Monday, March 10, 2008

Should You Calculate Odds At Micro Stakes Level?

When you read all the poker books written by poker legends, professionals and mathematicians, you will inevitably come to a chapter or two devoted to calculating odds. Pot odds, implied odds, inferred odds, do I have the right odds to call, have I raised high enough to make calling on a draw the wrong play? It’s a very important part of playing poker – live poker or high stakes poker.

When you’re playing poker at the online micro stakes level, calculating odds and basing your game on those calculations is virtually pointless. *Gasp* Heresy in a poker blog. I did say “virtually” so keep reading and I’ll tell you why.

At the higher stakes levels of poker everyone’s pretty well playing by the same rules and those rules are dictated by the odds. If you’re sitting on a draw and the bet is half the pot, you work out the cost of calling and the amount you’d win if you hit and compare that with your chances of hitting. You make your play accordingly. Your opponent knows this and will be betting to try to make that decision difficult or easy depending on whether they think they’re in front or behind in a hand.

At the online micro stakes poker tables, there’s barely enough time to decide on an amount to bet, let alone figure out what the odds for the other guy might be. (And with the newly introduced Speed tables at Party Poker, there’s even less time). Now, I might be completely naive here, but micro limit poker players don’t calculate odds. At least judging by the betting/calling patterns they don’t. If they do it’s on a far greater plane of mathematics than I’ve ever visited. The majority of micro stakes genii play any two cards and if they hit a pair on the flop, they bet, if they’re on a draw, they call (no matter what the price some of them) and if they miss they check and fold.

Of course, this doesn’t mean that you should leave yourself languishing at the level of the majority of micro stakes poker players – and that’s why I stuck that “virtually” in there earlier. You want an edge when you play poker and the micro stakes level is no different.

Your edge will be gained by committing the basic odds you might come across to memory. It’s handy to know, for example, that the chances of hitting your flush draw is 19% and the chances of hitting your gut-shot straight draw is around 9%. Many micro stakes players chase their draws on a regular basis. Knowing that they’re an 80% dog when they do this should make you a more confident tiny stakes poker player – just don’t bother trying to calculate the odds to try to push them off their draw.

1 comment:

EvertonYorkie said...

Agree with this post.
The main reason that I haven't been successful so far in my quest is that I expect all of the players to be on the same par as me, meaning that they calculate odds, and fold if a bet is too large when they are on a draw. Though this is often not the case, causing me to lose a lot of $$$ when they hit on the river!

Nice post, keep the updates coming :) .