Poker is a game of skill, and every decision you make is about maximizing your Expected Value or EV for short. The term “EV” will 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, which is negative Expected Value. Poker is not gambling and the following explains why.
Most gambling games have a negative EV for you, and a positive 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 poker88 can see these types of gambling games come in favor of the house. Poker pits you against other players and not the house. In a complete ring game (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 if you were dealt KK before the flop came (preflop), which everyone understands is an effective hand preflop. This hand includes a high possiblity to win against all other hands preflop. If you played and raised “all in” with this particular hand against a new player who played and called every all in, you’ll 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 would not be the smartest idea. What you would do is play say the top 20% of hands because against someone who plays maybe 70% of these 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 whole lot higher probability to win. This 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 enhance your EV.
In addition, there’s always variance and for a while weaker players could easily get lucky, but that’s also what attracts them another and keep playing. In the long term, a good player who makes +EV decisions will always find yourself a winner. That is why poker isn’t gambling but a game of skill and understanding how to exploit your opponent’s mistakes.
Is it 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 the TV and the web and so are even listed on the currency markets. They permit you to play poker online for free or real cash. Any negative publicity would affect their business so these sites often supply the best customer service. Maintaining your password secure is your responsibility and if you do this, your money will be safe. Online poker sites haven’t any incentive to cheat when dealing hands given that they want to be extremely fair so you continue steadily to play, that allows them to earn their income in the form of “rake.” This is the really small percent of the pot (usually less than 1%). In poker, you’re playing against the other players, and not the house.
Obviously if the poker site seems shady, you haven’t heard of it, they don’t really advertise on TV or the web and there aren’t members playing regularly – you wouldn’t be depositing your money there!!! With that said, most of the major poker sites have become safe and reputable.
What are the best online poker rooms?
There are three major sites for playing online poker. Full Tilt Poker, Pokerstars and Party Poker have plenty of traffic, play money tables, plenty 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 once you sign up and require some type of id verification to activate your account. Some individuals may such as this extra security, and can 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 get another $600!” Do they really double your deposit amount after depositing?
That depends on the site. Some sites offer you a really 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 provide you with the full $600. This is to make sure depositing players may also be active. With internet poker sites such as Full Tilt Poker these points are achieved rapidly.
Online sites will publish poker bonus codes which must be entered upon account creation. From then on, the amount you earn depends on the time you may spend playing and the stakes you play at. Whenever a player reaches 400NL limit, which means 2 to 4 dollar blinds and also have an excellent 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 each day to playing. Ultimately job freedom and the lure of easy money that’s just a click away, is what draws a lot of people to online poker.