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Casino Poker

Playing poker in the casino is vastly different from the casual poker game at home. Poker in the casino can be fun, but if you are not careful, it can also be quite costly. Here are some things to be aware of before booking your tickets to Las Vegas or Atlantic City.

First, poker is the only game in the casino where you are not playing against the house—you are playing with strangers. Be aware that some of these strangers might be pros; they will know you are a rookie before you even sit down. Obviously, not everyone is going to be a shark, particularly at the low-limit table, where there will be plenty of people who enjoy poker but only play occasionally at casinos. But before sitting down at a table, walk around the casino and try and find a table where you think you might be comfortable.

A good place to start would be a low-limit table where the minimum bet is $1 or $2 and the maximum bet is $2 or $4. Because the stakes are low, you will probably be playing with people of similar skill level. Also, the betting will be light enough that you won’t feel intimidated.

If you thought table etiquette was important at home, it is doubly important in the casino. Things like playing out of turn, moving your cards from the table, and mishandling chips can have serious consequences. Not only will your fellow players have zero tolerance for your misbehavior, but your mistakes could lead to disqualification of your hand. It is quite all right for you to mention to the dealer that you’re a rookie. It is the dealer’s role to let you know when you should move and to remind you of rules. Don’t worry about exposing yourself as a novice; it will most likely be apparent anyhow.

Ever wonder how the casinos make money from poker since the gamblers are not playing against the house? The casinos can charge an “admission fee” by requiring you to pay to sit down; they can also take a percentage of the winnings. If you go to the casino with a set amount of money to gamble with, just remember that not all of that money will be for making bets. This fee is something to think about if you plan to play lots of hands; it will add up.

2 Comments 18.9.07 08:58, comment

Money Management and the Mental Edge Redux -3



Ask yourself the question: How long do I want to play? Or, how many shots at Lady Luck do I want to take?

Let us say you want to play for four hours a day for three days. That’s 12 hours of total play. Assuming four hands a minute (one hand every 15 seconds—a rather moderate pace), you would play 2,880 hands of video poker in that three-day period.

Now, you have a choice to make. Do you play any credits during your sessions or do you stick to playing coins? Personally I never play any credits. I put my money through the machine once and once only. Thus, facing a three-day, 12 hour, 2,880 hand assault on Lady Luck, I would need 14,400 coins (2,880 hands x 5 coins = 14,400 coins). So does that mean that if I wanted to play a dollar machine, I would need $14,400 behind me? Not really.

Just take one day, which would be 4800 coins ($4,800 dollars for dollar machines, $1,200 for quarter machines, and $240 for nickel machines) and make that your trip-stake. This is the money you are going to risk. You will put the money through the machine that first day—once. However, do not put all your coins into the machine during one session. Instead, divide the day into two or more sessions and allot the requisite amount for each. Only play the money originally slated for each session and never play credits. If you wind up with more than 4,800 coins at the end of the first day, the excess is put away, not to be touched on this trip. That excess will go back into your gambling account when you get home.

The second day, you would again put 4,800 coins through the machine—just once—and again spread out the play amongst various sessions. On the third day, same procedure. Should your trip bankroll fall below 4,800 coins at any time, you would risk whatever you had by putting it through the machine once. So, on that first day, let us say that you took a beating and lost half your stake—a not impossible occurrence. On day two, you would put through 2,400 coins because that’s all you had left. And you would put them through during individual sessions, not all at once. You would have to cut down the length and/or number of sessions because of your shortened bankroll.

Using this method of play, it is impossible for you to lose every penny unless the unthinkable happens—every day is a losing day and you lose every single hand on the last day of your trip. If this horrible fate happens, you could still make money by selling your story (MEET THE UNLUCKIEST PERSON ON EARTH!) to the Guinness Book of World Records or Ripley’s Believe It or Not!



3 Comments 9.7.08 11:08, comment

Professional Gambler?

What Does Your Business Card Say When You’re a Professional Gambler?

When met Shirley for the first time, mine said “Dance Instructor.” I’d had this card printed up before moved to Los Vegas three years earlier, was a part-time instructor in California and expected to get a teaching gig at Sam’s Town or one of the other nightclubs once got to town. It never happened, but still had the cards.

For casino-consulting clients, have cards that say “Gaming Analyst.

Today, no longer pass out cards socially.
t a little d

1 Comment 12.6.08 10:03, comment

Session Logs

A “session log” is commonly used in high-limit rooms, where gamblers play machines that typically generate a lot of W-2Gs. Use of the log alleviates the need to sign a complete W-2G on every taxable jackpot.

Every casino works it a little differently, but the way the Orleans ran theirs was fairly typical. At the start of a playing session, you signed a blank W-2G form and they filled it out with your name and other necessary information. After each taxable jackpot, the amount was entered on the log and you initialed it, then signed again after getting paid.

At the end of your play (or at midnight—when all the logs were closed out and new ones started), they’d add up all of your jackpots and give you one W-2G with that total. It’s much more convenient for both the player and the casino than filling out what could be dozens of forms.

12.6.08 06:21, comment

Fluke poker

You can’t fake it; to make it in poker . Once in a blue moon a fluke might occur and you would win quite, unexpectedly. However on the whole your senses need to be attuned to its best; while indulging in the game of poker. Poker is a game which can put you in a stupor.


Languor

Being in a trance is one thing and being in a torpor is quite another. You need to be wide awake and alert on all occasions in poker . If you are lethargic; while playing poker then you won’t get very far. You need to learn and master the art of catching a train that has already left the station and catch it unscathed. Then and only then will you be able to become a frequent winner. So if you want to do it; do it well? Play the game wherein you would be in peace with yourself and the world at large. You would come across people saying if loving poker is wrong; then I don’t want to be right. They virtually live the game. That means that they dream poker as well. There is an age old saying that goes something like this “those who dream the most; do the most”

Tranquility

The general ambiance should be tranquil on the whole. As poker needs vigilant play a player has to be alert come what may. He/She has to run on the track in poker and there’s no jumping the gun here. Even if you manage to jump the gun; it won’t do you any good. On the contrary it will harm you. What makes spoil broth? Too many cooks obviously. The thing in poker is to seek advice from the veterans; however you would need to develop your own strategy and a novel strategy at that.

Gut level

Play poker from the gut level and see the difference. However, the game is addictive; meaning you would need to balance things in such a manner that it does not affect your personal life. And if the game is having an adverse affect on your personal life then there is something seriously wrong somewhere. If you are lucky and strike a fluke win then God help thee in investing your money wisely. If you are an old hand at it? Then you would know what is meant here. You need to become one smooth operator here. However, you need to become a zealous player first to be a smooth operator. Don’t become such a freak of poker that you start neglecting your loved ones. Having a truck load of money minus your loved ones isn’t worth the while. It would be the case of dressed and nowhere to go.

9.4.08 13:17, comment

Poker Strokes

Though one more often than not looks for encouraging odds and an optimistic predictable value (positive) when you play a live game, you have to reflect on the most important issue when in performance in a tournament; its survival, of the fittest. Once your, hews are vanished, you are over and done with. Savior-faire contest participants will use this issue to their benefit. At times, forgetting that the green horn; player contest player may be totally oblivious to this. The fervent players quit as soon as they realize, that they are playing against a professional. The major benefit for a professional consequently transpires when the adversary is acquainted with the tournament strategy for the fear of being knocked out.

Poker no loner

Playing a hand for the sake of it’s a mistake which a majority of the tournament players fail to realize. A model instance is folding A---A in a Super Satellite when there are more than two players in pref lop, or if any one be defeated; their hews the lingering participants triumph a seat in the huge event. This stratagem would, on most occasions by no means might be correct in a typical competition not even in a live game. Another issue that one should mull over is the hew standing of your adversary. Again, this issue is overlooked in a ring game. A participant who has been subsisting on pilfering the blind hand after a try at one of the numerous petite handed desk all through a tournament, may desire to fold up a huge hand alongside the petite stack since he/she has an enhanced probability to carry on increasing his/her chips relatively than merging the tables to a 9 and at times a 10 handed game. The two exemplars above are superior tactics applied by all tournament players.

Maker poker

One other highly developed tactic that the better competition participant comprehends is the gap perception. The crucial hypothesis here is that it requires a much tougher hand to go for a raise as compared to what it takes to make the preliminary raise. However, it all depends on which game of poker one is indulging in. This is crucial as the rebuy period is fixed. Make a mark on the play like a permanent marker.

Higher ground

Poker play-offs play to a greater extent in tauter manner. The pots have a propensity to be against a small number of adversaries or heads up for the most part. In a competition the participants possess a diminutive stack in relevance to the increasing blinds. Consequently, hands which are usually engage able in a slack limit ring games which are considered death traps in a competition. So be on the alert always.

3 Comments 3.3.08 06:58, comment

Surprises in Poker

Poker odds is the game that has lot of surprises for the gamblers. You never know that you might be going hand full of money but on the other hand you might have to go empty handedly it totally depends on your fortunes.

The last card hits the table (the fifth up card is often called the “river” card) and this particular hand is no longer a mystery. Now you know what you have. Of course what the rest of the world might have is also very relevant whether you have a good hand or bad.

Good hands

The last card appears and you think (know) that you have a winning hand. Absent bets by other players, when it is your turn to act, you bet your good hand. What could be simpler!

The only time you trap (that is, check in the hopes of making a check raise) is when you definitely know something (that is, you have targeted a specific player who is likely to bet). Most frequently, if because of previous betting you feel a driver has momentum and will continue to bet, a check might be a good gamble.

This is particularly true in a multiway pot (more than two players) if the previous bettor is sitting to your left. If he cooperates and bets, then the other players have to act (drop, call, or even raise) before it is your turn to act (raise), and you get their action also — whereas they might have dropped had you led off with a bet and the player to your left called (or raised).

There are some rare occasions when you trap (check) without a specific target, but on these occasions you are probably trapping because there are several known aggressive players in back of you (so here you have a general target). You are more inclined to do this if you have tightest image (“you are feared” than if you have a loose image (“you are loved”. Just remember that the woods are full of trappers who decided to check and wait for bigger and better things — and they are still waiting.

What happens in the fortuitous situation when you are looking at the “nuts” (or close enough to the “nuts” that you are willing to raise) and some other player bets first? If you are the only other player, or only one of the other players rates to call, obviously you raise. But what if in a multi player pot, the first person bets, and you are next to act?

If there are several other players left, (especially if the last card was not a brick), it is usually correct to simply call and hope. Much of the time you will break even when you get one additional caller, in place of the one (or less) call from the bettor had you raised. Occasionally, however, you might hit pay dirt with a raise in back of you, which rates to get several more bets in the pot than if you had raised directly.

Bad hands

The last card, once again, is terribly unjust and disappointing. Perhaps your first instinct is to throw away your cards in disgust or to show all your high percentage draws (that failed) to a neighbor, looking for sympathy. But, wait. All is not lost yet. Maybe everyone else at the table feels as just mentioned above. Should you consider a random last-card bluff’?

Note that we use the term “random last card bluff’ to differentiate from two other types of continued bluffs, which generally have a much higher percentage of success. Undoubtedly the most successful form of bluffmg at hold ‘em is the drive bluff, which is simply when a player starts betting after the flop (he may or may not have raised before the flop), bets after the fourth card, and bets again after the last card. Quite often this driver gets several folds each round, and no callers after Fifth Street (or perhaps no callers after Fourth Street), hence the pot is virtually uncontested.

Although everyone knows that most drivers occasionally are driving dubious values, the driving and winning of uncontested pots is generally accepted as good form in hold ‘em, and not really considered bluffing — unless someone happens to call and catch one. But, again, driving is probably the most successful form of bluffing in hold ‘em. It is not that rare to successfully drive three or four hands in a row.

2 Comments 18.2.08 11:15, comment