Poker Winner Blog

The rowdiest game in the casino is dice, also called craps, a fast and exciting game with a language of its own. Players shout, cheer, scream, curse and gesticulate. The shooters elaborately shake the dice, blow on them for luck and yell for them to fall on the desired score, while the stickman commentates incessantly. For novices, dice appears complicated due to the arrangement of the layout and the terminology used, but it is actually quite simple once the basic aim of the game is understood. Craps is extremely popular everywhere, not only because it is fun to play, but also because it is the best value game in the casino. The house advantage on some bets is less than one per cent. Read the rest of this entry »

A wide choice of bets can be played on craps, some of which are better value for the player than others. Before betting it is best to compare the difference in house advantage (the profit made by the casino) for each bet. The best-value bets are the pass/don’t pass and come/don’t come bets. These allow the player to make an additional bet called odds. By playing the odds bets, the house advantage is reduced to less than one per cent. Read the rest of this entry »

Poker conjures up images of saloons in the old West where hustlers and gun fighters did battle. It seems that no Hollywood Western is complete without a gunfight over a poker game, but this way of life was often the reality for professional gamblers in the Wild West. In 1876 one of the west’s most famous lawmen, James Butler ‘Wild Bill’ Hickok, lost his life in a poker game in Deadwood, South Dakota. To this day his last hand — a pair of aces over eights — is known as the ‘dead man’s hand‘. Read the rest of this entry »

Each player receives five cards face down. When all the cards have been dealt, the players look at their own cards. After an initial round of betting they have the opportunity to exchange any cards in their hand for new cards from the deck. Cards that are being discarded are returned to the dealer before the new cards are drawn.

As a general rule, if you get nothing from the initial deal you should fold (that is, if you are unable to make a ranking of at least a high pair). Only a hand with a pair of at least six or more is worth playing. Read the rest of this entry »

Each player receives two cards face down. Five cards are placed face up in the centre of the table. These cards are called community cards and are used by all the players. Each player uses a combination of the two cards in his or her hand and the five community cards to make the best possible five-card hand. Read the rest of this entry »

These are played on smaller tables and are dealt at a faster speed than baccara. Minimum stakes are around US$5, which is considerably less than the high stakes normally played for at traditional baccara tables.

Baccarat and punto banco differ from baccara in that the casino acts as the banker, paying out winnings and collecting losing bets. In American casinos, baccarat players take turns to act as the dealer, but in punto banco that role is fulfilled by the casino. Read the rest of this entry »

In the USA you will find the record useful if you have a big win, as gambling wins are subject to tax. Players can offset gambling losses against winnings, but the IRS requires players to keep an accurate record of dates, bets made, address of gaming establishment, names of people with you and the amount won or lost. Comps also count as winnings. In addition, proof of expenditure, like casino receipts and bank records, will need to be shown if you are audited. Read the rest of this entry »

Although the strategies herein were developed for the Sands World Championship of Casino Games Tournament in Atlantic City, they are adaptable to any tournament in any casino.

If you are entering a tournament with only a single game, e.g., Sahara Blackjack Tournament, you would risk the entire buy-in amount instead of 25% of it as described herein. Read the rest of this entry »

Every strategy here is usable in your normal gambling sessions!

You divide your session into a beginning, a middle, and an end game. Your division will be based on money won instead of completed hands, rolls, or spins. I will develop this concept later in this section.

You then decide how much you wish to risk for your gambling trip, e.g., $1,000. Divide that by the number of days in your trip. For example, if you are going down for the weekend, you should allocate $333 for your Friday- evening sessions, $333 for your Saturday sessions, and $333 for your Sunday sessions. Read the rest of this entry »

How much money do you need to keep from going broke if you’re a professional and poker is your paycheck?

A professional poker player should realize that every dollar she wins will not be added to her bankroll. After all, she has to pay rent and buy groceries just like anyone else, and her only source of income is her winnings. Lose, and she pays her bills the only way she can: by dipping into her bankroll. But there’s a limit to how deeply she can dig without putting herself in jeopardy. Read the rest of this entry »

At one point Ungar raised seven hands in a row. No one called. Was he bluffing? Of course he was — some of the time. Everyone knew that. But no one knew when. Every contestant hoped one of his opponents would be eliminated first. It didn’t matter which one. Every time someone was knocked out, the surviving players climbed another rung on the pay ladder. Ungar knew that.

Ungar’s mastery of the table seemed palpable. He was a shark among a school of fish, and he sensed blood in the water. Bao, short on chips the entire day, was the first to fall — eliminated by Judah. By 1:30 p.m. Ungar had more chips than his remaining four opponents combined. Read the rest of this entry »

Changes in Breathing

A change in breathing patterns is not an act. This unconscious tell is one of the strongest in poker. If you’re seated near the opponent, you often will be able to hear this tell. But even if you’re seated across the table, you sometimes can see it by the movements of the person’s diaphragm.

The key here is that players who make strong hands tend to become excited and need to breathe faster. Players who are bluffing, on the other hand, tend to disguise their breathing and sometimes stop entirely. They fear that anything they do might trigger their opponent’s calling reflex, so they become extremely unanimated and scarcely breathe. Read the rest of this entry »

Poker is a brilliant blend of strategy and psychology — there is really nothing else like it. When compared with strategy, however, how important is psychology in poker? Well, you can beat poker without understanding psychology, but you can’t beat poker without understanding strategy. Therefore, it’s important to learn the fundamentals first. But wait! Now we’re going to say something that — at first — seems to be contradictory:Psychology can account for the majority of profit you will ever make in poker!

That statement is true because after you master the fundamentals of poker, you’re most of the way to becoming a good player as far as strategy goes. Read the rest of this entry »

Using Statistics to Predict Your Expectations

If you think you can beat the games you intend to play in for a living but aren’t certain, you can use statistics to help you assess what you might expect to win over the long haul. This involves calculating your standard deviation and using it to assess the kind of results you might achieve.

Let’s say that after 900 hours of playing $20—$40 Hold’em, your standard deviation is 20 small bets per hour, which is equivalent to $400. Everyone’s standard deviation is different. Yours will depend on a number of factors, including your playing style, your opponents’, and how aggressive or passive the game is. Read the rest of this entry »

To most recreational poker players the idea of playing professionally seems like a dream. Get up when you want to, work when and where you choose, and ply your trade almost anywhere. From London to Las Vegas and California to Costa Rica, casino poker awaits you there. So what’s stopping you? Only the answer to this critical question, “Can I make a living as a poker player?”

Poker Isn‘t Like Most Jobs

For one thing, if you’re a poker player, you won’t have a steady salary coming in. Even commissioned salespeople don’t lose money if they fail to make a sale. But poker players do lose money whenever they have a bad day. It’s one of the few jobs where you can go to work and lose money. Imagine that. An entire day of poker — under stressful conditions — and all you’ve got to show for it is less money than you started out with. Not a pretty picture, is it? Read the rest of this entry »

Practice with Computerized Software

No matter how many hands you play at the table, using software like Wilson Software’s Turbo Texas Hold’em to practice against lifelike opponents and run simulations that will test your own theories will help you make rapid progress in your development as a poker player.

Computers can do things humans don’t have the time to accomplish. We’ve run experiments that simulated a lifetime of poker. We could have tested that same hypothesis by playing eight hours a day, five days a week, for 30 years, but what could we accomplish with that knowledge once we finished our research? It might be helpful if poker is played in the afterlife, but we’re more concerned with earthly uses for our know-how. Read the rest of this entry »

Painting Yourself into a Corner

When Lou Krieger was 12 years old, his archenemy was Zimp, an overgrown, overweight 13-year-old. Zimp was always threatening to beat the daylights out of Krieger, who had no doubt he could do it. But Krieger had an out. Zimp was big and strong, but he was slow. Since Krieger could outrun him, outride him on a bicycle, and outclimb him over garage roofs and trees, he easily escaped every time Zimp took a run at him. As long as he was never cornered in a blind alley, he knew he could survive childhood. Read the rest of this entry »

Deciding If the Prize Is Worth the Game

Winning poker players usually won’t draw to a flush when the odds against making it are 3-to-1 or more, but the pot promises a payoff of only two dollars for each dollar invested. They’ll wait until the pot promises a bigger payoff before risking their money.

The analogy is also true away from the table. While real-life payoffs can vary widely, your investments are usually time, money, or both. Is it worth your time to spend half a day trying to make a small sale without the promise of greater rewards down the road, or are you better off courting one of your bigger, better customers? Read the rest of this entry »

Is there a player out there who hasn’t observed that poker is a metaphor for life? That metaphor is probably one reason why poker is so popular. Not only does it frequently mirror life, poker models it. Poker is life in a nutshell. The entirety of our existence compressed into a single hand of poker is a compelling thought.

A metaphor and a model for life! If true, there should be important life lessons everyone can take away from the poker table. When learned and applied, these lessons should make it much easier for a poker player to survive in a world where most people haven’t been force-fed these life-lessons across the poker table.

Being Selective and Aggressive

In the real world you do have to pick your battles, just as you must in poker. Sometimes you have to draw your proverbial line in the sand (”You’ve gotta know when to hold ‘em“); other times you have to carefully choose when to retreat (”Know when to fold ‘em”). Read the rest of this entry »