ONLINE POKER IN 2017
In 2016, online poker and casino gambling generated $3.4 billion in revenue and its revenue increased to a $4.4 bln in 2017, according to an Eilers Research report. The gambling industry is expected to reach up to $91 bln and it has no intention of slowing down. Especially since the online gambling market boom on smartphones has gained worldwide traction.
The internet changed the face of casinos and gambling. In 1990 Microgaming and Cryptologic created the first online casinos. Most would be shocked to see how far internet casinos have come since their birth in the 90s. At that time, there was only limited game selection and the software was not nearly as as modern as it is today.
ONLINE CASINOS CHANGED THE GAME OF POKER FOREVER
Since then, online gambling has become a very lucrative industry indeed. There are dozens of online poker sites with different games and bonuses to punters worldwide. All a punter needs is an internet connection. At that point, they can play various casino games, place bets on sporting events, play online poker, and check out sports betting.
The online poker market grew very quickly. Online gambling sites offer competitive offering large bonuses for new punters and a loyalty club for their most loyal punters. In 2016, 57 million monthly active users played social poker, and many of them played via Facebook.
SHARPEN YOUR ONLINE POKER SKILLS WITH ATTENTION TO DETAIL AND PRACTICE
Online poker is one day you’re up and the next day you’re down. Accel at the game of poker by doing your homework and checking out the following tips. Becoming a good poker player requires practice and attention to detail. Largely most online poker players lose because they don’t put in the time to sharpen their skills and focus on their strategy.
1. BANKROLL MANAGEMENT
Bankroll management helps a punter stay in control in this game of chance. To ‘Play within your bankroll’ is a technique where a punter brings only a small percentage of their poker bankroll to the table at a time. Poker pro player Chris Fergusen recommends to never buy into a cash game or a Sit & Go with more than 5 percent of your total bankroll.
You always need to have enough money in your bankroll to absorb the downswings of online poker. If a punter doesn’t have a sufficient bankroll, then they run the risk of losing it all.
2. STUDY THE GAME OF POKER
Studying the game of poker is key if you want to learn how to open the door to becoming successful at online poker. When you think of all the different experts and their strategies, then you know how important it is to study and research their poker insight. A smart gambler know that they can never stop learning because you’re only as smart as what you know.
Check out the top online poker sites to see which one is the most popular and then read their reviews. Hand histories and poker tracking software can give you an edge on your opponents. Poker Tracker and Poker Table Ratings are popular online sites that can help you make more informed decisions about where you play. PokerScout.com offers a report of the top online poker websites used to date and Pokerstars.com ranks foremost with 52,726 users.
3. TAKE NOTES WHEN YOU PLAY POKER
Observing your opponents’ style of betting can tell a lot when you play poker. You might see an exact tell, but you’ll be able to spot patterns in betting. Online poker doesn’t have the face-to-face interaction that live poker has, yet if you’re observant there is still a ton of tells you can discover through betting patterns, timing tells and even screen names. Check out online poker games that offer the added benefit of seeing what players are typing in the chat box.
4. FOCUS ON ONE GAME
Stick to one game and your focus will allow you to concentrate on its angles therein learning it more quickly. You’ll learn and master the nuances and strategies of its basic rules with a dedication that would have been scattered had you been jumping from game to game. While game hopping is fun, it’s costly. Focusing on one game and then finding a variation that is your favorite is smart gambling.
5. REVIEW YOUR HANDS
What hands do you play and how do you play these hands in different spots? Who do you play hands against? And what could you have done instead? This line of analytical thinking is exactly what a punters mind should be considering. An online poker player should spend the same amount of time studying their hands as they do playing.
6. STRATEGIZE YOUR GAME
- Set a schedule for how long you play poker and for when you are going to take breaks.
- Set target goals like the number of hands or tournaments played.
- Speak with an accountant about how you’ll pay into your taxes.
- Understand how much money to set aside money for taxes.
- Implement a strict bankroll management.
7. LISTEN TO THE PROS
Listen to pro advice and aspire to play at higher levels while learning their techniques and strategies to online poker. Deuces Cracked offer online tutorial videos from top poker instructors on advanced techniques in poker. To play like the best you have to watch and learn because watching online poker pros play and multi-table can improve your game.
Check out the top Twitter tipsters in online sports betting and follow them now to be up-to-date with cutting-edge tips and insights.
8. FAMILIARIZE YOURSELF WITH BASIC CARD AND POT ODDS
Without basic knowledge of odds and outs, it’s difficult to know the correct play to make. Identifying the common draws in online poker calculates the chances and odds of hitting your hand. Know the number of outs or potential number of cards that you can hit when you have a open ended straight draw, a flush draw, a gutshot, two over cards, or a combination of any of these drawing hands on the flop. This allows you to calculate the odds of improving your knowledge of the game.
Don’t forget to consider the amount of money the other player has left behind in their stack, so you can more accurately predict the implied odds. This allows you to calculate how much actual money you can expect to win if you do happen to hit your hand.
9. YOUR POSITION IN THE PLAY
It’s always better to be the last person to act in a round than it is to be first. You get telling information from the way punters play their hands. Good online poker players measure the value of their hole cards in relation to their position at the table among other factors.
Late position is a big advantage over early position. Watch poker on tv and you will see those poker pros leveraging their position to make strategic bluffs and bets that they wouldn’t have made from an early position.
10. BLUFF NOT
It’s not as common or as necessary to bluff as punters may think. When first starting out a punter can be more successful by not bluffing at all.
DO NOT try to run an elaborate bluff at any stage of the tournament because it will only lead to disappointment. Your fellow punters only care about their cards and they most likely won’t realize your bluff. Chances are they just want to get to showdown and win like you.
11. Get your money in the pot.
Do not slow play your hand. You will set yourself up for big losses if you do. Play your hand aggressively and get your money in the pot! If you’re afraid of making big bets, you’ll find yourself consistently getting outdrawn. Err on the side of making too big a bet rather than too small.
12. PLAY FEWER HANDS
By playing fewer hands, you’ll lose money more slowly allowing you the ability to learn from your mistakes. Playing too many hands is the number one mistake made in online poker.
13. PUT YOUR MONEY IN THE POT
Do not slow play your hand. If you do, then you can set yourself up for big losses. Rather play your hand aggressively and put your money in the pot. Better to make a big bet rather than a bet that is too small.
14. KNOW WHEN TO FOLD THEM IN ONLINE POKER
Don’t ever play poker on tilt. If you’re playing poker to escape boredom, you’re probably playing too many hands or you may get involved with higher stakes just to feel stimulated. If you’re playing when you’re frustrated or tired, you’re going to play much more loosely and you won’t pay attention to details, obvious tells and you’ll neglect note taking.
Poker punters must train themselves to remove emotion from the game. When bad or good things happen, then a balanced poker punter doesn’t let it affect them and their decisions.
15.PROTECT YOUR WINNING HAND
When you feel like you have a winning hand, take an aggressive line by betting or raising in order to protect your cards. Then make sure that you make your fellow punter pay for a free card. That way if your fellow punter bets into you on the flop, raise to giving them the wrong odds and chase their draw.