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see also
Pre-Flop Strategy
Texas Holdem Strategy
Big Pairs: A big pair is how you guessed it, top pair or an over
pair. For example a big pair would be when you have AK, and the flop
is AQ6. Notice that you have top pair. Another example would be
having QQ and the flop is T63. When other people with lessor hands
are trying to beat you, you are in a way defending your position.
You want to make it as costly as possible to try to draw out on you.
If you have the best hand now, everyone is drawing against you. Some
people may have legitimate draws, others may be long shots but
either way, you have the winner now and want to keep it that way.
"Big Pair" hands work best when there are few people against you.
The more people in against you, the weaker they become because you
have more people drawing and there will be less safe cards that
won't help them improve. So when you have this type of hand, you
want to play in such a way that will reduce the competition. For
example if you have AA or KK preflop, the reason that you raise in a
low limit game is to lower the amount of people in.
Key Point: Big Pair hands don't like lots of opponents. They win
most when there are few players against them.

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Draws:
A drawing hand is a that still needs cards to improve to the winner. Some
legitimate draws you will run into are: open ended straights, flush draws,
small pairs, etc. An open ended straight is a hand where either end can
hit and you will complete your straight. An example of this would be
having KJ and the flop is QT4. Notice that if you hit either a 9 or an A,
you will have the straight. An example of a flush draw would be having
9Tclubs and the flop is AcQc4d. Notice that it only takes one more club to
make the flush for you. The last draw mentioned was a small pair. These
are really draw hands because they need to hit to win usually. For example
having 55 and the flop being A53. You would have hit your draw. You'll
want to read the section on things to stay away from if you are tempted to
go for gutshot straights, backdoor flushes, and catching your pocket pair
after the flop.
Key Point: Draws favor lots of opponents since they hit infrequently.
Because of this, to make them profitable, lots of players need to be in
the hand (or lots of money).
Milking
Hands: You would like to see these hands as often as possible but they
are rarer then having top pair. A milking hand is any hand that you have
the nuts, two pair or better. The "nuts" is the best possible hand. For
example, let's say that you have Ad5d and the flop is Qd9d2d. You now have
the best possible hand and for someone to beat you, they would have to
pair the board or get very lucky. Your goal now is to extract the most
money from them you can. Often this will be best accomplished by not
giving away your hand too early and reducing the number of opponents.
Instead you can "slow play", meaning not raising until later betting
rounds where the bet size doubles. Another example would be if you have 88
and the flop is A84. Notice that there is no immediate danger in letting
people draw cheaply against you so you can just call. Then on later rounds
a raise or check raise is used to get as much from them as you can. You'll
find that hitting sets like the 8s above makes a lot of money since the
hand is so well disguised. The flush, straights, fullhouses, etc will
still win but the set is the hardest to read if you are on the other end.
Key Point: You want to make the most money on these hands that you can.
The specific hand will dictate how you will want to play it.

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