Posts Tagged ‘Rakeback’

Playing Texas Holdem Poker online- How to choose your platform

Tuesday, January 24th, 2012

If you have decided that you must play online poker, and you are on your search for a good place to play Texas Holdem Poker online, you've got a big task ahead. You won't just have to find the best poker rooms but you'll also have to look for things like rakeback and commissions in the poker rooms. Also, you will have to learn about picking the best rooms with highest chance for winning.

If you're an amateur player, you shouldn't put in your cash yet. You should not play internet poker at this time. You should spend some time learning basic abilities and strategies of Texas Holdem Poker. Once you have done that, you can try free poker rooms online. Many famous poker platforms accommodate free players. All of the beginners should spend a little time as free player so long as they begin to make some cash. You will not win World Series of Poker this way but you will definitely polish your abilities before playing with real money. After that, they can come back to this manuscript and find out how to choose your platform for playing Texas Holdem Poker on the internet.

When you want to play online and you're looking for a platform, you'll have two options, i.e. 1) you can decide to download poker software to your PC. The software will be installed in your computer permitting you to play if you need. However , you may still need the web to play online. 2) You will be ready to play poker online using web-based poker platforms. If you're serious about playing Texas Holdem Poker with the finest players around the world, look for net-based platforms. You'll also find rooms with rakeback in this case.

You can use this simple guide to find the rooms for playing online. You need to keep under consideration that not all the online rooms are born equal. Therefore , look for some reviews before signing up for any room.

With assistance from our steering videos from PokerSmarts, you'll be ready to learn poker fast. If you wonder what is rakeback, you've got the chance to find out more about it from our videos. In a similar way, you can watch videos about World Series of Poker on our YouTube channel.

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Online Poker Tips – How to Beat The Game

Monday, August 15th, 2011

All of the top players study poker away from the game. That’s how they steadily beat the games that they’re playing. Self study will make sure your game doesn’t stagnate, will help spot leaks, and will help you notice leaks in your opponent’s games. It is easily the best work you can do away from the table.

So before it’s possible to start doing hand history analysis it is important to purchase a piece of software called Holdem Manager (before you say to oneself, here’s some promotional waffle about Hold ‘em Manager, please let it be known I am in no way affiliated with this product. I wish That I was because I like it).

Hold ‘em Manager is a poker tracking application which keeps track of every hand you play on the web. It lets you then review all those hands and replay them using a hand replayer and give statistical breakdowns of equity and pot odds in those hands. It lets you study your opponents as well as your own play. It has revolutionised on line poker. It costs between $50-$80 dependent on whether you purchase the pro or newbie package, but it is well worth the money.

To begin your hand history review, you can filter on a reports tab in Holdem Manager and input all hands played after a certain time period, say over a 2 month period. You can then filter all of your hands from biggest pots lost to won.

Then start a spreadsheet or merely utilise a refill pad and note how you lost each huge pot over 30 big blinds. I guarantee you even with little understanding of poker, after you go back over a hand in a replayer you will spot the blatant mistakes simply. Note what the mistake was and move on to another big pot you lost and do it again.

Once you’ve done this you can start to group the howlers. You will start to see a pattern of where you are making similar mistakes time after time again. In my last big hand history review after a downswing I had 9 mistakes I saw taking place way too often for my liking. I then put this on a word document and printed it out and read this sheet before I sat down to play a session over the next month. At the end of the month I reviewed my hands played that month and put a line through the bad plays I had removed from my game and highlighted the ones that still stayed. I had the list reduced to one and since that point I have cut out that mistake from my game and I’m currently on a upward swing and very happy with my game.

I do really believe that once a month you must review all your hand histories of all large pots over 30 big blinds which you either won or lost to keep away those pesky downswings and your game fresh. I am hoping you enjoyed this simple but effective online poker tips advice.

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Rakeback – How Does it Work in Online Poker?

Tuesday, March 15th, 2011

If you observe the action around a Texas Hold’em table in Las Vegas you will frequently notice that some players are re-depositing funds not cashing out. Different skill levels are at play here and have some some effect on the distribution issue, but it is also important to be aware of the role the rake plays here. Rake is what is claimed by the house – represented as a percentage of the pot, and it can grow substantially.

A fixed commission from each winning pot is usually assessed by the house, along with a slidingh scale of rake up to a capped level. The house take continues to grow as the game progresses around the table. Because of this factor there is a gap between break even play and break even return. Unilizing a combination of rakeback coupled with improved play can move a scratch player from a scratch to a +EV player.

Just like the traditional “comps” systems at real world poker rooms, online poker rooms offer rakeback as a loyalty bonus for their players. The system is simple – the site automatically tracks your contribution to the rake in each pot, and those amounts can add up over time. By signing up through a rakeback site, you get a percentage of these fees back as rebates on a regular basis directly to your account or as a bonus. Generally, rakeback requires you to sign up with a partner in order to qualify for the rakeback bonuses. Importantly, while a player may not be able to qualify for the highest initial deposit bonuses, you can qualify for a variety of reload bonuses which can further reduce your rake rate over time.

Because the tracking is automated, you can usually check your rakeback on a real-time or daily basis giving you a better understanding of your continuing progress. Solid rakeback structures can be instrumental in assisting you in being a profitable player in less time and accelerating your poker earnings.

How Rebates are Earned Through Rakeback Programs

With the right signup structure the player can play the poker room and table of choice and still earn rakeback. While traditional bonuses tend to restrict play, rakeback rebates are based on the player’s monthly gross revenue (MGR) to the poker room. The result is players are able to play any type of game from stud to Omaha to Hold’em and in some cases even tournament play, all with strong returns.

Rakeback sets up a win-win for the player and the poker room. The poker rooms are providing rebates based on the revenue you generate for their tables the rebates in turn encourage site loyalty from the player. In its simplest form, rakeback represents a discount on the cost of playing online poker. Those players who count online tables as a source of income rakeback permits you to maximize overall returns.

Rakeback provides rebates on a set schedule, generally weekly or monthly, although some sites offer rebates on a more regular basis. For high volume players, special rakeback rates are available, further putting you in better position to become a +EV player and start bring home some real money from your poker experiences.

The author is a successful limit cash game player. He plays poker online and receives Absolute Rakeback and Minted Poker Rakeback.

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The Current State Of Texas Hold Em Betting Limits

Wednesday, November 10th, 2010

Even though the United States may have tried to make it seem illegal to deposit money to gamble online, (many legal scholars dispute this) poker keeps on gaining popularity through the different tournaments that are shown on television such as the World Series of Poker by ESPN. This created a problematic situation: while players claim that poker is not a game of chance, the US government decided that it is. For a few weeks back in 2006, panic erupted in the poker world as rumors spread like wild wire that this ban would stop all tournaments. But this proved to be untrue. In fact, because of the online gambling ban, the popularity of tournaments only increased. And in most of these tournaments, the favored game is Texas Hold em. The game is played with several basic betting structures.

When you find a game called according to two amounts such as one and two dollar limit, then, it means that this game will be played in accordance to the structured wagering format. Another thing to remember when entering such poker games is that you can only place four wagers each round and not one more.This style of game is referred to as structured limit. This refers to the two limits on the betting rounds you play . During the first two rounds, you bet according to the lower amount, and then you start betting according to the higher amount listed in this case two dollars.

Spread Limit Wager:Here, you are free to place wagers in a pre-set range and you don’t have to place fixed bets. When you find that the limit is within a range then it means that you have found a game that will be played according to the spread limit. Examples are games which can be played between a range of twenty to a hundred dollars. Note that such games do turn out to be expensive because some might bet according to the high limit. Another variation of the spread limit bet is to have a range of four wagers. What this means is that there is a certain amount you can bet for the round before the flop, for the round on the flop, and on the round after the flop and a certain amount for the river, however this last variation is not often played.

In a Texas Hold em game that a player sees as being labeled as pot limit, in this spot the player will encounter a game with a betting style in which bets can be made in any denomination starting from the amount of the big blind up to the total amount that is in the pot at the time. These games can build large pots and players should be aware that this could make the game quite expensive.

No Limit Betting: This is the one version that pulls in the high rollers from all over. Here, there is no limit at all on how much you wager or raise. Note that unless you are a high-roller or unless you have a tremendous amount of experience at tournaments, stay clear of such games.

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Play Poker At Doyle’s Room

Saturday, October 30th, 2010

Doyle’s Room is exclusively endorsed by Doyle Bronson. He is the victor of several World Series Poker gold bracelets. For some he is a stalwart of the game and there might even be people who have not played a hand of poker who have heard of him.

For beginners to the game of poker, Doyle’s Room gives the opportunity to play for free. This means that no deposit is required to start playing. Once the game software is downloaded the novice is able to begin playing poker more or less straight away, and with no risk. Gamers can deposit when they are ready, being able to do it in a variety of ways, as described on the website.

Some might have heard of the book from Doyle Bronson called super system. This book is a tutorial on all types of poker. Those who have not have the opportunity to read this can still get lessons from Doyle. Downloading the software will give access to tutorials and videos to help improve poker play. Those who are more veteran players might want to explore the different games on offer right away.

There are games like seven card stud and Texas Hold Em, to name a few. There are sometimes special deals for new customers so it is advisable to check the website and look around. Rake back deals are also on offer. Because of the changing nature of deals, it could be best to visit the website and find out what the current deals are.

The money charged to a player as a fee for using a poker website is called a rake. It can be a percentage figure of each hand or is sometimes a fixed sum. The money a poker site refunds to its customers is called rake back. Rake back is usually a percentage of the fees a customer has paid. The most common rake is between 25% and 40%, though in some cases it is more. If a player has paid $1,000 in rake and they have a rake back at 25% they will get back $250. It is sometimes said that Doyle’s Room offers some of the most generous rake back bonuses.

If customer service is important for a poker website then some may be impressed with the 24/7 email support provided by Doyle’s Room. It gives the player various deposit methods on top of Doyle’s Rewards loyalty scheme. Additionally, there might be the chance to play against Doyle, if he should decide to play some hands on the site.

The rookie poker player has many options once the software application has been downloaded. One such option is a tournament, which charges a one off fee, or a cash game. These games are dependent on how much money a player has, the term used for this is bankroll. The site also offers tournaments that allow entry into major poker events such as the Aussie Millions and the World Series.

Doyle’s Room really is one of those sites that may be able to fill the need of every type of poker player. If a person is after rake back, a variety of poker games or the ability to download the software and play for free, then it might be worth looking at. Others may be attracted to it additionally because it has Doyle’s name on it.

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Reading Opponents: Texas Holdem Poker Tells

Monday, September 6th, 2010

Being able to read your opponent is crucial in poker. It is what differentiates a game of skill such as poker from other games of chance such as roulette. Everybody has poker tells at the table and the more you observe, the better you will be able to read what a player is thinking and what cards they hold. Poker tells include any source of information that you can gather from an opponent including physical movement, changing and patterns of talking as well as how they move the chips around the table.

The Eyes Reading a player starts with their eyes. Watch how they view the world and you will gain insight into their thoughts. An opponent who glances at their chips immediately after seeing the flop is thinking about betting and likely has a monster. Some players will stare at their hole cards longer than normal when they have a big hand. When the flop comes down and the player stares at the flop as if staring straight through it, they have often missed.

The Hole Cards Double checking the hole cards usually means a weak hand. People don’t often double check big pairs because they remember what it was the first time. Looking away and uninterested after seeing the hole cards is a dead give away for strength. Squeezing out the second hole card sometimes means the first card seen is an ace. Checking the hole cards on a flop that is all the same suited usually implies someone doesn’t have the flush.

Patterns in Betting In poker, one thing that is often true is that strong means weak and weak means strong. Any player that forcefully shove chips into the middle looking aggressive is on a bluff. The reverse is also true.

Chip Stacks If you ever notice a player winning a large pot and stacking their chips from the last hand, they will not play the hand unless they have good cards. Tight conservative players keep neat stacks and loose aggressive players usually have unkempt stacks.

Speaking at the table If an opponent is having a conversation during a poker hand and his talk is all of the place, as if his mind is on something else, it usually means he is not too confident in his hand. This correlates to a weak poker hand. Conversely, if a player is talking smoothly while in a hand, it means he is not overly concerned about the hand he is playing. This is because he feels comfortable and usually means a big hand.

There are many poker tells. If you keep your eyes open and always watch the table, you’ll be on the right track to becoming a great player.

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Holdem Poker Hand Nicknames

Saturday, September 4th, 2010

Poker is a beautiful and unique game played by a great number of wonderful characters across the globe. Over the years, numerous nicknames for poker hands have developed, some in humour, some out of tragedy, but all as fascinating as the game itself.

The biggest hand before the flop in Holdem Poker is two Aces and subsquently this hand generates the most excitement and colourful names. Common names for two Aces are Pocket Rockets and Bullets (for obvious reasons due to their shape). They are named after several famous entities with initials starting with the letter “A” including Alan Alda, Albert Anastasia, and American Airlines. They are also known as numerous sharp objects such as the Rocky Mountains, Sticks, Teepees and Two Pips. More comical and obscure references include Squirrel (the nuts) and Batteries (Double A). Names for a single Ace include Bull, Bullet, Death Card (spades), Mastercard, One Spot, Puppy Foot (clubs), SEed, Sharp Top, Spike and Tax Card (spades).

Two kings are the second best hand preflop in holdem and are commonly known as Cowboys. Variations on this include Butchers of Baghdad (so named in reference to Saddam Hussein on the infamous Iraqi most wanted playing cards). Combinations of alliterations of KK include Krispy Kreme and King Kong (and by extension Gorillas, Gorillas in the Mist). They are referred to as Ace Magnets because an Ace always comes on the flop. A single King is also known as K-Boy, Monarch, Sergeant, Alexander (clubs), Charlemagne or Charles (hearts), David (spades), Julius Caesar or One eyed king (diamonds).

Queens often cop the short end of nicknames, partly because of the number of times they are beaten by Aces and Kings, but also through reference to homosexuality. Common polite terms include Ladies, Lovely Ladies, Calamity Jane (likely extensive of Cowboys for KK) and Snowshoes (owing to their resemblance to the original shape of snowshoes). More crude nicknames include Four T*ts, Jail-house Rock, Siegfried and Roy and B***hes.

Smaller pairs such as Jacks to Twos all have a few nicknames. Jacks are known as Hooks or Fish-hooks. Less known names include Kid Dyne-o-mite (TV show reference), Brothers, Jay Birds, John Juanda (Poker Player) and finally Colostomy Bag (Jack is slang for toilet). Two Tens are Two Dimes, TNT, Dynamite and Binary (In Binary 1010 is the equivalent of 10). Nines are known as Barbara Feldon (Get Smart- Agent 99), Phil Helmuth, Popeye and Wayne Gretzky (Hockey Player). Eights are snowmen, Piano Keys, Little Oldsmobile, Racetracks, Two Fat Ladies, Lacey, Pretzels, and Wurlitzer. A couple of Sevens are known as axes, mullets, hockey sticks or walking sticks. Two sixes are known as Boots, Cherries, or Kicks (On Route 66). A pair of Fives are Presto, Snakes or Speed Limit, while a pair of Fours are Canadian Presto, Dark Force, Darth Vader, Magnum and Sail boats. A Pair of three is either known as crabs (claw shaped like the number 3) or treys and a pair of Twos is usually Deuces, Ducks, or Quack Quack (shaped like a duck).

Other non pairing hands of notable fame include the infamous Ace and King combination known as Big Slick. Names include backronyms such as Korean Airlines and King Arthur as well as normally acronyms such as Anna Kournikova (also named because it looks good but seldom wins). Another common reference is Kalashnikov (who designed the AK47). An Ace and a Queen is known as Big Chick or Mrs Slick. Other non pairing notable hands include Jack-Four (Flat Tire – what’s a Jack for?), J6 (Rail Road – phonetics of Jacks n Sixes, Jacks n Sixes, Jacks n Sixes – Woo Woo). Ten-Deuce is known as the Doyle Brunson after he successful made two full houses and won two World Series of Poker bracelets.

The complete list of starting hand nicknames is by far more extensive than this article. Additionly there are alot of names not appropriate for everyday reading. If you have an interest in other poker starting hand nicknames I recommended search Wikipedia for an extensive list of common names and some of the stories about how they came about.

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The Origins Of Online Poker

Tuesday, August 31st, 2010

Poker is a family of various card games played by two or more player who bet on the value of their hands. Numerous versions exist with each version differing based on the number of cards dealt, specific nuances and rules, betting limitations and hand rankings.

The history of poker is the subject of debate. Around 969 AD, the Chinese emperor Mu-Tsung is reported to have played ‘domino cards’ with his wife. Egyptians in the 12th and 13th centuries had a version of playing cards. The Persians in the 16th century had a 96-card game “Ganjifa” and a 25-card version “As Nas”. An early known card game incorporating betting, hand rankings and bluffing was a German game entitled ‘Pochspiel’ popular in the 15th century. The French played a game called ‘Poque’. Both games derived from the German ‘pochen’ (‘to brag as a bluff’, ‘to knock’). Other early versions include the Renaissance game of ‘Primero’, the French game ‘Brelan’ and the English game ‘Brag’.

Irrespective of the early origins of poker, the modern day game differs significantly with focus upon unique features such as betting that do not appear in any older version. The modern origin of Poker is believe to have occurred in the mid 1700s spreading through the paddle steamers of the Mississippi River by 1800. Most likely introduced by French colonials arriving in Canada.

Initially poker was played with a reduced deck of only 20 cards including the aces, kings, queens, jacks and tens. The hand rankings were as follows: one pair, two pair, triplets, full and four of a kind. There was no concept of flushes or straights. Around the middle of the 1830s, the 52-card version of poker became gradually introduced to accommodate more than four players and to increase the potential of the newly introduced concept of the ‘flush’. In the late 1840s, ‘drawing’ a card became a popular variation as it allowed greater scope for gambling with a second round of betting. It also allowed initially poor hands to greatly improve. After the middle of the 19th century, poker spread quickly and numerous variations on the game begin to evolve into the modern forms we know today.

The modern history of poker can be attributed to a few key events over the last decades that catapulted poker into the mainstream. The first event to publicise poker is the release of the 1998 film ‘Rounders’ starring John Malkovich, Edward Norton and Matt Damon. The next key step in the history of poker is the modernisation of poker including easily accessible televised tournaments with hole card cameras including the likes of the World Series of Poker and the World Poker Tour. The final event that changed the history of poker forever is the victory of Chris Moneymaker, an unknown amateur player, in the 2003 World Series of Poker.

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Getting Started With Online Poker: A Beginner’s Guide

Tuesday, August 31st, 2010

Millions are won and lost everyday in Online Poker. It can be daunting for a new player keen to start making real money with so many bonuses and poker rooms available today.

It is easy to make lots of small mistakes when signing up to Online Poker. Often missed opportunities mean that you lose a lot of value that you could have otherwise obtained. We hope to guide you through the first stages of playing Online Poker.

1) Pick a popular poker room – The largest and most popular rooms are also the most reputable. I recommend choosing on the big three and these include Pokerstars, Full Tilt Poker and Ultimate Bet.

2) Sign up to the poker room through a reputable rakeback provider to collect a deposit bonus – Online Poker rooms offer bonuses to sign up new players. When you first sign up to a room you have the opportunity to sign up for a few financial extras including a) First Deposit Bonus b) Rakeback c) Rake Races d) Free Rolls. There are many reputable rakeback providers including Rakeback Power, Rakebrain and Raketherake. Most offers between sites are similar but check out a few and ensure you follow the sign-up instructions correctly.

3) Get used to the poker room and practice with play money – Start at the play money tables. Tweak the poker room settings to your liking and get used to buttons, sounds, and graphics. When you are comfortable with the room, it’s time to consider a real money deposit. Deposit Bonuses usually match your initial deposit i.e. Deposit $600 and get a $600 Bonus. The bonuses are slowly released after you play a certain number of hands.

4) Money and Finances – There are many deposit options available. A recommended and reputable option is Neteller. Take the time to read through different financial options. Most charge a small fee.

5) Forums and Strategies
It is time to start improving your game. Check out Two Plus Two Forums. This is the oldest poker forum on the Internet and any question you have about poker is likely to have already been answered.

6) Poker Books – There are numerous books around to improve your poker skills. I recommended starting off simple with either Doyle Brunson’s “Super System” or Dan Harrington’s “Harrington on Holdem”. There is no bad book on poker, the more you read, the more you will learn.

7) Software – I would firstly recommended Holdem Manager – A database that records all the hands you play so that you can review mistakes. It also allows you to have real time statistics about your opponents while you play. Table Ninja is a use program that allows you to use hot keys instead of clicking the buttons – Very useful if playing many tables.
8) Online Poker Training and Coaching – Numerous websites exist that offer coaching and training facilities, the most notable include Card Runners, Deuces Cracked and Poker Savvy.

9) Bonus collecting and find a poker room that suits you – Once you played enough hands at a poker room to collect the deposit bonus, it is time to move onto another room. Why not start collecting the next deposit bonus available? Eventually you should find a poker room that feels natural and the competition should be easy enough that you can make a steady profit.

10) Have fun and look after yourself – Poker is supposed to be entertaining. It can be hard on your financially and emotionally, but also very rewarding. Take the time out to relax a little and try to keep smiling.

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Rakeback And MultiTabling – Don’t Let Them Be Your Downfall

Sunday, June 27th, 2010

As poker players we have a lot of different goals when we play poker. Some of us play strictly for the fun of it. These players’ goal when they sit down at a poker table is to have a good time and share some laughs with their friends. They may have a couple of beers and a cigar and be completely happy if they walk away losing a few bucks. That’s OK as long as that’s the reason you play poker. Some of us play for money. These players’ sole purpose for playing the game of poker is to turn a profit. In reality most of us are some sort of combination of the two.

If, like me, you play strictly for the money than there are a few things that you should always be focused on. Moving up to the next limit and continually getting better at poker. If you continue to improve your game, your bankroll should continue to grow. With your increased skill and a bloated bankroll you should have no problem steadily moving up from limit to limit until you reach the big games. For online players there are some traps. I often see promising low limit poker players get caught up with focusing on the wrong things and they never make it out of the micro limits. Remember that the big money is in the big games and that’s where you want to be.

An easy trap to fall into as an online player is what I refer to as “The MultiTable Trap”. This is when a low limit player continues to add more and more tables to his daily routine instead of focusing on moving up the ladder to the real prize. Low limit grinders may find that they can beat 1/2 limit holdem for 1 big bet or more per hundred hands. They start to think about playing 6 tables at once. How about 8, 10, or 12 tables at a time. Before long they have 4 monitors hooked up to their computer and they’re playing 16 tables at once. While this may be a decent income, I guarantee you’re not improving your poker. There is very little time to think when you play this many tables and zero time to learn anything. You are playing ABC poker against very poor opposition. Your bankroll will grow and you will have the money to move up in limits before too long assuming that you can maintain your winrate with that many tables. Unfortunately your skill level will not be ready and you will find yourself back in the kiddy pool trying to recoup your losses over and over.

A similar pit fall is what I refer to as “The Rakeback Trap”. This is when a player focuses on how he can earn the most rakeback rather than trying to get better. This often involves playing too many tables or playing short handed poker. Rakeback is a great way to pad your bankroll and anyone serious about online poker has to be taking advantage of it. Just make sure that you treat rakeback as what it is. Something extra. This trap is especially tempting when you get to the 5/10 games. You can easily make a decent living playing break even poker and collecting rakeback at these levels if you play a few thousand hands per day. Focus on getting better and rakeback will simply become and after thought to what can be made in the high stakes games.

If you play poker to make money, real money, than make sure that you keep your goal in mind and remember where that real money is being made. Its being made in the big games. Not by playing 16 tables of 1/2 limit hold’em with a 30% rakeback deal.

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