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Index
The Math of Hold’em
About Dimat Enterprises, Inc.
Our Books
About the Authors
Collin Moshman
Douglas Zare
Acknowledgements
Introduction
Part One
Introduction
Pot Odds
Expected Value
Expected Value in Poker
Relative Expected Value
Definition of +EV
Drilling Down
Conclusion on EV
Effective Stack Depth
Counting Hand Combinations
Basic Probabilities
Pre-flop
Ranges
Flop
Hitting the Flop
Dangerous Ranks
River
Outs to Percentages
2-to-4 Rule
Backdoor Draws and Redraws
Winning Without Improving
Percentages to Odds
Calling Decisions Based on Outs, Odds, and Percentages
Implied Odds
Reverse Implied Odds
Hot and Cold Equity
Pre-flop Match-Ups
Ranges
Re-steals
Post-flop
Domination
Overpairs
Draws
Gutshot
Gutshot + Overcard
Gutshot + Overcards
Open-Ended Straight Draw
Double Gutshot and an Overcard
Pair and Open-Ended Straight Draw
Flush Draw
Flush Draw vs. Flush Draw
Pair and Flush Draw
Pair and a Flush Draw vs. Straight
Gutshot-straight and Flush draw
Straight and Flush Draw vs. Straight
Straight and Flush Draw vs. King-High and Gutshot
Straight and Flush Draw
Overcards
Overcards vs. Pair
Overcards vs. Counterfeitable Pair
Overcards and Backdoor-Flush Draw vs. Pair
Sets
Set vs. Top Pair Top Kicker
Low Full House vs. Trips
Set vs. Gutshot
Set vs. Flush Draw
Set vs. Flush
Set vs. Set
Miscellaneous Examples
Top and Bottom Pair vs. Top Pair Top Kicker
Top Two Pair vs. Top Pair Top Kicker
Straight vs. Trips and Flush Draw
Straight vs. Straight and Flush Draw
Post-flop Equity vs. Ranges
A-K Unimproved
Top Pair Top Kicker
Set vs. Top Pair or Better
Two-Pair Hands on a Coordinated Flop
Unimproved on the River
Post-flop Equity Against Random Hands
Other Factors
Conditional Probability and Bayes’ Theorem
Sklansky Dollar Accounting[5]
Traps
Part Two
Introduction
Equity against a Pre-flop Range
Equity against a Post-flop Range
Making the Fold or Call Decision
EV of Value Bets and Bluffs
Determining the EV of a Semibluff All-in
Pre-flop
Showing an Immediate Profit
Later Profit
Metagame Math
Split-Pot Math
More Expected Value Examples
Common Mistakes
Using a Bad Baseline
The Sunk-Cost Fallacy
Philosophy
Part Three
Introduction
Rock-Paper-Scissors (Roshambo)
Nash Equilibrium
Note of Caution
Sequential Rock-Paper-Scissors
The Game of Chicken
Sequential Chicken
Basic Bluffing Game
Drilling Down
Deviations
Mixed Strategies in Models, but Pure Strategies in Poker
Bettor Strength
Bet Size
Bluffing in No-Limit
Caller Strength
Showdown Value
Value Bluffs
Bluffing Two Streets
Choosing a Bet Size
Bluffing Three Streets
Complications
Conclusion
Part Four
Introduction
Blind Levels
High Blinds
Medium Blinds
Low Blinds
Adjusting to Future Blind Increases
Re-stealing
Tournament Equity
Independent Chip Model (ICM)
Sit-and-go Tournaments
Calling Pushes/Bubble Math
Converting Chips to Cash Heads Up
Adjusting for Antes
Effective Big Blinds
Heads-Up Push/Fold Strategies
Satellites
Part Five
Introduction
Standard Deviation
Standard Deviations in Poker
Central Limit Theorem
The Long Run
How Rapidly Do Statistics Converge?
Downswings
Looking Backwards
Downswing Formulas
Bankroll Management
For Winning Players Only
Goals
Psychology
Kelly Criterion[16]
The Key Bankroll Formula
Applying the Key Formula
Instantaneous Risk of Ruin
Moving up
Stages
Calculations
Splitting Tables across Stakes
Multitabling
Flawed Bankroll Management Ideas
Fixed Number of Buy-ins
Stop-Losses
Anecdotal Downswings
Part Six
Introduction
Beating the Rake
Cash Games
Sets
What Can Go Wrong?
Not Getting to See a Flop
Behind with Flopped Set
Not Getting Paid Off
Being Outdrawn
Ideal Conditions
Favorable Conditions
The 5-10 Rule
Curtis vs. Farha Revisited
Set-Mining Tips
Combating Set-Miners
Hit-to-Win Math
When Fit-or-Fold is Correct
Logic
Math versus Instincts
The Free Card Play
Bet Sizing
Part Seven
Introduction
Poker Equity Calculators
Hold’em Manager (HEM)
Heads-Up Display (HUD)
Results Tracking
Database Analysis
Finding Leaks Using Software
Extreme or Happy Medium?
Aggregated Statistics
Averages vs. Totals
Linked Categories
Linked Statistics
Blinds
Social Statistics
Cardrunners EV
ICM Explorer[18]
SitNGo Wizard
Note of Caution
Nash Equilibrium Calculator
Appendix - Hand Rankings
Dimat Enterprises Foreign Translations
Other Books From Dimat Enterprises, Inc
Poker Mindset: Essential Attitudes for Poker Success
Peak Performance Poker
Small Stakes No-Limit Hold’em
Winning Poker Tournaments One Hand at a Time
Winning Poker Tournaments One Hand at a Time Volume 2
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