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 undoubtedly 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 isn’t 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 run, if you played typical gambling games 1000 times, the casino would always find yourself winning by about 5.49%. As you can plainly see these kind of gambling games come in favor of the home. Poker pits you against other players rather than 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 many other players playing worse (making -EV decisions) than you.
A simple example would be in the event that you were dealt KK before the flop came (preflop), which everyone understands is an effective hand preflop. This hand includes a high chance to win against all other hands preflop. In the event that you played and raised “all in” with this hand against a player who played and called every all in, you would 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 would not be the smartest idea. What you would do is play say the very best 20% of hands because against someone who plays maybe 70% of their hands, you again, will undoubtedly be making a +EV decision every time you play with him. It’s likely your starting hands will have a whole lot higher probability to win. That is just scraping the top, and there’s an EV attached to 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 is always variance and in the short term weaker players could easily get lucky, but that’s also what attracts them another and keep playing. In the long run, a good player who always makes +EV decisions will always end up 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 once. Major sites like Full Tilt Poker run advertisements on it and the web and are even listed on the currency markets. They let you play poker online free of charge or real money. Any negative publicity would affect their business so these sites often provide the best customer service. Keeping your password secure is your responsibility and if you do that, your money will undoubtedly be safe. Online poker sites have no incentive to cheat when dealing hands since they desire to be extremely fair so you continue steadily to play, that allows them to earn their income by means of “rake.” This is a very small percent of the pot (usually significantly less than 1%). In poker, you are playing against the other players, and not the home.
Obviously if the poker site seems shady, you haven’t heard of it, they don’t advertise on TV or the net and there aren’t members playing frequently – you wouldn’t be depositing your cash there!!! With that said, most 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, a lot of freeroll tournaments and have very good customer support. If you are a beginner you need to play at Full Tilt Poker or Pokerstars when you start. Other sites like Party Poker call you up after you sign up and require some type of id verification to activate your account. Some people may like this extra security, and can certainly go that route. Full Tilt Poker and Pokerstars usually do not require this. Overall, all three sites are incredibly safe and popular.
Many sites state “Deposit and obtain another $600!” Do they really double your deposit amount after depositing?
That depends on the site. Some sites give 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 a certain amount of player points, they will give you 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 very quickly.
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. When a player reaches 400NL limit, which means 2 to 4 dollar blinds and have an excellent percent of wins, they can make up to 5K per month. poker88 is of course in the event that you treat playing such as a job and dedicate several hours each day to playing. Ultimately job freedom and the lure of easy money that’s just a click away, is what draws so many people to online poker.