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 be used throughout this article and will be seen in two ways. A player can have +EV, which is positive Expected Value or – EV, that is negative Expected Value. Poker is not gambling and the following explains why.
Most gambling games have a negative EV for you, and a confident EV (5.49% in this instance) for the casino. In the short run you can win, but in the long term, if you played typical gambling games 1000 times, the casino would always end up 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 a complete ring game (9 players) or shorthanded game (6 players), the target is to make the 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 knows is a great hand preflop. This hand has a high chance to win against all the hands preflop. In dewa poker that you played and raised “all in” with this particular hand against a new player who played and called every all in, you’ll have a huge advantage as you will be a favorite every time, rendering it a +EV decision. That is an exaggerated example and playing one hand wouldn’t normally be the smartest idea. What you will do is play say the most notable 20% of hands because against someone who plays maybe 70% of their hands, you again, will undoubtedly be making a +EV decision each and every 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 internet 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 might 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 find yourself a winner. This is why poker isn’t gambling but a game of skill and finding out how to exploit your opponent’s mistakes.
Is it safe to play online 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 so are even listed on the currency markets. They allow you to play poker online for free or real money. 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 that, your money will be safe. Online poker sites haven’t any incentive to cheat when dealing hands since they wish to be extremely fair so you continue to play, that allows them to earn their income by means of “rake.” This is usually a very small percent of the pot (usually significantly less than 1%). In poker, you are 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 net and there aren’t members playing frequently – you wouldn’t be depositing your cash there!!! With that said, the majority of the major poker sites have become safe and reputable.
What are the best internet 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 excellent 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 after you sign up and require some form of id verification to activate your account. Some people may such as this extra security, and will 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 obtain another $600!” Do they really double your deposit amount after depositing?
That depends on the website. Some sites provide you with a really small portion (around 10%) of your deposit instantly, but that’s 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 ensure depositing players may also be active. With online 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. After that, the amount you earn depends upon the time you may spend playing and the stakes you play at. Whenever a player reaches 400NL limit, this means 2 to 4 dollar blinds and also have an excellent percent of wins, they can make up to 5K a month. This is of course if 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 just a click away, is what draws a lot of people to online poker.