Archive for the ‘online poker’ Category

Posted by baccaratguru at September 19, 2014

Category: online poker

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Currently every country in the world has its own way of dealing with online poker and online gambling. For example in China or Turkey, it is simply forbidden. At the other end of the spectrum of online gambling laws there are such countries as England which has always tolerated such activity and has one of the most favorable gambling legal system for online operators.

Then take a country like France. Irritated by the progression of online casinos in everyone’s daily life they designed a new revamped online gambling law last year. Online poker rooms are allowed to operate as long as they have obtained a proper license to do so. The leading poker room in the country of cheese is pokerstars and you can benefit from their latest promotions with the code marketing pokerstars 2014. But online casinos are not allowed as well as most sports betting.

Now take the largest market for gambling, in other words the United States. It used to be also the largest market for online poker, but thanks to the concerted action of the FBI and Department of Justice, it is now nearly impossible to play online poker in the USA. Using an incomplete  and inadequate law that restricts financial transactions by online gaming operators, they have indicted and shut down the major poker rooms. Ironically no law makes playing online poker or online blackjack illegal, it is perfectly legal to play.

And then most developed countries are also working on their own online gaming laws, and be assured that every one of them will be as different as it gets. The motivations are many fold. On one hand some savvy politicians want to regulate the games so they can tax them. On the other hand some bigots wants to forbid entire countries to have a little of fun betting on the Internet.

Most developing countries do not have or are not working on any online gambling law as they have more pressing issues to address. Nice exotic countries like Panama, Costa Rica or some Caribbean Islands welcome online gaming and some even regulate and license some of the offshore players. I think I should visit such places as soon as possible, sun, beaches and freedom to play, this is what I need.

Posted by baccaratguru at November 11, 2012

Category: online poker

It has become much harder to earn a living by playing internet poker over the last few years – FACT!

As more and more players learn the rules, read strategy articles and books, join poker training sites etc, the game has gotten much tougher. Every the low-limit grinder has dreams of earning a living by playing internet poker in the comfort of their own home, but not many succeed.

To be successful, you must have an edge over your opponents, and that is exactly what poker tools provide – an edge.

They can be a vital part of your online success and can help you build your bankroll to unthinkable amounts. You can be certain your opponents are using the latest poker tools, so if you aren’t, then you are already at a disadvantage!

Below you can read reviews of the very best internet poker tools which will help you have success and earn those big wins you desire.

Featured Internet Poker Tool: Tournament Shark

Tournament Shark is an essential poker tool for any poker players who want to take their game seriously. If you are a regular MTT (Multi-table tournament) or STT (Single-table Tournament/SNG) player then Tournament Shark is a must-have poker tool.

It is compatible with all the major internet poker rooms, and supports 250+ rooms. Once opened, the software attaches to your table and instantly gives you statistics and information on your opponents to help you make decisions against them.

As you will know, in MTT’s you will come across lots of players being re-seated and instead of watching them play to pick up reads, you just have to look at the Tournament Shark HUD to see if they are successful players or not.

Other noteworthy poker aids are Sit and Go Shark, Calculatem Pro (discontinued), Holdem Genius Review and Tournament Shark. Pokeredge is an interesting tool that provides a so-called poker hud, that shows critical statistics of your opponents on your screen as you play.

Posted by baccaratguru at September 12, 2011

Category: online poker

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If the draw poker and stud cards are 5 cards variants that have won the most success in the twentieth century, the beginning of the twentieth century was marked by the success of variants with community cards, the most famous being Texas Hold ‘em.

In the 1920s, it is ‘Wild Window’ and ‘Spit in the Ocean’ which first familiarize players with the idea of community cards. Another significant development was the introduction of alternative high-low, after which the pot (a term meaning all bets placed during the hand) was split equally between the highest hand and the hand most low. Another development was lowball poker, part of draw poker in which it is the lowest combination that wins the pot.

The 1930s saw the emergence of a variant of stud poker where players were being distributed seven cards instead of the usual five. The number of betting rounds increased as well. The ability for players to get stronger hands, using five of the seven cards dealt to them, coupled with the proliferation of betting opportunities assured an immediate success to 7-card stud poker.

The 5-card stud was soon eclipsed by the arrival of this new variant, rightly regarded as much more dynamic. Soon after, the version of lowball stud 7 card, called razz, appeared. 7 card poker, whether playing high or low, has become the reference poker variant in Stud games.

The 1980s were marked by the success of Omaha, which is generally referred to Omaha. Played with a community card in Omaha would pave the way for the alternative that wins the most success today: Texas Hold’em.

We can measure the level of interest in poker by studying the books that over the years have been written. To get an idea of how it was played in the early twentieth century, consult the book of R. F. Foster, Practical Poker, published in 1905. The first references to the concept of dealer’s choice are emerging from this period, suggesting that poker players were sufficiently familiar with a number of variants to pass from one to another without difficulty.

The many editions of Hoyle’s famous book on card games, which was first published in 1742, are a valuable source of information on the evolution of poker and its variants. More recently, the literature on poker has been enriched by many theoretical works devoted to the strategic aspects of the game, a trend started by Frank R. Wallace in 1968 with his book, Advanced Concepts of Poker. This was the first in a series of books devoted to the study of betting strategies called aggressive, which by common agreement are those that perform best.

Okay, lets go over what is important about the majority of our opponents at the micro or low-stakes no limit Texas Hold’em games on the Web, and figure out the proper stake stereotype. In other words the best approach to handle these bad players that you do not have the time to profile as they change table all the time.

First, we know it’s a loose game as it is a low limit game and a lot of  the players see the flop. We also know that they will invest too much money on their losing hands. We know they are unbluffable, i.e. it is very hard to make them fold any hand. We know they will play weak hands.

We certainly know that they will play unpredictably, and because of this, they will be harder to put on a hand. We know that because there are so many players to the flop, that it is more likely that someone will flop a big hand. Whether in fun, or because they don’t know any better, we know that many of these players are willing to gamble. In a way it is good news because without online poker players willing to gamble, it would be much harder to make money playing this game on the Internet.

We know that they don’t understand your moves, your good moves are wasted on those who cannot see them. Wow, sounds like a minefield doesn’t it? It is a minefield and you already knew that. But let’s not get carried away, these games are obviously easy to beat compared to the high stakes tables.

The idea of this article wasn’t to tell you what you already knew. No. It was for the sake of making it conscious to you.  Now, when you sit and play, you can take with you the understanding of what an uphill battle you are fighting. Hopefully you will sit down with a frame of mind understanding that you cannot understand much of what is going on. But you can still beating these games by being patient and catching good situations with positive expected value.

This is a post by my friend Jim Friess who loves online poker.

I only play limit hold’em at full or nearly full tables, and only one table at a time. I don’t multi-table. About 25 months ago, I received a free $10 from one of the poker sites and started on that at .05/.10 limit. My first goal was to win 300 big bets of the level I was playing at, which is $30 (300 times .10).

I would now have $40 as a cushion to fall back on. Then my next goal was to earn 300 big bets of the next level, which was .10/.20. That meant I needed to earn an additional $60. When I earned the additional $60, I would move up to the .10/.20 level. My plan was to keep moving up in levels when I made 300 big bets of the next level, .50/1.00, etc..

If I moved up to the next level and lost the 300 big bets, then I would move back down to the lower level and start again from the lower level, and try to earn the 300 big bets again to move up. I started this plan in two poker sites, which I call the tough site and the loose site. I alternate playing at the two sites. My goal is to move as high as I can in the limits at both sites.

Yesterday I went on a small downswing primarily caused by my flopping a set at the same time my only opponent in the big blind flopped a straight. To add insult to injury, he also got a flush on the turn. I lost a bunch of money on that hand when he check raised me on the turn. I was down about $44 dollars for the day after being up $88, a $132 downswing. Basically the flops were missing me and the few good hands I had weren’t holding up.

I had trip aces and lost to a full house. I had to get off the table I was losing at because everyone left. My luck started to turn around on a new table, although I still got a couple of bad beats including a making a straight on the river and losing to a higher straight, and flopping trip 9s and losing to a straight made on the turn. But for some reason now I was also getting good cards on the turn and river when I wasn’t before.

In one hand I made a straight on the river. In another I flopped a pair of jacks and got two pair on the turn to win. And in another hand I made another straight on the turn to win. I also got pocket AA 3 times in a short period of time and won all three hands, although one hand was a very small pot.

And in my biggest pot of the night I flopped a set of sixes to win a $71 pot. I ended up $75 after being down $44, a swing of $119, and decided to quit for the night. Sets flopped were 4 out of 17, above average. Flush draws made were 3 for 5 1/2 above average. Bluffs were 8 successful and 2 unsuccessful, one of my best records for this category.

Posted by baccaratguru at December 22, 2009

Category: online poker

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I am a stay at home dad to Anna, a gregarious 10 month old little girl that is the star of the show. I have had many jobs over the years, including short-order cook, butcher, and attorney. Raising Emma is the best job that I have ever had. My wife, Anna’s mom, is a wonderful woman, supportive, and doesn’t even get too upset when I check raise her with the nuts on our anniversary at the El Dorado poker room. And she went to San Diego State, not UCSD.

I have been playing poker since I learned how to play 5 card draw when I was 3 years old. I started playing in brick and mortar casinos in 1990, when most games in northern California were spread limit 7 card stud. I played off and on until 2004, when I began playing at Party Poker on a semi-regular basis.

I focused on limit holdem, because it seemed to be what most other people were playing. I had played a few times when I could not find a 7CS game in the casino, but I had little understanding of the game. I quickly lost my first 200 buy-in at $2-4, but I had a job and re-depositing was not a real concern. I repeated this several times before I went out and bought a book to learn how to play. I read Sklansky’s Theory of Poker, and realized just how much I had to learn. I went back to Borders bookstore and spent $200 buying most of the strategy books related to limit holdem. I read them all before venturing back to the tables.

I bought back in to Party Poker, and good things started to happen. I ran my bankroll up from 200 to over $5,000, mostly by placing 3rd at a 10+1 MTT with 2300 people and by being at the table when a bad beat jackpot was hit. I cashed out $4,000 and have been playing on the remainder since, which is a good thing since I quit working to raise my daughter – if I lose the bankroll now, my poker playing days are over for the foreseeable future.

So let’ see how it goes. What is important in online poker is patience and discipline, and I think I finally got these two right.

Ok we love online poker and we talked about it and why we love playing poker
on the Web. You can check our pages about Texas Hold’em poker and our reviews.

The thing is that we got a lot of inspiration and motivation to get better players
thanks to one of our idol Patrik Antonius. Patrik is a superstar of the game of poker,
both in live settings and at online poker. So here is a little bit of history about Patrik and the game of poker.

First let us be clear. As we said at other pages our favorite online poker room is Party Poker. But Patrik Antonius is a member of the exclusive team at Full Tilt Poker. No big deal, we play there occasionally as well, as this is a great place for poker as well.

Antonius was born and raised in Finland. As a teenager, his goal was to become a professional tennis player before turning his attention to poker. Antonius burst onto the international poker scene in 2005 when he finished six times in the top 15 at major tournament events that year. This included a third place at the EPT Barcelona, a second place in the WPT Five Diamond World Poker Classic and two wins, the Championship of Scandinavia and the EPT Baden Classic.

Antonius gains amounted to 1.7 million in 2005. That same year he was named “Best Hope 2005″ at the European Poker Awards. Antonius became the 14th member of Team Full Tilt, the first player to be added individually since Allen Cunningham in October 2006. The other member of the Team are Howard Lederer, Phil Ivey, Chris “Jesus” Ferguson, John Juanda, Jennifer Harman, Phil Gordon, Erick Lindgren, Erik Seidel, Andy Bloch, Mike Matusow, Gus Hansen, Allen Cunningham and Tom “durrrr” Dwan. A great bunch
of poker friends.

This is a little project I plan to keep updated here on this blog.

I am planning on taking 5$ and see what it can be turned into. I have, upon reflection, decided that my game’s biggest weakness is I need more discipline. This was the most interesting way I could come up with to work on that.

So I will start out with $5 currently on Bodog but that may change. I will keep this blog updated on my bankroll progression (or total destruction if the case may be) and post commentary on what I am seeing while working my way up. I will play No Limit Hold’em a large majority of the time, but may occasionally switch up and play some Pot Limit Hold’em.

As a rule I will not move up limits until I have 400x’s the big blind. So to make my next move to .10-.25 I would need to grow this $5 bankroll into $100. Some people will probably ask why such a high number (400)? Remember this experiment is all in an attempt to teach myself discipline and patience so I want to make sure I don’t move up too soon, I almost want to force myself to grind it out.

I am also considering putting a time restriction on my sessions as I would say that’s my second biggest hole in my game and that is I tend to fade my focus out after putting in a few hours. So I may do something like cap my sessions at 2 hours to make sure I am alert and focused each time. This experiment should be fun and I hope to in a years time be writing about how I turned nothing into a nice respectable poker bankroll.

Ok, so I dug around a bit and decided to register on Empire Poker.  Why?  Well if I only play 200 raked hands I get a free license for Poker Office and I wanted to try that out.  So I will start out on Empire Poker until I can clear that, and from there who knows where I will end up.

Posted by baccaratguru at August 29, 2008

Category: online poker

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Me my sister love to play online poker, can you believe it?

The first contact with the online poker was a shock to my sister. The possibility of
earning money while having fun and most importantly, at home, had never crossed her mind.

A whole new world opened to her, but probably not as easy as she had first imagined.
Here’s a quick summary of her path, that will better define her character. And if you can get some advice from this story, then our contract is completed, as this blog is about sharing our experience.

Like any good soldier, she spent hours watching the WPT, listening to the advice of television commentators as if it was her own life at stake. She played mostly the poker variation called Texas Holdem Poker. The sums involved made her drool, and like many people interested in gambling, she wanted to be part of the dance. Yes despite her young age, she fell in love with online poker.

Unfortunately for her, the transition from NL10 to the WPT main event at the Borgata Monaco does not occur overnight. The learning is pain, loneliness and especially a tedious step by step progress.

Poker is no exception to the rule, like any art, mastery is acquired through experience.
If we had any advice to give to a beginner, it goes like this: progress step by step, bankroll management is the cornerstone of your poker skill building, do not exert yourself in a spot where you will play over your means and last but not least, be patient. The great poker players have tremendous patience.

Patience is probably the most important quality in poker for many reasons, one of which is that it helps you avoid going on tilt when a series of bad cards hurt you.

Each large loss in bankroll occurred because we wanted to rebuild it at an upper limit, under a slight tilt to make it worse. This approach is not the basis of a solid poker, because you can catch up your losses once in three times, but for the rest it is the atm.
Believe in someone who had this experience several times, it feels lousy when we lost everything. Because it puts you in the face of reality: mathematically, you are a fish.
And even if these are mistakes that we learn from, this is a very costly learning lesson. There are only a few poker stars, and many fish.

Nothing is more important than the love of the game. One need to learn how to put aside the sums involved and not consider a sum gained until it is warm in your bank account. Your bankroll is a capital investment that can grow based on your performance and decrease following your setbacks.

We must accept that we are at the mercy of chance. There are things that we cannot master in poker, which are delivered by the hands of Dame Fortune, but surely this game can be so addictive. So always exert extreme caution when playing online poker. Be careful and bet small amounts of money.