Asian Handicap

January 15th, 2010 ColdAces No comments

There term ‘Asian Handicap’ does not have a simple explanation. This is a form of betting that can be used in favour of the stronger team. Herescotty-Nguyen-bad-beat the stronger team is referred as the ‘handicapped team’ as far as the game is concerned and it renders an imaginary vision to the proposed weaker teams at the start of the game. However, this is known to balance or unbalance the theory and hence all the teams involved stand a fairer chance of winning in the Asian handicap.

As the name suggests, the players might often get the feel that such a betting system exists in Asian countries. However, this betting system was originally started by the European based bookies and this bet is also known as ‘line betting’ in some other countries. Although ‘Asian handicap’ is the betting that was formulated for soccer bets, it is now becoming popular with the other sporting events as well. Apart from Europe, this form of betting is also popular in the Asian countries such as Singapore, Thailand and Malaysia. Formerly, the bettors had to place their bets over the telephone or had to be present physically at the betting locations, however with the increase in technology, the younger generation of bettors have shifted to the online form of gambling and this adds to the popularity.

Bookmakers or dealers are the ones who do the actual handicapping. There is no certain formula used by them to come to specific odds or handicaps. However, it is believed that the bookmakers study each game and their track records, all the teams participating are weighed. Here every single aspect of betting is taken into consideration since these are the important factors that play an important part in deciding the odds. However, most of the players often overlook the ‘mind games’. It must be understood that the bookmakers are going to think about their own profit and not the winnings taken by the players.

In order to gain some substantial profit from the Asian handicap, bookmakers usually devise a strategy of their own that would allow the players to sway away from their initial decision. There are different kinds of Asian handicaps and it becomes extremely important for the players to understand different levels involved. To begin with, there is an Asian handicap called ‘Level’. Here both the teams participating would be difficult to separate on paper and thus there is no particular team that would be going in with an added advantage. This is one of the easiest of all handicaps.

Loads of bookmakers have started offering the Asian handicap bets as a substitute for the usual 1:2 betting scenario. For all those who take betting seriously, they should consider using some strategies in order to win out of the Asian handicap punting. At the time of betting on the Asian handicap, there are only two options that are given to the player, one of which is to give handicap and the other is to receive handicap. However, it is widely known that receiving handicap has proven successful in most cases. While receiving the handicap, the player is actually placing his bets on the weaker teams and sometimes the weaker teams turn out to be the underdogs to winning or drawing a game. In such a scenario, there is a greater advantage to the player.

At the same time as you give the handicap, the team you bet on would have no other option but to win the game. In such a situation, the player would lose the bet even if the team manages to draw the game.

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Hand Rankings in Poker

January 15th, 2010 ColdAces No comments

It is important to understand the winning hand rankings in poker, especially for those who are learning to play the game. Once you know these hands, you would be able to assess the strength of these hands using the winning poker hand ranks. All those players in the highest hand category, often wins the pot. Apart from getting familiar with the winning hand rankings in poker, it is extremely important to understand the basic poker hands.

To begin with, poker hands consist of the best five cards combination. It sounds awfully simple; however a majority of players are not equipped with the correct information when it comes to recognising the winning poker hands. Whenever the best five card combinations are referred, it is important to note that poker is ranked from 2 to A. You need to understand the fact that poker suits such as hearts, spades, clubs and diamonds have no value attached to them and are merely used to determine the flush.

There are 10 different kinds of poker hands and if we follow the poker rules, then each of these hands contains a specific value. Such a value leads them to a particular place in the poker hand hierarchy. These values are also attached to the poker hands based on the difficulty of getting the hand. For an example, some hands such as the High Card are pretty easy to make and a majority of players stand a chance to make this hand since it doesn’t involve any complicated patterns. The other hands such as the Full House are far more difficult to achieve and hence it contains the highest value and is placed above all the hands in the winning poker hands hierarchy.

The bottom of the list comprises of the High Card where any player can win without possessing any higher five card hand. Above this comes the single pair which includes two cards with the same value. In case if two players have the Pair, then the player with the higher value pair wins over the lower value pair.

A step higher than the pair is called the Holding Two Pair and it tends to give a player some more weight in the game. This simply means that the player holds two different pairs in the same five card hand. The next comes the Three of a Kind, which is a hand that comprises of three cards of the same value such as 4-4-4.

The following hands are difficult to achieve in a game of poker and are called the Straight and the Flush. A Straight includes a series of five consecutive cards for any one suit. Flush means five cards of the same suit. It requires a lot of strategy to achieve these winning hands in poker.

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Poker Tracker Software

January 15th, 2010 ColdAces No comments

A majority of the professional poker players use the poker tracker software as a part of their tools in the game. The online poker tracker software tends to offer an edge to the expert players, often required to withstand a streak of bad luck in the game and yield profits in the longer game. This is the most complex yet most effective of all the online poker software tools available in the market today, and works on almost all US poker sites. Such tracker software tends to cover all aspects of online poker right from selecting your hands to tracking them for further analysis.

The online poker software is capable of displaying the real-time statistics on the online poker table as well as asses the play and isolate weaknesses of the poker table. Such features make the poker tracker extremely powerful at the time of playing the game online. The poker tracker software employs the contemporary graphic interface and enables rapid operation as well as multitasking. Along with, there are quite a lot of other things that could be done with poker tracker software such as selecting the table. Table selection is one of the important aspects of poker where you would be able to track and pick the tournaments that involve weaker players in accordance to the imported hands stats.

Poker tracker software would help you better your existing poker skills with the privilege to track your own poker play, review your weaknesses and rectify the mistakes that you commit currently. With the in-depth stats on your opponent’s game, the poker tracker software allows you to assess all the strategies in their mind. The players can also make profitable decision on increasing their bankroll. There is an integrated Heads Up display that can provide the live poker odds and the reporting tools incorporated here would help you track all the progress in tournaments. You will also see the effect of rakeback, which is considerbly. The play at Ultimate bet (Get Ultimate Bet Rakeback here), and I can definitely see effect since I signed up.

All those players who are new to the poker tracking software must ensure that they understand the features of this tracking software in the best possible manner. The players must also check if the poker software is compatible with the tracker prior to actually buying the poker tracker software. The players need a lot of practice on the poker hands before making conclusions on the game. Along with, the indicators for the other players are more accurate with the increase in the number of hands you play.

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History of Bingo

January 15th, 2010 ColdAces No comments

Bingo is one of the most popular games all over the world. However, not many people know about the history behind the game. It originally started in United States and was referred to as ‘Beano’. It could usually be found at boardwalks and country fairs. The caller, as they know him today, would randomly draw numbers from some kind of a box, commonly a cigar box. The paying customers would then cover the numbers on their cards with the beans. The player would shout ‘Beano’ if there was a winning combination on the card. During those times, the horizontal straight lines were the only winning combinations known.

The game was introduced in Italy in the year 1530 and was known as ‘Lo Giuoco del Lotto D’Italia’ signifying Italian Bingo. The game is still being played on every Saturday. After its inception in Italy, the game was then introduced in France in the year 1770. The French referred to the game as ‘Le Lotto’. This was more of a wealthy man’s game in France. After its overwhelming success in Italy and France, it was adopted by the professors in Germany for teaching purposes. Students could relate well with the bingo cards, especially for subjects such as Maths, Spelling and History. The teachers would use a different version of the game for each of these subjects. Bingo was introduced in United States in the year 1929 and the ‘Beano’ version was originally played in Atlanta, Georgia.

A toy salesman called Edwin Lowe felt an opportunity coming his way, while watching several games in the carnival. From that point onwards, he started hosting games with the help of tiny cardboard cards as well as rubber stamps. One of the players, during one such game, screamed ‘bingo’ instead of the word ‘Beano’. Being a New York native, Lowe was extremely excited about the term and thereafter renamed it as ‘bingo’. He started selling the game in two different ways, one of which would cost $1 for 12 cards or $2 for 24 cards. He then hired another professor from the Columbia University, so as to introduce newer sequences on the cards. The duo came up with more than 6000 different cards.

Thereafter, some catholic priest approached Lowe to find out means to raise funds through these cards. Bingo was then spread all across United States, after Lowe gave his consent to the church. After 1934, it was reported that over 10000 bingo games were played per week. At the moment, it has been estimated that Bingo sales gross over 90 million in United States itself.

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The Roulette Game – How is it played?

December 24th, 2009 Cold Aces No comments

rouletteRoulette is a game based on chance.  It is popular in casinos and gets the name Roulette from the French word meaning “small wheel”.  The game is fairly easy to play with few rules.  Roulette as we now know it first gained popularity in 18th century Europe.  The U.S. game consists of a small wheel with 38 numbers on it, while the European version has 37 numbers.  It has since spread around the world and a Roulette wheel can be found in almost every gaming site.

To play, gamers place bets on an odd or even number, a specific number, a range of numbers, or a color of either red or black.  The American Roulette wheel contains numbers 1-36 in alternating red and black.  There are also two green spaces, on containing a 0 and the other a 00.  Gamblers place a marker on the game board the number or numbers they want to bet on, for example red 22 or black 11.

Bets can be placed according to the corresponding game board.  There are a number of ways to bet.  A straight-up bet is a bet placed on a single number.  A split is a bet placed on two numbers that are side-by-side on the game board.  A street is a bet placed on three numbers in a horizontal line on the board, while a corner is a bet placed on four numbers in a square pattern.  A bet placed on two adjoining streets is called a six line.  Lastly, a trio is the bet placed on the intersection of a 0, 1 and 2 or the 00, 2 and 3.

To determine the winner, a person referred to as a croupier, spins the wheel in one direction and a small ball in the opposite direction on a slanted track the runs the entire circumference of the wheel.  The ball eventually stops on one of the grooves within a number, and a winner is identified.  The bets that have been placed now belong to whoever chose the correct number.

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Poker Tournaments – The basics – Facts

December 15th, 2009 Cold Aces No comments

Poker tournaments often consist of several people.  These tournaments can be played for fun between friends, with little money exchanging hands.  Professional poker players also partake in tournaments and can win and lose very large sums of money.
During a professional poker tournament, players continue play until they are out of money.  The game keeps going until there is one person left who is declared the winner.  These tournaments can take hours.  Professional poker players can have sponsors who help supply the money backing the play.
Poker is growing in popularity and professional poker tournaments are often televised.  There are names for annual tournaments such as the World Series of Poker and the World Poker Tour.  Such big name tournaments often take place in Las Vegas, as it is considered the gambling epicenter of the U.S.  Players show stoic determination and have mastered the art of hiding emotion so as not to give away what cards are held in hand.  Some players wear sunglasses or hats to help hide their expressions.
If you are not interested in playing poker professionally, there are several online options.  Many gaming sites offer ongoing poker games that you may enter in to or exit out of at will.  Most of these sites require that you are of the legal gambling age, which is 18 in most areas.  While these online tournaments may seem more like arcade games, they can be costly.  You are usually asked to enter a credit card number and your poker winnings and debts are debited accordingly.  Online poker has aided in racking up large sums of debt for numerous people.  Playing online makes poker seem like any other free game and since players don’t visually see money exchanging hands, it can be difficult to know when to stop playing.

Texas Hold’em and other types of poker

November 16th, 2009 Cold Aces No comments

Texas Hold’em: There are many types and variations of poker, but the game of Texas Hold’em is probably the most popular in the U.S. and possibly the most popular poker game in the world.  The game itself is fairly easy.  It can be played with anywhere from two to ten people.  The game starts with a dealer dealing two face-down cards to each player.  Through the next four rounds, the dealer deals five community cards that each player may play off of.  Each player, depending on the cards they have in their hand and on the table, decide if they want to keep betting if they want quit the hand, known as folding.  At the end of the game the player with the highest hand, the best combination of five cards using both the cards in the player’s hand and the community cards, wins.

Five Card Draw: Five card draw can be played with between two and five players.  It is one of the oldest poker variations.  Each player receives five cards and after the first round each player may discard or replace up to five cards in hopes of achieving the best hand.  At the end of the game the player with the highest hand wins.

Omaha: Omaha Hi is similar to Texas Hold’em.  It can be played with two to ten players as well.  Instead of being dealt two cards, each player receives four cards.  The dealer then deals the five community cards.  The best hand must be comprised of two cards they hold in their hand and three community cards.  Omaha 8 is similar to Omaha Hi, but players may also bet on making the best five-card low hand.

There are other variations as well, but these are typically the top three that are played in the U.S.

The Bellagio Hotel

October 30th, 2009 Cold Aces No comments

The Bellagio Hotel is located on the Las Vegas strip.  It stands in the location that the historic Dunes Hotel once occupied.  The Dunes Hotel was demolished in 1993 to begin construction of the Bellagio.

The Bellagio is themed after Bellagio, Italy.  The entire hotel oozes opulence, starting with the lobby where 2000 hand blown glass flowers adorn the ceiling.  The hotel also boasts of an eight-acre man-made lake in front of the hotel and dancing water fountains that are synchronized to music.  There is also a conservatory and botanical garden on premises that changes the theme five times a year to reflect winter, Chinese New Year, spring, April, summer, and fall.  Construction of the Bellagio was completed in 1998.

bellagio

There are almost 4,000 rooms in the hotel, with 116,000 square feet of gaming space.  Cirque du Soleil permanently performs their aquatic production of “O” at the hotel, and the hotel contains an art gallery and a popular night club.  The original construction cost was estimated at $1.6 billion, and the hotel was renovated in 2006.  The Bellagio employs about 10,000 people.

The Bellagio poker room is famous among poker players.  It is often called the home base by many professional poker players, or “The Office,” referring to the high table limits to play there.  The Bellagio has deals with the World Poker Tour to host some of the tournaments they put on.  There are also 2400 slot machines.  The price to play the slots ranges from a penny to $1,000.  The owner of the hotel, MGM Mirage, also provides games on the floor that are exclusive to MGM Mirage properties.
The Bellagio is rated Five-Diamond by AAA and Mobile Five-Star rated.  Without question the Bellagio is one of the most trend-setting, elegant hotels on the Vegas strip.

Famous Poker Players

October 10th, 2009 Cold Aces No comments

As poker is getting more and more popular, the professional players of the game are gaining fame.  Televised poker tournaments are helping to promote not only the game, but the players as well.  Here are a few well-known professional poker players that may someday soon become household names.
Brett ‘gank’ Jungblut:  Brett was raised in a poker community and in fact is named after a poker player from a TV show.  He rose to stardom in online poker tournaments, but has also found success in live tournament play.  At only 30 years old he is quickly making a name for himself and has earnings of around USD $400,000.  Brett plays up to 16 hours of online poker a day.
Gus Hansen:  Born in Denmark, Hansen was not raised playing poker but instead was an ace at backgammon and tennis.  He first joined the professional poker circuit in 1997.  He did not begin playing poker until 1993, but has quickly mastered the game.  He is known for his aggressive and unpredictable style.  To date, he has made over USD $5 million in live poker tournaments.
Annie Duke:  Annie is one of the most famous and most notable women poker players in the world.  She has won both the World Series of Poker and the World Series of Poker Tournament of Champions.  Annie was a psychology major and attributes that in aiding her to read her opponents.  She enjoys mentoring other poker players, one of whom was Ben Affleck.
Amarillo Slim:  Amarillo Slim’s real name is Thomas Austin Preston Jr.  At over 70 years of age, Slim is one of the most colorful characters in poker.  He won the World Series of Poker in 1972 and his career earnings have been monumental.  Slim is known for being a hustler as well, and has hustled money out of Willie Nelson, Larry Flynt and Evil Knievel.  The tales about him are legendary including how he won a bet playing ping pong with an iron skillet and shooting billiards with a broomstick.

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Gambling in the USA

September 30th, 2009 Cold Aces No comments

Gambling in the US is a billion dollar a year industry.  In 2006, gambling revenue came in at USD $90.96 billion.  Gambling falls under federal jurisdiction, but each state is allowed to ban or regulate gambling as the state so chooses.  Almost every state has some form of lottery so therefore almost every state has some form of gambling.
Nevada is the only U.S. state that allows gambling on a statewide basis.  Other states restrict gambling to certain to certain cities or Native American reservations.  Still other states confine gambling to riverboats.  Online gambling is an exception to most state policies.  Online gambling is difficult to regulate so even if gambling is outlawed in a state, residents of that state can still partake in online gambling.
There are 19 states that allow commercial casinos on non-reservation land.  There are approximately 450 of these casinos.  With the exception of nine states, every other state in the U.S. allows a lottery.  There are different forms of lottery and the forms are based off of the purchase of a ticket for a small amount of money.  The ticket either requires you to choose numbers, pull tabs, or scratch off circles in order to reveal if you are a winner.  In the variation of the lottery where you choose numbers, the winning number combination is later revealed in a random drawing.  The winnings from lotteries vary from a few dollars to millions of dollars.
Reservation-based gambling began in 1979.  Such gambling is controversial, as some Native Americans do not want non-Native Americans on reservation land.  However, the casinos create thousands of jobs and generate revenue in the community.  Under the Indian Gaming Regulatory Act of 1988, all revenue must be used for the government or to better the community such as by building schools, houses, roads or funding healthcare.

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