Author David Sklansky
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Synopsis of David Sklansky's Theory of Poker
Discusses theories and concepts applicable to nearly every variation of the game, including five-card draw (high), seven-card stud, hold 'em, lowball draw, and razz (seven-card lowball stud). This book introduces you to the Fundamental Theorem of Poker, its implications, and how it should affect your play. Other chapters discuss the value of deception, bluffing, raising, the slow-play, the value of position. Poker, blackjack, other casino games, sports betting, and general gambling concepts. This book contains some of the most sophisticated gambling ideas that have ever been put into print. The Theory of Poker By David Sklansky A product of Two Plus Two Publishing FOURTH EDITION SEVENTH PRINTING April 2005 Printing and ind gCr el Printing Co. Las Vegas, Nevada. LibraryThing Review Arguably the best book on the mathematics and game theory of poker. Lays out the Fundamental Theory of Poker, and then uses it (with copious examples) to walk the reader through.
- Other chapters discuss the value of deception, bluffing, raising, the slow-play, the value of position, psychology, heads-up play, game theory, implied odds, the free card, and semibluffing. Many of today's top poker players will tell you that this is the book that really made a difference in their play.
- Arguably the best book on the mathematics and game theory of poker. Lays out the Fundamental Theory of Poker, and then uses it (with copious examples) to walk the reader through exercises that will.
Theory of Poker by David Sklansky discusses theories and concepts applicable to nearly every variation of the game, including five-card draw (high), seven-card stud, hold'em, lowball draw, and razz (seven-card lowball stud). This book introduces you to the Fundamental Theorem of Poker, its implications, and how the theorem should affect your play. Other chapters discuss the value of deception, bluffing, raising, the slow-play, the value of position, psychology, heads-up play, game theory, implied odds, the free card, semibluffing, and much more. Many of today's top poker players will tell you that this is the book that really made a difference in their play. That is, these are the ideas that separate the experts from the typical player. Those who read and study this book will literally leave behind those who don't, and most serious players wear the covers off their copies. In many ways, this is probably the best book ever written on poker.
Excerpt from the Book Theory of Poker : Check Raising
Check raising and slowplaying are two ways of playing a strong hand weakly to trap your opponents and win more money from them. However, they are not identical. Check raising is checking your hand with the intention of raising on the same round after an opponent bets. Slowplaying, which we discuss in more detail in the next chapter, is playing your hand in a way that gives your opponents no idea of its strength. It may be checking and then just calling an opponent who bets, or it may be calling a person who bets ahead of you. When you slowplay a hand, you are using deception to keep people in for a while in order to make your move in a later round. Clearly, then, a hand you slowplay has to be much stronger than a hand with which you check raise. Check raising can drive opponents out and may even win the pot right there, while slowplaying gives opponents either a free card or a relatively cheap card.
THE ETHICS OF CHECK RAISING
There are some amateur poker players who find something reprehensible about check raising. They find it devious and deceitful and con sider people who use it to be less than well-bred. Well, check raising is devious and it is deceitful, but being devious and deceitful is precisely what one wants to be in a poker game, as is implied by the Fundamental Theorem of Poker.
Checking with the intention of raising is one way to do that. In a sense, check raising and slowplaying are the opposites of bluffing, in which you play a weak hand strongly. If check raising and slowplaying were not permitted, the game of poker would lose just about as much as it would if bluffing and semi-bluffing were not permitted. Indeed the two types of play complement one another, and a good player should be adept at both of them. The check raise is a powerful weapon. It is simply another tool with which a poker player practices his art. Not allowing check raising in your home game is something like not allowing, say, the hit and run in a baseball game or the option pass in a football game. Without it poker loses a significant portion of its strategy, which, apart from winning money, is what makes the game fun. I'm much more willing to congratulate an opponent for trapping me in a check raise than for drawing out on me on a call he shouldn't have made in the first place -- and if I am angry at anyone, it is at myself for falling into the trap.
NECESSARY CONDITIONS FOR CHECK RAISING
Two conditions are needed to check raise for value -- that is, when you expect you might be called by a worse hand. First, you must think you have the best hand, but not such a great hand that a slowplay would be proper. Second, you must be quite sure someone behind you will bet if you check. Let's say on Fourth Street in seven-card stud someone bets with
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showing, and with
you're getting sufficient pot odds to call. Now on Fifth Street you catch a king to make kings up. Here you might check raise if you are pretty sure the player representing queens will bet.
This second condition--namely, that someone behind you will bet after you check--is very important. When you plan to check raise, you should always keep in mind that you could be making a serious, double-edged mistake if you check and no one bets behind you. You are giving a free card to opponents who would have folded your bet, and in addition you are losing a bet from those who would have called. So you had better be very sure the check raise will work before you try it.
CHECK RAISING AND POSITION
When you plan to check raise with several players still in the pot, you need to consider the position of the player you expect will bet because that position determines the kind of hand you check raise with, to a large extent. Let's say you have made kings up on Fifth Street, and the player representing queens is to your right. Kings up is a fairly good hand but not a great hand, and you'd like to get everybody out so they don't draw out on your two pair. You check, and when the player with queens bets, you raise. You are forcing everyone else in the hand to call a double bet, the original bet and your immediate raise, and they will almost certainly fold. You don't mind the queens calling your raise, for you're a big favorite over that player. However, if he folds, that's fine too.
Now we'll place the player representing queens to your left instead of to your right. In this case you should bet with kings up even though you know the player with queens will bet if you check and even though you think you have the best hand. When you bet in this spot, you are hoping the queens will raise so that the double bet will drive out the other players in the pot, just as your check raise was meant to do in the other instance. And if that opponent does raise, you can now reraise.
Suppose that instead of kings up, the king on Fifth Street gives you three kings. Now you are much stronger than you were with two pair, and your hand can tolerate callers. Therefore, you would use the opposite strategy you employed with kings up. With the probable bettor to your right, you should bet, and after everyone calls, you hope that bettor raises so that people will be calling a single bet twice (which they are much more likely to do than to call a double bet once). On the other hand, if the probable bettor is to your left, then you check the three kings, and after that player bets and everyone calls, you raise. Once again, you are inviting your opponents to call a single bet twice and not a double bet once.
In sum, the way you bet or check raise depends on the strength of your hand in relation to what you can see of the other hands and the position of the player you expect to bet or raise behind you when you check or bet. With a fairly good hand, like kings up or aces up in seven stud, you try to make opponents call a double bet because you d like to drive them out. With a very good hand like three kings or three aces you play to induce your opponents to call a single bet; then you confront them with having to call another single bet. In this case, you don't mind their staying in since you're a big favorite over them.
CHECK RAISING WITH A SECOND-BEST HAND
While you generally check raise because you think you have the best hand, it is frequently correct to check raise with a second-best hand if the play will drive other opponents out. The principle here is identical to the principle of raising with what you think is the second-best hand as it was explained in Chapter Nine and Chapter Thirteen. If the probable best hand is to your immediate right, you can check, wait for that player to bet, then raise so that the rest of the table will fold rather than call a double bet. While you may not be the favorite, you have still increased your chances of winning the pot, and you have the extra equity of whatever dead money is in the pot from earlier betting rounds.
Sometimes you can check raise with a come hand like a four flush if there are many people in the pot already and you don't expect a reraise, for you are getting good enough odds, especially if you have a couple of cards to come. This play should usually be made only when the probable bettor is to your immediate left; then the other players will call that bettor before they realize you are putting in a raise. You do not want to drive players out because you want to get the correct odds for your raise. Coin master daily free spin app.
SUMMARY
The factors you must consider when you plan to check raise are:
- The strength of your hand
- Whether someone behind you will bet after you check
- The position of the probable bettor
To check raise with a hand with which you want to thin out the field, you want the probable bettor to your right so that people will have to call a double bet to stay in. With a very strong hand and with most come hands, you want the probable bettor to your left so the other players in the hand might call that bettor's single bet and then be invited to call your raise.
Other Books Written by David Sklansky
'Poker takes a minute to learn but a lifetime to master.' So said Mike Sexton, a renowned American poker player, which is a fact in the poker community. Many books have been written on how to excel in playing poker, and each has its unique strategies. However, there is a considerable amount of buzz surrounding David Sklansky's The Theory of Poker.
David Sklansky, the Pioneer of the Mathematics of Poker
Before discussing the book, I took the privilege of knowing the author. David Sklansky was born on December 22, 1947, and was raised in Teaneck, New Jersey. He has three World Series of Poker bracelets, and his live tournament winnings are over a million dollars. Sklansky is also a prolific author, writing and co-writing 14 books on poker and gambling theory.
He was nicknamed 'The Mathematician' by those around him due to his obsession with the game's mathematical approach. He also inclines towards provable long-term profitable poker strategies, thus writing The Theory of Poker.
What's Valuable in Sklansky's Book
The Theory of Poker was first published in 1987, and since then, there have been new books about poker strategies. But what sets David Sklansky's book apart from the rest?
For one, the book has an abundance of ideas, strategies, and insights that are still applicable and widely used today. Though the contents are defined countless times in different media, this book doesn't make it feel repetitive. Each topic is presented in a way the reader will not be confused or startled.
However, Sklansky put a disclaimer on the preface of the book. He said that the book is intended for players in general but those who know poker's fundamentals. He added that the readers 'want to delve deeper into the inner workings of the game.'
Moreover, he stated that it's not a 'how-to book,' and it doesn't give you an answer to a given situation. Rather it remedies the question, 'What do you consider in this particular situation before determining what to do?' It explains the game's logic and examines every aspect of a poker hand (i.e., ante structure).
Poker Is All About Mathematics
Formerly entitled Winning Poker, the book also laid out poker mathematics and heuristics. The first one he discussed was the mathematical expectation: the money a player is expected to win or lose. Moreover, a player can gauge the game and if they're going to push through with it or not.
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Sklansky used a full house in a five-card draw as an example for the mathematical expectation. The best move when a player before you bets is to raise. However, raising will make the two players after you to fold. Another option is to call the player ahead of you, in which the two behind you will follow suit. Thus, calling is more advantageous and yields a higher and positive expectation.
He also introduced implied odds and reverse implied odds. Implied odds are the ratio of the money you expect to win to the cost of calling a bet. Three statements are surrounding this concept:
- The larger the potential bets' sizes, the greater the implied odds are.
- You'll get lesser implied odds if the strength of your hand is visible or known by your opponents.
- Weaker players equate to higher implied odds.
Oppositely, reverse implied odds is the ratio of the money you'll lose to the cost of your opponent's bets. This concept is the result of an average or mid-strength hand or draw.
The main attraction of this book is the Fundamental Theorem of Poker. He said that when you play a hand differently, they gain if you can see your opponent's cards. However, if you play a hand the same way as if you can see your opponent's cards, they'll lose.
Sklansky Dollars
David Sklansky also introduced the Sklansky Dollars (or Bucks) to the world. The term is used to define the money you expect to win or lose based on your equity. It is based on Sklansky's Fundamental Theorem of Poker. The formula of the Sklansky is as follows:
Sklansky Dollars = [ (Final Pot Size) x (Equity) ] – Last Call Amount
They do not hold any value and are primarily used for post-game analysis. You can use this concept to improve your games in the future.
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For example, you have A♥ A♠, and your opponent has Q♦ Q♣. The final pot size is $100 because both of you went all-in, and the last call amount is $50. Your equity is 80.86%. Replacing the formula with the data, it should look like this:
[100 x 0.809 ] – 50 = 30.9
The Sklansky dollars for the given situation is $30.9. Hypothetically, you could have won the Sklansky dollars.
The Theory of Poker vs. Doyle Brunson's Super/System
You can't blame people for comparing two somewhat similar things. Like other things, The Theory of Poker has been compared to other books about poker. One of these books is Super/System by Doyle Brunson, published in 1978.
The Theory Of Poker By David Sklansky
CHECK RAISING AND POSITION
When you plan to check raise with several players still in the pot, you need to consider the position of the player you expect will bet because that position determines the kind of hand you check raise with, to a large extent. Let's say you have made kings up on Fifth Street, and the player representing queens is to your right. Kings up is a fairly good hand but not a great hand, and you'd like to get everybody out so they don't draw out on your two pair. You check, and when the player with queens bets, you raise. You are forcing everyone else in the hand to call a double bet, the original bet and your immediate raise, and they will almost certainly fold. You don't mind the queens calling your raise, for you're a big favorite over that player. However, if he folds, that's fine too.
Now we'll place the player representing queens to your left instead of to your right. In this case you should bet with kings up even though you know the player with queens will bet if you check and even though you think you have the best hand. When you bet in this spot, you are hoping the queens will raise so that the double bet will drive out the other players in the pot, just as your check raise was meant to do in the other instance. And if that opponent does raise, you can now reraise.
Suppose that instead of kings up, the king on Fifth Street gives you three kings. Now you are much stronger than you were with two pair, and your hand can tolerate callers. Therefore, you would use the opposite strategy you employed with kings up. With the probable bettor to your right, you should bet, and after everyone calls, you hope that bettor raises so that people will be calling a single bet twice (which they are much more likely to do than to call a double bet once). On the other hand, if the probable bettor is to your left, then you check the three kings, and after that player bets and everyone calls, you raise. Once again, you are inviting your opponents to call a single bet twice and not a double bet once.
In sum, the way you bet or check raise depends on the strength of your hand in relation to what you can see of the other hands and the position of the player you expect to bet or raise behind you when you check or bet. With a fairly good hand, like kings up or aces up in seven stud, you try to make opponents call a double bet because you d like to drive them out. With a very good hand like three kings or three aces you play to induce your opponents to call a single bet; then you confront them with having to call another single bet. In this case, you don't mind their staying in since you're a big favorite over them.
CHECK RAISING WITH A SECOND-BEST HAND
While you generally check raise because you think you have the best hand, it is frequently correct to check raise with a second-best hand if the play will drive other opponents out. The principle here is identical to the principle of raising with what you think is the second-best hand as it was explained in Chapter Nine and Chapter Thirteen. If the probable best hand is to your immediate right, you can check, wait for that player to bet, then raise so that the rest of the table will fold rather than call a double bet. While you may not be the favorite, you have still increased your chances of winning the pot, and you have the extra equity of whatever dead money is in the pot from earlier betting rounds.
Sometimes you can check raise with a come hand like a four flush if there are many people in the pot already and you don't expect a reraise, for you are getting good enough odds, especially if you have a couple of cards to come. This play should usually be made only when the probable bettor is to your immediate left; then the other players will call that bettor before they realize you are putting in a raise. You do not want to drive players out because you want to get the correct odds for your raise. Coin master daily free spin app.
SUMMARY
The factors you must consider when you plan to check raise are:
- The strength of your hand
- Whether someone behind you will bet after you check
- The position of the probable bettor
To check raise with a hand with which you want to thin out the field, you want the probable bettor to your right so that people will have to call a double bet to stay in. With a very strong hand and with most come hands, you want the probable bettor to your left so the other players in the hand might call that bettor's single bet and then be invited to call your raise.
Other Books Written by David Sklansky
'Poker takes a minute to learn but a lifetime to master.' So said Mike Sexton, a renowned American poker player, which is a fact in the poker community. Many books have been written on how to excel in playing poker, and each has its unique strategies. However, there is a considerable amount of buzz surrounding David Sklansky's The Theory of Poker.
David Sklansky, the Pioneer of the Mathematics of Poker
Before discussing the book, I took the privilege of knowing the author. David Sklansky was born on December 22, 1947, and was raised in Teaneck, New Jersey. He has three World Series of Poker bracelets, and his live tournament winnings are over a million dollars. Sklansky is also a prolific author, writing and co-writing 14 books on poker and gambling theory.
He was nicknamed 'The Mathematician' by those around him due to his obsession with the game's mathematical approach. He also inclines towards provable long-term profitable poker strategies, thus writing The Theory of Poker.
What's Valuable in Sklansky's Book
The Theory of Poker was first published in 1987, and since then, there have been new books about poker strategies. But what sets David Sklansky's book apart from the rest?
For one, the book has an abundance of ideas, strategies, and insights that are still applicable and widely used today. Though the contents are defined countless times in different media, this book doesn't make it feel repetitive. Each topic is presented in a way the reader will not be confused or startled.
However, Sklansky put a disclaimer on the preface of the book. He said that the book is intended for players in general but those who know poker's fundamentals. He added that the readers 'want to delve deeper into the inner workings of the game.'
Moreover, he stated that it's not a 'how-to book,' and it doesn't give you an answer to a given situation. Rather it remedies the question, 'What do you consider in this particular situation before determining what to do?' It explains the game's logic and examines every aspect of a poker hand (i.e., ante structure).
Poker Is All About Mathematics
Formerly entitled Winning Poker, the book also laid out poker mathematics and heuristics. The first one he discussed was the mathematical expectation: the money a player is expected to win or lose. Moreover, a player can gauge the game and if they're going to push through with it or not.
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Sklansky used a full house in a five-card draw as an example for the mathematical expectation. The best move when a player before you bets is to raise. However, raising will make the two players after you to fold. Another option is to call the player ahead of you, in which the two behind you will follow suit. Thus, calling is more advantageous and yields a higher and positive expectation.
He also introduced implied odds and reverse implied odds. Implied odds are the ratio of the money you expect to win to the cost of calling a bet. Three statements are surrounding this concept:
- The larger the potential bets' sizes, the greater the implied odds are.
- You'll get lesser implied odds if the strength of your hand is visible or known by your opponents.
- Weaker players equate to higher implied odds.
Oppositely, reverse implied odds is the ratio of the money you'll lose to the cost of your opponent's bets. This concept is the result of an average or mid-strength hand or draw.
The main attraction of this book is the Fundamental Theorem of Poker. He said that when you play a hand differently, they gain if you can see your opponent's cards. However, if you play a hand the same way as if you can see your opponent's cards, they'll lose.
Sklansky Dollars
David Sklansky also introduced the Sklansky Dollars (or Bucks) to the world. The term is used to define the money you expect to win or lose based on your equity. It is based on Sklansky's Fundamental Theorem of Poker. The formula of the Sklansky is as follows:
Sklansky Dollars = [ (Final Pot Size) x (Equity) ] – Last Call Amount
They do not hold any value and are primarily used for post-game analysis. You can use this concept to improve your games in the future.
Free Poker Books Pdf
For example, you have A♥ A♠, and your opponent has Q♦ Q♣. The final pot size is $100 because both of you went all-in, and the last call amount is $50. Your equity is 80.86%. Replacing the formula with the data, it should look like this:
[100 x 0.809 ] – 50 = 30.9
The Sklansky dollars for the given situation is $30.9. Hypothetically, you could have won the Sklansky dollars.
The Theory of Poker vs. Doyle Brunson's Super/System
You can't blame people for comparing two somewhat similar things. Like other things, The Theory of Poker has been compared to other books about poker. One of these books is Super/System by Doyle Brunson, published in 1978.
The Theory Of Poker By David Sklansky
Like Sklansky, Brunson is also a prominent member of the poker community. He is known as a two-time champion of the World Series of Poker (WSOP) Main Event and is an inductee of the Poker Hall of Fame. Brunson primarily titled his work How I Made Over $1,000,000 Playing Poker, and many significant poker players wrote sections of the book.
Big win cat slot. Two things make Super/System different from other poker books:
- The book is beginner-friendly. It was noted that when Brunson's book was published, some professional poker players got irritated because of the simplicity of the book. It gave too much information that can make even the amateurs catch up with the professionals.
- The book exhumes aggressiveness or the ‘fast' aggressive style of playing poker. Brunson admits that his whole career is based on the willingness to take risks. This trait is easily depicted in his book.
Most people think that poker is a game of luck and bluffing. However, as said by Sklansky, 'it is profound, rich, and full of subtlety.' The Theory of Poker is a must-read for those players who want to step up their game. However, this book is not for the faintest of the heart. The book demands a significant investment from its readers, as they need to break down the concepts over several read-throughs.
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