Tag Archives: online poker

Online Poker 101: First Lesson, Understanding The Importance Of Time In Online Poker Tournaments (Page 1 of 4)

This is the first lesson in a series of poker technique articles designed to improve online poker players. This article focuses on time as it relates to online poker tournament play. It also explains why taking appropriate actions based on time, is the key for long term success, and increased online poker tournament winnings.

The phenomenon of online poker continues to baffle media experts who continue to expect poker play in general to be a passing fad. For those millions of people worldwide who have played poker or discovered poker within the last decade, it comes as no surprise that this game continues to build explosive and long term stable growth. The reasons are actually quite simple. The game of poker is fun, exciting, challenging and the basic concepts are easy for anyone to learn. These fundamental concepts build the basis for growth, but it’s the extremely lucrative aspect of tournament poker that continues to fuel poker’s explosive growth. With online poker sites offering tournaments ranging in size from $100 to One Million Dollar Guarantees, anyone anywhere can earn a life changing amount of money from a strong finish in only a single tournament. A first place finish in some of the largest online tournaments today can pay upwards of Six Hundred Thousand Dollars or more. While people who place in tenth, twentieth, or thirtieth place, for example can still earn $5,000 to $50,000 for their success. Buy ins for these tournaments can start from as little as $2 for some satellites. It’s the access to this income, and the knowledge that anyone can master this game, that draws millions of people worldwide to online poker. For more information on the Full Tilt Poker One Million Dollar Guaranteed Tournament, or $600 Free Full Tilt Poker Bonus Cash, visit FullTiltGlobal.com.

In order to have the greatest success in terms of wins, and winnings, players need to commit to learning the concepts of tournament play. Reading poker articles like these can improve your poker skills over time, as you master and utilize one concept at a time.

Lesson One: Understanding Time During Tournament Play & Acting Accordingly

Online poker tournaments transpire very similarly to life in general. When we are born, it is very important to protect a newborn child to it’s surroundings. Many times babies are kept at the hospital for several days before being allowed to go home with their families. Over the first few years of life, the routine is quite simple. Focus on the basics. Proper nutrition, sleeping, and protection. After a few years of protection, the newborn has grown into a child who must begin to learn routines. Parents begin to give up control and protection, allowing the child to go to school, camps, church – generally the child begins to participate in activities designed to build equity in the child – helping it to grow. Parents still preach protection – “Don’t talk to strangers,” “Look both ways before you cross the street”. The idea is to allow the child to begin to take small risks, as inevitably life is full of risks. But parents continue to protect, and preach use of good judgement. By the time several more years pass, the child has grown into an adult capable of making decisions, and taking larger risks in life. Those larger decisions could be when to get married, what career to follow, and others. Eventually as adulthood years continue, income increases, and ideally, an adult creates equity in themselves, building a substancial and healthy life for their retiring age. During the earning years it is important to take intelligent risks, where income is the result. Whether through education, investing, or through business startups, it is the sum of these risk taking decisions that determine our financial health in life. Additionally, timing of these decisions can be the key to everything. Once a sufficient sum can be counted on for retirement, it is safe to move this sum to less risky investments long term. Taking risks are avoided early in life, and late in life, while encouraged and necessary, in the middle.

Online Poker vs Real Life Poker. How to Become A Poker Star (Page 1 of 2)

There are many differences between online poker, casino poker, and home games. In a home game you might just play strictly with cash. It can make you stop and think before you call a $15 raise and have to physically put three more $5 bills into a pot just to see one card that may not even help your hand. In real life at the casino and sometimes at a home game, you usually have to buy chips with real hard cash. There is a certain shift that occurs when this happens.

It is psychologically easier to throw three $5 chips into a pot than three $5 bills. Chips make counting and stacking a lot easier but they also disassociate you from real hard cash. Real money can once again become clear for a brief time as soon as you have to buy more chips with real hard cash. It always makes you think when you have to reach into your pocket or purse and grab your wallet.

In an online casino, it’s usually just a matter of using a credit card or sending a money order/wire transfer to the online casino to get your virtual bankroll started. There are no real chips, just icons that represent chips, which are in fact virtual numbers. You must have an even greater discipline to respect your money in this scenario.

Time

In fact, you don’t even have to push the chips onto the table to make a bet, call a raise, etc. etc. All you do is click a mouse button and you’re done. It can be done so fast that if you don’t take a breath; it’s easy to have your judgment thrown off by emotion.

Your play is magnified on an internet casino. One main reason is that the cards and hands are played so much faster. There is very little physical movement, as all you have to do is point and click the mouse. It literally takes seconds. In real life there is the physical motion of picking chips up, counting chips, and placing them in the appropriate place.

This all takes additional time and fortunately can help you when having to make a decision. There is no real dealer in online poker other than an icon representing a dealer. That means no tipping. At a $1 or $2 tip per win, this can save your bankroll a lot of money.

The rake still exists and actually varies depending on the online casino you choose to play at. The rake should be considered because after all said and done if you break-even while playing, the rake would eventually take all of your money over time.

When there is a rake involved in poker it is your responsibility to find and play with players that you are better than. A home game is the only exception as there typically is no rake. If you’re in a heads up game online and your opponent is almost equal to you in playing ability, then you are both going to break even most of the time with each other, and find your bankroll slipping away to the houses rake.

On average, an online poker game will move three times as fast as a real casino. That means your weaknesses will be magnified three times. That means the rake is three times as much. Of course you’re still getting three times as many hands for your money. For some players however, this can be catastrophic. What seems like hours for someone to call a raise may in reality only take seconds in online poker.