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The Rise of Online Poker Friday, Apr 30 2010 

Nobody could have anticipated the rapid gain in popularity when the poker game was invented, but it happened almost immediately from its introduction and poker games became very well known, very fast.

Playing poker revolves around creating certain combinations from the cards that have been dealt. It is an easy game to master, requiring a little skill and even involves some acting abilities. The combination of this combined with a dose of luck is the main attraction to poker, it is not merely a game of chance but also requires strategy. This attracts large amounts of players and some are even known to become addicted to playing the game.

Initially the only place where a player could participate in a game of poker was at the casinos. A fee would be charged for entering the game and there would be bets on the round of poker themselves. This all changed with the arrival of the Internet, which greatly attributed to the popularity of the game.

Most likely, playing poker is among the most popular games that are played at the online casino sites. Besides the paid variant, a lot of online casinos also offer free online poker games. For novice players that are new to online poker, the game entails lots of entertainment by providing a fun challenge. Online Poker is a game every online casino offers, but there also are websites that are dedicated to the card game.

The poker games one can play at the online gambling sites are generally the simple variants of the game, the most common ones. The poker variant that is most popular online is without a doubt “Texas hold’em”. This particular variant of the poker game requires more poker skills and also more acting abilities. It is the game where the term “poker face” comes from.

The best types of poker to play are also the simplest ones. For this reason most online gambling sites only offer the main types of the game and not the lesser known variants, which are less popular and have not got such a large fanbase.

Besides online casino variants there are many other types of poker one can play online like strip poker, which is basically a regular game of poker, but instead of money a player bets clothing. The offline version of this game can be a source of entertainment provided it is played with the appropriate crowd.
In a way Strip poker is a parody of the regular poker game, but it still is a poker game in every sense of the word.

The simple variants of the game are offered on many sites, where they can be played online in your browser, but there is also video poker that a player can download. These games typically have excellent graphics, and through them a player can compete with other players online. It is a good source of entertainment and if a player is any good it can be a good source to win some money also.

Another aspect of online poker is the tournaments. These events have gained in popularity at an amazing rate, as even TV is broadcasting them. Players able to enter in such tournaments must possess excellent poker skills, and while the stakes are high, so are the spoils for the winner.

It is no wonder that online poker gained so much popularity in such a short time, considering the fact that thanks to the Internet, players can now enter into poker games for free or participate in paid versions of the game, and all this from the comfort of their own homes.

M.A.H.

The Gambler’s misconception Thursday, Apr 15 2010 

Say somebody suggested a wager to you where the bet would be that this person could toss a coin and have it come up with the heads side for ten times in a row, and in order to ensure fairness this person would allow you to select the coin to do it with. What chance would you give him to succeed? Many, if not all would consider the odds to be against this person and think they could safely offer odds like a thousand to one and still have a high expectancy of winning.

Let’s take the same wager only this time the person in question has already tossed the coin nine times over and heads has come on top every time. What chance would you give him? The same as before? If so you would be wrong and this error is the heart of what is known as the gambler’s misconception.

The notion that previous results can affect the outcome of an event that is random by nature is what we commonly refer to as the gambler’s misconception. In our bet, the fact that the coin already turned up heads nine times has absolutely no effect on the tenth toss which still could go either way.

Because the coin came up with heads nine times in a row already, the chances of doing it a tenth time are 50 percent just like they were when the coin was tossed for the first time. A coin does not remember previous results and there is no difference between tossing this coin or another one. In other words the probability factor does not change.

In modern day casino games the gambler’s misconception has a great impact. Players typically are looking to spot patterns in order to gain the advantage in a game. To illustrate: Gamblers playing roulette who notice several wins on black in a row are more likely to bet on red, as in their mind it is due to turn up after so many results on black. Same goes for their betting amounts. If they lose, they most likely double their wagers in the belief it improves their chances of winning.

This misconception is used as the core of the flawed Martingale system. Using this system the wagers are doubled after each loss so when the player eventually wins he will make good on all previous losses he sustained. The reality of it all is that losses can and will happen, even many times in a row, there is no pattern to detect and players who base their strategies on this system could end up in financial problems if they do not have the required financial resources to back up their bets. They may end up with financial problems they are unable to solve on their own.

It should be noted that this strategy is a misconception only under circumstances where events are renewed at each turn, because in that case the conditions for the results are identical in every instance of the game. In card games such as Blackjack for example, cards already drawn can affect the outcome as the game progresses. That essentially is the foundation for counting cards, which actually is a strategy that can work.

M.A.H.