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The Theory of Poker - Chapters 1 & 2
Ok I’m going to highlight the main points I’ve taken from the first two chapters.
1) The difference between winning money and winning pots. I.e picking the correct conditions to play a pot.
2) Your goal as a poker player is to maximize your wins and minimize your losses. I.e Building a pot with your strong hands and keeping the pot small with weak hands, not making stupid calls.
3) Realize you are playing in one big poker game and each pot is not an individual game. What guy would you rather be the guy who won the most pots and is breakeven at the end of the session, or the guy who won a couple of sizable pots and finished a winner?
4) Whether you are winning or losing in any given session shouldn’t affect your play, you need to have the discipline to play every hand correctly.
5) Only play in games you’re a favourite in. This pretty much equates to table selection for us online players, why remain seated at a table with 5 nits when can join a table with some weak passive fish?
6) Always make the play that will maximize your positive expectation or minimize your negative expectation. I.e Thinking of poker decisions in terms of EV.
If I’ve missed anything and you feel it should be included say so. I think we can get some decent discussion going around these points, if someone feels any of these points are leaks of theirs speak up and we can discuss, preferably include an example of a typical spot where you’re unsure what to do this can be totally made up or a relevant HH for example.
I’ll add mine later, a major leak of mine that I didn’t realize was so bad or think was a big deal until I read these chapters was making stupid pointless calls. I’ll throw together a typical scenario where I find myself making stupid calls and post it in later.
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