How To Win At Texas Hold Em

Good to Know Before MIT 15.S50 Begins

How To Win A Texas Hold'em Poker Tournament
How To Win At Texas Hold'em All The Time
Texas Holdem Tips And Tricks
How To Win At Texas Holdem Tournaments
How To Win At Texas Holdem Everytime
How To Always Win Texas Hold'em

Poker / Texas Hold’em Rules

Obviously, you should know the ranking of the poker hands, and how cards are dealt in texas hold’em. Know the terms straight flush, four-of-a-kind (or quads), full house (or boat), flush, straight, three-of-a-kind, two-pair, pair, high card; know preflop, postflop, flop, turn, river.

Betting Rules

A lot of Texas Hold 'Em strategy is based on the cards in your hand. You must be willing to suffer through a series of poor hands (e.g. 5-8, 2-6, 4-9) without getting impatient. The good hands will come, eventually, and you'll be in a better position to take advantage of them if you don't waste your chips trying to get something out of nothing. Starting with Opening Hands. The hands that you choose to go into battle with in Texas Hold’em are.

You should know how betting in poker works. Understand the terms bet, raise, call, check, fold, and all-in. Check-raising means checking and then later raising in the same betting round.
Know what a blind is. There will be a small blind and a big blind each hand.
Know that preflop, the big blind is last to act. On each postflop betting round, the small blind is first to act, and the dealer is last to act. Know when a betting round ends (eg. if all players check, then the betting round ends).
Other good terms to know for positions are cutoff (right of the dealer), hijack (right of the cutoff), under-the-gun (the person left of the big blind; first to act preflop).

Mathematical Concepts

In class we will run through an example to illustrate the terminology you should know.

Suppose the pot has $500 in it, and your opponent bets another $250.
You may call his $250, in which case cards are flipped over:
- If your cards beat his, you win the whole pot of $500 + $250 (that he just put in) + $250 (that you just put in) = $1000. You profited $750 from this gamble.
- If his cards beat yours, you get $0 back. You lost $250 from this gamble.
Or, you can fold, resulting in a payoff of $0.
In this example, we say that you are getting 3-to-1 odds to call. When you win, you profit 3 times what you risk losing.
Suppose the probability that your cards beat his is 10%. Then your expectation for calling is 0.1(+750)+0.9(-250)=-150. By calling, you expect to lose $150 in the long run. Your expectation for folding is always $0. Therefore, you should fold, since your expectation for calling is negative.
Suppose the probability that your cards beat his is 50%. Then your expectation for calling is 0.5(+750)+0.5(-250)=250. By calling, you expect to earn $250 in the long run. Therefore, you should call, since your expectation for calling is positive. If you were to play this game a large number of times, your average payoff per game would be $250, with 100% certainty. This is called the Law of Large Numbers.
We say that a gamble has high variance if it takes a large number of trials to converge to the expected average payoff per game. A gamble has low variance if it converges quickly. In general, high variance means high risk, and high risk usually means higher reward, ie. higher expectation.

Book Recommendations

Miller, Ed, David Sklansky and Mason Malmuth. Small Stakes Holdem: Winning Big With Expert Play. Two Plus Two, 2004. ISBN: 978-1880685327. Only for limit hold’em, but still one of the classic books in poker and written by mathematicians.

Slightly outdated, but very good:

Harrington, Dan. Harrington on Hold 'em Expert Strategy for No Limit Tournaments, Vol. 1: Strategic Play. Two Plus Two, 2004. ISBN: 978-1880685334.
Harrington, Dan. Harrington on Hold 'em Expert Strategy for No Limit Tournaments, Vol. 2: Endgame. Two Plus Two, 2005. ISBN: 978-1880685358.

Rodman, Blair, Lee Nelson, Steven Heston, and Phil Hllmuth, Jr. Kill Phil: The Fast Track to Success in No-Limit Hold 'em Poker Tournaments. Huntington Press, 2009. ISBN: 978-1935396314.

Nelson, Lee, Tyson Steib, Steven Heston, Joe Hachem, and Bertrand Grospellier. Kill Everyone: Advanced Strategies for No-Limit Hold 'em Poker Tournaments and Sit-n-Go's. Huntington Press, 2009. ISBN: 978-1935396307.

More entertaining than educational:
Hansen, Gus. Every Hand Revealed. Kensington Publishing Corp., 2008. ISBN: 978-0818407277. [Preview with Google Books]

Not that practical, but theoretically very interesting:
Chen, Bill and Jerrod Ankenman. The Mathematics of Poker. Conjelco, 2006. ISBN: 978-1886070257.

Nazarewicz, Pawel. Building a Bankroll. Pawel Nazarewicz, 2012. ISBN: 978-0615589886. Mostly for full ring cash games.

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Whether you're playing with friends or at an online site, the goal of poker is to win. Of course, this is easier said than done today when you consider that there's a wealth of poker strategy available today. But that certainly doesn't mean your case for becoming a successful player is hopeless. This is especially the case if you read the following step-by-step guide on how to win at Texas Holdem poker.

Basic Texas Holdem Poker Strategy

It's worth stressing that, above all, you need a solid grasp of basic strategy. But what exactly does this encompass? A great place to begin is with a starting hand chart. The single biggest mistake by beginners is trying to play too many hands; starting hand charts quickly break you of this by serving as a guideline for which cards to play preflop. When you gain more experience with no limit holdem strategy, you can branch out and play more hands based on the table dynamic.

The next step is to gain an understanding of simple poker math concepts.'Pot odds' is among the most-basic and helpful because this helps determine whether or not you should make a call post-flop. For instance, you and a single opponent see the flop and the pot is worth $10; your opponent bets $5 and you are now left deciding whether it's worth risking $5 to win a pot that's worth $15 (including opponent's bet). This makes your pot odds 15:5, or 3:1, meaning you need better than a 3:1 chance of hitting your drawing hand to make this a profitable call.

Pot odds are only the tip of the iceberg, and you should continue adding implied odds, reverse implied odds, equity, bet sizing and more to your knowledge arsenal. Other concepts that you want to master as a beginner include limiting your bluffing, knowing table position and bankroll management.

Study Opponents and Focus

Image Credit - Yanning Van De Wouwer How

One of the first struggles that you'll incur when trying to learn how to win at Texas Holdem involves paying attention to the game. Unless you're starting out with a fast-fold variant, which we don't recommend, you'll find that poker is a really slow-moving game. So you might be tempted to multi-task while playing or even try playing more than one online table at once (multi-tabling).

But we highly discourage doing anything like this right away because you should be 100% focused on your opponents and trying to figure out what cards they're playing. Specifically, you want to think about what their 'range' of hands is based on their previous actions. This is only something that can be gained by watching your opponents during every hand—including the ones you're not involved in.

The goal is to build a profile of everybody at the table so you can figure out what range they play in each situation. For example, if you see another player get caught trying to steal blinds with 6-5 unsuited in late position, you know that they have a wide range in these situations, allowing you to call against them with more hands.

Keep in mind that it's tougher to read opponents as you move up in stakes. So it's nice to hone these skills, along with your overall no limit holdem strategy, in the micro stakes before moving up in limits.

How to be Good at Poker - Intermediate Tips

Whether you want to know how to win a poker tournament or master Omaha poker strategy, there's always a deeper level to take your knowledge. So once you've spent enough time grinding and studying poker tips, it's time to take your game further.

Some of the intermediate concepts that you want to study include value betting, continuation betting, 3-betting and creating your table image. Learning all these Texas holdem tips won't guarantee that you become a pro; however, intermediate strategy does at least serve as a bridge between starting out and becoming a long-term winning player.

For example, profiling your opponent and putting them on a range of hands falls in line with basic poker strategy. But understanding their raise range and knowing when to 3-bet takes things to another level. Part of learning concepts like these is gaining experience against a wide range of opponents at specific stakes. But it also pays to continue using a variety of tools for improving your poker skills, which we'll discuss next.

How To Win A Texas Hold'em Poker Tournament

Tools for learning Poker Strategy

How To Win At Texas Hold'em All The Time

Image credit - Raed Photography

Texas Holdem Tips And Tricks

How To Win At Texas Holdem Tournaments

The quest for learning how to be good at poker never ends—and that's what is so great about the game. By continually improving and picking up new poker tips, you stand a better chance of winning money. And what's nice is that you have a large variety of options when it comes to poker strategy. Here's a brief rundown on some different tools that you can use:

How To Win At Texas Holdem Everytime

Poker Articles - Abundant, and very good for learning the basics of how to win at poker. It's especially nice when articles are categorized in beginner, intermediate and advanced sections.
Poker Books - These are a good way to get inside the head of a pro and see how they think when playing the game. Just be sure that the concepts are relevant and not outdated, though.
Training Videos - There was an explosion of training videos in the late 2000s, as players moved away from books/articles and craved visual strategy. The great thing about training videos is that you get to see players actually playing online poker as they discuss different topics. But beware that not everybody who does training videos is a long-term winner.
Live Streaming (Twitch) - This has become one of the most-popular ways to learn poker tips because you get to watch skilled pros in real-time. Plus, you might also be entertained by some of the better Twitch performers. Jason Somerville,Bertrand Grospellier and Jaime Staples have become stars through live streaming.
Coaching - You can get one-on-one training by hiring a coach. The quality of coaching you get often depends on whom you hire and how much money you spend. But this option is worth pursuing if you want a good player to critique your play and explain what you need to do to get better.
Heads-Up Displays (HUDs) - These are tools that help keep track of various stats on opponents and your own play during a session. Some online poker sites have banned these tools while others still allow you to use HUDs since they aren't technically cheating.

How To Always Win Texas Hold'em

As you can see, there are lots of different ways to get better at poker. The main thing that you need to do is dedicate enough time to the matter and take advantage of all these methods so that you have a strong chance of learning how to win at Texas Holdem poker.