Archive for August, 2009

Online Poker: Stable Incomes and Bankroll Management

Posted by admin @ 12:00 AM, Tuesday Aug 25th, 2009

Poker: Many players enjoy the MTT format when they play poker, and many tournaments both online and live are conducted in this manner. Despite this fact, MTT tournaments are one of the least stable ways to earn a living as a poker player.

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The main issue with MTT’s is that you can pay a buy in fee many times without making a big cash or final table if you are playing events with hundreds of players. Of course the flip side is that when you do make it to the last few players, you get a large payday.  This is great for your bankroll, but the intermittent nature of these returns on your investment can lead to big swings in your bankroll, which simply isn’t conducive to a stable income.

Most players that begin earning regular money from poker, do so online, and in the form of cash tables or STT’s. Some players can multi table many of these poker tables at once, although you can still earn an income from playing only one to three tables at once, which importantly, should not distract you enough to erode an edge you have on a particular table.

The key to making money at poker is in stability and consistency. The size of the figures is not immediately important, as all players should start by consistently beating the weaker games before moving up. If you can confortably play a few tables at once and notice a distinct profit over a sample of 500 STT’s for example, then move up to the next level of buy in. This gradual advancement constitutes the best way to develop a stable income from playing poker, but if you do go on a terrible run, be prepared to move back down for a while until you are running a little better.

Poker Tracking Sites

Posted by admin @ 12:00 AM, Thursday Aug 13th, 2009

Poker Tracking Sites: One of the more recent phenomenons to arrive in the poker world, follow on from the expansion of the online game. Poker tracking sites and spreadsheets which apply mathematics to certain scenarios you will face to generate a best option for you, can now be found online.

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Some sites such as Pokerstars have banned the use of such tools whilst their players are at the tables, and can detect breaches of these regulations. These new sites raise some interesting questions, and some might argue that there is an issue with the morality of taking a quick look at someones entire Sit and Go results without their knowledge. Sites such as Sharkscope allow you to do this, although they do also allow players to block access by other players to their results, if they choose.

One point to consider in relation to this, is that Sharkscope is not used entirely to see how weak the competition is at any given table, but to actually map your own progress. There is a certain satisfaction to be had from seeing a graph depicting all your hard work, and the gradually emerging fruits of it. Now for the issue mentioned earlier in relation to morality, or basically, an individuals right to privacy. Perhaps the blocking of viewing for your own results should be offered onsite at the poker room you play as opposed to simply on the tracking site itself. After all, not every poker player knows of the existence of such sites, and it would seem proper that they are informed of tracking sites, and also their right to be excluded from searches on them.

The Changing Face of Favoured Poker Games

Posted by admin @ 12:00 AM, Sunday Aug 9th, 2009

Since the dawn of poker, there have always been games which are enjoyed and played predominantly over others. Over the past decade, what was already a very popular game in Texas Holdem, became the undisputed favourite game across the world.

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The WSOP is evidence of this still being the case, all you have to do is look at a Holdem game compared to a Seven Card Stud poker game of the same buy in amount for example, and see the difference in participant numbers.

Having said that, there has been a recent trend of Omaha increasing in popularity. Partly this is because to amateur Omaha players, almost every hand looks playable. This means that there are plenty of poker players, many who were previously Holdem players, sitting down to Omaha and making mistakes as they try to get to grips with the game.

Serious poker players know that capitalising on these mistakes is always a profitable endeavour.
The fact is that many of the players who used to be weak at Holdem, have now grown skilled at the game over the years, and so pros can no longer find a significant edge to the same extent that they can with Omaha.

The very fact that Omaha can generate much more action is alluring to those who become tired of patient Holdem play, which means that Holdem players will be tempted to experiment with Omaha as it is an exciting game to play. Where there are new players trying to learn a game at cash tables, there will always be those waiting to profit fom their inexperience.

Biggest Online Poker Guaranteed Tournaments

Posted by admin @ 12:00 AM, Thursday Aug 6th, 2009

Guaranteed tournaments are seen in ever increasing numbers with online poker rooms, and it isn’t just the numbers of such tournaments that are growing, it’s the prize pools too. The popularity of these guaranteed tournaments was evident earlier this month as Pokerstars set about breaking the record for the most participants in an online poker tournament ever.

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65,000 players took part in a $100,000 guaranteed tournament, breaking the world record in the process.
The biggest online poker guaranteed tournaments will be found on the biggest name sites, with Pokerstars and Full Tilt being at the forefront in this regard. Each of these poker rooms offer guaranteeds all day, every day, within their schedule, such is the popularity of big guaranteeds.

The biggest guaranteeds in recent times have exceeded the $1 million dollar mark with ease, and whilst this may be the chance of a lifetime in many respects, it still costs a lot if you register directly into these tournaments. This does not however mean that lower bankrolled players cannot enter at all, as there is a way you can play satellite tournaments to win your seat there.

Big guaranteed tournaments are always a positive for both the players and poker rooms, becaus the online poker rooms can advertise these very eye catching prize pools, and the players have their chance to win them.
Even the biggest guaranteeds will be balanced out so that enough players pay a high enough buy in to cover the guaranteed money, this ensures the poker rooms make a profit from such events.