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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Article Source: http://EzineArticles.com/expert/Eva_Flores/250011
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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Article Source: http://EzineArticles.com/expert/Matthew_Donaldson/294493
One strategy many poker players may not be totally familiar with is cold calling. In a nutshell, cold calling is when a call after at least two actions have been made including a raise, before your turn to fold, raise or bet. For example, if one player bets, another player raises, and you call, this would be considered cold calling. For a player to bet in the first place is indicative they think they have a good hand and for someone to raise they think it is even better. To cold call is to bet in this round but it is not a time for a marginal maybe type hand and certainly not a time to bluff.
A great example is when you’re in the middle position of the table with an unsuited king and queen and an early postion player raises. Do you call in this case. There are several scenarios that can take out some risk. How has the player been playing. Check out their chip stack as well as your own. In general if they have been doing well they might continue to do so and it would be good to fold. If it is a player who goes all-in all the time and loses frequently or a loose player, it might be a good time to bet. You might have a hunch it will work. Again this is another time to bet as well. And if you have been doing well it might be a great time to bet as well.
Some might consider the king queen to be a good enough starting hand to cold call a raise with, though many poker players will pass on this one round even with a good position. This is the gist of poker though and sometimes you will win and other times you will lose. This is a great way for the raiser to accumulate chips as well. Since many players will fold when there is a raise. Have you ever seen a raiser who only has a pair of twos. But they add to their chip stack anyway.
If you make the call anyway, you maybe put into a difficult post-flop position. For example, let’s say that the flop was ace, queen, ten unsuited, which isn’t bad for you because you paired the queen with a king for a kicker. However, you also have to deal with the possibility that your opponent has ace king , and they now have a straight. Of course, they could have pocket jacks as well, and this will take knowing your fellow players in order to decide if it’s worth calling against any future bets. One strategy is to raise and feel out fellow players. If they re-raise, they might have something. Since sometimes players raise with any pairs as mentioned above, but will fold if they have say a pair of eights. The choice is yours. If you find them re-raising your re-raise then they might have a trump hand. There are time cold calling will work.
There are some scenarios that warrant cold calling. One is your chip stack is adequate and you have a pair, a potential straight or flush. You have to be strong enough to limit yourself here. You never want to chase an ideal hand. Remember, the most likely to win hand is a pair. So, if you have a pair, you’re goal is three of kind. If two suited cards, you’re looking for a flop that delivers and if you have a potential straight, again, you want to see a flop that is a winner. Other wise, your best bet is to fold and not risk more chips. Cold calling can work but it often doesn’t. The bottom line is to be successful cold calling, you need a great hand.