Big Mistakes vs Small MistakesFri, 06 Jun 2008 00:55
Big Mistakes vs Small Mistakes
Common tips for amateur poker players.
One of the most common tips for amateur poker players is for them to learn how to distinguish the different concepts of poker. In this relation, learning to know the distinction between small mistakes and big mistakes is essential in mastering poker.
Negative Expected Value
Mistakes referred to in poker are plays that result to a negative expected value. Professional gamblers know that this is very important in poker games. What amounts most in the end is the value expected from the bets made. Naturally, small mistakes are those that result to a small negative expected value while big mistakes are the plays that lead to a big negative expected value.
Factors To Determine Big Mistake
A player needs to consider three factors in order to determine which mistakes are the big ones.
The following are the factors to consider: (1) the characteristic of the player's hand as opposed to the rival player's hand, (2) the possibility that the player's rival will have that hand against other player's hands in the same instances, and (3) the pot's size.
The Characteristic of the Player's Hand as Opposed to the Rival Player's Hand
Since knowing the rival player's cards is difficult to make, it will be wise to bear in mind the numerous possibilities regarding the other player's cards. This reminds the players about the characteristic uncertainties of playing poker. However, predicting the other player's cards can be possible by making vigilant reads.
The Possibility that the Player's Rival Will Have that Hand Against Other Player's Hands in the Same Instances
The player needs to be well-experienced and highly skilled in order to make the most accurate possible prediction of the other player's cards. To counteract the possibility of making a mistake in such predictions, the possibility that the other player actually holds a different card, other than the one predicted, should not be neglected.
The Pot's Size
The pot's size is the determining factor for the gravity of the player's mistake that was committed. This accounts to the fact that the pot's size has an effect on the expected value of decisions being made at the poker table. Pot odds are the nearest possible instance for the decision to be affected by the pot's size.
Pot Odds As An Evaluative Agent
Pot odds are actually the determining agent for the first and second factors. This is effective when the player makes an assumption that his hand may not be good as compared to the other player's hand. So the player expects that if he hits the draw, he might also bag the pot. This is plausible owing to the fact that the player thinks that the other player's hand is no longer that important just as long as he can build on his own cards. Hence, pot odds can measure a player's expected value by hitting the pot. The player will be deemed wise if he makes the call supposing the expected value is greater than the bet's value.
Small and big mistakes are more commonly dealt with in Fixed-Limit Hold 'em. Amateur players that are interested in playing this poker game will also have to deal with river betting and other decision-making situations.