Some say you shouldn’t ever gamble unless you have the best of it. But most of the really successful gamblers I’ve ever met sometimes are willing to wager when they’re not sure they have an edge.

Why? It’s simple. Suppose someone challenges you to tennis. You know the challenger is no athlete, but neither are you. Fine. You might turn out to have the worst of this bet. But here’s the big secret. It’s often worth finding out! If the challenger is not a sophisticated gambler and seems to have a lot of funds to lose, you should risk taking the worst of it. Ideally, if you find out you’re the poorer tennis player, you’ll back off or just make small sociable bets for an hour to be polite. If you find out you’re the favorite, you’ll keep playing and try to increase the stakes.

This tactic is used by most all-around successful gamblers worldwide, whether they have reasoned it out or just do it instinctively. The point is that you don’t always need to have the best of it. If it turns out that you don’t, you might lose a little. If it turns out that you do, you’ll probably win a lot.

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Here’s one of my favorite hold ’em plays that you can use quite often without opponents adapting.

You have a flush draw on the flop — two of your suit in your hand, two on the board. You’re last to act. Everyone checks to you. Bet. Sometimes you’ll win the pot immediately without a struggle, but even if you don’t, you’ll frequently have helped your cause.

Now, everyone is apt to check to you on the 4th board card (the turn). If you make your flush, you just keep betting, natural as natural can be. If you miss, you check along. And the great thing is that you get a free card which could have costs double in common limit games where the size of bets increase after the flop. The final (river) card is also effectively free, because if you miss, you’ll usually fold.

There’s another twist to this tactic. You don’t want to overuse it, because astute players may catch on and adapt, but one of the built-in tools of deception comes from mostly betting these flush draws when you have at least one card higher than the board. That way, you have additional chances of making top pair and continuing to bet on the turn.

When this happens, many opponents won’t notice at the showdown that you were originally betting the flush draw. They sometimes just see the top pair and forget when you made it or how. This psychologically camouflages the fact that you’re often betting flush draws “on the come,” hoping to get a free card.

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Many poker players complain that small-limit rake games are so loose that good players with solid strategies can’t win in the long run. That’s wrong. You should never complain about these small-limit games being too loose. In fact, you probably wouldn’t be able to beat these games if you were against sensible opponents, even if you had a skill advantage.

Why? It’s because the rake in small-limit games is a larger burden compared to the size of the pot. While you might outplay more conservative opponents, you probably won’t be able to overcome the rake. You need those super-loose opponents to overcome the rake, even though it may be frustrating because they hang in there and draw out on you so often. Just remember, you’ll have to endure that frustration to win.
This poker tip is by industry professional Mike Caro. If you too are a USA-based poker player, play and chat with top professionals online at Bookmaker Poker or BetOnline Poker.

Against very weak opponents, it’s usually not necessary to randomize your decisions. You don’t need to be very deceptive, because a straightforward strategy will usually earn the most money. But against more experienced players it’s a good idea to mix it up, as long as you don’t sacrifice too much in the process.

But how do you randomize? There are many ways to do this, some simple, some elaborate. One very easy way is to decide to choose the standard play for close decisions (such as mostly calling, but sometimes raising) three-quarters (75 percent) of the time and the exception one-quarter (25 percent) of the time. For situations in which a three-to-one ratio of standard play to exception seems reasonable to you, you can simply consider the suit of the FIRST card dealt to you. If it’s a spade, choose the exception and raise (for the sake of this example). If it’s any other suit, go with the standard play and just call.

As an extra precaution against the unlikely event that an opponent will catch on, you might change the exception suit from time to time. You could change it each session or even each hour.

This tip is from poker pro, Mike Caro.

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Here’s another quick tip from professional poker player, Mike Caro.

Although you can often call profitably with a small pair against a long line of players in hold ’em, when you’re in late position and no one has entered the pot, it’s different. Then, you should usually raise, not just call.

The reason is that against many players, you’re trying to take advantage of pot odds by calling and seeing the flop. You realize that you’ll almost certainly need to improve your hand to win against that many opponents. But when you’re in late position, you can raise hoping to end up one-on-one or to win the blinds outright. If you do end up against just one opponent, there’s a good chance your small pair might be enough win the pot, affording you an extra chance to win that you would seldom enjoy against many opponents. The raise is designed to chase players out and give yourself that extra chance to win.

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When you’re down to your last few chips and can play for just the cost of the ante or blind, you should often wait to rebuy until after the hand! That’s because there are no better pot odds you than to be able to see the showdown for free with everyone else at the table matching your money with their antes.

If it’s a blind they’re matching, only some will voluntarily call. But, even then, the point is powerful: Other opponents may knock each other out of the competition, while you remain to see the showdown. You’ll often arrive at the showdown with hands you couldn’t have afforded to call with if you’d had more money. This means you have an extra opportunity to get lucky and “draw out” — and that’s worth enough to defer your rebuy until the next hand.
This poker tip is contributed by poker pro Mike Caro.

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Have you ever found that you start some tournaments well, but in others you just can’t get “tuned in”? What should you do about it?

Let us consider a trained athlete just before he/she runs in the 100-meter final at the Olympics. What do they do? Are they in the bar having a beer or chatting with their friends in the crowd? Not usually. They’re typically going out of their way to block out all outside interferences. They may be sitting with their heads in their hands or standing with their heads bowed.

What do they think about? Winning. Having that gold medal placed around their necks.

How do they achieve the focus that everyone talks about? They probably mentally go through races that they’ve won. They pump themselves up by recalling past victories in their minds.

Let’s apply this to poker.

First though, go through all the hands that you’ve played badly (this will take some people longer than others). Think about hands that you’ve played that have knocked you out of tournaments at crucial stages. The time that you played A-Q (or even that lousy A-J) against a good player’s pre-flop raise, hit the Ace on the flop and then decimated your chip stack. The time that you called a raise for all your chips with pocket sevens or the time that you made an early position raise with pocket nines, fell in love with them and refused to pass for a re-raise on your left.

Now that that’s out of the way, think about hands you’ve played well: The perfect reads that you’ve put on opponents because everything seemed so transparent, the final tables that you’ve made and the tournaments that you’ve won. Can you remember the way you played through those victories, how quickly the time seemed to pass, and how confident you felt? This is how you can gain the “poker focus” that you need and slip straight into your “A” game at the start of the next tournament that you play.

Mike Caro once said that when you join a poker game, you should say to yourself, “I am a great poker player; a powerful winning force surrounds me.” I believe it’s a technique worth trying.

In the Great British Poker Tour Grand Final in Bristol back in December 2007, I found myself up against several really good players at the TV final table. Roland de Wolfe and Barny Boatman were both there, as well as Neil Channing and “Bambos” Xanthos. It was a while since I had won an event and I wanted that feeling back.

I tried to remember which victories had felt the best, and the one that came to mind was winning the Irish Open. I took myself back to that table in Dublin and before long found that I was playing with renewed confidence and using all my strengths to my best advantage. You know what’s kind of funny as well: When you get into that zone, you kind of seem luckier. That’s what players mean when they talk about making your own luck!

Joe Beevers

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With all but the most powerful of hands, you always can justify just calling, rather than raising, when you’re in a blind position. Remember that you will be in poor position throughout future rounds of betting (except if you’re the big blind against only the small blind). This gives you less of an advantage than it may seem, and makes a raise questionable.

Also, when you’re in a blind, it costs you less voluntary money to call than it costs other players. This means you’re often getting a good deal to call, based on pot odds (the amount in the pot versus the amount it costs to call). But when you raise, the proportion of the money you’ve already blinded becomes less significant, and your pot odds diminish. It’s hard to justify reducing pot odds with marginally strong hands when you’ll have poor position on future betting rounds.

Do this: When you’re conspicuously winning and faced with a borderline decision between checking and betting, bet… AND between calling and raising, raise.

But… when you’re conspicuously losing and faced with a borderline decision between checking and betting, check… AND between calling and raising, call. These adjustments works like magic, and they’re pure profit.

This poker tip is from poker professional, Mike Caro

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The Difference Between Aces And Kings In Hold’em
In hold ’em, you hear a lot of talk about aces and kings being the ultimate hands. That’s true, but don’t be too quick to put them in the same category, as many players do. A pair of aces before the flop logically belongs in a category all to itself.

Here’s how often each hand wins against nine opponents holding random hands when everyone stays to the river…

A-A = 31% (21 percentage points higher than a fair share)

K-K = 26% (16 percentage points higher than a fair share)

What really makes the difference is that, when you consider actual betting strategy, A-A is much more likely to gain extra bets and to stay out of trouble. For this reason, in the hands of a professional, A-A can be almost twice as profitable as K-K overall in a full-handed game.

That’s something to keep in mind.

Are Kings Almost As Profitable As Aces In Hold’em?
Kings are nowhere near as profitable as aces in hold ’em. Although the difference is much slighter between smaller adjacent pairs, such as eights and sevens, there’s a very large gap between aces and kings in terms of profit when played correctly. Averaging all situations together, figure aces to be worth about 40 percent more than kings.

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Mike Caro’s Poker Tip of the Month: Adjusting to Wins and Losses.

Many of your opponents will treat you differently when you’re winning than when you’re losing. That’s because they’re conscious of luck and fear you more when you’re “running lucky.” When this happens, everything is as it should be in the universe, and your opponents are easier to control. You can bet marginal hands for value that you wouldn’t be able to otherwise — because you’d be afraid that these same opponents would be inspired by your losses and would raise aggressively or play deceptively.

It’s true. When you’re winning, your foes are apt to be docile and well behaved, and this allows you to press every hand for maximum value without fearing that they’ll get maximum value for their hands, too. But, wait! What’s the best way to adjust, depending on whether you’re running good or bad? Simple. Most of your decisions in poker will be “borderline,” meaning that the decision isn’t especially clear.

Do this: When you’re conspicuously winning and faced with a borderline decision between checking and betting, bet… AND between calling and raising, raise.

But… when you’re conspicuously losing and faced with a borderline decision between checking and betting, check… AND between calling and raising, call. These adjustments works like magic, and they’re pure profit.

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