General Gambling Theory and Poker Theory
General Gambling theory revolves around luck, systems, money management, odds, negative expected values, chasing losses and discipline.
However, poker is probably one of the few games where positive expected values can easily be found.
Because of the significant difference in outcome between positive and negative expected values, the known strategies for playing poker are remarkedly different from other casino games.
Poker logic is not tricks and ploys. Among weaker players tricks and ploys may sometimes work. For example, gesturing as though to fold your hand and then raising after the third man in the pot has called.
thumbnail poker theory
Some poker authors make a joke out of tricks and ploys as if bluff is the essence of poker. The best that can be said of these authors is that they are misguided. Even a super hustler with an arsenal of tricks and ploys will not win money against tough fellow players unless he is also a skilful player.
Some players substitute tricks and ploys for sound precepts and sound play. They act confidently and try to provoke other players in the poker game. In other words, they use all sorts of gimmicks besides optimal play to win the poker game.
In the world of professional Las Vegas poker, such players never rise to the hig stake games. Eventually, their tricks and ploys boomerang back at them. Invariably, they end up in the mum’s basement like so many failed gamblers, earning a living driving as a cab driver.
Poker logic is also not purely mathematical. Knowing the mathematics of poker can certainly help you play a better game. However, mathematics is only a small but essential part of poker logic. More importantly, poker players should have a thorough understanding of the underlying concepts of poker so that they can apply them correctly in actual poker play.
It is important to understand that poker is a much more difficult game than most people think. Poker can be more complex than bridge, backgammon or chess.
The concepts in this post are intended to briefly outline and introduce you to the poker theory in order to make you a better player against tough competitors. If you can beat tough games, you will have little trouble winning easier games. While the concepts discussed generally apply to all poker variants, you need to modify them to suit a particular variant.
I play only one variant of poker, No Limit Texas Hold ’em.
If you would like to read more, this book written by David Sklansky is strongly recommended.
The Theory of Poker: A Professional Poker Player Teaches You How To Think Like One
This was the first poker book I read many years ago.
Gambling help provide free poker gambling courses to help gamblers in recreatioinal poker, professional poker.
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