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I think one thing that's important is that you start the hand realizing that lots of your value lies in really hitting your hand, so you're aiming for the implied odds here. With these speculative hands, you're rarely going to be ahead pre-flop, and even if you are, you're never going to feel comfortable putting much more into the pot, so you usually need to ...

"Power" of a hand is in practice an oversimplified notion. I will touch equity and your sub-question about what it says about a hand's goodness. If you're just trying to code equity, the Coding the Wheel article others have mentioned is mandatory reading for poker coders: http://www.codingthewheel.com/archives/poker-hand-evaluator-roundup As for the ...

First look at your chip stack. You can only win what is in your chip stack. These are not the type of hands you play short stacked. These are the hands with low odds of making the hand but if you do make it you are going for the stack. When should you raise with these hands? This is the type of hand that wants multiple players. Don't raise. You ...

I would say it would be flawed to raise every time with pocket pairs in order to hit a set but depending on the players at the table it MAY (and this is a big may as it hinges on your opponents sloppy post flop play) not be incorrect to at least call in every position to hit a set. This largely hinges on you winning typically about say 12:1 on your money ...

I believe the answer currently posted is incorrect. In the situation posed: If you bet x, and 1 person calls, then you need over 50% odds for a worthwhile bet. If you bet x, and 2 people call, then you need over 33% odds for a worthwhile bet. Since catching a flush in the defined situation has about a 35% chance, then you need 2 people to call for the bet ...

What you want is a situation where you can get as much info as possible for as cheap as possible. If someone raises early, even if they are not a credible raiser, it is better to fold in mid-position because you don’t know how the players behind you are going to react. You cannot assume pot odds with a speculative hand that is, on its own, weak. If would ...

You should usually play with these hands (small pairs and suited connectors down to 87) in an early stage of the tournament, because implied odds are very high, and more importantly your M is more than 20 (you are in Green Zone). M is a relative value (M = your stack / pot amount). With antes coming in, your stack is going to shrink, so you cannot just wait ...