Modern Poker Theory: Building an unbeatable strategy based on GTO principles
Modern Poker Theory is a comprehensive, rigorous guide to the most important aspects of No-Limit Hold’em. It is based around an in-depth examination of what is meant by game theory optimal play (GTO) and how it can be applied at the table. Understanding GTO is fundamental to being able to make accurate poker decisions and being able to exploit players who don’t.
 
Modern Poker Theory uses modern poker tools to develop a systematic approach to the analysis of GTO. It organizes the ideas and concepts in an intuitive manner that is totally focused to practical applications.
 
Next time you are at a table some of the players will have studied Modern Poker Theory and some won’t. The players who have studied Modern Poker Theory will, without doubt, have a better theoretical and practical understanding of No-Limit Hold’em. They will be the favourites in the game. Make sure you are one of them.
 
Michael Acevedo, one of the world’s leading poker theorists, is a game theory expert who is renowned for creating cutting-edge content for the world’s leading players. The production of Modern Poker Theory is the culmination of many thousands of hours of his research work with the most advanced poker software tools available. It is poker theory for the 21st century.
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Modern Poker Theory: Building an unbeatable strategy based on GTO principles
Modern Poker Theory is a comprehensive, rigorous guide to the most important aspects of No-Limit Hold’em. It is based around an in-depth examination of what is meant by game theory optimal play (GTO) and how it can be applied at the table. Understanding GTO is fundamental to being able to make accurate poker decisions and being able to exploit players who don’t.
 
Modern Poker Theory uses modern poker tools to develop a systematic approach to the analysis of GTO. It organizes the ideas and concepts in an intuitive manner that is totally focused to practical applications.
 
Next time you are at a table some of the players will have studied Modern Poker Theory and some won’t. The players who have studied Modern Poker Theory will, without doubt, have a better theoretical and practical understanding of No-Limit Hold’em. They will be the favourites in the game. Make sure you are one of them.
 
Michael Acevedo, one of the world’s leading poker theorists, is a game theory expert who is renowned for creating cutting-edge content for the world’s leading players. The production of Modern Poker Theory is the culmination of many thousands of hours of his research work with the most advanced poker software tools available. It is poker theory for the 21st century.
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Modern Poker Theory: Building an unbeatable strategy based on GTO principles

Modern Poker Theory: Building an unbeatable strategy based on GTO principles

by Michael Acevedo
Modern Poker Theory: Building an unbeatable strategy based on GTO principles

Modern Poker Theory: Building an unbeatable strategy based on GTO principles

by Michael Acevedo

Paperback

$39.95 
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Overview

Modern Poker Theory is a comprehensive, rigorous guide to the most important aspects of No-Limit Hold’em. It is based around an in-depth examination of what is meant by game theory optimal play (GTO) and how it can be applied at the table. Understanding GTO is fundamental to being able to make accurate poker decisions and being able to exploit players who don’t.
 
Modern Poker Theory uses modern poker tools to develop a systematic approach to the analysis of GTO. It organizes the ideas and concepts in an intuitive manner that is totally focused to practical applications.
 
Next time you are at a table some of the players will have studied Modern Poker Theory and some won’t. The players who have studied Modern Poker Theory will, without doubt, have a better theoretical and practical understanding of No-Limit Hold’em. They will be the favourites in the game. Make sure you are one of them.
 
Michael Acevedo, one of the world’s leading poker theorists, is a game theory expert who is renowned for creating cutting-edge content for the world’s leading players. The production of Modern Poker Theory is the culmination of many thousands of hours of his research work with the most advanced poker software tools available. It is poker theory for the 21st century.

Product Details

ISBN-13: 9781909457898
Publisher: D&B Publishing
Publication date: 08/06/2019
Pages: 480
Product dimensions: 6.70(w) x 9.40(h) x 1.20(d)

About the Author

Michael Acevedo has a background as a mathematician and is a professional online tournament player and coach. He has consistently beaten the toughest online games at all levels, made poker videos for numerous training websites and coached hundreds of players from all around the world. He has assisted with the development of Pio Solver, one of the most advanced GTO solvers in the world. This experience has helped him become a world authority on the theoretical aspects of poker. 

Table of Contents

Acknowledgments 8

Foreword Jon Van Fleet (Apestyles) 10

Introduction 13

Part 1 The Elements of Poker Theory

01 Poker Fundamentals 16

The Basic Concepts 16

The Key Metrics 31

02 The Elements of Game Theory 60

The Core Concepts 60

Maximally Exploitative Strategy (MES) 61

Counter Exploitation 63

The Nash Equilibrium 66

The Indifference Principle 69

The Clairvoyance Toy Game 70

Minimum Defense Frequency (MDF) 80

Exploitative Play Versus GTO 85

GTO in Multi-way Situations 94

03 Modern Poker Software 98

Equity Calculators 98

Range Analysis Tools 99

EV Decision Trees 100

Preflop Nash Calculators 100

GTO Solvers and Artificial Intelligence (AI) 101

Commercial Artificial Intelligence Software 103

GTO Solvers 103

PioSOLVER 105

MonkerSolver 106

GTO Poker Training Web Apps 107

Part 2 Pre-flop: Theory and Practice

04 The Theory of Pre-flop play 109

Blinds and Antes 109

Complex Strategies 114

Playing First In 119

Limping 127

Open Push 129

General Guidelines for Pre-flop Bet-sizing 130

General Pre-flop Play Heuristics 131

05 6-max Cash Game Equilibrium Strategies (100bb) 134

Recommended Bet-sizings 135

GTO Raise First In Strategies 135

Playing vs 3-bets: General Heuristics 146

General Guidelines for Playing Versus Open Raises 150

Specific Ranges for Playing Versus Open Raises 153

06 The Theory of Tournament Play 169

Variance 169

Poker Tournament Metrics 174

Decreasing Variance and Increasing Profitability in MTTs 176

Understanding Tournament Metrics and Results 179

MTT Bankroll Management 182

Game Selection 183

The Mental Game 186

Tournament Life 187

07 MTT Equilibrium Strategies: Playing First In 203

Bet-sizing 204

Short Stack Push/Fold Charts 206

Small Blind PFI Strategy 209

Button PFI Strategy 214

Cutoff PFI Strategy 218

Hijack PFI Strategy 220

Lojack PFI Strategy 222

UTG+2 PFI Strategy 224

UTG+1 PFI Strategy 226

UTG PFI Strategy 227

08 MTT Equilibrium Strategies: Defense 230

Theoretical Considerations 230

Big Blind Versus Small Blind 232

Defending the Big Blind Versus IP Player 239

Defending the Small Blind 249

Defending the Button 259

Defending the Cutoff 266

Defending the Hijack 271

Defending UTG+1 277

09 MTT Equilibrium Strategies: Playing Versus 3-bets 280

The Key Factors 280

Short Stack 2x Open Versus Rejam (10-25bbs) 281

Mid Stack Open Versus Non-all-in 3-bet (25-40bbs) 290

Big Stack Open Versus Non-all-in 3-bet (60-80bbs) 299

Part 3 Post-flop: Theory and Practice

10 The Theory of Post-flop Play 304

The Theory of Betting 305

Equity Buckets (EQB) 311

Post-flop Bet-sizing 313

Bet-sizing and Modern Solvers 330

11 The Theory of Flop Play 333

Suit Isomorphism 333

Dynamic and Static Boards 334

Flop Classification Scheme 335

The Flop Donk Bet (DK) 340

The Value of Donk Betting 354

The Power of Position 355

12 The Flop Continuation-bet (c-bet) 360

Overall Flop Metrics 361

Developing IP C-betting Strategies 374

Developing OOP C-betting Strategies 394

C-betting in 3-bet Pots 404

C-bet Defense 410

31 GTO Turn Strategies 428

Key Strategy Lines 429

Turn Play After Flop Check Back (x/x) 430

Turn Play After Flop C-bet and Call (x/b/c) 434

Turn Categories 438

14 GTO River Strategies 453

Setting up a River Abstract Model 454

River Abstract Models 457

Linear Distributions 467

Practical Applications 476

Final Word 479

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