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Saturday, October 2, 2010

Review of Online Poker

       Online Poker is a sensation that has revolutionized the poker industry; being able to play with a computer or notebook whenever or wherever you have internet. Being able to enjoy online poker with play money or real money is a factor in which most players migrated from playing at the casino for so many hours to playing online. To begin playing Online Poker a software needs to be downloaded from one of the many different sites available.  To be able to play with play money and real money is definitely something that allows people to hone their skills. Free rolls are also available on many different sites where people sign up for the tournament and only the top percentage of the field that makes the final few tables gets paid. Different games are also available online such as no-limit hold'em, pot-limit hold'em, limit hold'em, limit razz, limit stud, limit stud hi/lo, limit omaha hi, limit omaha hi/lo, pot-limit omaha hi and much more depending on the software that is being played. These games are also available to be played with play money or real money if desired. Besides having a wide variety of games to play there are also a wide range of stakes that can be played. Different poker softwares also offer different bonuses if someone deposits and play on their site, although these bonuses entices people to play on the software they can't actually attain these bonuses unless they play a specific amount on the software, forcing them to go and deposit more if they lose to try to attain the bonus. Online poker drags you into their software with all of the different things that they offer to the people who wish to play, although everything that the site offers to the people it can only drag people deeper into the hole if they are constantly losing players.

Friday, October 1, 2010

Basics of no-limit hold'em

      The boom of no-limit hold'em started when Chris Moneymaker won the World Series of Poker main event for a whopping 2.5 million dollars. No-limit hold'em is played by dealing up to 10 players at a table 2 cards each. These cards are known as the players hole cards because no one else can see them because they are exclusive to you only. In a normal table there would normally be nine seats and each seat has a name depending on where they are from the dealer button. The dealer button moves down one seat after a hand has finished playing. The seat to the left of the button would be the small blind, the player who is in the small blind seat has to put up a forced bet which is usually half of the big blind. The big blind is the seat left of the small blind, similar to the small blind the big blind has to put in a forced bet which is dependent on what stakes the table is. Example: The table is $1/$2 the small blind would be the smaller amount while the big blind would be the bigger amount. In this case the small blind would be $1 and the big blind would be $2. The seat to the left of the big blind is called under the gun, which is the first person who acts pre-flop. The seats to the left of under the gun is under the gun+1, early middle position, middle position, late middle position, hijack, and cutoff in that specific order. This is just the basics of how to play no limit hold'em, there is a lot more to be taught about the game.

Saturday, September 25, 2010

Online Poker Analysis

       Online Poker has exploded within the past decade into a major industry in which Pokerstars, the largest online poker site in the world, has amassed a revenue of $1.4 Billion a year. This industry has accumulated such a massive market share in such a short stretch of time because of the benefits it provides the player over traveling to a physical casino. Being able to play Online Poker in your own home is a major reason for why many people have transitioned from playing in a casino to playing online via the internet. Playing multiple tables simultaneously instead of being confined to playing only one table is another factor that contributes to the success of Online Poker. Online poker sites offer players a wide variety of games and stakes that they can select from. Besides offering a wide variety of games, the sites also has games readily available at any time of the day.
       Games being readily available at all times of the day however doesn't change the fact that they take a percentage of the money that is played before or after every game. The money that is collected is called "Rake". Addiction is also another worry for people that play Online Poker because people who get addicted find it very hard to pull themselves away from playing resulting in losing time, money, and even loved ones.
        Online Poker is a choice that is favoured by many because of the convenience and the wide variety. But just because it is convenient doesn't always make it the right choice. Endlessly playing will only lead to an abyss of lost time and money.