The Theory of Poker

The Theory of Poker by David Sklansky discusses theories and concepts applicable to nearly every variation of the game, including five-card draw (high), seven-card stud, hold ’em, lowball draw, and razz (seven-card lowball stud). This book introduces you to the Fundamental Theorem of Poker, its implications, and how it should affect your play. Other chapters discuss the value of deception, bluffing, raising, the slow-play, the value of position, psychology, heads-up play, game theory, implied odds, the free card, and semibluffing. Many of today’s top poker players will tell you that this is the book that really made a difference in their play. That is, these are the ideas that separate the experts from the typical players. Those who read and study this book will literally leave behind those who don’t, and most serious players wear the covers off their copies. This is the best book ever written on poker.

Invariably at or near the top of any list of serious titles on poker, this book is the leading work on poker theory. Since virtually every dedicated player has read it, to play without reading it is to put yourself at a disadvantage. Sklansky focuses on the math of poker--how to calculate odds, pot odds, reverse implied pot odds, etc. It's not a fun read; it reminded me of some of the college textbooks I dreaded, but it rewards hard work with a new depth of insight that will make you a smarter, more insightful player. It deserves five stars but I gave it four because it can be so dreary. No colorful stories of how so-and-so went all in with a pair of fours only to [take out a set on the River, etc. Sklansky is so professorial in tone it's hard to imagine him at smoky poker table betting the farm. And in truth, he's more noted as a theoretician than a player. But if you want to play poker for serious stakes, this book is required reading.