Limit Hold’em: Plusses And Minuses
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.
What may be considered a significant plus of the game is the amount of literature devoted to it: many of the contemporary books on poker are devoted to limit games. It is a well studied game and it is possible that a thorough student may learn much from the experience of others. As a result decisions are simpler to make in limit hold’em and most of them are easily supportable by basic mathematic tools for quick mental in-game 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).
There is virtually no poker game untouched by statistical dispersion. Huge losses happen to the most expert of players, a major deterrent to a lot of would-be players. Higher dispersion rates can be found in no-limit and tournament games making limit poker less intensive psychologically. Limit Hold’em can be indulged in with little money in one’s bank and there are several unique computer programs designed for limit poker. Two of which are Poker Tracker and Poker Office. These programs are very helpful especially for low limit players. They can be of use during play as well as after whenever you need to analyze or calculate statistics of the game at any point.
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.
While the availability of limit poker is not a problem online, off line is another story. There is little exposure in the non-virtual world because limit poker does not include the features that make a poker game attractive to casinos and card clubs. It is the camaraderie around the table, the laughter and chatter, that makes the game rewarding and memorable to most people. This cannot be found online but requires a group around a table. The limit player gets his thrills from the true essence of poker – the combination of cards.
The author is a successful limit cash game player. He plays poker online and receives Rakeback at Absolute Poker and Rakeback at Fat Bet Poker.