Poker is a game of skill, and every decision you make is approximately maximizing your Expected Value or EV for short. The term “EV” will undoubtedly be used throughout this article and will be seen in two ways. A new player can have +EV, that is positive Expected Value or – EV, which is negative Expected Value. Poker is not gambling and the next explains why.
Most gambling games have a poor EV for you, and a positive EV (5.49% in cases like this) for the casino. In the short run you can win, but in the long run, in the event that you played typical gambling games 1000 times, the casino would always find yourself winning by about 5.49%. As poker88 can see these kind of gambling games are in favor of the home. Poker pits you against other players rather than the house. In a full ring game (9 players) or shorthanded game (6 players), the goal is to make the best EV decisions against the many other players playing worse (making -EV decisions) than you.
A simple example would be if you were dealt KK prior to the flop came (preflop), which everyone understands is an excellent hand preflop. This hand has a high possiblity to win against all the hands preflop. In the event that you played and raised “all in” with this particular hand against a player who played and called every all in, you would have an enormous advantage as you will be a favorite every time, making it a +EV decision. This is an exaggerated example and playing one hand would not be the smartest idea. What you would do is play say the very best 20% of hands because against somebody who plays maybe 70% of their hands, you again, will undoubtedly be making a +EV decision each time you play with him. It’s likely that your starting hands will have a lot higher probability to win. This is just scraping the top, and there is an EV mounted on every decision and every situation. Many internet poker sites provide starting hand charts for novices to use, which would function as simplest way to enhance your EV.
In addition, there is always variance and in the short term weaker players might get lucky, but that’s also what attracts them another and keep playing. Over time, a good player who always makes +EV decisions will always end up a winner. This is why poker isn’t gambling but a casino game of skill and finding out how to exploit your opponent’s mistakes.
Could it be safe to play internet poker?
Absolutely, some sites have over 50,000 people playing at once. Major sites like Full Tilt Poker run advertisements on it and the web and are even listed on the currency markets. They enable you to play poker online for free or real money. Any negative publicity would affect their business so these sites often provide the best customer service. Keeping your password secure can be your responsibility and if you do that, your money will be safe. Online poker sites have no incentive to cheat when dealing hands since they desire to be extremely fair so you continue steadily to play, that allows them to earn their income by means of “rake.” This is a really small percent of the pot (usually less than 1%). In poker, you’re playing contrary to the other players, and not the home.
Obviously if the poker site seems shady, you haven’t heard of it, they don’t advertise on TV or the net and there aren’t members playing frequently – you wouldn’t be depositing your cash there!!! With that said, almost all of the major poker sites are very safe and reputable.
What are the best internet poker rooms?
You can find three major sites for playing internet poker. Full Tilt Poker, Pokerstars and Party Poker have plenty of traffic, play money tables, a lot of freeroll tournaments and have very good customer support. If you are a beginner you should play at Full Tilt Poker or Pokerstars when you begin. Other sites like Party Poker call you up after you sign up and require some type of id verification to activate your account. Some individuals may like this extra security, and will certainly go that route. Full Tilt Poker and Pokerstars do not require this. Overall, all three 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 depends on the site. Some sites give you a really small portion (around 10%) of your deposit instantly, but that is rare. What typically happens is you deposit $600, and after you accumulate a certain amount of player points, they will provide you with the full $600. This is to make sure depositing players are also active. With online poker sites such as Full Tilt Poker these points are achieved rapidly.
Websites on the internet will publish poker bonus codes which must be entered upon account creation. After that, the amount you earn depends upon the time you may spend playing and the stakes you play at. When a player reaches 400NL limit, this means 2 to 4 dollar blinds and also have a good percent of wins, they are able to make up to 5K a month. This is of course in the event that you treat playing like a job and dedicate several hours every day to playing. Ultimately job freedom and the lure of easy money that is only a click away, is what draws so many people to online poker.