Tip #20 - Don't play every drawing hand

Drawing hands, such as flush draws and straight draws, can be very profitable when played correctly. However, many players lose money by playing too many drawing hands without considering the proper conditions. Just because you have a draw doesn't mean you should always continue with the hand.

Key factors to consider when playing drawing hands:

• Pot odds versus the odds of completing your draw
• Implied odds (how much you can win when you hit)
• Position relative to your opponents
• Stack sizes (deeper stacks favor drawing hands)
• The likelihood of making the best hand if you hit

Situations where you should be cautious with draws:

• When facing multiple bets or raises
• When you don't have position on the aggressive players
• When your draw is to the second-best hand (like a lower flush draw)
• When the stacks are too shallow to justify calling
• When your opponents won't pay you off even if you hit

Better spots for playing drawing hands include:

• When you have position on your opponents
• When you have additional ways to win (like overcards with your flush draw)
• When the implied odds are excellent (deep stacks and loose opponents)
• When you can potentially win without hitting (through semi-bluffing)
• When you're drawing to the nuts (like the nut flush)

Remember that drawing hands are speculative hands - they need the right conditions to be profitable. Don't fall into the trap of calling just because you have a draw. Always consider whether the potential reward justifies the risk, and be prepared to fold when the math doesn't work in your favor.