Learn Crucial Information About Poker Pot Odds To Leave Your Competition in The Dust

The path to conquering your competition on online poker is in gaining as much knowledge as possible about your hand and your opponents, a major part of this is to understand pot odds and how they should impact your betting behaviors. The good news is that you do not have to be a genius at mathematics to calculate pot odds, and I will show you how to do it, it is a fairly simple process.

Most new Texas Hold Em players fail to recognize the importance of betting in-line with what their pot odds are. Good for us, bad for them. Now I assume you know all the simple poker terms that I will be using in this article to explain this concept e.g. outs, drawing hands etc. Hanging onto unprofitable drawing hands is one of the major leaks in many a player’s game. Following strict pot odds to make your draw decisions will help plug this leak!

To explain this concept I will walk you through a few examples.

e.g.1

Let’s You Have – Kc Jc

The Board shows – 2c 10d 5c

This is the point where we need to start calculating how many outs (number of cards in the deck that will make your hand the winning hand) we have. If a club comes up on the board that would give us a King high flush. If a King or Jack comes up we would have top pair. So we’ve worked through our options, now let’s figure out how many outs we have.

There are 9 clubs left in the deck + 3 Kings + 3 Jacks for a total of 15 outs. As far as we are concerned there are 47 cards left in play. So right now our odds of winning the hand are 15 out of 47. If we divide 15 by 47 and then multiply by 100, that will give us a percentage of 31.9%. A simpler way of looking at it is how many times does 15 go into 47, roughly 3 times or a ratio of 3:1.

Now we need to figure out how we are going to apply this knowledge to proceed with betting. If the pot is $50, and the amount and the bet to you is $10 – that is a 5:1 ratio (20%). Given that, we should definitely call or throw out a small raise.

Let’s assume that we are last to act and we call. Next is the turn and Jh comes up.

So not only do we have a pair, it also gave us a couple more outs. Our outs are now:

9 clubs left in the deck + 3 Kings + 2 Jacks 14 outs. If we divide 14 by 46 and times it by 100 we get a percentage of 30% or a ratio of about 3.2: 1. This means that we should call or bet as long as the pot size is more than 3.2 times the size of the call or bet you make. So if the pot is $100 and the bet is $20 to you, that is 5:1 ratio and we should call or raise.

Often you will have to bet to manipulate the pot odds offered to other players. A common example of manipulating pot odds is make a bet to protect a made hand that discourages opponents from chasing a drawing hand.

E.g

With one card to come, You have a made hand, but the board shows a potential flush draw. You want to bet enough to make it not worthwhile for an opponent with a flush draw to call, but You don’t want to bet more than you have to in the event the opponent already has you beat. How much should You bet?

Assume a $20 pot and one opponent. If You bet $10 (half the pot), when your opponent acts, the pot will be $30 and it will cost him $10 to call. The opponent’s pot odds will be 3-to-1, or 25 percent. If the opponent is on a flush draw (19 percent with one card to come), the pot is not offering adequate pot odds for the opponent to call unless the opponent thinks he can induce additional final round betting from you if the opponent makes his hand. On the other hand a $6 bet would make your opponent mathematically indifferent to calling.

While pot odds at times can seem a pain to calculate, where one has to keep up with so many cards, rest assured, its well worth the trouble

So how do pot odds help us from losing our chips and winning Huge pots? Let’s start by figuring out how pot odds help us from losing a lot of chips. Let’s say the bet was $50 to us in a $100 pot or 2:1, we are holding a flush draw and have 9 outs, this gives us a 19% chance of catching our card (around 5:1). Since the odds are worse than our odds of winning, we would be over betting our hand and in a position to lose more than we would get for our money, so we would fold our flush draw. Now to use pot odds effectively, using e.g. 1 , If the bet to us on the flop is $10 into a $100 pot we would call instantly as we have a flush draw and the possibility to catch top pair, all up we have 15 outs and we are getting a bargain as we are calling 10:1 ratio when our odds to win the pot are better than that. Since the bet is $10 we could still raise the pot up to $39 and be betting in accordance to our probability of winning the hand. Pot odds allow us to make large bets with confidence knowing that we are playing probabilities. So we raise to $35, that puts extra pressure on your opponent and he at this time may feel he is already beat, so you could take the pot right here. However there is still a large possibility you will still win the hand if your opponent calls, If someone was limping in with $10 into a $100 pot chances are they are fishing for one or two cards, where we have 15 cards that can help us.

Being able to increase bets when you have many outs or fold when the action is raised too high will allow you to minimize bad beats and give you chip leverage to take large pots when you hit your hand.

If you are serious about your online Poker Bankroll then Check out the FREE Software below which will instantly calculate pot odds for you in the middle of your hand and it also offers many other distinct features which put you at a huge advantage against your opponents. Remember if you have a distinct advantage over your Opponents you are guaranteed to be a consistently profitable poker player, after all we all know that we are after the Fish to make easy money and that is exactly what this software will help you do.

Finally, the most painless way I have found to memorize the common pot odds numbers is to print out or write down your cheat sheet, which can be found on the internet if you cant find please contact me and I will be happy to provide you with one, and refer to it as you play poker online. You will find yourself having to refer to it less and less, and eventually, not at all.

I’ve shown how to calculate pot odds and make wiser bets now combine this with good poker math, solid strategy and a lucrative poker bonus code here and there and you will see some major improvement in your poker bankroll!

10g ProGen Casino Clay Poker Chips Critical Overview

When you hold a poker chip in your hand, what exactly do you look for while you’re playing? Is it the design? Do you like the way it feels? Are the chips giving you that “casino-like” appeal? Whatever the reason may be, you probably won’t have to look any farther than the 10g ProGen Casino Clay Poker Chips. Granted, there are several different kinds out there, but we have come across a better one.

Granted, we are a little bias since the 10g ProGen Casino Clay Poker Chips are the only ones we have ever purchased on our own. See, our group of guys have never needed much in life. It seems as though each of us just want something that will look cool, and make the money transition between players run on a smooth pace. Needless to say, we’ve never had one issue since we switched to better poker chips.

One thing to understand about us is we all went to grade school, high school, and college together. In fact, Steve and Barry had a duel wedding, Brian and Tank (his real name is George) were born six hours apart (not related), Jack and I had new additions to our families in the same month. So you can see we are a tight knit group. This, of course, means that we all had to agree that the 10g ProGen Casino Clay Poker Chips were the best ones to purchase.

In order to come to this conclusion, everyone had to go out and find what they thought was the best poker chips for our Friday night games. Some of us went to local retail stores to see what we could find, while others took their search online. Listen, no matter what we chose, it would be better than having to get dollar bills and quarters before each game.

So after a week, everyone came together again for our nightly adventure of stories and gaming pleasure. It was pretty comical to say the least because everyone went from being a best friend to becoming a used car salesman. Back and forth, we went talking over the various benefits to each poker chip out there. Then Tank busted out his laptop and just said, “Look at these guys.”

He brought up a page that had the 10g ProGen Casino Clay Poker Chips on them, and started pinpointing all the differences between our chips to the ones he found. They really had many similarities when it came to the way they looked, the denominations, and all the colors available, which didn’t really excite anyone. However, it was the customization that made everyone’s wheels start spinning.

It had this inlay system that would allow you to put your own stamp on the product. They did offer their own centerpiece images, but being able to upload your own pictures made this a no-brainer. It was definitely our selling point, and after a small discussion, we decided that our image would be this old group photo we had from years ago. It was at Lake Watts in Tennessee during a fishing trip with our families that would bring us all together forever. Hopefully, the 10g ProGen Casino Clay Poker Chips will do the same for you.

The 90-10 No Limit Holdem Rule to Poker Winning Success

In 1906 Italian economist, sociologist and philosopher Vilfredo Pareto observed that 80% of Italian property was owned by 20% of the population. This was later generalized into the “80/20 Rule” or the Pareto Principle. Most people have heard of the 80/20 rule. 80% of sales in a company are made by 20% of the salespeople. 80% your results are created by 20% of your time. There are a whole host of 80/20 rules that float around. Knowing this principle is only useful if you can apply it intelligently and consistently to a situation. When applied to the situation of No Limit Ring Poker (I’ll specifically be referring to Hold-em, although I’m sure it applies to other games) the rule becomes much more pointed. Once you learn this poker principle you should allow it have a great impact on how you play.

With all due respect to Mr. Pareto, he never played NL Ring Holdem, so we are going to call this rule “Winning Legal Online Poker’s 90/10 NL Ring Rule”. First let me tell you that this rule is real, and it’s statistically accurate. If you believe that AA is statistically more advantageous to play than 72, then you need to put this rule in the same part of your poker brain. Ponder it and find new ways to make it work for you.

Here’s Winning Legal Online Poker’s 90/10 NL Ring Rule:

90% of the MONEY you win playing NL Ring is won with the top 10% of poker hands… AND (for most tight/aggressive poker players) 90% of the money you LOSE playing NL Ring is lost to the top 10% of poker hands.

The first part of this rule is absolutely true for almost any NL Ring poker player. The 2nd part is only true if you aren’t a fish. Also, the 2nd part of the rule is a good way to monitor your play. If you are losing most of your money to hands like Top Pair Top Kicker (TPTK) or worse, then you really need to focus on learning how to play NL Ring Poker better. If you already read the book “Winning Legal Online Poker” then you will have already noticed that your sessions are pretty consistent. You win good money when your strong hands hold up. You lose some money when your strong hands keep running into better hands. But you win TONS of money when you have have top 10% hands hold up. And you lose a buyin plus when your really good hands run into top 10% hands.

Winning Legal Online Poker doesn’t change the 90/10 rule. It’s a rule, and as such it IS REALITY. However, the rule doesn’t state that you will lose 90% of the money you WIN to top 10% hands. It states that 90% of the money you lose is lost to top 10% hands. That may seem like word play, but it means you can reduce your losses, and thus increase your poker profits by managing your game with the 90/10 rule. Winning Legal Online Poker teaches you how to spot the top 10% hands and lose less $$$ to them, although as a % of money lost you’ll still find that 90% of your lost money will go to top 10% hands – EVEN WHEN YOU FOLD BEFORE THE RIVER.

There are plenty of instances where you fold AA or TPTK or even a better hand to a made flush or straight. You may have invested quite a bit of money into the pot, but you lost that money to a top 10% hand. Winning Legal Online Poker is devised to help you spot those instances when your good hands are beat by a top 10% hand and lose less money. Now the other part of the rule is that you will win 90% of your money with top 10% hands.

You see this happen all the time. You flop a set against a big pocket pair. You make a full house against a flush. You turn a straight against 2 pair. Of course there are times when the other person simply over values his hand and gives you chips. But you’re double-ups are generally these top 10% hands. This rule doesn’t mean that your top 10% hands ALWAYS make big money. In order to make big money with a top 10% hand Winning Legal Online Poker’s “Contested Pot Rule” (which is discussed in another article) must also be in effect. But there’s no doubt that your big wins come from these big hands. So how does this apply to your game? It’s pretty simple.

If 90% of your wins come from big hands and 90% of your losses are to other big hands, then you need to play the # of hands required to get more of the first while avoiding giving too much money to the 2nd. This is where the term “nut hunting” comes from. A lot of quality players are just playing for nut hands. That doesn’t mean they don’t play value hands for value, however. But you need to understand the Winning Legal Online Poker 90/10 rule and the Winning Legal Online Poker Contested Pot Rule as you play NL Ring poker.

If you are putting “extraordinary” amounts of money behind “ordinary” hands you are going to be a victim of the 90/10 rule. Each hand has a certain value. It has “card” value, but it also has MONEY value. Pocket tens preflop are not that great. You can make money with them, but you won’t make great money with them. You should play them for the value that they have, and not over-value them. As the hand plays their value may drop precariously (as overcards hit). However, if overcards DON’T hit then they still just have a certain maximum value, because you will generally get very limited action. If your TT remains the best hand on the board then no one else will want to put much money in the pot. The pot will be small. It will be a TT POT!! However, if you notice the pot going well beyond a TT pot, then you have to understand that your competition probably has better than a TT hand (even if the board doesn’t show it). This is how you can observe the 90/10 rule in action.

Preflop AA is a top 10% hand. It’s the best hand!! If you can get all your money and all someone else’s money in the pot preflop when you have AA then the 90/10 rule is working for you. However, once the flop hits AA drops off the top 10% list, and you must be aware of that. On ANY flop the best hand is at least a set of the top card flopped. So, with a flop of 269, the best possible hand is a set of 9’s. And any set is a top 10% hand at this point. As the hand plays out the AA becomes a weaker and weaker hand. You should continue playing it like TPTK at least, but you also must be aware of the value that you are giving your AA as the hand unfolds. You may be seriously over valuing your AA. If you raised it preflop and bet it on the flop, then on the turn, and you get raised, what does that say? First you’re starting to see a pot that is more valuable than your AA and 2nd you have just walked into a “Contested Pot” scenario. If you get into a raise/reraise situation and all you have is pocket AA, then you are most probably going to be on the losing end of the 90/10 rule. Disciplined players know how to fold. Winning players know that keeping their winnings is more important that “going down” with AA, just because it WAS the best hand preflop. All AA is is TPTK, until someone prove otherwise by getting a better hand.

Another way to look at this is when you are playing “drawing odds”. You may start with a suited connector or a small to mid pocket pair. These are not top 10% hands, but they have the potential of becoming top 10% hands. When they do, hopefully your competition will over value his hand and contest the pot with you. The “Contested Pot Rule” will then go into effect in your favor and you will make lots of money.

Another ramification of the 90/10 rule is that the rest of the hands you play in a typical session (good, bad or indifferent) are just background noise. They are just “keeping up with the blinds”. You may use them to create a table image to set up your top 10% hands or you may just fold, fold, fold. You can bluff and steal small pots. You can c-bet and take small pots. You may stick around with draws and lose small pots or play small pots that you turn out losing or winning.

But the reality is 90% of the money you win is made off top 10% hands and vice verse.

Think about this rule. Find ways to apply it to your game. Review the “Contested Pot Rule” also. If you don’t have a consistently winning NL Ring game then take the Winning Legal Online Poker Challenge to learn the skills and gain the vision to play quality winning poker. Will the 90/10 rule turn you into a “nut hunter”? Maybe! There are thousands of winning “nut hunters” online every day. There are many thousand more players who hate nut hunters. Many quality, winning players hate nut hunters. However, even quality, experienced, winning online players fall within the 90/10 rule. They may proclaim that they don’t. They may hate the idea that all their “moves” and “action”, their “reads” and sophisticated play is really just background noise. But for most players that’s all it is – Background Noise, Keeping up with the Blinds. If they analyzed their play they would find that the 90/10 rule applies to them too. The 90/10 rule is very consistent for No Limit Ring play. If you play MTT’s or Sit-n-Go’s then who knows? I haven’t analyzed the rule against them. They have their own dynamic. But if you play NL Ring Holdem, then make sure you understand and think about this rule as you play.

Summary:

90% of the money you win is won with the top 10% of hands.

The top 10% changes as the hand unfolds. AA is a top 10% hand preflop, by the river it may be a bad pocket pair.

90% of the money you lose is lost to top 10% hands. Find ways to spot them earlier in the hand.

Most of your other hands and action is just background noise. You need to play them to keep up with the blinds and maintain a reasonable table image, but understand that they are just a small part of your winnings/losings.

If you find that you lose most of your money to non-top 10% hands then you need to take the at least read, understand and apply the Winning Legal Online Poker book (and associated chart) and get your game right!!

Winning Poker Lessons From Warren Buffett

Dear Poker Player,

Warren Buffett is one smart dude. And RICH.

He’s the second richest man in the WORLD… right behind

Bill Gates. Forbes estimates that his net worth is $40

BILLION.

(How’s THAT for a bankroll?)

What’s interesting about Buffett is that he made his fortune

over a LONGGG period of time… by consistently beating the

stock market year after year after year.

He wasn’t one of those “overnight” dot-com billionaires.

He wasn’t “lucky” to be in the right place at the right

time.

He didn’t “invent” some new technology that changed the

world.

Nope… all he did was invest and “pick winners” over and

over. Since taking control of Berkshire 40 years ago,

Buffett has delivered a compound annual return of 22%.

AND JUST BY DOING THAT, he became the 2nd richest man alive.

OK– so why am I rambling on about 75-year old man who’s

good at investing?

The reason is because I’ve realized that there are DOZENS of

important parallels between the STOCK MARKET and POKER.

Here are just a few:

* The stock market is often considered “gambling”, due to

its unpredictable nature… just as POKER is often

considered gambling, even though it’s a SKILL game.

* The stock market has a heavy emphasis on odds and

mathematics… just like poker.

* The stock market is predominately a male-driven

industry… just like poker.

* The stock market has PLENTY of up’s and down’s, and

“streaks”… just like poker.

* And so on.

Of course, these are “surface” similarities.

Now think about the PSYCHOLOGY of poker and the stock

market… and how they’re often EXACTLY THE SAME:

* In the stock market, everyone dreams of buying that one

MIRACLE STOCK that will go from $2 to $200 and make them

rich…

In poker, everyone has their “pipe dream” of winning a huge

million-dollar tournament on ESPN.

* When a stock tanks, most investors FREAK OUT and

immediately make several bad investment decisions in a row.

It’s usually THESE decisions that hurt them the most.

In poker, this is known as “tilt”. Bad beats cause some

damage… but it’s usually the decisions you make AFTER the

bad beats that cause you to lose the game.

* Believe it or not, most stock investors come out on the

LOSING END over time… even though the market has

historically gone UP year after year.

Most poker players end up losing over time also, despite all

the “fish” out there to prey on.

* And so on.

OK, so you get the idea.

Lately I’ve been reading a lot of books about the stock

market… and especially about Warren Buffett. (Hell, I need

somewhere to invest all these poker winnings!)

Anyway, here’s what’s REALLY interesting:

Warren Buffett’s INVESTMENT APPROACH is almost identical to

the POKER STRATEGY I use every day.

And it’s the SAME approach used by top poker pros to

consistently win tournaments and ring games…

Interesting, huh?

Of course, it makes sense when you think about it.

If poker and investing are similar, then the guys who beat

the STOCK MARKET probably use the same techniques as the

guys who win at POKER.

And who better to learn poker from than the “KING” of the

stock market… and the 2nd richest man in the world?

*** WARREN BUFFETT’S WINNING APPROACH ***

Warren Buffett operates on PRINCIPLES. He doesn’t get caught

up in “hype” or emotion.

Below are the five MOST IMPORTANT principles that he follows… and how they relate to your poker game.

PRINCIPLE 1: PATIENCE IS KEY.

Patience, patience, patience!

It’s the number one mistake that causes most poker players

to lose… and it’s one of the “secrets” to Buffett’s 22%

annual returns.

Warren Buffett does not make an investment unless he is

absolutely 100% confident that it will make him money.

That means he PASSES UP a lot of great investment

opportunities.

Warren Buffett has said “no” to stocks that ended up

increasing by 10,000%!

But more importantly… he’s passed up all those other

stocks that LOOKED GOOD, but PLUMMETED later.

The problem is, us human beings are addicted to ACTION and

MOVEMENT and EXCITEMENT. We don’t want to just sit around

and WAIT.

But that’s EXACTLY what Buffett does…

He waits.

And waits.

And waits.

He KNOWS that sooner or later, a GREAT opportunity will come

up… and then he’ll jump on it.

It’s the same way with poker.

You’ve GOT to be patient. We all want to “get in there” and

make strong bets… bluff out opponents… and take down

lots of pots. We want ACTION.

BUT THAT’S NOT HOW YOU DO IT.

You’ve got to sit back… be patient… and WAIT.

Wait for good cards.

Wait for the PERFECT time to bust the manic at the table.

Wait for the PERFECT time to steal the blinds.

Wait for the PERFECT time to bluff out an opponent.

Wait for the PERFECT time to go all-in.

And then when you DO make a move…

PRINCIPLE 2: MAINTAIN A “LOW TURNOVER” PORTFOLIO OF JUST A

FEW STOCKS.

Buffett insists on keeping 10-20% turnover with his

portfolio. This means he generally holds onto a stock for

5-10 years… AT LEAST.

This is obviously OPPOSITE of how most investors do it. Most

investors are checking the tickers every HOUR– watching for

the slightest indication of movement or news.

More importantly… Buffett only invests in a FEW STOCKS AT

A TIME.

Now THIS is crucial, because it goes against everything

you’ve ever learned.

Growing up, you probably heard this advice a lot:

“Never put all your eggs in one basket.”

Right?

Well, Warren Buffett does the OPPOSITE.

He puts all his eggs in one basket… but… he chooses that

basket VERY CAREFULLY!

You see, Buffett believes that if you’ve done your homework

and you’re confident in your decision, there’s NO NEED to

“diversify”.

In fact, he believes this is the ONLY REAL WAY to get rich

in the stock market. Because if you buy LOTS of stocks, some

are doomed to go down… and that will hurt your gains.

Now think how this relates to poker.

In poker, most players risk money on LOTS of pots, and try

to get the best odds for each one… maybe 55%, 60%, and the

OCCASIONAL 70% or higher.

What PROFESSIONAL poker players do is only play those

OCCASIONAL pots with the best odds.

BUT, they risk more chips when they do it…

So instead of risking 20% of your chip stack five times…

you want to risk 90% of your chip stack ONE time. But you

choose that time VERY CAREFULLY!

For instance, let’s say the “average” poker player enters

three pots where he feels the odds are in his favor.

The three pots go like this:

1.) He risks 1000 in chips with 60% odds.

2.) He risks 1000 in chips with 50% odds.

3.) He risks 1000 in chips with 60% odds.

Now… MATHEMATICALLY speaking… there are EIGHT different

ways these scenarios can go. They are as follows (a win is

designated with “W” and a loss with “L”):

1.) W-W-W

2.) W-W-L

3.) W-L-W

4.) W-L-L

5.) L-W-W

6.) L-W-L

7.) L-L-W

8.) L-L-L

If he wins all three, he ends up with 3000 chips in profit.

If he wins two but loses one, he ends up with just 1000

chips in profit.

If he LOSES two but wins one, he ends up with 1000 chips in

losses.

And he if loses all three, he loses 3000 chips total.

Get it?

Now let me share with you the PERCENTAGES of the above

scenarios.

Watch out, this may surprise you.

If you were to play three pots as described above and risk

1000 chips for each one, and do this exercise 100 times,

here’s what would happen:

18% of the time you’d win 3,000 chips total.

42% of the time you’d win 1,000 chips total.

32% of the time you’d lose 1,000 chips total.

8% of the time you’d lose 3,000 chips total.

Your “net average” would be to PROFIT 400 CHIPS.

OK… that’s the “normal” approach.

Now let’s look at the WARREN BUFFETT approach.

Let’s say you entered just ONE pot and risked 3000 chips

(instead of 1000) with 70% odds in your favor.

Now watch what happens:

70% of the time you’d win 3,000 chips total.

30% of the time you’d lose 3,000 chips total.

Your “net average” would be to PROFIT 1200 CHIPS.

That’s TRIPLE the results over time!

The key is to get BETTER ODDS and RISK MORE.

I better interject here that I do NOT recommend being one of

those players who just sits back, waits for the “nuts”, and

then goes all-in.

Not even close.

In fact, if you’ve read my newsletters you know that I’m a

very aggressive player who loves to push action.

The KEY is that I BUILD THIS IMAGE through techniques based

on feeler bets, positioning, and sensing weakness.

AND WHEN THE RIGHT OPPORTUNITY COMES ALONG, I RISK AS MANY

CHIPS AS I CAN!

I know that when the odds are heavily in my favor, it’s time

to put my eggs in one basket and go for it…

PRINCIPLE 3: THE STOCK MARKET IS NOT ALWAYS RATIONAL OR

“EFFICIENT”.

There’s a popular stock market concept called, “Efficient

Market Theory” (EMT).

Most of the world’s leading business schools teach this

widely-accepted concept.

However…

Warren Buffett says that the EMT is a bunch of hogwash!

He’s actually gone on record saying that part of him LOVES

the fact that business schools teach this theory: It makes

things easier on him because his competition doesn’t know

what they’re doing!

Now… I’m not going to argue whether the theory is right or

wrong. It doesn’t matter for our discussion here.

What I find intriguing is what Buffett believes IS true

about the stock market…

You see, the EMT basically says that the stock market is

“efficient” in its pricing… and that most buy/sell

behavior is “rational”.

Buffett disagrees. He is CONSTANTLY scouting for

opportunities where he thinks the market is acting in an

IRRATIONAL manner… and then he jumps on the chance to buy

an under-priced stock.

In other words, a core part of his investment philosophy is

that the stock market is NOT efficient… and that there’s

always room to grow your “bankroll” when others act

irrationally.

It’s the same with poker.

When you’re playing Texas Holdem, you want to spot the

“sucker” at the table… the guy who is making IRRATIONAL

decisions.

This doesn’t only apply to amateurs, either. Even PROS have

“irrational” habits, tells, and “tilt” behavior.

Your OPPONENTS will open up millions of “profit

opportunities” for you… if you just watch closely.

And that brings us to the next principle:

PRINCIPLE 4: FOCUS ON THE VALUE OF THE BUSINESS, NOT THE

PRICE OF THE STOCK.

This one has almost a direct translation to poker:

FOCUS ON THE PLAYERS, NOT THE CARDS.

You’re not playing poker against the house… you’re playing

against your opponents.

With the stock market, everyone is always looking at the

PRICE of a stock to determine if it’s worth buying or

selling.

Buffett actually doesn’t even look at the price until LAST.

What he looks at is the VALUE OF THE BUSINESS.

He only invests in top-notch businesses that meet specific

conditions. He wants a business with strong growth prospects

LONG TERM, good management, and stable numbers.

Once he finds a business that meets these criteria, THEN he

looks at the price.

When the cards come out, what’s the first thing you’re

thinking about? What are you looking at?

You should be thinking about your OPPONENTS… the

POSITIONING at the table… the BETTING HABITS you’ve picked

up in the last few hands… and your opponents’ FACES as

they look at their cards.

THEN when the action comes to you and it’s YOUR TURN, you

should peek to see what you’re holding.

Opponents first, cards second.

PRINCIPLE 5: DEMAND A MARGIN OF SAFETY FOR EVERY PURCHASE.

Warren Buffett is actually a very “conservative” investor,

as are most poker professionals. He’ll only buy stocks that

he feels are practically “guaranteed” to go up.

You should demand a “margin of safety” on every hand you

play. This is actually much easier than it sounds.

Some of your tactics should include:

* Avoiding heads-up situations with players who have more

chips, and instead favoring those with fewer chips. (That

way if you go all-in and lose, you can still be in the

game.)

* Buying pots and bluffing when you have good positioning.

(That way you can get a read on your opponent and escape if

things go bad.)

* Only “chasing” draws when the pot odds are CONSIDERABLY in

your favor. (That way you end up way ahead over time.)

* And so on.

*** PLAY POKER LIKE WARREN BUFFETT ***

Perhaps the MOST IMPORTANT lesson I’ve learned from Warren

Buffett is to NEVER FEAR doing the “unpopular” thing.

His career PROVES that “going against the grain” is often

the BEST choice.

He doesn’t live by what others do… he operates on GUIDING

PRINCIPLES that “win” over time.

Whether it’s ways to leverage table positioning, tactics for

defeating common opponent styles, techniques for “stealing

the button”, or figuring out the right times to bluff…

…You’ve got to first learn the POKER PRINCIPLES. And then

you need the GUTS to stick to them.

So where do you learn these principles?

The best place to start is by joining my free Poker Tips

email newsletter. It’s jam-packed with Texas Holem tactics

and secrets that you can INSTANTLY use to increase your

winnings.

Join now, and your first issue will include this free

report:

“Avoid These Costly Mistakes When Playing Texas Holdem”

Inside you’ll learn the 10 most dangerous mistakes most

poker players make… and HOW YOU CAN AVOID THEM.

Talk to you soon.

Your New Friend,

Roy Rounder