Poker Strategy Fixed Limit

Since stumbling towards retirement nine years ago, Andrei Joseph has played low limit hold 'em in more than 100 poker rooms across 20 states. He would be $37,000 ahead — if there were no rake! Here's the second of two articles from Joseph in which he continues to explore some of the attractions and challenges of what for many poker players is a favorite variant.

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Here are some painful lessons from the bottom end of the poker food chain: low stakes, fixed-limit hold'em.

Last time I discussed some of the reasons I enjoy low limit hold'em (i.e, $4/$8 and below). This time, let's talk a little strategy. If you follow the basic advice outlined below, you will distinguish yourself from the majority of your opponents and dramatically increase your chances of success.

First, and most importantly, listen to Archie Bell & the Drells: 'Do the tighten up, come on and tighten up, you can do it now.'

Throw away , throw away , throw away . If you are dealt pocket jacks and there are two raises in front of you, fold. If you hit the low end of the flop and there is action, get out.

This advice is tough to follow. You want to play. I want to play. I want the action. You may have driven hours to get to the darn casino. Play! Play! The bozo across the table just won playing . It is my turn for a big blind special.

No! It is your turn to fold and be patient.

Limit Hold’em Tips. Fixed-Limit Texas Holdem has been waning in popularity since poker exploded around the turn of the millennium. That being said, it was once the standard in casinos the world over, and to this day it is a very popular form of poker in both cash games and tournaments alike. Some strategic adjustments for no-limit players to consider when jumping into fixed-limit games. When playing limit games, press your advantages, call more and chase weak draws less.

Still staying within the realm of poker’s most popular game of Texas Hold’em, Limit Hold’em (also referred to as Fixed-Limit Hold’em, or FLHE) encompasses a capped betting structure in the various rounds of gameplay (instead of allowing any player to go all-in whenever they please with however many chips are in front of them). The fundamental difference with Fixed Limit Poker strategy is that you can only bet one amount at any one time, and can only reraise a set number of times, per street. This limits the number of decisions available to you, and as a result there is usually a more definitive answer of whether a particular play is right or wrong.

Learn to distinguish between bad play and bad luck. This requires both some knowledge of poker and sober self-assessment. Learn some odds — it will contribute to a positive outcome.

I have played enough poker to have been dealt pocket aces many times (220-to-1). Only once have I been dealt pocket aces at the same time as someone else.

Many low limit players will automatically call preflop with any two suited cards. What are your odds of making a flush by the river with that starting hand? The answer is around once every 15 hands. Compare those odds to your preflop call with and a flop containing two more hearts. Now what are your odds to make a flush on the turn or river? The answer is a little more than once every three times.

How much are you required to bet? How much will you win? Do you see why it is called 'competitive algebra'?

Learning to play LHE well also sometimes appears to contain elements of psychotherapy. Look at your behavior, assess it accurately, and change the parts that are hurting you.

Poker Strategy Fixed Limit Definition

The default mechanism that is prevalent among many losing players includes a tendency towards superstition ('oh, seat 8 is hot'), blindness ('he hit runner-runner again' while not recognizing the times that happened in your own favor), and nonsense ('if you hadn't gotten up to go to the bathroom, those would have been my cards') — not science, statistics or rationality.

But you will spurn fake news and instead embrace rationality, empiricism, and a brutally honest assessment of the factors impacting your results.

Learn what the rake is and understand its importance. Few players actually calculate this. Some don't even notice the money going down the rabbit hole. A typical low limit game will deal around 35 hands per hour. If you don't believe this ask the dealers how many hands they get out in a 30-minute shift. Particularly if they keep their own tokes, they are trying to move the game along.

For simplicity's sake, let's assume a rake of up to $5 (and perhaps a dollar more for jackpots and/or promotions). Not every pot is raked to the maximum, but even if the average is a total of $4 per hand (for example), that means that $140 is coming off the table every hour. If the table is full with 10 players, then it is costing you at least $14/hour to play.

Add tokes when you win a pot, and you need to win at least $17/hour to break even. Difficult yes, but possible. Especially in Las Vegas late at night with less than sober tourists.

Which brings us to table selection. Some broad generalizations include that tight retirees dominate daytime versions of low limit. As evening approaches more liquor and younger players appear. If you are playing at a vacation destination, the play will be looser. Your opponents will include those who have already decided to lose hundreds of dollars as 'the price of entertainment.' Fine by me!

That's when you will see and hear the most amazing stuff at the table. Someone calling your preflop raise with will crack your pocket aces. Resist the impulse to berate your opponent. Quietly tell yourself that you want players like this at the table. That money is coming back. You just hope it comes back to you!

Poker Strategy Fixed Limit Credit Cards

If you are running bad, don't imitate your opponents' poor play. Patience. More patience. If you are playing blackjack, you must play the cards you are dealt. Here, unless you are in a blind, you can toss away poor cards — and at no cost. Take advantage of this. Patience.

Read a book. Almost no one else has. I recommend Winning Low Limit Hold'em by Lee Jones or Small Stakes Hold'em by Ed Miller, David Sklansky, and Mason Malmuth.

Read these and you will gain insight into the value of position and timely aggression. You will learn when to play big pairs and when to play suited connectors. You will learn when to let go of your hand, how to deal with maniacs, and why your opponents really will hit their lucky card on the river more than you will (because by only playing premium hands, you will win more often without having to hit that two-outer). The money invested on these books will be recovered in your next session.

Finally, keep an accurate tally of what has happened. Saying to your pals, 'I win sometimes, I lose sometimes' or 'I had a good session' or 'wow, I really got beat last Friday' can be a thin attempt to delude yourself. Especially given the impact of variance, having accurate, sober statistics over a period of time is the true measure of whether you are making progress.

(Thanks to my pal Ashley for being my mentor and for driving.)

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Fundamentals of Poker - Limit Texas Hold'emMason MalmuthTwo Plus Two Magazine, Vol. 8, No. 12

• General Guidelines
• Seven Card Stud
• Limit Texas Hold'em

Limit Texas hold ’em is deceptive. It appears easy to play, yet beneath that simple facade lies a game of extraordinary complexity. Many variables must be considered when making decisions, and figuring out the correct play is often difficult. So before we discuss specific hands and how they generally should be played, here are some tips that will help you determine the best course of action.

Know what the best possible hand is and how likely it is to be out.

With certain upcards, the potential for many different strong hands increases. With other upcards, however, the number of combinations is dramatically reduced. For example, if the board is the

no one can have a straight, a flush, or a full house. The best possible hand is three kings.

Whether someone is holding the best possible hand, which in the poker vernacular is referred to as “the nuts,” frequently can be determined by the number of players in the pot and the previous action. The more players there are and the more betting and raising that have taken place, the more likely it is that one of your opponents has the nuts.

Recognize when you hold the best possible hand.

Although this tip is actually a continuation of the one just given, its importance is such that it rates a separate listing. If you have the nuts and fail to recognize it, you will miss betting and raising opportunities which in turn will cost you money. And thinking you have the best possible hand when you don’t can be even more expensive. However, by paying close attention to the board, you will avoid making these costly errors.

As an example, if the board is the

and you hold ace-king, you can’t be beat. You therefore should get as much money as possible into the pot. But if the board shows the 3[diamond] instead of the 3[spade], you can lose to a flush and should proceed with caution.

Position is significant.

Texas hold ’em is known as a fixed-position game as opposed to a random-position game. In other words, the order in which the players act each round is predetermined, rather than determined by the strength of the exposed cards as it is in stud. We have already noted the advantage of acting last in poker. This means that you should be more selective of the hands you play in early position than of those you play in late position.

Don’t overrate suited hands.

Having two cards of the same suit definitely makes your hand better, but many beginning players tend to overrate the value of suited cards. In short, a hand like ten-six almost always should be thrown away, whether it’s suited or not.

High cards are much better than low cards.

It’s just as easy to make a pair when you have high cards as it is when you have low cards. If you hold the

your opponent has the

and both of you flop a pair, you have the better hand. Thus, you would prefer to have your hand made up of big cards.

Poker Strategy Fixed Limit Income

Poker Strategy Fixed Limit Rules