Monday, November 17, 2014

0 to a million in 1 year playing online poker. part 6. Back to Basics

Well i just thought i would explain some basics of poker for you who don't know

TEXAS HOLDEM POKER.





Texas hold 'em (also known as Texas holdem, hold 'em, or holdem) is a variation of the standard card game of poker. Texas hold 'em consists of two cards (hole cards) being dealt face down to each player and then five community cards being placed face-up by the dealer—a series of three ("the flop") then an additional single card ("the turn" or "fourth") and another additional card ("the river" or "fifth street")—with players having the option to check, bet, raise or fold after each deal; i.e., betting may occur prior to the flop, "on the flop", "on the turn", and "on the river".

So what does all that mean? What's a flop? what is a turn?

Here we go i will break it down

1. Everyone at the table gets 2 cards face side down (that you do not show to anyone else).



2. The Button. 

This represents the person dealing.

3. Small blind/Big Blind. 

The person next The dealer is the small blind.
Now the reason for the name blind is he bets blind. Meaning he has to put some money in before the cards are even delt. And the big Blind must do the same but double the Small blind. And everyone else gets to look at their cards to see if they want to bet or not.

To make it simple. The small Blind will pay $1.00 and the Big blind will pay $2.00.

This can change, depending on the games you want to play.
This can be 1c and 2c blinds or $1000 $2000 blinds,
So we start off low and play at 1c and 2c blinds and then you get better you can go to games with bigger blinds.
Like
(5c 10c)
(10c 20c)
(25c 50c)
(50c $1.00)
($1.00 $2.00)
($2.00 $4.00)
($5 $10)
($10 $20)
($25 $50)
($50 $100). There are always plenty of games from play money to large amounts. You can always get regular games with $5000 $10000. per hand

What Level should i play?

Normally to play a game you want 100 x the big blind to play per game.

So you login and look for a game that is in your budget.
If it is 1c and 2c blinds.
You will need to bring in $2.00 to the game. (2c X 100 =$2.00).

And if the blinds were $1, and $2 you would want to bring in $200.

Just one more thing before i tell you about the rest of the game.
The above example of $2.00 a game means just that you will ned $2.00 to play that game.

So if your total bank balance is $2.00 you will get 1 game if you lose. So i work on having 100 x Buyin ($2.00) = $200 So you want

Example 1. 

Total bank Balance $200
Max bet per games $2.00
So look for 1c 2c blinds.
Total minimum games you can play 100

Example 2

total bank balance $1000
Max bet per game $10
5c 10c games.

So in my formular you will need $20,000 before betting on $1 2 blinds

= $200 So you want
Total bank Balance $20,000
Max bet per games $200
So look for $1 $2 blinds.

Ok back to the game.

The small and big blind automatically bet. And the big blind amount is now the minimum bet you can bet.

Then the cards are dealt. Everyone can look at their cards.

From here you decide two things.
I should i play   or i shouldnt i play.
We decide this on how good our hand is.
If you don't want to play you FOLD and you wait untill the next hand.

If you "want to play" you have 3 options.
You can Call
You can raise.


This means you put the same amount of money as the Big blind

SO the person to the left of the big blind is first he needs to put in  2 c. to play. Or he can bet more. It then goes around the table.



LEARN ALL HOW TO PLAY POKER HERE

Weekly target $3.80
Weekly actual $227.48Previous weekly total $154.23
Increase $73.25
Total Per hour $00.43c


Oh by the way whooo hoo we made it over $200