Showing posts with label poker profits. Show all posts
Showing posts with label poker profits. Show all posts

Wednesday, March 17, 2010

Clearing an online poker bonus

Visit any online poker sites and you will be introduced to a world of online poker bonuses with each site trying to outdo the other. Perhaps a quick look at our poker room reviews may help you to decide better on which site to choose to gain access to the best online first deposit bonus.
Once you have signed on you will surely be wondering how to clear that online poker bonus. How do you optimize the task of getting that extra money out of the bonus account and into your real money bankroll? Well here are a few basic steps that you could follow:
Learn the Conditions to clear the online bonus
In the early days of poker room bonuses, players could only clear the funds through cash game play while tournament players were out of luck. Currently, many sites do allow you to clear your bonus by playing poker in tournaments. These calculate bonus clearing the same way they calculate player points. Thus before you start trying to earn credit toward your bonus through playing tournaments, find out if the site allows this practice.

Raising the Stakes may not help always
Some players see bonus clearing as an opportunity to move up in limits. They figure even if they go on a losing streak that the bonus will make up for it. However, you can clear the bonus just as quickly by playing your current limit.

Check your bankroll
Check your bankroll and plan properly for every game that you take part in. You do not want to deplete your bankroll before you clear the bonus. If this happens, you will have to deposit more money so that you can release the bonus in the time allotted.

So once Bonus is in your account what do you do? Simple answer, be sensible with it. It is your own hard earned money and should be defended with the same care and skill which you apply to your regular bankroll.

Monday, March 15, 2010

Overcoming bad beats in Texas Hold'em

In order to win at Texas Hold'em or for that matter at any poker game, you need to have the right strategy. The kind that helps you win pots of money. Your poker strategy could be based on any aspect of the game ranging from specific in-game theory to the psychological aspects of play.

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A major setback to any poker players' game is a bad beat. The kind that drops you from the high of being all in on the flop with top set against two over cards, to the low of being outdrawn to a runner-runner flush. This is where your strategy comes in, where you have a game plan before playing your next hand.

Losing a lot of money in the game can be pretty frustrating. An aggressive player will determinedly chase after it for the rest of the session while attempting to pull off huge bluffs and losing more money in the bargain. Some beats are so bad, they drive you insane and you waste the rest of your chips on that ten-high flush draw.

Do not lose heart; there are ways in which you can avoid such an obvious leak of chips:
Take a break: Cool off. Poker is a mind game, and your mind needs some rest, sometimes. If you return to the game in a rational frame of mind, the probabilities of you playing at the top of your game and winning your money back are higher.

Think in terms of expectation: Think of the money you had expected to win on the hand that you lost with. As for instance, if you hold an AA against an AK pre-flop, there are 90% chances that you could win the hand. You could use an odds calculator to figure this out. You can now say that you won 90% of what was in the pot, the 10% chance of losing being an occasional situation that caught up with you this time. Okay, maybe you lost this particular hand but later on you will be winning more.

A poker lover will come across bad beats at some point of time in his play. It is what makes the player sharpen his skills at the game and not just depend on luck alone. What is important is that we overcome the bad beats by playing the right strategy.

Sunday, February 7, 2010

Online Poker Bonus

Online poker bonus is an integral part of Internet poker. Just a bonus won't make you a winning player, but it can definitely help you along the way. These bonuses are perfect for those who are building a bankroll. The bonus can cover up for mistakes new players commit or just be extra cash on top of the winnings from the game. The most common and popular type of bonus is the sign-up match bonus where a site offers you money for signing up with their site equal to a percentage of the initial deposit.This percentage can be 100 percent or even more with some site promotions. The concept of an online poker bonus has a few online poker bonuspros and cons associated with it.

Pros:                                                                                    1.Financial Benefit
The most obvious upside to an online poker bonus is that it fetches you free money. All you have to do to get it is sign up for the site with the proper code and play on the site, which you would do anyway. If you're a winning player, this increases your expected value. If you are a losing player, it can stop the bleeding and if you're somewhere in between, it can put you over the top.


2. Shopping Around
The online poker bonus is a feature that attracts a player to any site.The online sign-up bonus allows you to test out a new site without investing too much of your own capital. You can play as long as it takes to release the bonus, and if you decide you enjoy playing on that particular site, keep going. If you don't care for it, you can take your bonus money and head elsewhere.
 
3. No Obligation
Collecting a sign-up bonus from one online poker site does not preclude you from collecting another one on a different site. All that is required is that you play the requisite number of hands to clear the bonus into your account. Beyond that, what you do with your online poker time is up to you.


Cons:
1. Clearing Requirements
You will not be able to collect your online poker bonus until you play a certain number of raked hands, usually determined by the size of your bonus. This is a reasonable requirement on the part of the site, however, if you decide you do not like the site right away, you will still be stuck playing on it for awhile in order to clear your bonus. Fortunately, most sites have non-sticky bonuses, which mean that once you meet the requirements you can withdraw all of your bonus money without penalty.


2. Time Requirements onine poker bonus
Most sites require you clear your bonus within a given amount of time. If you deplete your bankroll and cannot reload your account in time to play the given number of raked hands, you may lose your bonus. If you play a super tight no limit texas hold’em game, clearing a bonus might take some time.

3. Overconfidence
Resist the temptation to see the bonus chips as house money. The online poker bonus  is real money that belongs to you, and you should treat it with just as much respect as money you earned from your job. Playing recklessly with bonus money because it was so easy to get is just a waste.


In short online poker bonus can be considered as an incentive that is given by a poker room to players.The bonuses come with a code that needs to be entered at the time of depositing, this code is the bonus code. The rate of how fast a bonus will clear is called the clear rate and the expiration time is the time available to the players before the bonus expires. These are some of the terms associated with an online poker bonus.