Range - Equity - Maximum, or REM, was a concept created with the first printing of Professional No-Limit Hold 'em: Volume I. It's a terrific way to evaluate your plays in no-limit holdem and think logically about your decisions.
Playing winning poker is the process of getting information and then using it to make the most profitable play. The REM process is one of the easiest ways to execute this. The three steps in the REM process are "Range, Equity, Maximize."
Range
The first step in REM is defining your opponents range. There are over a thousand possible poker hands, but based on your opponents decisions throughout the hands, we can narrow this range down to something more manageable. To properly execute the Range step, there are a number of sub-steps to consider.- Know Thy Opponent - Everything about your opponent will affect whether or not certain hands are in the opponent's range. A tight player, under the gun, will not raise garbage. I've made a list of the things you can know about your opponent that will help you gain the most information: Preflop Standards, Betting Patterns or Amounts in Various Situations, Particular Actions on Specific Streets or with Specific Hand Types, Physical Tells, Betting Pace. (Read More: all of these categories are fleshed out in the book, Professional No-Limit Hold 'em: Volume I
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- Reevaluate What You Know - Every street should involve a reassessment of your opponents range based on each new action on each new street. This should also involve reassessing previously eliminated hands. Opponents are capable of and willing to mix up their play by raising hands like eight-five suited.
Equity
The second step in REM is to analyze the information that we got during the first step. This is simply calculating your equity against your opponents range. Off the table, this step can be outsourced into PokerStove, but on the table, you need a few additional skills for estimating your equity on the fly.Maximize
Maximizing means making the best decision given your equity in the hand. Your choice of actions is always to check, fold, bet, raise, or call. Your goal is to maximize your winnings by selecting the highest EV action.Summary
The book this is from, Professional No-Limit Hold 'em: Volume I
Charles B. July 24, 2010 5:24 AM
This is also the reason you should muck your cards. Showing cards helps your opponents gain more information about your range of hands. While it may be tempting to shut up a big mouth who thinks you’re bluffing, this only helps your opponent get a feel for your play style. But I think there is one exception; when you’re first sitting down at a table, it may be wise to reveal a winning hand to establish credibility for a big bet, which can help make opponents more respectful of future plays— some players are willing to pay to make sure a new player is honest.
Have you ever encountered this?-- people ignoring what your bet is representing when they haven't seen you go to a showdown?