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Entries Tagged as 'Poker'

Poker Strategy: Cash Game

August 12th, 2007 · No Comments

Jerry Yang By Sniper, Contributing Editor to Bonusbabe.com

Although it’s the top tournament players that get the media exposure and become household names that all the young players want to emulate it’s the cash games where the real players can be found.

While it may be viewed as a challenge to take on and beat the best players in the world in most other sports, in poker cash game play to make money is the most important thing. You could be the tenth best player in the world, but if you only ever play on a table with the top 9 players you will be a loser.

Even though many people have side jobs to help support their bankroll, making sure you have enough money for the game at hand is crucial.

The general rule that most good players follow when playing a cash game is that you need at least 10 chances to win an all-in on a cash table, meaning that you must have a bankroll that can handle at least 10 buy-ins before even thinking about sitting down to play. Most of the time, I keep a bankroll that gives me at least 30 buy-ins, to ensure that I never go bust.

Omaha Hi Lo Strategy

Smart Omaha Hi/Lo players find this poker game to be one of the most beatable, for a steady low variance earn rate. The reason for this is because Omaha Hi/Lo strategy is so difficult, due to the complexities involved in calculating odds, that very few players can learn to master this game.

No Limit Hold’em Strategy

If you can’t stand playing sitting back and waiting forever for a decent hand, then No Limit Hold’em is your poker game. The structure of No Limit Hold’em allows you to play a wider selection of hands, because it doesn’t cost much to enter a pot, in comparison to how much you can win. Still, you have to be careful after the flop, because you can lose your entire stack in one hand.

Razz Strategy

Razz is like played out like Stud Hi/Lo, without the high. The goal is to get the lowest possible five card hand, with A2345 being the nuts. Suits don’t have any effect, and pairing cards hurts you, because you at least need five unique cards for a hand. Razz becomes a game of psychological warfare that revolves around figuring out what your opponents hidden cards are.

Heads Up Poker Strategy

Playing one on one will take most of the variables out of the game and let the better player shine in the long run. A strong understanding of your opponent, mixing up your playing style, and utilizing various poker tactics are key to playing successful heads up poker. You should focus heavily on game selection and going after weaker opponents when choosing a heads up cash game.

Tags: Poker

NOTICE: Bookmark Betting77.com NEW Domain For Graffiti Wall

August 6th, 2007 · No Comments

San Jose Costa Rica - As of this afternoon - Betting Odds - Graffiti Wall has been officially moved to it’s new home domain at: www.betting77.com

Here we will be able to better serve our Graffiti Wall Odds readers and expand the site into directions that will greatly enhance your betting information and abilities.

BETTING ODDS - GRAFFITI - PODCAST will remain here at this URL strictly for our week to week podcasts.

Thanking you the daily readers for your continued support

President CEO

Tommy Mac

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I’ts PAYDAY: CEO Neteller addresses Player Nation

August 2nd, 2007 · No Comments

Ron Martin, President and CEO of online payment processing company, Neteller, has taken the YouTube route. Over $40 million in withdrawals were processed during the first day, according to Martin.

Graffiti Wall Rumor Monger reports on HIS YOU TUBE ADDRESS TO THE PLAYER NATION!

He explained and apologized for his company freezing online gambling funds of US customers.

“Clearly this situation has strained the trust we have built over the years,” Martin said. He ensured it is a priority to get all funds returned.

A number of Neteller customers have acknowledged receiving wired money into their bank accounts.

In January, two co-founders of Neteller were arrested for their engagement in the online gambling industry. Last month, both plead guilty of conspiracy.

Tags: Rumor Monger · Odd Sports Links · Poker

Online Gambling: It could be over without iMEGA

August 2nd, 2007 · No Comments

poker-money

For the lucrative online gambling industry, firmly committed operators are now quietly saying to Graffiti Wall: “If iMega doesn’t come through, we might as well just pack it in”.

iMEGA is the trade organization that is currently challenging a controversial online gambling ban. The Unlawful Internet Gambling Enforcement Act - passed in October - requires banking institutions to monitor and prevent transactions for the purpose of online gambling activity in the United States.

While there is currently a move by several politicians to have the law repealed, that process could take months, assuming it happens at all. The UIGEA ordered banks to have in place an “across the board policy” demonstrating how such transactions would be monitored. The early July deadline has come and gone with little evidence of a policy change, though the banks insisted they needed more than the 270 days allotted to them.

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iMEGA’s goal is to get the court to declare the UIGEA unconstitutional and unenforceable. The group says the act violates the First Amendment’s rights to freedom of speech and commercial association as well as the Tenth Amendment’s protections of states’ rights to regulate online gambling.

“We think the law infringes on the First Amendment and Tenth Amendment rights of our members,” Edward Leyden, iMEGA’s president, told Red Herring last month. “And we also believe the government has exceeded its authority in its WTO dispute with Antigua and that too has harmed our clients.”

A Federal Judge in the state of New Jersey has assigned a hearing date of September 4 for its lawsuit.

“iMEGA is our (the online gambling industry) only hope right now and I get the sense that people don’t really understand the urgency here,” one operator, asking for anonymity, told Betting Odds - Graffiti Wall Tuesday morning. “We need this thing to work. Once the banks get involved it’s all over.”

Right now, while many of the top tier payment processors have stopped doing business with US-facing online gambling companies, the banking industry itself had not been required to abide by any ruling until after July 1. Sources close to Graffiti Wall have revealed that the banks are quietly supportive of iMEGA though not financially. The organization is now aggressively seeking donations in order to pay for court fees. A few of the online gambling establishments have helped out but not all.

“The big online poker players need to get on board here,” said one operator. “We realize that Alfonse D’Amato and the Poker Players Alliance are doing a commendable job but their efforts won’t stop the banks in the short term and it is questionable whether they will be able to do so in the long term either.”

The consequences of iMEGA losing in its effort? The big name online poker sites still catering to US players will be forced to shut down, at least to the US market. Poker Stars, Full Tilt Poker will not be able to take money in nor will they be able to make payouts.

The writing may already be on the graffiti wall.

Antigua’s Gaming Director, Ron Maginley noted that the online gambling jurisdiction of the Isle of Man recently gave notice to gaming companies that it intends to close all gaming-related accounts.

“Already, some companies here have been given notice,” Maginley said. “Under the law here, gaming companies are required to put ‘gaming’ in their names and in relation to getting accounts, certainly the local banks here are showing reluctance to offer new accounts, even to companies registered here.

Tags: Rumor Monger · Poker

Representative Dismayed Over Online Poker Community’s

August 2nd, 2007 · No Comments

online-poker

Before there was a Barney Frank immersing himself in the world of online poker and prior to Alfonse D’Amato being named Chairman of the now powerful Poker Players Alliance, there was Jim Kasper (R-Fargo, ND). Kasper was one of the first politicians to push for regulation of online poker, and was nearly successful in doing so.

His plan called for online poker websites to move to North Dakota where - aside from freezing during the harsh winters - would be able to legally operate on US soil, not to mention Chicago is only an hour away from Fargo, North Dakota by plane and Minneapolis is within a 3 hour driving distance.

Sportingbet, which at the time owned the number three online poker room, Paradise Poker (remember them?), went on record as saying they would move much of their North American facing operation to North Dakota in a heartbeat.

And while much has been made of the new Democratic government in office, it is never fair to suggest that all Republicans are against the online gambling. This is most certainly a bi-partisan issue. In fact, one of the Republican Presidential candidates, Ron Paul, has already gone on record as saying that the Unlawful Internet Gambling Enforcement Act passed in October is essentially a “ridiculous law”.

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Jim-Kasper-10

Graffiti Wall reports that Representative Jim Kasper (R-Fargo, ND) had stepped out of the limelight for a period of time, after creating a whirlwind of excitement about his 2005 legislation seeking to legalize online poker rooms in his home state of North Dakota. Graffiti Wall decided to check in with Rep. Kasper to see if there had been any developments since we had last spoken to him.

To bring those not familiar with Rep. Kasper and his beliefs about the online poker industry up to speed, Rep. Kasper was the father and prime sponsor of bills HB 1509 and HCR 3035. these bills were introduced during the 2005 North Dakota legislation session and sought to license and regulat online poker companies who would agree to re-locate to North Dakota. HB 1509 set forth the rules to regulate, license and tax the online poker rooms, and HCR 3035 was the amendment to North Dakota’s constitution that would legalize online poker.

The bill was welcomed warmly at first. The House of Representatives voted unanimously to pass both bills and the legislation moved to the Senate. Unfortunately, a letter from the Department of Justice sent to North Dakota Attorney General Wayne Stenehjem caused the bill to fail miserably in the Senate. The letter stated that these bills may be in violation of federal laws. The Senate was not convinced even after legal opinions had been from several renowned and respected attorneys.

After speaking with Rep. Kasper this week, we learned that nothing had been done with respect to the legalization of online poker during North Dakota’s 2007 legislative session. North Dakota only holds session every 2 years, so the next session will not be held until 2009. When asked, Rep. Kasper declined to divulge what plans, if any, he had for the 2009 legislative season. He prefers to keep the opposition guessing.

Rep. Kasper mentioned that the federal legislation passed earlier in the year seemingly banning online gambling really put the brakes on any of his legislative plans. While he firmly believes that legislation had more bark than bite, he realized that he would fight a nearly impossible battle by trying to push any state legislation through in 2007.

He also expressed dismay at the online poker’s industry’s lack of cohesiveness and organization. He has reached out numerous times with suggestions on what these online poker rooms can do to help legitimize themselves, and has received little, if any, response. This is shocking given the growing popularity of the online poker industry.

Because of the recent influx of political candidates supporting (either directly or indirectly) online gaming, this is good time to bring some of Rep. Kasper’s views on how to structure any future online poker legislation. He feels that this issue is strictly a states’ rights issue. This type of decision should be left up to the individual states to decide, and in no way falls under the jurisdiction of the federal government.

Rep. Kasper expressed great pleasure that there were a number of political candidates with favorable views on the legalization of online poker. He would love to get involved and assist in any way that he can. He welcomes contact from any poker organization or political candidate who would like to discuss the issues. He firmly believes that it will take a unified, cohesive effort to get any sort of legislation passed.

No matter what the federal government attempts to do, the facts remain: Poker is a $300 billion a year business in the United States alone. Federal legislation will do little to stop it. State regulation would increase the states’ coffers, allow control of underage and compulsive gambling, and create a signfiant source of employment for the U.S. economy.

Rep. Kasper called for the online poker industry to get actively involved in contacting him, and the other political candidates with favorable view on online gambling. These include presidential candidate Ron Paul (R-TX), former Senator Alphonse D’Amato, Chairman of the Poker Player’s Alliance, and Florida Congressman Robert Wexler. Poker organizations and enthusiasts need to get in touch with these individuals and show their support!

The public is overwhelmingly in favor of legalized, regulated online gaming. Do NOT let the federal government’s intimidation tactics stop you from voicing your opinions. Fight to retain the personal privacy and freedom this country was founded upon!

Rep. Kasper welcomes comments and discussion any time. He can be reached at

Phone: 701-232-6250 Fax: 701-232-0796 E-mail: jmkasper@amg-nd.com

Tags: Rumor Monger · Poker

Phil Hellmuth to Headline Aruba Tournament

July 31st, 2007 · No Comments

Phil-Hellmuth

As if guaranteeing $425,000 worth of Aruba prize packages isn’t enough of an attraction, a major online poker site today announced that 11-time WSOP bracelet winner Phil Hellmuth will be playing in Sunday, August 5th’s 50-seat Aruba Satellite.

This $500+30 online event guarantees to pay out at least 50 Aruba prize packages worth $8,500 apiece. Each package includes a $5,000+500 buy-in to the 2007 Aruba Poker Classic and an additional $3,000 for travel and accommodations.

What’s more, the player who manages to bust Hellmuth in August 5th’s tournament will win $1,000.

With 12 satellites running daily, Texas Hold’em players can win their way to Sunday’s 50-Seat Aruba Satellite for as little as $10.

The 2007 Aruba Poker Classic is happening in Aruba from September 29th to October 6th. The weeklong tournament gives online poker players the chance to celebrate their successes at the tables with poker’s best professionals and compete for a piece of an estimated $2.5 million in prize money. In 2006, Devon Miller captured the title, taking home $774,960 in cash.

black hat poker

This is no hype.

There is a perfectly legitimate reason why the Black Hat Strategies work so consistently well. It’s almost like you can’t lose when you employ these underground tactics.

Even poker professionals that you see on TV, and in the World Series of Poker are scared to death to run into players who are equipped with this knowledge. They know the power that lies behind the curtain, but you will never hear them talking about this stuff at all.

Don’t you ever wonder why some players consistently hit the final table, time and time again, while others continually suffer the bad luck of weak opponents sucking out cards on the river all the time?

There is a perfect explanation for this, and if you have been getting worked over by these reckless players who call any bet, I want to let you know…

I am going to show you how to ruthlessly punish anybody who is a horrible player.

Sure, they may win a hand or two from you, but after this week you will understand how to leverage these super weak and put tons of cash into your pocket.

Phil Hellmuth Blows Up on Poker After Dark

Matt Savage, a world-renowned tournament director, is on board to oversee UltimateBet’s signature weeklong tournament. For more information on the 2007 UltimateBet Aruba Poker Classic, visit UltimateBet.com or ArubaClassic.com.

Tags: Sports Handicapping Tips · Rumor Monger · Poker

Chuck Barris Threatened by 85-Year Old Woman

July 31st, 2007 · No Comments

Chuck-Barris

We can’t make this stuff up….The Gong Show host Chuck Barris reportedly has been threatened by an 85-year old woman and co-tenant of the uber high class Trump Plaza.

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And get this: It was the New York Law Journal that broke this story.

Barris, who claimed in his 2002 autobiography “Confessions of a Dangerous Mind” to have moonlighted as a CIA assassin while emceeing the popular 1970s TV talent show, is locked into a heated — and thus far mostly losing — legal battle with his 85-year-old co-op neighbor, Dorothea Weitzner.

Although technically a non-party to the case, Barris, 78, filed the series of complaints against Weitzner that led to the co-op board’s subsequent eviction proceedings against her.

“The first thing she ever said to me was this: ‘You better shut your door quietly or I’ll sue you,” Barris wrote in a 2003 letter to Trump Plaza’s board of directors. Weitzner’s alleged vitriol quickly escalated. “Her screaming has changed from just cursing and shouting to yelling vile obscenities and death threats.”

Barris and his wife, Mary, recorded the loud, persistent, furious, all-hours rants that they claim came through their wall. Barris’ letter to the board listed about a dozen examples, the font-size apparently increasing and decreasing to reflect the relative volume of specific diatribes.

In a 2005 letter to the board, Mr. Barris again detailed Weitzner’s threats, which included, “What you need is your head cracked open. I’ll get you, just you wait … I’ll get you, you cockroach. You faggot. Your wife’s mother’s a slut.”

Weitzner frequently accused the Barrises of spying on her apartment, as evidenced — according to Weitzner herself — by their shared use of the same venereal-disease specialist. In a deposition taken in the course of the ejectment proceedings, an attorney for Trump Plaza asked Weitzner if she threatened to slice Mr. Barris’ body part.

Barris repeatedly complained to the Trump Plaza’s board of directors. On two separate occasions, his phone calls to the police led to Weitzner’s involuntary confinement for psychiatric services, once over night and once for one month, according to documents filed by Weitzner’s attorney, solo-practitioner Kenneth J. Glassman.

Tags: Rumor Monger · Poker

California Hosts State Poker Championship

July 31st, 2007 · No Comments

California

State boasts home to last two World Series of Poker champions

Maybe it’s something in California’s water or perhaps its just the great calibre of poker played in the state, but the two most recent World Series of Poker Champions were from California… Temecula’s Dr. Jerry Yang in 2007 and Los Angeles’ Jamie Gold in 2006. So there could be no better place to see if you have what it takes to be a champion than Commerce Casino’s California State Championship this September.

Betting Odds - Graffiti Wall is proud to announce that the 2007 California State Championship at Commerce Casino, the world’s largest poker room, will feature only No Limit and Limit Hold’em tournaments when it begins Tuesday Sept. 4. The 19 events, with buy-ins ranging from $220 to $2,580 for the main event, will draw leading local players and national poker stars. The Cal State Championship is a feather in the cap of any player aspiring to be a World Poker Tour or World Series of Poker champion.

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Pasadena’s Lance Allred, a pro who had only been playing tournament poker for two years, took home a $345,470 paycheck in 2006, besting a field of 419 players, who were playing for a total of $1,016,075. El Monte’s Hieu “Tony” Ma surpassed 214 other players to claim a $384,025 paycheck in the 2006 Cal State Championship Main Event. Commerce Casino can also claim to be “The Home of Future Poker Millionaires,” as 2007 WSOP champion Jaime Gold, winner of $12 million, noted Commerce Casino as his home base, as well as Scott Lazar, of Studio City, who finished sixth in the 2005 World Series of Poker, walking away with $1.5 million.

WPT Champions who call Commerce home include Phil Laak, Tuan Le and Antonio Esfandiari. Other renowned players who have cashed-in at previous California State Poker Championships have included Chris Ferguson, Men ”The Master” Nguyen, Kathy Liebert, Chip Jett and David “The Dragon” Pham.

The 2007 edition of the Cal State Championship will feature:

- A Turbo No Limit Hold’em 6-Handed event, scheduled for Wednesday Sept. 12 - an opportunity for players to practice their Final Table skills. All tables will feature only six players, not the usual ten.

- The Ladies No Limit Hold’em tournament slated for Saturday, Sept. 15. The winner will receive a $1060 buy-in to the Ladies event at the LA Poker Classic. The victor in that event will win a $25,000 buy-in to the WPT World Championship to be held at Bellagio in April 2007.

- A guaranteed $250,000 prize pool for the $330 buy-in No Limit event on Sunday, Sept. 16.

- Two $540 buy-in Super Satellites on Friday, Sept. 21 - one at 11:30 a.m. and one at 6:30 p.m. Approximately 40 players will earn a seat at the California State Poker Championship No Limit Hold’em event beginning the next day.

- The $2,580-buy-in Grand Finale Main Event on Saturday, Sept. 22, giving one player the chance to claim the title of California State Champion. The Final Table will be played the next day, Sunday, Sept. 23, and is expected to offer a $300,000+ payday for the winner.

The events are open to anyone over the age of 21. Competitors do not need to live within the state of California. Estimated total prize pool for the full 20-days is expected to be $7 million. Please note that all starting times prior to Sept. 21 are 7 p.m., unless otherwise noted. Events with 100 or more entries will be played over two days. Day one will be played until the final table/tables. Play will resume at 9:00 p.m. the following day. Management reserves the right to alter or cancel promotion at any time. Play responsibly.

“The California State Poker Championship is a great opportunity for a West Coast poker player to establish a name,” said Cheri Dokken, Commerce Casino Tournament Director. “Winning this event says you’ve arrived. The competition is strong and the rewards ample. With the high-quality poker at the California State Championship might even be incubating the next WSOP or WPT champion.”

Event number, start date, type of game and buy-ins (with fees and s/c) are as follows: 1 - 9/4 – No Limit Hold’em, 291+9+35=$335 2 - 9/5 - Limit Hold’em, 291+9+35=$335 3 - 9/6 – No Limit Hold’em, 291+9+35=$335 4 - 9/7 – No Limit Hold’em, 485+15+45=$545 5 - 9/8 - Limit Hold’em, 485+15+45=$545 6 - 9/9 – No Limit Hold’em ($250,000 Guaranteed), 291+9+35=$335 7 - 9/10 – No Limit Hold’em Shootout, 291+9+35=$335 8 - 9/11 – No Limit Hold’em, 485+15+45=$545 9 - 9/12 - Turbo No Limit Hold’em (6 Handed), 291+9+35=$335 10- 9/13 – No Limit Hold’em, 291+9+35=$335 11- 9/14 – No Limit Hold’em Shootout, 485+15+45=$545 12- 9/15 - Ladies No Limit Hold’em, 291+9+35=$335 13- 9/16 – No Limit Hold’em ($250,000 Guaranteed), 291+9+35=$335 14- 9/17 – No Limit Hold’em, 485+15+45=$545 15- 9/18 – No Limit Hold’em ($10,000 Added), 291+9+35=$335 16- 9/19 - Limit Hold’em, 485+15+45=$545 17- 9/20 – No Limit Hold’em Shootout, 485+15+45=$545 - 9/21 - Super Satellite Day (11:30am & 6:30pm), 194+6+20=$220 18- 9/22 – No Limit Hold’em Championship (2pm Start), 2425+75+90=$2,590 9/23 - Championship Final (2pm Start)

For more tournament information, go to www.commercasino.com or call (323) 721-2100 and ask for the tournament office.

Commerce Casino, in Commerce, CA, is the largest poker casino in the world. There are more than 200 poker tables featuring just about every form of poker: Texas Hold‘em, 7-Card Stud, Omaha, Lowball, Pot Limit, Mexican Poker, Pineapple, Draw, Low-Ball and many others. Also offered are Pan and California games. Additionally, Commerce Casino will run satellite tournaments for the World Poker Tour events throughout the year, which anyone can enter.

Commerce Casino is located at 6131 East Telegraph Rd., Commerce, CA 90040, just off the Santa Ana (5) Freeway at the Washington Blvd. exit.

The phone is (323) 721-2100. For more information, go to www.commercasino.com.

Tags: Rumor Monger · Poker

Neteller Payouts: Still may be Slow to Come

July 30th, 2007 · No Comments

Neteller logo

Neteller, the decimated online gambling payment processor, has begun allowing US customers the ability to withdraw funds held since made frozen in mid-January. The company claimed a US Justice Department investigation was the reason.

Graffiti Wall Rumor Monger reports that Neteller’s Executive VP of Marketing and Sales, Dan Star tells APCW that withdrawals to US clients will be processed Monday. Mr. Star states that funds “are actually sitting in our accounts in the US and will be ready for distribution on Monday the 30th.” Dan Star also told APCW’s Jay Todd that he expects those who are requesting payment by electronic funds transfer (ACH) on Monday to have the funds in their bank account by the end of next week. Non-certified Neteller account holders are will be prompted to request funds via check.

Neteller warns that due to processing “$94 million to hundreds of thousands of US customers, it will take some time for all payments to be processed.”

It does seem highly illogical that all payments would be made by week’s end with that type of figure.

Neteller has signed on as a premium sponsor for the upcoming European i-Gaming Congress & Expo, a strong indication that the company remains committed to the online gambling sector.

Tags: Rumor Monger · Poker

Understanding Pot Odds in Online Texas Hold Em

July 29th, 2007 · No Comments

Poker money tips, graffiti wall, vegas odds

Why understanding pot odds wins you more in online Texas Hold Em

Graffiti Wall Poker Tips: If you’re not playing with an awareness of pot odds, then you will certainly become a very popular player in your poker room of choice!

A knowledge of pot odds in online Texas Hold Em alone won’t make you a World Series caliber payer, but if you’re not using this simple calculation that tells you when to call and when to fold on a questionable hand, you’ll never make as much money as you should.

Simply put, pot odds are the percentage chance you have of getting a winning card, compared to the percentage of the needed bet against the size of the pot. If you have a 20% chance of getting the card you need and your needed bet is only 10% of the size of the pot as a total, then over time, you’re going to win money making this kind of play!

The three kinds of hands, and when you need to calculate pot odds

There are three basic hand situations in Texas Hold Em.

Firstly you may get dealt a whole lot of nothing, and be very unlikely to turn that into anything of value even if you did call in. This is a clear fold situation.

The second situation occurs when you have a very strong hand, or a very likely possibility of getting “the nuts”. In this situation, calling or even raising the pot is clearly the best choice.

The third, and most common situation, occurs when you have a drawable hand, which has some potential, but needs one more finishing card. In this situation, you need to calculate the pot odds. That is to calculate what your odds are of getting the card you need for a winning hand, compared to the ratio of your bet to the total size of the pot. For example, if you determine that you have a 1:4 chance of getting a needed card, and you are calling a 10$ bet into a 90$ pot–which is a 1:10 ratio–then the decision is easy, and you should bet. If your odds ratio of winning the hand are greater than your percentage addition to the pot, then you should bet.

In this situation, you will win the hand 25% of the time, so if for example you played this situation 4 times, you would win once. Your bets would total $40 and your pot winnings would be $100, and so you are well ahead.

If the situation were reversed, and you had a 1:10 chance of getting the winning card you need, and your $10 bet compared to the size of the pot is 1:4, then if you played this out over 10 hands, you would win once, winning $40, and bet $100 in the process, a major loss.

How to determine the pot odds

You will need to do some basic math to determine your pot odds, but if you’re not playing with pot odds on your side, you’re not likely winning much money.

To determine the odds of getting the card you need, you first need to divide the number of cards in the deck that will give you an out, compared to the total number of cards. If you are looking for a heart to complete your flush, and you can see that 4 hearts have already been shown, then you know that there are 9 more hearts in the deck that will give you the winning card. What you do is divide this number of winning cards in the deck by the total number of unshown cards, and you will get your odds of winning.

You have 2 cards and there are three cards down. Out of 52 cards in the deck, there are 47 remaining that you cannot see. You know that there are 9 cards out of that 47 that will give you the winning card you need, so you simply divide 9/47 to get your ratio of about 20%. When calculating the odds, disregard any cards in your opponents hands, these are not seen, and are simply calculated as a part of the total number of unseen cards.

If you have a 1:5 chance of winning, and you need to bet 10$, then as long as the pot is at $40 (with your addition the pot will become $50) the play is sensible. A pot over $40 makes the play a smart move, and less than $40 does not make sense.

If you need an ace for an out, and there is only one ace currently shown, then you know that there are three more aces unshown, and divide 3/47 to get a ratio of about 7% and as such your bet or call needs to be 7% or less the total size of the pot to make the bet or call a good idea. If your bet is $5 for a $100 pot then this is a good play (a 5% bet is less than the 7% odds of winning) but if you need to bet $10 for a $100 pot, then your percentage addition to the pot is greater than your percentage chance of winning, and as such it is a bad play.

Use pot odds to make more money

Smart players play the odds, and pot odds are of even greater importance when playing online poker. The internet game gives you less information about your opponents, and as such you need to play with the odds to increase your winnings. Pot odds are not the only factor to success, but they are about the biggest one.

Knowing when to call on a questionable hand is what separates the men from the boys, and the decision is almost always made after factoring in the pot odds.

Pot odds take a bit of practice, but within a few games, you’ll be calculating your pot odds quickly and easily…and winning more money!

Tags: Poker