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Betting in poker means you wager that, at showdown, your hand will be ranked the highest. Unless you believe that to be a likely possibility, you should not bet. Statistically, in a ten-handed game, you will only have the highest hand 10% of the time. Knowing when it is your time to have the best hand is of course the difficulty. When you have a strong hand, bet aggressively and force the other players to chase you. It is rarely correct to slow-play; that is, not bet a strong hand. If you don't have a strong hand, fold. In poker, money saved is the same as money won, and staying out of the 90% of the hands you are destined to 10se is as important as being in the hands you win.
Your position is an extremely important factor in Hold'em since it is a fixed-position game. When you are in an early position (close to the blind) you have no way of knowing how large the pot will be at the end of a betting round, and how many players will be contesting it. To compensate for this disadvantage, you need to play stronger cards than you would from later positions.
Number of Players
The number of players contesting a pot determines the kinds of hands that are playable. The irony is that you can play weaker starting cards when many players contest the pot, but you must have a stronger final hand at showdown. A high pair is a strong favorite to win against one or two opponents, but if ten players enter the hand, someone is likely to beat a high pair with a flush or a straight. Conversely, drawing hands (weak initial cards that may give you a flush or straight) are playable against a large field since the final pot will be large, but drawing hands are seldom worth playing for small pots against one or two players.
Pot odds are the costs of staying in the hand compared to the pot size. In each betting round, you decide if the amount of money it will cost you to finish the round is worth the size of the pot being contested. The cost to play can range from nothing (if everyone checks) to three large bets (if there is a lot of raising late in the game). Like any sound investment decision, riskier plays must have greater rewards for success.
Opponents' Playing Styles
During the hands that you don't enter, observe the playing style of each player and of the group as a whole.
- Does a certain player only bet when he has good cards or does he bet with anything?
- Does a player buy-in for a small amount of money and carefully guard it, or does he buy new chips from the dealer frequently?
- For the table as a whole, are showdowns frequent or rare?
A big mistake beginning poker players make is playing only their cards and not considering how other people are playing theirs. Your opponents' actions are a source of information that must be used.
Over the course of a hand, some of these factors become more important than others. Early in the hand, your position, the initial strength of your cards and the potential number of opposing players are the most important factors. Later in the hand, pot odds and the playing styles of the remaining players are more important. What follows is a detailed discussion of these five factors.
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