Thinking like a
poker player may be a cliché but it is one that certainly hits the nail
on the head. Poker requires a way of thinking which many beginners find
difficult to comprehend.
It can be
quite easy to get off-track during a game of poker, so this section is
designed to help you eliminate distractions and learn to concentrate on
the things that you must be concentrating on in order to be a winner –
like the four key poker skills.
4 ESSENTIAL SKILLS
Frequently,
professional poker players are considered to be either ‘tight’ or
‘aggressive’. Poker sharks play few hands, but when they play, they do
so with a killer-like instinct. While these terms a good descriptions of
poker professionals, novices simply will not understand them.
To
address things in basic terms, the most important things a poker player
can do is learn, practice and develop continually four critical skills: math, discipline, psychology, and risk versus reward. Here’s an outline of these critical concepts:
1. MATH
A
good poker
player should about know general percentages. These are any odds that
can be memorized about the game of poker which will save you time when
playing under pressure. For example, there is approximately a 1 in 8
chance of hitting a set when holding a pocket pair. The chance of
completing a flush draw at the flow is around 33%. The more general
percentages you know there more help you have when sitting at the
poker table
or playing online. Focus on critical numbers because it is impossible
to remember all the many statistics available. However, the more you
play, the more you’ll develop a memory for these facts.
Outs are
un-dealt cards that will improve your hand and great poker players
always know their outs. Keep track of how many cards can help your hand
and think of them in terms of a percentage. To calculate the odds, count
the number of outs, multiply by two, add two, and the answer will show
the percentage change of hitting one of the outs to improve your hand.
This formula is well worth committing to memory.
Pot odds are
very important also and go hand-in-hand with outs. Unless outs are
converted into intelligent betting that considers the financial return
versus the risk of decisions, they don’t mean anything.
2. DISCIPLINE
Great poker players require an advantage.
The difference between
a winning player and a fish is that a fish doesn’t expect to win, while
a skillful player does. A fish is just hoping luck will be on
marked cards lenses his or
her side and will play other casino games. A skilled poker player
doesn’t depend on luck; he does, however, hope that others do not get
lucky.
Skilled poker players know that every game requires
different levels of discipline. A disciplined no-limit player could be a
very foolish limit player or visa versa. Most often, a disciplined
limit poker player plays tight at the pre-flop stage. He doesn’t play
too many hands. Instead, he selects those hands high winning potential.
On
the flip side, a disciplined no-limit player is entirely different.
This player is less concerned with playing too many blinds. Instead, he
concentrates on not getting trapped. The main difference between a
disciplined limit and a disciplined no-limit player is that the limit
player avoids allowing his stack take repeated small hits. A disciplined
no-limit player avoids losing his whole stack in one fell swoop.
Because of this, a disciplined no-limit player can play a lot of hands.
Pre-flop, he may play be as loose as anyone else. Yet, he also knows
exactly when to fold hands that can get him in big trouble.
A
truly disciplined poker player, as the song says, knows when to “hold’em
and knows when to fold’em”. He or she recognizes when they’re on tilt
and aware when the game is too lucrative to stop. This knowledge arrives
only through playing experience; in the meantime simply follow your
instincts. If you find you are playing more with emotion than with your
brain, taking a break and reorganizing would be in your best interest.
Disciplined
poker players know they are not perfect and that they will make
mistakes but they use this mistakes to learn. They do not blame others
for their errors nor do they whine or cry about them. Every mistake is a
lesson from which a poker player can learn to become a more
sophisticated player. So, when you make an error, learn from it and move
on.
3. PSYCHOLOGY
A great deal of information
about poker psychology is available, far too much to address in depth
here. However, there is some sound advice you should know. Remember that
the OTHER PLAYERS in any poker game are just as important as you.
Often, people playing poker are off-guard because their thoughts are on
themselves, their decisions, their strategy and approach and their
cards. While these things are important, as addressed in the DISCIPLINE
section above, you should still think about what is going on elsewhere
at the poker table.
A good poker player is not a self-centered player. While he may be a real jerk and very self-centered when not at the poker table,
when he IS playing poker, his philosophy should change. He should
empathize with other players and attempt to place himself in their
position. This helps him to understand the decisions they are
considering.
It is very important for a good poker player to always try to answer three very important questions:
1. What cards does my opponent hold?
2. What cards does my opponent think I may hold?
3. What does my opponent believe that I think he is holding?
First,
consider what you believe the answers to these three important
questions are and then use that information to manipulate the situation
to your advantage. You want to first know the answers to these questions
and then know how to manipulate the answers to your advantage. If you
have a pair of kings and your opponent has a pair of aces
trick cards, and you both
know what the other has and you both know that each of you knows what
the other has, why bother to play a game of poker? A poker professional
will manipulate the scenario using various techniques in order to
mislead the opponents. You’ll need to become accustomed to mixing things
up and not being too easy to ‘read’. This is the best, and sometimes
only, way to play a great poker game.
Import note: Good
psychology is crucially important in a no-limit game, much more so than
in a limit game. It is absolutely vital that you realize this important
fact. Limit games frequently become math battles, but no-limit games
involve a strong psychological element. Novice and beginners should be
fully aware of what they are getting into before playing no-limit poker.
4. RISK vs. REWARD MGMT
Risk and reward management may seem obvious; after all, we use it in daily life as well as at the poker table.
But gambling often brings out aspects of ourselves that we usually
don’t encounter; we may, at times, play with more passion that reason.
Always try to strike a balance between the two, and never allow things
to get out of control. Good poker players are willing to take a big risk
only if the reward is sufficiently large, and even then ONLY if the
expected return is higher than the risk. Playing poker is a balancing
act, and expert poker players are those able to balance things most
effectively.
More importantly, understand that the risk-versus-reward nature of poker extends beyond the poker room. Always keep a budget of
how much money
you need for playing poker and how much you need for other living
expenses. It is not our place to tell you which is more important, but
it is a good idea to play within your allocated poker budget.
Fundamentally, good poker
players are slightly averse to risks, which may come as a surprise to
many. In terms of investment, a person is risk-neutral, risk-averse or
risk-accepting, depending on how that person allocates available
investment funds. You’ll find that, over time, the most successful poker
players are not those who bet the whole wad on a risk-accepting
long-shot, hoping to get lucky, or even the ones who bet their bank roll
only on rare occasions (risk-neutral). The really successful poker
players are actually those who take only calculated risks, and keep
focused on the ‘big picture’.
Sticking to this kind of example is
much better than striving for the whole pot all the time. Even though
you may have some success with taking big risks, over time reckless
strategies will result in much less success
than playing more prudently.