Poker is really a game of skill, and every decision you make is about maximizing your Expected Value or EV for short. The word “EV” will undoubtedly be used throughout this article and you will be seen in two ways. A player can have +EV, that is positive Expected Value or – EV, that is negative Expected Value. Poker isn’t gambling and the following explains why.
Most gambling games have a poor EV for you, and a confident EV (5.49% in cases like this) for the casino. In the short run you could win, but in the long term, in the event that you played typical gambling games 1000 times, the casino would always find yourself winning by about 5.49%. As you can plainly see these kind of gambling games come in favor of the house. Poker pits you against other players rather than the house. In poker 88 (9 players) or shorthanded game (6 players), the goal is to make the very best EV decisions against the a great many other players playing worse (making -EV decisions) than you.
A simple example would be in the event that you were dealt KK prior to the flop came (preflop), which everyone understands is a good 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, rendering it a +EV decision. This is an exaggerated example and playing one hand wouldn’t normally be the smartest idea. What you will do is play say the very best 20% of hands because against someone who plays maybe 70% of these hands, you again, will be making a +EV decision each time you play with him. It’s likely that your starting hands will have a whole lot higher probability to win. That is just scraping the top, and there is an EV mounted on every decision and every situation. Many online poker sites provide starting hand charts for beginners to use, which would function as simplest way to improve your EV.
In addition, there is always variance and in the short term weaker players could easily get lucky, but that’s also what attracts them to come back and keep playing. Over time, a good player who always makes +EV decisions will always end up a winner. That is why poker is not gambling but a casino game of skill and finding out how to exploit your opponent’s mistakes.
Is it safe to play internet poker?
Absolutely, some sites have over 50,000 people playing at one time. Major sites like Full Tilt Poker run advertisements on the TV and the web and are even listed on the stock market. They permit you to play poker online free of charge or real cash. Any negative publicity would affect their business so these sites often provide the best customer service. Maintaining your password secure is your responsibility and if you do this, your money will be safe. Online poker sites have no incentive to cheat when dealing hands given that they wish to be extremely fair so you continue steadily to play, which allows them to earn their income by means of “rake.” This is usually a very 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 have never heard of it, they don’t advertise on TV or the net and there aren’t members playing on a regular basis – you wouldn’t be depositing your money there!!! With that said, a lot 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. 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 need to play at Full Tilt Poker or Pokerstars when you begin. Other sites like Party Poker call you up once you sign up and require some type of id verification to activate your account. Some people may like this extra security, and can certainly go that route. Full Tilt Poker and Pokerstars usually do not require this. Overall, all three sites are incredibly safe and well known.
Many sites state “Deposit and get another $600!” Do they really double your deposit amount after depositing?
That depends on the website. Some sites provide you with a very small portion (around 10%) of one’s deposit instantly, but that is rare. What typically happens is you deposit $600, and then after you accumulate some player points, they will give you the full $600. This is to make sure depositing players are also active. With internet poker sites such as Full Tilt Poker these points are achieved very quickly.
Online sites will publish poker bonus codes which should be entered upon account creation. From then on, the amount you earn depends upon the time you may spend playing and the stakes you play at. When a player reaches 400NL limit, which means 2 to 4 dollar blinds and have a good percent of wins, they are able to make up to 5K per month. This is of course if you treat playing just like a job and dedicate a long time every day to playing. Ultimately job freedom and the lure of easy money that’s just a click away, is what draws so many people to online poker.