanting to be seen playing the game.
In short, it was the “cool” thing to do in popular culture. This meant tons of loose action and tons of bad players. I remember railbirding (watching) some high stakes games at the time and there were people playing online at limits like $5/$10 and $10/$20 with thousands of dollars on the table who barely knew the rules of the game! You really can’t even compare the games of today to this time period (especially early on in the poker boom, ’03, ’04, ’05, ’06) because this was a unique moment in poker history that is very unlikely to ever happen again. Poker is a game that has a large and loyal following whether it is played in casinos, home games or online. However the game of poker still doesn’t have that true breakthrough appeal to the much broader public like movies or video games do for instance.
And there is nothing wrong with this at all! Most people will likely always view poker as a game of luck similar to other casino games. And quite frankly, I am totally fine with that. I don’t want them to educate themselves and understand that it is a game of skill that can be beat. That there are certain fundamentally sound poker strategies that I use to beat them again and again.
Because that would reduce my edge. I want them to keep thinking that I just get lucky all the time. So they can keep deluding themselves into thinking that they will finally beat me when their luck turns around. But this large level of ignorance will also prevent the game of poker from ever gaining that huge level of mass appeal again (and huge amounts of dead money with it).
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What is the average salary of a poker player?
As of Nov 22, 2022, the average annual pay for a Poker Player in the United States is $42,591 a year. Just in case you need a simple salary calculator, that works out to be approximately $20.48 an hour. This is the equivalent of $819/week or $3,549/month.
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Why is online poker so hard?
One question I am often asked is, why are online poker games so hard to beat? This often comes from players who have some experience within a live poker setting, or in some cases a player completely new to the game who have been crushed at the online tables.
So to cut straight to the point: Online poker is hard for several reasons. First, the average online player is more experienced since hands can be played more quickly. Multitabling and HUDs also give seasoned online players a distinct advantage. Finally, the popularity of training sites and poker solvers allow dedicated players to improve quickly.
The culmination of these factors (and some others) have led to online poker games being considerably harder in comparison to “brick and mortar” games of the same stake. Let’s take a look in more detail why this is and discuss some key takeaways that you can use to combat it,
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Is online poker full of bots?
Will Poker Bots Kill Online Poker As We Know It? – The biggest concern many players have is whether these bots will completely ruin the game. It’s hard to make predictions for what might happen in the future, of course, but it’s safe to say we’re not there just yet.
- Most poker bots are focused on cash game tables.
- MTT players don’t have to deal with many bots, and the reason for this may be the fact that the AI behind them isn’t geared to handle the ever-changing nature of poker tournaments.
- Cash game players have it harder.
- It’s no secret that there are bots hanging around, even at very respectable stakes at certain poker rooms.
But the operators are mainly taking a stance against these poker robots, and many of them will likely do their best to protect actual players. Finally, the game of poker may change and will almost certainly change in the future. Whether it’ll include bots or not is anyone’s guess, but even if poker rooms allow it, I have very little doubt in my mind that human players will come up with very effective strategies to beat the new competition.
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What is the easiest gambling game to win?
Many people will be visiting a casino this summer, whether on a trip to Vegas, on a cruise ship, or just at a local casino during a “staycation.” But before you go, you may want to know which games give you the best chance of winning. So we went behind the scene at two casinos, and spoke with the game managers, to find out which games give you an edge.
- Table Games Your Best Bet Jay Bean, a Caesar’s floor manager, agreed to sit down with us and talk about the games with the best odds.
- He said many people don’t realize that table games have much better odds than slots.
- They are intimidated by thoughts of card sharks taking their money, with images of an intense Texas Hold ‘Em tournament in their minds, and so they stick with the safe games: the slots.
But they are doing themselves a disservice, he said. Bean’s advice? After you’ve spent some time on the slot machines, move on to the Blackjack table, and start by just observing.1. Blackjack Blackjack has the best odds of winning, with a house edge of just 1 percent in most casinos, Bean said.
- Plus, you are playing against only the dealer, not hooded poker champions.
- Blackjack is one of our easiest games to play,” Bean said.
- You’re just looking for a number that beats the dealer’s number without going over 21.” If you’re a novice, Bean said to sit down during a less busy time, such as the afternoon, and the dealer will walk you through the game.
But the same is not true with poker: You should practice the game with your friends first, at home, Bean said, until you are comfortable with it. Bean said novices are best off passing on the poker tables, where yes, the competition can be tough. You can find out more information about the game of blackjack at the following link: http://wizardofodds.com/games/blackjack/ 2.
- Craps So from the Blackjack table, he suggests moving on to the dice game Craps, the game with the second best odds, also nearly 50-50.
- The Craps table can be a bit intimidating for the beginner with all the boxes on the table, Bean admitted.
- But it’s really not tough, and it has one of your best chances of winning.
In the end, all you are really doing is betting on a dice roll. For more information on craps, visit: http://wizardofodds.com/games/craps/ 3. Roulette Bean said your next stop should be the Roulette wheel. It’s simple, and pays fairly well. “So you bet on your favorite numbers,” Bean said.
“The dealer spins, and if your number comes in you win.” If you stick to betting on just Reds or Blacks, you have nearly a 50-50 chance of walking away a winner. If it lands on red when you choose red, you will double your bet, Bean explained. While it may seem you have an even chance of winning by simply choosing a color, there is one catch that gives the house its edge: the extra green 0 and 00 position on the wheel.
It’s on all American roulette wheels. Or, if you feel lucky, play just one number. It’s hard to win, but if you do it pays out 36 to 1. For more information on roulette, visit: http://wizardofodds.com/games/roulette/ Worst Odds Your worst odds? The casinos, understandably, did not want to talk about games with poor odds.
- So we turned to Forbes Magazine, which in a report about Best Bets at the Casino, said two popular games – the Wheel of Fortune and the ever-popular slot machines – have the lowest odds of winning, with a house edge of 10 percent or more.
- The Experts Agree Professor of Analytics Michael Magazine has crunched the numbers, and agreed that blackjack is the best way to go home with money in your pockets.
He said if you take a little time to learn the game, you have the best odds of winning. “You are somewhere between 44 percent to 48 percent in every single hand of winning,” he said, noting that no other casino game gives you odds that good. But Magazine cautioned that he’s not promoting gambling, because he said even games with the best odds still favor the house.
“Play it long enough and you will lose. In the long term the house doesn’t lose,” Magazine said. If You Love The Slots. Finally, if you really enjoy playing the slots, here is some good information to know, from state casino reports we examined. With slots, the more money you put in per bet, the higher your chance of winning.
If you put the max in a penny machine, which is usually around 50 cents, you have much better odds than if you put in 2 cents. In addition, penny slots have the lowest odds, with $1 and $5 slots paying much better. Always gamble responsibly, and don’t waste your money.
- You can learn more about specific odds of slots machines in each state that has casino gambling by visiting the American Casino Guide.
- Don’t Waste Your Money is a registered trademark of the EW Scripps Co.
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All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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What personality types are good at poker?
Sure, you’ve got to know when to hold ’em, and know when to fold ’em. But more importantly, you need to have the emotional temperament to follow through on that strategy, even when the stakes are high and the pressure is on. That’s the conclusion of a newly published study that examines the personality types of successful poker players.
- Confirming the cliché, it finds such people tend to be cool, calm, and difficult to rattle.
- Writing in the journal Cyberpsychology, Behavior and Social Networking, a research team led by the University of Helsinki’s Michael Laakasuo suggests such steadiness is a prerequisite for developing expertise in the popular card game.
“Higher emotional stability predisposes poker players to continue playing poker,” it writes, “whereby they are likely to accumulate poker experience and skill.” Laakasuo and his colleagues conducted an online survey, in English, featuring 478 poker players.
Participants filled out a detailed survey designed to assess their personality using the HEXACO model, which measures honesty/humility, emotionality, extroversion, agreeableness, conscientiousness, and openness to experience. The “emotionality” trait, which is labeled “neuroticism” in another well-known personality index, reflects one’s “tendency to experience fear, anxiety, and need of assurance.” The researchers note that it, and indeed all personality traits, “are known to be, to a large extent, stable over time,” meaning that it is unlikely they would be impacted by accumulating poker experience.
Participants were also asked how long they have been player poker; the level of stakes they typically play at; the approximate number of hands they have played in their lifetimes; and whether they consider themselves a professional poker player. The results suggest veteran players are, by nature, cool customers.
A predisposition for emotional stability — that is, lower scores on emotionality — is linked to high levels of poker experience,” the researchers report. “The effect of emotional stability was most strongly associated with the levels of stakes at which the participant typically played poker,” Laakasuo and his colleagues add.
“This indicates that experienced poker players may have an innate disposition to tolerate mental and emotional pressure, and keep calm while making decisions involving large sums of money.” While this held true across the board, the researchers also found personality differences between people who play online, as opposed sitting around a table with fellow players.
- In-person players tended to score high on extroversion and openness to experience.
- Extroverts seek excitement, activity, and novel experiences,” the researchers note, “and these are probably more often found in live poker rather than in online poker.” So, if the idea of playing poker for a career sounds tantalizing to you, you need to take an honest look at yourself.
If you can analyze the pros and cons of such a move from a detached perspective, and be pretty sure you won’t get caught up in the thrills and agony of wins and losses, you might want to cut a deck of cards and get to work. Pacific Standard grapples with the nation’s biggest issues by illuminating why we do what we do.
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What is the most important skill in poker?
1. Handling Your Finances (Bankroll Management) – There are very few skills in poker as vital as the ability to manage your money. “Your bankroll is your single most important asset, so you need to learn how to handle it properly to succeed in the long run.” Poor bankroll management, playing higher than you can afford, or taking too many shots, are the fastest ways to lose all your money.
- This is a lesson many poker players have to learn on their own before realizing there’s simply no way around it.
- On the bright side, learning to handle your bankroll in poker will help you prepare for other life situations.
- You will learn key aspects of planning and distributing the funds in the most efficient way, and even taking necessary risks.
Whether in business or on a personal level, this is a very good skill to have.
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What is the 7 2 rule in poker?
The 7-2 Game A few nights ago I had the chance to play at friend’s home game where we implemented the 7-2 game. For those of your not familiar, this is where anytime a player wins with 7-2, every other player at the table has to give them some amount of money.
In our case, we were playing a deep-stacked 1/2 game with six players and when someone won with 7-2, they would get $10 (5 BB) from every other player.25 BB total is not a bad score, especially when you’re able to take it down preflop. Some people hate the game, others love it, and I certainly fall into the later category.
Anything to drum up action and encourage bluffing is a win in my book. At first, it no one was getting dealt 7-2. After at least four orbits the hand was not shown down and everyone said they hadn’t seen the had once. This makes sense though- of the 1326 possible starting hand combos in NLHE, 7-2 comprises only 16 of them, for a little over 1% of total possible hands.
- After about an hour though of no one getting the hand, seemingly all at once, a very high proportion were getting dealt, and this continued for the rest of the night.
- There were at least 4x as many 7-2 combos dealt as what one would expect based on the odds (I certainly wasn’t complaining about that!).
While the game is normally fun, somewhat loose, with a good amount of aggression, the 7-2 game transformed the table to have a preflop aggression frequency higher than the toughest online 6max games. It seemed like there was a 3bet every few hands with no one ever really choosing to back down with 7-2.
On top of the standard 3 and 4bet bluffs with 7-2, there were also a few notable pots where 7-2 triple barreled on a scary board and got called down on all three streets and where a player opted to flat with 7-2 preflop and make a series of bluffs postflop to take it down. For the home game that this was played in, I think the 7-2 game makes a lot of sense.
Everyone could afford to play these stakes so although the hyped up aggression left some people frustrated by the end of the night, it wasn’t going to make anyone not come back. The only scenario in which I could see the 7-2 game not making sense for one’s home game is if the stakes being played are meaningful to some, and the thought of losing 3 buyins or more in a friendly game is something that would discourage players from coming back (although in this type of case, my recommendation would be to lower the stakes, up the stack depth, and bring on the preflop aggression!).
What I’m excited to further explore is not the merits of whether or not to play the 7-2 game sometimes – unless you hate action and people bluffing more, it’s worth at least trying for an hour or two. I want to look at how this game effects decisions so if you find yourself in a game where people are playing the 7-2 game, you know how to adjust.
I think it’s fairly obvious for those that have played the 7-2 game, most people over-adjust and bluff too much when holding 7-2. I’m going to look at how the reward of winning a hand wth 7-2 impacts one’s EV and your frequencies. For the sake of simplicity, let’s work with the assumption that the reward for winning with 7-2 is 30 BB – 5 BB at a 7 handed home game.
Let’s say you normally open 3 BB to win 1.5 BB. Now with the 7-2 game in play the reward is 31.5 BB. So it’s clear even in early position 7-2 is a slam-dunk open. Now what about a 3bet? Let’s say you standardly 3bet to 10 BB over a 3 BB open. So now instead of risking 10 BB to win 4.5 BB, you’re risking 10 to win 34.5 BB.
At first glance it might seem like we should be 3betting 100% of the time with 7-2. I think in most games this is probably correct, but if you’re in a really loose game where people rarely fold to 3bets, or up against a particularly sticky player, it might be best to just fold against those type of players.
- Because once called preflop, 7-2 has such poor equity against a calling range so without much fold equity postflop, best to just fold pre.
- Note in these games I would have a tiny or non-existent 3bet bluffing range without the 7-2 game.
- Most players will have a frequency that they fold to 3bets, even in a loose, aggressive, and deep stacked game, so most of the time you should replace some of your 3bet bluffs with 7-2.
The key when adjusting for this game is not completely throw off your relative frequencies – if you normally 3bet in late position with 9s+ AQ+ for value and A2s-A5s as a bluff, don’t just add 7-2 to your 3betting range unless these players won’t adjust to the 7-2 game – almost no one doesn’t adjust when playing the 7-2 game, if anything, most players in my experience over-adjust and always “put you on 7-2”.
- So against most players you should also add at least the proportionate amount of value combos to keep your ratio of value hands to bluffs the same, if not more value hands due to overadjustment.
- Now on to 4bet bluffing.
- If a standard 4bet to a 10 BB 3bet is 35 BB, you’re normally risking 35 BB to win 11.5 BB, and with the 7-2 game to win 41.5 BB.
As you can see, after more preflop betting occurs, you’re starting to risk more to win relatively less. The same logic for when to 3bet bluff with 7-2 applies to 4betting, although because of the price we’re laying ourselves, we need to be a little more conservative than with 3betting.
- Against a relatively balanced player, we should be 4bet bluffing all combos of 7-2.
- But against someone who only 3bets very good hands or is looking to gamble with a merged value range, best to fold all combos of 7-2 preflop.
- I imagine there aren’t many opponents where it is correct to do anything but fold all combos or 4bet all combos.
It would take a particular opponent who is somewhat balanced in their 3betting range but a little too loose to warrant a mixed strategy with 7-2. Postflop Barreling frequencies with 7-2 postflop are largely dependent on the size of the pot after the preflop betting.
In a similar fashion to preflop, it’s likely correct to cbet 100% in a single-raised pot heads up- if our cbet sizing is on average 1/2 pot, then one is risking 3.25 BB to win 37.5 BB. With multiple players in the pot, it still is likely correct to cbet 100% with 7-2 because of the price. Even if the 3.25 BB cbet only gets through 15% of the time in a 4way pot, it’s still a really profitable cbet because you’re risking 3.25 BB to win 43.5 BB (only needs to work about 7.5% of the time to break even).
If you’re at a table where it’s so loose that cbets don’t go through on the flop when playing the 7-2 game because everyone puts you on it, don’t ever bluff postflop with 7-2 and please let me know if you ever need another player for the game. In a 3bet pot, the same logic largely applies.
- In a heads up pot when cbetting the flop you’re risking 10 BB to win 51.5 BB, so you only need the bet to work 18% of the time as opposed to the normal 33% without the 7-2 bonus.
- Note how much more of an attractive proposition cbetting is in a single-raised versus heads up pot: cbets only need to work 8.5% of the time versus 18% of the time.
And for 4bet pots this then changes to 26.5% which while is better than the 33% that it would need to work without the 7-2 game, won’t change your range as significantly. In a 4bet pot you should probably give up with some combos of 7-2 and replace your worst normal bluffing candidates with 7-2.
- Don’t be the guy that makes the hero triple barrel – on each street the extra 30 BB becomes much less of a factor.
- If it’s a 3bet pot heads up pot with 200 BB stacks to start the hand, and you get to the river with 100 BB in the pot and 150 BB behind.
- You decide to overbet the river and risk 150 BB to win 100 + 30 BB because goddamnit if you’ll lose with 7-2.
Normally you would need this bluff to work 60%. But with the extra 30 BB, this bet still needs to work 53.5% of the time, not that significant of a difference. If you decide it makes sense to have an overbetting range on a particular river card, it will likely make sense to include at least a combo or two of 7-2, just not all 12 combos.
- Equity when called + fold equity – bet when called and miss + bounty equity = 0
- Equity is when called = x
- % Opponent folds = y
- 7-2 Bounty = z
- So let’s say I bet 50 into 100 on a flop in a heads up pot.
- So the base equation before knowing our exact hands, equities, and bounty is the following knowing the size of the bet:
- x(1-y)*200 + y*100 – 50*(1-x)(1-y) + z = 0
- The flop is Kc6h9c.
- Which is a better c-bet bluffing candidate, 72o or J10c?
Let’s approximate that 7-2 has about 5% equity against a continuing range and J10c has 35% equity. Your opponent will fold 33%, 8% more than optimal. In the home game I played, the 7-2 bounty was 50.7-2,05(1-.33)*200 +,33*100 – 50*(1-.05)(1-.33) + 50 = 57.875 J10c,35(1-.33)*200 +,33*100 – 50*(1-.35)(1-.33) + 0 = 58.125
- So in this case, we’d expect to profit about $7 (answer of equation – the bet) with our best bluffing candidate as well as 72o betting half pot in a medium sized pot for the stake, without much theoretical difference between the two hands.
- Now let’s look at what happens if this flop was bet called and a blank turn comes out.
- Kc6h9c4s
Which is a better bluffing candidate now for betting 140 into 200? Let’s adjust the base equation for this bet and pot size, how often your opponent folds (33%, a few % less than optimally against this bet size), and updated equities – 0% for 7-2 and 18% for J10c.
X(1-y)*480 + y*200 – 140*(1-x)(1-y) + z = 0 7-2 0(1-.33)*480 +,33*200 – 140*(1-0)(1-.33) + 50 = 117 J10c,18(1-.33)*480 +,33*200 – 140*(1-.18)(1-.33) + 0 = 201.796 As you can see, as the pot gets bigger, 7-2 becomes significantly worse (EV of -$23 in this example) to bluff compared to good draws (one would expect to profit $61 semibluffing J10c here).
Now a note on river play – if you do get to the river with 7-2, then it becomes your best bluff because none of your bluffs have equity but you get the extra bounty with 7-2. This doesn’t necessarily mean that you should always bluff with all combos of 7-2 you get to the river with, but you should defintely bluff all 7-2 combos before adding other bluffs.
Conclusion The big takeaway is to still be quite aggressive with 7-2 – the extra 30 BB in most circumstances makes it an excellent bluffing candidate. This becomes less and less true on later streets, and in bloated pots. Just remember to not get too crazy and have it make your ratio of value bets to bluffs go out of whack – with the addition of 7-2 to a bluffing range, remember to value bet extra thinly.
: The 7-2 Game
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Can you mathematically win poker?
When is Poker Mathematics used? – Poker players mainly use poker mathematics to decide if it is worth betting and chasing a card to make a winning hand. There are two elements that help them make this decision:
The number of Outs they have ( the number of cards that can make a winning hand) and what is the probability that an Out will be dealt.Calculating the Pot Odds to determine the amount they will win for betting on the Out that will be dealt.
The players compare the chances of them hitting one of the Outs against the Pot Odds and determine whether it will be a good bet. For instance, if you have A♣️ and 8♣️ in the big blind and everyone folds but the small blind calls an extra 5c making the total pot before the Flop equal 20c (2 players x 10c).
- Then in the flop, K♣️9♦️4♣️ are dealt, and the opponent bets 10c.
- This is where a player would use poker math to decide whether to call or not.
- Another example of how essential poker math is for poker players is using poker math to analyse the strength of an opponent’s hand.
- When you are judging the strength of the cards in your opponent’s hand, there may be a possibility that the opponent is bluffing and you have a stronger hand.
Assuming that the opponent bluffs one time for every three times they have the best hand on the river, it means;
There is a 3 in 4 chance that the opponent has a better hand in that round.There is a 3 in 4 chance that you don’t have the stronger hand.There is a 1 in 4 chance that your hand is better than the opponent’s hand.Your chance of winning the hand is 3 odds to 1 or 3:1. This means that you will win 1 time for every 3 times that you lose.
Do pro poker players use math?
Game Theory Optimal Play: The Sales Promise Of The Century – Most players have gotten very good using a simple mix of mathematical concepts and an understanding of how the game is played. In no limit hold ’em, all you need is basic probability and gambling math, such as pot odds, implied odds, expected value, and combinatorics.
Anything beyond that is mostly for poker researchers who develop tools that players use to improve. Here’s the thing though. If you’re developing software for poker, you’re not a poker player. You’re a poker entrepreneur. Nothing wrong with that. Just don’t confuse the two. The holy grail of poker is game theory optimal play.
The promise of game theory optimal poker is one of the greatest sales pitches ever to have been written. There is a notorious company that sells poker training software that’s trying to take advantage of this lurid idea right now. Game theory optimal strategy makes sure you never lose, and any adjustment that your opponent makes (that is not game theory optimal play) makes sure that he loses.
You’re not always making the most you could ever make, but you’re never losing. And people hate losing. Unfortunately, the game is too complex for us to memorize the exact strategy for all of it. There are 1,326 combinations of starting hands. There are 117,600 possible flops.5,527,000 possible boards come the turn.
When you’re on the river, you’re looking at 254,251,200 possible combinations of boards. Good luck remembering even one percent of what to do on those boards with one of your 1,326 combinations.
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Is GTO the best poker strategy?
GTO Poker Meaning: What Exactly Is GTO? – The term GTO poker strategy comes from “game theory optimal,” the full name of the strategy that was invented over the last decade. Game theory optimal, or GTO poker strategy, is a strategy that seeks complete balance in the game, making your plays 100% unexploitable by your opponents.
- This style of poker is the exact opposite of the exploitative poker strategy, which most players from the older generations employ.
- While exploitative strategy seeks to find holes in other players’ games and use them, GTO poker strategy seeks perfect balance, protecting the player from anyone else exploiting them and gradually creating profit based on imperfect plays by other players.
When playing GTO, you will be bluffing and value betting on every street of every hand with various holdings, and you will not care about what your opponent does. While this may sound like a bad way to play poker at first, GTO is a proven strategy that works like a charm, especially in heads-up poker,
In fact, computers have only been able to really solve heads-up play thus far, but many of the concepts of GTO play can be employed in 6-max games and ring games as well. So, let’s start talking about how the GTO poker strategy actually works and all the game theory concepts you need to understand before you start playing.
Read Fedor Holz’ thoughts on GTO Poker Solvers.
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