Entry fee: $10.00
Re-Buy: $10.00
Featured Games: Big Foot (May 13 to 16)
The total prize per tourney is $30,000
For more information on Online casinos
Monday, May 16, 2011
Last day for online slot tournament
This is the last day to enter the $30,000 Guaranteed Weekend Madness slot tournament at Online Vegas
Entry fee: $10.00
Re-Buy: $10.00
Featured Games: Big Foot (May 13 to 16)
The total prize per tourney is $30,000
For more information on Online casinos
Entry fee: $10.00
Re-Buy: $10.00
Featured Games: Big Foot (May 13 to 16)
The total prize per tourney is $30,000
For more information on Online casinos
Tuesday, April 26, 2011
Video Poker
Video poker consists of several versions of 5 card draw poker and is played in land based and online casinos. In casinos it is played on a console and looks similar to a slot machine. Video poker is known to have good odds and can be played for hours for a relatively small investment. It is the perfect game for players who like a game of skill and the potential for large payouts combined with a low house edge. Video poker is similar to slot machines in that the player sits alone at a machine and can play at their own speed. Many slot players are intimidated by table games. These payers may not like when other players are critical of their strategies or speed.
Video poker began showing up in casinos in the 1970’s. This is around the same time as video games became popular. The combination of software and hardware that had been developed for video games was being adapted to build video poker machines. Video poker has become more advanced over the years and its popularity has grown.
There are now many variations of video poker. On some game consoles you can choose between several versions of video poker. Deuces wild, Jacks or Better, Bonus Poker, Double Bonus and multi-hand are the most popular. Each game pays out at different rates for winning hands. Payout tables list the payout rates for winning hands. These rates are posted at the beginning of each game and are not universal. They will vary from version to version as well as from machine to machine.
Most machines will allow the player to choose to play between one and five credits. Many times the largest payout, the royal flush, will pay a disproportionately high amount when the maximum amounts of coins are played. Some machines will also pay progressive jackpots for the maximum payout, so be careful to get the most value for your wager. Video poker is known as one of the highest paying games in the casino but this is only true when the payout table runs high. It is important to familiarize yourself with what are high payout rates and what are low payout rates. In traditional casinos the game can be funded using either cash or bar coded payout tickets from other casino games.
Once the game is funded play begins when the player places a bet of one or more credits and presses the deal button. Five cards are then dealt. The player has the option of discarding any or all of their cards and receiving new ones. The game will then pay out on winning hands based on the posted pay out table. Video poker shares the same hand rankings with the table version of the game. It is one of the few games where the player can gain a statistical advantage over the casino. By looking for the highest paying payout tables and playing perfect strategy a player can gain a slight advantage. When match bonuses are factored in at online casinos the advantage can actually become substantial.
Video poker began showing up in casinos in the 1970’s. This is around the same time as video games became popular. The combination of software and hardware that had been developed for video games was being adapted to build video poker machines. Video poker has become more advanced over the years and its popularity has grown.
There are now many variations of video poker. On some game consoles you can choose between several versions of video poker. Deuces wild, Jacks or Better, Bonus Poker, Double Bonus and multi-hand are the most popular. Each game pays out at different rates for winning hands. Payout tables list the payout rates for winning hands. These rates are posted at the beginning of each game and are not universal. They will vary from version to version as well as from machine to machine.
Most machines will allow the player to choose to play between one and five credits. Many times the largest payout, the royal flush, will pay a disproportionately high amount when the maximum amounts of coins are played. Some machines will also pay progressive jackpots for the maximum payout, so be careful to get the most value for your wager. Video poker is known as one of the highest paying games in the casino but this is only true when the payout table runs high. It is important to familiarize yourself with what are high payout rates and what are low payout rates. In traditional casinos the game can be funded using either cash or bar coded payout tickets from other casino games.
Once the game is funded play begins when the player places a bet of one or more credits and presses the deal button. Five cards are then dealt. The player has the option of discarding any or all of their cards and receiving new ones. The game will then pay out on winning hands based on the posted pay out table. Video poker shares the same hand rankings with the table version of the game. It is one of the few games where the player can gain a statistical advantage over the casino. By looking for the highest paying payout tables and playing perfect strategy a player can gain a slight advantage. When match bonuses are factored in at online casinos the advantage can actually become substantial.
Tuesday, February 22, 2011
Online Casino Gambling Strategy
All online casinos have a mathematical advantage and should always win over time. Individual players may win but the greater the overall volume of betting the better the chances for the online casino. People are always coming up with systems and strategies that they believe will give the edge that they are looking for. Over the long run no betting system will allow you to beat the casino. The house has too great an edge and compensates for weaknesses. If someone did come up with a true working system no one else would find out about it. There are some online gambling systems that are widely used and they do have some validity as far as extending your bankroll. This is true for both land based and online casinos. The most widely recognized of these strategies is the Martingale betting system.
The doubling strategy or Martingale system is a popular system. It is sometimes known as a reverse regression or loser's strategy. This system is played in even money games such as roulette or blackjack where the player doubles his money when he wins. In these systems a gambler doubles his bet after each loss. With this strategy a win would erase the losses of all previous games plus win the gambler back his original stake. Since a gambler with infinite money would eventually win this system is sometimes thought of as a sure thing. Over time this system will in fact bankrupt the gambler because no gambler possesses infinite wealth and the bets grow exponentially. Extended losing streaks will quickly wipe away all profits. After the sixth consecutive loss the gambler would need to bet 128 times his original stake or $640 in order to win back his previous bets on a five dollar original bet. It is thought that betting limits at tables are used to control this system. These limits are actually in place to protect the casino from large losses on a hot run.
Use online roulette as an even money game. In roulette if you are betting only red or black, you will win 46% of the time. You will lose 54% of the time. The idea of the Martingale system is to overcome these odds. If you were betting just black or red you would eventually lose all of your money. Consistently doubling your bets will effectively wipe out several of these losses and move the odds into your favor. There is just a 10% chance of losing 3 rolls out of three. This would translate into losing three in a row. There is only a 1% chance of losing six out of six. This all makes sense as long as you don't hit that long run of losses.
No system will work over a long period of time. The cancellation betting system is also known as the Alembert system. It is a more complicated betting system that works as long as you win and lose the same amount of times in even money game. You will not win a lot using this system but you will play for a long time.
The doubling strategy or Martingale system is a popular system. It is sometimes known as a reverse regression or loser's strategy. This system is played in even money games such as roulette or blackjack where the player doubles his money when he wins. In these systems a gambler doubles his bet after each loss. With this strategy a win would erase the losses of all previous games plus win the gambler back his original stake. Since a gambler with infinite money would eventually win this system is sometimes thought of as a sure thing. Over time this system will in fact bankrupt the gambler because no gambler possesses infinite wealth and the bets grow exponentially. Extended losing streaks will quickly wipe away all profits. After the sixth consecutive loss the gambler would need to bet 128 times his original stake or $640 in order to win back his previous bets on a five dollar original bet. It is thought that betting limits at tables are used to control this system. These limits are actually in place to protect the casino from large losses on a hot run.
Use online roulette as an even money game. In roulette if you are betting only red or black, you will win 46% of the time. You will lose 54% of the time. The idea of the Martingale system is to overcome these odds. If you were betting just black or red you would eventually lose all of your money. Consistently doubling your bets will effectively wipe out several of these losses and move the odds into your favor. There is just a 10% chance of losing 3 rolls out of three. This would translate into losing three in a row. There is only a 1% chance of losing six out of six. This all makes sense as long as you don't hit that long run of losses.
No system will work over a long period of time. The cancellation betting system is also known as the Alembert system. It is a more complicated betting system that works as long as you win and lose the same amount of times in even money game. You will not win a lot using this system but you will play for a long time.
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