Tips from one of the best. This is part 1 of 3:
from GamingAlerts.co.uk:
US online poker players will be rejoicing after a new ruling from a Pennsylvanian Judge has deemed Texas Hold’em, the popular poker game, is not gambling and so not illegal.
The ruling came after Judge Thomas A James Jr stated that the game known as Texas Hold’em was considered to be more a game of skill and not chance and so did not constitute as gambling.
The case involved a man who ran a $1 – $2 no Texas Hold’em poker game in his garage. He was acquitted of all 20 charges against him and the games dealer. Judge James explained that, “the dominant factor test that is applied to games of skill can also be applied to poker.”
Citing a study which showed that expert poker players did not rely on the cards they were dealt or those that flopped but instead, used their skills to minimise their losses on bad hands and also to maximise their winnings on big hands.
Poker Players Alliance Executive Director John Pappas, told Poker News Daily, “Clearly the judge had an understanding of how poker is played….the decision sets an excellent bar for us in the future.”
thats a lot of cash… from mlive.com:
There’s now a World Series of Poker record out there that even Phil Hellmuth can’t break, although it used to be his anyway.
With his heads-up victory over Russian Ivan Demidov early Tuesday, Denmark’s Peter Eastgate became the youngest main event champion in history at 22 years old.
The 11-time WSOP bracelet winner Hellmuth won the main event in 1989 when he was 24. In addition to his first WSOP bracelet, Eastgate pocketed $9.1 million.
For his runner-up finish — one spot better than he ended up at the WSOP Europe main event — Demidov earned $5.8 million. Here’s how the rest of the final table broke down:
3. Dennis Phillips — $4,517,773
4. Ylon Schwartz — $ 3,774,974
5. Scott Montgomery — $ 3,096,768
6. Darus Suharto — $ 2,418,562
7. David “Chino” Rheem — $ 1,772,650
8. Kelly Kim — $1,288,217
9. Craig Marquis — $ 900,670
Here’s a nice quick preview of the upcoming 2008 World Series of Poker from GamingAlerts.co.uk:
The WSOP represents the largest and most prestigious land based poker tournament in the world. The final 9 players will be desperate to get their hands on the huge jackpot prize of $9.1 million.
The event will be history in the making and making one player extremely rich. This year’s main event tournament took place in September, in Las Vegas. Thousands turned up with their chips and after several days of dealing cards the field has been whittled down to the November 9.
Due to TV scheduling and promotional factors the main event was decided to be played in November. This has allowed TV coverage to create hype and build up excitement surrounding the event. Players have also had three months to get as much practice in as possible, and now the wait is almost over!
None of the finalists have won a WSOP title to date and chip leader, Dennis Phillips holds an impressive lead over his rivals with around 38 million chips. Phillips has only won just over $4,000 in winnings since he began playing professional poker, and the man from Texas leads the pack going into the main event final.
Many consider Peter Eastgate as favourite to earn the precious WSOP bracelet. The 22 year old Dan has been extremely impressive in recent years and is tipped to be the youngest ever main event winner.
David “Chino” Rheem is arguably the most famous players out of the November 9 therefore making him one of the favourites the exit early. Rheem is likely to have been studied in depth by fellow players and is the most feared.
What ever takes place in 5 days time, it will make history and be watched by million around the globe. Make sure you visit us again for more online poker news
Here’s some basic strategy for becoming a better online poker player, from PokerQuiz.org:
Catch up on the latest in Poker news from the good people at CardPlayer.com:
This is nuts:
Here’s a good interview with Doyle Brunson from PokerSuperstars:
Here is a great article outlining some tips and strategies for winning at Internet poker from Highroller-Rakeback.com:
Online poker playing has become a favorite past time for many people around the world. The game of online poker is rapidly gaining popularity, and there are thousands of players on most of the major websites at any given time during the day and night. Becoming successful at online poker can also be financially rewarding for many players. To do this, you have to have a good strategy for the game. Several players run into games with no real plan in their head, and not really focused, and many will end up losing their shirts. There are several known errors that online poker players make that could easily be avoided by a good strategy before the game is begun.
One common mistake many online poker players make is that they are afraid to switch tables when needed. If you constantly play at the same table with the same opponents, they are going to learn to read your hands, your bluffs, and will be much harder for you to defeat. Experienced poker players will observe their opponents and pick up on their habits and quirks, giving them a winning advantage. They will also learn your betting habits and be better able to counter you. Staying at one table does give you the advantage of knowing your opponents better, but it is important to keep in mind that while you are learning other players, they are doing the same to you.
One of the most important things to keep in mind in any poker game is that you need to manage your money. Before you ever play, you should have a budgeted amount of disposable income that you can afford to wager, and not allow yourself to go beyond that amount during the game. Disposable income is any money that is left over once all of your other obligations have been met, food, mortgage, utilities, etc. You should also consider your poker playing ability as well when you are setting your betting limit. If you are a fairly new player, you should probably set lower limits, because you are more likely to lose your money than more experienced players. You also have to consider how much risk you want to take, playing in low limit games is pretty safe, but the higher limit games are very risky as these are usually more experienced players and play more aggressively because they place large bets. The best players are always aware of their bankroll and their limits.
Many online poker players are leery of poker tournaments. Players who regularly participate in tournaments however, will tell you that they can be the most fun and a lot of times, the most profitable for the winners. As with any poker game, luck does factor into your success, but luck does not account for skill. If you are considering playing in online poker tournaments, you need to be aware of the buy-in amount, and keep in mind that is money that you may well lose. New players to online poker tournaments will often lose their money quickly, so keep this in mind when you are playing the game and placing your bets. There are also numerous resources that can give you tips and tricks for being successful in online poker tournaments, a little research often will go a long way.
If you are going to be a serious online poker player, it is important that you know when to quit. It is hard for many players to understand this concept. Many players will play and play until they run so far into the red, they create financial problems for themselves and their families. They start to lose, and think they will play one more game to get the money back they lost, and they just continue to lose. By this point, their game is affected, because they are losing their focus, and usually will end up going on tilt, which will make the losing cycle that much harder to break. It is important to recognize that even the best players are human and have good days and bad days at the tables. Great players understand this, and when they see themselves begin a losing streak, or having a bad day, they know it is time to call it quits and come back to play another day. Learning to walk away at the right times, can save you quite a bit of financial hardship. You will find that you are better able to enjoy the game once you learn this valuable skill.
Playing online poker can be a very enjoyable experience, and also can be very profitable. The most important thing that players need to remember is just to play smart. Stay focused on the game, know what your limits are and stay within those. Learn how to manage your money wisely, and know when it is time to walk away. Keeping these things in mind, should help you become a better player.
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