Bankroll Management: Up and Down

Without doubt, a good bankroll strategy is the most important component in what makes the machine that is the professional poker player. Money is fuel and if you do not have any fuel your poker lifestyle will just come to an abrupt halt. Modern life allows most of us the luxury of credit, and this creates the illusion that you have a never-ending supply of money. If you live this sort of lifestyle then the chances are you do not deploy good strong bankroll management skills. Here is what you need to do to address the issue. People looking at WSOP 2012 should remember this.

Firstly, you need a set number of buy-ins for each level that you play. A good rule of thumb would be to ensure you have a minimum of 30 buy-ins if you are playing No Limit Hold’em (NLHE) and a 50 buy-ins if you are playing Pot Limit Omaha (PLO). If you then lose five buy-ins at the stake it is time to move down to a lower level and start again. Anyone searching for a Betfair Poker Freeroll should bear this in mind.

Another tip concerns your age. If you are in your late teens or early twenties it is advisable to try and take as many shots as you can. As you grow older you are going to end up with more responsibilities. You are going to find a partner and maybe have children and these responsibilities do make you a little bit more cautious with your money. Caution often results in the player steadying his ship and not wanting to improve. If you take structured shots at higher levels when you are younger then you put yourself in a much better spot when your responsibilities finally come along.

Last Instalment gears up for Cheltenham tilt

Last Instalment continued his preparation for the RSA Chase at the Cheltenham Festival in March by winning on his final run before the big novice race in the Moriarty Chase at Leopardstown.

The seven-year old made it four wins from four over fences with his latest victory when going off odds-on favourite for the Grade One contest. Ridden by Davy Russell, the Philip Fenton-trained runner jumped well and made all the running to come home in front of Call The Police who was the only danger jumping the last.

Last Instalment will now head to the Cheltenham Festival where he has been supported for the RSA Chase. It is unclear at this stage whether ante-post favourite Grand Crus will take the novice route or run in the 2012 Cheltenham Gold Cup where he could come up against Long Run and Kauto Star.

If connections of Grand Crus do decide on the RSA Chase, the Betfair horse race betting suggests he is the one they all have to beat. The talented gray is unbeaten this campaign in the start of his chase career.

He started things off this campaign at Cheltenham where he generated excitement with a 10 length victory ahead of Champion Court.

His latest win was at Kempton in the Feltham Novices’ Chase where he proved himself against Silviniaco Conti and Bobs Worth. David Pipe’s seven-year old finished second at the Cheltenham Festival last season in the World Hurdle behind and again at Aintree a month later at the Grand National meeting.

However, that was the end of that rivalry with connections of Big Bucks deciding against a step up to chase company.

What’s Your Screen Name?

Maybe it is a precursor of what is to follow, but you are disappointed as soon as you open your online poker account – a pre-warning perhaps? You download the Betfair software and start to enter your private and personal details.

You reach the section where you have to select a screen name. This is an important decision and one that you know warrants a lot of thinking time. Your mind races into the future, a future where you are the online king of poker. You also need something you can remember so 11hghjj6677 goes out of the window too. Your next decision is probably like everyone else’s – you choose your nickname, and the result is also the same – someone has already taken it. http://poker.betfair.com/en/

So players generally end up with a screen name with a specific number attached at the end. You don’t realise it at that exciting period where you are opening your account, but your screen name is usually going to end up being a royal pain in the gluteus maximus. One reason is the introduction of tracking sites that collate your data. Not only do they produce accurate planning tools that work against you in the form of a Heads Up Display (HUD), but they also tell the world how good you really are.

Some site already offer players the chance to change screen names regularly, how long before screen names are about as common as a Dodo?

Post Flop: Should I Check or Bet?

You are playing poker and have found your way to the flop. The action has arrived at your doorstep – should to check or should you bet? Your first thought will be to conceal the strength of your hand but you will soon realise that this is more difficult than it sounds.

At its raw level checking is a sign of weakness, so in order to conceal the strength of your hand you need to check with strong hands as well as weak hands. This action let’s your opponent know that you are equally as likely to check with a set as you are to check with complete air. People how have made a poker download should remember this.

Some other examples of checking instead of betting is if you have hit a piece of the board but you do not think it is strong enough to gain three streets of value, or your opponent is aggressive, and you know they will bet if you check. This allows you to get an extra bet out of their bluffs if you deploy the check when playing onlinepoker.

When you arrive at the flop there are a lot more reasons to bet than there are to check. Instead of betting purely on the strength of your hand, you need to bet based on your opponent’s perception of the strength of your hand. So ace high, king high and queen high flops are good to c-bet with air because these types of boards fit well with your range and do not fit well with the calling range of your opponent.

Know when to clock off

Cash game poker and tournament poker are two entirely different beasts. In tournament poker you have a start, middle and end. In cash game poker the action never ends so unless you are Phil Laak, you need to create your own start and end, the middle will take care of itself.

When choosing what time to start it helps if you have a little bit of Intel on the game in question. Just because the tables open at 20.00 doesn’t mean you need to be knocking at the door at 19.59. You may want to start when you know the ale has had time to settle in and the table will be full of drunks. You may want to arrive smack on 20.00 because you need to secure your seat. Having the local knowledge will help you make your decision when to start a cash game. Fans of Betfair online poker should bear this in mind.

Choosing to finish a cash game is a whole different proposition. Unless you are under strict orders from the other half to be home at a certain time things can go awry. If you are winning big then you feel supremely confident and think the heater will last all night. If you are breaking even then your brain will tell you to sit put until you get a profit under your belt. If you are losing your mortgage your brain will tell you to stay put until you recover your losses. http://poker.betfair.com/en/how_to_play/

The longer you play, the more tired your brain becomes and the more likely you are to make mistakes. So it is always good practice to set yourself a set amount of hours that you are going to play and then leave when your times comes.

Always remember to clock off.

Have a Little Respect

I’m about to give you all of my money and all I’m askin’ in return; honey is to give me my profits when you get home – Aretha Franklin / Respect.

Even the great Aretha Franklin was thinking about poker as she sung the lyrics of the karaoke favourite Respect! Seriously, when you are playing poker it will pay dividends to remind yourself of the Franklin classic because respect goes a long way on the felt. Fans of betfairpoker should remember this.

It is vitally important to insert yourself into the rhythm and flow of the game and part of this ploy is to treat your opponents with respect. If you are treating your opponents with respect then you are increasing the likelihood that they will reciprocate in kind. A player who respects you is less likely to make underhanded and mean-spirited moves against you. In extreme cases they even start to show you their hands, post play, and share a lot of information about their play from their place of comfort. http://poker.betfair.com/en/promotions/choose_your_own_sign_up_bonus.php

Just because your opponent respects you, does not mean that they are going to play softer when they have a hand against you. They will play their hands has hard as the next player but they will be played with a certain mutual respect. Playing against a person who you share mutual respect simplifies matters because you know for the most part their decisions are going to be made on pure logical grounds.

We hope you can see the many benefits that you can glean from showing your opponents a little respect.

In Poker, Mistakes Are Good

Poker is a game based on a series of decisions and if you make the wrong decision you are making a mistake. Societal conditioning would have you believe that making mistakes is a bad thing. In the past when you have made mistakes your parents have shouted at you, your teachers have given you bad grades and your boss has threatened you with the sack.

As usual there is an alternative view, which is mistakes are a good thing, and this is especially true in Texas Holdem. A mistake is a trigger point. It is something in your system that has gone wrong and you now have the opportunity to analyse the mistake and introduce a step that reduces the likelihood that it will happen again. By working like this your game will improve.

The reason learning from your mistakes is so important in poker is because of the element of luck. You can play countless hours in poker tournaments and make so many mistakes and yet still be winning money. This lulls you into the false sense of security that you are a winning player.

The longer this continues the more holes you develop in your poker system. Eventually when your luck runs out those holes are exposed and you run into a whole host of trouble.

This is why mistakes are a good thing. They help keep your poker game true. The best way of getting friendly with your mistakes is to introduce review into your game. If you can consistently review your mistakes instead of the hands that lost you money, then your game will improve exponentially.

Poker mistakes – I Must Win This Hand!

One of the classic mistakes that poker players make is to concentrate too much on the here and now.

Some players simply have the belief that the game of poker is about winning every single hand. They are same players who are drawn in by attractive looking poker bonuses without considering the game they are getting into or the experience of the other players *and therefore the likelihood of them taking money off you).

The game is top heavy with male combatants so maybe it is a testosterone thing? Either way wanting to win every hand is a major leak in your game of poker.

Despite poker being a very long drawn out game there is a tendency for players to want immediacy. They want to be successful now and do not seem to have much time for the future. This wish to gain immediate results is why so many players try to win every single hand.

When learning how to play Poker one of the first things to remember is that it is a game of strategy and the strategies are formed over a period of time. The players with the patience are the players who come out on top more often than most.

There are times when you simply have to just pass your hand. The reason is simply because it is very likely that there will be a much better spot just around the corner. How many times have you lost chips in a marginal spot only to get dealt aces the following hand along with an opponent willing to spew their chips to you?

So next time you feel that need, that urgency, try to stop and think. Ask yourself, “Do I really need to win this hand right now?” Think about the longer term and think about your strategy.

Around the World

If you are a fan of both slot machines and travelling then Wagerlogic’s five –reel, twenty-pay line slot machine called Around the World may well be the slot machine for you.

The game can be found at a small selection of online casinos where it can be played for free or for real money. The denominations range from between 0.01 credits and 5.00 credits and you can win up to 30,000 credits per line bet. So the game offers some fantastic value but how does the gaming experience measure up?

If you’re a fan of sites like betfair online, then Around the World is a slot machine which is bound to keep you interested for extended periods of time, because there is just so much going on. The game has a wild symbol, scatter symbol, payback bonus feature and last but not least an Around the World Bonus Feature.

Although the game play is varied and exciting the same cannot be said for the graphics. The game screen is set against a bland brown colour and the graphics do look a little cheap. The symbols on the reels represent various landmarks around the world such as the Sydney Opera House and the Statue of Liberty, but the whole screen is lacking a bit of glitz and glamour.

The maximum payout of 30,000 credits is accrued after you have aligned five airplane symbols on an active pay-line, but there are plenty of other prizes up for grabs including a fantastic second prize of 10,000 credits should you hit five Eiffel Towers on an active pay line.

If you can live with the bland graphics, Around the World, has the ability to keep you entertained for a long time. Afterwards, why not head on the web to Betfair online slot games to check out even more great games?

MGM Resorts in Domain Name Lawsuit

If you have ever tried to purchase a domain name then you will understand that it is quite a simple process. Several entrepreneurs, including Adam Majewski, have purchased several domain names that contain references to different MGM properties and MGM are none too happy about it.

MGM Resorts International filed a lawsuit against several of these people stating that they were “cyber-squatters” and the Texan Adam Majewski is fighting back against the corporate giants. As one of the entrepreneurs who own one of these domain names, excaliburpoker.com, Majewski has filed a motion for dismissal stating that his site does not infringe upon the MGM Resorts trademark of the term “Excalibur”. Majewski is basing his argument on the fact that the name Excalibur is the name of the legendary sword recited in the King Arthur legend. In his motion Majewski cites hundreds of different company names around the world that all use the name Excalibur.

Just recently, the Nevada State Gaming Control Board began to accept applications for online poker licenses. The work was being carried out despite online gaming still not being legalised in the United States, so you couldn’t play free poker online. The brick and mortar casinos are all preparing themselves to enter the market should it be one day legalised and this is why their brand names of their resorts are very important.

MGM Resorts believe that having domain names in existence such as excaliburpoker.com could become confusing for players not knowing whether it’s something related to the famous legend or one of the top poker sites. It is believed four people and two separate companies have had lawsuits filed against them by MGM.