| All Poker Lessons were written by
The Professonal Poker Team of Full Tilt Poker

The
Full Tilt Team has more than 23 WSOP Titles Combined
Lesson: 37
What's Your Starting Hand Really Worth?
Steve Brecher
November 28, 2005
Most players know that pre-flop position is important in hold
'em. The earlier your position, the more players there are behind
you and, unless you hold pocket Aces, the bigger the chance that
one of them will have a hand better than yours.
There is another aspect to position: It's better to act after your
opponent(s) rather than before. But for this tip, I'm going to investigate
the chances that a player behind you will have a better hand.
There is no universal definition of what "better" means
when comparing hold 'em starting hands. For this article, I needed
some reasonable, quantifiable criterion. So in the following, I'm
assuming that one hand is "better" than another if its
showdown equity is greater. A hand's showdown equity against another
hand is the average portion of the pot it will win across all possible
combinations of board cards. This is similar to the percentages
that TV poker programs display next to player hands when the players
are all-in. If you're interested in investigating this for yourself,
there are several free computer programs and websites which calculate
the showdown equities of user-specified competing hands.
For example, Ah 2d all-in pre-flop against Kc Qc will, over all
possible boards, win an average of 53.9% of the pot. So the A-2
is the "better" hand against K-Q suited by our definition.
Obviously, it is not better for all purposes; at a full table I'd
usually open-raise in early position with K-Q suited, but toss A-2
offsuit.
Given some specific hand category – such as K-Q suited –
we'll need to know the chance that a random hand dealt from the
remaining 50 cards will be "better." This requires that
we have a showdown equity calculation for each of the 1,225 possible
opposing hands and tabulate against how many of them the K-Q suited
has the worse (less than 50%) equity. It turns out that 238 of the
1,225 possible opponent hands are "better" in this sense.
So we say that the chance of a random hand being better than K-Q
suited is 238/1,225 or 19.4%; conversely, the chance that a random
hand will not be better is 80.6%. This tabulation would be too tedious
to do by hand. For the example results below, I developed some simple
software to do the calculations.
Suppose that you are considering an opening bet pre-flop. There
are players yet to act behind you. I'll denote the number of hands
to play behind you as N. For example, if you're on the button, then
there are two hands - the blinds - behind you, and N would be equal
to 2. What is the probability that none of some number of random
hands will be better than yours? It is the chance that one random
hand will not be better than yours multiplied by itself N-1 times,
which is the same as saying it's that probability raised to the
Nth power. For example, if there's a 40% chance that a random hand
won't be better (i.e., a 60% chance it will be better), then the
chance that none of three random hands will be better is 40% x 40%
x 40%, or 0.4 to the 3rd power, which equals 0.064. Hence, the chance
that at least one of the three hands will be better is 1.0 - 0.064
or 0.936 or 94%.

I think the most interesting thing about these numbers is the difference
between earlier and later positions. This is something to consider
when you're thinking of open-raising in early position.
Steve Brecher

Play
Online Poker
|