Jul 26

How Does Probability Work?

The area of mathematics dealing with the chance of certain outcomes is known as probability theory. Probability is the likelihood of a given event occurring. With gambling, probability is simply the possible ways of winning divided by the total possible outcomes. How Does Probability Work? To understand probability, a simple example can be used. Consider a coin where one side is heads and the other side is tails. If the coin is flipped, then the two possible outcomes are that the coin will land Read more [...]
Jul 26

What Is Money Management?

Many bettors refer to money management as the most important thing that separates the winners from the losers. A winning bettor can still go broke if they cannot practice effective money management. Money management is just what it sounds like. It is the way a bettor manages the money available in his bankroll. Proper money management will help gamblers ride out the inevitable bad streaks. These bad streaks, as well as winning streaks, are known as variance. Variance is basically the short-term Read more [...]
Jul 25

How to Play Three Card Poker

How to Play Three Card Poker Three Card Poker is a popular casino table game. It's a relatively new game in the casino scene. It was not until 1994 that Three Card Poker made its first appearance in a casino. It is a lot of fun for the player, and it's easy to play. How Does Three Card Poker Work? Three Card Poker is played with a standard deck of 52 cards. Players are allowed to make three different bets. One is the Ante bet that the player’s hand will beat the dealer’s hand. Another Read more [...]
Jul 24

What Is Draw Poker?

Draw poker is the first poker game most people learn to play. Four to eight players receive five cards. Each player will discard and draw cards to create their best hand. Players bet on their initial hand, draw cards and bet on their final hand. This is not the only way to play draw poker. Veteran poker players have learned that there are more complicated ways to play the game. What are the various ways to play draw poker? Draw poker can be played in as many ways as ther are imaginations. Read more [...]
Jul 24

What Is Omaha Poker?

Omaha poker is one of the many types of community poker games that people can play. While games like 5 card stud give you all the cards you need right in your own hand, community games like Omaha poker require you to use the cards that are placed facing up on the table to make the best hand possible. Texas hold 'em poker is the same way; the only real difference is in the number of cards you are dealt. How Does Omaha Poker Work? Omaha poker is played by anywhere from two to nine players. Each Read more [...]