casino poker games guide online
 
 
 
get online poker games tips here
 
 
 
poker

 

 

Player Likely Lose?
 

How much money should you take with you to the casino? Too many chips are impractical and provide too much temptation. Too little and you might run out of money with embarrassing haste if the games goes against you, and the chance of a wipeout is naturally increased the less you bring. A simple method to determine how much to bring to an individual session of Online Baccarat Games is given below:

Determine how many hands you want to play, and what you will bet on average per hand. So, in a session of five hundred hands, with a typical bet on the banker of $10, the player should expect to lose: 0.0106 (the house edge) x $10 (average bet) x 500 (number of hands) = $53

Note: this doesn't mean the player will always lose exactly $53 after five hundred hands. That's just the most likely single outcome. If you add up all the other possible outcomes you'll find that it's very unlikely to occur. Your actual results will usually be just above or just below this figure.

Standard deviation on a single banker bet is 93 cents on each $1 wagered. You can get your overall session fluctuation by multiplying this ratio by the bet and the square root of the number of hands.

The square root of 500 is 22.
0.93 x $10 x 22 = $204-your overall fluctuation.

With this figure you can work out how many chips to buy. By multiplying your overall fluctuation by 3 and adding your expected loss, you get the amount of money you will lose, less than 5 percent of the time during your session-in this case $656. So, capital of $700 would be more than adequate funds for your session.

 
 
Cheating
 
Poker took on its modern shape in the mid-1800s at the hands of Mississippi River con artists for the sole purpose of cheating travelers out of their money. In his autobiographical book 40 Years a Gambler on the Mississippi, George Devol meticulously documents the poker games he played "on the square," implying that he saw cheating as standard procedure and his participation in honest games as something like acts of philanthropy.

Despite that inauspicious origin, cheaters in the poker community are rare today, at least as far as I know. The topic appears Mainly in the form of apocryphal RGP posts or discussions about the rules or procedures needed to minimize the possibility of collusion. If your limits go above $10 big bets, word on your game spreads around the county, and strangers wearing leather jackets and sunglasses start showing up at your house on poker night, you might have to be watchful for cheats. Otherwise, you really don't have to worry about it. Hopefully, the people you hang out with are honorable. And even if they're not, the reality is that the risk-to-gain ratio of cheating at poker makes it a stupid play, especially for someone at a home game who probably belongs to the social circle of the other players.
 
eXTReMe Tracker copyrights © 2005 all rights reserved. Online Poker Guru