Archive for the ‘Poker’ Category

The importance of rakeback for poker novices

Tuesday, August 3rd, 2010

If you have never heard of rakeback before or what it does or how important it is then you need to pay serious attention to this article. All online poker sites charge rake on a per hand basis that is taken from the pot in increments as the pot builds up to a maximum. This fee goes to the site operator and is lost forever. So what this means is that the player is being charged a fee for playing poker. This is all acceptable of course as the poker site is not in business to lose money and they have to make it from somewhere.

But as a novice player then you have two obstacles, you firstly have to overcome the problem of better players but also the obstacle of the site extracting money from the pots that you win. In order to make money from poker long term then you need to start treating it almost as a business. By that I mean you need to be very cognisant of the fact that you are being charged to play and you need to reduce your overheads by as much as possible.

If you can do this then not only will this save you a large amount of money over the space of a year but it will also provide you with a safety cushion of income that could be the difference between you being successful or not. Getting “rakeback” and sign up bonuses from poker sites is very important for novice players more so than professionals. As novice players then you simply need every available financial help that you can place your hands on.

Let us say that you play 20 hours a week at low stakes and generate $100 a week in rake for the casino. This is $100 that you would have made extra in the pots that you won if these pots were played without rake. But let us say that you could avail yourself of a 30% rakeback deal which means that you get $30 a week paid back into your account. This would equate to about $120/month in extra money.

Now let us take this a stage further and say that this player lost $120 each month and decided to stop playing after six months because he was fed up of losing money. The rakebake deal would have totally offset his losses and allowed him to break even. He would have been far happier after six months breaking even than having lost $720. He could have continued on playing and learning and then reached a stage where he was good enough to start winning money.

So in this instance the presence of the rakeback scheme not only allowed him to stay in the game but it also allowed him to see the future where he was good enough to be making money and could then make poker a second income stream. This is a key and often underrated aspect of getting rakeback.

The problem with Texas Hold’em

Tuesday, July 20th, 2010

Texas Hold’em is not a great form of poker to learn for so many different reasons but there are two huge reasons that hinder the progress of good players more than any other. The first reason is to do with how short stack players can almost totally offset the edge that a good player can and does have. As a very strong no-limit Texas Hold’em player (assuming that you are) then your edge will come from being able to outplay your opponents on later streets in deep stacked situations!

However against short stacked players then your big stack does you no good as the effective stacks are what are important. So if you have $100 and your opponent only has $15 then your extra $85 does you no good whatsoever. Also if the player with $15 is prepared to get all-in either pre-flop or on the flop then you cannot outplay them when skill really matters and that is deeper into the hand. Your opponent’s tactics and their stack size are not allowing you to do this.

If you have only one short stack player on your table then it isn’t a problem but every short stack player is reducing the number of bigger stack players who can take a seat at the table. Then when you get decent short stacked regulars who are multi-tabling then it isn’t difficult to see entire tables not being profitable. Imagine a situation where you have many short stacked multi-tabling regulars at a certain level, suddenly the entire level is polluted by short stacks and deep stacked players don’t have much by way of profit potential.

This is a serious problem but another big problem with No Limit Texas Hold’em is to do with the game being played with only two cards unlike Omaha which has four. This brings in a rather interesting dynamic because the number of hands that players can make in Texas hold’em and the quality of them are far lower than in Omaha and of course the knock on effect of this is that all of the hold’em players know how difficult it is to make a hand. So we then have a situation where bluffing and highly aggressive plays are far more prominent in hold’em and it is this that causes many novice and intermediate players an awful lot of trouble.

Because a player knows that it is difficult for his opponent to make hands in Texas hold’em once their sophistication reaches a certain level, this then causes them to play far more aggressively and fancy play syndrome becomes a problem. This is common with many intermediate players and certainly with novices because they end up being aggressive in the wrong situations and there is a name for these players and it is “LAGTARD”. Basically this means players who are loose aggressive but do not have the knowledge to identify the correct times to do so. This is all created by Texas hold’em being a two card poker game and not a four card one.

Low-stakes online poker games can be treacherous

Friday, June 4th, 2010

One would think that beating low-stakes Texas Hold’em poker games for any decent player should be a mere formality. By low-stakes, I mean levels like $2 games up to $10. The reality of the situation though is a lot different. The games are populated by weak players sure enough but they are also populated by minimum stack merchants and rake that is very high in proportion to the average pot size.

The average pot sizes are smaller so this means that the implied odds are nowhere near as great and this makes for an all round environment that isn’t easy. Then we have another problem, because the stakes are so low then you tend to get an awful lot of players messing about with their money. This should make it easier in theory and it does when these players get all-in with some very weak holdings.

But they can also call and raise with some very weak holdings as well and this in full-ring games can be an absolute nightmare for a player who is trying to play solid conventional poker. You may think that the best way to beat these players is to simply adjust but that’s just the problem, when you are trying to extract a decent earn rate by multi-tabling then it is hard to tell just who is messing around with their money or playing badly from those that are playing decent poker.

If you were using a tracker like Poker Office then you may be able to identify individual tendencies but many players simply do not use them at these levels. Playing micro-stakes and low-stakes poker really is nothing more than a recreational activity for these people so they do not want to start going down the avenue of taking their game to a whole new level of seriousness.

To cap it all off, we then have the low level unsophisticated cheating that goes off in these games. Some people believe that if anyone wanted to cheat at online poker that they would only do so at higher levels. This is not the case for several crucial reasons. To do so at higher levels would not only require a substantially larger bankroll but the players at these levels would be sophisticated enough to spot it and then report it to the site.

Most of the serious players at the higher levels use trackers like Poker Office or PokerTracker and so they would become aware of any nefarious practices even if the poker site in question were unaware. But you are on your own to a large extent at the lower levels and players can easily combine against you using simple devices like MSN.

Let us say that a player has AA and is first to speak and limps in. His accomplice is on the button with garbage but his sole role in this hand is to pump the pot for his team mate. You have QQ in middle position and raise, the player with garbage raises the minimum simply because he knows that his accomplice has aces. Now the pot is being dangerously escalated in a situation where you are a big dog in the hand. This cheating isn’t sophisticated but it is a serious problem if it isn’t being corrected.

Pot Control in Poker

Wednesday, May 12th, 2010

In deep stacked no-limit Texas Holdem, one of the primary skills is in moulding the pot size to the strength of hand that you have. Often you need to balance two very important factors in deep stacked play, protecting your hand and not letting the pot get out of control. But let us look at protecting your hand for example and I am going to use a hand to show what I mean.

You open raise to $3.50 in a NL100 ring game and the button calls you making the pot $8.50. You have the As-Qs and the flop comes Ad-10h-9h.You bet $6 to “protect” your hand against the possible draws out there that may come in if you allow a free card by checking. Your opponent calls you making the pot $20.50 and the turn card is the 7d putting even more draws out there. You bet $17 and your opponent calls again making the pot $54.50.

The river card is the 2c and you are undecided whether you need to bet for value, check or use a stopper bet to prevent a big bluff. You decide that you will bet half the pot for value and as a stopper and bet $27 and your opponent min-raises you to $54. This now puts $135 into the pot and it is only $27 for you to call and with pot odds of 5/1 then that is simply too good to miss so you call even though you suspect the worst.

Your opponent shows A-10 for top two pair and you feel agitated at losing around $80 in this situation. But when you have the philosophy and the goal of “protecting your hand” then what you are actually doing is inflating the pot. For your own nightmare scenario to happen which is that your opponent hits his draw then two things basically have to happen!

Firstly your opponent has to have the exact draw that you think that they might have which in a heads up situation is unlikely. Plus even if they do have the draw that you think that they have then they still have to make the hand. A flush draw is nearly 2/1 against coming in by the river and a straight draw is more than 2/1 and nearly 5/1 to arrive on any one individual street.

If you check then your opponent may check behind you but your hand only wants so much action anyway and you cannot allow several bets to go into the pot with only one pair. You have to remember that your opponent is acting after you so he isn’t putting money into the pot with nothing is he?

You checking could entice a bluff on later streets or a weaker hand could call on later streets simply because there are fewer rounds until the end. A player is more likely to call on the river with 9-9 on an A-8-4-6-J board than they would be on the flop or turn with the prospect of several more bets to come. So checking can gain value on later streets but its just that checking seems to scare people and the thought of losing a pot and being outdrawn seems to terrify certain people. This is why they lose big pots after getting pot committed too often.

Establishing Goals in Poker

Thursday, March 25th, 2010

The year is winding down to its final few weeks. Many of us have played hundreds and even thousands of online poker cash game sessions and poker tournaments. Cash game and live poker players are starting to count up their wins and losses in order to establish how well they have done for the year in hopes of improving in 2010. Do you know how much your game has progressed over the past 12 months? If not, then you probably want to establish some goals going into the new year.
Why should I establish goals?
Goals allow us to measure our performance over the long term and short term. By keeping track of how well I am doing I can establish trends that will help me define just how well I am doing each session or even from poker tournament to poker tournament. By harvesting this data on a daily basis you begin to see where your game is and whether small tweaks and adjustments are helping your game or not. Without measuring how well you are playing you have no barometer other than guessing to establish where your game is at.
Document your Sessions / Tournaments
Gathering data on your game is relatively simple. You are going to want to record every Texas Hold’em Poker or Omaha cash game session you play and document your profits and losses for that session. You also want to take player notes on the players at your table. Player notes are not just for online poker players. Smart live poker players will take notes on their opponents too. The more information you have available to you the better off you will be. Tournament poker players should document the buy-in, place finished and also take player notes as well. Lastly, no matter what format you are playing in you should document key hands. You may not remember exactly what cards fell but most times you can remember the general gist of why you lost a pot or won one. This kind of information can be studied and analyzed for later. If you happen to be an online poker player you can simply browse through your hand histories or analyze your hand history with a number of products on today’s market.
Analysis
So now that you have gathered all of this information what should you do with it? The purpose in gathering all of this information is to improve your game. As I stated earlier your job is to view the information and pick up on things that appear to be out of the ordinary as well as things that fall within the normal threshold. I think it’s fair to say that if you are busting out of a 180 poker tournament in 120th place, 130th place, 90th place and 176th place that you may have a problem with patience. True that may be a bit extreme but it serves to prove my point and reasoning in how you assess your own performance. You need to be very meticulous about how you analyze that data. You also need to be objective about your own game. It won’t do you any good to make up a reason to not acknowledge you are making mistakes or have a hole in your game. By being honest with your game and accepting the data it has established your game will improve significantly.

By establishing goals we create the mindset that we want to improve and get better at the game of poker or any other endeavor in life. The game of poker is constantly evolving and in order to keep up with it you must adopt any method you can to stay ahead of the trends. The game of poker has trends in it just like any other sport. The players see someone making a particular move and it’s working for them and the next thing ya know everyone is doing it. So look at establishing goals as a way to identify not only trends in your own game but as a way of motivating you to become the best poker player you can be. Without goals we have no tangible way to measure our success. When we do measure our successes and failure we can constantly challenge ourselves and our games to be the best they can be,.

Everest Poker

Tuesday, June 2nd, 2009

Have you tried Everest Poker? Everest is one of the younger poker rooms out there and has become one of the biggest in the world in a very short time. One of the unique features of Everest Poker is the totally international touch, you can play poker at Everest in almost any language. Try it out today.

News of Poker

Friday, October 3rd, 2008
Wenn Sie sich in Tampa, Florida, und Sie spielen wollen, eine einfache Poker-Spiel, können Sie Seminole Hard Rock Casino für eine weitere extenuated-Poker-Spiel. Auf der anderen Seite, wenn Sie wollen, gehen Sie auf eine einfache Poker-Spiele, können Sie auf Lucky’s, das ist ein guter Poker-Zimmer, die Sie kann plötzlich in, wenn Sie sich in Tampa. Da die zweite besten Poker Raum in der Stadt, sie sind immer mit ihren Standards und wird immer Jonglieren über ihre Räumlichkeiten, um sie los mit ihrem Umgang.

Die Poker-Raum ist geöffnet von mittags bis zum Crack of Dawn gerade für 7 Tage in der Woche. Es gibt mehrere Turniere, die fortlaufend auftreten, während 1:00 Uhr und es gibt eine Reihe von weiteren Turnier während der 6:30 PM. Es gibt 21-Poker-Tischen zu besetzen, so wird es wirklich eine große Chance, dass Sie in der Küche von Lucky’s, wenn Sie gehen zu einem Besuch ihres wenn Sie sich in Tampa. Viele Besucher haben bereits Fuß auf dieser Poker-Raum, und sie haben nichts gegen sie, aber voller Zufriedenheit und Stolz.

Die Poker-Zimmer der Unterkunft ist groß. Die Mitarbeiter sind sehr höflich für sie nie versäumt, Blitz ein Lächeln, wenn Sie kommen Vergangenheit von ihnen. Auch die Lebensmittel-Auswahl sind groß und werden zum einen angemessenen Art, dass man wirklich das Gefühl, dass Ihr Essen ist würdig für den Preis. Wenn Sie sich müde und wollte nur entspannen, können Sie auch sitzen auf ihren gemütlichen Sofas, so können Sie sich wie zu Hause fühlen, wenn Sie sich tatsächlich innerhalb Lucky’s. Darüber hinaus ist der Spieler, dass Sie sehen können, sind im Inneren nicht zu Einschüchterungen, damit Sie spielen mit, die Sie fühlen sich wohler in diesem Pokerraum.

Wann werden wir reden über das Poker-Spiel per se, so wird sie uns mit dem Kauf in erster. Da dies nicht der Hard Rock Casino, können Sie einfach kaufen, in so niedrig wie $ 40 und einem Maximum von $ 100, wo es ist der maximale Betrag, der nicht durch das Gesetz. Es wird auch eine 5 Dollar bezahlen für die Händler, die erhalten $ 4 und $ 1 gehen an den “Spieler des Monats” Verlosung ziehen. Folglich, Jalousien wird jetzt steigen alle 15 Minuten für die ersten 3 Stufen, das es Hinzufügen von bis zu den Nervenkitzel und 20 Minuten nach diesen Phasen. Spieler können gewinnen werden für den vollen Preis-Pool, oder sie können auch Kluft es euch geeignete Aufteilung der Zuständigkeiten, je nachdem, was gesprochen wurde, auf, bevor Sie das Spiel aber in der Regel in diesem Poker-Raum, Gewinner nimmt sie alle.

Sie können auch wählen Sie aus dem $ 1 / 2 oder das $ 2 / 5, je nachdem, was Sie für Ihr Spiel. Alles, was Sie zu tun haben, ist die richtige für Sie, so können Sie zusammen mit dem Spieler und Sie können zufrieden sein auf Ihrem Spielerlebnis innen. Diese Art des Spiels werden angeboten, die Poker-Spieler je, wenn es genug Spieler zu spielen, auf der bestimmte Regel des Spiels.

- Wenn Sie spielen auf für sie real, werden Sie wirklich Rippen ein faires Spiel mit einer glatten spielen. Wenn Sie möchten, dass ein voller Intensität Nervenkitzel, wenn Sie spielen Poker, Lucky’s vielleicht nicht der richtige Ort für Sie. Im Gegenteil, wenn Sie möchten, wählen Sie das easy going spielen, um Zeit, kann ich sehr empfehlen, diesen Ort, da Sie wirklich genießen jedes Bit des Spiels haben Sie mit dem Poker-Tische im Inneren.

- Wenn Sie sich außerhalb des Platzes, werden Sie Gefühl zweifelhaft, ob Sie wollten Ziehen Sie in der Poker-Raum, da sie nicht aussehen wie ein einladender Ort, um in. Es ist nicht einmal in einem Ort, an dem sie soll sich für sie nur liegt zwischen den kleinen Straßen der Stadt. Wenn Sie auf die Venture-Poker-Raum, Sie können dann sagen, dass das Ambiente ist cool und für sie ein großer Körperbau eines Poker-Arena, dass jeder ein gutes Gefühl über.

- Wenn Sie möchten, dass nichts, aber die reale viel Poker-Spiele, zögern Sie nicht, gehen Sie zu Lucky’s, wo Sie erleben ein One-Stop-Poker-Spiele-Zimmer, die Sie Aufenthalt für mehr und Sie können sofort wie zu Hause fühlen mit. Es besteht keine Notwendigkeit für Sie zu Boggle auf den Höhen von ein Poker-Enthusiasten, weil, wenn Sie wollen Tampa, Florida, es ist der beste Ort können Sie in wenn Sie möchten, dass ein locker-Poker-Spiel rund um die einfache Stadt Tampa, dass sie den wir stolz sein können.

What’s a Rakeback?

Wednesday, October 1st, 2008

As you signed in the room of poker by the Bankroll boost, you’ll be able to receive refunds when paying the rake of at least $1. These are known to be as the rakeback. In spite of the limitations in your game, whether as professional, and/or playing as fun when you receive rakeback you’ll increase the winning rates thus enabling you to have more cash.

What are a total rake and/or net revenues?
In every room of poker there maybe different terms for the total rake, or the net revenue, this is important because it’s the total payment on rake that you paid in the room of poker. The bankroll boosts pays up the rakeback this is the percent rate of the net revenue you have.

What is the provider of rakeback?
The provider of rakeback is an advertising company for the room of poker; it can also be the groups in the room of poker. Those providers pays a percent rate in the total rake to every players they’ve got. Then this bankroll boosts is giving payment to the room of poker, it was in form on rakeback returned to those players of poker.


How to get the rakebacks by the Bankroll Boost?

You need to create account in the bankroll boost. You will carry no obligation and enabling you a viewing status to every member of the site too. When you log in the new account on bankroll boost, in the left side at any webpage you need to select your room of poker where you’re interested to receive rakebacks then follow their instructions. At any time, 5 min at least you’ll be able to play poker then earn your rakebacks.