Poker is really a game of skill, and every decision you make is about maximizing your Expected Value or EV for short. The word “EV” will be used throughout this article and will be seen in two ways. A new player can have +EV, which is positive Expected Value or – EV, which 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, in the event that 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 and not the house. In a full 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 if you were dealt KK prior to the flop came (preflop), which everyone understands is a great hand preflop. This hand has a high possiblity to win against all the hands preflop. In the event that you played and raised “all in” with this 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, making it a +EV decision. That is an exaggerated example and playing one hand would not be the smartest idea. What you will do is play say the top 20% of hands because against somebody who plays maybe 70% of their hands, you again, will be making a +EV decision every time you play with him. It’s likely that your starting hands will have a whole lot higher probability to win. This is just scraping the top, and there is an EV attached to every decision and every situation. Many online poker sites provide starting hand charts for novices to use, which would function as simplest way to improve your EV.
In addition, there’s always variance and for a while weaker players might 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. For this reason poker is not gambling but a game of skill and understanding how to exploit your opponent’s mistakes.
Could it be safe to play internet 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 are even listed on the stock market. They permit you to play poker online free of charge or real money. Any negative publicity would affect their business so these sites often supply the best customer service. Keeping your password secure is your responsibility and if you do that, your money will 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 in the form of “rake.” This is the very small percent of the pot (usually significantly less than 1%). In poker, you’re 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 money 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 very good customer support. If you’re 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 do not require this. Overall, all three sites are incredibly safe and well known.
Many sites state “Deposit and get another $600!” Do they really double your deposit amount after depositing?
That depends on the site. poker88 give you a very small portion (around 10%) of your deposit instantly, but that’s 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 are also active. With internet poker sites such as for example Full Tilt Poker these points are achieved rapidly.
Websites on the internet will publish poker bonus codes which must be entered upon account creation. After that, the amount you earn depends upon the time you spend playing and the stakes you play at. Whenever a player reaches 400NL limit, which means 2 to 4 dollar blinds and have a good percent of wins, they are able to make up to 5K per month. This is of course in the event that you treat playing just like a job and dedicate a long time 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.