Texas Holdem Poker Biggest Pot Win

The blinds are 3M/6M/6M w/ a 12M straddle in local currency!! This is the NEW biggest poker pot ever, $2,300,000 USD between Tom Dwan and Paul Phua! Whether you’re a novice Texas Hold’em player or a seasoned tournament expert, understanding cash game strategy will help you outsmart your opponents. Six-time Poker World Series winner Daniel Negreanu has spent decades honing his poker strategy, which includes everything from value bets to how to avoid tilt and proper bankroll management.

What are Pot Odds In Texas Holdem Poker?

A player’s pot odds refers to the ratio between how much they can win and how much they must invest when they are facing a bet. So in a no-limit game, if player A were to bet $100 into a $100 pot, then player B would be facing pot odds of 200:100 which should be simplified to 2:1. Alternatively, a bet of $50 into a $100 pot would offer odds of 3:1, and a bet of $200 into a $100 pot would provide pot odds to the caller of only 1.5:1. In order to calculate your pot odds, you simply put the bet and the size of the pot on the left side of the colon, and you put the bet on the right side, ie pot + bet : bet.

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Are Pot Odds Important And How Do They Work?

Pot odds are very important, especially when it comes to calculating whether or not you should call on a draw. In order to determine whether or not it is profitable to draw, you simply compare your pot odds with the ratio of non-outs to outs. So for example, imagine that you have Qh2h on an AhKh4s flop. There is $60 in the pot, and your opponent bets $20. Should you call? Here it is easy to calculate your outs. There are nine hearts left in the pack. We know five cards (our two hole cards and the three community cards on the flop), so there are forty seven unknown cards. Of these, thirty-eight do not give us a flush and nine do (38:9). This can be simplified to 4.3:1 against improving on the turn. Our pot odds are 80:20 or 4:1. So here our pot odds do not quite justify a call, but because we are drawing to the nuts and the difference is quite modest we can rely on our implied odds to make up the difference.

Implied Odds In Texas Holdem Poker.

Implied odds refer to the fact that there are still bets to come. Looking back to our flush draw example, after calling the $20 on the flop there is still a turn and river to play. We could potentially make our flush on the turn, bet $70, get called, and then get called again for a large bet on the river. Or our opponent might simply fold once the flush comes in. Predicting the future is always a tricky thing to do, and that is part of the joy of playing poker.

Texas Holdem Poker Biggest Pot Winning

Here Is A Great Example Of Texas Holdem Poker Hand Odds .

The first three players fold, and then mid-position (MP)+1 raises to $7 in a $1/$2 game. You flat on the button with 6s5s, and the big blind comes along as well. There is $22 in the pot. The flop then comes down as As2s7h. MP bets $20 and the action is on you. You are getting ever-so slightly better than 2:1, and like 9 cards on the turn, so your odds of improving are again 4.3:1 against. Here there is a very large disparity between your pot odds and your implied odds. The situation is also significantly worse in two additional ways. Firstly, and most importantly, you are drawing to a six high flush that is not at all the nuts. Secondly, you are not closing the action. The problem with drawing to a six high flush (especially in a multiway or mass multiway pot) is that it is very easy for someone else to have a better hand. In poker, you want to be very cautious about drawing to non-nut holdings (see poker winning hands for the nuts). And the problem with not closing the action is that the player in the big blind could still raise, which means your effective pot odds are reduced. Because of all these factors (we aren’t getting the right price, we might be drawing dead, and there is still another player left to act who could raise causing us to forfeit our call) the best play is to simply fold. In fact, we probably shouldn’t have called to see the flop in the first place, simply because our cards are too low.

How Important Are Your Texas Holdem Poker Hand Pot Odds?

Your pot odds inform many of your decisions in Texas Hold’em poker. Of course, but there are other factors as well. It is crucial to study your opponents and observe their tendencies to better appreciate the quality of their bets. But from a mathematical point of view, there are few things as fundamental as the concept of pot odds. For example, consider the idea of defending your big blind vs a 3.5x open and a min-raise. In example A, the button opens for $7 in a $1/$2 game, and the SB folds. In example B, the button opens for $4 in a $1/$2 game. Assuming that the button is opening at the same frequency in both examples, then we should defend much more liberally in example B, where we are getting 3.5:1, than in example A, where we are getting 2:1. Basically, because the pot odds are greater, we have less risk and more reward, so calling becomes more profitable. Essentially we only have to win the pot 22% of the time instead of 33%. And with higher pot odds and less invested to see the flop, our implied odds increase as well. Of course, we do face a positional disadvantage, which should temper our enthusiasm somewhat, but that can be mollified with accurate play after the flop.

When Should You Call Based On Texas Holdem Poker Hand Odds?

Another example where pot odds matter is in determining whether you should call or not on the river. The greater the pot odds the more liberally you should call. If there is $200 in the pot and your opponent bets $30, then you would be getting great odds and should likely call with any pair, or maybe even ace high. You only have to be right 1 in 7 times to show a profit. On the other hand against a larger bet, you should generally be a bit more cautious, unless you think that they are bluffing. Against a player who does not bluff (or bluffs at a low frequency), you would want to have a pretty strong hand to call a large river bet, one that would beat some or many of the hands that he is value betting.

Conclusion.

To progress in Texas Holdem Poker and make money in the long run you must understand pot odds and implied odds in order to understand when to call a bet. You need to take into account the size of the pot and the chips you need to throw in to make the call, against the cards in your hand and the chances of winning. If you don’t know the chances of winning, based on pot odds, you will never know if you should be calling or not. And its not just about the hand you are in right now, or even todays game, but it is based on the results of all the games you play over a season, a year, a career. If you want to come out ahead in the long run, you have to know the pot odds for the hands you are in. Sure, you can make a hero call now without the odds in your favor, and you might win today, but if you keep doing that over a multiple games, you will lose in the long run.

So sit down tonight at the poker table, take some time to consider the pot odds for each hand when you are on a draw, and fold or call appropriately. Good luck and see you on final table!!

Texas Holdem Poker Biggest Pot Wins

Intro to Biggest Online Poker Pot

There have been some pretty insane pots won online over the years. Generally, they are going to be aces versus kings and post flop coolers as most professional’s are not stacking off in deep stack cash game with weak hands. Would you invest hundreds of thousands with medium strength hands?
Let’s look at the one biggest online poker pots and give commentary.

Tom Dwan (Durrr) vs Urindanger – Pot of $723,941

This game was played on Full Tilt. One of the major poker sites, trusted and endorsed by GamStop. This hand would be less likely to be found on CasinoGap. A resource website for finding more enjoyable poker games, not on GamStop.

In a 6 handed game (as most of these high stakes games are), Urindanger opened to $3,000 from the cuttoff with Ac Ad, elmariachimacho flat called and Tom Dwan 3bet to $16,300 from the small blind with Kc Kd. Urindanger puts in a 4 bet to $45,000, elmariachimacho folds and Dwan calls.
Flop – 9h 5c 4h ($94,000)
Dwan checks, Urindanger bets $52,700 and Dwan check raises to $139,500. Urindanger moves all in for $314,971 and Dwan calls it off.
Turn brings 3d and river falls 6h leading to one of the biggest online poker pots at $723,941.

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Commentary

At face value this is just a cooler right? Aces against kings, no commentary required for the biggest online poker pot. I beg to differ; this is deep stacked cash games where an error can lead to you losing the value of a house. Let’s try and dissect it a little.

Texas Holdem Poker Biggest Pot Winners

Before the Flop – Urindanger

This could have been the biggest online poker pot with it all going in before flop is dealt. However, they are playing over 350 big blinds effective here and neither player knows that the other is holding what they are. Keep in mind they are playing in games which are super aggressive. In urindangers spot he is trying to get as much in as he can without losing Dwan. He makes standard open, notices a squeeze from Dwan (which doesn’t need to be pocket kings) and makes the 4 bet on the smaller side. I like his sizing as he is in position and want to elicit a call from Dwan who will play the hand out of position. It also serves to increase the pot size and also gives Dwan more perceived fold equity and implied odds too. His sizing is less than 3 x the bet made by Dwan. It is also enough for elmariachimacho to get out the way.

Before the Flop – Tom Dwan

Tom is loving being able to squeeze here as it gives the element of doubt to his opponents. His sizing is ok as he is out of position and he has factored in the pre flop call from elmariachimacho. Once he has been 4 bet and action is on him, he has two options, flat call or get the 5 bet in and stack off. If he 5 bets, it is likely to $120 – $130K at which point he is committed to going all in. By flat calling, he keeps in potential bluffs from Urindanger and won’t lost him if he is 4 betting Jacks or Queens for some reason. I like his flat call a lot, particularly as he recognises that if he 5 bets and faces an all in, he knows he has to call and is likely up against pocket Aces.

Flop Play – Urindanger

Once this dry flop falls, Urindanger just has to try and get in one way or another. He knows Dwan has many overpairs in his range and doesn’t want a potential scare card on turn or river. The question is, how much can he bet to generate what he wants. His bet is fine, betting $52K, this could certainly be an AK that is trying hard to get a TT type hand to fold. In truth, I am not sure the sizing matters a great deal here other than if Dwan has a weak to medium hand like Ace high or pocket pair, a smaller bet allows Dwan the perception of fold equity and may increase his chances of a bluff. For this reason, I slightly prefer a smaller bet of around $38K-$40K.

Flop Play – Tom Dwan

Texas Holdem Poker Biggest Pot Winner

I like Dwans check on the flop here. Betting won’t accomplish much as he may let his opponent off the hook if he was making a play. Checking is at least likely to get a c-bet out of his opponent. Once this flop comes, Dwan recognises he will be prepared to stack off. If Urindanger has pocket aces, good luck to him. After he checks and Urindanger bets, he has to decide whether to check raise and call all in, or slow play. He opts to check raise, which is fine. My personal preference is to flat call here and check call it down. It keeps in any potential weak hands or overpairs that Urindanger may otherwise fold. As it happens, it’s irrelevant but when you are playing for the long term, you need to ask these questions and consider whether your line is the most profitable.