Playing Poker Online – What You Really Need to Know
Internet poker vs. Online Gambling:
Poker is really a bet on skill, and every decision you are making is about maximizing your Expected Value or EV for short. The word “EV” will be used throughout this article and will also be observed in two ways. A player might have +EV, that is positive Expected Value or – EV, which is negative Expected Value. Poker isn’t gambling and the following explains why.
Most gambling games have a negative EV for you personally, along with a positive EV (5.49% in this case) for that casino. In the short run you can win, but in the long term, should you played typical gambling games 1000 times, the casino would always end up winning by about 5.49%. As you can tell these types of gambling games have been in favor of the house. Poker pits you from other players and never the home. In a full ring game (9 players) or shorthanded game (6 players), the aim would be to get the best EV decisions from the a number of other players playing worse (making -EV decisions) than you.
A simple example would be should you be dealt KK before the flop came (preflop), which everybody knows is a good hand preflop. This hand includes a high opportunity to win against all other hands preflop. Should you played and raised “all in” with this hand against a person who played and called every all in, you would have a big advantage because you will be a favorite each time, making it a +EV decision. This is an exaggerated example and playing one hand wouldn’t be the smartest idea. What you would do is play the top 20% of hands because against an individual who plays maybe 70% of their hands, you again, is going to be making a +EV decision every time you play with him. The chances are your starting hands have a lot higher probability to win. This is just scraping the top, and there’s an EV attached to every decision and each situation. Many online poker sites provide starting hand charts for beginners to make use of, which may function as the easiest method to enhance your EV.
In addition, there is always variance as well as in short term weaker players might get lucky, but that is also what attracts these to return and playing. In the long run, a great player who makes +EV decisions will invariably wind up a success. This is why poker isn’t gambling but a game of skill and learning how to exploit your opponent’s mistakes.
Could it be safe to play online poker?
Absolutely, some sites have over 50,000 people playing at one time. Major sites like Full Tilt Poker run promotions for the TV and also the web and are even on the stock exchange. They permit you to play online poker online for free or real cash. Any negative publicity would affect their business so these websites often supply the best customer support. Keeping the password secure is the responsibility and when you do this, your money will be safe. Internet poker sites don’t have any incentive to cheat when dealing hands since they wish to be extremely fair so you still play, which allows them to earn their income by means of “rake.” This can be a really small percent of the pot (usually less than 1%). In poker, you are playing from the other players, and not the house.
Obviously if the poker network seems shady, you haven’t heard of it, they don’t advertise on television or the web there aren’t members playing on a regular basis – you would not be depositing your money there!!! With that in mind, the majority of the major poker sites are very safe and reputable.
What are the best internet poker rooms?
There are three major sites for playing internet poker. Fulltiltpoker, Pokerstars and Party Poker have lots of traffic, play money tables, lots of freeroll tournaments and have excellent customer support. A high level beginner you need to play at Fulltiltpoker or Pokerstars when you begin. Other sites like Party Poker call you up once you register and need some form of id verification to activate your account. Many people may such as this extra security, and may certainly go down that path. Full Tilt Poker and Pokerstars do not require this. Overall, the 3 sites are incredibly safe and well-known.
Many sites state “Deposit and obtain another $600!” Do they really double your deposit amount after depositing?
That will depend on the website. Some sites give you a very small portion (around 10%) of the deposit instantly, but that’s rare. What typically happens is you deposit $600, and then once you accumulate a certain amount of player points, they will give you the full $600. This really is to ensure depositing players are also active. With internet poker sites for example Fulltiltpoker these points are achieved very quickly.
Websites will publish poker bonus codes which should be entered upon account creation. After that, the amount you earn depends on the time you spend playing and also the stakes you play at. Whenever a player reaches 400NL limit, meaning 2 to 4 dollar blinds and have a good percent of wins, they can constitute to 5K a month. This really is obviously if you treat playing like a job and dedicate hrs every day to playing. Ultimately job freedom and the lure of fast money that’s only a click away, is what draws a lot of people to online poker.