Live Tournament Events

It’s around that time again. Online poker rooms are starting to offer satellite tournaments to win a seat at the WSOP. The most known satellite tournaments are the PokerStars WSOP Qualifiers. If it’s any time of the year to seriously get your multi-table tournaments game on. Now is the time all the way until June or until you win a seat. Either way, don’t give up.

Also by focusing on tournaments you can clear your poker bonus much faster. Last year the top online poker player made a full time living playing poker tournaments. She won 1 out of every 20 tournaments. Picture if one of those tournaments was a WSOP satellite tournament. Reach the final table or place high in the WSOP main event and most likely you will receive a contract deal with one of the online poker rooms.

This is why live tournament events like this is so important for any poker player. You can always use UB Referral Code to win a WSOP satellite tournament on UB.com to meet the poker brat himself Phil Hellmuth. Who wouldn’t want to meet him and maybe get a chance to be on the UB.com poker team with him. Even though I am sure some of you don’t like him but if 100% of the people like you then you wouldn’t be well known now would you?

Now about the live tournament events, I know most online poker players have never played live and this may throw your game off just a bit for about 10 minutes until you feel comfortable about playing poker sitting at the table with other players and not behind your computer screaming you donkey after someone made a dumb call and won the pot. I must say playing poker live is a lot more fun than sitting at the computer because you get to see the people you playing against, you can learn to read them, and it’s always funny to see someone slowly go on tilt before you take all their chips. :)

Good luck at all the online poker rooms in those satellite tournaments to win your seat. I know I will be hurting after my seat!

Bankroll For Learning

Since I decided to take my poker learning seriously. I put money on cake poker and full tilt poker just for learning. Before deciding on which poker games I would like to focus on learning. I took the time to play many different games. Cash games, sit n go’s, heads up, and tournaments. One thing I notice from playing all those games is I really like cash games and tournaments.

The reason I like cash games is I play very little hands and win big pots. Although some times I play too aggressive when I think I have the win for a very large pot and end up losing most of what I won in the last hour. This is why poker training is very important and having the bankroll to do so.

The reason I like tournaments is really simple. You have a set amount you can lose vs cash games sitting at the table with whatever you want. The payouts of tournaments are really big. Although it does take some time to win or even cash in a tournament. It is still well worth it. Plus winning big tournaments can result in winning a seat at one of the major live tournament events.

Now my problem with sit n go’s and heads up. Sit n go’s I really don’t have a problem with them. When I first started playing poker sit n go’s was the only games I could win. I even won 8 in a row once. Only if I did that on minted poker I would be a millionaire right now. Now heads up I below through around $50 before I realize heads up play is just not my thing. Don’t get me wrong, I don’t lose every time I play a heads up but one on one is just not for me.

All in all, I have learned something over the past week. Cash games and tournaments is the way to go for me. Now back to my poker training and playing. I will keep you all updated on how its going or Ill just wait until the monthly poker stats report. Anyways, if you want to improve your poker skills. You can buy your membership to outstandingpoker or get free poker training. It doesn’t really matter how you learn as long as you improve your poker skills. Cheers!

Dealt rakeback

In basic terms rakeback is a percentage of the money a poker room makes off of a player given back as a rebate. This percentage is usually anywhere from 25% to 40%. In order to calculate rakeback, the poker rooms must first calculate the player’s rake, which is how much money the poker room has made from the player. There are two methods to calculate rake, the dealt method and the contributed method. This article will focus on the dealt method of rakeback calculation including an outline of how the rake is calculated using the dealt method and which type of players benefit from this method.

*Use a rakeback Bookmaker.com bonus code when signing up at Bookmaker to receive 30% rakeback.

The dealt method is very easy to understand. Basically, the amount of rake generated from each hand is divided evenly among the amount of players who were dealt a hand pre-flop. The amount each player contributed to the pot does not matter when calculating rake using the dealt method.

For example, if $1.50 is raked from a 6-handed cash game table, then each player has generated $0.25 in rake using the dealt method. Similarly, if $1.50 is raked from a 9-handed table, then each player has generated $0.1667 in rake.

You can probably tell by now that the dealt method of rakeback calculation is beneficial to tight players who fold a lot of hands pre-flop because they will be earning rakeback for these hands without even contributing a single cent to the pot. In some cases it may even be possible to make a profit from the dealt rakeback method by folding every single hand if your table is very loose. Of course this is not a smart strategy because you should always play your monster hands, but it goes to show that playing an extremely tight style could be especially profitable if you sprinkle in some solid hands. Many online poker rooms use the dealt rakeback method including Doyles Room, Cake Poker and Full Tilt Poker. Full Tilt is the largest online poker room that is currently offering rakeback to players. Full Tilt offers 27% rakeback to all players who sign up using a rakeback provider’s Full Tilt referral code.  Along with the 27% rakeback, all new players receive a Full Tilt poker bonus worth up to $600. If you think the dealt rakeback method is right for you then I highly suggest registering a rakeback account at Full Tilt Poker because it is in my opinion the best poker room online.

The dealt rakeback method is very advantageous to tight players because they will be earning rakeback even when they fold pre-flop. Rakeback can turn a super tight player who loses a few dollars per hour into a winning player because it is possible to receive a great amount of rakeback than the actual amount of rake you contribute to the poker room when rakeback is calculated using the dealt method. Every online poker player should sign up for a rakeback account because it is free money that the poker room is giving back to players who are in the know. Now that you have read this article you are one of these players so you should never sign up for a non-rakeback account again in your online poker career.