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Internet Texas Hold'em Winning Strategies from an Internet Pro Internet Texas Hold'em Winning Strategies from an Internet Pro First Edition By Matthew Hilger Introduction “If you can't spot the sucker in your first half-hour at the table, then you are the sucker.” This is a common poker saying spoken by Matt Damon in the classic poker movie Rounders. I used to play in a tournament every Sunday night in Costa Rica with some of the best players in the world. Unfortunately, I had no idea at the time who those players were. Hopefully this book will help you spot the sucker rather than be the sucker. It takes a lot of experience and study of the game before one realizes what it takes to play at an advanced level. Everyone needs to start somewhere. This book should increase your learning curve, but there is no substitute for experience. The Internet is an excellent vehicle to develop your game, no matter if you just play low limits a few hours a week or strive to develop into a world-class player. The following story gives you a glimpse into my poker life and the struggles I went through before I started playing on the Internet. My first memory of poker is sneaking out into the woods when I was about eight or nine years old to play penny poker with my friends. In middle school, I remember getting sent to the principal's office for playing craps in the bathroom. In high school, I was assistant manager at a local movie theater and one night my friends and I played poker in the projectionist booth while the movies were playing. To my dismay, the manager decided to show up that night to check up on things. Fortunately, the concession girl quickly alerted us. My friends were going down one staircase as my boss was going up the other one. I had no idea that someday this passion would become my profession. I played very little poker during college except the occasional game with my old high school friends. During my first real job with Andersen Consulting, I worked on projects that lasted months at a time, and we soon found a way to get a weekly poker game going playing the typical wild home games. After a few years with Andersen, I decided to move to Phoenix to get Master's degree in International Business. I soon discovered the local India reservations where I first played Texas Hold'em. I would go and play $4-$8 Hold'em every few weeks and managed a small profit. After graduating, went to work for Chiquita Brands International at their headquarters in Cincinnati and my poker life was again put on hold. After a year and a half, Chiquita transferred me to Costa Rica. This is where I discovered the thrill of poker tournaments and no-limit Hold'em. They had small poker tournaments every Tuesday and Thursday night. I had no idea how to play tournaments and especially no idea how to play no-limit Hold'em but I soon learned. I then discovered a Hold'em club that had a tournament every Sunday night. These players were a little more serious and the tournament was a little more expensive. The buy-in was cheap, but Costa Rica has made a name for itself in the poker community with its crazy rebuy tournaments (some players would rebuy over 20 times). I slowly improved each and every month. Fortunately, I did not lose so much the first six months to make me want to quit. Suddenly, I got on a nice streak and won three of the small Tuesday/Thursday night tournaments in a row. These tournaments only had between 16 and 24 players, but winning three in a row gave me a lot of confidence. I was still struggling however at the Hold'em Club on Sunday nights. These tournaments had up to 40 entrants and typically paid a couple grand to the winner. A lot of the players seemed to have a lot of experience, so it was difficult to compete. But about eight months after I first started playing tournaments, I posted my first big win. Then the next week I finished second. Finally, I felt like I was starting to understand the game. This story about the Hold'em Club shows just how little I knew about poker, but also how I was able to gain some great experience to develop my game. I thought these players at the Hold'em Club were just a bunch of rich Ticos (Costa Ricans) who enjoyed a nice game of poker on Sunday nights. It wasn't until after I moved from Costa Rica when I found out that I was playing against some of the lop poker players in the world. Some of the players included Humberto Brenes, who has won more than $1.0 million in prize money at the World Series of Poker (WSOP) and was the 2002 World Poker Open champion, which paid a $500,000 top prize. His brother Alex Brenes is also a successful player in U.S. tourneys. Another top player was Dr. Max Stern who has won the WSOP 7-Card Stud championship and is the author of a poker book. Jose Rosenkrantz won a World Poker Tour title televised on the Travel channel and has placed in several events at the World Series of Poker. My Spanish wasn't very good at the time, so I guess I missed them talking about all of their poker successes in the states. Talk about a sucker I probably never would have walked into that club if I had known whom I was up against. Although those tournaments were a struggle for me starting out, they gave me a tremendous amount of experience. The smaller tournaments during the week prepared me for the larger tournaments on Sunday, which gave me invaluable experience playing with some of the best players in the world. I finished the year posting a small win, so it was a great learning experience, a lot of fun, and a little profitable. In early 2000, Bristol-Myers Squibb transferred me to Argentina. Unfortunately, Argentina does not have any live poker, so I thought my poker game was again on hold until I heard about Internet poker. At first, I was skeptical, since I had always thought of poker as more of a game interacting with other people; however, I downloaded a site and was impressed by the graphics, chat feature, and overall feel of the game. I decided that I needed to get a piece of the action, so I took the plunge and made my first deposit of $600 at Planet Poker. Within a few weeks, I had won over $5000. I was officially hooked and soon poker would be changing my life in a big way. However, I was fortunate that I got a good run of cards the first few months I played. I realize now that I was playing at limits too high in relation to my bankroll (more about this in the "Bankroll Management" chapter). I easily could have lost the small bankroll I had if I had rum into some poor cards. But even though I was winning. I knew I had a great deal to learn. I started reading every book I could find and studied the game as much as I could. The quality of my play really improved a lot in those first six months. I soon found myself bored in my day job, and couldn't wait to get home to, my newfound passion. Eventually, I decided to give up my six-figure income job, hang my two master's degrees on the wall, and was on my way to New Zealand to become an Internet poker pro. Everyone needs to start somewhere. My story took me around the world before this "successful" home player really began to understand the game. Whether you are going to be playing this game just a few hours a week, or whether you strive to make poker a second or main income, it makes sense to study the game. Combining study with experience should make poker more enjoyable by making it that much more profitable. About this Book This book is a comprehensive tool for players at all levels to be successful at limit Texas Hold'em on the Internet. Hopefully the material in this book will help beginners to not make some of the same mistakes I did when starting out. There is also a lot of discussion of advanced concepts and strategies for those wanting to take their game to another level. A comprehensive overview of Texas Hold'em is presented including general poker concepts such as probability and odds, bluffing, raising and check-raising. Various deceptive tactics are also discussed such as free cards, slow-playing and inducing bluffs and calls. You'll learn the correct strategies for starting hand play as well as playing on the flop, turn, and river. You'll learn the intricacies of playing on the internet and the differences in strategies between Internet and live play. Finally, you'll be able to practice all of these strategies on over 200 actual Internet hands. I have proven that these strategies work through more than 7000 hours of actual play on the Internet. Practically all of the strategies presented in (he book regarding Hold'em should also be suitable for the live poker game: however, differences are noted throughout the text between online and live games that require adjustments to your play.
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