Just when you think you've
mastered most of the important angles
in poker, you discover something that
doesn't make sense. That's because poker
is actually a counterintuitive game. For
this reason, many intelligent people have
a difficult time mastering the game. Poker
success requires more than knowing the
basic strategy.
For example, it is common
knowledge that as your position improves,
you can play more hands. This is undoubtedly
true, but it's also not always the case.
Suppose you are in a
loose limit hold'em game and you hold
a small pair like 2 - Z. If you are in
early position you can limp in (call if
someone has bet or check if no one has
bet), anticipating that you will get the
multiway pot you desire. This is especially
desirable if you have timid opponents
behind you.
From the middle position,
you should definitely fold the same 2
- 2. You cannot anticipate getting the
same multiway action you could when you
were in early position because a player
behind you is more likely to raise in
an attempt to isolate you. So here is
an example where you could play a hand
from early position, whereas you would
fold the same hand from middle position.
Things are not always
what they seem, and what seems the logical
move isn't necessarily the correct move.
Suppose you are "running
good" and everything is going right in
the game. You don't play any borderline
hands. You rake in several nice pots.
You plan to hit the door the minute the
rush is over. That seems like the intelligent
action to take, and it's what most people
do - take the money and run. But is this
the correct action?
Your good fortune has
helped build a good table image. When
your table image is good, you have the
game primed to book a huge winner. Your
opponents will fold against you at a much
higher frequency than they normally would,
making the semibluffing type of hands
go way up in value. (David Sklansky, in
his book Theory of Poker, defined a semibluff
as a hand that would almost be correct
to call with if you had checked and somebody
else had bet - therefore it would be better
to have bet the hand yourself, as long
as there is at least a small chance that
your opponents will fold.) This gives
you an additional way to win the pot,
other than having to hit your hand.
When everything comes
together and your opponents are folding
at a higher frequency than they normally
would, shouldn't you be loosening your
standards a little to take advantage of
this situation! That's certainly different
than the aim of protecting your winner
and having one foot out the door.
All you are looking to
do in any gambling situation is to increase
your expectation. Look at the expert,
card-counting blackjack player, for example.
He says to himself, "It would really be
great if I were to win $2,000 today."
He finds a rich shoe that is full of aces
and tens and wins a high percentage of
his bets, finding himself quickly up the
$2,000 he wanted to win. There is one
problem: the shoe is still very rich.
If he keeps playing, he may blow back
a good piece of the winner. But tomorrow
he could be playing another positive situation
which in all likelihood will not be as
good as the one he walked away from today,
and he loses his edge. This same phenomenon
occurs over and over again - lock up a
winner today and play a situation that
may be worse tomorrow.
A good table image at
the poker table is much like a ten-rich
deck in blackjack. When you have a good
image, it is really ridiculous to walk
away even if you are getting every hand
beat.
How about when you're
in a slump! Do you, like most people,
play looser than you normally would in
a desperate attempt to get even! Do you
bluff more than you normally would because
you have to win a pot somewhere? The problem
in this situation is that your table image
is so poor at the moment that all your
opponents believe they are going to beat
you; they can't wait to get into your
pots. For a semi-bluff to be correct there
has to be some possibility that all your
opponents are going to fold. This is extremely
unlikely when you have a bad table image.
The correct strategy seems to be to play
tighter and stab at fewer pots. How do
you expect to get even when you pass pot
after pot.' You probably won't. But you
will lose less. You will make money in
the long run if you are always trying
to maximize your expectation and not being
overly concerned with short term results.
Almost all the top poker
players are friends of mine. I do not
know anybody who always wins. It just
doesn't happen. No matter how good you
are, you too will experience many losing
sessions, and there isn't anything in
the world that you can do about it. There
is nothing you can do when you take an
inordinate number of bad beats for an
extended period of time. Occurrences like
this are out of your control. You should
be concerned with things you do have some
control over.