Monday, October 15, 2007

Texas Holdem Poker Probability

What is a probability: a measure of how likely it is that some event will occur; a number expressing the ratio of favorable cases to the whole number of cases possible; "the probability that an unbiased coin will fall with the head up is 0.5"

What is Texas Hold'em: Texas hold 'em (or simply hold 'em or holdem) is the most popular of the community card poker games. It is the most popular poker variant played in casinos in the western United States, and its no-limit form is used in the main event of the World Series of Poker (abbreviated WSOP), widely recognized as the world championship of the game.

Pros and amateurs alike agree that Texas Hold'em is a relatively easy game to learn but difficult to master. Texas Hold'em poker is a complex game of wits, cunning, strategies, and mathematics. To do well in a Texas Hold'em game, there are so many factors to consider. One of these factors is the Texas Hold'em probability.

What is Texas Hold'em probability?

Texas Hold'em probability is a huge factor of the game. Texas Hold'em probability is determined through the odds that players use in determining their actions. The odds of finishing a flush or a straight, of making a hand from the flop, of getting an overcard - all these are important Texas Hold'em probability factors that can either make or break your game. Texas Hold'em probability will give the statistical knowledge necessary to help you determine whether you ought to bet, call, or fold.

Some terms relating to Texas Hold'em probability

Out is one of the commonest terms you will encounter when talking about Texas Hold'em probability. Out refers to the cards in the deck that will help make your hand. For instance, you have four hearts on the turn. The number of outs you have left is 9.

The second term that you will encounter in Texas Hold'em probability is pot odds. Pots odds are your chances of making a hand based on the current size of the pot and your next call. Say, the stakes in the pot amounts to $200 and you only have a $10 bet coming at you. By using the concept of Texas Hold'em probability, you know that if you hit your flush, your pot odds are good.

The third term in Texas Hold'em probability is bet odds. This refers to the odds you get if you assess the number of players who make a call against a raise. If your hand odds are 1 to 5 and you know that all your opponents are looking to call your bet, then it means that your bet odds are good.

The fourth and final terms you will encounter in Texas Hold'em probability is implied odds. This term refers to the odds you have if you assume how the betting round will turn out. Implied odds in Texas Hold'em probability requires experience in poker to do correctly.

The Basic Concept of Texas Hold'em Probability

In calculating Texas Hold'em probability, the commonest concepts you use are outs and pot odds. Basically, Texas Hold'em probability is simple division. Use the number of outs you have as your numerator. Your denominator will be the number of cards left that you haven't seen yet. So at the start (pre-flop), you will be dividing your outs with 50. After the flop, it will only be 47 and down to 46 after the turn.

One last word on probability...If you don't play for fun you will PROBABLY lose your shirt so...Know your limit and play within it...

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