Global Sports: The Plusses and Minuses of Limit Hold'em

Friday, March 25, 2011

The Plusses and Minuses of Limit Hold'em

By Thomas Kearns


A brief analysis of the pluses and minuses of certain poker games may help. Limit Holdem was once the single most popular game on the net. There are still many low and medium limit games being played and some $100/$200 games. So that the game remains one of the most accessible and prospective, and is likely to remain so for some time to come, especially since not many players rise to the levels of $20/$40.

What may be considered a significant plus of the game is the amount of literature devoted to it: many of the contemporary books on poker are devoted to limit games. It is a well studied game and it is possible that a thorough student may learn much from the experience of others. As a result decisions are simpler to make in limit hold'em and most of them are easily supportable by basic mathematic tools for quick mental in-game calculations.

The mathematical phenomenon of dispersion becomes less of a factor in limit games. Thus enabling even the rookiest of rookies with the worst cards at the table to occasionally be saved by dumb luck. For a dramatic reference to the particulars of dispersion, read Terry Pratchett's Rincewind novels.

Generally speaking, all poker is necessarily subject to statistical dispersion: big losses inevitably happen even to the best of players (even when they play ideally with what they have in their hands) and are what turns many off the game in the first place. No-limit and tournaments have higher dispersion than limit games, which means that limit poker is not as psychologically intense. Relatively low bank rolls suffice for limit holdem and there are many specially designed computer programs for limit poker: Poker Tracker and Poker Office offer help which is not to be sneezed at, particularly so for low limit players. These programs are useful both during the game and after, when you want to make an analysis of any part of it or calculate general statistics.

About the only minus of limit holdem is the constantly growing number of well-trained, well-informed opponents. But that is the direct result of the pluses just listed and makes the game, though accessible, not as easily profitable as one might hope it to be. The chief source of income for poker rooms is the seemingly small rake deducted from the pot during each hand. Rooms therefore rely heavily not on the number of players in their rooms. But at the conclusion of a series of long games, the percentage of all hands played may reach surprisingly high sums and limit games against good players may result in near-zero or even negative gain.

You will not find many games of limit Hold' em off line. Limit Hold'em doesn't seem to contain the features to make it a casino and club game staple. The aficionados of limit Hold'em love it for what it has - the essence of poker which is the card combinations. It apparently is just not as memorable and socially rewarding as being able to converse with fellow card-playing chums around a table made of real wood.




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