Saturday, March 15, 2008

How I Make Money In Poker

Something I have thought about lately is exactly how I make money in poker. It's important for me to realize the areas of the game that I am better or worse at than other players.

Here are the tools (with an explanation below) that I use better than most players (i.e. what makes me money in poker):

1. Value Betting.
--A lot of players will miss value bets because they fear getting raised, or just aren't used to betting for value in certain spots. I am confident enough to get in these "thin" value bets.
Another example is betting large amounts on the flop and turn, but then betting small on the river, because the opponent has a 1 pair hand that had a draw on the flop and turn, but now that the draw missed...or else they believe I wouldn't bet the river big as a bluff...so they can only call a small river bet. A lot of players will continue betting big and thus miss value on the river (tho sometimes a big bet will get called, and I am smart enough to adjust and bet big in that spot).

2. Analyzing Bets on the River.
--I'm not afraid to make big calls when I think someone is bluffing on the river. A common spot is someone who just calls on the flop and/or turn on a scary board, and then makes a big bet or raise on the river when draws miss...I am capable of calling these with a hand as weak as queen high (no pair).

3. Reading Timing Tells.
Timing tells are clues opponents give off based on how quick or slow they act. For example, when someone insta-calls the flop, they often have a weak hand/draw since they don't take time to consider raising.
If they then instantly check the turn when a draw completes...they often completed their draw, because with the nuts, they're excited to hit their hand and automatically try to set a trap, but with a weak hand, they'd take more time.
There are too many different situations with timing tells to list them all here...basically I am good about realizing spots I act instantly and remembering why, and doing the same when I see others doing it.

this is a good start, but I am tired of writing about this for now. Next time I'll write a thing or two more that I do better, and some stuff I do worse than others to make mo money, mo money, mo money!

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