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1. History Of Poker

About poker
Game of skill
Laws of poker
Forms of poker
Draw poker
Jackpots
Straight draw poker
Blind opening
Stud poker
Five-card stud
Seven-card stud
Freak games
Lowball
High-low poker
Wild-card games
Special hands

2. Facts Of Poker

Have to know
Advice
Ethics & Etiquette
Mathematics?
Bluffing
Position
Money management
Card memory

3. Forms Of Poker

Draw poker
Jackpots
Straight draw poker
Blind opening
Lowball
The Bug
High-low poker
Deuces wild
Stud poker
Five-card stud
7 card stud
7 high-low stud

4. Laws Of Poker

General laws
Irregularities
Draw poker
Stud poker
Betting limits

5. Poker Probabilities

Possible poker
Blind opening
Lowball

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History and Description of Poker
Poker is a Game of Skill

Since the earliest days of poker, people have made the mistake of considering it a gambling game. It seems to be a gambling game because it is usually played for money and in fact it is no good if it is not played for money. Nevertheless, poker is farther from a gambling game than almost any other card game you can think of, even contract bridge. Despite the fact that there are innumerable forms of poker and that the strategy differs in all of them, good players will almost always wind up winners and poor players will almost always wind up losers. As these pages unfold, I will give many bits of advice on how to be a skillful and winning player rather than a losing one, but I can sum the whole principle up with my first bit of advice, which is as follows:

If you aren't beating the game, you are being outplayed. There is a reason why you lose, even if you can't figure it out.

Mathematically, all things are possible. Out of a hundred thousand players, there will be two or three good players who consistently hold bad cards and lose when they should win, and there will be two or three poor players (to balance them) who consistently hold good cards and win when they should lose. It is a form of self-deceit and a matter of flying in the face of probabilities to think you are one of the unlucky few if you are losing when you think you should be winning. For nearly all players, the cards do even up in the long run. They do not come out exactly even—that would be as unusual, over the course of a lifetime, as for a player always to have 10 percent the better of it—but they come close to even. Most players will hold somewhere between 48 percent and 52 percent of all the good cards they are entitled to. That creates a range of 4 percent. The minimum advantage of the good poker player over the poor poker player is 10 percent and in a game in which there is a wide disparity—as when one very good player plays with a bunch of total palookas—the advantage can be 25 percent or more. Therefore a consistent bad card holder (who gets only 48 percent of the good cards) will still have enough percentage in his favor to make him a winner. If he is a poor cardholder he may win a little less than he should, and if he is a good cardholder he may win a little more, but he will still win.

The conclusion is this: When you have read this book, and put into practice its precepts, and when you are convinced that you are playing the game as well as possible, then if you still lose your only recourse is to find a different game to play in, a game in which the other players are not quite so good.

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