1. Eliminate Players

You should come in raising to cut down on the number of players against you.  Even though you may have a premium hand you should be more concerned about winning the hand rather than winning pot.

2. If Another Player Besides Yourself Is About to Go All-in

You should consider betting or raising to ensure he does go all-in, even if, and especially if, you think he has you beat.  Getting him all-in does three good things for you:

1. If he has you beat, then you have started building a side pot for yourself that he cannot win.  The earlier in the hand that you start to build a side pot, the more money you will win if you win the hand.
   
2. If he does not have you beat and he does not win any of the main pot, then he will have to either buy-in for more money or leave the game and give the seat to a new player who will have a full buy-in.  both of these events have the effect of getting more money on the table and into the game, which is good for you.
3. Your bet or raise may have the unintended side effect of driving out a player who might have poker bad beat you had you not bet or raised.

3. Head-up

When you get a player all-in head-up against you, you have a special problem.  Depending on what you think he has, you might want to leave him with enough checks so that he ample, you have A♥ A♠, you raise pre-flop and your sole opponent reraises you, leaving him only $ 4 left to play the hand with.  Ordinarily, you’d want to rerasie to get him all-in, but you might want to wait to see the flop, because once you do get him all in, he gets to play the hand all the way to the river for free.  If he gets a terrible flop, he might change his mind about going all-in and save his last $ 4 when you bet on the flop.
I learned this lesson the hard way-twice.  I had A♥ A♠ in the pocket, got my sole opponent all-in before the flop, and flopped A♣ K♦ Q♠.  If I had left him checks to play with, he would have thrown the hand away when I bet on the flop, because all the he had was 2♥ 2♣ and he was certain I had flopped a set of Aces, Kings or Queens, or Aces-up. Since he was all-in and couldn’t fold his pair of deuces, he won the pot when the turn was the 2 ♦ and the river was the 2 ♠ , for four of a kind.

4. Avoid a Side Pot
   

You should usually not try to create a side pot if you think you might not have the first or second best hand in the advanced stud poker .  The first and second best hands will win the main pot and the side pot and if that’s not you then you’re just wasting your money.  If you create a side pot when you didn’t have to, and then you miss your hand, you’ll usually have to bluff at the side pot and if you win that, you’ll still have to show your hand to the guy who went all-in for the main pot.  Remember, since he probably chose to go all-in on this hand, he probably has a better hand than average himself.

5. You will Win More Hands than Average

When you do choose to go all-in, typically, you will have chosen a better hand than average to play and, more importantly, you will get to play the hand all the way to the end without having to fold.  An excellent example would be if you had T♥ T♣ in the pocket and the flop was J♣ 6♦ 5♣ and there was a bet and two raises.  You would certainly throw away your hand because there are so many reasonable hands that could beat you, given the bet and two raises.  They are any pair in the pocket higher than Jacks, A ♣ J♦ , K♥ J♠ , Q♦ J♦ , 6♣ 6♠  and 5♥ 5♠.  You’ll get another Ten by the river one out of nine times and win a pot that you never would have played if you had to play.

6. Protect Your Bankroll

Choosing to go all-in is a critical decision if you must win the hand to stay in the game.  Protect your bankroll, no matter how small it is.  Don’t play a hand just for the sake of getting rid of your last $ 8 or $ 10, or whatever you have left.  Just $ 5, when played judiciously, can rapidly put you back in the game if you win.  If you go all-in with $ 5 against four other players and win, you will have $ 25 to play with.  If you go all-in with that $ 25 against four players and win, you’ll have $ 125.

If You Can’t Win this Hand
  Often you will have doubts about a Hold’em hand as it progresses from the flop and into the turn and river, and it becomes apparent that you won’t win the hand you’re playing.  All is not lost, however.  Depending upon your position, the number of players left in the hand, who the players are, and what the flop is, you can sometimes, but not that often, influence the outcome of the hand.

  An ideal situation would be if you were to see the turn card with two other players, one a drinking player who plays badly, and the other an older, conservative player who doesn’t take chances.  The turn card comes and you’re sure you can’t win the hand.  When the loose player bets, you raise, even though your hand doesn’t warrant it.  This makes the tight player call two big bets on the turn and in all probability, he’ll much his cards unless he has a really great hand.  The bad player then wins the hand betting on the river.
  The reason this helps you is that you can get that money back from the bad player.  The tight player who wins a big pot is more likely to hold on to the money and not lose it back nearly as fast as any other player at the table (beside yourself, of course). 
  If you must lose a hand, you should not mind losing to any one of the players that you would like to play against (mentioned earlier).  When you lose a pot to a player who is not as good a player as you are, you should consider that or a week, but your superior play will get that money back in the long run.
  In addition to this list of players, the three types of players that you shouldn’t mind losing a pot to once in a while are:

1. Players Who Have Just Been Seated

You shouldn’t mind losing to players that have not played for long.  Most players stay for quite a while when they decide to take a seat in a poker game and a player who wins a big for you to have a chance to win it back,  It’s rare that a player will sit down in a Hold’em game, win a big pot and immediately leave the game.  You’ll have plenty of opportunities to get that money back.

2. The Worst Player in the Game

The reason is obvious but sometimes it takes longer to get your money back because the worst player will play nearly every hand against you.  You’ll have to have the best hand at the showdown nearly every time and if that’s the only way you can win, it will take a little longer.

3. The Player on Your Right

You would rather lose a pot to the player on your right than the one on your left.  Since the player on your right will have acted on his hand before you do, you’ll almost always have position on him.  The money on the table tends to move clockwise in Hold’em because of position, and the idea is for his money to move clockwise into your stack.

If possible, you should sit to the left of bad players, players who play too many hands, players who have a lot of money in front of them, and players who bet more often than their hands warrant.  And if you can find a player who has more than one of these qualities, then so much the better for you.

To Play or Not to Play a Hand?
  How do you, after looking at your two pocket cards, decide whether or not to play the hand?  What makes you call the blind and raises, and what makes you throw the hand away?  Here’s how I look at the question.

  Assume you are playing in your usual hold’em game.  That’s easy to imagine.  I’m going to ask you to imagine a lot more after this, so pay close attention.  Assume that you are in your typical game with your typical number of players, with the usual stakes that you have been dealt Q♣ 9♥.  If you don’t like Q♣ 9♥ as your hand, then feel free to mentally substitute any other hand that you like for this example.  It doesn’t matter.
  In fact, this exercise is meant for every two-card  combination, because you will be dealt every two-card combination in the long run.
  After the flop, assume that you play the hand as you see fit.  You can throw the hand away, you can call, or raise, or do anything you want.  Now comes the tricks part.  Assume now that you will get this same hand death to you for the next one million hands.  Assume that this is the only Hold’em hand that you’ll never be dealt for the rest of your life (I hope you picked a good one).  You’ll get the hand in every position under all the usual game conditions.  Every time you get Q♣ 9♥ (or whatever hand you’ve chosen), you do not remember what the hand was after it’s over, and neither does anyone else.  And you’re going to do this for one million consecutive hands.

Expectation Principles
  Every hand of poker that you play will have either a positive, negative or zero expectation, depending on the odds you are getting in the hand.  What that means is that you’re not guaranteed to win any hand in particular, but if you play the hand over and over, you will either win or lose with it, and your expectation per hand is your win or loss divided by the number of times you played the hand.
  For example, if you played the Q♣ 9♥ mentioned on the previous page one million times and found that you had won exactly one million times and found that you had won exactly one million dollars, then your expectation would be a positive $ 1 per hand.  I’ll explain each type of expectation in detail, beginning with zero expectation.
  Zero expectation is when the pot odds are exactly the same as the drawing odds.  I’ll start with simple examples and gradually move towards showing you how this applies to poker.  I’ll start by offering you a proposition bet.  You and I are going to flip a fair coin one million times and every time it comes up heads, I will pay you $ 1, and every time it comes up tails, you pay me $ 1.

Now let’s get a little more complicated.
  Divide your chips into four equal stacks, playing one for yourself and the other three for three imaginary opponents.  The names of your imaginary opponents are♣ ,♦ and ♥ .  Your name is♠.  Now all four of  your are going to bet that the top card off the deck will be a ♠.
  If you have the idea by now, then you know that the odds of any card being a ♠ are one out of four, or 3 to 1.  And that’s what we have set up here; three players against one.  Put a chip from each player in the pot and turn the top card off the deck.  If it’s a♠, then you win the pot, it’s a♣, then the♣ player wins the pot and son on.  Repeat this until the deck is gone.  Now who has how many chips?  Every player will have exactly as many as he started out with.  You are making a bet where the odds of winning is 3 to 1 and that is exact odds you are being paid.  Your expectation in the long run is zero.

  Now we will look at negative expectation.  Divide the poker chips into three equal stacks instead of four.  Your are playing against two other players instead of three.  This means that you are now getting 2 to 1 on you bets instead of 3 to 1.  perform the above exercise again and award the pots to the♣ and♦ players until all of the cards in the deck are used up.  When over the♥player win, you can divide his pot in two and give it to the two other players since he is not in the game.  Of course, you still win the♠ pots.
  Now what happened?  Since there are still thirteen♠ s in the deck and you won thirteen hands just as you did in the zero expectation exercise, your chances of winning obviously did not change.

  What changed was the odds you were being paid to draw to your hand.  This is why, when you are drawing to a poker hand that has a 3 to 1 chance of being completed, you need to be assured that the pot is offering you odds of at least 3 to 1 when you do make the hand.
  Let’s look at an example of negative expectation as it happens in an actual Hold’em game.  Give yourself 5♠ 2♠, and put A♠ K♠ J♦ up as the flop and the T♥ as the turn card.  Divide your chips into two equal stacks and give your sole opponent Q♦ 9♥ in the pocket.  He already has the nut straight on the turn and clearly your only out is to make your ♠ flush.  Here goes.  Put one chip in the pot from each stack and turn the top card on the deck.  Award the pot winner and keep repeating this until all the cards in the deck have been used. 
  What happened?
  You beat his straight nine times with a flush.  You made the hand you were hoping to make, and yet you still lost money.  The pot odds were obviously not correct for you to draw to a flush.
  The real-life practical lesson you should learn from this is: Don’t draw to a flush head-up if making the flush is your only out.  As you have just proven to yourself, it’s a losing proposition, even though you will make the flush nine out of forty-four times.
  Sticking with the same example, since we are so familiar with it, let’s take a look at how positive expectation works.  Recognizing positive expectation situations and betting opportunities is the backbone of being a winning poker player, regardless of the specific type of poker you are playing.

  This is what I do: Before the flop and on the flop I mentally count, “One, Two, three, four,” etc., as each bet goes into the pot.  A raise counts as two bets, because that’s what it is.  I continue the count on the flop. After all the betting is complete on the flop and the turn card is about to be turned, I divide my running count in half, since the bets double on the turn.  This way I always know how many bets are in the pot when I have to do mental division to divide my bets into the pot size to get the pot poker basic odds