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POKER NEWS
Dec. 13th. 2006
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TABLE OF CONTENTS

SPECIALIZE OR LEARN TO PLAY POKER
by Steve Zolotow


THE FOX AND THE HEDGEHOG

Seven-hundred years before the birth of Christ, the Greek poet Archilochus distinguished between the fox and the hedgehog, saying “The fox devises many strategies; the hedgehog knows only one, but he uses it very effectively.” As a gambler which should you strive to be? Should you try to learn a lot of games or just one?

Many poker players adopt the hedgehog’s strategy. When presented with an encyclopedic book such as this one, they immediately turn to the chapter that covers their favorite game and study that chapter exclusively. They either give a cursory glance to sections dealing with other games, or they opt not to look at them at all. The advantage to being a hedgehog is very simple. You can become very good, perhaps even great, at your specialty. What could be wrong with that? If you become an expert at one game, you won’t be afraid of any opponent, and you’ll win consistently.
So why would you even consider the fox’s strategy? Why learn a variety of games, especially if it is virtually impossible to play multiple games as well as you can learn to play just one? Here are five reasons why:

1. Times Change
Your chosen game might not stay popular forever. Some games that were once very popular have faded almost completely away. Imagine how much the five-card-stud or draw-high experts make now. When I first played in New York City, many home games played high-low declare. I never see declare games being played these days.

2. Adaptability Means Higher Profits
You never want to pass up the opportunity to make money at another game. Say you have a choice between a tough stud game and an unbelievably weak Omaha eight-or-better game. A great seven-stud hedgehog might barely cover the rake, while a fox who is barely competent in Omaha will opt for the weak game and clean up.

3. Knowing More Never Hurts
While learning one game, you might pick up something that helps you master another. Before I started playing pot-limit Omaha, I didn’t understand the importance of making big laydowns on the river in that game. And you need to be versatile in learning the difference between cash games and tournaments, too. You never know where the profit will be. In cash games, how you play with or against a short stack isn’t very important. In tournament play it is a crucial skill you can develop.

4. Flexibility
If you are a fox, you will be able to play mixed games or dealer’s choice games. Many home games and most of the biggest games are mixed games, in which the game changes after a set number of hands is played or a certain amount of time elapses. The most popular multi-game mix in casinos is H.O.R.S.E., an acronym for the combination of hold’em, Omaha eight-or-better, razz, stud-high, and eight-or-better stud. Some common two-game mixes are stud and hold’em; no-limit hold’em and pot-limit Omaha; and high-low stud and high-low Omaha. With so many games to play, a hedgehog would have a lot of trouble competing at these tables.

5. Versatility
A fox is much better prepared for any new games that develop than a hedgehog. The more versatile you become, the easier it will be for you to pick up a new variation when you are faced with it.


WHAT TO LEARN

What poker variations should you learn first? To some extent that depends on where you are and what game you normally play. No-limit hold’em is a good game to master first. Not only is it the most popular game, but it’s also growing faster than any other. If you intend to play a lot of tournaments, you should definitely learn no-limit hold’em, but don’t forget to study the limit and pot-limit variations.
On the East Coast, stud is popular and should be your second choice. In Europe and the South, pot-limit Omaha should be your second choice. In Vegas and California, Omaha high-low split is a reasonable second game to learn, but make sure you learn how to play both tournaments and live games. Eventually you should practice enough to feel comfortable playing limit, pot-limit, and no-limit games. You should also strive to learn all the most popular games, including hold’em, seven-stud, Omaha high, Omaha high-low, seven-stud high-low, deuce-to-seven triple-draw, razz, and lowball draw—both ace-to-five, usually played limit, and deuce-to-seven, usually played no-limit. The top players know and play all of them. Why shouldn’t you?

I would even recommend the study of certain academic disciplines, especially mathematics and psychology. Psychology will help you better understand your opponents and what they are doing. It may also enable you to find, understand, and eliminate some of your own mistakes. Probability and statistics are extremely useful as well. Poker players have been known to use game theory to determine the percentage of bets that should be bluffs. Assuming you are extremely intelligent—and you must be if you are reading this book—and hard working, you should be able to master all of these games and academic disciplines in approximately five lifetimes. That’s why, in order to make the most money, you should master one or two games, while achieving high competence in the others.






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