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A complete probability guide of Hold'em Poker, this guide covers all possible gaming situations. The author focuses on the practical side of the presentation and use of the probabilities involved in Hold'em, while taking into account the subjective side of the probability-based criteria of each player's strategy.
Odds are part of any gambling strategy and Texas Hold'em Poker is highly predisposed to probability-based decisions. This book presents the mathematics involved in card distributions in Texas Hold'em and provides a precise account of the odds associated with all gaming events. The author is a recognized authority on casino mathematics. He is member of applied mathematics societies and has published numerous articles in leading academic, gaming industry and applied mathematics journals. He is also the author of "Probability Guide of Gambling." No formal background in mathematics is necessary for reading this book, although comfort with some probability and set theory notions is helpful. In most cases, you'll need some college math to follow the formulas here, but this is not a requirement, because the numerical results are collected in tables at the end of each section. The work is packed with formulas, algorithms and tables. Its' primary goal is to allow the reader to quickly find the odds for their hand and for their opponent's hand, in order to improve his/her betting decisions. Every type of card distribution is tabulated in a logical, consistent and comprehensive manner. The complete methodology and all the calculations are shown, so it teaches the player how to calculate probability for any situation for every stage of the game, even for other card games. You will find here the real odds, returned by precise mathematical formulas and not by partial simulations that most software uses. The book contains new and original material that has not been done previously and provides a full coverage of Hold'em odds: - Immediate odds (pre-flop odds, flop odds, turn odds, river odds, odds ofimproving specific hands). - Long-shot odds (odds of achieving specific card formations by river) for own hand, in after-flop and after-turn stages. - Long-shot odds for opponent's hand (odds for one and at least one of your opponents to achieve specific card formations by river), in after-flop, after-turn and after-river stages. - Other odds. Concrete examples of calculations and usage of tables are attached to each section. Also, a special chapter of examples is included for a good understanding of how to count and compare the odds for expected card formations and the odds of possible higher formations of opponents. Such information is a must for any Hold'em player - either beginner or advanced - and this book is a trusted and professional source.
- How often does each starting hand win against a specific hand or random hand? - What are the odds of your opponent holding a pocket pair when he raises? - What is the probability that an over-card will flop when you hold JJ? - How do you determine if drawing is profitable or not? Texas Hold'em Odds and Probabilities answers all of these questions and more. Every single decision you make at the poker table is in some way related to odds and probabilities. Whether you are deciding to bet, call, fold, raise, or even bluff, odds and probabilities are an integral part of the decision-making process. Texas Hold'em Odds and Probabilities does more than just show you how to calculate the odds - more importantly, the focus is on how to apply odds to make better decisions. Hilger's approach shows that you do not need to be a math wiz to be successful in poker. Simple concepts and strategies that anyone can learn will have you matching wits with the top players in no time. Some of the topics include: raising draws for value, backdoor draws, facing all-in decisions before the flop, protecting your hand, the impact of stack sizes, and much more. In addition, the most comprehensive collection of Texas Hold'em charts and statistics ever put in print is provided as reference. Poker is a fun game, but it is even more fun when you win. Expert players understand the simple math behind every decision they make - now you can too. Matthew Hilger is also the author of the best-selling Internet poker book, Internet Texas Hold'em and is coauthor, with Ian Taylor, of The Poker Mindset.
A primer and reference for one of the most useful concepts in poker.
For decades, the highest level of poker have been dominated by players who have learned the game by playing it, road gamblers' who have cultivated intuition for the game and are adept at reading other players' hands from betting patterns and physical tells. Over the last five to ten years, a whole new breed has risen to prominence within the poker community. Applying the tools of computer science and mathematics to poker and sharing the information across the Internet, these players have challenged many of the assumptions that underlay traditional approaches to the game.'
Poker star Dusty Schmidt presents his first book [¬" one that stands to shake up poker in the same way Moneyball did for baseball. Schmidt offers an inspiring look at how in just five years, he went from not knowing a thing about poker to netting a seven-figure annual income. Far from a mathematical or technological genius, Schmidt says what guides him through is a fundamental understanding of business. Treat Your Poker Like A Business provides a foundation upon which all poker will be evaluated in the future, and will help an entire generation of poker players evolve their games into empires. A consummate "grinder," Dusty Schmidt has played nearly 7 million hands of online poker over more than 10,000 hours during his five-year career. He's won over $3 million during that period, and has never experienced a losing month. In 2007, he achieved Poker Stars' SuperNova Elite status in just eight months while playing high-stakes cash games exclusively. Schmidt posted the world's highest win rate in both 5/10 NL and 10/20 NL in both 2007 and 2008. In a four-month period between Nov. 2007 and Feb. 2008, Schmidt won in excess of $600,000 in high-stakes cash games. He is now a highly respected instructor at Stoxpoker.com, and plays as high as 25/50 NL. As a young man, Schmidt was a top-ranked golfer. He broke two of Tiger Woods' junior records, and was the leading money winner on the Golden States Tour when, at age 23, he suffered a career-ending heart attack. Schmidt returned to golf in 2009, winning medalist honors in qualifying for the Oregon Amateur Championship. Later that year, Schmidt famously represented himself in federal court in his suit against the United States Golf Association, which controversially stripped him of his amateur status, in part due to his poker profession. Schmidt is now a volunteer assistant coach for the University of Oregon's men's golf team, working under his good friend, Head Coach Casey Martin. Schmidt is also a successful entrepreneur. He is part-owner of Stoxpoker.com and Imagine Media, and the creator of 10thGreen.com, the first social network for golfers. His story has been featured in Sports Illustrated, Card Player, Poker News, Golf Magazine, Fairways and Greens, Golf Week, Golf World and the Portland Oregonian, as well as on ESPN, cnn.com, wallstreetjournal.com, forbes.com, fortune.com, espn.com, golfdigest.com and golf.com, among many others. He recently founded the House of Cards Project, a philanthropic effort to provide food and shelter to disadvantaged families. His life story will be told in the book [¬Raise: The Impossibly True Tale of Dusty Schmidt, [¬? to be released later in 2010. He lives in Portland, Ore., with his wife, Nicole, and daughter, Lennon.
“One part The Da Vinci Code, one part The Name of the Rose and one part A Separate Peace . . . a smart, swift, multitextured tale that both entertains and informs.”—San Francisco Chronicle NEW YORK TIMES BESTSELLER Princeton. Good Friday, 1999. On the eve of graduation, two friends are a hairsbreadth from solving the mysteries of the Hypnerotomachia Poliphili, a Renaissance text that has baffled scholars for centuries. Famous for its hypnotic power over those who study it, the five-hundred-year-old Hypnerotomachia may finally reveal its secrets—to Tom Sullivan, whose father was obsessed with the book, and Paul Harris, whose future depends on it. As the deadline looms, research has stalled—until a vital clue is unearthed: a long-lost diary that may prove to be the key to deciphering the ancient text. But when a longtime student of the book is murdered just hours later, a chilling cycle of deaths and revelations begins—one that will force Tom and Paul into a fiery drama, spun from a book whose power and meaning have long been misunderstood. BONUS: This edition includes an excerpt from Dustin Thomason's 12.21. “Profoundly erudite . . . the ultimate puzzle-book.”—The New York Times Book Review
Over the past two decades, gamblers have begun taking mathematics into account more seriously than ever before. While probability theory is the only rigorous theory modeling the uncertainty, even though in idealized conditions, numerical probabilities are viewed not only as mere mathematical information, but also as a decision-making criterion, especially in gambling. This book presents the mathematics underlying the major games of chance and provides a precise account of the odds associated with all gaming events. It begins by explaining in simple terms the meaning of the concept of probability for the layman and goes on to become an enlightening journey through the mathematics of chance, randomness and risk. It then continues with the basics of discrete probability (definitions, properties, theorems and calculus formulas), combinatorics and counting arguments for those interested in the supporting mathematics. These mathematic sections may be skipped by readers who do not have a minimal background in mathematics; these readers can skip directly to the "Guide to Numerical Results" to pick the odds and recommendations they need for the desired gaming situation. Doing so is possible due to the organization of that chapter, in which the results are listed at the end of each section, mostly in the form of tables. The chapter titled "The Mathematics of Games of Chance" presents these games not only as a good application field for probability theory, but also in terms of human actions where probability-based strategies can be tried to achieve favorable results. Through suggestive examples, the reader can see what are the experiments, events and probability fields in games of chance and how probability calculus works there. The main portion of this work is a collection of probability results for each type of game. Each game's section is packed with formulas and tables. Each section also contains a description of the game, a classification of the gaming events and the applicable probability calculations. The primary goal of this work is to allow the reader to quickly find the odds for a specific gaming situation, in order to improve his or her betting/gaming decisions. Every type of gaming event is tabulated in a logical, consistent and comprehensive manner. The complete methodology and complete or partial calculations are shown to teach players how to calculate probability for any situation, for every stage of the game for any game. Here, readers can find the real odds, returned by precise mathematical formulas and not by partial simulations that most software uses. Collections of odds are presented, as well as strategic recommendations based on those odds, where necessary, for each type of gaming situation. The book contains much new and original material that has not been published previously and provides great coverage of probabilities for the following games of chance: Dice, Slots, Roulette, Baccarat, Blackjack, Texas Hold'em Poker, Lottery and Sport Bets. Most of games of chance are predisposed to probability-based decisions. This is why the approach is not an exclusively statistical one (like many other titles published on this subject), but analytical: every gaming event is taken as an individual applied probability problem to solve. A special chapter defines the probability-based strategy and mathematically shows why such strategy is theoretically optimal.
Want to play — and win — poker's hottest game? Turn on the TV, drop by a newsstand, or just browse the checkout your local supermarket and you'll see firsthand that Texas Hold 'Em is the poker game everyone's playing. It's a game that's deceptively simple, yet within its easy framework you’ll find truth and trickery, boredom and fear, skill and misfortune—in other words, all the things that make life fun and worth living! Texas Hold'em For Dummies introduces you to the fundamental concepts and strategies of this wildly popular game. It covers the rules for playing and betting, odds, etiquette, Hold'em lingo, and offers sound advice to avoid mistakes. This handy reference guide gives new and even seasoned players winning strategies and tactics not just for playing the game, but for winning. You'll learn: Rules and strategies for limit, no-limit, tournament, and online play How to "play" the other players The importance of your bankroll—recommended sizes and more Hands you should and should not play How to camouflage your play and dodge traps When, who, and how to bluff How to maximize your win with check-raising and trapping The different approaches for playing in private games, casinos, card rooms, tournaments, and on the Internet How to use mathematics to your advantage Texas Hold 'Em is a game of both skill and chance. But it's a game that can be beaten, and whether you want to make money, sharpen your game, or just have a good time, Texas Hold 'Em for Dummies will give you the winning edge.
An excellent tool for beginning to intermediate players to be successful at limit Texas Hold'em with specific topics focused on Internet play. The book's reputation has superceded its title as many players now recommend it for live play also. A comprehensive overview of Texas Hold'em is presented including general poker concepts such as probability and odds, bluffing, raising and check-raising. Various deceptive tactics are also discussed such as free cards, slowplaying, and inducing bluffs and calls.