Million Dollar Hold'em - Johnny Chan, Mark Karowe

Million Dollar Hold'em is a unique book. Written by a world champion at no limit, this book focuses on the concepts necessary to be successful in fixed limit games. There is a lot you won't find in this book. You won't find an introduction to hand rankings or the rules governing how to play Texas Hold'em. This book is aimed at people who have an innate understanding of these things.

The structure of this book is unique as well. Johnny presents a concept. He presents it succinctly and then proceeds to demonstrate it. The vast majority of this book is a recap of hands that have been played. Using these hands to demonstrate the concepts presented. For someone with experience at the tables, this is a very effective method. Often I was able to think back to a hand I played earlier in the week or month and say, "That's what he was doing." Or sometimes, ok maybe more than sometimes, "That's why he called my bluff."

This treatise can be very enlightening. Also of key importance, Johnny assumes the reader has the skills to identify what kinds of plays people are fond of. What kinds of risks other players are willing to take. Most of these concepts work or don't work because you have more than just a guess about how your opponent will react. If you are struggling to identify who is tight aggressive and who is weak passive at a table there is very little this book can help you with.

You always hear that poker is a people game, not a card game. This book shows you just how true that statement is. Is you understand the people you are playing with, this book will help you improve the decisions you are making against them and ultimately, when you make good decisions you will make money.