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Value (poker)
In poker, the strength of a hand (how likely it is to be the best according to the rules of the game being played) is often called its value; however, in the context of poker strategy the term is more often used to describe a betting tactic, a bet for value. This bet (or raise) is intended to increase the size of the pot, by inducing opponents to call. A bet for value is in contrast to a ''bluff'' or a ''protection bet'' (though some bets may have a combination of these motives). For a bet for value to be correct, a player must have a positive expectation, that is, they will win more than one bet for every bet they put in the pot. Pot odds do not matter in this situation, because the factor here is whether it is more profitable to ''raise'' or ''call'', rather than to ''call'' or ''fold''. Betting for value can apply to both made hand and drawing hand situations, although in the latter situation it is less often correct, as the drawing hand's chances of winning are generally low ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poker
Poker is a family of comparing card games in which players wager over which hand is best according to that specific game's rules. It is played worldwide, however in some places the rules may vary. While the earliest known form of the game was played with just 20 cards, today it is usually played with a standard deck, although in countries where short packs are common, it may be played with 32, 40 or 48 cards.Parlett (2008), pp. 568–570. Thus poker games vary in deck configuration, the number of cards in play, the number dealt face up or face down, and the number shared by all players, but all have rules that involve one or more rounds of betting. In most modern poker games, the first round of betting begins with one or more of the players making some form of a forced bet (the '' blind'' or ''ante''). In standard poker, each player bets according to the rank they believe their hand is worth as compared to the other players. The action then proceeds clockwise as each play ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rank Of Hands (poker)
In poker, players form sets of five playing cards, called ''hands'', according to the rules of the game. Each hand has a rank, which is compared against the ranks of other hands participating in the showdown to decide who wins the pot. In high games, like Texas hold 'em and seven-card stud, the highest-ranking hands win. In low games, like razz, the lowest-ranking hands win. In high-low split games, both the highest-ranking ''and'' lowest-ranking hands win, though different rules are used to rank the high and low hands. Each hand belongs to a category determined by the patterns formed by its cards. A hand in a higher-ranking category always ranks higher than a hand in a lower-ranking category. A hand is ranked within its category using the ranks of its cards. Individual cards are ranked, from highest to lowest: A, K, Q, J, 10, 9, 8, 7, 6, 5, 4, 3 and 2. However, aces have the lowest rank under ace-to-five low or ace-to-six low rules, or under high rules as part of a five-high ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poker Strategy
Poker is a popular card game that combines elements of chance and strategy. There are various styles of poker, all of which share an objective of presenting the least probable or highest-scoring hand. A poker hand is usually a configuration of five cards depending on the variant, either held entirely by a player or drawn partly from a number of shared, community cards. Players bet on their hands in a number of rounds as cards are drawn, employing various mathematical and intuitive strategies in an attempt to better opponents. Given the game's many different forms and various dynamics, poker strategy becomes a complex subject. This article attempts to introduce only the basic strategy concepts. The fundamental theorem of poker The fundamental theorem of poker, introduced by David Sklansky, states: Every time you play your hand the way you would if you could see your opponents' cards, you gain, and every time your opponents play their cards differently from the way they would pl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bluff (poker)
In the card game of poker, a bluff is a bet or raise made with a hand which is not thought to be the best hand. ''To bluff'' is to make such a bet. The objective of a bluff is to induce a fold by at least one opponent who holds a better hand. The size and frequency of a bluff determines its profitability to the ''bluffer''. By extension, the phrase "calling somebody's bluff" is often used outside the context of poker to describe situations where one person demands that another proves a claim, or proves that they are not being deceptive. Pure bluff A pure bluff, or stone-cold bluff, is a bet or raise with an inferior hand that has little or no chance of improving. A player making a pure bluff believes they can win the pot only if all opponents fold. The pot odds for a bluff are the ratio of the size of the bluff to the pot. A pure bluff has a positive expectation (will be profitable in the long run) when the probability of being called by an opponent is lower than the pot od ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Protection (poker)
Protection in poker is a bet made with a strong but vulnerable hand, such as top pair when straight or flush draws are possible. The bet forces opponents with draws to either call with insufficient pot odds, or to fold, both of which are profitable for the betting player. By contrast, if he failed to protect his hand, another player could draw out on him at no cost, meaning he gets no value from his made hand. A protection play differs from a bluff in that the bluff can win ''only'' when the opponent folds, while protection bet is made with a hand that is likely to win a showdown, but isn't strong enough for slow playing. The importance of protection increases when there are multiple opponents. For example, if a hand is currently the best, but each of four opponents has a 1-in-6 chance of drawing an out, the four opponents ''combined'' become the favorite to win, even though each one is individually an underdog. With a protection bet, some or all of them may fold, leaving few ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Expected Value
In probability theory, the expected value (also called expectation, expectancy, mathematical expectation, mean, average, or first moment) is a generalization of the weighted average. Informally, the expected value is the arithmetic mean of a large number of independently selected outcomes of a random variable. The expected value of a random variable with a finite number of outcomes is a weighted average of all possible outcomes. In the case of a continuum of possible outcomes, the expectation is defined by integration. In the axiomatic foundation for probability provided by measure theory, the expectation is given by Lebesgue integration. The expected value of a random variable is often denoted by , , or , with also often stylized as or \mathbb. History The idea of the expected value originated in the middle of the 17th century from the study of the so-called problem of points, which seeks to divide the stakes ''in a fair way'' between two players, who have to end th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pot Odds
In poker, pot odds are the ratio of the current size of the pot to the cost of a contemplated call. Pot odds are compared to the odds of winning a hand with a future card in order to estimate the call's expected value. The purpose of this is to statistically guide a player's decision between the options of call or fold. Raising is an alternative to place this decision on the opponent. Calculating equity Pot odds are only useful if a player has enough equity. Equity is the chance a player has to win the hand at showdown. It is calculated as the fraction of remaining cards in the deck for each remaining street (sequential card being dealt, e.g. turn, river) that can give a player the winning hand. For example, in Texas hold'em, if a player has an inside straight draw on the flop, there are four remaining cards in the deck, or outs, that can give them a straight on the turn or the river. The addition law of probability combines the chances of making the straight on the turn (4/47 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Made Hand
The following is a glossary of poker terms used in the card game of poker. It supplements the glossary of card game terms. Besides the terms listed here, there are thousands of common and uncommon poker slang terms. This is not intended to be a formal dictionary; precise usage details and multiple closely related senses are omitted here in favor of concise treatment of the basics. A ; ace in the hole : One of the hole cards is an ace ; ace-to-five, ace-to-six : Methods of evaluating low hands. See lowball. ; act : To make a play (check, bet, call, raise, or fold) at the required time, compare to '' in turn''. ; acting out of turn : A player in poker that either announces their actions or physically plays before their turn (checks, folds etc.). Sometimes players act out of turn intentionally to get a read out of other players. When done intentionally, this is often referred to as "angle shooting." See angle shooting. ; action : A player's turn to act; a willingness to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Draw (poker)
A poker player is drawing if they have a hand that is incomplete and needs further cards to become valuable. The hand itself is called a draw or drawing hand. For example, in seven-card stud, if four of a player's first five cards are all spades, but the hand is otherwise weak, they are ''drawing to'' a flush. In contrast, a made hand already has value and does not necessarily need to draw to win. A made starting hand with no help can lose to an inferior starting hand with a favorable draw. If an opponent has a made hand that will beat the player's draw, then the player is ''drawing dead''; even if they make their desired hand, they will lose. Not only draws benefit from additional cards; many made hands can be improved by catching an out — and may have to in order to win. Outs An unseen card that would improve a drawing hand to a likely winner is an out. ''Playing a drawing hand has a positive expectation if the probability of catching an out is greater than the pot odds ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heads Up Poker
Heads-up poker is a form of poker that is played between only two players. It might be played during a larger cash game session, where the game is breaking up and only two players remain on the table, or where two players are trying to start a game and playing heads-up while waiting for other opponents. It is also a necessary phase in most sit-and-go (SNG) poker tournaments; the single remaining tournament winner will at some point have to face only a single opponent. Alternatively, heads-up poker may be played on purpose, either in a cash game format, or as a SNG, where two players play a winner-take-all tournament for a fixed, previously agreed upon amount of money. On larger online poker rooms and during certain tournament series, one may stumble upon larger heads-up tournaments, usually in the shoot-out format. Usually, in order to ensure the fairness of the game, all players finishing at the same level of the tournament bracket will be paid out the same amount of money, no mat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Texas Hold 'em
Texas hold 'em (also known as Texas holdem, hold 'em, and holdem) is one of the most popular variants of the card game of poker. Two cards, known as hole cards, are dealt face down to each player, and then five Community card poker, community cards are dealt face up in three stages. The stages consist of a series of three cards ("the flop"), later an additional single card ("the turn" or "fourth street"), and a final card ("the river" or "fifth street"). Each player seeks the best List of poker hands, five card poker hand from any combination of the seven cards; the five community cards and their two hole cards. Players have Betting in poker, betting options to check, call, raise, or fold. Rounds of betting take place before the flop is dealt and after each subsequent deal. The player who has the best hand and has not folded by the end of all betting rounds wins all of the money bet for the hand, known as the pot. In certain situations, a "split-pot" or "tie" can occur when tw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poker Strategy
Poker is a popular card game that combines elements of chance and strategy. There are various styles of poker, all of which share an objective of presenting the least probable or highest-scoring hand. A poker hand is usually a configuration of five cards depending on the variant, either held entirely by a player or drawn partly from a number of shared, community cards. Players bet on their hands in a number of rounds as cards are drawn, employing various mathematical and intuitive strategies in an attempt to better opponents. Given the game's many different forms and various dynamics, poker strategy becomes a complex subject. This article attempts to introduce only the basic strategy concepts. The fundamental theorem of poker The fundamental theorem of poker, introduced by David Sklansky, states: Every time you play your hand the way you would if you could see your opponents' cards, you gain, and every time your opponents play their cards differently from the way they would pl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
