Aussie Poker is Overtaking Other Casino Games in Popularity

Poker is a game that has a large impact all over the world, but in Australia it is the primary national pastime. Any poker talk that does not associate to Australia would mean disrespect for millions of people who play regular casino whether in brick and mortar or online casinos. Ever since gambling was nationalized in the state of NSW, poker has been a regular feature in clubs, bars and casinos all over the country.

The poker machine, also called pokies, are the most popular spectacle of all the gaming venues in the island nation. Australia purchases 30% of all the poker machines manufactured in the globe, and just last year, 80% of their population had gone gambling. And of the 80%, a large number played poker leading to a rise in gambling related problems. It is a great national pastime as the primary element of the game is luck.

Winning tournaments add to the popularity of poker

Especially that Aussie Joe Hachem won the phenomenal WSOP in 2005, poker and Australia are synonymous. His significant feat had led all the enthusiasts and players all over the world like following ducks in the water.

He inspired a handicap to know and master poker within a couple of years, enough to outplay other players in a row. Significantly, he was worthy of rave reviews and comments so that the world really believed winning souls lived inside them.

Just like the people anywhere in the world, every Australian loves Joe for inspiring determination and excellence in sporting events especially among average Aussie players.

The $60 billion in total from online players the past year, large amount are set in poker.

Experts and pros in gaming activities are foreseeing that poker will take over any online roulette in popularity.

It has already been raving gaming sites online and casinos in the land to invest on where players want money in, especially with bonuses, more tournaments coming, and cash at stake for wins.

Slot Machines of Video Poker

Since the year 1964, poker machines are seen, but video poker could not become well-liked and accepted until the year 1979 when International Game Technology (IGT) launched its electronic machine of “Draw Poker.” Video poker inserts the constituent of ability and players are offered decision-making choices that are not offered by the regular slots.

Games of video poker and slot machine look a lot similar. Both of the machines of gambling games are operated by coin and the player has to sit in front of the machine and press a button or buttons, or pull a lever to play the game. Both the machines have a hopper and when the player wins, it pays out the winning amount in coins. However, the new machines that are available now print out a ticket as a replacement for paying up with coins.

Most of the slot machines function the similar way. The player pulls a lever or pushes a button to spin a sequence of reels, which are usually three in numbers, which have images imprinted upon them. You would win when you get a certain combination’s of images arrangement with a line of pay in the center of the viewing window. The amount of payout depends on which images come up along the line of pay. There are a number of machines that have multiple lines of pay. A table or chart of pay out details informs you about the amount. The table of chart is generally placed in front of the machine, on top of or underneath the area which is containing the wheels. There is a possibility of you losing your money at a fast rate. On the other hand, the percentage of the payout is always in good terms if you put the maximum amount of bet on every “pull”

The slot machines that are used in the casinos nowadays are electronic, that is computerized, rather than mechanical. As a universal rule, reels, levers, effects of sound and other traits are present to make them look to be similar to the older, more recognizable, mechanical machines.

The slot machines that are themed have need of the maker to pay an authorization fee which usually have lesser payouts in view of the fact that the supplementary cost must be recovered. Therefore, stick with the conventional machines like the Blazing 7s, Double Diamond, and the Red, White and Blue, that reimbursement more.

As a common rule, managers of the slot machines put their most well-liked and the best in paying machines in the corners where the excitement is considerably more, like near the front entrance hall and other areas of high traffic. The most popular slots like the nickel machines are put at the back of the casino so that people have to walk to the rear to play. The machines that payback highly are also scattered throughout the casino floor.

Play Poker Games Online – Become a Millionaire

Poker games online are becoming very popular, as a matter of fact, most poker players prefer playing online as opposed to in person. Even online video poker is being played more statistically than video poker in the casino! People from all around the World are finally realizing you can do all the gambling you want in the comfort of your own home and at your own pace. No more paying for airfare, outrageous hotel fees, gas (especially at over $3.00 a gallon), food, etc… Not only that it’s nearly impossible for online poker cheating to happen and in real life at the casino it definitely can happen. Why do you think all those cameras are installed in a casino? Cheating is definitely going on and even though casino owners try everything they can to prevent it, it’s impossible. There is one solution to solve the problem though. That solution is to play online poker. Online poker has turned your average Joe into the World Series of Poker winner and the World Poker Tour Winner. Take a look at the history of the World Series of Poker and you will see that half of them came from online and over half of them won an entry into the tournament by playing online poker tournaments. Online poker tournaments, especially Sit-N-Go’s can be a great source of income if you learn the secrets behind winning them over and over again.

If you don’t know about Sit-N-Go’s, let me explain. A Sit-N-Go is basically an online poker tournament where poker chips are used at the poker table instead of real money. You only risk losing the buy-in of the tournament instead of all your bankroll. The top 3 finishers out of 9 make it to the money. Third place gets 20% of the overall prize pool, second place gets 30%, and first place gets 50%. That’s a huge jump from first to third so it is best to gun for first every time instead of playing tight just to make the money. The secret behind mastering these Sit-N-Go’s is when there is around 5 player’s left in the online poker tournament. This is where all player’s start to play tight in fear of them not making it to the money. When you get down to 5 players, You MUST start playing aggressive, stealing player’s blinds and showing them who is boss. Don’t back down to ANYONE. If you play aggressive and don’t let other player’s bully you around, you will find much more poker players respecting your game and you will also notice that they will hardly EVER bluff you again. Online poker rooms definitely give you a mixture of players that play tight, loose, aggressive, maniacs, etc…These player’s are all around the world and it gives you a good learning experience and a chance to experience what the World Series of Poker or the World Poker Tour would be like when you get to play in it one day. Stick to your game, play aggressive when there is 5 player’s or fewer left, and you will be on your way to success in the online poker world.

Which is Better – Poker Tournaments Or Cash Games?

Texas Hold ‘em poker is an exciting game that has been made known by the number of tournaments that are constantly aired on television. You can even get to see some good cash games too. Poker tournaments get you a great deal of admiration and honor for your achievements while cash games are played for entertainment and to roll in money. Both the styles have fine differences as well as their advantages and disadvantages.

In a Poker Tournament you buy-in for a precise amount of money and get a definite number of chips to play with, which however, may not coincide with the amount of buy-ins. For instance, you may play for a $5 tournament but you can get chips worth $1500. The main aim in a tournament is to climb up the pay scale and make as much money as possible. It is not only about winning; you can even make good money if you finish near the top of the leader board.

Sometimes in poker tournaments you have to team up with other players in order to eliminate an opponent. You must go for a check down, which is when a player is all in and gets multiple calls and the players who had called will check to the showdown so as to increase the chances of eliminating the all in player. You need to get the players out in order to increase your chances of winning and to go up the pay scale.

Try to eliminate the other players as fast as you can, because the sooner they are out of the game the better will get your chances of winning and earning a good profit. You can never know that the player you helped to survive by not checking down may later hit a card rush and throw you out instead. Another important factor to be kept in mind is your stack size. You need to have full control over your stack of chips because that is all that you have. You must be able to handle risks and play in pots, which you may not generally attempt. All tournament players have to concentrate well on the pot sizes and bet amounts. You have to stay ahead of the blinds in tournaments because they will grow steadily throughout the event. In case the blinds are high and you are losing on chips, you might have to go all in with a weaker hand.

As for cash games, you buy-in for an amount of money, which is the amount that you have for your play. You can top up your money and ascertain that you have enough money when you pick up a monster. Blinds do not go up in cash games, if you are playing for $1/$2, the blinds will remain where they are for the whole game. Neither do you need a check in a cash game; all that you need to do is to make as much money as you can for yourself. Do not bother about what the other players are doing because you do not have to eliminate them either.

A straddle bet in a cash game is basically buying the big blind. The player under the gun gets the first chance at every hand to increase the stakes to play. For instance, while playing $1/$2, the player under the gun can put in $4 before he gets his cards to buy the big blind and is also the last one to act before a flop. The stakes automatically go up for that hand and you will have to put in that straddle amount to call. You can even double straddle, while the next person after the straddle can re-straddle and the chain goes on in a similar fashion. The only motive behind a straddle bet is to bring in more action in to the game as there will be more people in the pot and the regular raises will also increase.

Hand strengths also change when you play for cash because you would want to make monster hands and earn good profits from them. Suited connectors are good hands; you can conceal your hand strength and with a bit of luck stack your opponents. If you happen to get short of money, you can get some more out of your pockets so as to continue your game. Cash games are not time bound nor do they have any specific rules, you can opt to play for as long or as little as you wish to play. The rules can sometimes be a damper during side games.

Although tournaments and cash games have a different strategy yet they are both a part of texas holdem poker. While cash games may not bring you all that fame and admiration but you can play the game for your contentment and also for good plays and winning sessions. The good thing about tournaments is that you know even before you begin to play, how much you will lose, you may play a $10 tournament and the most that you can lose on it is $10. However in cash games, if you have a bad session you are bound to lose a lot of money. Try playing both the forms of Texas Holdem, you will be able to play them both successfully.

Casino, Sports Betting, and Lottery – A Comparison of the House Edge

The house edge, which is the commission that a gambling agent such as a
casino, a sportsbook (bookmaker), or a lottery administrator charges, is a
yardstick that measures how a specific gambling game is fair and reasonable.

It is one of the most important factors that every player should consider whenever he/she is engaged in any type of gambling, inasmuch as it indicates how much of the money wagered goes to the gambling agent’s pocket and how much is redistributed to the winners. Indeed, a house edge cannot be zero since casinos, sportsbooks, and lottery administrators have to make some money in order to cover their expenses, and to make some profit as well. Yet, a high house edge simply means that the players are unnecessarily being ripped-off, and as a result, any gambling game with a high house edge should certainly be avoided by a
knowledgeable gambler.

In this article, we shall compare, in the simplest way
possible, the house edges of a roulette, an evens-odd betting, and a Cash 3
lottery game as representatives of the three major gambling categories.

The Equation

The easiest way to compute a house edge is to compare the actual winnings that are
paid by the respective agents to the winnings that would be paid in a
fair game or bet. A fair game or a fair bet is one in which no commission
is involved; an obvious model is a game between friends. Therefore, in
percentage form, the house edge is obtained by subtracting an actual game winning
from a fair game winning and dividing the result by the fair game winning,
finally multiplying by 100. Thus,

House Edge = [ (fair game winning – actual game winning) / fair game winning ] *
100

Roulette

Because of its simplicity and popularity, we shall consider the roulette as a
representative casino game. A European roulette wheel has grooves marked by the
numbers 0 to 36; the American wheel (also called Las Vegas wheel) has an
additional groove marked as ’00’. So, the European wheel has a total of 37
numbers, while the American wheel has 38. Internet casinos usually make available
the option to select the type of wheel the customer prefers, but the brick and
mortar casinos normally offer only one type. The winning number in a roulette
game is the number corresponding to the groove where a spinning ball lands.

Now, consider a fair game in which 38 friends are playing the roulette at home,
and each one selects a number and places a $1 bet on the number (no two or more
players wagering on the same number). When the ball is spun and lands in a
groove, the number marking that groove will be the winning number.
The person who has selected this winning number collects all the money on the
table thus making him win $37. On the other hand, if the game were conducted in
a casino, the winner would be paid only $35. The difference between the two
winnings applied in the above equation gives us the house edge of a roulette game
as

( 37 – 35 ) / 37 * 100 = 2 / 37 * 100 = 5.4%

This means that every time you spend a $100 on an offline or online casino roulette, $5.40 goes to the casino and the rest is redistributed to the winners. Evidently, there are quite a number of casino games and the house edge varies
from game to game, many of them having a house edge less than that of the
roulette. For obvious reasons, a good gambler always prefers games that have low house
edges, while the casino itself loves those games with high house edges. For example,
the house edge of craps is 1.4% which makes it one of the most preferred casino
games by the players.

Even-odds Sports Betting

Again, because of its simplicity, we shall consider an even-odds betting as a
representative of this category of gambling. By even-odds we mean that the event
(usually a sports game) has equal chances of going either way. An example is a
tennis match between two competitive players each of which has an equal chance
of winning the match.

A fair bet, in this case, is just a simple bet between two friends who just
pick one of the tennis player as winner. If these two friends wager $1 each, the
winner will collect $2, thus winning $1. If instead the bets are placed
through a sportsbook, the winner will collect only $1.91, since the odds of an
evens game at most bookies and online sportsbooks is 1.91. If you are not familiar with the
decimal representation of odds, 1.91 is the same as 10/11 in UK notation and
-110 in US odds notation. Odds of 10/11 mean that you’ll win $10 when you wager $11; and odds of -110 mean that you have to wager $110 in order
to win $100. Anyway, since the winnings paid by a sportsbook is only $0.91, the house
edge of an even-odds betting
will therefore be

( 1 – 0.91 ) / 1 * 100 = 0.09 * 100 = 9%

So, this is how sportsbooks make a living. Since several internet sportsbooks offer odds higher than 1.91 in order to lure
bettors, the house edge could be smaller than 9%, which is one of the things that the bettor should be looking for when searching for a sportsbook. On the other hand, if the bettor is
wagering on parlays the house edge would be significantly higher than 9%; for
big parlays, it could go as high as 40%.

It should be apparent by now that the gambler is better off with casino games
than sports betting. It should also be noted that while the house edge could
be a major factor to consider while selecting a gambling game, it is by no means
the only one. For instance, one should consider the fact that casino games are
mostly games of chance, while sports betting also involves a learned decision in
selecting a pick, consequently leading to a higher probability of winning a bet.

Cash 3

Depending on the state you are in, this lottery game may be known by a
different name such as Pick 3, Play 3, Daily 3, etc. In this game, the player
selects a three-digit number from 000 to 999, and plays the number as a straight
or as a box. A straight play is a prediction that the number will come exactly
as selected while a box is a prediction for the number to come in any order. For
instance, if a player selects the number 672 and plays it straight, he/she will
win if the number drawn is exactly 672. Instead, if the player plays 672 as a
box, he/she will win as long as the drawn number contains a 6, a 7 and a 2, in
any order (276, for example). Obviously, a straight game pays much more
than a box game for the same amount wagered.

Now consider 1000 friends (maybe in a club) selecting a number as a straight,
each for $1, so that all the 1000 possible numbers are covered. When the winning
number is drawn, the person who has selected that lucky number will be deemed a
winner and will cash in all the $1000 collected, so making him win $999. This is
a fair game. In the case of state lotteries, however, the winner will be paid
only $500 in most states. Some states may pay a little bit less, others may pay
a little bit more, but $500 is more or less the standard. The winner therefore
wins $499. The house edge for a Cash 3 game will therefore be

( 999 – 499 ) / 999 * 100 = 500 / 999 * 100 = 50%

This house edge applies not only to the Cash 3 game but also to all state
lottery games such as Play 4, Cash 5, Mega, Fantasy 5, Lotto, Power Ball, etc.
So, whenever you are playing the state lottery, remember that you are wagering
only half of your money on the actual lottery; the other half, you are
just giving it away. Where this other half goes is not the gambler’s concern,
since his/her main objective is to win some money in order to pay the ever
present bills, or to get out of a miserable life, or to change his/her
20-year-old car. As regards contributing to education and other noble causes,
there are other means of collecting money called taxes and charities.

Unfortunately, many states do not allow casino games, and furthermore,
sports betting is illegal in the United States. The player is therefore left
with no choice but to cross state borders in search of a casino, or more
recently, to engage in online sports betting through the several offshore
internet sportsbooks. Nowadays, there is a plethora of trustworthy online
casinos and sportsbooks operating from Canada, the UK, Antigua, Costa Rica, and
so on.

The Conclusion

As far as the house edge is concerned, it has been shown that casino games
are the best choice for the gambler. On the other end, any state lottery is a
pretty miserable game to play. Nevertheless, besides the house edge, there is
also the possibility of winning to consider.

Casino games, like lotteries are mostly games of chance; the player just
selects a number or numbers and waits to see what luck brings him/her. There is
absolutely no basis to prefer one number to others. Some people try to analyze
previously drawn numbers in order to see the trend and predict the next numbers.
This strategy may work a few times, but not always. Keep in mind that it is the
players, and not the machines, who remember the previous numbers. In short, the
possibility of winning a roulette or the lottery entirely depends on luck.

While there is little or nothing that a roulette or a lotto player can do to
initially select a possible winning number, the situation could be quite
different in the case of betting. With a lot of information and some assistance from
sports handicappers, it is possible to predict the outcome of a sports event
with more certainty than predicting a Cash 3 number.