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I have been reading a little on the subject of bankroll management lately and I don’t like what some people have to say on it. The traditional article seems to entail lots of “%” and “€” signs and phrases like “stop loss” and maybe even “quit while you’re ahead” but not this one. My advice is this; It is up to you to decide.
It is up to you to decide if its worth paying €350 into an event, when all the money you have in your pocket is €350. There are many questions you will ask yourself, like is this a profitable investment and do I have a real chance of winning? But only you and you alone can decide if you want to live with the consequences of losing that €350. There is no mathematical rule that can tell you if it’s the right thing to do.
If you can spend more time focussing on playing good poker and making the right decisions and less on counting the dollars and cents then your game can only improve. Of course it is a bad idea to risk your entire bankroll on one tournament but even if you did you should always be confident that you can bounce back.
Money comes and goes and the only reason you earn it, after all, is to spend it. Or as the old adage says; “’Tis better to spend money like there’s no tomorrow than to spend tonight like there’s no money!”
In tournament poker you pay a buy-in and the last person at the last table is the winner. Its as simple as that. As long as that buy-in is within your means and you feel confident that you are a profitable player in the long run then why would you ever want to ration your participation as so many professionals advocate?
The point of playing poker is to compete, not to make money. I’m not saying you should go crazy and blow all your hard earned currency but if you compete at the highest level available to you and do your very best then you probably will make money. That’s all the bankroll management you should need.
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Badugi is not one of the most known poker kinds; therefore it is easier for you to become a successful player. There is no written literature and relatively few strategy guides on the topic. When I write this article only a few poker rooms offer this kind of poker game. The game most likely comes from South Korea and is becoming more and more popular. Since Badugi is still quite new there are no well-known world class players yet. If you want to become a great and well-known player, Badugi might be your big chance. As a good Badugi player you might be among the bests, while as a great Hold’em player you might be only one of the Top 10 000 players without anyone knowing who you are.
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The game is a lowball game where Ace is the lowest card.
If any two or more cards in your hand have the same rank or suit, then one of your card is eliminated and you only have a 3 card Badugi hand. In this case any four card Badugi hand (from now on referred to as Badugi) beats you. For example ♥A ♠2♣3 ♦3 loses against ♠A ♦6♥7 ♣K because even though the first hand has lower cards and four different suits, it only has 3 different ranks while the second hand has all different suits and ranks and that is the most important.
♠2♣3 loses against ♠A ♣K because even though the first hand has lower cards and four different suits, it only has 3 different ranks while the second hand has all different suits and ranks and that is the most important. In case more player have Badugi then the lowest high card is. For example ♥4 ♠5♣6 ♦7 beats ♥A♦2 ♣3♠9.
♠5♣6 beats ♣3♠9. The best possible hand is the A234 with different suits.
All players have three draw possibilities to improve their hands. They can change one, two, three or all four cards and of course if they think they are very strong they can “stand pat” and not change any cards.
The game is mostly played in the form of limit. In the first and second betting round the bet size equals the amount of the big blind, while in the third and fourth round the bet size is doubled.
Most important strategy tips
As in many forms of poker, position has key importance in Badugi as well. The other information consideration in the beginning is the number of players at the table. With more people it is very likely that a four card Badugi wins at the end while at a very short handed table a three carded hand might win the pot for you. In a six or more handed table you should have at least three low cards. Just to make sure you know some important percentages: if you start with three different card suits you have 51% chance to reaching the end with a four card Badugi. This means your chance per draw is 21% to reach the same four card Badugi on a given street (there are three drawing rounds).
In general it is better not to keep cards higher than seven in early and middle position. In a blind vs. blind confrontation you can get involved with the highest card being kept an eight (of course with a dealt Badugi you can raise).
There are also situations when you can raise with two card hands. For example when everyone has folded and you are on the button. This is a perfect chance for stealing. When you have two cards lower than six, go on and try to take the pot right there. You can also raise with three card hands from late positions when the third highest is a seven.
Even though it is a limit game I strongly suggest you observe what your opponents do. Your opponents’ actions pretty much determine your strategy. If they change two cards before you and you have a king high four card Badugi, go ahead and raise because most of the times you will be ahead. However if someone bets and another player raises you can be sure that your same king high Badugi is not good anymore. You have to consider breaking it and draw for a lot better Badugi. If the pot odds are not good enough or your draw is not strong enough then just fold your hand and get out of the way. As you can see in this case position means everything.
The limit of the game is also very important. In low limit most of the time you can assume that your opponents have the hand that they “show”. In higher limits this is not so obvious. Sometimes they raise and reraise and making you breaking not premium four card Badugis. At the end you find out they have a strong three card hand and you had to break the winner. That is another reason why you should observe the other players and learn what they do in different situations.
Most players fail at Badugi because they do not calculate (if they calculate at all) the right pot odds. If you know the right percentages and when you should call or fold then you know the main difference between winning and losing.
Let’s see the exact numbers to be clear. The given example it is makes it easier to understand numbers. When you start with a three card Badugi, it is not as easy to reach the four card Badugi as most would think! In the example you are dealt ♥A♠4♣3♥J meaning you need a diamond, so you throw away your jack. How many cards are good in the deck for you?
There are 52 cards, minus the four cards you have. Also the ♦A♦3♦4 must be subtracted because they would be the same rank as the three cards you already have. The ♦K does not help much either because it is almost like a three card hand. It is the highest Badugi so you will beat three card hands but lose against four card Badugis most of the time. The only hand that you can potentially beat with ♥A♠4♣3♦K is a hand like ♠A♣2♦3♣6 which is a better three card hand but does not qualify for a four card Badugi. However this situation will not happen very often. This means there are 48 remaining cards in the deck and only 9 are probably good enough (13 diamonds minus the 4 diamonds which do not help). This means 18,75% of the cards are strong enough. Not even mentioning that for a strong Badugi that you could raise or reraise with you probably need the ♦2♦5♦6♦7. These are only 4 cards of 48 (8.3%). These numbers are good to remember when you are chasing your fourth card to hit the Badugi.
The other main probability consideration that most players forget is when to make a call before the third draw and when to fold your hand. Let’s say there are $6 in the pot, your opponent stands pat in the second drawing round and bets $2 when you only have a three card hand. What do you do? Most beginners make the call because they do not know that they only have 18,75% to hit the fourth card. You know you have a small chance, not even mentioning that some of the 9 outs might lose the pot anyway so you might only draw for 2-3 outs.
When calculating probabilities you should not forget the difference between Triple Draw and Single Draw games. In Triple Draw games you will see strong hands win a lot more often than in Single Draw just from the fact that in a Triple Draw game there are 3 drawing rounds opposed to the one round of a Single Draw game. That is why in Triple Draw games worse starting hands win a lot less because they have to hold for three betting rounds.
It is a fact that the best poker players are more aggressive than the average player. The best poker players enjoy the table position relative to the button. The position is more important than the cards you actually have. Another important thing to remember is that the earth will be a show small pots. His seat at the other players off the knob has more value compared to the actual starting hand.
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I suggest an experiment. Play a lower limit from March to May Sit N Go blindfolded. Well, not literally, but you will not be able to see your cards. Put a post in the field of maps showing the screen and you agree to take a look. If you are using a database with a poker HUD, disable it for the experience. You have to play blind. So what is the purpose of this exercise? It will force you to see the opportunities you’ve been missing. You should carefully study their opponents. The only information we have is often open for someone a glass. How much is established? Not often use 3-way? Only use this information and their relative position to your decision as to how to play the hand.
Most of us spend much time looking at our hole cards and not enough time to study our opponents weakness and looking for a place to use our position and the battery in order to win the pot. How many times have you opened in the court or the session button and aggressive players, the player has the right to call and say, “I bet if I’m around here, I’ll probably win,” but you can see your hand and see 8-3 offsuit and wrinkles. because you can not see your cards, you can find places like this, and all-in
As the tournament progresses, you get an idea of ??different battery sizes game. Find places to put a player to be overactive tournament that forced him to call all in. Most players do not like to call on all his chips to prove without a premium hand, if you end up in a loss, means tournament or paralyze. Look for places where you think you can use and punish the weak players at the table and make them pay to continue playing the hand.
Remember this is just an experiment, so you can watch the game on a new dimension. I doubt that the results will be better than the blind play, if you can see letters, but if you play your next tournament, where you can see your cards, you can use what you learned from this experience. I am sure that this experience will be a better poker player.
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The Equity Poker Network was launched just a few months ago and Full Flush Poker is their main poker room. The Equity Poker Network is one of 6-7 USA friendly online poker networks in 2014. The rapid growth over the last few months has USA online casinos and sportsbooks fighting to get a network license. Many existing U.S.A. friendly poker sites in 2014 are even considering to jump ship, leaving their current poker networks to join FullFlush Poker on the Equity Network. In about three months FullFlushPoker.com went from empty tables to over 1,000 peak players. At this rate they will huge by 2015. Full Flush Poker has successfully used the tried and tested method of throwing money at their traffic problems. Nothing is harder than getting some active tables for a new poker room. Most of the free money at FullFlush Poker is in the form of overlays and bonuses. Full Flush has a unique first deposit bonus that is actually both a bonus and a free cash credit. This bonus is a 150% match up to $600 but you also receive 20% instant cash. So if you make your initial deposit of $300 you would receive a $450 bonus and $60 in instant free poker money, plus the $300 obviously. Bonuses are universal but instant cash credits are rare in the USA friendly poker market.
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Their guaranteed poker tournaments are rarely reaching 50% of the GTD amount. So for example, they run a $10,000 GTD tournament with a $20 buy-in. There are usually 100-200 players in it but let’s just say 200 exactly. 200 X $20 = $4,000. This means that this MTT has a $6,000 overlay. Your $20 buy-in is actually worth $50.
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This new U.S.A.-friendly poker site in 2014 also has a built-in casino. There are only around 60-70 games but it is nice enough. If you are looking for a more established USA poker site in 2014 I have listed the best of the best below.
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Pick one sport in the beginning and stick to it! Spend a lot of time attaining enough knowledge about the rules of the game, its concepts, the players and the team as a whole. Keep up-to-date on all the latest sports news. Make sure it’s a sport you enjoy as well as the whole point of betting is to have fun and relax.
Start small. You must be responsible and ensure that the money you gamble with is money you can afford to lose. When you’re starting off, you are not as experienced as others and have not yet developed your technique. Save the cash for when you’re more sure of yourself and have a greater chance of winning.
Be vigilant, especially when gambling online. Be wary of sites with poor spelling, sloppy designs and no verification or sports sponsorships. Do not share any personal information (even your name and email address) on these sites, as it could potentially be dangerous. Read the terms and conditions!
Don’t fall for “betting tips” as they’re useless and usually come at a cost. Save your money and invest your time and energy into developing your technique instead. These “tips” are usually just marketing schemes to get your details and use them to spam you.
Don’t be afraid to ask for help from the bookmakers, friends that bet and experienced gamblers at the betting shop or online. If you are unsure, be open to accepting information from as many sources as possible. Make sure to filter the information you get however and don’t be gullible.
Don’t be greedy – if you’ve won, don’t put down all your winnings on a bet on the same day! Most importantly, do not increase the amount you bet to cover your losses as your judgement may be clouded and you may make a decision you will later regret.
Don’t place a future bet on a sports game when you’re just starting off. The closer the game is, the more information you will have about players injuries, weather conditions or any other factors that could potentially affect the outcome of the game. You have a greater chance of success if you bet sooner to the game.
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So, all these above-mentioned rules are true and are needed to be followed in the game. If not then you might either get disqualified or will lose the match. Also, it remains same in both online and offline mode and also for all types of games and places where people can bet their money. The online casinos like mega888 also sticks to these basics.