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In this hypothetical situation, the two of us are arrested for jointly committing a crime. If neither of us talks, we both get off with light sentences.
However, if one of us snitches on the other, the snitch will get off with no punishment at all, while the person who doesn't talk gets a harsh sentence.
If we both snitch, we both get a harsh sentence , since each person's testimony can be used against the other.
Even though we would be best off with the first scenario nobody talks , each individual is better off from collaborating with the authorities, regardless of what the other does if I don't snitch, you should snitch to get off free, and if I do snitch, you should definitely snitch as well.
In an environment where players are rewarded for taking advantage of each other, it may not be worth acting cooperatively, even if all sides would be better off by doing so.
Except for the super-deep stacks who can chip up on the bubble with no risk of busting, the remaining players benefit from any confrontation that leads to elimination.
Thus the two players in the hand are only hurting themselves, by trying to bust each other. And yet, it's not possible for them to collaborate toward a mutually beneficial solution.
Reacting to an opponent's attempts to run you over is so natural to a thinking poker player, framing it in terms of GTO poker can seem almost superfluous.
Of course your opponent has a strategy. You have some idea of what that strategy would be with various hands, and your job is to take that into account when executing your own strategy.
As you adjust your strategy to an opponent's strategy, he or she will adjust to yours, and so forth. For heads-up limit Texas hold'em , the University of Alberta team took this process to its logical conclusion, publishing their results earlier this year in Science magazine.
Using a network of computers, they set two strategies loose, repeatedly adjusting to each others' play. This sounds complicated, and I'm simplifying what they did slightly.
Somewhat confusingly, the University of Alberta team claims both to have "solved" heads up limit hold'em , and also that they found just one GTO equilibrium for heads-up limit hold'em, and that there are likely to be other equilibria for the game, left to be discovered.
This seems to imply that four-betting on the button is wrong, or at least not as profitable as is disguising the hand by flat-calling the three-bet.
A cash table is a lot simpler to organise, since you just need to set the stakes and start with or less big blinds.
To avoid the game going on and on, with some losing players not wanting to get stuck down, it's always better to decide a fixed number of hands to play, at the end of which the game ends.
Generally, you should estimate 10 to 20 hands per hour. For example, a hand game will last around 3 hours. This is one of the most debated topics in every home poker game.
Which is the fairest way to organise a payout? There are loads of solutions, of course, depending on how many players have joined the game or how many buy-ins are in the prize pool after the re-buy period has ended.
Another nice option is to pay only 1 st and 2 nd place, with 3 rd place getting their buy-in back. You could even go for a 'winner-takes-all' payout, which is recommended for 4 or 5-handed games, to spice things up.
The main difference you'll find in home poker games, versus a regular live table at a casino, is having a separate poker dealer.
Having a person who just deals the cards speeds up the action and helps control the table. Unless you can hire someone for few hours to deal, home poker games can be slower and more confusing.
That's why it's probably a good move to leave the whole process in the hands of the most experienced player at the table.
Even if nobody wants to be solely in charge of this 'dirty' job, it's better to choose one person to oversee the bets and chips in the pot.
Here we are a few bits of advice that will ensure that your home game pals have more fun and avoid any unpleasantness:.
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Obviously, you are aware of many different software options for online games, but if you are organizing a live tournament or home game with your friends, you will not get away without a good poker clock.
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Take your time, review all of the poker tools here and I am sure you will find some of it very helpful. More info! Free Poker Cheat Sheets.
Best Poker Software List. Best Poker Training Sites Online. Texas Holdem Rules. Poker Rules For Different Games.
Best Poker Tips For Beginners. Texas Holdem Strategy Tips. Poker Hands Rankings and More. Best Poker Books.
Best Poker Movies. This is a rule of life and it is the rule in poker as well, do you think that everyone is born a champion poker player?
They might be born with great mathematical skills or logical skills but poker is much more than just maths and logic. It is part gut feel and part luck as well, every time you play the game you feel like it is a new situation; and that you have learned something new which you can deploy later on.
The game is tough. The game is hard but the game is rewarding to those who put in those long hours; practicing and perfecting their play. Your email is safe with us.
We won't share it with anyone. If you're striving for something serious, you can run a home poker league, but there's nothing stopping you making things a little more fun by adding side games and forfeits as well.
It's your game, choose your place and do as you wish. Since poker is technically no less of a game than something like Monopoly or chess, you should be able to play anywhere in the world if there's no money involved.
Once you throw a stake into the mix, though, things can become a little more complex. Laws can differ from place to place, but in countries such as England and Scotland, it's perfectly legal to play poker even with a stake in place so long as it's played 'non-commercially', and the house doesn't make a profit from the game.
Any stake-based game is forbidden since all forms of 'gambling' are strictly illegal. Suffice to say, if you are planning to whip out you home poker set, it's probably wise to check out the local gambling laws before shaking the cobwebs off Granny Ann's best antique card table!
Home games are all about fun, so hosting a good game is mainly down to accommodating who will be there.
Remember, it's all about making everyone feel welcomed and relaxed.