Play High Stakes Poker Online Without Breaking the Bank

By Eva Flores

The recent media blitz covering high profile events such as the World Series of Poker (WSOP) and the World Poker Tour (WPT) has catapulted the once recluse game of backroom banter onto an international stage donned with high profile personalities and obscene sums of money being wagered at the turn of a card.

The notion that competitors could play high stakes poker online could not be conceived in the earlier days of the tournament back in the 70’s when WSOP was changed to an elimination style format. Now evolved, intense games of 100k wagers or better are conducted at Las Vegas poker tournaments at the Bellagio, Mirage, and Palms but with a high-tech twist. Arguably the most famous tournament in which the upper-crust play high stakes poker is the World Series of Poker tournament which is hosted at the Rio Las Vegas casino.

Buy-ins generally range from $1000 to $5000 and eventually move upward of $10,000 in the Championship tournament. Players can also enter the tournament by winning satellite tournaments without breaking the bank with buy-ins in the range of $300 to $1000. It is not an unusual event to find every player at the final table of a World Series of Poker Satellite tournament to also be found at the World Series of Poker Championship tournament itself so many players find this as viable alternative to otherwise have to pony up the full $10,000 entry fee in the main tournament.

With the recent rise of internet poker popularity, players can also play high stakes poker online to achieve the same goal. Online World Series of Poker Satellite Tournaments are held during the entire year. The convenience of playing high stakes poker online is unsurpassed if you’re looking to get in on high stakes action without breaking the bank. Real money poker sites have become wildly popular with stories of players winning pots in amounts as high as 400k or better. These players understand that when you play online poker for real money, bankroll management and patience are the keys to success. Be sure to play at an online poker room with a large player base so that satellite tournaments are held more frequently and most of all don’t forget to put on your best poker face.

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High Stakes Poker – Are You Ready to Play Today and Win?

By Matthew Donaldson

When you hear “high stakes poker,” you would probably recall the hit television show on cable which started way back in 2006 and had run for already five seasons, the last of which ran on March until May of 2009. It is the same thing as saying there are poker gambling sites being run by individuals or groups, such as Pokerstars.com, that involve high stakes betting or gambling. They are considered high stakes gambling because of the amount of money being shelled out by many people and all that money are put as pot money for each poker game. Different types of gambling can involve high stakes and the most popular nowadays is betting on poker.

High stakes poker involves a great amount of money from poker players. Most poker players are very much experienced because they are the people who earn money from their businesses or jobs enough to be able to bet thousands of dollars on poker. They are also poker players who are serious about the game and are very much in the know of the ins and outs of poker. These are veteran poker players, rich poker players, celebrities, and big-time business owners who have that much money to bet their way into winning poker. These games are usually played inside rooms which are maintained by high-level security and are usually private.

There is not much difference between the regular poker game and poker. The only difference is the very large amount at stake when a player wins the game. The pot money is taken cared of by a group or company until the money is claimed by the winning party. This is how poker games are run, and the most popular way to play poker would be to do it through online gaming websites, such as Pokerstars.com, Partypoker, and many other poker game sites which allow high stakes betting and gambling.

If you would like to try playing the game and you have the money to bet on these high stakes gambling sites, you should expect that the games can be fast and the money can become gone as fast as a snap as well. This is the reality when it comes to these online poker gaming sites. If you are very optimistic that you can win, then you can go ahead and try to play poker with other online poker players. Get to know the game by playing real-time and mingle with other poker players through poker game forums available on the websites. You can also start winning by learning your opponents’ styles and by studying your hand history which can be retrieved through your online poker game.

High stakes poker is a serious game and should not be entered into lightly. You can lose a lot of money from betting, and unless you are ready to lose, you should think more than twice about joining. There are online poker training tools that can help you get a head start on your poker game strategy. Learn more about the game by reading e-books on poker and learn the good and bad sides of playing high stakes poker from poker players themselves on online forums or poker community blogs.

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Eli Elezra Vs Gus Hansen in High Stakes Poker

By Tamas Sziladi

In High Stakes Poker it is possible to observe such a Multi-level Thinking (MLT) that only the best of the best are capable of doing. In High Stakes Poker many great players play and it is a perfect opportunity to learn from Ivey, Dwan, Negreanu, Brunson, Hansen, Antonius or Farha. It is really amazing what goes through their mind during a given hand. In this article there is a little theory about MLT thinking and then comes a very interesting hand played between Eli Elezra and Gus Hansen in High Stakes Poker Season 6.

It is time to check out the memorable hand between Eli Elezra and Gus Hansen.

There are eight players at the table, the blinds are $400/$800 with a $200 ante. The stacks are extremely deep, most of the players bought in with $200 000 but Dwan and Ivey with $500 000 each. Gus Hansen raises to $4 200 in the fourth position with a speculative hand: 4s6s. Tom Dwan does not need too much of a hand for such a call but this time he even has a hand and makes the call (6cAc). Eli Elezra finds 8hKh in his big blind and decides to make the additional $3 400 to play the hand. The pot is $14 600 and three of them see the flop.

Elezra says: “I check in the dark.” This is an interesting play and has happened already a few times in High Stakes Poker to mislead the opponent and not give away kind of information about the hand. However he says right away: “No, no, no, wait! I did not check down there!” The following cards hit the table: Ks9h3d. And then the king hits and Elezra still checks his hand. Hansen as the original aggressor makes a $9 900 continuation bet (c-bet). Dwan folds quickly and Elezra makes a fast call. As you can observe the c-bet did not mean much to Elezra. He knew Hansen would make that bet with any kind of a flop, no matter if he hits or completely misses. There are no draws on the flop so Elezra decides to call and see how the hand further develops. The call seems reasonable because with a weak kicker (the eight) Elezra is probably worried that Hansen also has a king with a better kicker therefore he does not reraise. It is also interesting to mention Dwan’s play. He usually does not give up his hands so quickly and makes a call with nothing so he can bluff his opponent out at a later point of the hand. However with Elezra sitting behind him, he does not know what comes next so he makes a quick fold.

The pot is $34 400 and the turn card is 3c. This card has not changed much. Most likely the player who was on front on the flop is still on the front now. Hansen decides to shoot his second barrel and go on with his bluff with a $25 500 bet. Elezra thinks for a bit and decides to call. The pot is $85 400. When he made his decision he probably also thought: “If Hansen was bluffing then I am still ahead with the pair of kings and threes. If Hansen also has a king then I am most likely behind now, but with a call I can have the pot under control and see what the river card brings.”

The river is the As. Elezra checks, Hansen counts his chips and bets $62 200. Now this is the interesting part. This is where MLT comes into play. Elezra knows Hansen very well and they have played many times together. He knows that Hansen is capable of shooting three barrels with nothing.

Knowing that there is $147 600 in the middle, Elezra gets very good odds on his money. If he puts on Hansen on the four hand types as I have done and he thinks he would only win 1.5 times out of 4, it still makes sense to make the call. What I do not know is how Elezra gives the percentages of the four possible hands to Hansen. When I say the odds I consider the fact that there is a 25% chance for all four possibilities. Elezra knows Hansen a lot better so he might think the chance of a bluff is 40% and the other three possibilities are equaled at 20%. In this case the call makes even more sense. If he thinks Hansen has a 40% chance of having a monster and the other three possibilities have 20% then the call does not make so much sense. Elezra actually does not even think long, makes a fast call and wins $209 800. Hansen said after the hand that he had already decided before the river card that he would use the third barrel to chase Elezra away, but he did not want to see an ace. He pulled the trigger anyway (as Gabe Kaplan said). He did all the thinking and possible reactions of Elezra even before the last card hit. However Elezra is also a world class player and he read Hansen perfectly.

What can I say at the end of such a wonderful hand? It was very interesting to see it on TV and analyze it later on. For sure for me it would have been a lot harder to make a $62 200 call on the river with a king. There must be a reason why those players are sitting at the High Stakes Poker table. Their way of MLT makes them special players who can make great reads on their opponents.

If you would like to see deeper analysis with the concrete numbers and chances, please visit our website and take an active part in the analyzing process.

Tamas

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Erik Seidel Highstakes Poker Pro

Among the creme de la crop of highstakes poker players is Erik Seidel. This one time stock broker proves that poker is a skill not luck. He’s nearing 60 and winning highstakes games just as when he was much younger. Let’s take a look at this fascinating man.
He started out playing backgammon but at Brooklyn College, he shifted to poker and hasn’t looked back. He started as stock broker on the American Stock Exchange and joined the Mayfair Club in New York.
The Mayfair Club was a cardroom in New York that was originally a bridge and backgammon club. It shifted to poker and cranked out some of the top poker players of the day including Jay Heimowitz, Mickey Appleman, Dan Harrington, Howard Lederer, Stu Ungar and more. The club was closed in 2000. But this was the area where Erik Seidel got the skills.
Professional Poker Highlights
European Poker Tour
In May 2015, Seidel won the European Poker Tour Super High Roller for over $2 million dollars. And that’s just part of his winning for that year. In 2015, Seidel took home over $4 million dollars in live tournament events alone. This doesn’t include private tournaments with wealthy high rollers or online games. In 2016, he took over $3 million dollars including a $158,479 win at the European Poker Tour Grand Final in Monte Carlo. He’s truly in the poker elite.
World Poker Tour
Seidel won the World Poker Tour at the 2008 WPT Foxwoods Poker Classic for $992,890. In 2011 he was runner up for $155,103. Other notable World Poker Tour finishes include the WPT Five Diamond Classic where he took 4th place for $335,160 in 2016.
World Series of Poker
Seidel was runner up in his first major WSOP in 1988. He made the final table again in 1999. He’s had many cashes there and has won eight bracelets, the most recent in 2007. He is a flexible player with bracelets in Holdem, Omaha, and Deuce to Seven Draw. Only five other players have more bracelets than Seidel.
Aria High Roller
Seidel is a frequent casher at the Aria High Roller Bowl, a monthly tournament with today’s top players. His largest cash there was for over $500,000 in 2016.
Seidel in 2017 shows no signs of slowing down. His total earnings for the year that’s not even over yet are over $2 million dollars. His largest cash this year was the Poker Masters Event for almost $600,000. He also placed 3rd in the PokerStars Monte Carlo Eight Max for $461,570.
The amazing thing about Seidel is he’s older than most of players out there. Highstakes or low stakes, poker is poker and Seidel has seemed to master the game to perfection.

Erik Seidel’s Top Cashes
$250,000 Super High Roller 2011 Aussie Millions $2,489,747
$300,000 No-Limit Hold’em Seven Max 2016 Super High Roller Bowl $2,400,000

€100,000 No-Limit Hold’em Eight Max EPT Season XI / FPS – Monte Carlo Grand Final $2,250,999

Event 21 – No-Limit Hold’em High Roller 2011 Five-Star World Poker Classic (WPT) $1,092,780

No-Limit Hold’em Championship Event 11 (WPT) 2008 Foxwoods Poker Classic (WPT) $992,890

AUD$100K No-Limit Hold’em 2014 APPT 8 – Aussie Millions $963,558

No-Limit Hold’em Main Event 12 2008 Aussie Millions $880,000

$500,000 No-Limit Hold’em Eight Max 2015 Poker Central Super High Roller Bowl $860,000

2011 NBC National Heads Up Poker Championship $750,000

Event 1 – No-Limit Hold’em Super High Roller Eight Handed EPT Season X – Barcelona $745,224

$100K No-Limit Hold’em 2013 Five Diamond (WPT) $650,100