Good Texas Hold'em Strategy

1. Texas Hold'em Equity Calculator
2. Hold'em Equilab
3. Texas Hold'em Equipment

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Although it's possible to talk about Texas Hold'em strategy indefinitely, due to the game's subtle complexities, we've compiled three of the most salient pieces of poker advice every aspiring pro should know.

Pulling off fancy bluffs and check-raising the river with a small value bet may be enticing propositions. However, if you haven't mastered the basics, then you'll never have the ability to play like Phil Ivey and run these sorts of complex plays.

With this in mind, here are some good strategies online players with a burgeoning bankroll should commit to memory.

Cut Down the Amount of Hands You Play

One of the biggest mistakes novice players make when they first start playing Texas Hold'em is to get involved in too many hands.

Although the prospect of making a strong hand or bluffing our opponent is appealing, it's can actually be a major drain on your bankroll if you get involved in a lot of pots.

One important fact to remember is that if you play a lot of hands you will make a pair less than two-thirds of the time and this often means you'll have to fold a lot post-flop.

Texas Hold'em Equity Calculator

Secondly, if you do manage to make a hand it will be usually be weaker than average, which means you'll lose pots (and therefore money) at showdown more often.

Be More Aggressive

Hold'em Equilab

Coupled with a habit of playing more hands than is profitable, newbies will often adopt a passive strategy when they enter a pot.

Instead of raising or re-raising they will usually limp or call and allow another player to take control of the hand. This is potentially fatal because it means the passive player is more likely to be bullied into submission and, therefore, lose the pot.

There's an old adage in poker that you should try to remember if you want to avoid being passive and make more money: 'If a hand is not worth raising, then it's not worth playing.'

Texas Hold'em Equipment

Be More Active

Although standard online Texas Hold'em strategy advocates that you take regular breaks, the reality is that most professional grinders never stray too far from their computers.

It may not be the right thing to do, but many online poker pros will put in 18-hour sessions without a second thought for their health, or, indeed, the health of their bankroll.

In the world of Texas Hold'em online, volume is king and if you aren't prepared to sit for hours on end at a computer then being a professional isn't for you.

Always Try and Play in Position

Position is king at the poker table and before you enter any pot you should consider where you are in relation to the button, the blinds and to any active players. Essentially this means you should play more hands the closer you are to the button because you'll have the benefit of extra information. Sometimes playing out of position is unavoidable, but if you want to have the greatest advantage over your opponents it's important to always play in position.

Get Ready With Your HUD

Hand reading is a basic tenet of good poker, but when you're an online pro you can often get away with substandard powers of deduction by using your HUD. A Heads Up Display unit can uncover a multitude of tendencies on your opponent and help your decision making process immensely.

Most of you have probably heard something about game theory, a topic some poker players have gotten curious about and studied. If you're one of those players, you might also have heard of 'Nash equilibrium,' which is a concept that comes out of game theory.

'Nash equilibrum' is named after a mathematician named John Forbes Nash, Jr. who came up with the idea during the middle of the 20th century. Here is a definition:
'If each player has chosen a strategy and no player can benefit by changing strategies while the other players keep theirs unchanged, then the current set of strategy choices and the corresponding payoffs constitute a Nash equilibrium.'

Nash proved that if we allow mixed strategies, then every game with a finite number of players in which each player can choose from finitely many pure strategies has at least one Nash equilibrium. Do you follow? That means within any game if there are a finite number of strategies available, there's at least one combination where the strategies chosen will create a Nash equilibrium.

If you think about it, that means that every poker situation and poker in general has its own Nash equilibrium. In theory, if everyone plays perfectly, even no-limit hold'em is a solved game.

Should we start panicking? No, not yet.

First of all, there is a huge difference between knowing there is a Nash equilibrium and finding one. Right now we are able to find Nash equilibriums only in the easiest spots in NLHE -- say in a heads-up 'pushbot' (all in or fold) game, or when looking specifically at our river bet-call strategy. But it's getting too complicated if we try to do it in a harder spot -- indeed, in most spots.

Let's look at a small example.

We are playing three-handed, and only two players make the money. The blinds are 120/240. One player has 3,000 chips, we have 2,000, and a third player has just one chip.

The guy with one chip is on the button and he folds. We are in the small blind. Nash equilibrium here would be to push ~13% for us and the big blind to call ~7.5%. Ranges are that tight, because you don't want to bust out before the one-chip guy. But let's say guy in the big blind is a huge fish who would call us with [7][6]-suited and hands like that. That move is very unprofitable for him, but it's also very unprofitable for us -- to the point where our push becomes very, very negative EV.

The winner in this situation? That guy with one chip who folded. He is getting tons of value despite having just one chip and folding first to act.

As this example shows, using the range from Nash equilibrium does not guarantee you profit or even to break even. That's the most widespread misconception about 'GTO' or game theory optimal play -- that there exists an 'ideal' strategy that guarantees you at least breaking even, no matter how your opponents play. As we've seen that's not the case, because Nash equilibrium only works if everyone is playing perfectly. In fact, if someone is not playing perfectly and making mistakes, that can affect you in a negative way.

So don't worry... :) Poker will always be the game we love, a game where you constantly have to adapt to what others do. A game in which no 'secret math strategy that beats everything' exists.