This is an excellent book on no-limit cash play.
Chapter 1: Analytic Tools, for example, begins with the following question: suppose you have A K, raise pre-flop, and have N opponents. (e.g., N = 1, 2, 3, etc.) Supposing these opponents hold two random cards, what is the probability at least one will hit an unpaired flop? Table 1.1 is the first of many great tables in this book, and it tells us that N = 1 means it's 65% likely nobody hits, up through N = 9 => 1% likely nobody hits.
Then Tony asks: Suppose you make a 2/3 pot continuation bet: how many opponents can you have before this bet is no longer profitable, assuming your bet is called/raised if and only if an opponent pairs? Answer: N = 2 is slightly profitable, and N > 2 no longer profitable. This example ends with the author critiquing his own assumptions (e.g., that players will call your pre-flop A K raise with two random cards, play back iff they hit one pair or better, etc.) and cautiouns that all such models should have their assumptions questioned.
As an objective conclusion to this review:
If you play any form of no limit hold `em, then even if you happened to disagree with every single piece of strategy advice Tony gives (making you a tough critic indeed :) ), the probability reference material alone will still make buying this book for $11 a profitable decision.
- Collin
Author of Sit 'n Go Strategy