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Online Casino blog » 2007 » February
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Archive for February, 2007

Laying Down a Big Hand

Fixation - Definition: an unhealthy and compulsive preoccupation with something or someone. (Dictionary.com)

Fixation happens. I’ve seen players with pocket aces not notice that someone at the table has possibly received a flush on the flop. After the river, they confidently flip over their aces only to realize they have lost the hand.

I have got caught in the act of not laying down a big hand. I was in a tournament at Catfish Bend Casino in Iowa and was dealt pocket Queen’s. I wasn’t paying enough attention to the other players at the table and went “All In” before the flop. Had I been paying attention and simply made a small bet instead of going all in, I would have noticed that the posture of one of the other players had changed. He leaned forward and placed his hands differently on the table. I realized later that this signified he had a good hand. He ended up beating my pocket Queen’s with pocket King’s. It’s very rare but it happens. Thankfully, I was able to buy back into the tournament at that point and ended the tournament in 5th place.

Knowing when to lay down a big hand is part of playing quality poker. Being able to read the other players at the table and determine what hands they will typically play will give you this edge. It also relies on your ability to estimate the cards that the other players have as well as the cards that will likely come on the flop, turn and river. This is estimated through probability. See my article “Its all about the cards,” for more information about this subject.

I was watching a poker tournament on TV and it was heads up play. The TV did not show the cards they were playing with. Simply by watching the way one of the players was acting (he was unsure) and the cards in the flop, it told me he had a low pocket pair. My father asked me to guess what he had and I said pocket nines. I was right on the money.

I’ve also prevented myself from losing a hand as well. I had determined that one of my opponents had pair their 10 on the flop and the other I wasn’t concerned about because of their previous betting pattern. I had paired my 9 on the flop and I was able to determine after I saw the turn that he had a pair of 10’s. The only reason I knew this is because I watched how he played and how he bet in hands that I wasn’t playing. I subsequently folded the hand and he beat the other player by showing his pair of 10’s.

Overall if you do not become fixated on your hand and pay attention to the whole table, you will become a more successful poker player. Poker is not only about the cards you have in your hand, but it is also about being able to confidently determine, through probability and psychology, that you have the best hand.

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New Blackjack Strategies

blackjack is not a new game, but it has taken on some new faces. Now there is computer blackjack to play at home, internet blackjack to play online against others, blackjack for your cell phone, however, most people play by the normal set of guidelines for blackjack. There is a new line of thinking with blackjack and this article is going to discuss a few of the new blackjack strategies.

blackjack is an easy game to play with a few simple rules. That’s why everyone likes to step up to the blackjack tables at the casino. Within a few minutes, most people can have the rules down pat and are on their way. However, winning and then actually making any money from the dealer, whether at a land based casino or an online casino, is an entirely different story.

The tried and true methods of holding at seventeen and watching the dealers cards, have worked with minimal success for many people. Quite often, it is really just the luck of the cards that determines if you win or lose, and that’s just how the casinos would like it to be. Have you ever thought about where these rules have come from? Some casinos that show you how to play blackjack, will actually give you a chart to help you play by. The casinos love this, as it is just playing into their hands.

Forget about the blackjack card counting. Most people can’t keep up with that, and pit bosses are always looking for those who are trying to count cards; besides there is a simpler way.

Most people play by the conventional rules, as mentioned above, however this is not that profitable. By applying mathematics, and committing to memory the probabilities of the major cards, you can dramatically increase your odds of winning. In fact, some have paid for their entire trips to Vegas by playing blackjack for only a few hours.

If you are an avid blackjack player, or are somewhat new to the game, there is no better time than now, to start learning how to play blackjack with new blackjack strategies. You can find information on how to do this online, through ebooks, and through some online casino gambling forum sites. This is not a new secret, yet most people don’t know of it or think that it is way to hard to understand. It really isn’t once you get the hang of it.

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Student Pays Off $60,000 student Loan Playing Online Poker

I thought this might be an interesting article to list since I only started this new site less that 2 weeks ago. This site is all about debt and everything that goes along with it. I barely had this thing up and going and i was getting emails from people telling me their debt stories and I have no place to put them so I figured I would add them on here until im ready for them so here it is:

To: whom this may concern,

I noticed you started this new site and wanted to hear about debt and all the stories people have whether good or bad. Well I have an interesting story for you not one that alot of people would agree with but one that I did and paid off in a big way. I graduated from Ohio state in 2005 and had no idea what i wanted to do in life. I had around $60,000 in student loans and was being “killed” sorry but I didnt know what other word to put there by the interest on the loans as you know many of us students are. I worked my butt off and tried to pay this down during school and didnt have much luck with the cost of living.

So one day I was surfing around on the net and saw all these articles about online poker and I said what the heck lets try it out, one site was offering 100% match on my deposit. Now im from a very religious home and gambling is not tolerated.

So here goes I deposited $800.00 it was the last of my student loan money and well I was up $500.00 in the first 10 minutes, I thought AWESOME here I go. I played for several hours and didnt move very much that day. So the next day I woke up and played again I went UP $2500.00. I was darn near rolling over on the floor. So I figured I would go grab something to eat and came home and played again. Now im thinking I have issues with gambling. So I figured if I went up anymore I would quit. Well that never came I went down $600.00

On to the next day a Sunday gods dayhahah I thought ok im gonna win today. I wasnt playing for 20 minutes and I was broke. I LOST it ALL I didnt know what to do talk about depressed. So back to the drawing board. I started mowing lawns and was making ok money but the thrill of winning that money playing poker never left my head.

Now that everyone thinks I have a gambling problem I went on and played again FOR FREE this time and went into a FREEROLL tournamentis a tournament you can play and win small amounts of money or entries into bigger tournaments so I play about 20 tournaments lost them all and started to give up. There was one more tournament at 9:30pm for a free entry into a big tournament. The problem was there were 2500 people playing for this. Well I played and 8 hrs later I won the tournament and I was in to the big tournament.

So the following Saturday is the big day. Well I was late by 30mins I was down big time but I was still in the tournament just sitting out every hand. 7 1/2 hours later I was the winner of $100,000.00 Yes I could not believe it and I still do not believe it but here I am today debt free of $60,000 and off to the wonderful game of life.

Till this day I have not played online poker or any type of gambling. I figured My wish was granted

CHEERS

GOOD LUCK WITH THE SITE LOOKS GOOD

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Casino Slots

Casinos introduced slot machines for the wives and girlfriends of gambling husbands with the intention that men would get more time to spend on gambling. In recent times, the game has become very popular amongst both men and women visiting the casinos. Instant jackpots and ease to play are some of the reasons why increasing number of people are drawn towards slot machines.

Casino slots can be classified into straight slots and progressive slots. Straight slots have set jackpot payouts according to the machines payout schedule. For instance, if playing on a straight quarter slot, winning a jackpot by betting on a quarter will give 200 coins, a two-quarter bet wins 600 coins, and the jackpot amounts to 2000 coins. On the other hand, progressive slot machines have jackpots tied into a bank of machines, a carousel of machines, or even other machines at a different casino. The progressive jackpot is displayed on an electric board, which is attached to the progressive slot machines. Further more, the progressive jackpot increases with every play on each slot machine of the progressive group. The payouts on progressive slots can reach to extremes and can range from several thousands to multi-million dollar payments.

A casino has many other attractions such as the 3-reel slot machine, 4-reel slot machine and the 5-reel slot machine. Often odds increase with more reels in a slot machine. The other attraction includes the fruit machine, and uses a video monitor in place of standard reels. Similar to these, various new slots are introduced in casinos every season. Every time they come up better gimmicky names and enhanced digital effects, thus maintaining and increasing the attraction.

These slot machines are designed with a feel and look of the conventional mechanical models, but they work on a complete different principle. Dissimilar to the conventional mechanism the outcome of each pull in modern slots is controlled by a central computer inside the machine, and not by the motion of the reels.

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Online Gambling Glossaries

Online gambling glossaries are in abundance on the Internet and contain terms related to online gambling. Such glossaries can prove helpful to people who are new in the business of online gambling. Online gambling differs from casino gambling in that it provides the gambler an opportunity to gamble in peaceful surroundings. Furthermore, a gambler can pause the game and refer to these online glossaries, which is difficult in a normal casino.

Online gambling glossaries can help people who want to learn the latest jargon and slang in this business. Many sites also provide core glossaries that not only offer definitions but also inform about new terms and their meanings. These are also called defining dictionaries because they are extensive compared to normal glossaries.

Terms used in online gambling may differ from those used in the real-time game as several terms are devised with reference to the Internet. Some such terms include eCOGRA (an agency that regulates/controls online gambling/casinos), iGlobal Media (a casino software provider), OPA or Online Players Association (who regulate online payoffs), and Play Tech (one of the best online casino companies).

Online gambling is a comparatively new phenomenon and is still not developed enough to ensure complete transparency and smooth working. Moreover, many inventions and innovations in online gambling mean that newer terms and definitions are constantly added to these glossaries.

The terms in a glossary are important since knowledge of definitions and abbreviations can help a gambler in winning a game. Therefore, experts who are not only familiar with gambling but also have a practical understanding of the Internet usually write these glossaries. However, glossaries are not the only source of words and terminology since online dictionaries also contain explanations of gambling terms.

Thus, online glossaries can be a good starting point for neophytes and a reference guide even for gambling stalwarts who have plenty of experience in online as well as land based gambling.

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Online Casinos - Great Blackjack Tips

Do you love to play blackjack? I know I do! Its one of the most entertaining cards games I’ve ever played, and its pretty easy to understand. How good are you at blackjack? I’d like to offer you three simple ways to increase your chances of winning at blackjack. Maybe you already know about these tips? Lets find out.

Tip One - Always Double Down On 11

Generally speaking, you should always double down if you have 11. The chances of scoring 20 or higher are very high.

Tip Two - Splitting 8’s Is Generally A Good Idea

Why is splitting 8’s generally a good idea? Because holding a 16 hand is not very good. If you split your 8’s, you now have a realistic chance of scoring 18 or higher. Even if you don’t win both hands, you should at least win one of the hands, meaning you won’t win or lose any money.

Tip Three - Double Down If You Think The Dealer Will Go Bust

If the dealer is showing a 5 or 6 hand, while you hold a 7 to 11 hand, then I recommend doubling down. Be warned though that this tip is not for the feint hearted. If you cannot afford to lose, or don’t have much money left, then I wouldn’t recommend using this tip. It does work a lot of the time though, as demonstrated by my friends at the casino.

There you have it my friends, three solid tips that should hopefully help you next time you play blackjack. Winning consistently at blackjack is not an accident. Its a skill that can be acquired by anyone at any time.

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Blackjack Betting

A betting system is basically a way of using money management to maximize your profits. Managing your money properly is the major criteria while playing blackjack, as no technique or method can win you money unless you effectively deal with your bet.

Most blackjack betting systems can be categorized as multiplicative, additive or linear. The Martingale system is considered to be the most widely used blackjack betting system. It was invented over 200 years ago. The system is multiplicative in nature, which means that you are required to double your bet each time you lose, on the assumption that you will eventually win and show a profit from the initial wager. However, in order to eliminate the effectiveness of this system, casinos have set table limits, which ensure that after a long losing streak you will eventually hit the table maximum limit and have to quit the game or start afresh. Also, in order to make the system work you also need a considerable bankroll. The Progressive Betting System, on the other hand, is the simplest and the most effective betting system. In this system, a player simply decides on a minimum and maximum bet and then bets the smaller amount after a loss and the larger amount after a win. However, this kind of betting system fails when you experience a win, loss, win, loss type of scenario. In such cases, it is advisable to bet an equal amount on each hand.

D’Alembert is a simple linear system named after the eighteenth-century theorist Jean le Rond d’Alembert. In this system, you raise your bet by a fixed amount if you lose and lower it by a fixed amount if you win. The Anti-Martingale system requires that you double your bets after a win instead of a loss, the reverse of the Martingale system. There is a high probability of a small loss and a small probability of a huge win, as when you lose a bet you have wiped out your wins plus one unit.

Although there are various other kinds of blackjack betting systems as well, no one can guarantee positive results. Therefore, it is advisable to rely on one’s own intuition while placing big bets.

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Bankroll and How to Keep Your Risk at a Minimum

Poker bankrolls should protect your emotional well being as much as your financial well being. In other words, your bankroll should prevent you from playing scared when you’re going through the inevitable, everyone has them every once-in-a-while runs of bad luck.

Luck is an important factor in poker, equal or almost equal to skill, so you’re bound to have days that your most sterling, brilliant play ever just can’t stop the hemorrhaging of your cash.

To keep your risk at a minimum, you must make sure you have enough money to keep you sane during a downswing. Money management is should be ranked up there as a top priority when you’re playing in a tough game because good bankroll management can get you through the swings and keep you from going broke.

Beginner to intermediate level players should be particularly careful about how they manage their money when they play. Most of the time, newcomers go broke at the table because they become too excited. Playing high limits with insufficient bankroll and insufficient skills is going to lead to problems. That said, as we’ve mentioned, even the best players go broke because they play limits that are too high when they’re clearly having off days.

To avoid these problems and to avoid playing scared – an inevitable result of a depleted bankroll – you should watch your limits like a hawk. If you’re playing too high with too little money – a common occurrence – you’ll be at a major psychological disadvantage through out the game. Before you’re conscious of how you’re thinking, you’ll be bluffed out of your money by playing cheap.

If you decide to play for no limits, you should start the game with at least 100 times the bind. If you want to play $0.25 to $0.50, for example, you should have at least $50 to start.

When you’re experiencing a swing in the wrong direction, be aware that most downward swings, if properly managed, trail off at about 100 points – whether it’s 100 of $0.10 or 100 of $100,000 value depends on your game but take it into consideration. Remember also that you can find your bankroll depleted by 200 points, even 300. What this means is, you need to have the starting bankroll to cover such eventualities. Not only do you need to cover the possibility that you might loose up to 300 points at whatever the value you’re playing, you also need to have enough money in your stack to keep playing with a cool head – easier said than done.

Minimizing your risk depend on understanding the stakes in a particular game. Your method for understanding the stakes could be based on any one of a hundred strategies that have been developed by professional gamblers and enthusiastic poker players alike. The trick is to find the method that works for you – check out a couple of weighty books on poker and you’ll soon come across a few.

However, when it comes to risk minimization and bankroll management, regardless of your game or stakes, these are the rules you should always follow:

Never play scared: a fundamental principle of good poker playing and, incidentally, good gambling. Never play with scared money (your rent, grocery money, or children’s college funds). Never play with more money than you were planning to: do not exceed your initial bankroll because if you have a run of bad luck, you’ll soon find yourself playing scared and loosing.

A widely accepted practice amongst gamblers is: never bet more than 5% of your bankroll on a given wager. Poker players often advocate this rule. Again, it’s another method of preserving your sanity during a downswing to minimize the risk. If you can limit your scared play, you may begin to fall into that small percentage of online poker players who make money in the long-run. It’s a sad fact that as many as 90% of online poker players lose money in the long run, primarily due to bad money management.

Here’s some tips on how to manage your bankroll online by controlling your stakes:

All players: Never open an online account with less than $150.

Limit players: If you have $200 or less as your starting bankroll, your stake limit should be around $0.5-1.00 and around $5 if you’re playing Sit and Go Tournaments.

If you have between $500 and $900, you should still play $0.5-$1.00 as a safety. Only when you know the competition and have a few hundred in your pocket should you start playing at $1.00 -$2.00 limit; Sit and Go Tournaments you can play at $10.

No-limit players: To play no-limits online and manage your bankroll properly, you should buy into a game at 100 times the Big Blind (BB) and your bankroll should be at least 20 buy-ins of 100 BBs. If you’re playing $0.10-$0.25, you should buy in for $25 and your bankroll should include 100 x 20 x $0.25 = $500.

To play $0.5-$1.00, following the same guidelines, you should enter the game at $50 and have a bankroll of at least $1000.

Sticking to these guidelines should help you play safe and will thereby reduce the risk you’re playing at.

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Play Bingo Online From The Comfort Of Your Home

Online bingo allows everybody to enjoy all the fun and excitement of your local bingo hall in a safe, secure and comfortable environment of your own home. Some online bingo sites offer a wide variety of online bingo games and online bingo promotions that provide hours of entertainment. Whether you are new to online bingo or a senior online bingo player, there is something for everyone. Online bingo sites offer a realistic bingo hall experience with the best online bingo software available. All the online bingo games are very simple and easy to play. Usually they offer four online bingo rooms to choose from as well as multiple chat rooms so you can chat with other online bingo players from around the world. Since many years they have provided reputable online bingo and online casino games and our members privacy and security is of the utmost importance to us. Their friendly customer service representatives are standing by 24/7 to promptly answer any questions you may have.

A growing number of bingo players have made online bingo their preferred form of entertainment. Online Bingo offers convenience, unbelievable gaming options, and great excitement. One can play whenever and wherever they wish. One can become a free member today to play bingo, have fun, and win impressive jackpots.First-time bingo players and die-hard bingo fan alike all gather at online bingo halls. One of the reasons for the huge success and popularity of Internet bingo is the way in which online bingo sites have translated the elements that have made regular bingo games so popular through the years. Just like in the real bingo hall, online bingo players can chat with their friends and other players as they play bingo. This online chat feature increases the excitement of the online bingo games, and makes players feel a sense of community with their fellow players. There are a lot of new bingo games forming all the time with new jackpots everyday. Bingo on the Internet brings the excitement of the bingo hall right into the living room of your home.

Online bingo is a game that is elegant in its simplicity and it is even easier online. The aim of any style of bingo is to complete the game pattern on your bingo card before any other player. In case you do have a bingo and win the prize. It is easy when playing online; your bingo cards are very randomly selected for you. Most of the online games give you 3 or 4 cards. Other games let you take more than that. All the online bingo games have a caller or a display board for the bingo numbers.

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So You Think You Can Be a Professional Poker Player?

Being a professional poker player looks like it would be a fantastic job. On the televised poker tournaments, you are always seeing professional players walking away with huge winnings, sometimes as much as a million dollars. That is a lot of money for basically winning at a card game. Watching one of those tournaments, I’m sure that the thought crossed your mind that you could easily be a professional poker player. Well, maybe not easily, but with a little training and experience, what’s to stop you? And it would sure beat working 9 to 5 at the office.

I’ve had such thoughts myself. I even had big dreams of being this superstar poker player riding around in a limo on the streets of Las Vegas, splashing huge wads of cash to everyone around me. But before long, I snapped out of it. Because it’s just a dream, after all, and a ridiculous dream at that.

Of course, it’s not a totally impossible dream. There are, after all, real-life professional poker players. But believe, me, they don’t go around with their heads in the clouds, filled with dreams of glitz and glory. In fact, all of the successful pros I know are very down-to-earth people. That’s because they don’t treat poker playing as a game, but as a career, and like any other career, you have to work hard to get “promoted.” The do enjoy some of the glories and perks you would imagine, but on the whole, their lifestyles are a lot less glamorous that you might imagine.

First of all, professional poker players need to be very disciplined. Except for a few occasions playing with friends and family, they cannot afford to play poker for fun. Of course, they must enjoy playing poker, or why else would they do it, but they have to take each game very seriously. And given such an approach, playing poker can actually turn out to be quite tense and stressful, as the player has to be patient, alert, and controlled, and must avoid making mistakes.

And then, playing professional poker is costly, especially in the beginning. In poker, everyone starts out as a novice player. To develop the experience required of being a professional, you have to play hundreds of thousands of poker hands. You simply cannot win them all, so you will certainly lose money in the process. Eventually, you may earn enough to make up for any losses, but that could take a long time. And you also have to consider related costs, such as travel, food, drinks, and other expenses you may incur at a casino.

Wanting to be a professional poker player is a lot like being a musician or a stage actor. If that is your dream, then by all means go for it. But until you start tasting true success, don’t quit your day job.

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