Sunday, October 6, 2019

Limit Hold 'em - The Good, the Bad and the Ugly
To help you understand the advantages and disadvantages of particular poker games, I offer the following brief analysis. Those who have ever played poker online are aware that limit poker was once the most avidly played game on the net. The internet still offers quite a few low and medium limit games, and a few in the $100 to $200 range. The limit game is still easily found online and will continue to be in the future, particularly since only a few players are of the $20 to $40 level of expertise.
There is a plethora of literature available devoted entirely to the game of Limit Hold'em poker. This is a major advantage as even the novice player can avail himself of these books while experiencing actual play and if he is a good student will gain much knowledge of the game. This abounding literature allows decisions to be made more easily and most of those decisions can be explained with basic mathematics and become a tool for instantaneous in-game mental calculations.
Moreover, dispersion is less of a threat in limit games. That coldly calculating deity determines the chances of every player involved at a given moment and even the worst and unluckiest rookie may luck out (if you don't want to go into actual statistics, just read any of Terry Pratchett's hapless-Rincewind novels for a dramatization of this point of games and life).
As a rule, any and all poker games are subject to the mathematical phenomenon of statistical dispersion, i.e. major losses are part of even the most expert player's game, and it is this fact that stops folks from indulging in any game of poker. Limit poker is not as mentally intense as no-limit and tournament games, which involve high dispersion. You don't need a lot of funding to play Limit Hold'em and like the large quantity of literature on the subject, there are computer programs specifically designed for limit poker - Poker Tracker and Poker Office will help low limit players especially. These programs can be used both during the game and after whenever an analysis of any part of the game is called for or to make statistical calculations.
Now for the bad and the ugly. Because of the quantity of information available on the game, there is a large and ever-growing number of knowledgeable, skilled players. So the game while it is easy to find, is not very profitable. Poker rooms make their money from the small amount taken out of the pot for each hand. So, poker rooms earn money not from the number of players, but from the percentage of the total number of hands played at the end of a long series of poker hands. This sum more often than not turns out to be quite a tidy one. Limit games which include good players can wind up with minimal profitability or even a loss.
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.