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July 24th, 2008

Basic Rules Of Poker - Cut Expenses To Increase Profits

Playing poker for a living is very much like running a business. There are basically two ways to increase profit. You can increase revenue or cut expenses.Now we all love to win bigger pots and to increase our revenue but I’ll get to that in another post. Today I want to write about one simple way to cut expenses and thus increase our profit.

The casino will take its share, nothing you can do about that. Dealers need to make a living so I don’t advise you cut their tips, else you will end up with incompetent dealers who make mistakes and that could cost you a big pot.

So we covered the two most obvious expenses to a poker player, the house rake and tips. What other expenses are there?

How about losing a hand. Does that not cost you money? Of course it does. Being a skillful player will increase the chances of your hands winning. But the average joe with average skill needs a trick up his sleeve too.

One trick to cutting expenses and increasing profits is in starting hand selection. This one tip alone will increase your bankroll like crazy. Most players play way too many hands. The more hands you play, the more hands you will lose and thus, up goes your expenses.

As an example, let’s say you throw every hand away. What is your expense? Only the blinds. Sometimes your blind doesn’t get raised and you get to play for free. Win one of these every couple of times and it will cover the expense of the blinds.

Now that is an extreme and even though you cut expenses, you still need to generate some revenue. You must play some hands to generate profits. I recommend you stick to the top 20 premium hands. These are the hands with the highest chance of being winners.

More winning hands and less losing hands equals more revenue and fewer expenses. Playing low percentage hands in hopes of winning a big pot only equates to more expenses, which in turn dilutes the profits you make on the high percentage hands.

You can find the list of top 20 Hold ‘Em hands by visiting: http://www.pokertools.com/rules.php

July 16th, 2008

Home-Game Cheating: Facts About Poker Cheats

article by M.J. Morgan

Direct access to poker games through television and the effective marketing strategy of today’s poker industry has greatly increased the popularity of poker, and more people are now hosting poker nights at home. What most of the poker amateurs don’t know is that not only are they risking their and everybody’s money to savvy cheating players, but also risking police raids, and in worst-case-yet-real-scenarios, losing their lives.

If you enjoy playing and hosting poker nights, there are some basic things you need to know for the safety of everybody involved.One of my previous series of articles dealing with poker tragedies featured 4 home game tragedies out of 9 that happened during the last century and the beginning of this one, and not every player that ended up killing their poker mates was an experienced criminal. Some of them were average people who wanted to have some fun but found themselves in a situation and reacted impulsively and regrettably. Therefore, home poker games can certainly be dangerous and prone to the unthinkable if people are not cautious.

According to Richard Marcus, a now retired professional casino cheater, talks about the alarming increase of home-game cheating that can lead up to dangerous incidents.

“If cheating is blowing up sky-high on the Internet, it’s gone nuclear in home games. How do I know? You’d only have to read my e-mails. Eighty-five percent of them querying me about cheating in poker ask about incidents occurring in the senders’ home games.”

Thus, what signs or traits would a poker host look for when suspecting of the honesty of some player? Whether a poker host would like to get rid of their cheating buddy or learn everything about cheating before hosting his/her first poker party, there are 4 important facts to consider about poker cheats, according to poker player and author Marc Wortman.

Cheats will do anything rather than admit they cheated. If you think that confronting a poker cheat about their shady practices is going to embarrass them and make them admit and repent of their actions, then, you definitely don’t know much about poker cheats.

Even if you or others at the table catch a cheater red-handed, they will deny it with all their might. The only thing you can get out of confronting a cheater is a nasty argument, which may escalate into something more unpleasant, depending on the circumstances and the feelings of the other players.

Low stakes won’t discourage cheaters. Some cheaters are more driven by the challenge of tricking others than by profit. They can’t play without the thrill of changing the game’s course to their advantage and winning. Most home cheaters look for home games in which there is a balance between the profit stakes and the ability for the other players to catch the cheater. Therefore, keep in mind that even when playing for pennies, you might be hosting a cheater who just likes fooling everybody.

Cheaters will try to continue playing after being caught. Even after an embarrassing moment at your poker night, the cheater will continue trying to get invited to future games, especially because they will always deny their involvement, and expressing any kind of shame by not coming back would be like admitting the suspicion was accurate.

Cheaters won’t get scared when warned by a knowledgeable host. If you ever thought that warning a cheater that you know what they are up to could deter him/her, you will only be daring the cheater to improve. Therefore, don’t make the mistake of waking the cheating beast!

According to Richard Marcus, the cheating technique that wins the #1 prize in home games is marking cards.

Marcus claims that nowadays, the marking trend for home cheaters involves a Mission Impossible style move: buying several new decks, taking the cards out without damaging the plastic packages or the sealing blue sticker on the box openings, marking the cards, putting everything back, and ironing the plastic cellophane wrappings to seal the decks back. Then, the cheats take the decks to a store near the game’s location, especially a store that stays open until late, and when the vendor is distracted, the cheaters replace the new decks with the marked ones. Then, at the game, the cheater goes on “tilt” and tears the cards in their bad hands out of apparent frustration. When all the decks available at the host’s house are ruined, someone will try to go and buy a deck at the nearest store, the one that is open until late and is now selling the marked decks. And to everybody’s surprise, there is no more deck tearing by the cheater for the rest of the game, only the tearing through everybody’s stacks.

Therefore, it is important for game hosts to know how far cheating players are willing to expend time and energy for the thrill of fooling everyone, even close friends. Hopefully your own cheater’s secrets have been exposed in this article, and you will be able to expel them from your home poker fun.

Next: Home-Game Cheating Awareness, Part IV: 8 Home-Protection Rules

About the Author

This article was published courtesy of TightPoker.com.
Tight Poker (www.tightpoker.com) is the top site for Party Poker information and promos, as well as a popular resource center for Poker news, promotions, reviews of online poker sites, strategy articles and also home to an active forum for discussing poker news and strategy.

July 9th, 2008

Roy Rounder Joins Up With PokerTools.com

At PokerTools.com we are proud to welcome Roy Rounder to our lineup of professionals.

“Couch Rounder” as he is affectionately known around the training camp has agreed to offer 52 weeks of personalized mentoring to anyone who wants it. You can do it on your own schedule at your own pace (you do have a full year). You just submit your latest hand histories to Coach Rounder. Within 48 hours you receive a seven-page report displaying a detailed breakdown of your game, based on the submitted hand histories.

This is an absolute first on the internet! Seeing that you can get a full year of coaching for free, it is hard to think of a reason why you wouldn’t want to give Coach Rounder a chance. Possibly the only reason would be if you decided not to play any more poker. But then again, such a drastic decision could be modified if you saw your game suddenly improve by several levels.

To get a full year of personalized poker advice from professional Coach Rounder at no cost, you just have to open a new account with one of their partner online poker rooms. It’s usually all the big names. So if you have been thinking of opening a new account at a new online casino why not do it through here and Get Your Free Year Of Personalized Poker Advice Now

If you do use the link above to visit Coach Rounder’s website you will see how much detail goes into these reports. It’s just too much for me to post here. Everyone enjoy and welcome Coach Rounder!

July 6th, 2008

The Laydown That Saved Me Hundreds

The other night I’m sitting under the gun at a $5/$10 NL table when my eyes widen a little as A-9 suited shows up in my hand.  Visions of a flush draw or top pair on the flop crept into my head, and my mouth watered at the thought of raking in another huge pot.

So as I’m ready to make the call  I look down at the new poker odds calculator that I am currently evaluating.

“Fold.”  Fold?  Are you kidding me?  I’m suited A-9.  According to Oddsmaker.com this is a premium hand. It’s one of the top twenty hold ‘em hands to play. Nevertheless, I was there to test out this new odds calculator, so I followed it’s advice and folded.

Table goes around.  4 players in.

Flop comes: 7h Ad 9h.

I just folded top pair with a decent kicker and I only need one more heart to make the nut flush.  Ouch!! These are the pitfalls I must face when I’m trying out new software to bring to you.

So the Turn comes 2c and River 8s.  Pot hits a couple hundred and out come the cards.

Winner shows A-Q!

Whew!  I just saved me over half my stack. I love using poker calculators.

Ok. It’s not laying down Kings against a made straight or folding a boat to four of a kind, but I would’ve played that through and lost a ton.  So it was the best laydown I’ve had in a long time.

The best part is about 6 hands later the calculator, Calculatem Pro, had me raise a hand I would’ve just called.  That was a nice payoff!

Anyhow, I felt like bragging a little and sharing the story.  Thought you would enjoy it. If you are not using weapons when battling at the table, why not? Your opponent is!

I’m in love with Calculatem Pro now.  You can find this new program and all the others on our Tools Page.

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