By
bfactor |
Published
Dec 23 2005, 01:51 AM
I realize that there are many books out there on beating low
limit hold’em, but as you may notice, in the intro to most of them, it
mentions that although following the directions in the book will most
likely allow you to win at the game, there are ways to win even MORE
big-bets-per-hour at it using slightly more complex strategies, which
they usually don’t go into. I am not a pro by any means,
but I am a winning player at several games, one of which is low stakes
limit holdem (2/4, and 3/6). I have read all the well known books on
this topic, and I have played a lot of this game at several different
casinos, and over time I noticed that I was adjusting my strategy from
the “textbook” style quite frequently when the table conditions
necessitated it. In this article I will not just tell you what the
correct basic strategy is for low stakes limit hold’em I will share WHY
you are doing this, so that way you can see how you must properly
adjust to various abnormal conditions that will frequently arise at the
table. Here goes.
Some no-limit hold’em players make consistent and large sums of
money even though they are not that great at calculating odds, or doing
much math when they play. You might not believe this, but it is true.
How can this be? No limit hold’em is a mixture of math and
psychology/observation. If you are good enough at one, it can actually
more than make up for the other in many cases. Clearly it is much
better to be good at both, but being great at one can actually be
enough to be a winning player. That is no-limit holdem. That is not
what we are discussing today. We are discussing LIMIT holdem. It is
very very important that you get this through your head, as it is
probably the most serious problem that a lot of players have when they
try switching from no limit to limit. Limit holdem is NOT no-limit
holdem, so do NOT try to play them with the same mindset, or the same
strategies.
Limit holdem has many different levels of stakes to choose from.
Online you can find games as small as $.01 $.02, and in live casinos
you can usually find games as low as $2 $4, but the stakes can go way
up high, online up to around $150 $300, and in live casinos… well lets
just say they can be VERY high. The point is this. You can play any
stakes you want, but this article is dealing with LOW stakes holdem,
mainly $3 $6 and below, and at these stakes the game is nearly ENTIRELY
mathematical. Psychology and observation will help you a bit, but at
least 90% of you income will be off of the horrendous mistakes that
your opponents will be making, not off the great reads or observations
you will be making off them. That is why this article will be on the
math/statistics based portion of limit holdem. You can ask Mike Caro to
teach you the rest. Also, although it is math, and statistics based,
you will not see any math in the article. It is implied. I am assuming
you know how to calculate pot odds, and that you can trust me when I
say something like “according to statistics you need such and such a
hand to have the best hand on the flop on average”.
Limit hold’em is a game of matching your cards to the situation you
are in. What do I mean by this? Different hands are better at different
things. Some hands do well only when a lot of people are going to see a
flop with you, but nobody has raised, and other hands are going to be
better when almost nobody is in the hand with you, and YOU are the one
who raised. Some hands are not good in any situation. Some hands are
good in nearly any situation. The key is learning what hands match well
to which situations. So how do we determine this? I am about to tell
you.
According to math and probability, one can figure out what the
average winning hand is given various amounts of people seeing a flop.
For example, when only two people see a flop, just having one of your
two hole cards match ANY of cards on the board is going to mean that
STATISTICALLY speaking, you most likely hold the better hand. That
means bottom pair… yes… I am serious… and no I did not just tell you to
raise reraise and then reraise again with bottom pair against one
opponent. However, it is important to note that while bottom pair is a
statistical winning flop against one opponent, top pair top kicker, or
even an overpair to the board is NOT a statistically best hand on the
flop against 7 or 8 opponents. Two pair is. This means that if you hold
pocket aces in your hand, and the flop is queen ten 5 of three
different suits (a very safe looking flop) you are mathematically NOT
supposed to be holding the best hand on that flop on average. Not
because you are unlucky, and deserve to lose with your aces, but
because when you have 7 or 8 opponents, it is really just on AVERAGE
not going to be the best hand on the flop. So let’s review what we just
learned. Against 8 random opponents with unknown pocket cards, you are
most likely NOT holding the best hand on the flop if you have an
overpair to the board, but against 1 opponent you ARE most likely
holding the best hand with a mere bottom pair. It is very important
that you understand what kinds of strengths of hands you need in
relation to the number of players who saw a hand, because this will
play a HUGE role in what hands you will pick to play before the flop.
Now that you understand that the more people there are in a hand,
the stronger your hand needs to be to be an expected winner, we will
discuss how you will go about playing hands that will most often give
you a hand that you need in order to have the best hand at the table
the most often. Here is what we will do. Instead of JUST trying to
barely have the minimum statistical best hand for the situation, like
bottom pair against one opponent, or two pair against a bunch of
opponents, we will instead make it more fun. We’ll ensure our chances
of having the best have even further by playing hands that will either
flop a much stronger hand than the minimum required to beat the
statistical average top hand of the flop, or if the chance of having
the top hand is low (like when a lot of people see the flop) at least a
hand that gives the best chance at a draw to a hand that will beat the
statistical best hand. Here is what we’ll do:
1-3 opponents: We want to have a hand that is very likely to make
top pair top kicker, or if its just one opponent, just a hand that is
likely to make top pair, and good but not top kicker will be
acceptable. What hands do we want? It depends on how loose or tight
your table is, but at a loose table, you’ll want to have something like
A 10, A J, A Q, A K, K Q, K J, K 10, A A, K K, Q Q, or J J, in a
situation against one to three opponents. At a tighter table you will
only want something more along the lines of either A K, A A, or K K.
The idea is this. At a loose table, making top pair and a solid kicker
will earn you a LOT of money over time when you have between 1 and 3
opponents, because they are loose, and they will pay you off with
whatever they catch nearly every time, and what they catch will
normally be worse that what you catch, since you are going to be
catching at minimum top pair good kicker, and simply folding any time
you don’t. Every once in a while they will have you outkicked, or
simply hit a monster flop, or draw out on you, but in the long run,
having top pair good kicker against 1 to 3 loose opponents will net you
a lot of money. This is why you will only play hands that are likely to
hit top pair good kicker (or an overpair to the board), and that is why
I told you to play the hands that I mentioned above. If you look at
them, EITHER card in all of those hands has a very good chance of being
the top card on the board if it hits, so unlike king 2, where only ONE
of the two cards has a good chance of making top pair on the board, a
hand like King Queen has two different cards that are likely to hit the
top pair on the board, plus the other card is a big card as well,
meaning you will outkick you opponents the vast majority of the time
when you hit your pair. At a tight table, or a table where your
opponents are strong players, you cannot really play A Q, A J, A 10, K
Q, K J, K 10, because the times when you plow your way to the river and
then some with you top pair but merely good kicker only to find
yourself staring at their top pair top kicker will neutralize all the
profit you are making off the dolts who paid you off with hands weaker
than top pair good kicker. This is why it is much better to play at a
loose table, with a bunch of bad players than one with a bunch of tight
good players. In the one with bad players, they will always pay you off
with inferior hands to you top pair good kicker in this situation, as
well as hands that beat your hand, but the vast majority of the time
your top pair good kicker against 1 to 3 opponents will be the best
hand, so you will MAKE money over time. Whereas against good tight
opponents, you will still have the best hand on the flop the majority
of the time in this situation, but the problem is that they wont pay
your off when you have them beat, they will only pay up when THEY have
YOU beat, so it doesn’t work as well. Okay well that is the idea behind
the strategies you should use when you are seeing a flop with 3 or less
opponents.
Now if you have played low limit holdem for any reasonable amount of
time you probably already know that at most tables you wont be seeing a
flop with between 1 and 3 opponents, you will instead be seeing a flop
with between 4 and 8 opponents, probably around 6 opponents on average.
That is why this section is the most important section of the entire
article, since it deals with both by far the most common situation in
low stakes limit holdem, but also often the most profitable situations
in low stakes limit holdem.
Just as before, we want to have a hand on the flop that, given the
number of people who saw the flop with us, is likely to by far be the
best hand on AVERAGE. In this case that is not going to be so easy to
do like it was before. Against only a couple opponents, it was easy.
Pick a couple of big cards. See a flop, and if you hit one of them, you
will have the best hand on that flop the majority of the time. When you
have more like 6 opponents, instead of just 1 or 2 opponents, it gets
trickier, because you will want to have a lot better than just top pair
good kicker. Instead you will want either a set, a straight or a flush,
or better. You might be shocked that I want you to have such a strong
hand. Why not just two pair? You remember earlier I said that on the
flop having two pair is enough to statistically have the best hand even
with a bunch of opponents. Well that is true, but there are two
problems. The first is that we don’t want to JUST have a hand that is
the bare minimum best hand on the flop (just like how against 1 to 3
opponents we didn’t just want middle pair, even though that
statistically might have been right around what is expected to be
needed, we wanted better, we wanted top pair good kicker, to beat the
average best hand requirement by a cushy margin), we want to have a
hand that beats the minimum average best hand given then number of
opponents by quite a bit. This way we wont be putting in raises and
reraises with hands that are just barely probably the best hand but
maybe not. The second and more important reason why I want you to have
at LEAST a set on the flop, or a draw to the straight or the flush is
that although two pair might have been the best hand statistically
speaking on the flop, your opponents are NOT immune to picking up DRAWS
on that flop, so you want a hand that can usually survive not just the
flop, but also the turn and the river. This is why you want to play
hands that are most likely to give you a set, or a straight draw, or a
flush draw, or a straight or a flush on the flop, and of course if you
only have 4 opponents, you will need a bit less of a hand than if you
have 8 opponents, for instance against 4 opponents, any straight or
flush where you are using both of your two hole cards to complete the
straight or flush is a very very strong hand, but against 8 opponents,
you will instead want to simply have the nuts, or a draw to it, rather
than a non-nut straight or flush. Okay so now lets look at some of the
hands we want for this situation. We want any pocket pair, and suited
connector, any suited ace, and if the table is especially passive
preflop (rarely any raises preflop) even suited gapped connectors. The
idea is that these hands are the ones that are the most likely to give
you a set or a flush or a straight or a draw to a straight or to a
flush, and those are the types of hands we want to make, so that is why
these are the starting hands we want to play. Now how do we want to
play these hands? Well we want to play all of them the same way
preflop, in the exact opposite fashion of the hands we played against 1
to 3 opponents.
We want to play them as CHEAPLY as possible preflop. Unlike the big
cards we were playing against 1 to 3 opponents where we would raise
preflop, knowing that there was a good (roughly 1 in 3) chance that we
would hit the requirement of top pair good kicker in order to go on
with the hand, and thus not fear putting in some added money before the
unknown flop, since the flop would be appetizing a good portion of the
time, we are now playing cards that have only a slim chance of making
the required strength to fill our appetites. For example hitting a set
or better on the flop only happens about once in 8.5 flops seen, and
hitting a draw to a straight or to a flush also only happens pretty
rarely, so this is why we do NOT want to have the flop be as expensive
as possible before we know what it looks like, instead we want it to be
as cheap as possible. So what we want to do is simply call before the
flop with any of the hands I mentioned above, (the pocket pairs, suited
connectors, suited aces, and suited gapped connectors) and fold
everything else. Yes that means I’m telling you to play aces and kings
the same way you play 2s and 3s. This is because you will be folding
every time you don’t hit your set or flush or straight draw or better
on the flop, even if you have top pair good kicker, or an overpair to
the board. Those hands are simply not strong enough against such a
large number of opponents.
Now a lot of books you may have read talked a lot about “position,”
so you are probably wondering when I would get to that subject. Well it
turns out that you only really need to worry about position if you
table is aggressive before the flop. If your tables rarely ever raises
before the flop, you do not need to worry about folding 7 8 suited in
early position, and only playing it in late position, because it is
unlikely that anyone will raise between the time that you limp in and
the time that the big blind double taps his index finger on the felt.
At a table where this is a siginificant amount of raising before the
flop, position will matter, because you do not know whether it will be
raised after you limp in, so the more opponents there are to act after
you, the more likely it is that someone will raise after you limp in,
and the more strongly you are going to have to consider folding the
marginal hands that you want to play against a large number of
opponents, like suited gapped connectors and such. It is twice as
“good” to see a flop for one bet than for two with one of these flimsy
yet dangerous hands, that may flop a monster or draw to one, because
they rarely do it, so when it costs twice as much to see if they do or
not, that is just quite simply twice as bad as if it weren’t raised.
Think of it this way… say you were driving up to a bridge to cross a
canyon, but there was a big curtain in front of you, so you couldn’t
see if the bridge was there or not. Now say that there was a man
operating the curtain and he would let you get out of your car and peek
around the curtain to see if the bridge was there or not. If it is
there, you get to cross the canyon. If it isn’t you obviously don’t.
And it is very important that you know whether it is there or not,
because if it isn’t and you try to cross anyway, you will undoubtedly
die. Now say you can either choose to pay 5 dollars or 10 dollars to
peek across the curtain, which would you rather pay? 5 obviously!!!
That is essentially what is going on when you have these marginal hands
that you are looking to hit a big flop with against a bunch of
opponents. You are simply paying a FEE preflop and you want it to be as
small as possible. So when you have pocket aces in the dealer position,
and everybody at the table calls before it gets to you, DON’T raise,
just call and see the flop, and unless you hit your set or better on
that flop, you have to fold. If your table is aggressive preflop,
you’ll need to be folding most of the hands that I want you to play in
hands that have lots of opponents when you are in early and middle
position, because too often you will be double or triple charged to see
that flop when it gets raised or raised and reraised after you limp in.
This is too hefty a price to pay with most of the flimsy hands, so you
need to just assume the worst, and fold in preparation when you don’t
KNOW what is going to happen. When the table plays really passive
preflop, its as if you do KNOW what is going to happen even when you
don’t literally because you are I early position, because based on what
you have seen for the last hour, given that there has only been like 1
or 2 raises total, you can just assume it wont be raised, and then limp
with any of the hands I mentioned above. This explanation of position
that I just gave was probably pretty far off from what you thought I
would say. You probably thought I would mainly mention the importance
of position as far as how it affects the POSTFLOP rather than the
preflop, if you are a no limit player. Well in no limit it is true that
most of the importance of position is postflop, but in low stakes
holdem, post flop is purely mechanical. If you flop a hand that is less
than what I said you’d need to have given the number of opponents who
saw the flop with you, you fold. If you flop a draw to a required hand,
you go with it if you have the odds to call (if you don’t know how to
calculate pot odds, you can look it up in any of the major limit holdem
books, it is very simple) and fold it if you don’t. And if you make a
great but beatable hand, you try to make it as expensive as possible to
get outdrawn on as you work your way to the river, and if you have a
great and ubeatable hand you try to get as many chips as possible into
the pot out of your opponents by the river as humanly possible. And
that is it. Position just isn’t nearly as important in limit after the
flop, because you pretty much know what you are trying to do at any
given time, and if you are playing low stakes limit, which is what we
are discussing, you also know more or less what your opponents are
going to do (call, bet, raise…. Etc based on what you have seen… unlike
no limit where you may know he will raise you, but you don’t know if
he’ll raise you 10 chips, or 10,000 chips, where position can be very
important postflop).
Okay so lets sum it up. In low stakes hold’em we want to look at how
many players we are going to be in the hand with, and then play a hand
that matches this number of opponents. We want big cards that are
likely to make top pair when playing against a small number of
opponents, and we want cards that are likely to make straights, or
flushes, or draws to them on the flop when we are going to have a lot
of opponents. We also want to pick tables where there is minimal
preflop raising, and maximal players per hand, so that we can virtually
ignore position, knowing that when we limp in from early position with
5 7 of hearts, there is almost certainly not going to be an ugly raise
to deal with, and we will most likely get a nice juicy number of
opponents to play with post flop, in case we actually hit our big draw.
We want to stay away from tables that are aggressive preflop, if we can
choose ones that are more passive, because we are giving up profit when
we sit at tables where we need to fold almost everything, due to being
afraid that we might get our marginal hands raised after we limp in
from early or middle position. We want to always have the odds, or at
least the implied odds to chase our flush and straight draws post flop.
And lastly, after we make tens of thousands of dollars winning at low
limit holdem after reading this article we want to buy a car OTHER than
a Ford. –Merry Winter, James