Why Play Texas Hold ’em?

Why Play Texas Hold ’em?

Ah, yes—the Texas hold ‘em explosion. Seven years ago, when I first started playing, the Texas hold ‘em community was comprised almost entirely of the collection of retirees who haunted the local 1-4-8-8 games, a sprinkling of mild mannered pros who played for a living, and a healthy percentage of truly degenerate gamblers who would now and then stagger into the card room after a blistering run at the craps table. There were no internet games. There were no Jay-Cee charity tournaments. And there was certainly no poker on television. Although the games were typically full you didn’t hear much about poker away from the casino, and whenever you left the card room you got the feeling that you were probably at least a par five away from anyone who knew that ‘Big Slick’ didn’t refer to the Valdez oil spill.
But that was then. As we sit here today, in the Year of our Lord 2004, Texas hold ‘em seems to be everywhere. It’s on TV, it’s in books, and it’s being played for nickels and dimes in dorm rooms and basements all across America. I would say that this is a good thing, but that would be a total understatement. For in fact the hold ‘em explosion is a great thing, since it’s probably the best game ever invented for players looking to make serious money gambling.
Now don’t get me wrong—there are plenty of other games in which the player can gain the advantage. You can count cards in blackjack, for example, or play full-pay video poker, or learn how to handicap sports. But all these games have one formidable snag attached to them; i.e., they all come with an enormous variance. To the uninitiated, variance is a term we use to reference the ‘swings’ associated with gambling. In all the above mentioned games you can unquestionably achieve an edge. Unfortunately, however, it can often take a long time for that edge to manifest itself.
To fully understand any gambling proposition, you need to be acquainted with two terms: variance and expectation. As we explained above, variance refers to the swings. Expectation, on the other hand, refers to your edge. Ideally you’d like to involve yourself with games that have a high expectation and a low variance. Why? Because games with this relationship bring with them a very low risk of ruin. This means you don’t need as large of a bankroll to ensure survival, and you won’t need to play as much to ensure yourself of a profit.
All gambling games come with variance—that’s just the nature of the beast. If it wasn’t for variance the losing players would never score the occasional win, which means there would be no games. But you, as an advantage gambler, would like the variance to be relatively low, so as to minimize the risk of long and costly losing streaks. To this end, there is simply no better game out there than Texas hold ‘em. Why? Although the dynamics are complicated, it has largely to do with the fact that certain hands have only a very small chance of winning against certain superior hands. Take for example AK vs. AT. For the AT to win, it has to either catch a ten (of which there are only three left in the deck), or some kind of goofy straight or flush. If an ace drops the AT is ‘outkicked’, since the AK’s side card is higher than the AT’s side card. Thus, the guy with AK in this spot is an enormous favorite. If you manage to get money in the middle when you have AK and the other guy has AT, and further manage to get out when you have AT and the other guy has AK, you can expect to win a lot of money with very little relative risk.
It goes without saying then that this is precisely what winning players do; they get their money in the middle when they have a hand that ‘dominates’ their opponents holding, and cut their losses to a minimum when the situation is reversed. Because of this, the down swings that a winning Texas hold ‘em player will experience are typically much shorter than those experienced by other advantage gamblers. Are there ‘bad runs’ in Texas hold ‘em? Absolutely. But the length and cost of these runs pale in comparison to what a pro sports bettor, or blackjack player, can expect to suffer.
The fact that Texas hold ‘em offers such a favorable relationship between expectation and variance means that a player with a relatively short bankroll can expect to do fairly well. Although most experts disagree on precisely how much money you need to be adequately bankrolled, most estimates come in at around 300 big bets. This means you need around $1800 dollars to virtually ensure that you won’t go broke playing $3-$6, or $6000 to insure the same at $10-20 (remember, this estimate only applies to winning players. Losing players can expect to eventually go broke no matter how large their bankroll). If you figure an excellent players win rate at somewhere around one big bet per hour, this means a very good player can reasonably expect to double his bankroll after around 300 hrs. of play.
Sports bettors, even very good ones, are not immune to losing months, or even losing seasons. And every advantage video poker player can spin you a woesome tale about going 100,000 hands or so without hitting a royal flush. But Texas hold ‘em players, as a rule, don’t hit these kinds of slumps very often. With a fairly high win rate (relative to their bankroll), and an acceptable level of variance, it’s no wonder that so many advantage gamblers make Texas hold ‘em their game of choice!
It’s just pure dumb luck that the game with the most favorable expectation to variance ratio has become the preferred game for card players everywhere. How this happened I don’t know, but I for one am not complaining! Simply put, hold ‘em is THE GAME for players looking to win money playing cards, and with the huge influx of terrible players entering the fray the games have never been juicier. If you’ve been thinking about taking up hold ‘em for a while, and are just now gearing up for it, let me be the first to say you couldn’t have picked a better game, or a better time, at which to make the plunge. See you at the tables!

Free Casino Game

Free Casino Game

KWD: 22/403 = 5.45%

Free Casino Game

Free casino game is sometimes a part of the casinos promotional activities. Players who frequent a particular casino get coupons for a free casino game. It all depends on what free casino game the casino is promoting. Free casino game could be provided in blackjack, video poker, slot machines, craps, roulette, Pai Gow, Let it Ride, Caribbean Poker, keno and others. You can win great prizes too using the coupon which gives free casino games. You can win prizes with the free casino game coupons similar to those playing for a fee. The more you play at the casino, the more free casino games you will receive. Thereby giving you more chances to win.

Free casino game could also be provided online. Several hotel-casino in Las Vegas have bonded together to create a free casino game online so that guests who have never played at casinos before are given the chance to practice and learn the games. Free casino game is provided for players to familiarize themselves with the games and apply this knowledge once they are playing at the casinos. Free casino games in this instance mostly do not have prizes for the winners. Another purpose for the free casino game is for fun and entertainment over the internet. It is no big secret that playing casino is huge fun and filled with excitement. How much more if it is for free? Free casino game over the internet will definitely give you loads of fun. For gamblers, free casino game
over the internet will fulfill their needs to play and win. And what makes it more appealing is there is no risk of losing money since games at free casino games are provided free of charge. Sometimes free casino games sites on the internet give away prizes and cash. But it is important that before you sign up and begin playing that free casino game make sure that the information and details you provided online are secured as this may cause some problems later on. Free casino game should not share or sell your data to others. That is one risk you need to consider before signing up for those free casino games.

Free casino game can be one great source of fun without having to shell out huge sums of money. And you will also get to win exciting prizes in some free casino game online or land-based.

Online Casino Bonuses

Online Casino Bonuses

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Types Of Online Casino Bonuses
If you’ve ever considered playing at an online casino, you should be aware that the vast majority of them offer cash bonuses as an incentive to play. While there are some generous offers out there today, being made, it’s very important that you understand how casino bonuses work and understand the terms and conditions of the offer.
The No Deposit Bonus
Some online casinos offer players free cash with no deposit required. These can be a great way to get started playing and to get a feel for the games at an online casino, but be aware of the complete terms of a no deposit bonus. In some cases the casino will require you to register a credit card to claim the free cash. This doesn’t necessarily mean they are trying to steal funds from your card. There are reputable casinos who do this as a security measure to avoid bonus abuse and players claiming multiple accounts. It also gives the casinos a better chance of weeding out the bonus hunters from more serious players. At the same time, be aware of rogue casinos and do your homework before you sign up and play at any casino. Some casinos require you to make a small deposit in order to cash out your winnings from a no deposit offer. Some online casinos also require players to make a small deposit before cashing out winnings from a no deposit offer, again due to bonus abuse of other players. Wagering requirements and game restrictions often apply to this type of bonus.
The Cashable Matching Deposit Bonus
Many internet casinos offer a percentage match bonus when players make a deposit. These are pretty self-explanatory – for a 200% bonus, for example, you would deposit $100 and the casino will add another $200 to your account. These bonuses typically range anywhere from 10-250% or more. This type of bonus almost always requires the player to wager through the deposit and bonus a certain number of times and usually only certain games count towards the wagering requirements.
The Sticky Bonus
A sticky bonus is just that – it can never be cashed out. This may sound like a bad deal at first, but actually can be a great deal for a player. You can use the “money” from the bonus account to wager as much as you like. Even though the bonus itself stays put in your casino account, you will have more money available in your account to wager longer with that much more of a chance to hit a big jackpot or build up some good winnings at a table game like blackjack. We have seen some online casinos offer sticky bonuses that have been quite generous, in some cases over $300 and more.
Wagering Requirements
Wagering requirements can be rather high at many online casinos nowadays. Some casinos require you wager as much 20 times your deposit and bonus amount or more before cashing out. There was a time that you only had to wager through your deposit and bonus once before cashing out at an online casino! Due to the high costs of this type of promotion and bonus abuse, wagering requirements have been raised considerably at virtually all online casinos.
Note that in some cases sticky bonuses carry no wagering requirements – this can be a great deal if you come across this type of promotion.
Game Restrictions
In many cases only certain games count towards the wagering requirements of the bonus offer. It’s common to see Slots play count towards the wagering requirements. Games like Blackjack and Roulette are often excluded from the wagering requirements.
Always, ALWAYS read bonus terms and conditions.
You’ve downloaded the software, you’ve signed up and created your account and logged in. you’ve made your deposit and you’re ready to play. But do you really know what you’re getting into? As you can see there are many different kinds of bonuses and you need to know the wagering requirements, games restrictions and other terms and conditions when you play. Some online casinos will simply tell you that you need to but in some cases your winnings can be forfeited if you do not follow the promotional terms to the letter. So unless you’re only there for a good time and don’t care about your winnings, knowing the terms and conditions of a bonus offer is essential. If you are comfortable with a particular casino and it’s promotional bonus offer, you might as well claim the free cash. If you’re going to play anyway, you might as well accept the free money offer.
If you aren’t comfortable with requirements of a bonus offer, pick another casino to play, or consider simply depositing without claiming a bonus. Many online casinos offer better odds and payouts than Native American casinos or even Las Vegas casinos, so often you still are getting a good deal for your money. Also, nothing can compare with the comfort and convenience of gambling at home in your pajamas.