Archive for September, 2011

Table Selection

Selecting the right table can be just as beneficial to your poker game as how well you handle the fundamental basics of the game. You can be great at probabilities and statistics, but if you are playing over your head, you will still lose money long term. It stands to reason then that the best way to play is against people who you know that you can beat.

When selecting a poker table at BetOnline.com, you want to look for a game with larger than average pots. This means that there are more “fish” at the table. These fish are generally loose with their chips and bet a lot of them when they shouldn’t be. This is a weakness in their game that you as a “shark” can use against them. Basic poker theory tells us that if they are putting too much money in the pot, they are not playing their hands correctly. Even though they may win a few big hands of this nature, this fact only reinforces the wrong play in their mind.

However, you will win these pots only just as often as they do. The bigger wins are great for both of you and your distinct levels of confidence. So what separates the two? You will be winning a higher percentage of hands than they will. This is brought about by playing fewer hands than they are. So even if you only win the same amount of hands, you are playing in fewer losing hands, thus maximizing the wins and minimizing the losses.


Bidding on More Bids

One popular method of winning online penny auctions is to stockpile bids. With some per bid fees as high as $0.90 at some sites, this can be a costly practice. One easy way to get more bids is to win them in auctions. This is why sites like happybidday.com are becoming so popular—this site gives you a large number of free bids that you can use to buy more bids with. When you win these bids, you can then use them on any other items at the site.

The main thing to remember is that you want to spend a lower total on won bids than the cheapest option that the site offers. For the site above, the cheapest bid prices are at $0.50 (1,000 bid for $500). So if you are bidding on more bids, you want to keep the final price below that $0.50 threshold, otherwise you are still losing money. This is a bit misleading, however, because the site increases bid prices if you buy fewer than 1,000. For example, buying 50 bids cost $0.80 per bid, so the site will list this auction at a retail value of $40, when in actuality you would save more money per bid just by purchasing more bids at one time. You can get 50 bids for $25 just by buying more at one time, thus saving $15. This is something you need to take into consideration if you want to be a long term winner. Saving on these types of expenses is the only way to increase your bottom line when it comes to penny auctions.


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