The answer to this question is yes. You can make lots of money playing poker in Nevertheless, it is a little harder to make money playing poker today than itβ.
Tom Dwan on Turning $50 into $15,000 via Online Poker
Join Now.{/INSERTKEYS}{/PARAGRAPH} What is an Exploitative Strategy? If you know a player significantly overfolds to flop c-bets, for example, betting is going to be much better than checking even if a GTO solution would take both actions half of the time. Where people differ is how quickly and how massively you should change your strategy. Poker is a much more complex game than rock-paper-scissors, but the same concepts apply. But then you could always play rock, then they could always play paper, and it goes on and on. Mark's mistake was assuming that his opponent's loose preflop play indicated that he will play loosely postflop as well. In live poker you almost never get a significant sample size, so you have to be extremely careful with the adjustments you make. I wanted to include game theory expert Matt Janda's 1. Some people see one hand and make giant, sweeping adjustments to their entire strategy based solely on that hand. In fact, they could simply always play scissors and beat you every time -- until you changed your strategy. The costly error players often make when playing exploitatively. If you want to learn a theoretically sound strategy that is easy to implement, join the Upswing Lab today. You should play a solid, theoretically sound strategy by default, making exploitative adjustments as you identify profitable opportunities to do so. The term "GTO" is thrown around a lot these days, often incorrectly, so we should review exactly what it is. Exploiting your opponents' leaks is how you really take your win-rate to the next level. In fact, some players will strategically show down a crazy hand to craft an image that gets them paid off later. Instead, he should have made small adjustments to his preflop strategy versus that player, such as:. Mark is playing live poker and sees someone 3-bet with K7o from early position, so Mark labels him as a "maniac. Join Our Newsletter Signup today for free poker strategy, exclusive discounts, and be the first to get notified on new updates. If you have a solid grasp of GTO, this will be review for you -- you can skip to the next section. A few orbits later, Mark calls down versus the same player's triple barrel with a middling hand he would normally have folded, only to be shown the nuts. This is one of the main downsides of playing exploitatively -- it opens yourself up to exploitation. Every exploitative strategy you use can be beat by a different exploitative strategy, and it can start to feel like a guessing game. Signup today for free poker strategy, exclusive discounts, and be the first to get notified on new updates. This has been one of the hottest topics in poker for years. Some people think that a GTO strategy is only fit for the higher stakes. Debunking 4 big misconceprtions about game theory optimal poker strategy. {PARAGRAPH}{INSERTKEYS}Almost all modern high stake crushers have spent extensive time working with solvers to develop a strategy that is close to our current understanding of game theory optimal GTO play. Read Related Articles. You get access to 65 lessons, preflop charts, and our members-only community. An exploitative strategy is a strategy that aims to take advantage of the mistakes and tendencies of opposing players. A game theory optimal strategy is a strategy that can not be exploited by your opponents. In that case you definitely want to use your data to make adjustments when the sample is reliable. I do not recommend scrolling past this video -- it's pure gold:. You could exploit this opponent by always playing paper. How to shape your poker strategy going into What is GTO? If you are a regular at a certain stake, you can have thousands of hands on some opponents and have fairly accurate statistics of the way they play. Ernest Gorham Poker Strategy Dec 20, If you had to choose one, would you use a game theory or exploit based strategy at the table? The caveat here, though, is that you need good, reliable information to make accurate exploitative adjustments. Or in the case of casino games like blackjack where the edge is built in, GTO minimizes the edge. This is Dynamik Widget Area. This is not true. About the Author. Online poker is different when using database software and HUDs. They think that betting with a balanced range of bluffs and value bets at micro stakes is useless because players there are all calling stations that never fold. As you can see, his red line money won without showdown is very positive over quite a large sample. This goes to show even at the lowest stakes, a sound theoretical approach is an effective way to win money. However, we do already understand some GTO concepts, such as minimum defense frequency , bluff-to-value ratios , and mixed frequency plays , which advanced players use to form their strategy. Learn more now! The easiest way to illustrate this is applying it to rock-paper-scissors or roshambo. Just because someone has a loose preflop strategy, that does not necessarily mean they go crazy postflop. You'll have to make inferences based on showdowns and player pool tendencies , and you need to be ready to adjust back to your default strategy if your inferences start to seem wrong. When Mark saw that his opponent 3-bet K7o, he shouldn't have made a sweeping adjustment to his entire strategy.