Poker strategy involves understanding the game's rules and using tactics to outsmart opponents. Key elements include hand selection, position at the table, and reading other players' behaviors. A strong player knows when to bet, raise, or fold based on their cards and the actions of others. Another important aspect is managing your bankroll effectively. This means setting limits on how much to wager and knowing when to walk away. Additionally, studying different variations of the game, such as Texas Hold'em or Omaha, can enhance a player's skills and adaptability in various situations.