My friend (and blog reader) Taylor called me yesterday to ask me questions about what constituted an out and when he would know that he was getting odds to draw. I started to explain the “rule of two” (where you treat each out as 2%) and how to convert 1 in 3 to 2 to 1.
Then I realized that what he really needed to read was the Theory of Poker by David Sklansky. It’s a book that contains concepts that a professional player keeps coming back to over and over again, without realizing that they are coming out of this book. Taylor said he wanted to buy a copy, so I decided to write this little blog post and provide a link for him.