As the name indicates, Five Card Stud Poker is played with five cards, dealt one at a time. Here is how it is played. The 5 Card Stud Poker begins with each player being dealt one card down ? the hole card - followed by one card up. The card is issued starting from the left of the dealer. easy cards tricks
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If there is bring-in, the player with the lowest ranking upcard should pay the bring-in. Betting starts only after that. The betting begins with the player showing the lowest card by suit - spades (highest), heart, diamonds, and clubs (lowest) ? with a forced bet of half the lower limit. The next player, to the left, has the next turn to challenge the bet, call, or fold, and so on until all the players are finished. On the other hand, if there is no bring-in, the betting begins with the player showing the highest ranking upcard, the preference being given to the player sitting first in the clockwise direction should any two players have the same ranking upcard. No suit rankings are used in this case to break the tie.
After the first betting round of Five Card Stud Poker is over, the players are dealt another face-up card (after the burn card that is useless). Betting now starts with the player whose upcards constitutes the best poker hand (no flushes, straights or full houses). From this round onwards, the player who acts first can check or bet until the game's upper limit. However, if a player bets at the higher limit, in the subsequent rounds as well, the betting limit must be also at the higher limit. One can't come down once a player once bets at the higher limit. From the foregoing, it is clear that the betting limit will be the highest in the last two rounds. infrared contact lenses
The second betting round of Five Card Stud Poker is followed by dealing a third upcard to the players, and the betting again begins with the player whose upcards constitutes the best poker hand. Therefore, it is imperative that the first player to act in each round will change. Post the fourth betting round ? similarly done - is the showdown, but that happens rarely. In most cases, the game ends even before that when a player bets and receives no calls. However, if a showdown indeed takes place, it is the first player to show his hand will be the last person to show strength with a raise or bet. In showdown, all the five cards are used, and the player holding the best poker hand claims the pot. If there be a tie, the pot is split.
Around the world, the five card stud poker is played in different variants ? Mexican Stud, Canadian Stud, Telesina, Crocodile Stud, Asian Five Card Stud etc ? to name a few.
Tuesday, December 24, 2013
Tuesday, December 17, 2013
Poker and Pot Odds
The Independent Chip Model (ICM)
Independent Chip Modeling (ICM) determines your equity share of the prize pool in a tournament based on the stack sizes of the remaining opponents and the probability of your finish. With these probabilities, a dollar value can be associated with your stack size. marked poker
ICM is usually much more prevalent in SNGs, but can also apply when there are large payout jumps at the final table of a tournament. Most experienced SNG players are very familiar with ICM and it’s use, but may not understand the mechanics behind it, or how to calculate it by hand.
The need for ICM stems from a non-linear value of tournament chips. In all SNGs that are not winner-take-all, or in the heads-up stage, the chips that you risk will be of a lesser value than the chips you stand to gain.
For example, in a 6-man $20 SNG, with prizes of $84 for first place, and $36 for second place, you start with 1500 chips worth $20. If you win you’ll finish with 6 times as many chips as you started with (9000), which are worth 4.2 times as much money as you started with ($84). That may not seem fair, but all of the prize money is distributed at the end, so if you know how to use ICM as a weapon, you will end up with the lion’s share of the prize pool much more often than 1 in 6 times.
The Mechanics behind Calculating ICM.
Poker and Pot Odds
In poker there are good bets and bad bets – the game is simply a way of determining who can
tell the difference. This is where the concept of pot odds comes into play. Put simply, pot
odds means is there enough in the pot to call a bet.
The fundamental principle of playing a drawing hand in poker is that you need a pot big
enough to call. When we have a flush draw or a straight draw we will make our hand on the
next card almost 20% of the time (19% for flush and 17% for the straight draw). That is, 20%
of the time we will make our desired hand and 80% we won’t. The ratio 20 to 80 can be
expressed as odds of 4-to-1. Therefore, if the pot is $80 we can almost call a $20 bet to
break-even. I say almost because we have to make a profit so, a call of $20 is appropriate
when there is more than $80 in the pot. marked cards
Know the Odds
You should already know how to calculate odds based upon the number of “outs”. If you don
’t know the odds of hitting certain common draws then please go back and study our previous
lesson on calculating odds and outs in poker. For the benefit of this lesson we’ll include
the handy chart below:
Table: Odds and outs from the flop and the turn to the river:
Chart of common poker odds and outs
PDF chart for poker drawing oddsWe have created a printable PDF version of the poker drawing
odds chart (opens in a new window). You will need Adobe Acrobat on your computer to view it
on screen. We recommend you print the chart and be sure to memorize these odds, particularly
the common draws – as your time is better spent analyzing your opponents’ play rather than
attempting to perform mathematical calculations in your head.
Independent Chip Modeling (ICM) determines your equity share of the prize pool in a tournament based on the stack sizes of the remaining opponents and the probability of your finish. With these probabilities, a dollar value can be associated with your stack size. marked poker
ICM is usually much more prevalent in SNGs, but can also apply when there are large payout jumps at the final table of a tournament. Most experienced SNG players are very familiar with ICM and it’s use, but may not understand the mechanics behind it, or how to calculate it by hand.
The need for ICM stems from a non-linear value of tournament chips. In all SNGs that are not winner-take-all, or in the heads-up stage, the chips that you risk will be of a lesser value than the chips you stand to gain.
For example, in a 6-man $20 SNG, with prizes of $84 for first place, and $36 for second place, you start with 1500 chips worth $20. If you win you’ll finish with 6 times as many chips as you started with (9000), which are worth 4.2 times as much money as you started with ($84). That may not seem fair, but all of the prize money is distributed at the end, so if you know how to use ICM as a weapon, you will end up with the lion’s share of the prize pool much more often than 1 in 6 times.
The Mechanics behind Calculating ICM.
Poker and Pot Odds
In poker there are good bets and bad bets – the game is simply a way of determining who can
tell the difference. This is where the concept of pot odds comes into play. Put simply, pot
odds means is there enough in the pot to call a bet.
The fundamental principle of playing a drawing hand in poker is that you need a pot big
enough to call. When we have a flush draw or a straight draw we will make our hand on the
next card almost 20% of the time (19% for flush and 17% for the straight draw). That is, 20%
of the time we will make our desired hand and 80% we won’t. The ratio 20 to 80 can be
expressed as odds of 4-to-1. Therefore, if the pot is $80 we can almost call a $20 bet to
break-even. I say almost because we have to make a profit so, a call of $20 is appropriate
when there is more than $80 in the pot. marked cards
Know the Odds
You should already know how to calculate odds based upon the number of “outs”. If you don
’t know the odds of hitting certain common draws then please go back and study our previous
lesson on calculating odds and outs in poker. For the benefit of this lesson we’ll include
the handy chart below:
Table: Odds and outs from the flop and the turn to the river:
Chart of common poker odds and outs
PDF chart for poker drawing oddsWe have created a printable PDF version of the poker drawing
odds chart (opens in a new window). You will need Adobe Acrobat on your computer to view it
on screen. We recommend you print the chart and be sure to memorize these odds, particularly
the common draws – as your time is better spent analyzing your opponents’ play rather than
attempting to perform mathematical calculations in your head.
Sunday, December 15, 2013
Talk about a professional student
Talk about a professional student: Ferguson spent thirteen years as a graduate student at UCLA, earned master’s degrees in both math and computer science and a doctorate in computer science. He also played online poker before it became the phenomenon it is today by playing “play money” games with the now-obsolete Internet Relay Chat (IRC) client software. His extensive knowledge of game theory and probability have made him one of the leading players in the game today, with more WSOP bracelets, final tables and cash finishes than any player in the last ten years. infrared contact lenses
One of the ways Greg Raymer supplemented his poker bankroll was to sell fossils to other players as card protectors. Even after winning five million dollars at the 2004 WSOP Main Event, he still sells fossils on his website – not that his bankroll needs the help. With his aggressive style and trademark holographic glasses, Ty-Raymer-Saurus Rex doesn’t look like he’ll go extinct anytime soon.
AKA: The Nerd Who Started It All, Moneymaker was a pudgy accountant for a Tennessee restaurant chain when he played in an online satellite for a seat in the 2003 WSOP Main Event. At one point in that tournament, Moneymaker considered dumping off his chips to win the $8000 consolation prize instead of the $10000 “lottery ticket”. Instead, his friend talked him into taking the chance and he hasn’t looked back since. The ripples of the “Moneymaker Effect” are still being felt today with larger tournament fields, bigger prize pools and more major tournaments offered every week.
Varkonyi may best be known as the last WSOP Main Event winner before The Great Poker Boom. Bald, bespectacled and short in stature, Varkonyi still looks like the guy the seniors shove into lockers and steal his lunch money. With his $2 million win in 2002, his bullies can now dine on steak and lobster! He has also had some brushes with greatness in his own right. His coach for both this 2002 and 2003 WSOP runs was also the mastermind behind the infamous MIT Blackjack Team. His win also forced “Poker Brat” Phil Hellmuth to shave his head to pay off a bet. Anyone who can humble “The Greatest No Limit Hold’em Tournament Player Alive™” to that extent deserves the respect of nerds everywhere. cheat poker
Before he turned 21, Phil Gordon earned a degree in computer science from Georgia Tech. Before he turned 27, he earned more than a million dollars after Cisco Systems bought out his start-up company. Before he was 30, he had traveled across the country and visited every major league baseball stadium. If all of those accomplishments don’t make people feel small enough, he also stands 6’9” – he can look down on basketball stars LeBron James (6’8”) and Kobe Bryant (6’6”)!
One of the ways Greg Raymer supplemented his poker bankroll was to sell fossils to other players as card protectors. Even after winning five million dollars at the 2004 WSOP Main Event, he still sells fossils on his website – not that his bankroll needs the help. With his aggressive style and trademark holographic glasses, Ty-Raymer-Saurus Rex doesn’t look like he’ll go extinct anytime soon.
AKA: The Nerd Who Started It All, Moneymaker was a pudgy accountant for a Tennessee restaurant chain when he played in an online satellite for a seat in the 2003 WSOP Main Event. At one point in that tournament, Moneymaker considered dumping off his chips to win the $8000 consolation prize instead of the $10000 “lottery ticket”. Instead, his friend talked him into taking the chance and he hasn’t looked back since. The ripples of the “Moneymaker Effect” are still being felt today with larger tournament fields, bigger prize pools and more major tournaments offered every week.
Varkonyi may best be known as the last WSOP Main Event winner before The Great Poker Boom. Bald, bespectacled and short in stature, Varkonyi still looks like the guy the seniors shove into lockers and steal his lunch money. With his $2 million win in 2002, his bullies can now dine on steak and lobster! He has also had some brushes with greatness in his own right. His coach for both this 2002 and 2003 WSOP runs was also the mastermind behind the infamous MIT Blackjack Team. His win also forced “Poker Brat” Phil Hellmuth to shave his head to pay off a bet. Anyone who can humble “The Greatest No Limit Hold’em Tournament Player Alive™” to that extent deserves the respect of nerds everywhere. cheat poker
Before he turned 21, Phil Gordon earned a degree in computer science from Georgia Tech. Before he turned 27, he earned more than a million dollars after Cisco Systems bought out his start-up company. Before he was 30, he had traveled across the country and visited every major league baseball stadium. If all of those accomplishments don’t make people feel small enough, he also stands 6’9” – he can look down on basketball stars LeBron James (6’8”) and Kobe Bryant (6’6”)!
Tuesday, December 3, 2013
Know your Competition
As mentioned in the last element, opponent knowledge is paramount to all aspects of winning poker play but it does take on a different dynamic when set mining. Experienced and, therefore, observant foes are well aware of this tactic and will realize that you did not raise pre-flop so if you get too frisky after the flop they are able to get away from many hands. There is nothing more frustrating than hitting a set on the flop, betting too big and having all opponents muck their hands. If you hit the “Mother Lode” then come out of the mine with some gold! On the flip side of losing your customers is to know, or at least feel fairly certain, that you have an opponent or two that simply cannot lay a decent hand down regardless of the action. Weak, calling stations are a set miner’s delight. They are passive pre-flop (good, you can get in cheap) and when they hit a little piece of the flop, such as making middle pair, will not release that hand if you make the bets reasonable.
Set mining can be fun and rewarding if approached with caution and discipline. You must possess the discipline to release your unimproved small pairs when it appears that you are running uphill. When faced with this dilemma simply ask yourself why you played them to begin with … the answer should be in order to hit a set not to check, call all the way to the river against a superior hand. That is the exact behavior you want in your foes. Do not allow yourself to become one of them!!! marked cards
Knowing that statistically you will only be successful in making your set once out of every eight attempts tells you that it should only be attempted when the situation is right, not as your “every time you hold a small pair” default play.
Remember, if it becomes your default play then you just might become the canary in the mine.
You certainly do not want to utilize a poker strategy which, if abused, could have a
negative impact on your ability to chirp or hold onto your chips!
Since he just sat down at the table, I have no idea what he would have done. I don’t know whether he was familiar with his opponent’s playing style, so I’ve no idea what percentage of time he would have figured his opponent for a bluff. But if he read his opponent for a flush and assigned only a small percentage to the chance that his opponent was trying to steal the pot, folding still would have been the smart play.
The outcome of the hand is not important here. What matters is that the guy who misread – or more likely, really never even took a good look – at his opponent’s stack size, committed a very basic error. He didn’t look before he leaped. So eager was he to play his own hand for its intrinsic merit, he never considered what his opponent might be holding, nor did he account for the number of chips in his stack.
I’m just guessing, but I suspect that if this same opponent had been at the table for 15 minutes or longer when this confrontation happened, the results would have been quite different. The new player probably would have acclimated himself to the table, not jumped in with both barrels blazing, and taken the time so size up his opposition and have some rough idea of each opponent’s chip count.
Poker is unique among sports in that it has no warm-up period. Every other athletic endeavor has its own pre-game rituals of getting ready to play. But poker players don’t get dealt a few practice hands when they first sit down; they have to pony up real money and play it for all it’s worth.infrared contact lenses
Poker pro Barry Tanenbaum has said on more than one occasion that he likes to win the very first hand he plays. There are lots of reasons for this, but one of the more subtle ones is that it forces you to take a look around, scope out your opponents, and have a pretty clear idea of how your hand stacks up to your opponent before you commit an entire buy-in to it, even if that commitment is less than enthusiastic and made almost inadvertently.
Set mining can be fun and rewarding if approached with caution and discipline. You must possess the discipline to release your unimproved small pairs when it appears that you are running uphill. When faced with this dilemma simply ask yourself why you played them to begin with … the answer should be in order to hit a set not to check, call all the way to the river against a superior hand. That is the exact behavior you want in your foes. Do not allow yourself to become one of them!!! marked cards
Knowing that statistically you will only be successful in making your set once out of every eight attempts tells you that it should only be attempted when the situation is right, not as your “every time you hold a small pair” default play.
Remember, if it becomes your default play then you just might become the canary in the mine.
You certainly do not want to utilize a poker strategy which, if abused, could have a
negative impact on your ability to chirp or hold onto your chips!
Since he just sat down at the table, I have no idea what he would have done. I don’t know whether he was familiar with his opponent’s playing style, so I’ve no idea what percentage of time he would have figured his opponent for a bluff. But if he read his opponent for a flush and assigned only a small percentage to the chance that his opponent was trying to steal the pot, folding still would have been the smart play.
The outcome of the hand is not important here. What matters is that the guy who misread – or more likely, really never even took a good look – at his opponent’s stack size, committed a very basic error. He didn’t look before he leaped. So eager was he to play his own hand for its intrinsic merit, he never considered what his opponent might be holding, nor did he account for the number of chips in his stack.
I’m just guessing, but I suspect that if this same opponent had been at the table for 15 minutes or longer when this confrontation happened, the results would have been quite different. The new player probably would have acclimated himself to the table, not jumped in with both barrels blazing, and taken the time so size up his opposition and have some rough idea of each opponent’s chip count.
Poker is unique among sports in that it has no warm-up period. Every other athletic endeavor has its own pre-game rituals of getting ready to play. But poker players don’t get dealt a few practice hands when they first sit down; they have to pony up real money and play it for all it’s worth.infrared contact lenses
Poker pro Barry Tanenbaum has said on more than one occasion that he likes to win the very first hand he plays. There are lots of reasons for this, but one of the more subtle ones is that it forces you to take a look around, scope out your opponents, and have a pretty clear idea of how your hand stacks up to your opponent before you commit an entire buy-in to it, even if that commitment is less than enthusiastic and made almost inadvertently.
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