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Encyclopedia > Value (poker)

In poker, the strength of one's hand (that is, how likely it is to be the best according to the rules of the game being played) is often called its value, but discussions of poker strategy often use the term in a more specific sense to describe a type of bet: A bet "for value" is a bet made for the purpose of increasing the size of the pot, and which the player wants his opponents to call. This is in contrast to a bluff or a protection bet (though some bets may have a combination of these motives). This article is about the card game. ... There are several excellent books on poker strategy, and this article will only attempt to deal with the basics that must be mastered by the beginner. ... In the card game of poker, to bluff is to bet or raise with an inferior hand, or with a hand believed to be inferior. ... In poker, one of the motives for betting or raising is to give your hand protection, which means to encourage opponents to fold a drawing hand that might otherwise improve to beat yours. ...


Most of the time, this is because the player believes his hand is valuable in the first sense, and he therefore wants his opponents to put money into the pot that he expects to win from them at showdown. In certain situations, though, even a drawing hand that is not currently the best can value bet: For example, on the next-to-last betting round of a fixed limit game, if a player surmises that he has a 1-in-4 chance of being dealt a final card that will give him a winning hand, and there are six opponents remaining, he can bet for value even though he will lose three out of four times, because the one time he does win he will win more than three times the amount bet (so the bet earns money in the long run). This is still a value bet, because it is made hoping the opponents will call and build a bigger pot in anticipation of winning (even though the win is only statistical). In all poker games, if more than one player remains after the last betting round, all of the players expose and compare their hands to determine the winner or winners. ... One is said to be drawing in a poker game if one has a hand that is incomplete and needs further cards to become valuable. ... The game of poker as played today requires that players agree before play on allowable amounts for betting (called limits), and the use and amount of forced bets. ...


External Links

  • Expected Value

  Results from FactBites:
 
Value (poker) - Wikipedia, the free encyclopedia (127 words)
This is in contrast to a bluff or a protection bet (though some bets may have a combination of these motives).
Most of the time, this is because the player believes his hand is valuable in the first sense, and he therefore wants his opponents to put money into the pot that he expects to win from them at showdown.
This is still a value bet, because it is made hoping the opponents will call and build a bigger pot in anticipation of winning (even though the win is only statistical).
Hand (poker) - Wikipedia, the free encyclopedia (1182 words)
Without them (which is the most common, and used such games as Chinese poker), the hands are simply no pair, one pair, and three of a kind.
Some poker games are played with a deck that has been stripped of certain cards, usually low-ranking ones.
This is not the case in California, where the nearly identical game is played under the name Double-hand poker using traditional hand values.
  More results at FactBites »

 
 

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