1. Wholesaling is a great starting place for anyone looking to begin in real estate investments. Learn how to locate properties and lock them up for as little as $10 so that you can sell them to local investors for a quick profit of a few thousand or more!
2. Flop Poker Introduction. Flop Poker is a poker variant I have seen in many of the casinos in Biloxi. I've had reports of the game in other parts of the country too, like Atlantic City and Indiana. The game is easy to learn, community cards cause players to often win or lose in unison, and there is a possibility of a large win.
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4. Nov 04, 2019 Wholesaling is a great starting place for anyone looking to begin in real estate investments. Learn how to locate properties and lock them up for as little as $10 so that you can sell them to local investors for a quick profit of a few thousand or more!

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The Poker Academy The Poker Academy provides comprehensive, high quality courses taught by professional players. We teach poker in a way that makes learning easy and enjoyable. Poker is a game of decision making, and world class players consistently make better decisions at the table.

Introduction

Flop Poker is a poker variant I have seen in many of the casinos in Biloxi. I've had reports of the game in other parts of the country too, like Atlantic City and Indiana. The game is easy to learn, community cards cause players to often win or lose in unison, and there is a possibility of a large win. A unique feature is the 'pot' bet, which carries a zero house edge.

Rules

1. Game uses a single deck of cards and all hands are scored according to traditional poker rules.
2. Play starts with the player making an Ante wager and a Pot wager. The ante wager may be any amount subject to table limits. The Pot wager is always the table minimum, which in my experience is usually $5.
3. Each player gets three cards dealt face down. The player may look at his own cards but sharing of information is not allowed.
4. Player has two options, raise or fold. If the player folds he forfeits his Ante but but retains his cards for purposes of the Pot bet. If player raises it is in the form of a Flop bet equal to his Ante bet.
5. The dealer then deals a three card flop face up. These are community cards and may be used by all players.
6. The dealer will determine the best poker hand using the player's three cards and any two of the flop cards. If the player has at least a pair of jacks the Ante wager will pay even money and the Flop bet according to the pay table below.
7. Finally, the player with the highest poker hand, again using his own three cards and any two flop cards, shall win all Pot bets. If two or more players have the exact same valued hand then the Pot bets will be chopped by the players with the high hand.

Liberal Pay Table

Hand	Pays
Royal flush	1000 to 1
Straight flush	500 to 1
Four of a kind	100 to 1
Full house	30 to 1
Flush	20 to 1
Straight	11 to 1
Three of a kind	4 to 1
Two pair	2 to 1
Jacks or better	1 to 1
All other	Loss

There is also a stingy pay table, that pays 10 to 1 on a straight, instead of 11.

Strategy

The player should raise with any of the following hands.

1. At least one card jack or higher.
2. A pair
3. 3 to a flush
4. 3 to any straight

The player will have one of these hands 86.4% of the time.

House Edge

The following table shows all the possible events in Flop Poker, the probability, win/loss, and the contribution to the total return, based on the liberal pay table. The lower right cell shows a player return of -0.054237. This means the house edge, which is defined as the ratio of expected player loss to initial wager, is 5.42%. The element of risk, which is defined as the ratio of expected loss to the total amount wagered, is 2.91%.

Return Table in Flop Poker

Event	Combinations	Probability	Pays	Return
Royal flush	1880	0.000005	1001	0.004622
Straight flush	16776	0.000041	501	0.020642
Four of a kind	234624	0.000576	101	0.058199
Full house	1676064	0.004116	31	0.127607
Flush	2126344	0.005222	21	0.109667
Straight	4321584	0.010614	12	0.127364
Three of a kind	14197576	0.034869	5	0.174344
Two pair	37615896	0.092384	3	0.277151
Jacks or better	62578504	0.153691	2	0.307382
Tens or less	229129152	0.562735	-2	-1.125471
Fold	55272000	0.135747	-1	-0.135747
Total	407170400	1	-0.054237

The house edge on the pot bet is obviously 0%.

The house edge under the stingy pay table is 6.49%.

Written by:Michael Shackleford

The flop is a defining moment of the game. At this stage, you already know 71% of cards to come. The second important point to understand is that the flop doesn’t “hit” anyone in the majority of cases. Here’s a short checklist that you should be scanning in your mind:

• Position
• The flop’s texture
• Your rivals’ behavior
• Should you play this pot and what’s your plan provided the answer is positive?
• What might be the other players’ cards?
• Can you knock them out or cause them to make mistakes?

The last point refers to the very essence of the poker game. There’s an old saying that exactly hits this point. “There are two ways to win at poker except for cheating. One is due to your perfect skills and the other one – through your rivals’ mistakes. The second one is the more reliable!”

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So, let’s consider each of our checklist points.

Position

If you are an advanced poker player and are interested in seeing the flop, then you are either in a good position or hold top cards. If you are in a good position having an average hand, you’d better get back to previous lessons and read them again. You should evaluate your position relative to preflop aggressor. If you are still in to see the flop, then the preflop aggressor should have been you!

The flop texture

As mentioned above the flop might not hit anyone. But its texture will tell you what the possible combinations are and what we should pay attention to.

The behavior of the rivals

You should have been that preflop aggressor. You should raise and fold much more often than call villains' bets. Ok, sometimes you can also call to keep the game going. Take into consideration community cards structure, how an aggressor tends to behave, your position and other key elements that may help you decide how to act. Having being aggressive preflop go on betting. It's recommended to put about two-thirds of the pot.

If you are not an aggressor then who's first to act? If you are an aggressor - bet more, as it's you and not your rival who will get a pot. This tactic is very efficient as it proves the value of playing aggressively. If the preflop aggressor acts first, you can make an additional bet and act depending on rival's hand and game features.

What’s your plan?

Bear in mind that folding is not that bad. Often competent players lose their money because of their ego that doesn't let them step back. As already mentioned, people never plan to fail, but they fail to plan. You should always have a plan and act reasonably. If you are not sure about how to behave in a particular situation, it's time to start thinking about. This is the psychology of the poker game. Here’re some examples of questions you should ask yourself durring the game.

What might be the other players’ cards?

You should always think about what cards your rivals might have and rank them in your mind. Observe of your rivals at the table to figure out their playing tendencies and approach to the game. Pay attention to how they play their hands, try to read their mind. Are they winning or losing? Are they controlled or in control?

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Further on it will result in the ability to read other players and calculate what their hands are. We all remember Daniel Negreanu having exactly listed his rival's cards. He's not a magician, he's observant and knows to take into account all the clues and see the whole picture.

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Can you cause them to make mistakes?

It will depend on your own and your rivals' skills. Don't let your ego confuse you, be honest with yourself and don't overestimate your own abilities. What are the mistakes you may cause a villain to make? For example:

• make him fold when his hand is better than yours;
• make him call when your hand is better;
• make him stop and fold when you've got a draw or a bad hand.

Don’t be too much into bluffing and calling. If one of the players calls your bet preflop, make sure you play right. The key point is to know your opponent and assume what may cause him to make a mistake. It's very important to figure out and evaluate his strengths, weaknesses and playing tendencies. This knowledge will also enable you to move on to the advanced game level.

Most of your poker profit comes from your rivals’ mistakes and not your perfect skills. Your goal at the table is to help your opponents make mistakes. You should know your rivals to decide which tactics to use against them.

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Our next lesson will be devoted to the turn and river and will complete the betting topic.

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Stay tuned!