Archive > February 2009

Rake Contribution Methods

Mark » 27 February 2009 » In General Poker » No Comments

Poker rakeback is an excellent way to increase your poker winnings or limit your losses.  In order to make the most of your rakeback deal though you have to know the method your poker room uses to calculate your rake contribution.

Your rakeback is directly dependent on the amount of rake the poker room allots to you.  This is called your MGR and the more you have of it, the more rakeback you’re entitled to.

Different playing styles yield different amounts of MGRs and different poker rooms use different methods to determine individual MGRs.

Some of these methods offer advantages for certain playing styles over the others.  This is why it’s extremely important that you determine which of these rake contribution methods fit your playing style the best.

The dealt rake method takes the resulting rake in a hand and divides it equally between the players who are dealt into the hand.  That’s right, if you’re not in one of the blinds, you do not even have to commit a single cent to the pot in order to earn MGR and thus rakeback too.  This method obviously offers an edge for tight passive players, who will have loose aggressive guys generating rake back for them.

If you’re a loose player who likes to fling his stack around recklessly, signing up for a rakeback deal which uses this calculation method isn’t exactly the best choice.

The contributed rake method is an improvement in terms of fairness over the dealt one.  The software only allots MGR to players who actually put money into the pot.  Those who don’t, do not earn any credit.

The problem with this method is that the resulting rake is still distributed equally among those who do put some money into the pot.  This way, a player who puts a lot of money into the pot will still generate rakeback for the guy who only puts a little.

The weighted contributed rake method is by far the most accurate MGR calculation method there is.  The algorithm that calculates your contribution only considers players who actively contribute to the pot.  Not only that, but the MGR is determined by taking the contributed amount into account as well.  If you contribute more money to the pot, you get more MGR and you’ll be eligible for more rakeback too.

If you’re a loose aggressive player, this is definitely the MGR calculation method you want to play by.

Make sure you know these subtle aspects before you sign up for rakeback.  Rakeback will offer you an edge regardless of the rake contribution method used by the poker room, but how big an edge it gives you should also matter.  As a poker player, you are obliged to make the most out of every opportunity you encounter.

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Poker Propping

Mark » 26 February 2009 » In General Poker » 3 Comments

If you already know what rakeback is, it’ll be extremely easy to get your mind around the concept of poker propping.  Square rakeback deals offer you around 30-50% of your rake back.  For most players, that represents a significant addition to their bankroll as it is, but there are always people who are hungry for more.

Poker Prop deals offer players rakeback percentages between 80-135%.  That’s right.  I know over 100% rakeback means you’re actually getting paid to play poker there, but these are real deals and they are responsible for turning many a losing online poker player into long-term winners.

There are some rakeback providers out there who have a nice selection of poker prop deals slapped to their offer.

Whenever people hear about such generous rakeback percentages, they immediately become suspicious that there may be a scam in the background.  After all, why would a poker room ever pay someone to play there?  If you know a thing or two about the online poker industry though, you’ll find the answer quite self explanatory:  Poker rooms pay certain players to play there simply because they desperately need to fill up their critical player liquidity.

To have your critical player liquidity in good shape means to have plenty of players on most of the popular limits playing at all times of the day.  It should be quite obvious why a poker room cannot function without its critical player liquidity.

Newly started poker rooms have few means to attain their critical liquidity and one of the most efficient ways is through offering poker prop deals and sometimes even square rakeback.

Now then, if you access a prop deal provider’s site, you’ll see that while regular rakeback deals are listed together with a review of the site that offers them, poker prop deals don’t reveal the name of the site which “hires” the props.

Some find this too suspicious.  Again, I have to tell you there’s nothing shady about it.  Here’s the reason why the provider withholds the data regarding the poker room: most online poker rooms are not exactly proud to resort to seemingly ‘desperate” methods such as prop deals.  Prop players are generally regarded as skillful sharks by the poker community (although that is hardly the case – most props are previously losing players who have found a way to turn the tables on the action through propping).  Nobody wants to play against such “sharks” and therefore the whole setup may end up providing unwanted negative publicity for the outfit.  That’s why you won’t ever get to know the name of the site till you sign up.

All sorts of details regarding the prop deals will be available though, and you will find out about the poker room too just as soon as you sign up. Whether or not such secrecy is efficient is debatable, however the poker rooms insist on it, and therefore the providers cannot disclose these details to the public.

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Making Ends Meet

Mark » 23 February 2009 » In Online Casino » 2 Comments

You just don’t know what is waiting around the next corner.  Everyone’s life is full of twists and turns, highs and lows, good times and hard times – that’s life!

A conversation at a family function over the weekend stuck in my mind…

It went something like this… “….only a week to go until payday… we’ve just got to hang in there… we can do it…”  And, I wonder how many people are saying these words or something similar, right around the world, because the economic situation is global and being felt everywhere.

Last year we went on a fantastic holiday, we were living the good life… and then along comes a twist and turn and now we are wondering how to make ends meet… that’s life!

And then great aunt Martha tracked me down… once aunt Martha gets hold of you, you are pinned down… not for a count of three… no ways!!!  She makes sure she gets her point across and there is not a lot of listening on her side… I have learnt the hard way… to nod politely and agree to everything.  There was only once that I disagreed and I won’t do that again!

Markie boy aren’t you into online poker?   Ye….yesss aunt Martha.

Well me and the girls have discovered cash bingo, do you know how much you can win?  And before I could answer… I had online bingo explained to me… Aunt Martha is on a high at the moment she has something new to look forward to.  And good for her!  Her husband left her a tidy inheritance so she doesn’t have to worry about making ends meet.

Other family members on the other hand do have to consider balancing the income and expenditure…

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Online Casino

Mark » 13 February 2009 » In Online Casino » 1 Comment

Having a bonus to play on can double, triple or even quadruple your chance to win big. But although bonuses are free money, some come with some strings attached. Specifically, if you accept some bonuses, you may be required to give an online casino a specified amount of action on their tables or slots in order to cash out your bonus or winnings.
This action is called the wagering requirement. A casino dairy can consist of a set or list of casino games having the reviews and the strategies of the related games. It can include all kind of information relating to the casino world. Even a collection of Poker Rooms and online games of US Casinos reaches to forming a casino dairy.

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Online Roulette…

Mark » 12 February 2009 » In Online Casino » No Comments

If you like playing roulette online then www.roulettegamesfree.com is the place for you.
Here you can play free online roulette or win top prizes with real bets in cash as well as get the best advice on where to play roulette and get free bonuses to start off with the right foot. You will be able to learn the basic roules and betting structures for begginers. Also they have a good strategy section which contains a few interesting articles and after reading them you will probably make your chances of winning big a bit higher…

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Learn to Play Roulette Online

Mark » 05 February 2009 » In Online Casino » 1 Comment

James emailed me the other day and was asking me about tips on roulette.  I told him what I could about roulette, but poker is really my game and what I know about spinning a wheel and putting a ball in … for it to then finish up on the number that I guessed it would end up on…. is dangerous!!!

Errr… ummmmm… try betting on red now…. or hold on maybe you should rather go for the black heh, yep I have a feeling its going to be black… 

No just kidding, I do know a little bit about roulette - its really about knowing the odds for all the various betting combinations and then placing the optimum amount on the bet, according to the odds of the outcome.  So know that I have totally confused you and myself… 

When I was emailing James it suddenly occured to me that he was not learning to play free online roulette but was playing with real money and it was costing him big time!

Whilst you are learning about roulette or if you just want to have fun and don’t want to play with real money – then play free online roulette.  It’ll save you having to learn the hard way or should I rather say the expensive way.

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Tips on Choosing Banquet Halls for Poker Theme Parties

Mark » 02 February 2009 » In General Poker » 1 Comment

When it comes to banquet halls, there are many to choose from in different price ranges and styles for a Poker party.  Choosing a banquet hall needs to be one of the first tasks on your check list in order to stay within your budget for everything including party supplies, entertainment, casino chips, food, etc. Picking a place to hold a gathering is not as easy as one might think; a lot of preparation and time must be spent in details of laying out the poker tables.

A hall should be chosen for location relevancy, occupancy capacity, price (if important), casino equipment, and design. Some common things you will want to look for in any banquet hall are the following:

1. What is the maximum capacity?  How many Poker tables does it hold?

2. Time limit: Make sure you understand how long you will be renting the hall and how much it costs if the poker party games run over in time. If there is any chance the event could run over in time, make sure the space is available at the time. Many places who rent out halls typically have more than one event daily/weekly.

3. What is included in the banquet hall rental? This is very important to check the specifics on. In other words, you might be renting the hall for a good price, but then it might not come staffed with knowledgeable casino workers. Make sure if you are looking for the event to be staffed by the hosting employee’s crew, you understand the conditions and what the limitations are. This is often a big and common problem if not addressed immediately.

It is important to discuss all details before you commit to utilizing a banquet halls service for a poker theme party.  Without doing so, you might end up with a bigger bill than anticipated, problems and possibly a rocky event.

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