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"Mistakes" According to The Fundamental Theorem of Online Poker Games

It is very important to understand that when we talk about making a mistake according to the Fundamental Theorem of online poker games, we're not necessarily talking about playing badly. We're talking about a very strange kind of mistake -playing differently from the way you would if you could see all your opponents' cards. If I have a royal flush and someone has a king-high straight flush, that player is making a mistake to call me. But a player surely cannot be accused of playing badly by calling or, as is much more likely, raising with a king-high straight flush. Since he doesn't know what I have, he is making a mistake in a different sense of the word.

In advanced online poker games you are constantly trying to make your opponent or opponents play in a way that would be incorrect if they knew what you had. Anytime they play in the right way on the basis of what you have, you have not gained a thing. According to the Fundamental Theorem of online poker games, you play winning online poker games by playing as closely as possible to the way you would play if you could see all your opponents' cards; and you try to make your opponents play as far away from this Utopian level as possible. The first goal is accomplished mainly by reading hands and players accurately, because the closer you can come to figuring out someone else's hand, the fewer Fundamental Theorem mistakes you will make. The second goal is accomplished by playing deceptively.

Thoughts On Promotion
Many cardrooms maintain mailing lists and periodically will mail out coupons for promotions that are only good for patrons on the mailing list. Even if you're not sure you'll ever be back, get on the mailing list.

There are two poker rooms very near my house. Since I'm aversive to cigarette smoke, I play in the no-smoking room. But I'm on the mailing list for the other room.

A couple of months ago I got a set of coupons in the mail, one for each week of the month, for $30 in chips for a $20 buy-in to the $1 to $5 seven-card stud game. They were also having a seven-card stud promotion, where if you had the low card bring-in five times in a row you won $100. After two hours of play, they'd give you a food comp worth $10. And the restaurant was running a weekday lunch special for $4.99. For two hours of play, I got $10, plus lunch for two, plus whatever I won, plus a free roll for the $100 bonus. That's a pretty nice deal. It's not a lot, but it was a good enough deal for me to go play for two hours a week during that promotion. Every little bit helps.
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