Poker A Novice’s Guide – 5 Card Draw The Basis Of Poker Games

You wont find 5 card draw poker in the casino or online much as newer hybrid varieties are more popular.

However 5 card draw is the basis of all the new games (including the poker found on video slots) So lets learn it here and you the basics covered, before you look at all the variations.

Poker is actually a very simple game to play but can take years to master and is essentially a game of psychology and is one casino game where the best hand does not guarantee you will win.

Lets look at the basics of 5 card draw poker.

Playing the Game of 5 Card Draw Poker

5 Card Draw Poker begins only when all players place an ‘ante’ or opening bet into the ‘pot’ (on the table).

There are certain variations concerning the betting, and the game is often nicknamed after these.

After the antes are all in, the dealer will deal five cards to each player, all face down.

In 5 Card Draw Poker, all cards are hidden until the hand is over.

Because of this there is no real information on who is holding what.

The only clues you can get, are bet amounts, the ‘tells’ or nervousness or confidence of the players, and also how many cards each player drew, and of course, there is the prospect any or all of them could be bluffing.

This is really what makes poker so exciting the expectation and anticipation. This especially 5 card draw poker, as you really wont know who is bluffing, who has a good hand, who not, till the very end.

The Games Routine

Now the player to the dealer’s left can either bet, with an option to bet ($5 at this point) or to check, meaning to pass, or fold (drop out of the hand).

In case the first player bets, the second player can no longer check. He can his only call, raise or fold. Usually you can only raise 3 times per hand.

After this round of betting in 5 card craw poker, the players remaining in the hand have the option to replace cards in their hand with new cards.

Again, the player to the dealer’s left is the first to ‘draw’ (take new cards for those he has discarded.

He can discard from 1 to 4 cards, and in some games all 5). Next, the other players draw in their turn.

The way to draw is for you and select the cards you don’t want, remove them and remove them from your hand.

Next you give them to the dealer, at the same time saying how many cards you want ( note you can only take as many cards as you give to the dealer).

The Technique of Replacing Your Cards

As we said above, you can replace 1 to 4 of your cards. Some games even allow 5 but it doesn’t really bring an advantage for you to do that in 5 Card Draw Poker.

Even where you draw four new cards all will assume you are holding an ace, so you give away some clue to your hand. In poker, the less information you give the better. Its bad play to ask 4 cards.

Therefore, the players will draw from none to 3 cards.

The player who draws no cards is known to be “pat.” This means to the other players he has a strong hand like a straight, a flush, or a full house, or of course he could be bluffing.

However there is a kind of bluff that’s used to create the impression of strength.

In this situation a player normally could be holding two pair or three of a kind, and will draw no cards.

This is a ploy in which you give up a potentially important chance to improve your hand, in return for creating the appearance of even stronger hand than you have.

In the same thinking you might be holding a completely worthless hand will draw no cards.

You hope to send out a message of strength, and if you combine this with strong betting and raising, you might actually win with all folding before you.

The Conclusion

Now after everyone has drawn their cards we have the second and final round of betting.

Here in our example you must bet at $10.

It is the player who opened the betting on the first round who starts the betting on the second round.

After all the betting, calling and raising is done, the hand is over, and if more than one player is left, all the players lay their cards on the table so everyone can see who wins.

Winner, Winner Chicken Dinner: How a Basic Horse Betting System Works

Winner, winner chicken dinner: How a basic horse betting system works?

Gambling is in the genes of many people. And, men especially love this form of recreation. Legit gambling sessions are available on various sports and various things. However the most common form of gambling is the horse racing gambling. Bets are placed upon the outcome of horse races, and the winning horse and his or her backer takes them all.

So what are the types of system the gamblers use in order win big?

Horse Race Gambling Systems are widely available over the internet; in fact many websites always promote the use of these systems. Betting systems are a great way to understand what type of bet you need to put on in an upcoming race so that you can win that big prize. In fact betting via the help and aid of these systems can actually yield good and positive results for you. This is because of the fact that these systems have been made and hooked up only to give out accurate results when it comes to betting. And, since accurate results are pretty important in the field of horse betting, it is actually a win win situation for all.

What do these systems take into account when they make a prediction?

As we know, making predictions out of the thin air is not a joking matter. Of course, inputs are very vital too. Even top rated tipsters and pundits look for background history before they make a prediction.

It is the same with these horse race staking systems. These systems take the aid of statistics and mathematics; and then need the data so that they can analyze it. These types of analysis are pretty helpful in an event where you need to make predictions as per the given data. And, all the horse race tipping services provide bet makers with these accurate finds so that they can place bets on winning horses. Of course, in return these service providers charge the bet makers; however it is understood to be a mutually beneficial thing.

What are the other inputs that these systems take?

Well, these horse race professional gamblers rely on data like horse’s current form, the jockey’s current form, the draw of lots and other things. In fact, some of the betting systems also include various odds and other minuet details so that correct information can be given out to all bet makers. All this is done to make sure that the prediction is more than accurate.

Horse Racing Betting Strategy to Avoid Ruin

Gambler’s Ruin is a term that has been applied to several mathematical theories. The basic idea is that the longer you gamble the more likely you are to lose. That may sound incredibly simple, but how many people try to grind out a living gambling at the horse races day after day and finally tapping out? The first and most obvious point is that when you gamble against a player who has a bigger bankroll than yours, you’re at a disadvantage because he can last throw losing streaks longer than you can so he will eventually win your money.

But wait, you say, the horse races are different because I don’t gamble against the track, I gamble against the other players. Think of the other players, the pools that are put forth every day on each race, as a never ending source of money. Isn’t that how you would like it to be? You want to think that the money will be there everyday and if you figure out how to handicap well enough you’ll be able to dip into that pool every day and take out a profit.

The problem with that line of reasoning is that it is a source of wealth much larger than yours that you are gambling against. No matter what angle you use, eventually you’ll experience losing streaks. Those losing streaks over time will eat up a grinder’s roll. The pools at the race track will be replenished every day, unlike your own bankroll that is much more limited. The problem is “churn,” a term used in the gambling profession to describe what happens when gamblers keep reinvesting their money until the takeout eats it up.

The math doesn’t lie, but there are ways to reduce the effects. For one thing, bet less often and try to make more per bet. In that case it makes more sense to bet on long shots, if you can pick live bets. Another approach is to only gamble with amounts that you can replace on a weekly or monthly basis. You will still have losing streaks and times when you won’t make a profit, but if there is more money coming along, you won’t go broke. The problem with that, of course, is that you may be bleeding money week after week and year after year. There are no simple solutions to horse racing handicapping profitability.

I prefer to play the races for a while and then take a break. I keep track of my money and consider each foray a gambling campaign. Reducing my horse playing to sessions and campaigns makes it easier to manage my money and to have success that bolsters confidence. Dividing my play into a set number of races, say forty or fifty races, I can track performance and make adjustments.

How to Profit From Sports Gambling

The goal for sports punters is to earn a profit whilst enjoying our favourite sport. The sad truth is that for the majority of gamblers, this is an elusive dream. However by developing and carefully following a stratagem anyone can make this dream a reality.

There are two factors to consider to profit from sports gambling:

  • Bet Selection
  • Staking Plan

Bet Selection

The first, Bet Selection, is obvious – we need to back winners at least some of the time. Let’s consider Horse Racing, anecdotally there are many professional punters who earn a comfortable living from picking horses, but the key word here is professional. Research and analysis of each horse in the 59 racecourses across the UK takes a sizeable amount of time and experience. If you want to be successful then it’s a full time job! For the majority of us this means we have to use the advice of experts to do some of the legwork for us.

Horse Racing Tipsters

UK horse racing has no end of self-proclaimed “experts” on the Internet charging up to £100 per month. When selecting a horse racing tipster the most important factor we need to consider is long term results.

The Internet is awash with tipsters who have had one good month but then go on to post a loss for the next six – but you will only see this one month on their home page! Never follow any tips without first checking the tipster’s full result history. Choose a tipster who publishes all their horse racing tips history, ideally where the results of the tips are published the next day along with a complete history of all their tips.

Take a look at a Tipster Proofing site such as Racing-Index who grades the results for a number of tipsters. Consider which tipster gives you gave for money and fits with your own betting profile – can you actually place the 100s of tips each month some tipsters require?

Following tipsters alone is not likely to earn us riches – the best tipsters are locked out for new members or charge such high rates that any profits are lost immediately. The solution is to develop our own system using tips from expert sources combined with our own research. This is the strategy successfully used in greyhound racing by followers of the site. As with most things; the more you put into your system the more you will get out.

Staking Plan

Once we have a betting strategy in place it is time to look at a staking plan. The simplest is Fixed or Level Stakes where we simply bet the same amount, for instance 2% of our initial betting bank, each time on our selected horse, however we would want to increase our wagers as our betting bank grows. This leads to Percentage Staking where a percentage of the current betting bank is wagered each time. This means as we win our stakes are larger and conversely the stakes shrink when the betting bank decreases.

However, intuitively we know these staking plans to be overly naive as we would be putting the same amount of money on a horse with low odds compared to a horse with high odds. As we are looking to maximise our profits we should be putting a larger stake on a low odds bet as the return will be less.

To find the optimal staking plan we could take a correspondence course in statistics and dedicate several years into research. Fortunately we live in age where this research is at our fingertips. From probability theory we have the Kelly Strategy where the optimal percentage of our betting bank is calculated from the odds of the bet and our own estimate of the probability of the horse winning.

Using an online Kelly Strategy Calculator just feed in the values to get the percentage of the betting bank to put on each horse. Now the Kelly Strategy can give us some scary percentage stakes if we have an initial run of high odds horses so we could adapt it to a Half Kelly Staking Plan where we wager half the percentage advised by the Kelly Strategy. This would result in a slower accumulation of gambling profits but a less hair-raising ride.

The most important sports gambling advice to heed is only bet with funds you can afford to lose. Always gamble responsibly – if you feel you need help and advice with problem gambling visit http://www.gambleaware.co.uk.

The Capitalization of Dead Money

Pretend you’re sitting in a 10 handed $5/$10 NL cash game and you raise to $40 from early position with pocket 6s. The action folds to the big blind, who defends and calls your raise. The flop turns over Qs5d3h. Your opponent checks to you and you’re looking at a pot of 85 dollars. Should you bet? Why? What would you be trying to accomplish if you bet? You most likely wouldn’t want your flop bet to get called because you know your opponent either would be likely beating you or at least live (has some number of outs to beat you). Also, if we know our hypothetical opponent in this example would never fold pocket 7s or better, then you wouldn’t be looking to bluff him out of the pot with your flop bet. However, there is 85 dollars sitting dead in the middle of the table. You could win it just by betting.

This may sound like a value bet but there is one main difference. A value bet is generally a bet that you want your opponent to call with a hand worse than yours. You clearly would rather not be called here because you would have no clue if you were actually ahead in the hand or not. You definitely wouldn’t want to get check-raised because pocket 6s cannot stand much resistance on a Qs5d3h board. When you bet with a hand that is probably winning but overall fairly weak, you’re generally hoping your opponent will fold and you can pick up the pot immediately. The primary reason for your bet is not value; it’s strictly to win the pot. This concept is called the capitalization of dead money. If your bet makes your opponent(s) fold, whether or not you had the best hand, and you win, you just capitalized on the dead money that was sitting in the pot.