Archive for September, 2007

September
28th 2007
Is the Grass Greener on the Other Side? Online Poker Players Consider Leaving the US

Posted under poker

Competing in online poker rooms and casinos such as Fulltiltpoker.com does not get any easier with all the effort by the government to crack down on players abilities to compete in these types of Internet-based poker rooms.  Laws and regulations aimed at making it more and more difficult to function as a gambling entity on the Internet are continuously passed all the time by the United States government in an attempt to effectively combat the online poker rooms and casinos and their ability to conduct business inside the United States.  While it is already illegal to operate an online poker room and casino such as Fulltiltpoker.com from inside the United States, even those players in the United States who wish to play at online poker rooms based in areas such as Antigua, Aruba and Costa Rica will be having a very hard time soon, as the United States government will eventually assess a 2% tax on the poker deposits that are made in online poker rooms and casinos in the form of the players bankroll.  With this precedent setting attack on the consumer s and clientele of online poker rooms and casinos, the United States government makes it clear that they are willing to focus on the end user, a previously sacrosanct target for the government lawmakers.

 

With all of this effort to restrict the players abilities to enjoy online poker rooms and casinos, it is no wonder that many players are considering leaving the United States altogether.  This might seem like a strange and counterproductive move on the part of the player, but when considering the amounts of money that players earn on a regular basis in online poker rooms and casinos such as Fulltiltpoker.com, this type of logic makes perfect sense.  Lifting the limits on the amount of money that a player can make has much to do with leaving the United States altogether, as it is the United States that has continued to levy difficult to live with regulations and restrictions, while other countries rarely follow suit, hoping to attract all of the disenchanted United States-based online poker players and gamblers.

 

As the United States becomes more and more restrictive towards online poker rooms and casinos, the international community grows more and more lenient, offering a ready outlet for players who are tired of the United States interference in their favorite online poker rooms and casinos.

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September
14th 2007
Texas Hold’em-Playing Your Bankroll for All It’s Worth

Posted under poker

In the earliest days of the game of Texas Hold’em, gaming saloons and casinos opened up across the United States in frontier towns that dotted the landscape on the rough and tumble frontier. As time passed, more and more gamblers emerged as professional Texas Hold’em poker players who participated in as many games as possible in poker tournaments and cash games across the West, marking the beginning of the very first professional poker players in America. As the concept of the professional poker player became more and more common, skilled players began to put down their advice in books and other methods of communication, in an attempt to tutor a new generation of up and coming professional players. While very few of these works survive to the modern day, they had in common a great many concepts with nearly every printed work on the subject of Texas Hold’em poker that has been produced since the early days of the sport.

Among these concepts that are so similar and universal is the golden rule of Texas Hold’em poker, that the player should always protect their bankroll. Even in the rough-and-tumble frontier towns of the old West, players were wise enough to sock away money at the local banking institution, rather than risk losing it all in a bad play or a card game gone wrong. In the modern day, this is fantastic advice, as the best way to prevent losing your bankroll is to insulate it from loss by storing it in your local banking establishment. Without exposing it to risk, there is no chance that you can lose more than what you bring to the table. This technique is pioneered and championed by all manner of professional poker players in the modern day just as it has been throughout history. Experts indicate that users should wager no more than 1% to 2% of their bankroll at any given time, and that insulation of the bankroll from wagering should occur the majority of the time, if not all the time.

While you may have seen movies where players would dramatically push in their chips and announce that they are going all in, this is simply a dramatic and attention-getting theatrical stunt that requires suspension of disbelief by the audience in order to work and has no basis in reality. Going all in should be reserved for the absolute perfect hand, and should never be utilized as a routine strategy.

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