Overview
"The Theory of Poker" by David Sklansky, first published in 1987, is considered a foundational text in poker strategy literature. The book focuses on the mathematical and theoretical underpinnings of poker rather than game-specific tactics.
About This Review
This review summarizes the book's content and significance based on publicly available information about the text and its place in poker literature. The Ace Score reflects an assessment using our book review criteria.
Author Background
David Sklansky is a poker author and theorist who has written multiple books on gambling and poker strategy. He is associated with Two Plus Two Publishing and has contributed to poker theory for several decades.
Key Lessons and Themes
The Fundamental Theorem of Poker: Sklansky introduces the concept that every time you play a hand differently from the way you would have played it if you could see all your opponents' cards, they gain; and every time you play your hand the same way you would have played it if you could see all their cards, they lose.
Core Concepts:
- Expected value and pot odds
- Implied odds and reverse implied odds
- Semi-bluffing theory
- The value of deception
- Position and its strategic importance
- Reading hands and hand ranges
Teaching Style
Sklansky writes in a theoretical, concept-focused manner:
- Emphasis on understanding 'why' over memorizing 'what'
- Mathematical explanations of strategic decisions
- Examples illustrating theoretical points
- Focus on principles applicable across poker variants
The book assumes basic poker knowledge and is aimed at players looking to understand deeper strategic concepts.
Depth and Usefulness
Strengths:
- Timeless theoretical framework
- Applicable across multiple poker variants
- Develops critical thinking about poker decisions
- Referenced in subsequent poker literature
Considerations:
- Less focus on specific game tactics (Hold'em, Omaha, etc.)
- Poker has evolved since publication, especially online play
- Some readers may prefer more hand examples
Long-Term Value
"The Theory of Poker" is frequently cited in poker education:
- The Fundamental Theorem remains a core teaching concept
- Expected value framework is foundational to poker thinking
- Concepts apply despite changes in poker games and formats
The book is often recommended as essential reading for serious poker students.
Who May Benefit From This Book
- Players seeking to understand poker theory
- Those who want framework for strategic thinking
- Readers comfortable with mathematical concepts
- Students of game theory applied to poker
Consider Other Resources If
- You want game-specific tactics for Texas Hold'em or other variants
- You prefer hand-by-hand analysis over theory
- You are a complete beginner to poker
Important Note
Poker involves financial risk and skill development takes time. This book provides theoretical framework but does not guarantee success. Results depend on many factors including skill development, game selection, bankroll management, and variance.