I have decided to study Janda's Applications Of No Limit Hold'em.
I spoke to a few people before choosing this book to study next so thanks for everyone's input! A few people did point out some problems I might encounter by studying it and I thank them especially for that and I hope they/you don't think I am ignoring you!!
Of course I will remain open minded and if at some stage I decide it is not beneficial to me right now then I can ditch it!!
My main reason for studying it is not to start changing my play style in any way but more to understand more about the game and possibly the mathematics of it. Hopefully it will help me understand why we do certain things in certain spots too.
I envisage encountering lots of strategies/concepts that I don't understand. Whenever that happens I will break away from the book (assuming the book does not explain it itself) and find resources that will help me to understand it more until I feel ready to carry on again.
Just do it.....
Studying Janda - Day 1
A CAUTION: At the beginning of the book there are a few notes of a precautionary nature. A lot of the book will be about continuing in hands to prevent villains bluffing with all of their holdings. This will mean we will/would bluffcatch a lot. Obviously this will not be the optimal line against "timid" players who never bluff and players who only value bet the top of their range. I think this is what a lot of people were telling me to be aware of too!
INTRO: I will quote "Players who understand theory well will usually be the players best able to recognize and exploit their opponents mistakes and also to make sure that their opponents are not able to easily exploit them". I am not worried about being exploited at my games yet but I am interested in being able to use this to recognize not just peoples mistakes but why they are actually mistakes. I think there is a good chance this will suit my learning style.
BASICS:
Calculating Pot Odds: Now this is stuff that I know but I will be honest and say that each time I have to think about this it takes me too long too figure out the necessary maths. This is bad, I should know this to the level of unconscious competence. It is time to break away already!!!
With regard to calling. To calculate pot odds we look at the size of the pot and the cost of calling. If Player A bets $40 into a $60 pot Player B is faced with (possibly) calling $40 to win $100. The pot odds are $100 to $40 or 10 to 4. For the call to be profitable he must win 28.57% of the time (worked out x = 4/(4+10). I am not a maths geek but I would guess this comes from 0 = (x * current pot size) - ((1-x)* cost of calling).
To help me get this tied down I am going to do four examples.....
1. On the river player A bets $24 into a $35 pot.
Player B is getting pot odds $59 to $24 so to be profitable he has to win more than 24/(24+59) = 0.289 = 28.9% of the time.
2. On river player A bets $22 into a $22 pot.
Player B is getting pot odds of $44 to $22 or 2 to 1 so to be profitable he has to win more than 1/(1+2) = 0.33 = 33% of the time. (hmm interesting!)
3. On river Player A bets $11 into $31 pot.
Player B is getting pot odds of $42 to $11 so to be profitable he must win more than 11/(42+11) = 0.2075 = 20.75% of the time.
4. On river Player A overbets $25 into a pot of $15.
Player B is getting pot odds of $40 to $25 or 8 to 5 so to be profitable he must win more than 5/(8+5) = 0.385 = 38.5% of the time.
I just found this in my database....
So already I am thinking Player B can't seem to do worse than 50%!!! This must mean something about how often Player A can bluff but its hurting my head just now!!
For anyone interested I write my notes out first like this....
and this....
(thanks to my 2 year old boy for the help!!)
Next is odds for bluffing..... (but I am going out for a steak now so will catch up later
)