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Omaha Poker - The next craze next to Texas Hold Em - Learn to play Omaha

2005-11-10T17:22:00.000-08:00

CelebPoker.com Deals Out the Best Omaha Poker Action Online with New Updated Poker Room

Omaha Poker is one of the fastest growing games being played online and in card tables all over the world. CelebPoker.com is ahead of the curve and has released a fast paced and exciting addition to their poker room -- Omaha Poker at all levels and limits.

(PRWEB) November 8, 2005 -- The new and improved CelebPoker.com is offering players the option of getting in on a game of Omaha at many different levels of play. Omaha is a derivative of the ever popular game Texas Hold’em only with two extra cards being dealt to each player before the flop. CelebPoker.com has upped the speed and consistency of its games and is now giving players a chance to play and/or learn Omaha poker.

How to Play:

Omaha Poker is a game derived from the popular Texas Hold’em. In Omaha poker, players play with a dealer button just like on Hold’em. Before the game begins the player immediately to the right of the button posts the "small blind", typically half a small bet (for example, $1 in a $2/$4 Omaha game). The player immediately clockwise the small blind posts the "big blind", which is always a full small bet ($2 in a $2/$4 Omaha game). Now, each player receives his or her four hole cards. Betting action begins around the table, starting with the player immediately to the left the big blind.

Next, just like in Hold’Em, the "flop" is dealt face-up on the board. The flop is the first three community cards available to all active players. Play begins with the active player immediately clockwise the button. All bets and raises occur in small bets (increments of $2 in a $2/$4 game).

When betting action is completed for the flop round, the "turn" is dealt face-up on the board. The turn is the fourth community card in an Omaha game. Play begins with the active player immediately clockwise the button. On this round of Omaha, betting doubles from the small bet to the big bet. In a $2/$4 game, betting on the turn is done in $4 increments.

When betting action is completed for the turn round, the "river" is dealt face-up on the board. The river is the fifth and final community card in Omaha poker. Betting begins with the active player immediately clockwise the button.

If there is more than one remaining player when the final betting round is complete, the last bettor or raiser shows his or her cards. If there was no bet on the final round, the player immediately clockwise the button shows his or her cards. The player with the best five-card hand wins the pot. In Omaha poker, players must use two and only two of their four hole poker cards in combination with three of the cards from the board. In the event of identical hands, the pot will be equally divided between the players with the best hands.

To find out more visit http://www.celebpoker.com

Titan Poker offering big payouts to lucky poker players

2005-11-09T15:35:00.000-08:00

Get your seat on the world poker tour at Titan Poker Today!

Poker Jackpot Grows Like Lotto Nov 9, 2005

It seems that some poker sites may have stumbled upon a winning combination: take poker tournaments and add in an element of lotto jackpots to spice things up. This is what Titan Poker, a relative newcomer to the world of online poker rooms, is doing with a few of their tournament offerings.

The Maui progressive Sit N Go tournament, for example, offers a $15,000 jackpot if a single player wins a number of consecutive tournaments. So there is effort and skill required, unlike winning the lottery (unless one considers picking the lucky numbers an effort.) The lotto jackpot portion comes in the way the jackpot keeps growing week by week until someone “hits” it by winning the right number of consecutive events.

Titan Poker is claiming to offer $1 million dollars a month in prizes, and with events like the Maui and the Rio progressive tournaments, it might be possible. The Fort Knox Jackpot Sit N Go Tournaments are the latest offering, with a grand prize of $100,000 to the player who can win six events in a row, on top of the prizes for the individual events.

Relevant Links

Titan Poker

Basic Poker Strategy

2005-11-07T20:58:00.000-08:00

Poker Strategy 101

(JND) - There are several excellent books on Poker Strategy, and this article will only attempt to deal with the basics that must be mastered by the beginner. A list of articles on the material summarized here appears below.

Hand strength:
Once a player has mastered the rank of hands, it is more important to realize their relative strength at a poker table. Approximately half the five-card hands in any given game will be less than a pair of twos, but only about one-fourth of five-card hands in the long run will be better than a pair of Aces. A full house is such a good hand that it is far more likely to be the best hand on the table than a 7 high (the lowest possible hand) is to be the lowest hand at a given table.

One mistake made by many beginners is to bet hands that are unlikely to win in the showdown, hoping that they will eventually improve. In the long run, this is a losing strategy against experienced players. For example, in draw poker, any hand less than a pair should generally be folded at the earliest opportunity. In other games, such as Texas Hold 'Em where only two cards are dealt before the betting round, unmatched combinations of low cards are unlikely to result in a winning hand.

Improvement and pot odds:
Athough improvement is possible with virtually every hand, most beginners forget that players with better hands may also improve their hands on the draw, and that in the long run the player with the better hand before a draw is likely to have the better hand after the draw as well. Generally, if you have reason to believe that your opponent has a better hand than you at any given point of a betting round, the appropriate action is to fold. However, if the money in the pot is large compared to the bet required to stay in (the "pot odds"), a call is possible. This is particularly the case when a player is attempting to fill a straight or flush. However, the approximate odds of filling an outside straight on the next draw is about 6-1, and the odds of similarly filling a flush is about 5-1. As such, calling is not recommended if the money that could be won gives a lesser payout on the bet.

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One bet made by beginners that rarely pays off is to fill an "inside straight" - a straight with one of the middle cards missing. The odds against filling such a straight on a single draw are roughly 13-1 against and should not be considered unless the pot odds are particularly good.

Bluffing:
Beginners, even talented beginners, see bluffing as a way to "buy" the pot. However, bluffing seldom works against poor players (who tend to overestimate the strength of their hand to begin with) and does not work for long against expert players if a player bluffs too frequently. Although all players should bluff occasionally to make their large bets on good hands look less credible, consistent and constant bluffing generally leads to large losses.

Position play:
Generally, players who have to bet first need stronger hands to open the betting than players who bet later. This is because the raw odds of a better hand being on the table increase based on the number of players who have not had the opportunity to bet. For example, in a six-player game of draw poker, it is recommended that a player check in the first betting position unless they have at least a pair of aces. However, the last player to bet (the dealer) may open the betting if no-one else has spoken with as little as a pair of twos. One expert Hold 'Em player recommends folding if you are the first player to the left of the blind unless you have the strength to raise

Partypoker to deal its 3 billionth hand

2005-11-06T19:20:00.000-08:00

Get your party poker bonus - 20% up to $100 - Join the worlds largest online poker room today!!!

Party Poker to Deal 3 hand number 3 billion
(PRLEAP.COM) Any minute now, the 3 billionth hand will be played at PartyPoker!
To celebrate this landmark, we’re rewarding many players with special jackpots and the chance to become a millionaire.

These will be followed by amazing $20,000 freeroll tournaments played an hour after the jackpots have been awarded. All real money players are eligible for the freeroll. Be fast since registration will be on a first come first served basis

To win the jackpots, all you have to do is play the following lucky hands:

2,955,000,000
2,960,000,000
2,965,000,000
2,970,000,000
2,975,000,000
2,980,000,000
2,985,000,000
2,990,000,000
2,995,000,000
3,000,000,000

The winner of the hand receives 50% of the jackpot, and the rest of the table will share the remaining 50%.

If a royal flush is dealt on one of the lucky 10 hands, the winner of that hand gets $1 million!

All players who are dealt cards during these hands will be rewarded according to the table they’re playing on when the jackpot is awarded.

Players who are dealt cards during one of the lucky 10 hands, playing either $3/$6 limit tables or higher, or $100 NL/$100 PL tables or higher, will share the following, according to the hand they hit:

2,955,000,000:
Table shares $10,000
2,960,000,000:
Table shares $12,500
2,965,000,000:
Table shares $25,000
2,970,000,000:
Table shares $27,500
2,975,000,000:
Table shares $30,000
2,980,000,000:
Table shares $32,500
2,985,000,000:
Table shares $37,500
2,990,000,000:
Table shares $50,000
2,995,000,000:
Table shares $75,000
3,000,000,000:
Table shares $200,000

Players who are dealt cards during one of the lucky 10 hands, playing either $2/$4 limit tables or lower, or $50NL/$50PL or lower and those playing tournaments will share:

2,955,000,000:
Table shares $6000
2,960,000,000:
Table shares $7500
2,965,000,000:
Table shares $15,000
2,970,000,000:
Table shares $16,500
2,975,000,000:
Table shares $18,000
2,980,000,000:
Table shares $19,500
2,985,000,000:
Table shares $22,500
2,990,000,000:
Table shares $30,000
2,995,000,000:
Table shares $45,000
3,000,000,000:
Table shares $120,000

Players who are dealt cards during a freeroll with one of the lucky 10 hands will be awarded:

2,955,000,000:
Table shares $500
2,960,000,000:
Table shares $625
2,965,000,000:
Table shares $1250
2,970,000,000:
Table shares $1375
2,975,000,000:
Table shares $1500
2,980,000,000:
Table shares $1625
2,985,000,000:
Table shares $1875
2,990,000,000:
Table shares $2500
2,995,000,000:
Table shares $3750
3,000,000,000:
Table shares $10000

The $20,000 freerolls:
Each $20,000 freeroll will start in the hour after a jackpot has been hit, e.g. if a lucky hand is dealt at 1:32 p.m., the freeroll will start at 3:00 p.m.

The freerolls will be open to all real money players, and registration will be on a first come first served basis.

Winners will have the money added to their account within 48 hours

1. The winner of the hand is determined by the best hand, regardless of sidepots or all-ins. At the showdown, the best hand shown will win 50%. In the case of tied hands, the players with the tied high hands will split the 50%, with the remaining 50% split between the other active players. If only three players were dealt into the hand, all three players will split the jackpot evenly.

2. For the royal flush jackpot a player must use at least one hole card from his hand. A royal flush on the board will not count.

Please visit www.partypoker.com to sign get in on the action.

World Poker Tour adds a new poker to its 16 event schedule. The Borgata Winter Poker Open!

2005-11-06T18:31:00.000-08:00

World Poker Tour Announces Seventeenth Tournament

Responding to the constantly changing face of the poker world, the World Poker Tour has added another event to the 2005-2006 schedule. As the Tour has continued to see the phenomenal growth of poker continue on into its Fourth Season, the WPT feels that it is time to add another event to the list of tournaments that are already being vied for. The sixteen event schedule has been joined by the Borgata Winter Poker Open, to be played at the Borgata in Atlantic City, NJ, from January 20th through February 1st.

The Borgata Winter Poker Open will be primarily a No-Limit Hold 'Em event. Buy-ins for the tournaments will range from $500 to $2,500 and there will be a $500 Limit Event and a $300 Ladies' No-Limit event held during the tournament's twelve day run. Everything will be capped off, of course, by the $9,700 (plus $300) WPT Championship event that will start on January 29th.

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The first stop the World Poker Tour made at the Borgata in September was a rousing success. Five hundred fifteen players stepped to the felt during the Championship Event, which was won by New Jersey poker veteran Al Ardebili. Additionally, with only two stops on the East Coast by the World Poker Tour (the September Borgata tournament and the World Poker Finals at Foxwoods in Connecticut), it adds another eastern stop for the premiere poker tour and an additional chance for the poker players that aren't in the poker hotspots of Las Vegas and California another opportunity to earn their way into the WPT Championship in April 2006.

The additional stop will put a tremendous strain on the skills of its professional combatants, however. The WPT will be wrapping up the World Poker Open at the Gold Strike Casino in Tunica, MS, on January 23rd, leaving a very short turnaround time for players to get their "A" game primed for battle in Atlantic City. In all, more than half (nine) of the WPT's Season Four schedule of seventeen events will be contested in the first four months of 2006. With the plentitude of major tournaments, poker players and fans will be exhausted by the time the WPT Championship is played out at the end of April!

Having handed out over $100 million in purses during its first three years, the WPT's Fourth Season is shaping up to be the biggest and best of the Tour's history. It is possible (and will be pretty close) that the Tour will crack the $200 million mark this season. In all, the poker should be very exciting and the addition of a new stop on the Tour marks that the WPT is continuing in its growth and will be around for some time to shape the face of the world of poker!

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2005-11-05T03:06:00.000-08:00

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Caesars Palace to Host Pokers All-Stars Tournament

2005-11-01T22:51:00.000-08:00

Press Release Source: Harrah's Entertainment, Inc.

Poker All-Stars Square Off for 2005 Tournament of Champions
Tuesday November 1, 1:42 pm ET
ESPN Set to Telecast Special Event at Caesars Palace

LAS VEGAS, Nov. 1 /PRNewswire-FirstCall/ -- Many of the biggest names in poker will descend on Caesars Palace next week to compete for $2 million in total prize money at the 2005 World Series of Poker® Tournament of Champions, Harrah's Entertainment, Inc. (NYSE: HET - News) said.

The free-roll tournament is expected to feature, among others, the nine millionaires from the 36th annual World Series of Poker's Main Event final table as they go for another seven-figure payday. A free-roll is an event in which none of the participants is required to pay a "buy-in" or entry fee to compete.

The Tournament of Champions will be played Nov. 6 through Nov. 8. The winner will receive $1 million. ESPN, the exclusive broadcast partner of the World Series of Poker, will provide comprehensive coverage of the event, which is scheduled to be telecast from 1 to 4 p.m. Eastern Time Dec. 24, 2005.

"This is poker's All-Star event," said Jeffrey Pollack, vice president of sports and entertainment marketing for Harrah's Entertainment. "Some of the top names in the game will travel from around the globe to Caesars Palace for a chance at a huge payday and bragging rights."

"The Tournament of Champions will be a great culmination of our World Series of Poker coverage this year," said Fred Christenson, director of programming for ESPN Original Entertainment. "With its high-stakes action and some of the best known players in the game, we expect this event to draw very strong ratings."

"Caesars Palace has a long history of hosting world-class sporting events, and this one-of-a-kind tournament will continue that legacy," said Gary Selesner, senior vice president and general manager of Caesars Palace in Las Vegas. "This promises to be a spectacle no poker fan can afford to miss."

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In all, nearly 120 players earned invitations to the Tournament of Champions. In addition to the nine players who made the final table at the 36th annual World Series of Poker Main Event, top finishers in five World Series of Poker Circuit events held in the 2004-05 season are also eligible. Among professionals who've committed to play are 10-time World Series of Poker bracelet winners Doyle Brunson and Johnny Chan, and nine-time bracelet winner Phil Hellmuth.

The World Series of Poker is owned and operated by Harrah's Operating Company, Inc., a wholly owned subsidiary of Harrah's Entertainment. Caesars Palace is a Harrah's-operated casino.

Harrah's Entertainment, Inc. is the world's largest provider of branded casino entertainment. Since its beginning in Reno, Nevada 68 years ago, Harrah's has grown through development of new properties, expansions and acquisitions. Harrah's Entertainment is focused on building loyalty and value with its customers through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership.

More information is available at http://www.harrahs.com and http://www.worldseriesofpoker.com.

Vince Neil to hold a Charity Texas Hold Em Tournament to Benefit the T.J. Martell Foundation

2005-10-29T18:19:00.000-07:00

The Crue's Vince Neil Rocks The Poker World
October 29, 2005
Earl Burton
Oddly enough, the worlds of poker and rock and roll cross quite frequently. On "Celebrity Poker Showdown", guitarist Dave Navarro and Meat Loaf have been competitors on the program. Recently in Las Vegas, the "Vegas Rock Star" poker tournament was held and now rock music and poker cross tracks again for a beneficial cause.

On November 11th at the Hard Rock Hotel & Casino in Las Vegas, Motley Crue frontman Vince Neil lends his poker skills to the Vince Neil Off The Strip Charity Texas Hold 'Em Poker Tournament. The tournament, being held to benefit the T. J. Martell Foundation, will be an evening of hot poker, hotter music and still hotter young ladies, fitting in with Vince's reputation as one of the legendary wild men of the music industry!

Besides being an evening of fun and frivolity with Vince, it is also a cause that is near to his heart. Through his own efforts, Neil has helped to raise over one million dollars for the T. J. Martell Foundation, a music industry organization that is dedicated to raising money for life saving research into leukemia, cancer and AIDS. It is an excellent reason to have a great time for a great cause!

The players will vie for a prize pool that will total $50,000, with the final table being the beneficiaries of the bounty. Seats are limited to the first 150 entries, with a buy-in of $500 plus a $40 entry fee. Immediately following the tournament will be the awards ceremonies and a live auction with a very special emcee that will be revealed at the moment of the show. If you can't get into the tournament, then there are guest passes available for those not playing.

Some of the loveliest ladies who entertain in Las Vegas will be joining in with Vince for what should be several hours of fun and poker. Vince himself was enthusiastic about the tournament, saying, "I'm very excited about the tournament! We have kicked this idea around for a while and it just makes sense, since I live in Las Vegas and The Joint at the Hard Rock is one of my favorite venues. Texas Hold 'Em is a kick ass game and when you add the girls to the mix, it only gets better. I hope my fans will come out and make this a very special night because it is a very special cause to me."

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R. J. Demman, Vice President of Casino Marketing for the Hard Rock Hotel and Casino, is credited with the addition of the dancers. "We have wanted to use our off the strip location as a tie-in to an event for some time. We are going to make it as close to a strip off event as possible! Vince is the perfect guy to partner with on this one. It's going to be a fun night. I am sure we are going to sell it out. I look forward to this becoming an annual event at The Joint."

This should be one of the hottest tickets on the Vegas scene that week, so if you would like to support a great cause, see some of the most attractive ladies Las Vegas has to offer and (oh, yeah) play some poker, there's no better stop than the Hard Rock! Be sure to learn more about the Vince Neil Off The Strip Charity Texas Hold 'Em Poker Tournament by calling the Joint at the Hard Rock at (702) 693-5000.

A single poker hand could be worth $100 million - Noble Poker Promotion

2005-10-26T15:43:00.000-07:00

Poker’s Biggest Prize - $100 Million Could Be Won In A Single Hand Of Poker. Prize is Reinsured by National Indemnity Company, a Subsidiary of Berkshire Hathaway Inc.
Cinda Ltd. is producing the world's most exciting poker tournament, in which someone could walk away with a $100,000,000 Jackpot Prize.

Las Vegas, NV (PRWEB) October 26, 2005 -- In a move that will send shockwaves throughout the poker world, poker tournament producer Cinda Ltd. today unveiled its latest poker innovation - a poker tournament that will include huge jackpot prizes. This unique tournament will likely produce some of the most thrilling poker action ever seen. Entrants to the tournament – in addition to winning an impressive purse – could walk away with a monstrous $100 Million Jackpot Prize.

The “Noble Poker $100 Million Mega-Tournament” will begin similar to other tournaments until players reach the final table. Should any player during the final table hit a Royal Flush of Spades, they will be awarded the $100 million jackpot.

Other hands occurring at the final table will receive significant jackpots as well. For example a player drawing a Straight Flush will win $750,000 and if someone holds a “Four-of-a-kind Kings” they will walk away with an extra $500,000 prize.

These jackpot prizes are in addition to any winnings that players have in the tournament. The ‘Jackpot Hands’ are sure to add a lot of excitement to the already thrilling Final Table action.

In order to guarantee the payment of such exciting jackpot prizes, Cinda entered into insurance agreements with ASU International, a subsidiary of HCC Insurance Holdings (NYSE: HCC), and National Indemnity Company, a subsidiary of Berkshire Hathaway Inc. (NYSE: BRKa). The $100 Million Jackpot Prize is reinsured by National Indemnity Company - one of the few insurers in the world that could guarantee such a large prize.

In order to make sure this event will be a world class event, Cinda has recruited former WSOP tournament director Matt Savage as tournament director. “It is difficult to come up with innovations that add excitement to the game of poker, but the unique “jackpot hands” concept is just such an innovation”, said Tournament Director Matt Savage. “It’s difficult to beat the WSOP in terms of excitement, but I think we’ve succeeded in this capacity”

Cinda has also recruited a world class online sponsor to back this exciting event. Noble Poker - www.noblepoker.com - is the tournament’s exclusive online sponsor. Noble Poker is owned and operated by Empire Online (EOL.L), one of the leading online poker operators in the world. Noble Poker also acquired the tournament’s naming rights and has aptly named it “The Noble Poker $100 Million Mega Tournament”.
“The concept behind the $100 Million Extravaganza is an innovative way to draw players from across the world,” said Noam Lanir of Empire Online. “We’re wondering how someone could maintain a poker face if they’re holding a Royal Flush at the final table.”

More information about the “Noble Poker $100 Million Extravaganza” can be found at www.noblepoker.com.

Game Show Network (GSN) To offer High Stakes Poker Tournaments

2005-10-25T23:56:00.000-07:00

Cold Hard Cash to Costar in GSN’s New Poker Show

--------------------------------------------------------------------------------
“High Stakes Poker” Invites Players to Play With $100,000 of Their Own Money

Every night in Vegas, big-time players risk more money playing poker than the average American pays for four years of private college education. But unless someone has the bankroll of a small African country and is willing to have a seat, there is no way to witness the kind of action that takes place in these high stakes ring games.

The Game Show Network is about to change that. Filming for the show “High Stakes Poker” is set to begin next week at the Golden Nugget in Las Vegas, where high-stakes poker players and poker hobbyists with deep pockets will play with a big chunk of their own money.

Buy-in for the no-limit Texas hold’em game is $100,000, and players will be able to rebuy any time they want. Details, such as blind structure and time of game sessions, are still being hammered out, said Dennis Johnson, the director of publicity and corporate communications for GSN. The preliminary list of players includes Doyle Brunson, Daniel Negreanu, Phil Hellmuth, Johnny Chan, Barry Greenstein, Jennifer Harman, and Dr. Jerry Buss, who when he’s not playing poker on television, own the L.A. Lakers. This list could change, Johnson said.

Although the players are playing with their own money, they will receive some sort of compensation for appearing on the show, Johnson said. This is one of the details still being discussed.

The show will be filmed for GSN by Henry Orenstein’s HSOR, a production company responsible for the “Poker Superstars” franchise that airs on Fox Sports. Orenstein also invented the holecard cam, which made poker broadcasts more compelling by showing the audience what the players held as the match went on.

For those who love trivia, Orenstein also is the father to Optimus Prime and the rest of the “Transformers” line of children’s toys.

GSN will air 13 hourlong episodes of “High Stakes Poker” starting Monday, January 16, at 9 p.m. GSN plans on releasing more information about the show later this week.

JT reporter learns the flop, the turn and the river

2005-10-24T22:50:00.000-07:00

Journal Times reporter and Texas Hold 'Em rookie Michael Burke plays a hand in a Texas Hold 'Em tournament fundraiser for the Racine Zoo held Sunday at Infusino's Banquet Hall. Burke looks at his hand by peering under an upturned corner of his cards. Photo by Scott Anderson, Journal Times.

Michael Burke

RACINE — The Journal Times paid me to play cards Sunday. Not just any cards, but the white-hot game of Texas Hold ’Em.

Tough job, huh? Yes, I know.

And here’s one big secret I learned the hard way: Beware of pocket 10s.

But let me back up a little. Rick and Lisa Schue had cooked up a Texas Hold ’Em tournament back in May 2004 so the Racine Zoo could buy a giraffe.

“My wife’s a big animal lover,” Rick said. They raised and donated about $5,500. That paid for a male giraffe named Chas.

Tragically, Chas died last Sept. 1 in an accident, so Rick Schue organized another tournament for Sunday at Infusino’s Banquet Hall.

Announcing a Texas Hold ’Em tournament is like announcing you’ll give away bundles of free Angus steaks. Salivating men come from many counties away to get in on the deal. Schue said Sunday’s 111 players came from Illinois and from all over Wisconsin.

We could have covered the event the usual way although for a reporter, it’s not easy to adequately write about 120 poker players — who most of the time are assiduously hiding their cards. But what if we actually played?

Schue readily agreed to waive the $50 entry fee so I could report on the event from the best seat in the house: A player’s perspective.

Now all I had to do was learn how to play.

Of course, I knew how to play poker and some of its variations.

In Texas Hold ’Em, two cards are dealt to each player face down. Then three are dealt face up in the middle (the “flop”) followed by one more face up (the “turn”), and finally, the last card also face up (the “river”). Each player makes his best hand from the two in his “pocket” and the five common cards.

I knew the bare bones of the game. But that’s like saying I also knew how to fly an airplane because I’d seen the inside of a cockpit once or twice. So two days before the tournament, fellow Journal Times reporter Brent Killackey — who I suspect would rather be playing Texas Hold ’Em for a living than covering schools for the newspaper — gave me a crash course. He taught me terms like “muck,” “all in,” “big blind,” “little blind” and “string raise.”

“This is a game of betting — not a game of cards,” Killackey said. His advice: Stay out of any hand unless I had strong pocket (down) cards, and then bet strongly to scare others out before the flop.

I also spent some time cramming some information gleaned from Texas Hold ’Em Web sites.

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Finally, just before Sunday’s tournament started, the top winner of last year’s local contest gave me these golden rules:

1. Be patient — that is, don’t enter a hand unless you have some strong cards; and

2. Don’t bluff.

Jon Fecteau, whose company, Pocket Aces, ran the tournament, also gave the entire room some rules. The No. 1 rule was to show sportsmanship at all times.

“Save the drama for your mama,” he quipped.

We started with $700 in chips.

On the first hand, five of the 10 players at our table stayed in, but I wasn’t one of them. It came down to Stuart Bernett Jr. facing off over a $300 pot with, and losing to, Dennis Held Jr. Bernett quickly bought more chips, as players could do during the first hour.

On the fourth hand, I thought I’d gotten cards worth playing, and got in with an ace and an eight. But when things never got any better, I folded and watched two fives win the pot.

On the next hand, I had two fives myself, in the pocket. But when Ken Zaehler bet heavily after the flop, I folded.

So far no great damage.

A couple of hands later, I stayed to the end with two low pairs, fours and sevens. Andrew Kerekes, immediately to my left, had pocket kings. It was to be a sign of things to come for the 18-year-old Caledonia resident, as he began amassing by far the largest pile of chips at our table, winning showdown after showdown with great hands.

Later, after I’d lost all my chips and was watching from the sidelines, Kerekes’ mother, Brenda, told me Texas Hold ’Em is one of the family’s favorite pastimes. “We built a table,” she said, and the whole family plays often with friends. The buy-in is usually $10.

“My 15-year-old won $90 last weekend,” Brenda said. Meanwhile, she was watching not just her son Andrew, but her husband, Jim, who was holding his own at a different table.

A couple of hands after losing with my two pairs, I stayed in with a king and a queen. A pair of aces turned up and I bet hard all the way. The last guy still in that hand dropped, and I’d won my first hand. Suddenly my pile of chips looked respectable again. I was ready to keep dishing out punishment.

Then, inevitably, disaster struck. I was dealt a pair of 10s in the pocket. I bet hard again — by this time I was raising $100 at a crack. Somehow, I found myself going all in.

When Cheven Jacoby showed a queen-high flush, I was as startled by the revelation as if someone had snuck up behind and cracked me in the head with a cricket bat.

I was out.

The other players quickly encouraged me to buy more chips and keep playing. However, I hadn’t come prepared for that option, so I thanked them and was the first to leave our table.

Amazingly enough, two other players at our table later lost everything they had and were driven out of the game betting on pairs of pocket 10s.

I bet the next time they came my way, I’d win with those 10s.

Can’t wait for the chance.

PartyGaming Shares Rise as the Poker Slump gets back on track

2005-10-22T20:45:00.000-07:00

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PARTY GAMING UPDATE - (Party Gaming is the parent company of PartyPoker.com)

A good day for the group...and for confidence in the poker industry

Following up on our Online-Casinos.com & InfoPowa report on the positive Party Gaming results and share price yesterday there has been widespread positive comment across the UK media.

Shares of PartyGaming Plc, rose by the most since its June initial public offering after the company said business is recovering from a slowdown in the third quarter. Earlier pessimism had caused a dip of almost 40 percent in the share price since the IPO.

"The whole of the sector will sigh complete relief,'' said Andy Brough, who helps oversee $6.5 billion at Schroder Investment Management in London.

Poker revenue in the fourth quarter so far is 10 percent higher than the average revenue for the third quarter. Sales of PartyGaming's casino games were also `"...very much above expectations,'' Chief Executive Officer Richard Segal said.

On the back of the results the shares rose as much as 11.75 pence, or 15 percent, the biggest gain since the June 27 initial stock offer. They traded at 86.75 pence at 3:20 p.m. Friday in London, giving the company a market value of 3.5 billion pounds ($6.2 billion).

"The picture to date in October is much better,'' Segal said on a conference call. ``We've seen a marked improvement in our performance.''

News of an improved fourth quarter for PartyGaming pushed rival gaming companies' stocks up. Shares of Sportingbet Plc, a U.K. Internet betting company, rose 7.7 percent to 280 pence and Empire Online Ltd. stock gained 7.2 percent to 89.5 pence at 3:20 p.m. in London.

PartyGaming controls 51 percent of the online poker market. Revenue for the three months ended Sept. 30 rose 32 percent to $220 million from $166.1 million, the company reported. That compares with an 81 percent increase in the first half.

The number of days regular users played poker and casino games increased 53 percent. New players totaled 209,372 for PartyPoker.com and 19,991 for the casino business. The average user visits the Web site once every three days, the company said.

Customer retention rates are declining as more casual players come on line. PartyGaming spent 29 percent of revenue acquiring customers in the third quarter.

"The positive current trading update should reinstall some confidence in PartyGaming after last month's interims,'' said Matthew Gerard, an analyst at Investec in London, in a note to investors. He recommends investors buy the stock.

According to research company Christensen Capital Advisors, online poker grew to a $1 billion business in 2004 from $90 million in 2002. The industry's growth will slow to 60 percent in 2006 and to 30 percent a year later from 130 percent in 2005.

PartyGaming earns 87 percent of its revenue in the U.S.

CEO's can play poker against each other - Free Poker Bootcamp

2005-10-19T18:52:00.000-07:00

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Receive Free Entry to CEO Poker Bootcamp in Vegas -- RESERVE Your Spot By Oct 22
Receive free entry to CEO Poker Bootcamp in Vegas when you register for the Black Tie CEO Poker Tournament before October 22. CEOS will get to meet the professional poker players during the FREE bootcamp event.

(PRWEB) October 17, 2005 -- World CEO Entertainment LLC, is inviting CEOs to reserve their spot at the CEO Poker Bootcamp in Vegas for FREE before October 22. CEOs will get to meet the professional poker players during the FREE bootcamp event.

All CEOs need to do to reserve a bootcamp spot is register for the black tie CEO Poker tournament taking place 1 day after the bootcamp in Vegas before October 22.

This is the first poker tournament where only CEOs will be competing with other CEOs in No Limit Texas Holdem to win the title of Chairman of Poker and for the Chairman’s Poker Tournament Ring.

If you are a CEO that can bluff, fold, and win in the boardroom, bring your skills to the CEO Poker room. CEOs from the world of the Internet, real estate, and Fortune 500 companies ready to face each other over the green felt of the poker table, are welcomed to reserve a spot.

"Poker is the new golf," says William Peraza, CEO of World CEO Entertainment. "Poker takes strategy, is indoors, and you can enjoy the company of other executives."

The CEO Poker tournament will be held in Las Vegas. The venue will be announced October 15, 2005. Buy in start at ($1,500-$10,000).

To be considered to play in the CEO Poker tournament please apply online by logging on to www.worldceoentertainment.com. All submissions will be reviewed.

About World CEO Entertainment LLC
World CEO Entertainment developed the concept of entertainment productions that feature CEOs in a variety of out-of-the-box scenarios. WCE saw a need for events that featured decision makers, influencers, individuals that make America work on a daily basis. World CEO entertainment LLC events include: All American CEO where CEOs battle in the Boardroom and in a variety business scenarios for the title of All American CEO; CEO Poker where CEOs play high stakes poker; CEO Hot Seat, a round table of CEOs will spend 1 week in a willing CEOs boardroom; and CEO Travel, where CEOs travel the world and show the best locations, products, companies, nationwide.

Party poker bonus - Now you can play poker and play blackjack at party poker!

2005-10-08T22:21:00.000-07:00

Now you can play blackjack at partypoker.com along with playing poker at the worlds largest online poker room. If you aren't playing at the easiest poker room on earth yet, why don't you sign up. It's the easiest way to make money playing poker online! Enjoy a 20% deposit bonus up to $100 on your first real money deposit at Party Poker!

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The deck is shuffled after 10% of the cards in the decks are used.
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2005-10-06T22:04:00.000-07:00

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Only Full Tilt Poker has the "The Hunt for Red in October" where you can win a chance to play Phil, Howard, and Phil in private heads-up matches for up to $50,000. Keep reading for all the details.

Also, be sure to check out our new Jersey Sit & Go Leaderboard Challenge tournaments where you can win a personalized Full Tilt Poker baseball jersey just in time for baseball's World Series. And, if you're looking for a chance to play poker on national television, we've got three options for you to choose from, including qualifiers into the Ultimate Poker Challenge, Foxwoods World Poker Finals, and one of two WSOPC tournaments at Paris/Bally's in Las Vegas or the Showboat in Atlantic City.

Speaking of television, check your local listings for the first hour-long episode of "The FullTiltPoker.Net Championship at Wynn Las Vegas" airing October 9th on FOX Sports Net. And be sure to tune into FOX Sports Net on Sunday, October 9th for the next episode of "FullTiltPoker.Net Presents Learn from the Pros" where Howard Lederer and our Full Tilt Poker pros provide tips and strategies to help improve your game. Check your local listings for more information.

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There's no better way to improve your game than by playing against the best players in the world. For many of us, though, affording buy-ins to the really big games with the world's top players just isn't in the cards. That's why we've introduced the "The Hunt for Red in October".

Throughout October, you can win a once-in-a-lifetime opportunity to play Phil Ivey, Howard Lederer, and Phil Gordon in private heads-up matches for up to $50,000. What's more, you can do it for as little as $55. That's right – just win any scheduled multi-table tournament with a buy-in of $50 + $5 or greater by 11:59PM ET on Halloween and you'll be automatically entered into a $5K "Hunt for Red in October" Freeroll on November 5th.

Win the Freeroll, and you'll get the chance to play Phil, Howard and Phil – heads up – for up to $50,000!

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The baseball playoffs are in full swing, and we're stepping up to the plate by launching a new series of Jersey Sit & Go Leaderboard Challenge tournaments where you can win one of 40 limited edition Full Tilt Poker baseball jerseys.

Like the football jerseys we offered in September, these personalized jerseys are "home white" versions of the ones you saw our pros wearing on television and at the World Series of Poker.

Starting today, we'll be running $69 + $6 Sit & Go tournaments through October. For each tournament you play in, you'll receive points based on your finish. The top 40 point earners by 11:59PM ET on October 31st will all win a personalized Full Tilt Poker baseball jersey.

You can't win these customized jerseys after baseball season ends, so get off the bench and don't miss your chance to dress like a pro.

Play Online Poker

If you've been playing at Full Tilt Poker, you know there's nothing we enjoy more than rewarding our most loyal players. That's why we're offering a new set of $50K VIP Freeroll tournaments on November 6th.

To earn your automatic entry, just be one of our top 1,500 point earners by 11:59PM ET on October 31st. And remember, the more points you earn in October, the more money you'll get to play for in November:

• Players 1 – 500 will compete for $28K
• Players 501 – 1,000 will compete for $15K
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Who says there's no such thing as free money?

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Texas Hold Em Poker Strategy - Know your opponent

2005-09-26T17:52:00.000-07:00

FullTiltPoker.Com - Beat the Pros
Know your Opponent
by Paul Wolfe
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I was at my first World Series of Poker in 2002, talking to a player who had made the final table the year before. He told me something I've never forgotten, and it's helped me ever since.

I had raised pre-flop with A-K and he called from the button. The flop came all small cards. I checked and he fired a pot-sized bet. I looked at him and said, "You must have a good hand." His reply caught me off guard; "It doesn't matter what cards I have if I know what cards you have."

At first I thought I might have a tell – maybe I hummed when I missed the flop, or I looked away from my chips. It was later that I realized I did have a tell, but it had nothing to do with my physical demeanor. It was the way I played my cards.

Poker is often not so much about the cards you have, but knowing the way your opponent plays. Keeping track of which hands your opponent raises with - and the position from which he raises with them - is a large part of the game.

In a live game, it is hard to remember exactly what cards your opponent has raised with over the years and, if they're good players, those hands will change from time to time. But many poker players are creatures of habit, playing the style they are most familiar with. Online, there is no excuse not to have this knowledge at your fingertips.

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While playing on Full Tilt Poker, I get to write notes on players and it is a great help. I am always referencing my notes, and they will often tell me which hands an opponent has played in the past. The color-coding makes it even easier for me. I use one color to mark the players who only bet when they have a strong hand, and another color to mark the action players.

When I see a player marked with a certain color, I can safely assume that he's going to overplay his hands. This is a guy I am more willing to call with a hand that might be a little weaker, or a drawing hand after the flop. Why? Because I know that if I hit my hand, he's going to pay me off; I have implied odds to call. With another player, I'll play a little tighter because not getting paid off means my implied odds aren't there. This one bit of information has both increased my winnings and minimized my losses.

Self-awareness is an important part of any endeavor. But in poker, knowing your opponent is just as important as knowing yourself.

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A little history on Party Poker and its phenominal American / World Poker Growth

2005-09-21T22:32:00.000-07:00

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America's Poker Passion Creates Newest Desi Billionaires
From News Sources

21 September 2005 -- Move over, Vinod Khosla (founder of Sun Microsystems) and Sabeer Bhatia (founder of hotmail).

Its time to meet the newest technology billionaires - Anurag Dikshit and his college pal Vikrant Bhargava -- who got there by 'helping people find ways to lose money.'

Dikshit is also the only Indian to be inducted into Red Herring magazine's top 20 technology entrepreneurs of 2005.

Dukshit and Bhargava are the Indian duo behind PartyGaming, an online poker/gambling company based in Gibraltar that went public in London with a valuation estimated at around $10 billion. Thus making them the first-known online gaming billionaires.

Known as The Gibraltar Gang of Four, they are estimated to be worth as follows: Anurag Dikshit (net worth: $3.4 billion), Vikrant Bhargava (net worth: $1 billion). And the two other founders of the company Ruth Parasol (net worth: $1.8 billion), Russell DeLeon (net worth: $1.8 billion).

Recent reports in the press note that 'billionaire status has rarely been achieved so young or so quickly.'

Bhargava hints at the way in which the ride has left them breathless. "When we left university in 1994 - and you have to remember that the Indian Institute of Technology was one of the best schools in all of India - quite a lot of people went off to the US and got involved with dotcoms," he says. "So many people wanted to do something big, but I don't think we ever thought it would be this big. But the motivation was not money. We have done well at something we enjoy doing."

According to one report, PartyGaming's pretax profit has gone from about $6-million (U.S.) three years ago to more than $370-million last year, and in the first quarter this year it made $128-million, or $1.4-million a day.

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Parasol founded the precursor company in 1997 after reportedly running porn sites. She brought on Dikshit to develop proprietary software in 1998. Parasol and her husband DeLeon now consult, while Dikshit runs the group and Bhargava oversees marketing.

Bhargava, aged 32, and originally from Rajasthan, pursued a career in banking before joining the poker party in 2000, having been asked to come on board as marketing director of PartyGaming by his old college friend, Anurag Dikshit. Bhargava, an MBA from IIM (Kolkata) is a whizkid behind the raging success of PartyGaming. Bhargava's experience prior to joining the Group included positions as a credit officer at the Bank of America, where he was responsible for managing credit exposure and revenue for a portfolio of corporate clients, and a business analyst at British Gas in the business development division. Married with two children, he is the only shareholder in the company to be seen in public and is a regular face in the crowd at PartyGaming's live poker tournaments.

A recent article in The Guardian described Mr. Bhargava as a "shy, modest workaholic." The PartyGaming executive, who owns a 15-per-cent stake in the company, told the British newspaper: "I don't think we ever thought it would be this big. But the motivation was not money. We have done well at something we enjoy doing."

Very little is known about Anurag Dikshit, the 33-year-old computer whizzkid who created the technology behind online poker. He is a graduate of IIT Delhi, and has worked as a software developer in the US for various companies such as CMC, Websci and later as a consultant for AT&T before he hooked up with Ruth Parasol in 1998. He owns 40 per cent of the company.

Dikshit developed an innovative platform to facilitate gamblers playing against other online gamblers at individual tables or in large tournaments. The company launched the service in 2001, just as poker enjoyed a huge resurgence in popularity in America. As television programs, new books and celebrities got involved with poker, online poker sky-rocketed in popularity. So much so that Dikshit's platform which allowed 20,000 simultaneous users was inadequate and new technology was adopted allowing 70,000 simultaneous users.

The appeal of Dikshit's offering was that poker players could play at any time from anywhere without having to organise a social group to play. Total revenues for online poker from all providers was already a healthy US$92 million in 2002, but it then exploded, surpassing US$1 billion two years later, according to Christiansen Capital Advisors, experts on the online gaming industry. Dikshit's company shrewdly hired a well-known poker player named Mike Sexton as a marketing consultant, and with his help it developed the "PartyPoker.com Million" tournament which was televised throughout the United States and Europe.

Dikshit is not very well known beyond the secretive online gambling industry, which is considered a criminal enterprise in the United States. He is believed to be married to a doctor, to have one child and lives in Gibraltar. He is a vegetarian, does not gamble, wears braces to hold his trousers and has a moustache. He is said to "smile a lot when he talks."

A colleague says that Dikshit's head has not been turned by the company's financial success. "For someone so key to a company that is making the amount of money PartyGaming is making he is very self-deprecating. For Anurag, it's a systems challenge. How do you write software that can handle so many players and how do you deliver the product to customers?"

Dikshit keeps a low profile. Colleagues are unwilling to talk about his home town in India, for fear of identifying his family and jeopardising their security.

But at work, he does not hold back. "He has an unerring habit of asking the best questions of all the founders," says the colleague. "There's also a core of 20 to 30 people in senior management that he recruited and who are clearly extremely loyal to him. He's also not ostentatious. I don't know what he would do with the money if he were to cash out but I'm sure you wouldn't see him buying a palace on an island and a big yacht. He's just not like that."

There is one big caveat to this tale of good fortune. The legality of internet gambling in the US is a point on which the operators and the US department of justice cannot agree. So before Bhargava, Dikshit and their colleagues can turn any part of their theoretical fortunes into cash, the investment community has to be convinced that the business is not vulnerable to being closed down overnight in the US, its biggest market.

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Observers say the signs are good. Sportingbet, a quoted British company, paid £169m last year for one of PartyGaming's rivals, Paradise Poker, and has seen its share price surge 150% since then, as investors wake up to the global online poker revolution.

Bhargava says more than 70,000 people play on Party Poker simultaneously at peak hours; two years ago, the figure was fewer than 2,000. Party Poker makes its money by taking a small slice from each pot - the rake, in the jargon.

Describing the way the game is played in cyberspace, a company spokesman said: “Party Poker is a website and 10 people can gather round a virtual table. Party Poker makes its money by taking a small slice from each pot - the rake, in the jargon. "

One of the ironies of PartyGaming is that due to government rules, Indians in India are not allowed to play even though ninety per cent of its employees, totalling about 1,000, are based in Hyderabad.

For tax reasons, Dikshit and Bhargava live in Gibraltar where, according to one report, 'the weather is pleasantly Mediterranean but there cannot be too many distractions on which to squander their easily acquired fortunes.'

The two Indians keep a relatively low profile. The best that the Financial Times could muster up in a recent profile is the revelation that Dikshit 'always smiles a lot when he talks'.

Company executives include Nitin Jain [CIO - PEC, Chandigarh & IIM Kolkata] and Manish Grover [Director Customer Services, IIT Delhi, IIM Kolkata].

Due to concerns about the legality of online gambling in the United States, the company is incorporated in Gibraltar and has no assets in the United States. Nonetheless, U.S. consumers provide around 90% of PartyGaming's revenues.

Globally, about $200m has been wagered in tournaments over the past 24 hours alone, according to the online poker monitoring service, Pokerpulse.com.

Gamblers Anonymous, the gambling counselling service, said it had seen a dramatic rise in the number of calls it receives from people blaming the internet for their addiction.

"Gambling on the internet is like pornography on the internet. Clicking a screen on a computer is much easier for many people than going in to a sex shop and buying the goods face to face. People who are too scared or embarrassed to go in to a betting shop will bet online, and they can also bet unnoticed," said a Gambling Anonymous spokesman.

"As well as removing some of the social constraints around gambling, the internet also removes the physical constraints of having to hand over your cash to gamble. You don't have to keep going to the cash machine. It all happens electronically, which means you keep gambling without it seeming like a real loss. It gives you no time to think and consider your actions."

Celebrities such as Ben Affleck, Nicole Kidman, Sarah Jessica Parker, Matt Damon and Tobey Maguire are all regulars at televised poker matches, and have also helped give the game a cult appeal. And so big is the potential for companies to make millions from the business that there is now a rush of other online gambling companies listing in the stock market.

To their credit, the founders are recognising the efforts of their employees to a degree many other billionaires might not. Some 5.6% of PartyGaming, worth $560m or about £300m at the top end of the flotation price range, will be gifted to an employee trust. All staff, from call centre staff in Hyderabad to London techies, will get the chance to earn two or three times their salary in free share options over the next four years.

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Should you buy a book on poker to better your game?

2005-08-31T16:16:00.000-07:00

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In recent months, many of our players have asked for suggestions on what poker books provide the best insights into the game. Being curious ourselves, we put the question to our pros and the answers we got back included some long-time favorites, along with a few surprises.

While our pros all have poker books that they like, not all of them believe that reading about poker theory is essential to improving their play. In fact, a few of our pros expressed sentiments along these lines:

We're not big fans of poker books. Once you get the basics down, is there something you can read that will drastically change your outlook on poker? Probably not. If there were a secret formula that would guarantee you'd always win, or one certain technique to win the most money, wouldn't everyone be playing that way already? The best teacher is experience. Choose a playing style and game mentality that fits your style, then get out there and actively think about the game. See what works for you and what doesn't. No book will be as effective as your own thought process.

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Still, many of our pros do have some suggestions about which titles you might want to add to your personal library.

Chris Ferguson believes David Sklansky's Hold 'em for the Advanced Player and Theory of Poker are perhaps the two best books out there. Both of Doyle Brunson's Super System books, and Mike Caro's Book of Tells have helped his game, too.

Steve Brecher agrees with "Jesus" about Sklansky's Theory of Poker for its idea of the semi-bluff and its analysis of the concept of odds in poker. Sklansky's Hold 'em for the Advanced Player and the rest of the Advanced Player series are also solid reads.

Brecher also likes Doyle Brunson's chapter on No-Limit Hold 'em in his Super System for its emphasis on the importance of implied odds (although that's Sklansky's phrase, not Brunson's).

Erik Seidel notes that he hasn't read many of the poker books out there, but his all-time favorite is The Biggest Game in Town by Al Alvarez.

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Being friendly with Phil Gordon, Perry Friedman has gotten to read an advance copy of Phil's Little Green Book (due out in October), which he thinks provides the best example of how to teach people to think about the game. He adds that both of Dan Harrington's books are filled with incredible advice for tournament play.

When it comes to "non-strategy" books, the pros' choices are as varied as their playing styles at the table.

Howard Lederer says, "I've recently started reading some books on Zen Buddhism. Zen has always been associated with the fine arts of flower arranging, calligraphy, and tea making. But there is also quite a tradition of Zen in swordsmanship and archery. Through reading these books and, in particular, Zen in the Art of Archery, I have a greater understanding of the process one goes through to master an art form. And poker is most certainly an art form."

Other more poker-related titles on our pros' bookshelves include Positively Fifth Street by James McManus, The Professor, the Banker and the Suicide King byMichael Craig and the recently published Tales from the Tiltboys by the Tiltboys. They're also looking forward to reading Nolan Dalla's biography of Stu Ungar, One of a Kind.

It's safe to say that the books listed above will provide you with an eclectic and comprehensive view of the strategies, techniques, and personality traits that can help you become a winning player. So enjoy these books, and good luck at the table.

Enjoy a special labor day freeroll - $20,000 prize pool plus a 40% deposit bonus for new players

2005-08-30T17:08:00.000-07:00

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Score points from playing Single-Table Tournaments during September 3-5 and earn your place in a $20,000 Added SnG!

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Ask the poker pros - No Limit Poker, Crunching the Numbers in Texas Holdem

2005-08-26T11:38:00.000-07:00

Online Poker at FullTiltPoker.com

by Andy Bloch
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I get asked a lot of poker strategy questions, from beginner to advanced. Some are easy, but some involve the kind of math I can't always do off the top of my head. When that happens, I rely on one of a number of free tools to calculate the probability of winning the hand.

Here's an example based on a hand posted on a website I run:

Our hero was playing at a small stakes No-Limit table online, with $.25-$.50 blinds. At the start of the hand, he had $44. He was dealt Ad-Td and raised to $2. Both blinds called. The flop was Kd-Jd-2c, giving our hero a royal flush draw. The big blind bet $2, hero raised $2 more, the next player called, and the big blind (with more chips than our hero) re-raised all-in.

Should our hero call with his last $38? Let's assume the third player will fold. If our hero were to call and win, he'd be up to $94 (the $18 in the pot, plus his $38 and his opponent's $38). If he wins the hand four times out of 10, on the average he'd have $37.60 after the hand ($94 multiplied by four, and divided by 10). In poker, it's the long run that matters, so he should only call if his probability of winning is greater than 40%. Now he needs to figure out the probability he'd win the hand.

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The first step is to put his opponent on a range of hands. Sometimes, you can figure out exactly what your opponent must have by the betting or tells. Most of the time, you're left to guess a little. In this situation, the other player probably has a very strong hand, but there's a chance he's bluffing or even semi-bluffing.

The strongest hand our hero could be facing is three kings. He has 11 outs to win the pot - every diamond but the 2d, and three queens. But even if our hero makes his flush or straight, his opponent could still win by making a full house or quads on the last card. I could calculate the probability by hand, but I don't need to.

Instead, I head to the Internet and one of the many free poker odds calculators, such as the one at twodimes.net. Enter "Kd Jd 2c" in the box labeled "Board" and "Ad Td" and "Ks Kc" under "Hands", and click submit. The result says that Ad-Td wins under 34% of the time - less than the 40+% that would make a call the right play. If our hero knows that his opponent had three kings, he should fold. The probabilities for the other possible three-of-a-kinds are the same.

But what if he's up against two pair - kings and jacks? Using the poker calculator again, his probability of winning would be 44%. That's enough to make calling correct. Our hero might also be against other two pairs, which he'd beat a little less often (42%), or A-K (46%). He might even already be ahead if he's against an aggressive player who would semi-bluff with something like Q-T (81%) or Qd-9d (82%).

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Having calculated the probabilities of winning, our hero is now left with the subjective part of the answer, guessing the probabilities of what the other player has. I would guess that it's more than twice as likely that the player has two pair, or A-K, or even some weaker hand than that he has three of a kind. And I would guess that maybe 5% to 10% of the time, Ad-Td is actually ahead. I told our hero that, based on the numbers, I would have called.

Our hero did call, and the other player had K-J, giving our hero a 44% chance of winning the hand. The turn card was the 2d, but the river was a jack and our hero's flush lost to a full house. The river card was a tough break, but playing by the numbers, he still made the right play.

It's good to know the numbers, but it's equally important to know how to get them. And if you use the available tools whenever you aren't sure, you'll start to remember them when they come up at the table. In poker, every tool in your toolbox brings you one step closer to mastery of the game.

Ask the pro's is a free publication to all poker players registered and playing at fulltiltpoker.com Sign up now to get poker tips and strategies from the poker professionals.

Make your party poker bonus code payoff - manage your money and you'll have a bankroll plus your deposit bonus

2005-08-23T08:28:00.000-07:00

By Aaron Bartley
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One of the most important poker lessons has nothing to do with how to play Aces in late position or how to adjust for the maniac in seat three. It's how to manage your money in a way that will make it grow as quickly as possible with minimal risk.

Some of the most highly skilled players in the game have gone broke (repeatedly) simply because they played too high, too fast, too often. How can we make sure this problem never happens to us? It isn't a matter of smarts, but rather, one of discipline.

The most important step is to be honest with yourself. You should know your relative skill level at all times. Suppose you're a $1/$2 No-Limit Hold 'em player who's had a great night, and you're toying with taking a shot at the $5/$10 game. Your bankroll is up to $1,500, but you would need to bring at least $500 to the table in order to play comfortably at the higher level.

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Why would you risk putting a third of your bankroll on the table to play in the $5/$10 game? For starters, your bankroll isn't big enough for the stake; more importantly, you also need to consider that the skill level of the $5/$10 players is greater than the competition you're used to. (That's not always true, of course. There are some very skilled $1/$2 players and some weak $5/$10 players, but it's not unreasonable to assume that the higher-level games are filled with better players.)

This is where self-control comes in. One slip-up can spell disaster for a bankroll, and watching six months of hard work disappear in six hours of foolish play is enough to crush anyone's spirits.

The safest course of action is to continue doing what you're doing. You're beating the $1/$2 game for a tidy profit every week - stay right where you are. Continue proving that you can beat the game. While you're doing that, your bankroll should grow accordingly. Beating a game for six days is proof of very little. Beating the same game for six months is better evidence that you are a winning player.

Start tracking your results. You can buy tracking software or easily create a database of your own. Put in all of your information after each time you play - limits, time at the tables, profits/losses. Go over your information every few weeks, both for your recent play and for your entire poker lifetime. Try to spot bad trends before they get out of hand. If you've been playing well at a certain level over a long period of time, only then should you consider moving up to the next highest level.

Above all, know where your money is at all times and how it is being used. Ask yourself, "Is this too much risk for me considering my current bankroll?" If the answer is yes, do the responsible thing and change tables. Months later, you'll be thankful you did.

Party poker bonus codes drawing in all the college kids playing poker

2005-08-15T10:18:00.000-07:00

More young adults are making online poker a career choice, but is the risk of addiction too high?
By AMY ELIZABETH OSGOOD, Courier Lee News Service

MADISON, Wis. --- Brett Hartfiel, 22, is his own boss this summer. He wakes up at about 10 a.m. and works sporadically throughout the day.

If his friends go to the beach, he can go with them. If he wants to work in his pajamas, he can. That's because Hartfiel has turned online gambling, a pastime that has recently exploded among college students, into his summer job. In the past six or seven weeks, he has made more than $6,000.

"I told my friends, 'I'm going to be a poker pro for three months and see how it goes,' " he says.

Professional poker has its perks for the recent University of Wisconsin at Madison graduate. Hartfiel job-hunts and fills out applications online while he plays. Plus he can enjoy the college lifestyle for one last summer.

"There's something to say for getting to work in a pair of shorts and a 'Got Brett?' T-shirt," says his roommate, Luke Louison, nodding to Hartfiel's personalized loungewear.

Hartfiel plays no-limit Texas hold'em, the most popular online poker game "because it's the fastest and the riskiest," according to Hartfiel. He mostly plays on Pacific Poker, but he also plays on PartyPoker and PokerStars.

He has won most of his money playing "heads-up" matches against one other person. Each player puts in $100, the Web site takes $5 from each person, so the pot totals $190. Winner takes the pot. He has just started playing $100 buy-in tournaments. He says winners of those events make about $25,000.

Hartfiel says he has made more than $15,000 since he began gambling online last November. He has been playing live poker with friends since high school.

"I was skeptical at first, but a few of my friends started winning a lot of money, and I knew I was better than them," Hartfiel says.

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What about work?

As he began making money gambling, his job as a fitness consultant for the university's recreational facilities became less attractive.

"First semester, I was working like 20 hours a week. Second semester, I went down to working four hours a week," he says. "Now I don't work at all."

Maybe not in the conventional sense of the word, but Hartfiel does take gambling seriously. He gambles for about 50 hours a week, and he plans to pay taxes on his winnings.

He uses an Excel spreadsheet to keep track of his games. Columns list opponents' names, their wins and losses (he has played some more than 20 times) and each opponent's playing style.

A player can be aggressive or "tight," according to Hartfiel.

"I change my style depending on theirs," he says. "If they're aggressive, I like to play tight, only my good hands. I can take advantage by acting like I'm weak when actually I'm strong. When a player is tight, I will be more aggressive. You can take most of the pots when they're really tight."

Hartfiel keeps in mind when players might be most vulnerable, like late at night, when they've probably just come home from a night of drinking.

"I find that when I come back from the bars, that's when they play the worst," he says.

He also keeps track of when easy opponents habitually play.

"There are guys that go on there certain times a day every day who I know where to find," he says.

Hartfiel thinks his system gives him an advantage. "It's always smart if you can get an edge on the game, write stuff down about people," he says.

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Studying the game

The Internet changes the game of poker in many ways. Games go a lot faster than the friendly Sunday afternoon games at Aunt Martha's because things such as shuffling and conversation are eliminated. Players can make more money because they can play more hands per hour, and they can play at high-stakes tables, which most wouldn't otherwise have access to unless they were in Las Vegas.

In addition, players don't have to worry about their poker faces when they're sitting in front of their computers.

More than 1.8 million people play online poker each month, wagering an average of $200 million a day, Sports Illustrated reported in May. Although the U.S. Department of Justice considers online gambling illegal, the government essentially looks the other way. Individuals aren't normally prosecuted, according to the magazine.

Web sites are hosted overseas in "tax havens" such as Gibraltar and Costa Rica to avoid U.S. law, the magazine reported. Many college students have taken advantage of this legal gray area. Online poker's anonymity and high stakes contribute to its popularity among today's Internet-savvy students.

"It's the chance to hit it big," Hartfiel says.

The University of Pennsylvania's Annenberg Public Policy Center found the number of 18 to 22-year-old college males who play cards for money doubled in the last year, according to Sports Illustrated.

Online statistics are hard to come by, however. Brian Rust, administrative program specialist at the UW-Madison's division of information technology, had no information regarding online gambling on campus. An unscientific trip to the library, though, illustrates online poker's popularity. While studying for exams in a computer lab on the UW-Madison campus, Hartfiel often saw poker games on students' monitors. He also played while he studied.

For some students, however, online poker can become more than a study break. It can become an addictive, expensive habit. Successes like Hartfiel's accompany sadder stories.

Poker room bonus codes from the bellagio Las Vegas get yourself into the world poker tour satellite worth $18,500

2005-08-08T15:43:00.000-07:00

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Party Poker Bonus Codes - Full Tilt poker giving away an amazing sign up bonus of 100% up to $600

2005-08-03T10:04:00.000-07:00

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Party Poker Bonus Codes - Ultimate Bet offers a 40% deposit bonus up to $200 for all new poker players

2005-07-31T19:22:00.000-07:00

www.ultimatebet.com is offering a 40% signup bonus up to $200 for all newpoker signups. Take advantage of this bonus, as it is one of the highest pokerbonuses around. Making your firsttime deposit is easy to do and easy to use. Now we're making it a littlegreener too by offering you our 40% First Time Deposit Bonus.

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Party Poker Bonus Codes - What is the best online poker site to play at?

2005-07-25T20:20:00.000-07:00

Pokerstars: tight, but populated
enough to find good games, beware the sharks, great tourney action, second
busiest online site

Ultimate Bet: tight, this is Annie Duke's/Phil Hellmuth's/Devilfish
Ulliott's/Antonia Esfandiari's site, best interface IMO, you can often find Phil
playing high stakes Triple Draw or Hold'em here late at night, if you have
issues with the random card generation most sites use, UB might be worth a try

Paradise Poker: tight shark tank, one of the originals

Party Poker: loose, busiest site out there, cartoonish interface, best site for
finding loose games 24/7 because to traffic

Pacific Poker: very loose and fishy, but aggressive, and because you can only
play one table at a time here, players tend to make impatient mistakes, lengthy
payout process

Planet Poker: one of the first poker sites, low traffic, but many of the
regulars are happily consistent contributors, I often make more here than on
Party in a given day, friendliest site

Doyle's Room: New site, I've heard a great deal about loose play here,
but have yet to try it, perhaps someone else can comment on this one

Gaming Club: loose play, horrible interface

Poker Champs: Gus Hansen's new site, slick but somewhat confusing new
interface, micro freerolls every hour, the micro limits I played there (from my
micro freeroll winnings) were very loose

Absolute Poker: loose play, high but slow paying bonus, the only
interface I've seen where you can order from a large menu of food/drink/smoke
items and see them placed beside you while you play, average traffic

Party Poker Bonus Codes - Paradise poker unleashing the first ever $1,000,000 (yes one million) dollar freeroll tournament

2005-07-25T00:25:00.000-07:00

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WPT - Legends of
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Paradise poker is currently
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Party Poker Bonus Codes - A little David Copperfield Magic Card Trick for ya all

2005-07-21T23:16:00.000-07:00

David Copperfield Card Trick - Click open or save to your computer, either one should work fine. You might need powerpoint software if you want to view it from your puter.

Party Poker Bonus Codes - Doyle Brunson wants $700 million in poker stock for the Wpt world poker tour

2005-07-19T10:51:00.000-07:00

NEW YORK (Reuters) - Poker icon Doyle Brunson has launched a $700 million cash bid for WPT Enterprises Inc., which owns the popular World Poker Tour television show, the company said Friday.

News of the unsolicited bid, made by Brunson with a team of financial backers, sent WPT (Research) shares surging over 60 percent to a record high of $27.60 on Nasdaq.

The bid offers a 100 percent premium over WPT's closing price of $17.75 on Thursday. The company has a market capitalization of about $357 million.

"This was a total surprise," company spokeswoman Jackie Lapin told Reuters. "The board will review this bid."

She did not know when the board planned to meet. The bid was received Thursday.

Brunson, one of the best known U.S. professional poker players, was not immediately available for comment.

West Hollywood, Calif.-based WPT Enterprises, which was founded in March 2002, went public in August last year at $8 a share, raising $32 million. Its shares rose to their previous high of $24.40 last month.

The company develops products based on gaming themes. World Poker Tour airs on the Travel Channel in the United States and more than 60 markets worldwide.

About 70 percent of the company is owned by two stakeholders; Lakes Entertainment Inc. owns about 62 percent of the company and co-founder and Chief Executive Steven Lipscomb owns about 8.2 percent, according to company data from April.

Brunson, 71, has won the World Series of Poker (WSOP) twice -- in 1976 and 1977 -- and this month won his 10th WSOP bracelet which are awarded to winners of tournaments on the World Series of Poker circuit.

About 25 years ago he cowrote "Super/System," which explained his secrets to winning poker.

Party poker bonus codes - Joseph Hachum wins the world series of poker 2005

2005-07-16T10:17:00.000-07:00

Chip leader Andrew Black had $21.7 million
Tex Barch had $12.5 million
Aaron Kanter $10.3 million
Steven Dannenmann $6.5 million
Joseph Hachem $5.1 million.

Final hand of the world series of poker 2005
Steve Dannenmann raised to $700,000 and Hachem called. The flop came 4-5-6. Hachem checks and Steve bet $700,000,
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Party Poker Bonus Codes - Chris Moneymaker and Playboy Team Up

2005-07-13T17:07:00.000-07:00

Chris Moneymaker, winner of the World Championship 2003 World Series of Poker, has turned his winnings into a new, lucrative career. Moneymaker, a former accountant, used his $2.5 million payday to jumpstart a career as a pitchman for PokerStars, known for their television poker tournaments such as "Poker Royale: Battle Of The Sexes".

He started Moneymaker Gaming, which offers gaming collectibles, poker chips and other gambling related accessories. So far, he’s secured exclusive contracts with Death Row Records, FHM model Vida Guerra and several NASCAR drivers such as Jeff Gordon and Jimmie Johnson.

Now Moneymaker Gaming has added another feather to their cap. It was announced that Playboy Enterprises and Moneymaker Gaming have partnered to create merchandise branded with the special Playboy touch. The collection will include a variety of items from collectible poker chip sets to tables and other such memorabilia.

"Poker is a logical brand extension for Playboy, and Moneymaker Gaming is a natural partner," remarked Sarah Haney, Director of Entertainment Licensing for Playboy Enterprises. "Chris' overnight success reflects the aspirational Playboy lifestyle and Playboy Poker offers both amateurs and professionals an opportunity to partake in the good life."

"Poker and Playboy go hand in hand," said Moneymaker. "It's a match made in Las Vegas heaven, and I am proud to bring the two together. We're committed to making Playboy a dominant player at the poker table."

The new products will be featured at the World Series of Poker lifestyle show, running during the play of the Main Event and at MAGIC Las Vegas in August. Products will also be available at PlayboyStore.com, MoneymakerGaming.com and at the Playboy Concept boutique in Las Vegas.

Party Poker - Bonus Codes, Fox Sports Network featuring live poker tournament at Wynn Casino

2005-07-13T13:25:00.000-07:00

FSN, the premier network in poker television and the first U.S. network to show poker live; Wynn Las Vegas, the crème-de-la-crème of Vegas class and extravagance; FullTiltPoker.net, one of the foremost online free poker sites. A trio of excellence each playing its part in bringing fans an unrivaled live television event as FSN televises the final table of the FULLTILTPOKER.NET CHAMPIONSHIP AT WYNN LAS VEGAS, airing live at 6:00 pm local on Wed., July 13, 2005. An encore broadcast of the show airs that night at 10:30 PM local.

Held at club La Bete, inside Wynn Las Vegas, the tournament features many of the biggest rounders in the game playing for a $500,000 cash pool and other prizes. Scheduled to appear in the tournament are 2000 World Series of Poker champion Chris "Jesus" Ferguson, WSOP bracelet winners Howard "The Professor" Lederer, Phil Ivey, John Juanda, Erik Seidel, Jennifer Harman, 2003 World Poker Tour Ladies Night winner Clonie Gowen, plus poker pros Phil Gordon, Andy Bloch and Erick Lindgren. Also, 2004 Card Player Magazine Player of the Year Daniel Negreanu joins the fray. FSN veteran announcer Barry Tompkins calls the action.

"This live event is the next generation of poker programming," said George Greenberg, FSN's Vice President of Programming and Production. "Live poker was one of our highest rated shows telecast last year and we look forward to an even bigger ratings winner this year."

Party Poker Bonus Codes - World Series of Poker Day 1

2005-07-09T20:09:00.000-07:00

Day one of the world series of poker 2005 and already some big names are out!
Phil Hellmuth
Daniel Negreanu
Phil Gordon
Men the Master
Todd Brunson
David Williams
Annie Duke
Cyndy Violette
Allen Cunningham
Hasan Habib
Erick Lindgren
Josh Arieh
Erik Seidel
Scott Fischman
Chris "Jesus" Ferguson
Ted Forrest
Johnny Chan
Mike Sexton
Humerto Brenes
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Barry Greenstein
Martin De Knijff
Freddy Deeb
Phil Laak aka "The Unabomber"
Carlos Mortenson

Poker Bonus - World Series of Poker Payouts - 2005

2005-07-09T19:16:00.000-07:00

Official W.S.O.P Payouts (2005)

Total Entries: 5,619
Total Prize Pool: $52,818,600
560 places will get paid

1st Place:$7,500,000
2nd: $4,250,000
3rd: $2,500,000
4th: $2,000,000
5th: $1,750,000
6th: $1,500,000
7th: $1,300,000
8th: $1,150,000
9th: $1,000,000

Last place pays $12,500.

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2005-07-08T15:40:00.000-07:00

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Party Poker Bonus Codes

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