You must be prepared to sit down at any money or free Texas hold'em table, online or live and study the other players. I do believe patience is the key ingredient when it comes to analyzing players and the most vital stage is when the game starts.
Why you might ask?
This provides you with you an opportunity to settle-back and take mental notes on the players actions. This is helpful during the first half hour of a free Texas hold'em game in particular as quite a lot of players like to go all in and hope they win the pot. I myself will only call these players with a high pair, or suited low connectors because I've played them before, and they will go all in with any two hand cards given.
What Do You Need To Analyze?
The notes you should take in the first half-hour or if moved to a new table in any money or free online poker game are quite simple.
Determine which players are playing carefully and those that are playing loose. Those who are playing loose could very well bet on virtually every hand and call almost anything.This is very common in free Texes hold em games where low risk eliminates good sense at times!
Those that are playing conservative will continue to fold until they get the cards in hand they want or any pairs of AA's, KK's, QQ's, JJ's.
How to Read a Bluffer
This can be tough if you have not been paying attention to the game as can happen a lot with free taxes hold'em or if you are playing multiple games online.
If you have been paying attention to the game you will get more of a feeling as to who is bluffing.
For example:
If you have an ace and king of spades you'll be feeling good about your whole situation. Now you wait for the other player to check or bet, to your surprise the player bets 400 chips when the pot is at 120 chips.
So you call the player and on the flop lands Queen of spades, Jack of Spades, and ten of hearts. The other player goes all-in in order to make you think he/she has the winning hand. You know you've won it so you call the players bluff and go on to win.
That is very obvious but if you are facing a more conservative player then they could try to buy you in by betting low not over the pot before the flop and after. These players know what they are doing and most likely will have a full house against your ace high straight. Now your experience comes into play...have you marked who is loose and who is conservative?
Handy Game and Player Reading Tips
1) Players who take a very long time and hold back are attempting to mislead you into believing they've got nothing and wait for you to make a bet worth calling. (Note: in free Texas hold'em the player may very well be taking a long time because he/she is playing multiple games.) Filter these players out as this might be a habit for them.
2) Be wary of players who anticipate until the last second and raise you all-in. They are attempting to buy the pot with a decent pair hoping you don't have any aces in your hand!
3) Everybody knows a chip bully. Every table has one. The only way to knock a chip bully off his high priced chair is not to be affected by his/her large chip stacks. When you've got it, go for it. Quite possibly, he/she is bluffing because, they want to pilfer the pot or blinds.
Every Player Develops Habits.
And from habits develop betting patterns - But What patterns might they develop?
A bad habit (for them) you will witness sometimes is that some players will lose a large chunk of their chip stack. They get upset because they've taken a bad loss but rather than cut their losses elect to carry on, often all-in until they lose all of it or earn back some chips (rare!). These players have given up and gone on "tilt". The best thing to do is to call them once the time is right. So have patience and you'll nail them 100%.
Some players are extremely difficult to read because they Know they're being read and are always modifying their strategy. They will repeat themselves at some point but these patterns are very hard to spot. These players will take up most of your time! When you can read players like these..well you are probably playing WSOP!
I hope this article will help you fine tune your skills and has given you some ideas you can use at the tables. Every player can be read but if you cannot read players you will make poker impossible for yourself!
I know this can be very tricky to start with. Studying players especially online is difficult. As such I advise you start out with lots of practice on one of the better free online poker sites before moving to micro then low stakes and beyond.