Why do some players make
so much money playing hold'em while most
players struggle or lose! A big reason
is correct play before the flop, which
we discussed last issue. But there's another
important reason: Good players force their
opponents to take bad pot odds.
In gambling -- no matter
what the game -- the person making the
money in the long run is the one who has
the best of the situation. This point
is proved in casinos every day. When you
bet on the double sixes on the craps table
and take odds of 30 to 1 -- when the real
odds of rolling double sixes are 35 to
1 -- you are taking the worst of the proposition.
Over the long run, your money will end
up in the casino's pocket.
The same holds true in
a poker game, When your opponents take
the wrong odds to outdraw you, over the
long run their money ends up in your pocket.
Poker is all about getting your opponents
to take bad odds. Most of the errors bad
players make involve taking too many cards
off when the pot is not offering them
the right odds to hit their hand.
You will make money in
the long run when your opponents repeatedly
make this type of error -- even though
sometimes they get lucky and hit their
hand. Just as the casino likes the craps
shooter who bets the hard-way twelve,
even though the shooter occasionally gets
lucky and rolls the double sixes, you
have to like the action of players who
consistently draw to long-shot hands when
the pot is small relative to the odds
of hitting the draw.
In both structured-limit
and spread-limit hold'em games, a high
proportion of your opponents will routinely
see the flop. But because of the difference
in the two structures, the amount of money
in the pot, given the same number of players,
differs. Consider a situation in which
five people limp in to see the flop. In
a $4-$8 structured-limit game where the
big blind is $4, there is now $20 in the
pot (five times the $4 call). In a $2-$4-
$8-$8 where the big blind is $2, there
is now only $10 in the pot (five times
the $2 call). Because the blinds are smaller
in spread-limit hold'em than in structured-limit
hold'em, the pot will always be smaller
in the spread- limit game (all else being
equal).
This difference in pot
size should drastically affect your post-flop
play in the two types of hold'em for one
big reason: The difference in pot size
affects the odds your opponents are getting
to call after the flop.
Take, for example, the
situation where five people limp in to
see the flop and you hold 10h As. The
flop comes. 10s 3c 6d giving you top pair,
top kicker. Weak players are willing to
call on the flop with hands like two over
cards (e.g., Kc, Qh) inside straight draws
(e.g., 9d 7s), backdoor flush draws (e.g.,9s,
4s), bottom pair (4h 3d), and so forth.
Since these hands are
all long shots, you don't mind your opponents
playing with you. But you do want to make
sure you are forcing your opponents to
take short odds to draw to these types
of hands. How you get them to take short
odds varies, depending on the structure
you are playing.
In a spread-limit hold'em
game, where there is only $10 in the pot
before the flop, if you bet $4, the next
caller is calling $4 to win a $14 pot.
In other words, the pot is offering him
3 � to 1. Most of the weak hands that
might be calling are worse than 3 � to
1 underdogs. This means that, in a spread-limit
game, you don't need to do anything fancy
to get your drawing opponents to take
bad pot odds. Merely betting out with
your top pair, allowing them to take 3
� to 1 to draw to their hands, will suffice.
In a structured-limit
game, the strategy is more complicated.
Because there is $20 in the pot before
the flop, if you bet $4, the next player
is calling $4 to win a $24 pot. Where
the pot is offering only 3 � to 1 in the
spread-limit game, it is offering 6 to
1 in the structured- limit game -- which
means that most of your opponents are
getting long odds to draw to their hands
since the majority of the draws will be
better than 6 to 1 under- dogs to hit,
When you bet into a field of players in
a structured-limit game with a made hand
such as top pair, you are giving the majority
of your opponents the right price to outdraw
you. And if your opponents aren't making
an error, where is your edge?
This difference in the
price the pot is offering means you need
to change your strategy in structured-limit
hold'em. Whereas in spread-limit betting
out is enough to make your opponents take
a bad price, in structured- limit, you
have to use the check-raise more often
to force your opponents to take bad pot
odds. The upside to using check-raise
is that you are causing your opponents
to call two bets instead of one to win
the pot.
Just take another look
at the situation where you flop top pair
and there is $20 already in the pot. If
you bet out, the pot offers your calling
opponent 6 to 1. But if you check, your
opponent bets, and you now raise, your
calling opponent is only getting 3 � to
1. He is now risking $8 to win a $28 pot.