Poker is a card game where players bet on the strength of their hand, and the best 5-card hand wins the pot. The game has several variants, but the most popular and widely played is Texas hold’em.

Poker can be very addictive and there are a lot of different tips to help you improve. Many of these are focused on mental game and mindset, but a good poker strategy also includes understanding the mathematics of poker. This workbook will give you a structured way to memorize the key formulas and internalize them so you can make better decisions at the table.

Stack size – The amount of chips a player has to place in the pot before they can call or raise. This is the most important factor in determining your risk/reward ratio.

Action – Can refer to any number of actions taken in the game including calling, raising and folding. Also referred to as being “in the action” or playing in the zone.

Pot odds – The chance that you will hit your hand on the next round of betting, given the current board and community cards. Advanced players think about pot odds in ranges, analyzing the likelihood that their opponents have certain hands based on their actions and the board.

Having strong preflop play will greatly improve your chances of winning a hand. However, it is important to remember that a good preflop doesn’t guarantee a win, and you will need to learn to play the rest of the streets well too.