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Making Money Playing Texas Hold'em
When the average Joe off the street thinks of poker, the last thing to come to their mind is a game of strategy, discipline and preparation. Instead images of guys sitting around a kitchen table smoking cigarettes drinking beer and calling out "give me four cards" are common; a game where the ability to bluff and call peoples bluffs makes you a winner.
Texas hold'em would be grouped in with games such as black jack, roulette and horse racing in an Casino. Is that true though? Is there a way to beat the game or is poker a crap shoot? Can a person make money playing texas hold'em poker or is it nothing more then a lottery?
Now that I stretched that question about as long as one could, the answer is short and sweet: Yes you can make money at texas hold'em poker. Not only is it possible to profit by playing, many people make their livings at it. That isn't to say it is easy but it is definitely possible.
The first thing you have to realize is that texas hold'em poker is not typical gambling or a "casino game". You'll find it in many casinos but there is a big distinction between the two games. In a game such as black jack or roulette you are playing against the house but in hold'em poker you are playing against the other players. The casino or house, makes it money from the rake and it doesn't matter who takes home the money. They get paid as long as the poker game continues. So what you are doing is just risking your money against someone elses in a game of skill. As you progress as a player you'll find that many people, who play regularly even, still consider it a game of luck (and that's great for you!).
What about luck though? No one knows how the cards will fall. That is true, no one can predict how the cards will be dealt. Texas hold'em poker is a game where all the information isn't available. It is incomplete game unlike checkers, chess, or reversi but that doesn't mean one can't play poker it with a degree of certainty. Math governs all things and in poker its influence is so strong that even if a player can get lucky now and then, good old numbers smacks them back to reality.
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How much money can I make at hold'em poker? That question is too general to answer. The best I can say is that it depends and give you a few stats. I forget whether it is Sklansky or Malmuth (poker experts and writers) that said this but earning about a big bet an hour is realistic in limit hold'em. So if you play a $5/10 game and play 100 hours, your expected rate is $1000. To just throw something out like that is way too general for our article. Your skill and the skill of your opponents governs how much you will make. When you play low limit hold'em poker and actually know how to play, you can make way more then that hourly rate.
When you move up in the ranks things become much harder because everyone you play with knows the same information that you do, has the same experience you do, and has read all the same books you have. This is where their numbers are about as accurate as you can get. In addition to limit holdem poker, there is pot limit, no limit and tournament play. It's also harder to say how much a person can make in these types of poker games but generally no limit and pot limit are played at a higher rate money wise then limit holdem poker so you can make more but you also risk more. Tournaments can be played too that have a nice return but be prepared to pay $10k for a buy-in if you want a chance to win the two million dollars The World Series of Poker gives for first place prize!
Texas hold'em poker and other Casino games where one plays other non-casino players can be beaten. Remember that when everyone thinks hold'em is gambling, and that luck plays the biggest role in whether they win or lose, you have found some great people to sit down with. As you learn more about how the game of texas hold'em poker is played, you will see there is big difference between a seasoned professional and a new player
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3 Quick Tips to Help You Play Online Poker Like a Pro
Online poker has exploded in popularity. More and more players are winning big money in tournaments and other money games. In order to win, you have to play like a pro. The best players are educated on all aspects of poker. These three tips should help your poker game improve vastly.
1. Don't be afraid to commit to the pot. When you have a very good hand, you should always bet a fairly large amount. You can try to draw players into the hand with slowly increasing bets. If you make a large bet, and a player re-raises you, don't be afraid to call. Some players attempt to scare others off by re-raising. If you know that you have a solid hand, then don't be scared off by a re-raise. Committing to the pot is not bad when you know you have a solid hand. Someone who folds a good hand because of a raise is generally just throwing his or her money away. The best players play with a significant amount of confidence. Confidence is shown when you stay in a hand that you know you have a good chance at winning. In the end, poker is still a game of chance. The players who are willing to take chances (when they have a reasonably solid hand, of course) have the most success.
2. Avoid underbetting the pot. This goes along the same lines as "commit to the pot." If you simply bet a small amount after every turn, then more players will be inclined to stay in. This increases the chances of someone hitting cards and beating you. The ideal betting scenario for someone with a good hand is to bet just enough to keep one person in. Or, if it is one on one, bet high enough to scare people off. This again relates to confidence. The best players are confident in their hands, so they don't worry about betting too much. Tentative players may last longer than players who bet a lot in the beginning, but the winners are those who know exactly when to be tentative and when to be aggressive.
3. Know what to do with a draw. If you have a draw (you need one more card to have an awesome hand), you have to be very careful. For example, needing only one more card in order to have a flush is very nice, but many players get over excited. Players sometimes bet extremely high in these instances and then end up losing the hand. It is important to know what to do in case of a draw. You should either check or bet small. The only time you should bet high is if you think that the other player does not have anything.
It is difficult to win consistently in online poker. There is always new competition, and lady luck will not always be on your side. However, the pros always play smart poker, and make good decisions. These tips should help you make better decisions and have greater success with your poker game