Wednesday Feb 11 2015

“Every time you play your hand the way you would if you could see your opponents' cards, you gain, and every time your opponents play their cards differently from the way they would play them if they could see your cards, you gain” -David Sklansky

When I first started researching I realized that a lot of the terms used I was not familiar with. So with this post I hope to identify and define key terms.

Position-the position of the player in terms of playing order

The Gap Concept- when a player needs a better hand to play against someone who has already opened (or raised) the betting than he would need to open himself

The Sandwich effect- states that a player needs a stronger hand to stay in a pot when there are opponents yet to act behind him

Aggressive play refers to betting and raising. 

Passive play refers to checking and calling

Hand reading is the process of making educated guesses about the possible cards an opponent may hold, based on the sequence of actions in the pot

Multiple level thinking is accounting for what the other opponents think about the hands

Pot odds are the ratio of the size of the pot to the size of the bet required to stay in the pot

It is important for me to keep this ideas in mind as I move onto more complex theories like chance calculation, bluff strategies, and analyzing fold/check patterns.