Let’s say you have a pair of kings. That’s not bad or good, but it isn’t the worst hand either. When faced with the possibility of raising, you’ll probably check, and Charley calls if he owes you money. But if you’re playing for a dime, you might want to consider raising, since you’ll owe a dime to the pot.

## Game theory

If you’re serious about winning at poker, then you need to study game theory. Although this concept may seem difficult, it’s actually very simple and can be applied to a variety of different situations. One example of game theory is the flush draw. If you’re playing in a live tournament, you don’t have the luxury of using a software that records every hand that is dealt. However, a poker keyboard app can help you record your hands for game theory study. Some of these apps also include GTO solvers or Poker Stove. Regardless of whether you’re playing live or online, it’s important to know that studying poker can help you win.

## Probability

Poker is all about probabilities, and knowing what they mean can help you make the best decisions. Poker players use probability to make informed decisions about when they should raise, fold, or call. The odds of hitting a flush, straight, or a straight draw are high, but not zero. The probability that you will win or lose a hand depends on your skill level and the strength of your opponents. Knowing how to model the probabilities of these events will give you a clear picture of the odds of winning.

## Bluffing

Among the basic strategies in poker is bluffing. Bluffing involves betting with an inferior hand that has a chance of improving, like a flush draw or a straight. You can also make a zero-equity bluff when you have no chance of improving your hand and are relying on the other players’ fold equity. Another strategy is an opportunistic bluff, which you use when no one else in the hand shows interest in the pot or is likely to have a strong hand.

## Limits

One of the most exciting times in the game of poker is moving up in limits. However, the move must be carefully timed. You should not move up the limits on a whim, as that may lead to a short-term loss. Instead, set a limit for yourself and then move up gradually if you’re having a successful run. For example, you can decide to only move up when you’ve won at least ten buy-ins over two days.