I finally beat my friends at poker for the second time :-). I’ve been doing a lot of studying recently, and it’s paid off. I’ve read two books on poker, and I’ve been playing online a bit.

I’m truly fascinated with how versatile a game it is. Limit poker is, in many respects, opposite from no-limit and pot-limit. Obviously, they both emphasize computing odds, but limit poker is about pot-odds while no-limit is about implied odds, two very different beasts. And no-limit has a huge emphasis on bluffing, while in limit it is usually wrong to bluff.

And I’m only talking about Texas Hold’em. Omaha Hold’em is vastly different, where you have to expect your hand to go somewhere by the end, and betting on the best hand at the moment (as you sometimes do in Texas) is a big mistake. And then there’s 7 card stud, which I still have no idea how to play :-).

And I’m pretty close to the point where playing online isn’t costing me anything: that is, it’s returning about $5 per hour, certainly more than most games I like, and worth my time for something I enjoy doing.


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