I continue my articles about learning to master online poker at low limit stakes. In the last article I wrote about the chance of winning in a casino. So you can ask why poker is different.
In online poker you don't play against the casino, you play against other players!
That's why your chance of winning (not losing) is so different than in the case of casino games.
Some additional thoughts: Of course the casino has its revenue on this game too, but this is not a prize rather a fix or percentage fee. You can imagine this fee like a hosting fee for the game. Live casinos used to collect hourly fees but on the internet there is the so-called "rake". It means that at the end of every hand the casino gets some percentage of the prize (the pot).
Back to the point, the poker is not played against the casino it is played against other players. That's why there is no system determined in advance against which you cannot win, the chance of winning only depends on your game play and the playing style of your opponents.
So if you want to win you have to pay attention to 2 things:
The first point goes without saying but let's talk about the second. What if everybody at the table plays with the same skills? Depending on the hand one will win a bit then other will win but in the long run nobody will win. The casino will collect the rake so all of them will lose. It means that you can win if the difference of the average skills of the other players and your skills is bigger than the rake. ( Because you have to pay for the rake).
How can you win then? The two extreme cases are:
Unfortunately none of the cases seem to achieve easy, but there is no need to. It is enough if you take into consideration them at the same time. When you are a new player try to find opponents weaker than you, and if you gets a lot of experience you can try with stronger opponents.
You can say here that it is ethical to get the money of a weaker player? Well, let's see this question from another point of view. Those who read this article want to win money in the poker. So we can see this like a business. And in the business world there are competitors. And in the business world the weak will become bankrupt. A little bit cynical? Yes. But that is what the poker about.
You can find the previous article with the following name: How to master low limit Texas Holdem part 1 - Introduction
Gabriella is a successful poker player and operates her poker strategy site at Live Online Poker Game. You can find other valuable articles there.
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Washington Post - By Del Quentin Wilber Former secretary of state Colin L. Powell told jurors in the corruption trial of Sen. Ted Stevens yesterday that the powerful Alaska Republican had a "sterling" reputation among the nation's military and political leaders. Reporter's Notebook: Powell Takes the Stand for Stevens Powell says Sen. Stevens' integrity "sterling" Publ.Date : Sat, 11 Oct 2008 03:13:53 GMT Thai protest leaders released on bail, vow new rallies - AFP
AFP - BANGKOK (AFP) - Leaders of Thai anti-government protests were granted bail Friday after surrendering to police and immediately vowed new rallies, raising fears of mounting turmoil days after deadly street clashes. Video: Raw Video: Tear Gas Fired at Thai Protestors PAD leaders surrender to Thailand police Publ.Date : Fri, 10 Oct 2008 15:31:03 GMT McCain calms supporters, urges respect for Obama - Los Angeles Times
Los Angeles Times - 'NO MA'AM': Sen. John McCain takes a question from a supporter who called Democratic rival Barack Obama an Arab at a town hall meeting in Lakeville, Minn. McCain-Palin's hot rhetoric risks GOP backlash McCain Lauds and Attacks Obama in Same Day Publ.Date : Sat, 11 Oct 2008 09:04:20 GMT Morgan Stanley, Goldman May Gain Investment From US Treasury - Bloomberg
Bloomberg - By Christine Harper Oct. 11 (Bloomberg) -- Morgan Stanley and Goldman Sachs Group Inc., the biggest independent US investment banks, may reap cash infusions as part of Treasury Secretary Henry Paulson's plan to buy stakes in financial institutions, ... As Stock Falls, Morgan Looks to Japanese Bank Morgan Stanley hangs on Mitsubishi's $9bn pledge Publ.Date : Sat, 11 Oct 2008 04:30:39 GMT Mugabe Hands Ministries to His Party - New York Times
New York Times - By CELIA DUGGER JOHANNESBURG - In a step likely to lead to the collapse of a painstakingly negotiated power-sharing deal, Zimbabwe's Robert Mugabe, in office for 28 years, has unilaterally declared that his party will retain the most powerful ... Mugabe 'gives Zanu-PF key posts' Zimbabwe's Mugabe hands key ministries to his party Publ.Date : Sat, 11 Oct 2008 10:57:49 GMT Paulson Indicates Need to Purchase Bank Equity `Soon as We Can' - Bloomberg
Bloomberg - By John Brinsley and Rebecca Christie Oct. 11 (Bloomberg) -- US Treasury Secretary Henry Paulson indicated that pumping government funds into banks is a priority and said financial markets will remain volatile. US to buy shares in struggling banks Obama welcomes Paulson plan to buy equity in firms Publ.Date : Sat, 11 Oct 2008 04:21:05 GMT Palin violated ethics law, inquiry concludes - International Herald Tribune
International Herald Tribune - By Serge F. Kovaleski NEW YORK: Sarah Palin, the Republican vice-presidential candidate, abused her powers as governor of Alaska by pressuring subordinates to try to get her former brother-in-law, a state trooper, fired, according to an investigation ... Palin ethics lapse cited Alaska probe finds Palin 'abused her power' Publ.Date : Sat, 11 Oct 2008 09:58:28 GMT Earn Money At Home |
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