Probability & the Art of Winning at Poker

Video Transcript

I am Joe Marshall with Expert Village.com and today we are going to learn how to win at poker. We mentioned earlier, it is important to memorize the probabilities of each hand. Another thing you might want to do is if you are having a private game have just the basic chart. A buddy of mine made this where each chip color coded gives the value. This is the ranking of the ten hands we went over in order and if you know the probability its almost as good as a card counting or close to it because if you know you have a full house, then you know that it is 693 chances to one that you are going to have it. The chances of somebody else in the table having it is next to none and it’s very unlikely that somebody is going to have something better. It’s basically a one in four chances that somebody would as opposed to one in ten chances if they just had a pair. And that’s why it is very important to memorize this because if you do they can give you the advantage that most people don’t have because no one will ever take the time to try to memorize all that and with you memorizing it, you will be able to tell where your position is, where you stand as opposed to where other people stand, most other people are only playing on dumb luck and if know exactly where everybody is standing it is just as good as knowing the cards they are holding.

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