Gambling - ReadWrite IoT and Technology News Mon, 12 Feb 2024 16:23:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.2 https://readwrite.com/wp-content/uploads/cropped-rw-32x32.jpg Gambling - ReadWrite 32 32 Drake bets $1.15M on Kansas City Chiefs inspired by Taylor Swift fans https://readwrite.com/drake-bets-1-15m-on-kansas-city-chiefs-super-bowl-win-inspired-by-taylor-swift-fans/ Mon, 12 Feb 2024 16:22:45 +0000 https://readwrite.com/?p=253957 Rapper Drake / Drake bet $1.15 million on Kansas City Chiefs Super Bowl victory

Drake had a night to remember after staking a $1.15 million bet on the Kansas City Chiefs to win the […]

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Rapper Drake / Drake bet $1.15 million on Kansas City Chiefs Super Bowl victory

Drake had a night to remember after staking a $1.15 million bet on the Kansas City Chiefs to win the 2024 Super Bowl.

The ‘God’s Plan’ rapper announced on Instagram he had placed his bet on the cryptocurrency gambling site, Stake, in which he has a business interest. He celebrated his substantial winnings with a nod to Taylor Swift in his Instagram caption, “I can’t bet against the Swifties.”

The reference to the iconic American singer-songwriter and her adoring fanbase is due to her boyfriend, Kansas City star Travis Kelce.

Drake has pocketed an impressive 100% return on his massive outlay, but the gambler’s past hasn’t been so rewarding.

Previous losses have resulted in the Drake “curse”, due to outcomes related to his wagers. MLB player Shohei Ohtani was said to be on his way to the rapper’s hometown to sign with the Toronto Blue Jays.  Drake posted an image of himself wearing the player’s jersey only for Ohtani to join the LA Dodgers.

Then last year, Drake backed Logan Paul, to the tune of $850,000, to knock out Dillion Danis but things didn’t go to plan for the 37-year-old.

The YouTuber won the bout but ultimately by disqualification, meaning Drake lost his bet. This track record left Chiefs fans feeling apprehensive ahead of the Las Vegas showdown in Superbowl 58 but their fears proved to be unfounded with the success at the Allegiant Stadium.

Far East fever pitch

As for Taylor Swift, it was a whirlwind weekend of work and play for the 14-time Grammy winner to make it to Sin City to cheer on her man.

The superstar artist took a 12-hour flight in a personal $54 million Dassault Falcon-9 business jet immediately after the last of her four ‘Eras’ tour Tokyo gigs on Saturday to watch boyfriend Kelce feature in the Super Bowl victory over the Francisco 49ers.

Swift’s enormous pull and exposure have worked wonders for NFL, thanks to her appearances at Chiefs games and the media swarm that has ensued.  It has taken the game to a new demographic, particularly young females, as well as fuelling a hot demand for Travis Kelce’s Chiefs jersey, with a 400% spike reported.

The 34-year-old tight-end commented prior to the Super Bowl, “It’s been fun to gather the Swifties into Chiefs Kingdom and open them up to the football world.”

Image: Drake/X.

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Poker Terms: Terminology & Glossary https://readwrite.com/gambling/guides/poker-terms/ Fri, 09 Feb 2024 13:49:48 +0000 https://readwrite.com/?p=253561 BetOnline - Poker terms

Learning poker slang isn’t just about sounding clever, it’s one of the most effective ways to become a winning player. […]

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BetOnline - Poker terms

Learning poker slang isn’t just about sounding clever, it’s one of the most effective ways to become a winning player. You don’t know how many times we’ve seen people misunderstand basic poker phrases and lose money.  Therefore, if you’ve got any ambitions of winning, you need to know the most important poker terms.

poker chips - poker terms

Poker Terminology Explained

Learning the most important terms in poker won’t turn you into a winning player, but they will help you sound like a pro. Beyond sounding like a pro, the right poker terms will unlock the door to important strategy concepts. Put simply, if you don’t know common poker terms and phrases, you won’t be able to discuss hands or formulate a winning strategy.

Therefore, if you want to get better at different types of poker, you need to know poker lingo. The following list contains all the poker words you need to know if you want to play and, importantly, study the game. There are poker terms for winning. There’s some Texas Hold’em terminology, and there are online poker terms.

Our tip is to bookmark this page and have our list of poker terms handy every time you play. That way you’ll know what someone means when they call you a fish or say “GH”. Now you know the reasons poker terminology is useful, let’s get into it. Below are the most important poker terms for beginners:

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List of Poker Terms: A-Z

All poker terms are relative. Some poker words might mean something in one setting and something else in another. We’ve tried to avoid poker phrases with malleable or ambiguous meanings. The list below contains all universally understood poker betting terms you can use in a live cardroom or online.

A

ABC Poker – Someone who sticks to the fundamentals and uses a straightforward strategy is said to play ABC poker.

Ace – The highest card in the deck. An ace can also be a strong player.

pocket aces cards - poker terms

All-in – Putting all your chips into the pot is known as going “all-in.” This is one of the most important Texas Hold’em poker terms if you’re playing No Limit games.

Angle Shooting – A move designed to gain an unfair advantage is known as an angle i.e. you’re angle shooting. This is one of the poker terms and phrases you don’t want aimed at you.

Ante – A forced bet made before any cards are dealt is an ante. The blinds are a type of ante.

Aggro – At top offshore poker sites, the most popular poker terms are often shortened. Aggro stands for an aggressive player.

B

Backdoor – An unobvious draw is called a backdoor in poker slang. For example, if you’ve got 5-6 and on a 3-9-J flop, you’ve got a backdoor straight draw because a 4 and 7 makes a straight (3-4-5-6-7).

Bad Beat – Getting extremely unlucky is a bad beat e.g. he went all-in with Aces against 7-2 and lost to a bad beat.

Bankroll – The money you have available to play poker with is your bankroll.

poker bankroll - poker terms

Big Slick – One of the common poker card terms for a hand containing an ace and a king. In the 2000s, the hand was also known as ‘Anna Kournikova’.

Blinds – The antes in community-card poker variants are known as blinds. The small blind is half the value of the big blind. The blinds are immediately to the left of the dealer button and move clockwise around the table.

Busted – Losing all of your chips (stack) is known as going bust in poker slang.

Button – The button is a disc that represents the dealer. The player on the button always acts last post-flop.

C

Call – You’re calling someone when you match their bet e.g. if they bet $10 and you match it, that’s a call.

Chips – You don’t make bets with banknotes or coins, even if you’re playing a cash game. Chips are used in all forms of poker. You receive chips in exchange for cash or once you’ve paid a tournament’s entry fee (aka buy-in).

Check – Passing on the action without putting a chip into the pot is known as checking. You can only check if there hasn’t been any action (i.e. bets before it’s your turn to act).

Collusion – Working in secret with other people to gain an unfair advantage is called collusion. This is another one of the terms in poker you don’t want to hear.

Continuation Bet – Betting on the flop after raising/re-raising pre-flop is known as a continuation bet i.e. you’re continuing your pre-flop aggression. This is one of the poker terms for winning you need to know if you want to master basic strategy.

Cut-Off – This is one position before the dealer button.

D

Dead Money – Chips you can’t win from the pot is dead money.

Donk – This is one of the words on our poker terms list that has two meanings. A donk is a bad player. A donk bet is when you bet into the pre-flop raiser i.e. you steal the momentum so they can’t make a continuation bet.

Drawing Dead – You’re drawing dead when you’ve got a 0% chance of winning a hand.

Dry Board – A selection of unconnected community cards are said to be dry. This poker term can be used to describe a board after the flop, turn, or river. These poker words are useful when you’re learning how to bluff because dry boards typically offer little value for other players.

E

Early Position – The first few positions to the right of the big blind are referred to as early positions.

Edge – Having an edge in poker means you’ve got an advantage. We’ve written this list of poker terms for beginners so you can master the game’s fundamentals and have an edge.

Equity – Your percentage chance of winning a hand is known in poker lingo as your equity.

Expected Value (EV) – The long-term statistical outcome of a scenario is known as its expected value (EV). For example, if you move all-in with Aces vs. 7-2, the EV of the move is 87%. This means you’ll win 87% of the time in the long run.

F

Fish – If you want to know how to win at poker, you should be targeting weak players, known as fish. The opposite of fish are sharks (aka strong players).

Float – Calling a bet on the flop or turn with the intention of bluffing at a later point is called floating. You’ll need to know poker phrases like floating when you’re learning Omaha and Hold’em strategy.

Fold Equity – This term refers to the amount of equity you gain when someone folds when you’re bluffing i.e. the amount of a disadvantage you’ve overcome by winning the pot with the worst hand. This is one of the important poker terms to understand if you want to master bluffing.

Flop – The first three community cards are known as the flop. This is one of the most common Texas Hold’em poker terms you’ll hear.

Flush – Five cards of the same suit in a hand.

G

Game Theory Optimal (GTO) – Utilizing good poker strategy is about understanding GTO. It’s a mathematical way to look at poker games that makes you theoretically unexploitable.

Good Game (GG) – This is what you say to someone when you exit/win a tournament. It’s a sign of sportsmanship. Other online poker terms with a similar meaning are GH (Good Hand) and WP (Well Played).

Grinder – Someone who plays low or mid-stakes cash games consistently to earn a living is said to be grinding. Therefore, they’re a grinder.

Guarantee – The amount of money a tournament host agrees to pay out is known as the guarantee. A guarantee the least a prizepool can be. Even if the number of buy-ins doesn’t cover the guarantee, the tournament’s host is obliged to pay the advertised guarantee.

Gutshot – Needing one card to complete a straight is known as a gut shot draw.

H

Hand – The cards you’re playing constitute a poker hand. This is one of the most important card terms in poker because you need hands to win pots. Therefore, you need to know the ranking of poker hands to stand any chance of winning.

Hand Rankings – The list of poker hands in order of strength. The Royal Flush is the strongest hand in standard poker games.

Poker Hand Rankings - poker terms

Heads-Up – Playing against one other person is known as heads-up poker.

Hole Card – The cards you’re dealt that only you can see are hole cards.

HUD – This acronym for Heads-Up Display (HUD) is one of the most common poker terms used when discussing online strategy. HUDs track a player’s actions and display them as statistical values. You can make decisions based on these values.

I

Implied Odds – The money you could potentially win if you make a hand is used to determine your implied odds.

In the Money – Players who make it into the final stages of a tournament are “in the money.” This means they’ve lasted long enough to get a return on their investment. The “bubble” precedes the money payouts. Tournament payouts are usually distributed among the top 10% to 20% of the field.

Independent Chip Model (ICM) – Tournament players use ICM as a way to determine their payout equity. The calculation takes into account a player’s stack, the stack sizes of their opponents, and the remaining prizes.

The results tell players what their stacks are worth, theoretically, in dollar amounts. Players use this information to make decisions in the later stages of tournaments and when they’re discussing deals.

J

Jamming – Moving all-in is also referred to as jamming in poker terminology.

Joker – A joker is one of the poker card terms that only appears in video poker. In regular online games, jokers are usually removed from the deck.

K

Kicker – A card used to separate two identical hands is the kicker. For example, if one player has A-K, another has A-9, and the board is A-2-7-5-J, they’ve both made a pair of aces. However, poker hands are made up of the best five cards. Therefore, A-K wins the pot because their kicker (the King) is higher than a 9.

Knock – Players wanting to check in a live game will knock the table. This is one of those poker terms you don’t need to worry about if you only play online.

L

Ladies – A pair of queens can also be called ladies in poker slang.

LAG – This acronym describes Loose and Aggressive players. These players play a lot of hands and often bet or raise.

Late Position – Any spot on the table near to the dealer button is regarded as late position. This is one of the poker terms for winning you need to know because, in general, you should play the majority of your hands from late position.

Leak – Persistent weaknesses are leaks i.e. you’re repeating a mistake that’s costing you money.

Limp – Calling the minimum bet is known as limping into the pot.

Loose – Playing a lot of hands is described as a “loose” strategy i.e. you’re loose with your hand selection. The opposite of playing loose is playing tight. These are useful poker terms for beginners trying to master different styles.

Luckbox – A bad player who wins through luck rather than skill.

M

Maniac – A player who seems to have no regard for poker strategy or common poker terms and phrases is a maniac.

Min Buy-In – Cash games have minimum and maximum buy-ins. For example, if you play a $1/$2 cash game on Bovada, the maximum buy-in is 100x the big blind i.e. $200. The minimum buy-in is 40x the big blind i.e. $80.

Misdeal – Poker dealers aren’t perfect and sometimes they make mistakes. If they make a mistake, it’s known as a misdeal. This poker term isn’t used online because cards are dealt by random number generators (RNGs).

Multi-Table Tournament – Any tournament that starts at a set time and has more than one table is an MTT.

SportsBetting.ag Poker - poker terms tournaments

Muck – Folded hands get put into the muck where they can’t be retrieved.

N

Nut Flush Draw – Trying to hit a fifth suited card is known as playing a flush draw. Playing to hit the best possible flush is a nut flush draw.

Nit – Tight players who have a narrow range (i.e. they only play the very best hands) are called nits.

No Limit – A betting structure that doesn’t restrict the amount you can wager in a hand is called No Limit.

Nuts – The best possible hand is known as the nuts. Other popular poker terms based on this word are nut flush and nut straight.

O

Offsuit – There are four suits in a deck of cards: hearts, diamonds, clubs, and spades. Five cards of the same suit make a flush, so any card that doesn’t complete a flush is “offsuit.”

On the Button – The player who acts last post-flop is on the button.

Outs – Any card you can hit to make a ranked poker hand is known as your outs.

Overbet – Betting more than the value of the pot is an overbet. Skilled players often use overbets as a way to confuse opponents.

Overlay – An overlay happens when the money collected from buy-ins doesn’t amount to the value of the guarantee. A tournament organizer has to make up this shortfall.

Overpair – Some poker words are self-explanatory and this is one of them. Any pair that’s higher than what’s on the board/what an opponent holds is called an overpair.

P

Pair – Two cards of the same value are called a pair. There are a lot of poker terms for specific pairs. For example, A-A is called pocket rockets in poker slang.

Picture Cards – The jack, queen, king, and ace are picture cards.

Playing the Board – When you’re unable to combine any of your hole cards with those on the board, you’re said to be “playing the board.”

Pocket Pair – Being dealt two cards of the same value, such as A-A, is called a pocket pair in poker.

Position – Where you are relative to the blinds and button determines your position at the table.

Pot – The chips you bet got into a pot along with everyone else’s chips. Your aim is to win more pots than you lose. There are plenty of poker terms and phrases that link to this one. One of the most important is Pot Odds. This poker term refers to the amount you have to call vs. the amount of money in the pot.

Pre-Flop – Action that takes place before the first three community cards are dealt is “pre-flop” i.e. before the flop. Other important poker terms that link to this one are Pre-Flop Raise and Pre-Flop Fold.

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Q

Quads – Four-of-a-kind i.e. a hand with four cards of the same value.

R

Raise – Betting more than the previous biggest bet is known as raising. For example, if someone bets $10 and you make it $30, that’s a raise. You can also re-raise, which means raising a raise.

Rake – Poker operators take a small percentage of cash game pots and tournament buy-ins to cover their costs. This deduction is called rake. Other poker terms linked to rake are “rakeback” (a bonus that gives you back some of the rake you’ve paid) and “rake reduction” (promotions that reduce the rake for a certain amount of time).

Read – Noticing a recurring trait within an opponent is referred to as getting a read on someone. It means you can read what they’re going to do based on the way they bet and/or act.

Ring Game – A different poker term for a cash game (see Cash Game).

BetOnline cash game - poker terms

River – The fifth and final community card is called the river.

Rock – A tight player is called a rock in poker betting times. Rocks only play strong hands.

Royal Flush – The best possible hand in poker is a Royal Flush. It’s made up of 10, J, Q, K, A suited.

Running Bad – An extended downswing (losing streak) is known as running bad in poker.

S

Satellite – Qualifiers that give you entry into a bigger tournament are called satellites. You can play satellites on all of our recommended online poker sites, including Ignition.

Semi-Bluff – Betting when you’ve probably got the worst hand but have outs is a semi-bluff. A pure bluff is when you’re betting with no outs.

Set – Three-of-a-kind containing a pair in your hand and one of the community cards.

Showdown – The point at which two or more players are left and the betting is over signals the end of a hand. At this point, everyone has to show their cards.

Slow Play – Deliberately taking a long time to show a hand you know will win the pot is called slow playing.

Straight – Five cards in sequential order are known as a straight e.g. 5-6-7-8-9.

T

Tell – A recurring trait that gives away the strength of someone’s hand is a tell.

Three-Bet – Re-raising a pre-flop raise is known as a three-bet (3-bet) in poker lingo.

Tilt – You’re said to be on tilt if you completely lose control of your emotions and play recklessly.

Trap – Playing deceptively so opponents make mistakes.

Trips – Three-of-a-kind containing one hole card and two of the community cards.

Turn – The fourth community card.

U

Under the Gun – The first player to act is said to be “under the gun” (UTG).

V

Value Bet – A bet designed to make an opponent call when you’re confident you’ve got the best hand.

Variance – Even if you make all the right moves, results won’t always go your way. That’s because there are very few situations where the odds are 100% in one direction or the other. Of all the concepts we’ve explained in our list of poker terms, this is one that players struggle to cope with. Why? Because no one likes losing, especially if you’ve done everything right.

VPIP – Voluntary Pot in the Pot is one of the most important online poker terms to learn. It refers to the number of hands someone plays, which tells you whether they’re loose or tight.

W

Wet Board – A board with a lot of connected cards – i.e. lots of suited cards, picture cards, or straight cards – is said to be wet. It’s wet because you might drown.

WPT – The World Poker Tour (WPT) is a leading tournament organization that hosts some of the game’s best events.

WPT World Poker Tour - Poker terms

(Credit: Nica Stylianos/WPT)

WSOP – The World Series of Poker (WSOP) is the game’s biggest tournament festival. It takes place between May and July every year in Las Vegas. It attracts the best players in the world and winners of each WSOP event get a bracelet.

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FAQs

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Responsible Gambling

Reading through our poker terms list doesn’t won’t make you invincible. You should always play responsibly, make sensible decisions, and never spend more than you can afford to lose. Check out our responsible gambling FAQ for more information.

Resources

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Types of Poker – Top 10 Poker Variants You Must Play https://readwrite.com/gambling/guides/types-of-poker/ Wed, 07 Feb 2024 08:27:23 +0000 https://readwrite.com/?p=252798 Online Poker Sites - types of poker

There are different types of poker for every preference. Texas Hold’em is the king of poker variants, but it’s not […]

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Online Poker Sites - types of poker

There are different types of poker for every preference. Texas Hold’em is the king of poker variants, but it’s not the only game in town. In fact, for some players, there are better types of poker if you enjoy big bets, bluffing, and battling with opponents in different scenarios.

Whether you enjoy the mathematical challenge of Limit games or the all-out aggression of No Limit, you’ll find something to suit you at our recommended poker sites. Here are the types of poker you can play online for free and in cardrooms across the US.

Ignition Poker Hold'em - types of poker

5 Popular Poker Game Types

Before we discuss poker variations, we should outline the overarching structures within which games are played. The fundamental rules of common poker games remain the same, regardless of the format.

However, when you play online poker the format does dictate how bets are made, when play starts and stops, and the amount of money on the line. Below are the formats used for different kinds of poker.

Tournaments

Poker tournaments are scheduled events. They have set start times, and play continues until one player holds all the chips in play. The main difference between tournaments and cash games is that the chips don’t have any value. Instead, you pay an entrance fee to play. This gets you a stack of chips that only have value in the tournament you are playing.

Your tournament goal is to build your stack by taking chips from other players. Blinds increase at set intervals to ensure tournaments finish promptly and the players who survive long enough win some money.

Surviving long enough to win a prize is known as “making the money.” Usually, between 10% and 20% of the starting field make it into the money. The biggest payouts are reserved for the winner and those who make the top 5. All types of poker can be played using a tournament format.

WPT World Poker Tour - Types of Poker

(Source: WPT/Nica Stylianos)

Cash Games

Cash games don’t have start or end times. A cash game only stops if all poker players leave the table. Unlike tournaments, chips in a cash game have a value. For example, if someone sits down with $100 worth of poker chips, their stack is worth $100.

Like other types of poker games, the aim is to win chips from your opponent. However, your cash game strategy differs from a tournament because the blinds don’t increase.

For example, when tournaments have been running for a long time, the blinds represent a significant percentage of a player’s stack. This forces them to play looser (i.e., more hands) because the blinds will decimate their stack if they wait too long.

This doesn’t happen in cash games because the blinds are static. Stacks are a lot deeper, allowing players to play hands across multiple streets (flop, turn, and river) rather than make big pre-flop moves.

All poker variations can be played using the cash game format, but some are more popular than others. The best poker games for cash players are No Limit Hold’em, Pot Limit Omaha, and Limit 7-Card Stud.

Ignition Casino poker cash game - types of poker

Sit & Gos

Sit & Gos (SNGs) are mini-tournaments. They don’t have set start times. Instead, a game begins once the table is full. After this, play continues until someone has all the chips. The top performers win a share of the prizepool, with the winner getting the most money.

Freerolls

Freerolls are tournaments that carry no entry fee. The beauty of freerolls is that you can win cash prizes donated by the poker room. There is zero risk, but you might have to play your way through thousands of players to get to the money places.

The average skill level in freerolls is low, so they’re a good way to make money for nothing. Our top-rated poker sites give new customers entry to freerolls. You can also get entry to exclusive freerolls by earning reward points.

Satellites

Satellites are also known as “qualifiers”. Winning a satellite earns you entry into a more expensive tournament. This may be a larger satellite, an online championship final, or even a major live event.

Typically, satellites guarantee a certain number of seats or travel packages. Satellites play down to a few remaining players to determine who bags themselves a seat.

2003 World Champion Chris Moneymaker won his way into the $10,000 WSOP Main Event via a $39 satellite. He went on to win the tournament for $1.5 million.

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5 Best Poker Variants

The formats we’ve just described are frameworks for various types of poker. While it’s fair to say that some poker variants are better suited to cash games and other tournaments, these are more preferential restrictions than logistical ones.

Therefore, once you’ve tried the different types of poker listed below and found a few variants you like, you’ll be able to play them in any format.

Basic Poker Hand Rankings

These are the most common hand rankings in poker. They are used for most poker games, including Hold’em and Omaha.

Royal Flush
10-J-Q-K-A of same suit
e.g. 10♥️ J♥️ Q♥️ K♥️ A♥️

Straight Flush
Five consecutive suited cards
e.g. 2♠️ 3♠️ 4♠️ 5♠️ 6♠️

Four of a Kind
Four cards of same value
e.g. 4♠️ 4♥️ 4♣️ 4♦️ K♥️

Full House
Three of a kind plus a pair
e.g. A♠️ A♣️ A♥️ 2♦️ 2♥️

Flush
Five non-consecutive, suited cards
e.g. 2♥️ 6♥️ 8♥️ 10♥️ K♥️

Straight
Any five non-suited, consecutive cards
e.g. 2♥️ 3♣️ 4♠️ 5♣️ 6♦️

Three of a Kind
Three cards of same value plus any two cards
e.g. 4♠️ 4♣️ 4♦️ K♥️ 2♥️

Two Pair
Two pairs plus any card
e.g. 4♥️ 4♠️ J♠️ J♥️ A♥️

One Pair
One pair plus any three non-matching cards
e.g. 6♥️ 6♠️ 7♥️ 9♠️ Q♥️

High Card
Any five non-matching cards
e.g. A♠️ 3♥️ 5♣️ 8♥️ 9♣️

Texas Hold’em

Texas Hold’em is the most popular variant. It’s used for the biggest poker tournaments, including the WSOP Main Event and the WPT World Championship.

A round starts with one player posting the big blind and another the small blind (which is 50% of the big blind’s value). For example, a $1/$2 game means the big blind is $2, and the small blind is $1.

The player immediately to the right of the small blind is known as the “button” because they have the dealer button. Having the button is advantageous in all popular poker games because you get to act last pre-flop. You can learn more about this in our poker strategy guide.

Once the blinds have been posted, each player receives two hole cards. For context, hole cards are cards only the holder can see. Once every player has their hole cards, the action starts with the player immediately to the left of the big blind. This position is known as “Under the Gun”.

A betting round follows, and if at least two players remain active, a flop of three community cards is dealt. All players may use any or all of the community cards.

Another betting round takes place on the flop, and if at least two players remain active, a fourth community card is dealt. That card is called the turn. Finally, if two players get through another betting round, a fifth card called the “river” is dealt.

One last betting round occurs, and if two or more players have called the last biggest bet, a showdown takes place. In the event of a showdown, the best five-card poker hand wins.

Omaha Hi

Omaha Hi, commonly referred to as Omaha, is almost identical to Texas Hold’em. It’s a community card game where betting takes place pre-flop and, subsequently, on the flop, turn, and river.

The fundamental difference between Omaha and Hold’em is that players receive four hole cards. Importantly, a player must use two of their hole cards.

Omaha Hi types of poker

Omaha Hi-Lo/Omaha 8

Omaha Hi-Lo is a split-pot game. Like other variants of poker with split-pot rules, there can be two winners: the person with the best high-value hand and the person with the best low-value hand.

It’s also possible for players to scoop both parts of the pot. A high-value hand follows the same rankings as common poker games such as Hold’em, i.e. a high card is the worst hand, and a royal flush is the best.

A low-value hand is defined by the same rankings as you’ll find in other lowball poker variants. That means a hand’s value is defined by its highest card. The best possible lowball hand is A-2-3-4-5 (aces are low).

Straights and flushes don’t count when you’re ranking low hands, but pairs do. Apart from the split-pot rule, Omaha Hi-Lo games play out in the same way as Omaha Hi games.

7-Card Stud/5-Card Stud

No poker games list would be complete without Stud. Typically played with seven cards but also available in five-card variants, this game doesn’t involve community cards. Instead, everyone receives their own card from which they have to make a ranked five-card hand.

To help you determine what other hands people might have, the rules of Stud dictate that some cards are dealt face up and some face down. So, in 7-Card Stud, three cards are dealt face down, and four are dealt face up.

In 5-Card Stud, meanwhile, you receive one face-down card to begin with, followed by three up-cards, and a final down-card.

Razz

Razz is a lowball variant of Stud. Based on what we’ve described already, Razz is a combination of Omaha Hi-Lo and 7-Card Stud. That means you receive seven cards, and the aim is to make the best low hand (i.e., a hand that is defined by its highest-value card).

5-Card Draw

Draw poker is one where you’re the only person who gets to see your hole cards unless there’s a showdown. A round starts with players putting in an ante. After that, everyone gets five cards dealt face down.

You then assess the value of your cards and decide whether you want to play or fold. If you play, you’ll have the opportunity to hold or exchange as many cards as you like.

Finally, if two or more players are active after the draw, a showdown takes place, and the ranked poker hand wins. Most casino poker variations, including Ultimate Texas Hold’em and Caribbean Stud, use the 5-card draw format.

H.O.R.S.E

H.O.R.S.E is a mixed game made up of five different types of poker: Hold’em, Omaha Hi-Lo, Razz, 7-Card Stud, and 7-Card Stud Eight or Better. It’s known as a mixed game because the variant changes after each orbit of the button. Many pros consider H.O.R.S.E the ultimate test of skill because you have to be proficient in the most popular poker games.

2-7 Triple Draw

2-7 Triple Draw is a 5-card game that’s similar to the lowball poker variants we’ve already described. That means the lowest-value hand wins, and, as before, the value of a hand is determined by its highest card.

However, while the overarching premise of 2-7 Triple Draw is the same as Razz and the low portion of Omaha Hi-Lo, there are some differences. Specifically, straights and flushes count against your hand. They don’t in Razz, for example. Additionally, aces are high cards. This means the best 2-7 Triple Draw hand is 2-3-4-5-7.

Short Deck Hold’em

Short Deck Hold’em, or 6+ Hold’em, is a version of Texas Hold’em where all cards lower than a 6 are removed from the deck. The action plays out the same as Hold’em, and you’ll only notice a difference when hands go to a showdown.

The hand rankings for Short Deck Hold’em invert the value of full houses and flushes, i.e. flushes are ranked higher than full houses. That’s because flushes are harder to make.

Chinese Poker

Of all the different types of poker you can play, Chinese is something of an outlier. That’s because it’s more of a side game that people play while they’re on a tournament break.

Up to four players can play Chinese Poker because everyone gets 13 cards. The aim is to arrange those 13 cards into three hands. Two hands contain five cards, and the last has three cards.

Hands must be arranged from strongest to weakest. Players get a point for each hand they win and, in general, points have a cash value. The player with the most points at the end of a game makes a profit.

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Poker Betting Limits

We know that poker can be played in a variety of formats, including cash games and tournaments. We also know there are various types of poker, each of which has different ways of dealing cards and ranking hands.

The final system that governs how you play poker is the betting structure. The following structures dictate the ways you’re allowed to bet and raise in all types of poker games.

No Limit

No Limit betting, as the name suggests, has no limits on the amounts you can bet or raise. The only limits to the amount of money you can put into the pot are the minimum bet and your stack.

For example, if the blinds are $1/$2, you can’t bet anything less than the value of the big bling, i.e. $2 in this case. Similarly, if the pot is $50 and your stack is $100, you can bet anything up to $100. The most common poker games you’ll find online are No Limit Hold’em.

Limit

Limit is a betting structure that restricts the amount you can bet/raise based on the blinds. In general, you can bet or raise an amount equal to the value of the small blind during the initial betting round.

After that, you can bet or raise amounts equal to the big blind. For example, if the blinds are $1/$2 and you’re playing Limit Hold’em, bets/raises on the flop would be $2. There is often a four-bet cap in Limit games. That means no more raises are allowed after a bet followed by three raises.

Pot Limit

Pot Limit betting sits in between Limit and No Limit. The amount you can bet or raise is limited to the value of the pot. For example, if there’s $10 in the pot, you can bet anything between the minimum (i.e. the value of the big blind) and $10. Of all the different kinds of poker you can play using this betting system, Omaha is the most popular.

Online Poker vs Live Poker

You can play all types of poker online and in live cardrooms around the US. However, if you want to focus on one or the other, here are some things to consider:

Online Poker

  • You get a greater selection of poker variations online
  • You’ll find more low-stakes variants of poker online
  • You can earn bonuses playing online
  • You can play different types of poker for free online
  • The human aspect of poker is lacking online
  • It’s harder to get read on people

Live Poker

  • All of the most popular poker games are available in live rooms
  • The biggest tournaments in the world take place in live settings
  • There’s a social aspect to live poker
  • Games run at a slower pace in card rooms than they do online
  • The minimum stakes are often higher in live casinos

More Information on Playing Poker

Play Free Online Poker

We’ve given you a basic overview of the best poker games, how they work, and the rules that govern how bets are made. The only way to know which types of poker you prefer is to try them all.

The best way to do that is to join our recommended poker sites and use their demo games. Playing for free allows you to get a feel for different kinds of poker. Then, once you’ve found a few variants you enjoy, make a deposit. You can claim a welcome bonus with a matched deposit, freeroll tokens, or cashback. You’re on the road to playing real money games for cash prizes.

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FAQs

What are the best types of poker for winning?

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Responsible Gambling

Always play poker responsibly, regardless of the variant or stakes. Only ever risk a small percentage of your bankroll in a game. Use the responsible gambling tools at our top-rated offshore poker sites to remain in control at all times. For more information, check out our responsible gambling FAQ.

Resources

 

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How to Play Poker – Poker Rules & Beginners Guide https://readwrite.com/gambling/guides/how-to-play-poker/ Tue, 30 Jan 2024 12:37:23 +0000 https://readwrite.com/?p=251784 poker chips - poker strategy

If you’re someone who enjoys math, logic, psychology, and strategy, you should learn how to play poker. Mastering the basic […]

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poker chips - poker strategy

If you’re someone who enjoys math, logic, psychology, and strategy, you should learn how to play poker. Mastering the basic rules of poker not only unlocks a world of entertainment, it allows you to win cash prizes. We’re not saying you should always play poker online for money. You can play for free online at many poker sites.

BetOnline how to play poker

Guide to Basic Rules of Poker

There are many routes to success in poker. Some players are guided by numbers, others use psychology to their advantage. There’s a place for everyone at the table and, if you’re good enough, the rewards are tangible. Every year, someone wins close to $10 million in the WSOP Main Event. Entry costs $10,000, but you can qualify online for less than $1.

However, before you play for the biggest prize in poker, you need to know the basics. We’re going to show you how to play poker from the ground up. Stick with us for the next few minutes and we’ll give you everything you need to not only enjoy poker but develop a poker strategy that could take you to WSOP glory.

There are different types of poker, but all of them have the same underlying principles. We’re going to explain basic poker rules using the most popular variant, Texas Hold’em. You can play this at all the best online poker sites or your nearest casino. Here’s a quick guide on how to play Texas Hold’em poker.

Buying In

Any game of live or online poker you play will carry a buy-in. We’ll explain the differences between cash games and tournaments later in this guide. For now, just know that you need a certain amount of money to sit down at a Texas Hold’em poker table.

The Deal

A round of Texas Hold’em starts once the blinds have been posted. There’s a big blind and a small blind e.g. $1/$2 is a $1 small blind and a $2 big blind. Blinds are mandatory bets that move clockwise around the table, so everyone has to post them at some point. Once the blinds have been posted, everyone gets two hole cards that only they can see.

Pre-Flop Betting

A round of betting starts once everyone has their cards. Traditional poker rules dictate that there are three betting systems:

  •         Limit – the amount you can bet/raise is limited to the size of the blinds
  •         Pot Limit – the amount you can bet/raise is limited to the size of the pot
  •         No Limit – there are no limits on the amount you can bet/raise

All systems can be used for Texas Hold’em. However, in general, No Limit games are most popular at our recommended poker sites.

Betting starts to the left of the big blind. The players to the left can call (put in chips equal to the size of the big blind), raise, or fold. Play moves clockwise until everyone has either folded or matched the last biggest bet.

Flop Betting

The flop follows the initial betting round. Three cards are dealt in the middle of the table. They’re known as community cards because everyone can use them in conjunction with their cards to make a hand.

The action starts with the player immediately to the left of the dealer (the “button”) and proceeds clockwise until the last biggest bet has been called. If one of the poker players bets or raises and no one matches it (i.e. everyone else folds), they win the hand by default.

Turn Betting

The turn is a fourth community card. This card is dealt if two or more players progress from the flop. The same poker rules we described in the previous section apply here i.e. betting continues until the last biggest bet has been matched or only one player remains.

River Betting

The river is a fifth community card. This card is dealt if two or more players progress from the turn. The same poker rules we described in the previous section apply here i.e. betting continues until the last biggest bet has been matched or only one player remains.

Showdown

A showdown takes place if two or more players make it to the river and everyone matches the last biggest bet. At this point, everyone reveals their cards.

These cards can be combined with the community cards to make a five-card hand. The best hand wins the pot according to poker hand rankings. If two or more remaining players have hands of equal rank, the pot is split evenly.

Poker Basics: Best Starting Hands

Now that you’ve had a basic overview of how to play poker for beginners, it’s time to talk about strategy. We’ve explained that showdowns are decided by the rankings of poker hands. The rankings you’ll use when you play poker online or live are as follows:

Hand Description
Royal Flush 10-J-Q-K-A – all cards are the same suit
Straight Flush Five cards of the same suit in sequential order e.g. 5-6-7-8-9 all diamonds
Four-of-a-Kind Four matching cards e.g. 4-A-A-A-A
Full House A pair and three matching cards e.g. K-K-A-A-A
Flush Any five cards of the same suit e.g. 5-2-J-K-8 all hearts
Straight Five cards of any suit in sequential order e.g. 6-7-8-9-10
Three-of-a-Kind/Trips Three matching cards e.g. 4-7-A-A-A
Two Pair Two pairs e.g. A-A-4-Q-Q
A Pair Two matching cards e.g. A-A-4-9-10
A High Card Your highest card

Those are the official poker hand rankings. Based on this information, you can see that it’s best to play hands when you’re dealt high cards and/or connected cards (i.e. close in value or the same suit). Some of the best starting hands in Texas Hold’em are:

  • A-A
  • K-K
  • Q-Q
  • J-J
  • 10-10
  • A-K
  • A-Q suited
  • A-J suited
  • K-Q suited
  • J-10 suited
  • 9-10 suited

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How Online Poker Works

We’ve given you an overview of how to play poker, now it’s time to put your newfound knowledge into practice. The steps below combine everything we’ve said so far and walk you through the process of playing poker online and winning real money.

  1. Find an Online Poker Site

    Our reviews give you an honest assessment of the top online and offshore poker sites. Use these reviews to find a site that suits your needs and use our registration link to create a free account.
  2. Find a Game

    There are various ways to play poker online. We’ve used Texas Hold’em for our examples, but you can try different variants. Our tip is to start with Hold’em freerolls. These tournaments are free to enter and give you the chance to practice your skills and win at poker without any risk.
  3. Experiment with Different Games

    Search the lobbies of your chosen poker sites to find different free-play cash games and tournaments. Use them to practice poker basics.
  4. Make a Deposit

    When you’re confident you know how to play poker, make a deposit. Start with a small amount you can afford to lose.
  5. Buy Into a Low-Stakes Game

    The top online poker rooms have hundreds of cash games and tournaments. Find some that cost a few cents to enter and start playing for money.

Use the free-play games at our top-rated sites to master the basics of poker before you play for cash prizes!

Pros & Cons of Online Poker

Why should you play online poker instead of sitting down in a live game? In reality, you can do both. However, if you can only choose one, here are some things to consider:

Pros:

  • You get quick and easy access to games
  • You can play with virtual chips and enter freerolls
  • There are games suitable for all bankrolls
  • You can play for big prizes for small amounts of money
  • It’s possible to qualify for big events for less than $1
  • You can play multiple games at once

Cons:

  • The average skill level is higher online than in live games
  • Some poker variants aren’t popular online
  • There’s less social interaction online

Popular Poker Games

How do you play poker in different ways? The beauty of poker is that it can be played in a variety of formats. Basic poker rules apply in all situations. However, depending on whether or not you prefer games with an end goal, you can choose the following formats:

Tournaments

Poker tournaments have a fixed buy-in, which means you pay a certain amount to enter. This entitles you to a stack of chips. The chips don’t have any value outside of the tournament.

However, the aim is to win chips from your opponents while trying not to lose yours. Making it “into the money” means you’ve outlasted enough players to win a cash prize. Tournaments end when one player has all the chips.

Cash Games

Cash games don’t have a start or end point. They run as long as people are at the table. Each table has set betting limits determined by the “blinds.”

For example, a $1/$2 game means the blinds are $1 (the small blind) and $2 (the big blind). These are forced bets that players have to pay to receive cards. The size of the blinds dictates what the minimum and maximum buy-in for a game is.

In our example, the minimum buy-in would be $40 (20x the big blind) and the maximum would be $200 (100x the big blind).

Sit & Gos

Sit & Gos (SNGs) are mini-tournaments. They carry a fixed buy-in and the number of entries is capped. The cap on entries means that games start as soon as a table is full. In general, SNGs are capped at two, six, or nine players. However, larger poker sites may run SNGs with up to 100 players.

Freerolls

Freerolls are online poker tournaments that don’t cost anything to enter. You can gain entry by either registering before the start time or using tickets you’ve earned through promotions. The nice thing about freerolls is that the top finishers win cash prizes.

Satellites

Satellites are also known as qualifiers because they allow you to qualify for a bigger event. For example, let’s say an offshore poker site has a $200 weekly tournament. That might be too much for your budget, but you spot a $1 satellite where the winner gets a $200 ticket. You play and win the ticket. This means you can enter the $200 having only spent $1.

Chris Moneymaker WSOP 2003 how to play poker
Source: Las Vegas Review-Journal

Amateur player Chris Moneymaker famously qualified for and, subsequently won, the 2003 WSOP Main Event for $1.5 million after qualifying via a $39 online poker satellite. He’s the reason thousands of people learned how to play poker. If Moneymaker can do it, there’s no reason you can’t.

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Other Popular Poker Variants

Texas Hold’em isn’t the only variant in town. The poker rules we’ve outlined in this guide can help you play any variant, including these popular games:

Omaha Hi

This poker variant is similar to Hold’em. However, instead of two cards, each player receives four. Everyone must use two in conjunction with three of the five community cards. It’s good to know how to play Omaha poker if you want to enjoy some of the hottest cash games.

Omaha Hi-Lo (Omaha 8)

Omaha Hi-Lo is a split-pot game, which means players can win half the pot with the best low hand, half the pot with a high hand, or scoop the whole pot by having the best low and high hands.

Stud

Stud can be played with five or seven cards. No community cards are dealt in this game. Instead, players receive their cards, some of which are dealt face-up and some of which are dealt face-down.

Razz

Razz is a lowball version of 7-Card Stud. This means that hands with the lowest five cards win, instead of hands with five high-ranking cards.

Top 5 Poker Tips

You’ve now got all the relevant information on how to play poker. However, the basic rules of poker are only a foundation. Your journey to becoming a skilled player capable of winning $10 million prizes has only just begun. Below are five online poker tips to get you started.

Tight is Right

It’s a cliched saying in poker, but playing tight pre-flop is the right thing to do as a novice. Waiting for good starting cards gives you the best chance of making a strong hand you can win a showdown with.

Size Your Bets Accordingly

Betting random amounts is a bad idea. A standard pre-flop opening bet should be around 2.5x the size of the big blind. Raises should be approximately 2.5x to 3x the size of the previous bet.

Tell a Convincing Story

Poker is all about telling stories that make sense. If you’re going bluff, make sure you play the hand as if you’ve got something strong. This means betting aggressively from the start. Any inconsistencies in your story will give opponents a reason to make the right moves against you.

Watch Everything Your Opponents Do

Take note of when opponents bet, how often they play hands, whether they’re aggressive or passive, the time it takes to make decisions, and the hands they’ve shown. All of this information will help you get a better idea of the hands people play.

Have Fun and Play Responsibly

Poker is fun, whatever and wherever you play. Enjoy the process, even if the results don’t go your way. Learn as much as you can and never spend more than you can afford to lose.

Play Free Poker Online

How do you play poker for free online? Simple: join our recommended poker sites. Our top picks are safe, packed with great features, and, most importantly, they have free games. You can utilize bankroll management to play a variety of games without going bust. Our recommendations also offer freeroll tournaments with cash prizes.

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FAQs

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Can you win money playing poker online?

Where can I play poker?

Responsible Gambling

Never risk more than you can afford to lose. Always gamble responsibly and remain in control at all times. Start by setting deposit limits and keep track of your playing time. Sessions should be short, to begin with.

Resources

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Top 10 Poker Strategy Tips for Beginners https://readwrite.com/gambling/guides/poker-strategy/ Mon, 12 Feb 2024 08:51:27 +0000 https://readwrite.com/?p=253803 poker chips - poker strategy

Poker is as challenging as it is entertaining, and if you can master a few important skills, there’s money to […]

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poker chips - poker strategy

Poker is as challenging as it is entertaining, and if you can master a few important skills, there’s money to be made. However, if you jump into a game without an understanding of basic poker strategy, you’re putting your bankroll at risk.

We don’t want you to do that, which is why we’ve written down our 10 best poker tips. Starting with the fundamentals and working up to some intermediate concepts, we’ve given you the perfect base on which to build a winning poker strategy.

Whether you’re aiming for $10 million WSOP payouts or you just want to clean up at your next home game, here are 10 of the best poker strategies to master.

Poker strategy chips

(Source: Chris Liverani/Unsplash)

Basic Poker Strategies: Getting Started

Everyone needs to start at the bottom if they want to know how to win at poker. That’s why we’re kicking off this guide with five important poker tips for beginners. The following concepts will give you a solid foundation on which to build a solid long-term strategy.

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Tip #1: Choose Your Starting Hands Wisely

Poker cards chips AK - Poker strategy

(Source: Michael Parzuchowski / Unsplash)

You can’t learn how to be good at poker without knowing which cards to play and which ones to fold. It might sound basic, but every successful poker strategy starts with the cards you’re dealt and one decision: play or fold.

The first thing to say is that there are no right or wrong hands to play; there are only options. However, because we’re focusing on poker strategies for beginners, it makes sense to create a solid foundation.

So, for this discussion, we’re going to list hands that you should consider playing from three positions: early, middle, and late. As with everything in this poker strategy guide, we’ll be using Hold’em as our base, but the following concepts can be applied to any variant.

Each poker strategy chart we’ve created should be taken as a guide. For example, you might have 10-10 in late position. Normally, you’d play this hand. However, if there’s been a lot of action before it’s your turn to act, it might be best to fold.

Therefore, just because the chart says play, it doesn’t mean you should. Always consider the context. Additionally, each poker strategy chart shows a range of hands. If it says, “connected cards from 5-6 to 9-10,” that means all the connected cards between those two points.

#1: Early Position

Full-Ring Game (9 players)

Hands to Play Hands to Consider
10-10 to A-A 7-7 to 9-9
A-J suited to A-K suited A-10 suited
A-Q offsuit to A-K offsuit K-J suited to K-Q suited

Six-Max Game (6 players)

Hands to Play Hands to Consider
7-7 to A-A 6-6
A-10 suited to A-K suited A-10 offsuit
A-J offsuit to A-K offsuit K-J suited and Q-J suited
K-Q suited

#2: Middle Position

Full-Ring Game (9 players)

Hands to Play Hands to Consider
9-9 to A-A 7-7 to 8-8
A-J suited to A-K suited A-10 suited
A-J offsuit to A-K offsuit A-10 offsuit
K-Q suited K-J suited

Six-Max Game (6 players)

Hands to Play Hands to Consider
6-6 to A-A 5-5
A-9 suited to A-K suited A-8 suited
A-10 offsuit to A-K offsuit K-10 suited
K-J suited to K-Q suited 10-9 suited to Q-J suited

#3: Late Position

Full-Ring Game (9 players)

Hands to Play Hands to Consider
7-7 to A-A 5-5 to 6-6
A-9 suited to A-K suited A-8 suited
A-10 offsuit to A-K offsuit A-9 offsuit
K-J suited to K-Q suited K-10 suited
Q-J suited 7-8 suited to J-10 suited

Six-Max Game (6 players)

Hands to Play Hands to Consider
4-4 to A-A 2-2 to 3-3
A-8 suited to A-K suited A-7 suited
A-9 offsuit to A-K offsuit K-J suited and Q-J suited
K-10 suited to K-Q suited 5-6 suited to and Q-J

Tip #2 – Players and Position Matter

All poker strategy is based on two fundamental concepts: players and position. The starting hand charts we’ve outlined above contain an increasing number of hands the later your position is. Why? Because acting late gives you more information.

You can get a better sense of what people have if they’ve already made a move. The first player to act doesn’t have any information, which is why it’s best to play tight and only open with a few hands.

Ignition Poker - Position poker strategy

In addition to position, make sure you know the players you’re up against. Opening with 4-4 in late position in a six-max game filled with passive players is fine.

Their passive tendencies mean they’ll play fewer hands, which, in turn, gives you more scope to take the lead with a wider range. If, however, the table is full of aggressive players, you might be better off folding 4-4, even though you’re in late position.

Tip #3 – Play Fewer Hands and Play Them Aggressively

Aggression is a skill you need to master in poker. In fact, aggression was one of the most important Texas Hold’em tips Doyle Brunson gave to the world in his book Super System. The key point to remember here is that you need to combine aggression with timing. This means sticking to a fairly narrow range of hands.

But, when you do decide to play a hand, try to be the aggressor as much as possible. One of the best ways to win at poker is to put opponents on the back foot so they make mistakes. You do that by playing tight (i.e., a few hands) and aggressively (i.e., betting and raising).

Tip #4 – Learn Pot Odds

You can’t learn how to win in poker if you don’t understand pot odds. Why? Every bet, raise, and call you make needs to be considered in relation to the money you can win, i.e., the chips in the pot. Poker strategy books define pot odds in the following way:

The ratio between the amount of money you need to call vs. the amount of money in the pot.

For example, if there’s $50 in the pot and it costs you $10 to call, you’re getting pot odds of 5/1, i.e., 50:10, which is simplified to 5:1. You use the pot odds to decide whether a call is justified or not. Advanced poker strategy deals with a variety of situations based on pot odds. However, for our basic poker strategy tips, we’ll focus on using them as a call vs. fold variable.

You do this by taking the total value of the pot and dividing it by the amount you have to call. Our example plays out like this:

  •         $50 pot + $10 call = $60 final pot
  •         $10 call / $60 final pot = 0.16 x 100 = 16%

The 16% figure tells us that you need to win more than 16% of the time to make a profit in this situation. At this point, look at your hand and estimate how likely it is to win against the range of hands your opponent could have. If it’s likely to win more often than the pot odds, call. If not, fold.

Tip #5: Don’t Go on Tilt

One of the simplest but hardest-to-implement poker tips we can give you is to not tilt. Going on tilt means you’ve lost control of your emotions. This causes you to make rash decisions and potentially blow your bankroll. You don’t want this to happen, so the trick is to remain calm as much as possible.

Remember that poker is meant to be fun. If you get a bad beat, shake it off and carry on. Every move you make in poker should be focused on its long-term potential. Go all-in with pocket aces against 7-2, and you’ll win way more often than you lose. Remember this fact, and short-term fluctuations won’t affect you as much.

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Intermediate Poker Strategy Tips

Our basic poker strategy tips are enough to get you started. You could stop reading now, and the poker help we’ve given you so far would serve you well in micro-stakes games. However, if you’re anything like us, you’re probably aiming a bit higher than $0.01/$0.02 games.

If that’s the case, we’re going to build on our poker tips for beginners with five intermediate concepts. They’re not super advanced poker tips, so don’t worry. We’ve got other poker strategy articles covering pro-level tips. The following poker hints will be enough to take you from micro-stakes to low and mid-stakes games.

Tip #6. Everything Matters

A lot of basic poker strategies focus on fundamental concepts such as position and bet sizing. All of these poker tips are useful, but newbies tend to view them in isolation. In other words, they look at one Texas Hold’em strategy concept as distinct from another. The reality is that everything is interconnected.

You can’t think about position without taking into account player types. You can’t think about bet sizing without pot odds and implied odds. That’s why everything matters.

Of course, we’re not saying you need to know all of the best poker strategies right now. We’re simply saying that you need to merge individual tips to develop an overall strategy. This is how the pros think and how you need to think if you want to move beyond basic poker strategy.

Tip #7. Learn the Math

“Math is idiotic” used to be a meme, and a lot of old-school pros will give you poker tips that don’t have a mathematical foundation.

Playing with “feel” is fine, but the reality is that poker is a game of numbers, and you need to know them if you want to win. Some of the mathematical concepts you need to know are:

  •         Pot odds (see previous section)
  •         Implied odds
  •         Probabilities
  •         Expected Value
  •         Equity
  •         Fold Equity

The best poker strategy books to learn about these topics are:

Tip #8. Tell Convincing Stories

You’ll hear professional players talk about “lines” when they’re discussing hands and how to get better at poker. A line refers to the way a hand plays out and includes everything from the amount someone bet and their position to the time it took for them to make a decision.

Lines are, essentially, stories. The art of being a good poker player is learning to tell a convincing story. This poker strategy concept is most important when you’re bluffing. Skilled opponents can spot inconsistencies in your story from 100 paces.

Therefore, if you’re going to run a bluff, make sure you’ve told a coherent story. This means playing as though you’ve got a strong hand from the start. Don’t suddenly decide halfway through a hand that you’re going to bluff because the story won’t be believable. Identify a potentially profitable situation to bluff, then tell a convincing story.

Tip #9. Learn How to Be Good at Poker from All Angles

We’ve focused on Texas Hold’em tips in this guide, but the majority of things we’ve said can be applied to any variant. Indeed, poker strategy concepts such as pot odds, hand selection, position, and coherent lines apply to Omaha, Stud, Draw, and Mixed Games.

Therefore, you can take our poker beginner tips, combine them with our intermediate ideas, and test them in different variants. This will give you a better overall understanding of poker and how all of the best poker strategies are malleable.

There’s never a one-move-fits-all solution for every situation. You’ll learn this when you play games other than Hold’em.

Tip #10. Go GTO

Game Theory Optimal is a way of playing poker that bases each move on the mathematics of the situation. It’s, essentially, a statistically and logically unexploitable way to play. You’ll need to understand the fundamentals of GTO before you use this poker strategy. We suggest reading Modern Poker Theory as a starting point and for an overall grounding.

Once you’ve done that, start playing around with a GTO calculator to find the optimal moves for common scenarios in poker. You can keep it running alongside your poker app or desktop software as you play cash games.

Read More on Playing Poker to Win

Enhance your poker strategy with more of our premium guides:

Final Thoughts

We’ve given you the best poker strategies for beginners. We’ve sprinkled in some more advanced poker tips. We’ve even told you where to practice your newfound skills.

Something we haven’t addressed is cost. We can give you advice on how to win at poker, but it doesn’t mean you will. Nothing is guaranteed in this game, which is why it’s a good idea to play free poker games.

You can create an account at Bovada Poker right now and get access to play-money games and freerolls. Both of these options are perfect for anyone trying to master new skills because they don’t cost anything to play.

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FAQs

What is the best strategy to use in poker?

Is poker a game of skill or luck?

What is the best position in poker?

What is the most profitable poker style?

Responsible Gambling

Mastering basic poker strategy isn’t a green light to play recklessly. The foundation of any winning strategy is responsible gambling. Never bet more than you can afford to lose, and never play longer than necessary. Check out our responsible gambling FAQ for more tips.

Resources

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Dutch politician proposes complete ban on gambling advertising https://readwrite.com/dutch-politician-proposes-complete-ban-on-gambling-advertising/ Fri, 09 Feb 2024 16:42:37 +0000 https://readwrite.com/?p=253708 A man buys a lottery ticket at a kiosk / Dutch politician poses complete ban on gambling advertising

A politician in the Netherlands has proposed a complete ban on gambling advertising in the European country, citing fears for […]

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A man buys a lottery ticket at a kiosk / Dutch politician poses complete ban on gambling advertising

A politician in the Netherlands has proposed a complete ban on gambling advertising in the European country, citing fears for young people and vulnerable groups as the motivation.

Derk Boswijk of the Christian Democratic Appeal party (CDA) is the representative pushing the motion, reports i Gaming Business.

If carried, this legislation would further banish the visibility of gambling brands and services after a ban was implemented last year on most forms of gambling advertising, including the mediums of television, radio, and print. The move also prohibited advertising in the public domain billboards, street signs, bus shelters, etc.

Total opposition

As things stand, the law still permits targeted advertising in limited forms, including social media, online gaming platforms and embedded within on-demand streaming content.

However, Boswijk believes the current arrangements are inadequate, with his motion supported by his peers, fellow Dutch parliamentarians Diederik van Dijk, Nicolien van Vroonhoven, Michiel van Nispen and Mirjam Bikker.

A vote will now take place in the Dutch House of Representatives on Tuesday to debate the matter and decide if there is enough of an appetite for an outright ban.

Bikker also wants to see a strict deposit limit adopted across the Dutch gambling landscape.

He brought forward a separate motion which would regulate deposits and losses on online casino games, with players unable to further increase their stakes on their own. Again, this plan was well received by various cross-party members, including Boswijk.

This is the latest change to be imposed on the gambling industry in the Netherlands after the gaming regulator was concerned about contravention of the Dutch Gambling Act.

The Kansspelautoriteit (KSA) acted to enforce a stricter ruling around loss-based bonuses following a wide-ranging investigation. Specifically, the regulation body has changed the terminology around its guidelines on cashback bonuses to address concerns on the matter and for the purposes of good legislation.

Image: Peaton Hugo/Pexels

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How to Win Poker – Best Poker Tips for Winning Games https://readwrite.com/gambling/guides/how-to-win-poker/ Fri, 02 Feb 2024 15:32:22 +0000 https://readwrite.com/?p=252264 BetOnline - Poker terms

We’ve got the scoop on how to win poker tournaments and cash games. Whether you’re heading to a local casino, […]

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BetOnline - Poker terms

We’ve got the scoop on how to win poker tournaments and cash games. Whether you’re heading to a local casino, hunting for poker bonuses, or want to play for free online, our tips have you covered.

How to Win at Poker: Getting Started

It’s important to know how to play poker before you fill your head with strategy concepts like bet sizing. Many beginners seem to miss this step before they go off hunting a full house or catching community cards. They get blinded by the potentially profitable moves they can make and forget about the fundamentals.

So, even before you learn basic poker strategy, ensure you know how to play poker. Our guides show you how. Once you’ve got a foundation to build on, these are the proverbial bricks you need to build a system of ways to win in poker.

Ignition Poker - How to win poker

Picking the Right Games

Always aim to be one of the best players at the table. Learning how to play Texas Hold’em poker online is great because there are dozens of different games to choose from (see image below). Being a good poker player is about knowing what stakes to look for, and who to play against.

Moreover, the lobby tells you how passive/aggressive players are. Look for tables where players are playing a lot of hands (high VPIP % or high Flop %) but not raising very much (low PFR %).

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Look for the Fish

Learning how to win at online poker is about making use of all the information. If you were learning how to play poker before internet sites were a thing, the only way to find weak players (aka fish) was to sit and watch games for long periods.

Of course, there are times when spotting fish in live games is easy. However, for the most part, it takes time. You may know what a big blind is, and that a straight flush beats a full house. But do you know how to exploit weak hands and take advantage of poor players?

It takes just a few seconds to find a weak poker player online. Firstly, you can use online poker sites that attract players with below-average skills.

Offshore poker sites with casinos or sportsbooks attached usually fall into this category. Gamblers from those verticals often cross over to poker, and because they’re not particularly skilled, they’re easy targets.

Use Tracking Software

You can also use tracking software and table stats. Look at the statistics relating to the number of poker hands people play. Then, compare this to how many times they bet or raise during a card game.

If players are playing lots of hands but not raising much, they’re probably a fish. Learning how to win at Texas Hold’em poker is as much about finding the right players as making the right moves. You’ll have a much better chance of winning if you can find players who are weaker than you, so always look at the stats.

Bet Sizing

There are plenty of mathematical strategy poker books that break down the intricate details of how to bet correctly based on what you’re trying to achieve.

For example, if you know someone calls a lot on the river, it’s mathematically more profitable to bet the size of the pot – or over the pot – than anything smaller.

That’s because, in the long run, you stand to make more overall, even though big bets can scare people. This is a beginner’s guide on how to win in poker, so we don’t need to get too far into the weeds when it comes to nuanced bet sizing. The main thing to remember is that your bet and raises sizing matters when you’re playing Pot Limit and No Limit games.

poker chips - how to win at poker

That’s why one of our top Texas Hold’em tips is to size your bets based on the amount of money in the pot and the outcome you want to achieve.

For example, the standard pre-flop bet is 2.3x to 3x the big blind. The standard pre-flop raise/3-bet is approximately 3x the previous bet. There are exceptions to these rules, but sticking to these pre-flop rules should keep you on the right path.

Pots and Stacks

Beyond these basic poker tips, the amount you bet post-flop needs to be based on whether you want an opponent to call, raise, or fold. Once you’ve got your intention set, take these two variables into account:

Bet an amount that aligns with the size of the pot

For example, if there’s $100 in the pot and you bet $25, your opponent has to call $25 to play for a $125 pot. That means your opponent has pot odds of 5/1. Think about how attractive these odds are for your opponent. If you want them to call, make the odds attractive. If you want them to fold, make the pot odds unattractive.

Bet an amount based on your stack size and an opponent’s stack

A bet that equates to a significant percentage of your stack suggests you’re confident. Why? Because you’re committed to going all-in. The same is true if the bet represents a significant percentage of your opponent’s stack.

Table Image

One thing almost all novices miss when they’re learning how to play poker is that people watch every move you make. You should also be watching people, but don’t forget that you’ll also be under scrutiny. Consider how you’re being perceived and think about your table image while you watch players betting.

For example, you might get five good hands in a row and play them all aggressively. No one else at the table will know that you had five strong hands if you don’t go to a showdown. Therefore, they’ll probably assume you’re a loose-aggressive player.

The reality is different, but it doesn’t matter. Your table image is based on people’s perceptions. If they think you’re a loose player, they’re likely to play back at you and vice versa. This means you need to think about how your actions affect what people think about you and adjust accordingly.

Reading Tells

Everyone has tells. In poker, tells are behavioral patterns that give away something about their hand. One of the best ways to win in poker is spotting tells and, in turn, working to reduce the number of tells you give off. Spotting tells in other people allows you to better understand the poker hands they’re playing.

It’s important to note that live poker tells differ from online tells. That’s pretty obvious because you can’t see people online. However, it’s worth making the point because the setting changes what you need to focus on.

For instance, In live games, physical gestures might be more important than betting patterns. When you’re playing online, all you’ve got to go on are betting patterns.

In the interests of showing you how to win in poker, regardless of the setting, here are some of the most common online and live tells. Before you digest the following lists, remember that all poker tells are individual. A move that signals weakness from one player could represent strength in another.

Online Poker Tells

  • Players who check, bet, call, or raise quickly usually have a strong hand
  • Players who take a long time to act usually want to appear weak or have a tricky hand
  • Players who constantly timeout aren’t focused, usually because they’re playing multiple games
  • Players who fold instantly, except when they enter a pot, tend to have strong hands
  • Players who talk too much in the chat box are usually on tilt

Live Poker Tells

  • Players whose hands shake are fighting adrenaline so they can have a great hand or a bluff
  • Players who ask, “how much was that” are usually not paying attention and are ripe for bluffing
  • Players who avoid eye contact are typically nervous because they’re bluffing
  • Players who lean back in their chair/look relaxed usually have a strong hand
  • Players who sit up and take notice when it’s not their turn are usually eager to play a strong hand

Manage Your Bankroll

Bankroll management is as important as knowing how poker hands rank. We can show you how to win a poker online and give you dozens of Texas Hold’em tips, but it all counts for nothing if you are broke. To put it another way, you’ll never be able to implement a basic poker strategy without a bankroll.

You can check out our bankroll management guide for a complete overview of managing your money correctly. What we’ll say here is that the stakes you play for must represent a small percentage of your bankroll. Ideally, you’ll never have more than 2% of your bankroll at risk in a cash game or tournament.

Play in Big Live Poker Events

Experience counts for a lot when you’re learning how to win in poker. Our tip is to get out and play live games in your local casino. It’s also worth playing satellites.

Winning a satellite can get you into mid-stakes tournaments with generous prizepools, such as those on the RunGood Tour, for a small cost. These events typically attract a lot of recreational players, so they’re great places to test out your new moves.

WSOP espen jorstad -how to win at poker

(Source: Erik Verduzco/Las Vegas Review Journal)

Utilizing Poker Bonuses

Of all the ways to win in poker, bonuses are the only things that guarantee a return on your investment. Playing the right poker hands, mastering the art of bluffing, and value betting are all skills you need to master, but there is no guarantee you’ll win pots. Poker promotions, such as deposit bonuses, rakeback, and loyalty rewards, offer guaranteed returns.

So, even if you struggle to implement a basic poker strategy, claim as many bonuses as possible. Doing this will, at worst, offset some of your losses. Bonuses can also give you a financial buffer to fall back on when you’re first learning how to play poker.

Advanced Strategy on How to Win Poker

This is a beginner’s guide on how to win in poker. We’ve given you poker tips that can put you on the road to success, but there are many steps to the top. The next moves you need to take are listed in our more detailed poker strategy guide.

One of the main concepts discussed in that article is Game Theory Optimal (GTO) play. This approach looks at ways to win in poker based on mathematics.

Specifically, GTO aims to make the mathematically optimal play in every scenario based on bet sizing, pot size, a player’s range, and table dynamics. Essentially, GTO poker strategy removes psychology from the situation and aims to play in an unexploitable way using mathematics.

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Top 5 Tips for Winning at Poker

We’ve laid the foundations, so at this point, you should have a basic idea of how to win poker tournaments and cash games. You can build a fortress from these foundations, and the following online poker tips are the bricks you need.

Focus, Focus, Focus

The easiest thing to do at the table is to lose focus. The most successful players often maintain their focus and composure the longest.

Think in Ranges

Put opponents on a range of hands and whittle it down based on their play rather than trying to pinpoint one specific hand from the start.

Deny Opponents Value

Don’t make it affordable if you suspect opponents are chasing a draw. Deny them value by making large bets.

3-Bet in Position

3-betting is a powerful move as it forces an initial raiser to re-evaluate the strength of their hand. Make this move even more powerful by doing it when you have position.

Squeeze Weaker Callers

The squeeze play is often cited in guides on how to win at Texas Hold’em poker. This move requires you to 3-bet following a raise and a call. You’re raising to squeeze out the person who called the initial raise.

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More Information on Playing Poker

Below are more useful resources on how to play poker like a pro:

Play Free Online Poker and Win

Going from this introductory guide on how to win at online poker straight into a high-stakes cash game is a terrible idea. We’ve given you our best poker tips, but you’re still a novice at this stage.

Therefore, the best thing you can do is join some of our recommended poker sites and play their free games. This means using play-money tables and entering freerolls.

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FAQs

What is the best advice on how to win at poker?

What is the best poker strategy to employ at the table?

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Responsible Gambling

Always gamble responsibly. You need to be disciplined to make it in poker and survive for a long time. Employ good bankroll management practices and use the tools available at our top-rated offshore poker sites.

Resources

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Taylor Swift-themed betting options launched by DraftKings https://readwrite.com/taylor-swift-themed-betting-options-launched-by-draftkings/ Thu, 08 Feb 2024 15:15:23 +0000 https://readwrite.com/?p=253513

Oregon Lottery’s DraftKings Sportsbook has launched a range of betting options centered around Taylor Swift songs in the lead-up to […]

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Oregon Lottery’s DraftKings Sportsbook has launched a range of betting options centered around Taylor Swift songs in the lead-up to the SuperBowl.

Fans of the singer will be able to place bets named after popular songs for the game between the Kansas City Chiefs and San Francisco 49ers on February 11. These include ‘Shake It Off’, where participants can bet on which team will score first, and ‘Wildest Dream’, which would place bets on specific player performances.

“The fanfare and celebrities at this event generate the most interest in sports betting we see all year, ‘The ‘Taylor’ effect may also result in more casual sports betters taking a chance to have fun,” Kerry Hemphill, Oregon Lottery’s Sports Betting Products Manager, told Gambling Insider.

Taylor Swift and the NFL

The ‘Taylor’ effect here refers to the growing interest in American football from Swifties and Swift’s own growing prominence in the NFL, thanks to her budding relationship with Kansas City Chiefs tight end Travis Kelce. She has been spotted at various games, supporting her boyfriend, while Kelce himself has also attended multiple nights of Swift’s performances as part of Eras Tour.

The NFL has leaned into Swift’s presence at matches, often spotlighting her (among other celebrities) on live footage of the games and social media.

Some long-term fans of NFL resent the perceived emphasis on Swift’s presence at games, but the practice of highlighting famous faces at live games is a long-standing tradition in football coverage.

Indeed, if the singer’s presence is pulling in new fans to the game, with predominantly young women watching more games than before, it can only be a positive for the sport as a whole. For example, 16% of American consumers stated that Swift had influenced them to spend money on football, a recent survey of 2,000 people conducted by online lending marketplace LendingTree found.

Kelce’s brother and fellow football player Jason Kelce said that “the NFL would be foolish not to show Taylor Swift”.

“She’s an unbelievable role model for young women across the globe,” he continued while speaking to WCPO 9.

Featured image: Wikipedia Commons licensed under CC BY-SA 2.0

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NFL’s Jaguars hunt embezzled funds from FanDuel https://readwrite.com/nfls-jaguars-hunt-embezzled-funds-from-fanduel/ Tue, 06 Feb 2024 17:34:57 +0000 https://readwrite.com/?p=253047 American Football on field of grass

The Jacksonville Jaguars are seeking money that was stolen and used to fund an ex-employee gambling habit returned from FanDuel, […]

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American Football on field of grass

The Jacksonville Jaguars are seeking money that was stolen and used to fund an ex-employee gambling habit returned from FanDuel, according to ESPN.com

Amit Patel was responsible for the NFL team’s virtual credit card and pleaded guilty to wire fraud and illegal monetary transactions in Federal Court to the figure of $22 million.

In his time at the Jaguars Patel was responsible for departmental budgets and monthly financial statements up until his termination in February of last year.

According to federal court documents Patel staggeringly used the funds “to place bets with online gambling websites, to purchase a condominium in Ponte Vedra Beach, Florida, to pay for personal travel for himself and friends (including chartering private jets and booking luxury hotels and private rental residences), to acquire a new Tesla Model 3 sedan and and luxury wrist watches.”

This incredible amount of outlandish fraud seemed to go unnoticed as Patel was the sole administrator of the company system, managing to place $20 million worth of sportsbook bets with the ill-gotten gains.

Jaguars fighting tooth and nail

The Jaguars are believed to be pursuing the embezzled funds on the grounds that they were acquired by illegal means to place the sportsbook bets.

According the the ESPN.com report, there is a “settlement” ongoing between FanDuel, the NFL and the Jaguars.

Patel’s attorney Alex King said that his client suffers from a “serious gambling addiction” and the majority of the funds he embezzled were to patch over those massive debts according to the Athletic.

King said “It started with a little bit and, as these things usually do, spiraled wildly out of control.”

”Almost the entirety of the funds Mr. Patel used from the VCC were spent on the gambling websites and efforts to win money back, with the anticipation he would repay the funds with the winnings and make the Jaguars whole,” King told the Athletic about his clients $20 million in bets to FanDuel and 1$ million to Draftkings.

“Unfortunately, Mr. Patel’s compulsive gambling only exacerbated the situation, and he continued to misappropriate funds in an effort to have gambling winnings offset his significant losses,” he concluded.

The Jaguars will be enquiring about the lack of account red flags and gambling controls that were not triggered with the amount of large daily sums that were wagered by Patel.

No matter the outcome this will most definitely set a precedent in the world of sports gambling, but for the Jaguar’s sake, they will hope the lion’s share of the luck falls their way.

Image: Jean-Daniel Francoeur, Pexels.

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Blackjack 101 – Basic Rules on How to Play Blackjack https://readwrite.com/gambling/guides/how-to-play-blackjack/ Tue, 06 Feb 2024 11:30:30 +0000 https://readwrite.com/?p=252743 how to play blackjack

If you want to learn how to play blackjack, you’ve come to the right place. This is a classic casino […]

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how to play blackjack

If you want to learn how to play blackjack, you’ve come to the right place. This is a classic casino card game with dozens of variations.

The basics are easy to learn, but the game is tricky to master. Luckily you can depend on us to show you the ropes and point you to reputable online casino operators. We’ll go over the rules of blackjack variants and talk about different side bets.

How to Play Blackjack Online

If you know how to play blackjack at a casino, then you’ll know how the online version works. Virtual tables have their minimum and maximum bet ranges, and blackjack payout will vary based on the version of the game.

You don’t have to spend any money to learn how to play blackjack online. Casino sites allow you to practice in demo mode as much as you like. Therefore, you can play for free and hone your skills until you are comfortable enough to gamble with real money.

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Understanding the Basic Blackjack Rules

In the US, blackjack is available in almost all brick-and-mortar and online casinos, offering providers like NetEnt. According to the rules of blackjack, the goal is to get a hand score (combined value of the cards you hold) that is as close to 21 as possible without going over it.

Each card from 2 to 10 has a value equal to its number. Jack, Queen, and King all have a value of 10, while aces can be counted as either 1 or 11.

You are competing against the dealer, so whoever has a better score wins. Going over 21 is a “bust” or an automatic loss, while hitting exactly 21 is an automatic win.

Step 1: Joining a Blackjack Table

Online casinos host multiple variations of the game, each with slightly different blackjack rules and betting limits. They are either in the “Table Games,” “Live Dealer,” or a category called “Blackjack Games.”

how to play blackjack online

Pick the one you like, click on the chips to place a bet, and then press deal to start the round. At the start, you’ll get two cards face up, while the dealer gets one card face up and the other one face down.

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Step 2: Buying Chips and Placing Bets

If you know how to play blackjack in a casino, then you know that you can buy chips from the dealer. However, when you have an online casino account, you need to use the Cashier option to add funds for gambling. It’s also possible to use a casino bonus to get additional funds that can be used for playing blackjack.

how to play blackjack online 2

You don’t buy chips when playing online. The chips in your user interface only represent a fixed amount you wish to wager per hand. The bet size must be within the game’s minimum and maximum range (e.g., Min: $1 – Max: $5,000)

Step 3: Playing the Hand

Once you press the “Deal” button, you’ll be dealt 2 cards (face up), and a small number next to the cards will show the value of your hand. The dealer gets 1 face-up card and the other one face-down.

how to play blackjack online

The following options then become available to the player:

  • Hit – Get an additional card. The option is available as long as you are eligible to get cards. Going bust will automatically end the turn
  • Stand – If you don’t want any more cards, you need to click on “Stand” to finish your turn
  • Double – You double your bet size, get another card, and your turn immediately ends. In basic blackjack rules, you can only double on hard 9,10, and 11
  • Split – If you were dealt 2 same number cards, the split button turns them into two hands that compete separately
  • Surrender – Use this if you don’t like the starting hand to back out and receive half of your bet back

Step 4: Dealer Reveals Their Cards

When the player finishes their turn, the dealer begins his turn and reveals their face-down card. If the dealer’s hand score is 16 or lower, they must hit. If it’s 17 or above, they must stand or finish their turn. Some blackjack casino rules require dealers to hit on soft 17.

how to play blackjack online 4

Soft 17 – When a dealer has an ace in his hand that counts as 1 rather than 11, and his total hand score is 17, it counts as soft 17.

Step 5: Determining the Winner

If your hand score is higher than the dealer’s, you win. Otherwise, you lose, and the chips/money you wagered goes to the casino. Winning hands pay 1/1 – you receive the exact amount you wagered, and the original bet amount is credited back to your budget/account.

The payout is higher if your winning hand consists of an Ace and a card with a value of 10 (King, Queen, Jack, and 10). That’s called “Blackjack,” and it can pay 2/1, 3/2, or 5/3, depending on the game variant you picked.

Any hand that is a “Bust” is resolved before the dealer takes his turn, and it’s an automatic loss. If you and the dealer have an equal hand score, then you tie, and you get your original bet back. In some variant rules of blackjack, the tie is resolved differently.

More on Blackjack Betting Rules and Payouts

Players have optional actions that can ramp up their winnings, turn the bad situation around, or salvage a portion of their bet.

  • Double – If the value of your starting hand is 9,10, or 11, it’s possible to double your initial bet. If you do this, you must get an additional card and stand afterward, provided you don’t go bust.
  • Split – If your starting hand contains two cards with the same number, you have an option to split. This means you get two hands that compete in the round and take separate turns. Doing so requires you to double the original you had on that hand.
  • Insurance – An option is only available if the dealer’s face-up card is 11 (Ace). This is the only side bet in basic blackjack rules, and it pays 2/1 if the dealer gets a natural blackjack at the start of his turn. The maximum insurance bet is equal to half of your original bet in the round.
  • Surrender – You can surrender at the start of your turn instead of taking any other action. Doing so will refund half of your bet.

Once you get the hang of the simple blackjack rules, feel free to check out the 21+3 game version that includes a side bet. You decide whether to place this bet before the cards are dealt. To win your first 2 cards and the dealer’s face-up card must make one of the following combinations:

  • Flush – 3 cards are of the same suit (Pays 5/1)
  • Straight – 3 cards of consecutive numeric value, like 7,8,9 (Pays 10/1)
  • 3 of a Kind – 3 cards of the same numeric value, like 7,7,7 (Pays 30/1)
  • Straight Flush – 3 same-suit cards with a consecutive numeric value (Pays 40/1)
  • Suited Tripple – 3 same-suit cards with the same value (Pays 100/1)

How to Place Blackjack Bets Online

When you start playing, the game will prompt you to place your bet. It will highlight the circle on the virtual table, and whenever you click or tap on the chip buttons, you will add/increase the bet amount.

Typically, your budget and table betting limits are shown in the lower-left corner of the screen, while chips (fixed bet values) are on the right. So, whenever you click on a chip to place a bet, the same amount displayed on the chip is automatically debited from your budget.

It’s possible to adjust your bet size in increments equal to the virtual table minimum. So, if the blackjack betting rules say the minimum is $1, the minimum chip value will be the same. Also, whenever the round is finished, the game will give you the option to use the same bet size in the following round.

You need to place a regular bet to unlock the side bet options (only in 21+3). When a side bet becomes available, the box/circle above your regular bet area will start to blink. Click on the chips once again, and press deal if you are ready.

Bets aren’t final until you click the “Deal” button. What’s more, you can play multiple hands and allocate a different number of chips for each one. In most online blackjack games, you can play up to 3 hands at once.

Online Blackjack Table Limits

It’s always wiser to choose a low-limit table if you don’t know how to play Blackjack yet. Usually, low-stakes games will have a minimum bet between $0.50 and $1, but it’s possible to find versions that go as low as $0.10. Maximum bets can go up to $5,000 or $10,000 in lower and regular stakes games.

In live dealer blackjack games, the maximum bets can be between $2,500 and $10,000; however, the minimum bet is usually $10 or higher.

It’s possible to find high-stakes or VIP blackjack tables even in online casinos. The minimum bet in these games is $100, while the maximum bet range is $50,000 to $100,000 or even higher.

Pros and Cons – Online Blackjack vs Live Blackjack

Although simple Blackjack rules in online and live casinos are identical, the gameplay experience is not. Playing online definitely has its perks, but you are missing out on some of the game’s charms.

Pros:

  • No wait time and easy access
  • Perfect for bankroll management
  • You can play alone or with other players
  • Gamble with bonus money or play for free

Cons:

  • Without social interaction, the game feels less authentic
  • Potential software bugs can ruin a winning round
  • The card-counting strategy is less viable if you play online

More Guides on How to Play Blackjack at a Casino Online

Now that you know how to play Blackjack, here are a few tips for finding the right operator:

Different Types of Blackjack Games Online

The game has dozens of variations, luckily, blackjack betting rules are almost identical in each one. We’ll go over some of the popular variants and explain what makes them unique.

American Blackjack

In American Blackjack, the shoe will have between 6 and 8 decks. Players are allowed to double on any hand regardless of its value, even after splitting. Split is allowed up to 3 times. Late surrender is also possible if the dealer’s face-up card is worth 10 or 11, but only after he checks for blackjack.

European Blackjack

This version uses between 2 and 8 decks. Split is allowed only once per round, and doubling is only possible if the hand score is 9,10, or 11. In European blackjack betting rules doubling on a split hand isn’t allowed.  Also, you cannot Surrender if the dealer’s card is Ace.

Blackjack Switch

Here, you play 2 hands with identical bet sizes and are allowed to switch the second card between the 2 hands. However, the dealer doesn’t bust if his hand is 22. When this happens, it’s considered a draw unless the player has blackjack that didn’t result from a switch or split.

Double Exposure Blackjack

In Double Exposure blackjack rules, the dealer plays with both of his cards revealed. To compensate for this disadvantage, the blackjack pays 1/1, and there are no insurance and surrender options. More importantly, if you tie, the dealer wins.

Blackjack Perfect Pairs

A variation where players can place a side bet on their hand. The cards you are dealt must make 1 of 3 possible pairs – Mixed pair (pays 5/1), Color pair (pays 10/1) Perfect pair (pays 30/1). The side bet is resolved at the start of the player’s turn.

Spanish 21

There are a few deviations from standard blackjack casino rules. The 10-number cards are removed, and there are a few payout rules for when you hit 21. Surrender after double down is also available.

Pontoon

It’s almost identical to classic Blackjack, but the 10 cards are removed. In Pontoon getting an ace and a face card pays 2/1. A side bet option is also available where you win if the 2 initial cards are a pair. You can split multiple times unless you have a pair of aces, then, you can split only once.

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FAQs

How does blackjack work?

How can I win in blackjack?

What is the difference between blackjack and 21?

Does blackjack require skill, or is it a game of chance?

Can you ever win blackjack?

What kind of bet should I make in blackjack?

Responsible Gambling

Gambling isn’t a source of revenue, and it won’t help with financial stability. Play only to have fun, and so long as you have fun.

Staying in control of your bankroll and limiting your play time is crucial for responsible gambling. If you feel that gambling is having a negative impact on your life, you can reach out to one of the following help groups:

You can also call 1-800-GAMBLER to get immediate support.

Resources

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How to Bet on Sports – A Beginner’s Guide to Online Sports Betting https://readwrite.com/gambling/guides/how-to-bet-on-sports/ Thu, 01 Feb 2024 08:41:33 +0000 https://readwrite.com/?p=252018 Fans watching a live baseball game inside the stadium / Betr announces online sportsbook expansion in the US

Learning how to bet on sports is becoming a necessary skill for most avid sports fans nowadays. When most sports […]

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Fans watching a live baseball game inside the stadium / Betr announces online sportsbook expansion in the US

Learning how to bet on sports is becoming a necessary skill for most avid sports fans nowadays. When most sports fans turn on their television to watch their favorite teams, there’s a new industry vying for their attention. This sector has exploded since the PAPSA legislation was struck down in 2018, with 38 states having now legalized sports betting.

So, if you’re new to this market and want to know how to bet on sports, you’ve come to the right place! Here, we’ll explain how to bet on sports online, while casting our eyes over the available markets and most popular categories.

What is Sports Betting?

Betting on sports is primarily a fun and social pastime that can enhance any spectator or live viewing experience. Simply put, sports betting enables you to wager on a host of pre-game or in-play outcomes, depending on the discipline, teams, and players in question.

However, it was prohibited in the US at the federal level until May 2018, when the US Supreme Court struck down the Professional and Amateur Sports Protection Act (PAPSA) of 1992. This allowed individual states to create fully regulated and taxed betting markets, with 38 jurisdictions following this course during the last five-and-a-half years.

Is Sports Betting Legal?

Betting on sports has certainly spread like wildfire in the US since May 2018, with the 38 states that have legalized the practice granting licenses to a finite number of applicants. You’ll encounter seemingly endless commercials and sports betting offers from licensed brands in these states, especially ahead of high-profile events such as the Super Bowl!

Even in the 12 states that haven’t formally legalized sports betting, few have passed legislation prohibiting offshore sites. These entities, which include highly reputable brands like BetOnline, are based offshore and licensed by regulators in jurisdictions like Panama and Curacao, making them safe, secure and viable in states like Georgia and Kentucky.

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Most Common Types of Sports Bets

Washington sports betting
washington sports betting

Now that we’ve dealt with the legal complexities of sports betting in the US, it’s time to start exploring the fun side of wagering! Let’s start by looking at the most common and popular sports bets available, each of which strike their own unique balance between risk and reward.

Moneyline

This is the most straightforward way of betting on sports, as it simply requires you to pick the winner in a particular game. If you’re looking to start betting, moneyline wagers are the best sports bets for new bettors, thanks to their very basic premise. Forget point spreads and parlays, simply decide the winner of the game and collect your winnings.

Depending on your preferred sport, the draw may also be a consideration here, although this isn’t the case in basketball, hockey or tennis! The draw is also vanishingly rare in football. In fact, just 29 NFL games have ended in a tie since the introduction of overtime in 1974, so moneyline betting here tends to include just two realistic outcomes.

Conversely 30% of MLS matches were tied in 2023, which makes moneyline betting on soccer games a little more complex. However, you can negate this in some cases by placing a ‘Draw No Bet’ wager, which enables you to bet on a match winner and have your stake refunded if the contest ends in a tie.

Point Spread

The point spread may also be known as ‘handicap’ betting, effectively allowing you to back short-priced favorites to win at enhanced odds.

The points spread describes the expected final score difference between two competing teams. It can be expressed as both a negative (-) or positive number (+), but the former is most widely used to handicap a betting favorite and unlock better value odds. But, determining how many points a team will win by can be tricky business.

When engaging in points spread or over/under betting, you’ll notice that sportsbooks use ‘half points’ (such as 47.5). This ensures that every betting line or market has only two potential outcomes.

For example, while San Francisco is the narrow favorite to defeat the Kansas City Chiefs in Super Bowl LVIII, you could back the 49ers to win with a -2.5 points spread. This will lengthen the pre-game odds incrementally, while the 49ers will have to win by three or more points for the wager to be successful!

Prop Bet

Prop or ‘proposition’ bets are incredibly popular in sports gambling. This enables you to bet on the occurrence (or non-occurrence) of certain in-game events, most of which won’t be directly related to the final result.

The majority of prop bets revolve around team and player performances, while sports like basketball and American football are packed full of such wagers. In the NBA, for example, you can wager on the number of points, assists, rebounds, blocks, or steals completed by a particular player or the number of three-pointers made during a game.

In the NFL, wagering on passing, receiving, and rushing yards are all popular examples of prop betting. You can even combine two of these prop bets in the same wager, or as part of much broader same-game parlays.

Over/Under

Over/under betting is usually focused on the combined number of points or goals scored in a particular game. Also known as ‘totals’ betting, this requires sportsbooks to set specific totals as individual betting lines, and you’ll have to make a selection based on analysis of the competing teams or players.

Then, you’ll have to predict whether the actual points total in a game will be over or under your chosen threshold. Typically, this market is relatively evenly priced, while it’s a straightforward wager type with just two potential outcomes.

For example, let’s say that the most popular over/under betting line for the total number of points scored in the 2024 Super Bowl is 47.5. If you think the total points tally will be 47 or lower, you’ll bet under this threshold. However, if you predict a higher scoring match, you’ll wager on over at the relevant odds.

Futures

Futures may also be known as outright markets, while they’re focused on the eventual winners of a league, tournaments or knockout competition. For example, you can bet on the winners of each conference during the NFL regular season, in addition to the team that will prevail in the subsequent Super Bowl.

Typically, these markets are competitively priced, depending on the number of contenders in a particular field. You can also realize superior value by betting on favorites relatively early, as teams or players that receive significant backing will see their prices shorten noticeably over time.

Live Sports Betting

If you were to delve into sports betting 101, in-play wagering would be widely discussed. This is becoming increasingly popular in the US and similar markets, while it unlocks potentially thousands of wager types and micro bets on sports like football, basketball and baseball.

When you learn how to bet on sports, you’ll certainly have to understand the vagaries of live wagering. This enables you to bet on the action as it unfolds, for example, so it’s recommended that you watch the games that you wager on. This makes it easier to gauge momentum in matches and make informed selections.

Bankroll management is also key when betting in-play. After all, you can place multiple live bets in a short period of time, so it’s important to wager in a disciplined manner and regulate stake amounts as much as possible.

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How to Read Sports Betting Odds

When learning how to bet on sports, you’ll also need to understand how odds are presented and their function. Understanding odds is the difference between bettors who win money and those who lose money. Unsurprisingly, the American odds format is most popular in the US, with this using three-digit numbers complete with either a ‘minus’ or ‘plus’ sign. So, how do you read odds?

The minus sign indicates a betting favorite, while the accompanying number relays how much you’ll have to stake to win $100. Conversely, a plus sign is indicative of a betting underdog, while the associated number tells you how much you’ll win if you wager $100.

Using the aforementioned example of the Super Bowl clash between the 49ers and the Chiefs, if an online sportsbook is offering the Niners moneyline at -125, that means you’ll have to wager $125 to win $100. Conversely, the latter can be backed at around +100, so a stake of $100 will see you bank $100 in profit.

American odds can also be used to reveal the implied probability of a particular outcome occurring. In fact, there are two separate equations for favorites and underdogs, while they read as follows:

  • For Favorites: odds/(odds + 100) x 100
  • For Underdogs: 100/(odds + 100) x 100

If we use the odds referenced above, we can calculate that the 49ers have a 55.55% chance of lifting the Lombardi Trophy. However, the Chiefs’ odds imply a 50.00% probability of a Kansas win, and this knowledge can help you to set the optimal stake amount.

How to Place a Sports Bet

Now that you understand how American odds function and the primary wagering markets available, you’ll want to learn how to place a sports bet! Of course, this depends on how and where you wager, as some states offer retail sports betting which lets you stake money at brick-and-mortar casinos or racetracks.

When betting online, you’ll be able to access a range of US or offshore betting sites (depending on your state). Regardless, it’s important to ensure that your chosen site is reputable and licensed, while it should have verified credentials from a recognizable regulatory authority. Remember, offshore sportsbooks are safe, so long as they’re fully licensed and regulated!

You can then compare sites according to a number of different metrics, from the range of betting markets on offer to the quality of customer support or accepted payment methods. You can also check out our recommended online sportsbooks in more detail!

Sports Betting Payment and Deposit Methods

If you do learn how to bet on sports online, you’ll most likely have access to a broad range of secure and trusted payment methods.

These include both fiat and cryptocurrency options, including Visa debit, Mastercard and Bitcoin, while various ewallets are also accepted at offshore betting sites. Here’s a summary of the most common deposit and withdrawal options and their unique features!

Payment Method About Examples
Cryptocurrencies
  • No fees
  • Quick withdrawals (often within 15 minutes)
  • Completely private and anonymous
  • Bitcoin
  • Bitcoin Cash
  • Litecoin
  • Ethereum
  • Tether
  • Ripple
Traditional Payment Methods
  • Trusted and secure
  • Can link to a bank or credit account
  • Highly accessible
  • Debit cards
  • Credit cards
  • Bank transfers
  • Payment vouchers
eWallets
  • Quick and secure transactions
  • Link several payment cards in a single wallet
  • Withdrawals completed within 24 hours
  • PayPal
  • Skrill
  • Neteller
  • ecoPayz

Our Sports Betting Tips for Beginner Bettors

Learning how to bet on sports is highly recommended. However, you must also understand how to bet smart on sports, as this can translate into superior returns and minimized losses over time. So, here are some expert sports betting tips for beginners!

  • Study the Form: This is fundamental when you learn how to bet on sports, regardless of your chosen discipline or league. In sports like football, it’s also wise to distinguish between home and away form, while analyzing relevant head-to-head results may also be informative.
  • Factor in Home Advantage: Similarly, home-field advantage greatly affects how LasVegas calculates odds and the probability of outcomes. This varies from sport to sport, with 69.1% of MLS matches won by the home side and the NBA teams winning around 62.7% of their home games. So, be sure to factor this into your thinking!
  • Follow Team and Injury News: Injuries and suspensions can also have a huge impact on team sports betting markets, especially moneylines and points spreads. So, be sure to follow the latest news about injured or suspended players, while understanding the impact of load management and rotation in sports like basketball.

Popular Sports to Bet On

An American football resting just over the goal line for a touchdown

When you learn how to bet on sports, you’ll also see that there are multiple disciplines that you can wager on. Some sportsbooks cover more than 30 different sports, although the following are most widely represented in the US market:

Football

Football is one of the most popular sports to bet on in the US. In fact, the iconic Super Bowl is arguably the single biggest wagering event. The 2023 iteration of the NFL’s biggest game saw around 50 million Americans place a bet, with wagers totaling an incredible $16 billion! With the NFL still dominating the airwaves even in the offseason, those numbers are surely bound to trend up in the future.

Baseball

Baseball is also incredibly popular, with Major League Baseball (MLB) games generating huge sports betting volumes every single season. This sport also unlocks a large number of betting markets and props, many of which are available both pre-game and in-play!

Basketball

In July 2023, it was revealed that basketball was the most popular sport among US bettors. In fact, 52.7% of respondents to a survey revealed that they preferred to wager on basketball and the NBA, which unlocks significant betting markets and in-game micro bets!

Hockey

The National Hockey League (NHL) features 32 franchises, 25 from the US and seven from Canada. It’s an incredibly popular and widely bet on competition, while the Stanley Cup (which features four playoff rounds after the regular season) generates particularly high sports betting volumes.

College Football

College football is hugely popular in the US. The National Collegiate Athletic Association (NCAA) features three competitive divisions and thousands of young players. Bettors can wager on college games at all levels and across several different marketplaces. Many of these players go on to play in the NFL, too. Frankly, college football betting is scouting for NFL betting.

Soccer

Soccer is now a hugely popular sport in the US. This has been ramped up by the arrival of the legendary Lionel Messi and Luis Suarez at Inter Miami. Americans can also wager on a host of international soccer tournaments. These events include the FIFA World Cup and the UEFA Champions League.

College Basketball

The NCAA also oversees three college basketball divisions, both for the men’s and women’s games. The men’s competition features some incredibly well-supported and recognizable teams, including UConn, Purdue, North Carolina and Houston.

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Responsible Sports Gambling Resources

Learning how to bet on sports should be a fun and social pastime. If you find a time when you become concerned with your sports betting, it’s important to seek help. Don’t worry if this is the case. There are plenty of responsible gambling resources and charities to help you regain control of your activity.

We’d definitely recommend that you visit the National Council on Problem Gambling, which combines educational resources with practical help. You can also call ‘1-800-GAMBLER’ to speak to a counselor directly, while your state may also have specific agencies and charities that they work with.

The most important thing is that you remember to reach out for help. Sports betting should never be a source of stress or undue concern!

FAQs

Where can I bet on sports?

Is sports betting legal in the US?

Which online sportsbooks are good for beginners?

What’s the difference between a moneyline bet and a point spread bet?

How old do you have to be to bet on sports?

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India eyes $1.7 billion online gambling tax after controversial levy https://readwrite.com/india-eyes-1-7-billion-online-gambling-tax-after-controversial-levy/ Mon, 05 Feb 2024 15:14:05 +0000 https://readwrite.com/?p=252593 An image of a pile of Indian 500 Rupee notes.

India is aiming to collect around 140 billion rupees ($1.7 billion) in tax over the next financial year from online […]

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An image of a pile of Indian 500 Rupee notes.

India is aiming to collect around 140 billion rupees ($1.7 billion) in tax over the next financial year from online gambling operations.

As reported by Reuters, Revenue Secretary Sanjay Malhotra set out the proposed return on tax in the 2025 financial year. He indicated the government expects to receive around 75 billion rupees for the current financial year, up to the end of March, reflecting a significant increase from 16 billion rupees from the previous year.

In a blow to the betting industry and investors, the Indian government has cited concerns about addiction as part of its move in October 2023 to impose a 28% levy on funds collected by gambling operators on every bet a user places.

Industry representatives responded with scorn, insisting the move would hammer their earnings and warning of an impact on gamblers.

Aaditya Shah, chief operating officer at the leading gaming app IndiaPlays stated, “The implementation of a 28% tax rate will bring significant challenges to the gaming industry. This higher tax burden will impact companies’ cash flows.” His message was echoed by Roland Landers, CEO of The All India Gaming Federation who said the decision was “unconstitutional (and) irrational”.

No guarantees

Malhotra added a cautious forecast of what lies ahead:

“The tax generated 35 billion rupees in the October to December quarter, he said.

“The industry has stabilized, but it is early to make conclusive remarks. A review of the framework to tax online gambling companies will be conducted by April, but that doesn’t mean tax rates would be changed,” added the minister.

This form of tax raising is known as a goods and services tax (GST), applied to the online gambling industry in the South Asian republic.

Malhotra further revealed government GST collections overall have averaged 1.7 trillion rupees each month, with an expectation the figure will increase to a monthly sum of around 1.8 trillion as of the next financial year.

Featured image: Pranav Choubey/pexels

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BetMGM backs “big splash” into UK market https://readwrite.com/betmgm-backs-big-splash-into-uk-market/ Wed, 31 Jan 2024 16:03:16 +0000 https://readwrite.com/?p=251977 Image of London buses and red phone box on London street / BetMGM heralds big splash into UK market

BetMGM confirmed its arrival on the British gambling landscape back in August 2023, and as they prepare to mark the […]

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Image of London buses and red phone box on London street / BetMGM heralds big splash into UK market

BetMGM confirmed its arrival on the British gambling landscape back in August 2023, and as they prepare to mark the first half-year period, the company believes the results vindicate the “big splash” in the UK.

As reported by I Gaming Business, high-profile sports sponsorships, glitzy ‘Vegas style’ advertising, and an engaging customer experience are all said to have contributed to the initial success, which has gone above and beyond the expectations of BetMGM’s UK director, Sam Behar.

“It’s been an unbelievable first five months entering the UK, especially given how we did. We had a unique ambition to make things work, and we’ve certainly made a big splash, which is excellent,” he said.

“Of course, we always thought it would, but it’s made a much bigger impact than even we could have anticipated, and even though we had high hopes, we even exceeded those expectations. It’s fair to say punters really like our product, especially the Vegas experience that we’ve brought to the UK,” added Behar.

MGM has appeared to carve a slice of the pie for itself by providing an alternative. That has been made possible by focusing on engagement and user experience.

Data utilization has been a driver for the company, steering its direction with further credit given to its own exclusive products such as the MGM Grand Gamble slot game.

That’s Entertainment

BetMGM has attempted to bring the glamour of its Las Vegas image into its online casino offering while shaking up the traditional sportsbook market for British customers. Behar confirmed the deliberate ploy to combine US elements with a distinct UK-based identity.

Their endeavors have been helped by a bold television advertisement featuring American comedian Chris Rock and a lion gliding along London’s famed River Thames in a golden speedboat. At the same time, supplementary ads have run on Sky Sports, a major UK broadcaster.

The brand aims to be more than a disruptor. It wants to be loud, to be brash, to be an entertainer, and to provide something different.

Sponsorship and alignment are also part of the plan, with high-profile deals in place with Premier League soccer clubs Manchester City, Wolves, Brighton, Aston Villa, and Newcastle. MGM branding is apparent at all of those stadiums, with the marketing plan extending to title sponsorship of Darts’ Premier League.

The UK operation is a joint venture between MGM and Entain, a major international gambling company, listed on the London Stock Exchange.

Image: Pixabay/Pexels

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NBA icon LeBron James teams up with DraftKings https://readwrite.com/lebron-james-and-draft-kings-announce-partnership/ Thu, 01 Feb 2024 15:24:52 +0000 https://readwrite.com/?p=252152 Promotional of image showing NBA star LeBron James with the DraftKings logo behind him

Four-time MVP and NBA legend LeBron James announces DraftKings partnership via social media. The undisputed king of the NBA has […]

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Promotional of image showing NBA star LeBron James with the DraftKings logo behind him

Four-time MVP and NBA legend LeBron James announces DraftKings partnership via social media.

The undisputed king of the NBA has entered into the sportsbook betting world, partnering with one of America’s biggest fantasy sports companies.

 

Taking to X to make the announcement, LeBron wrote: “Football season just got A LOT more fun. Let’s go!”

LeBron joins a stellar list of sports icons in his team up with the second-largest sports book in America.

Names like Michael Jordan and David Beckham have trodden the same parlay path that King James now embarks upon as talent ambassador for football in a multi-year agreement.

A privilege for DraftKings

CEO and Co-Founder of DraftKings, Jason Robins took to Linkedin to announce the collaboration saying:

“Welcoming one of the most influential and greatest athletes of all time, LeBron James, to the DraftKings family is an absolute honor and privilege.”

LeBron will be able to expand his sizeable off-court empire and when the 37-year-old star calls time on his career he will have yet another opportunity to stay synonymous with the game.

Robins continued that Draft Kings “look forward to working with a passionate sports fan who shares the same competitive mindset that echoes throughout the walls at DraftKings, while delivering exciting engagement opportunities to our customers and his loyal fanbase for years to come.”

More hires for sportsbook operator

The announcement comes a few days after DraftKings unveiled Marie Donoghue as new Chief Business & Growth Officer and member of the DK Executive Team.

Donoghue brings with her a dearth of experience and joins the gambling powerhouse from a stint as Vice President of Amazon’s U.S. Sports Content & Partnership.

“We are delighted to welcome Marie Donoghue to our executive team and the immense wealth of experience she brings as a highly-regarded leader and trailblazer within our industry,” Robins stated.

“Marie’s exceptional track record speaks for itself, and she is poised to be a transformative force in our company’s future success.”

The new Chief Business & Growth Officer will be charged with uncovering new sustainable growth opportunities and spearheading internal processes.

“I am thrilled to be joining DraftKings during this exciting phase and have long admired the organization’s steady rise as an industry innovator,” said Donoghue.

This is a special opportunity to expand on its industry-leading position and propel the company to new heights.” she continued.

January has been a busy month for Draft Kings as we reported a potential game changing deal is on the horizon for the bookmaker with Barstool Sports.

Image Credit: Draft Kings.

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Betfred and bet365 owners listed among top five UK taxpayers https://readwrite.com/betfred-and-bet365-owners-listed-among-top-five-uk-taxpayers/ Tue, 30 Jan 2024 15:52:45 +0000 https://readwrite.com/?p=251810 Image of Westminster Palace, London, UK / Betfred and bet365 owners among top five UK taxpayers.

The owners of British gambling giants Betfred and bet365, respectively, were named among the top five highest taxpayers in the […]

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Image of Westminster Palace, London, UK / Betfred and bet365 owners among top five UK taxpayers.

The owners of British gambling giants Betfred and bet365, respectively, were named among the top five highest taxpayers in the United Kingdom, in a list compiled by the Sunday Times.

Betfred owners Fred and Peter Done and bet365 chiefs Denise, John and Peter Coates are the individuals involved, coming in at fourth and third on the listing.

Both companies are family-owned and based in the UK, with Betfred’s base at Warrington, England whilst 365 has its headquarters in Stoke-on-Trent, where they also own Stoke City Football Club.

The betting bosses outstripped the likes of Sir Tim Martin, owner of the dominant UK pub chain, JD Wetherspoon and Sir James Dyson and family, famous for their vacuum cleaner appliances and related household innovations.

Also named in the top ten of the rich list, were The Weston Family, owners of brands such as Primark, Twinings, and Silver Spoon. Their tax liability was stated as £146.2m, coming in 7th position on the report.

It was topped by financial trader Alex Gerko of XTX Markets, formerly based in Moscow, who was said to have paid £664.5m ($842.8m) to the UK government, whilst Bernie Ecclestone, the previous boss of Formula 1, was second on the list.

He was a new entry after paying £650m in tax and penalties to avoid prison. The 93-year-old was recently sanctioned after he failed to declare more than £400m held in a trust in Singapore.

Significant growth

It has been stated the combined total Betfred and bet365 contribution to the UK exchequer was £580.5 million ($736.3m), with the Done family paying £204.6m and the tax bill for the Coates interests coming in at £375.9m ($476.02m).

The Coates family topped the list as the highest taxpayer in the UK back in 2019 and Denise Coates retained that accolade in 2021 despite taking a pay cut of £170m that year.

Earlier this month, it was reported she was paid around £221 million during bet365’s last financial year, taking her earnings over the last four years to over £1 billion.

Betfred is yet to report on its 2023 earnings but the company experienced significant growth during the year, including a joint venture with Mohegan Sun in Las Vegas, as well as a launch in Virginia, the ninth US state the sportsbook is active in, where it will sponsor USL Championship soccer side, Loundon United FC.

Image: Pixabay/Pexels.

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How to Play Roulette – Basic Roulette Rules & Tips https://readwrite.com/gambling/guides/how-to-play-roulette/ Tue, 30 Jan 2024 11:14:16 +0000 https://readwrite.com/?p=251665 How to Play Roulette - Roulette Studio

Wondering how to play roulette? We have advice on playing roulette, including the basic rules, bet types, games, and other […]

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How to Play Roulette - Roulette Studio

Wondering how to play roulette? We have advice on playing roulette, including the basic rules, bet types, games, and other tips to get you started. Online roulette offers a low house edge too if you choose the right games and bets. Discover more with our guide.

Basic Rules of Roulette

Roulette is an easy game where the objective is to predict where the ball will rest on the roulette wheel after a spin. You make your prediction by placing chips on the roulette table. At online casinos, you drag and drop chips to the areas and numbers you wish to bet on.

Roulette games are available at all the best online casinos in the US. You will also be able to play some games at land-based casino sites. The best thing about online casino games is that you can play for free or real money. This gives you the chance to check out games like American Roulette, French Roulette, or European Roulette.

Now this is just a high-level overview of how to play roulette, and we understand that you need more information to feel comfortable playing. Here is a step-by-step breakdown of how roulette works.

lucky creek roulette - how to play roulette

Placing Bets

You have two options when it comes to bets in roulette: inside bets and outside bets. Inside bets are wagers on single numbers or small groups of numbers. The outside bets cover up to half the total numbers on the roulette table. First, you’ll need to place bets before spinning the roulette wheel.

Follow these steps to place your first bet.

  1. Choose your bet size
  2. Drag chips onto the table
  3. Clear or amend your bets

Spin the Wheel

When you have selected and made your bets, you just need to spin the roulette wheel. Online roulette games will have a spin button that you can click to start. There are no time limits, either, compared to the roulette rules in live dealer games or the land-based casinos. In a brick-and-mortar casino, the dealer handles the action and gives everyone a short time limit to place their wagers.

Receive Payouts

The desired outcome in any casino game is that you will collect a payout. Online roulette payouts are processed automatically as soon as the wheel stops spinning. This is the virtual equivalent of the dealer passing you your winnings in chips in a land-based casino.

Clear / Redo / Double Bets

Online roulette has many features that make it easy to manage your bets. After a spin, you can either clear, redo, or double your bet. When you clear your bets, it means you are erasing any wagers made in the previous spin. You can also choose to redo the same bets and bet values. Furthermore, depending on your roulette bankroll management system, you can double your wager for the next round.

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Roulette Betting: Wagers & Payouts

One factor that makes roulette exciting is that there are multiple ways to play this game. Roulette comes with tons of betting options, though they are classified into two main categories; inside and outside bets. The type of bet you make depends on your desired payout and also the level of risk you are prepared to take on. Let’s consider how to bet in roulette in more detail.

How to Play Roulette - Payouts

Inside Bets

Inside bets are made on specific numbers located in the middle part of the betting table. These bets can be on one number or a connected group.

It is important to note that inside bets are some of the riskiest wagers you can make. However, they also carry the largest potential roulette payouts.

Examples of inside bets:

  • Straight-Up – A bet on an individual winning number. Betting on a single number is easy: simply drag and drop your chips onto your favorite number on the roulette table.
  • Split – The split bet picks two numbers. You must place your chips on the line between these two options to make the bet.
  • Corner –  also known as the square bet. This is a bet that one of the numbers forming a square on the betting table will be the winner. You place your chips on the corner connecting these four numbers to make a wager.
  • Street – The Street bet is another grouped number bet. However, this time, it’s a wager on three numbers at once. You make this bet by placing chips on the outside border of where the three numbers are located.
  • Five Number – Also known as the “Monster”, this bet is only available in American Roulette because it requires a wager on 0, 00, 1, 2, and 3 at the same time. The double zero isn’t featured on a European Roulette wheel.
  • Six Line – Place your chips on the outer line bordering the six numbers you are selecting.

The table below shows the inside bets you can make in casino roulette. We have also included payout figures and the house edge you can expect. European Roulette generally offers a better overall house edge at 2.7%. However, even American Roulette offers a better long-term return than some slots and table games.

Inside Bets & Payouts

Bet Type Bets Included Payout House Edge
Straight Up One number 35/1 2.7% to 5.26%
Split Two numbers 17/1 2.7% to 5.26%
Corner Four numbers 8/1 2.7% to 5.26%
Street Three numbers 11/1 2.7% to 5.26%
Six Line Six numbers 5/1 2.7% to 5.26%
Five-number 0,00,1,2,3 6/1 2.7% to 7.89%

Outside Bets

If you are looking for less risky wagers in casino roulette, try outside bets. These are wagers placed on whole sections of the betting table as opposed to individual numbers. Because they cover a greater portion, outside bets also have lower roulette payouts.

Examples of outside bets are:

  • Column – A bet on a whole column of numbers. This bet is indicated by placing chips at the bottom of the column. The payout is 2/1 and the bet loses if the ball lands in either 0 or 00.
  • Even/Odd – the roulette wheel has 18 odd and 18-even numbers. You make this bet by placing your chips on the table where it reads Odd, or Even.
  • High/Low – A bet on the 1-18 or 19-36 sections on the roulette table. The presence of the 00 will increase the house’s edge when you are playing American Roulette.
  • Red/Black – This is a simple roulette wager on the next number being red or black.
  • Dozens – A bet on the roulette table one of three dozens (1-12, 13-24, 25-36).

Outside Bets & Payouts

Bet Type Numbers included Payout House Edge
Dozens 1-12, 13-24, 25-36 2/1 2.70% to 5.26%
Columns Numbers in a column 2/1 2.70% to 5.26%
Even 18 even numbers 1/1 2.70% to 5.26%
Odd 18 odd numbers 1/1 2.70% to 5.26%
Red All red numbers 1/1 2.70% to 5.26%
Black All black numbers 1/1 2.70% to 5.26%
High 19-36 1/1 2.70% to 5.26%
Low 1-18 1/1 2.70% to 5.26%

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Pros & Cons of Roulette

Roulette offers a fun, easy gaming experience for new and experienced players alike. As with all casino roulette games, however, you must be aware of the drawbacks.

Pros:

  • Easy to learn and play online
  • No need for specialized knowledge before you play
  • Available in most land-based and online casinos
  • Roulette payouts can go as high as 35/1

Cons:

  • Some roulette variants not widely available
  • House edge as high as 11% on some bets

Types of Online Roulette Games

The best way to learn how to play roulette is to do it online. You can play for free and access the best roulette game versions you won’t find in your local casino.

American Roulette

One of the most popular versions of this game is American Roulette. The odds and payouts differ slightly from European Roulette because of the double zero pocket on the American Roulette wheel. There are more ways to win the Straight Up bet in American Roulette, but the house edge is higher at 5.26%.

How to Play Roulette - American Roulette

European Roulette

European Roulette offers a better house edge than American Roulette at 2.7%. There is just one green pocket (the single zero), which improves the chances of your Red/Black or Odd/Even bet not being voided.

How-to-Play-Roulette-European-Roulette

French Roulette

Most aspects of French Roulette are identical to European Roulette, with one or two exceptions. The main difference is the La Partage rule. If you are in French roulette, you get half of your losing wagers if the ball lands in the zero pocket. This lowers the house edge on even money bets to 1.35%.

How to Play Roulette - French Roulette

Live Dealer Roulette

You can also play roulette against a human dealer at the best live casinos. In these games, you place bets online through your keyboard or smartphone. However, the table game is handled in real-time by a trained croupier.

Top 5 Roulette Tips

So far, we have answered, “How do you play roulette for free?” Now, let’s consider how to play roulette like a pro. These tips are valid whether you are playing American Roulette or any other variant.

  1. Choose the Correct Roulette Variant

    It’s important to select the right roulette game variant from the onset. That means understanding the house edge. European Roulette and French Roulette have a lower house edge than American Roulette, so you’ll be better off in the long term playing those games.
  2. Understand Roulette Betting Options

    Taking time to understand how roulette betting works will ensure you get off to a good start. The mistake most players make is to try to figure out all the available options in one go. But how many of those options are you going to realistically use when learning how to play roulette? A better approach is to knuckle down on only the bets you need to get going. This includes simple bets like odd or even, and red or black.
  3. Master Basic Roulette Betting Strategy

    You must have a simple roulette strategy to play this game properly. Betting strategies help manage wins and losses. When you win you want to make sure you go away with as many roulette chips as possible. And when you lose, you want to avoid being wiped out. Start with free money at online casinos and try roulette betting strategies like the Martingale, Fibonacci, and d’Alembert to see how they stack up. We have a detailed roulette strategy page you can check out too.
  4. Look Out for Special Online Roulette Rules

    Taking advantage of special features can positively affect your roulette game experience in many ways. These features may not be as apparent as you would expect. So ensure you know all about the game you are playing and take full advantage of every feature. For example, some games have a surrender rule that returns 50% on even money bets lost when the ball lands in the single zero or the double zero.
  5. Use Good Bankroll Management

    Learning how to play roulette is easy but maintaining a bankroll is a lot harder. Always decide how much you are going to spend at the roulette table in advance, and stick to a strict plan. Remember, the house edge in online roulette means you’ll be a loser in the long term. Avoid the swings by increasing and decreasing your stakes as your luck changes.

Play Free Roulette Online

How do you play roulette? Casinos allow you to play roulette online for free. You can sign up for an account and enjoy American Roulette or European Roulette in demo mode. Online casinos offer both computerized RNG roulette games and live dealer tables where you can play with a real-life wheel.

Demo games have lots of benefits when you’re learning to play roulette. You can use free roulette table games as a sandbox to test new strategies. In addition, you can observe other players and learn how the game works sitting at free live dealer roulette tables.

In the demo mode, you are essentially playing with casino credits which you can’t withdraw. However, it’s a great way of understanding roulette strategy without breaking the bank.

In addition, you can sign up at our top-rated roulette casinos online and play with a few dollars. Test out European Roulette or go for the single zero in American Roulette. You can even claim bonuses to test the waters of real-money roulette for the first time.

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How to Play Roulette FAQs

Is learning how to play roulette easy?

What is roulette house edge?

Is European Roulette better than American Roulette?

Is online roulette rigged?

Responsible Gambling

When playing casino games, you must always have responsible gambling in mind. It makes no difference whether you are playing American Roulette or any other variant, ensure you are safe by using responsible gambling practices.

Resources

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Flutter Entertainment to list on New York Stock Exchange https://readwrite.com/flutter-entertainment-to-list-on-new-york-stock-exchange/ Mon, 29 Jan 2024 12:29:12 +0000 https://readwrite.com/?p=251569 A photo of an American Football helmet on the pitch.

Flutter Entertainment, which owns FanDuel, is set to list on the New York Stock Exchange on Monday, as reported by […]

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A photo of an American Football helmet on the pitch.

Flutter Entertainment, which owns FanDuel, is set to list on the New York Stock Exchange on Monday, as reported by The Guardian.

The ongoing sports betting boom in the US has led to many bookmakers battling to dominate the country, with the likes of DraftKings and BetMGM also becoming key players in the space.

Flutter hailed its listing in New York as a “pivotal moment” as it continues to grow its operations in the US. The Dublin-based company generated sales of $4.59 billion in the US last year when the Supreme Court removed a long-standing law that prohibited sports betting across much of the country. Their US revenues in 2018 were just $243 million, which was about 10% of their global revenue. Now the US market makes up around 40% of Flutter’s sales.

In its regulatory filing, Flutter described its future growth plans as “a long runway” but also acknowledged future regulation in the industry could be significantly influenced by concerns around problem gambling.

The Supreme Court’s 2018 ruling to strike down anti-sports betting laws has led to Flutter’s chief executive, Peter Jackson, floating the idea of making May 18 – the day of the ruling – a company holiday, such is the significant impact it has had on the business ever since.

The company, which was formally known as Paddy Power Betfair, is also listed in the London Stock Exchange. Its second listing in New York is designed to boost its profile and open up access to greater investment opportunities in the US.

How big is the sports betting market in the US?

Since the market opened up in 2018, online sports betting in the US has been on an upward curve that doesn’t appear to be stopping anytime soon.

According to Statista, the sector is anticipated to achieve revenues of $9.65 billion in 2024. Based on an expected annual market growth of 13.03%, market volume will reach $15.75 billion by 2028.

In terms of users, 52 million online sports punters are expected to be active by 2028, with average revenue per user expected to reach $256.60.

Featured Image: Photo by Lucas Andrade on Unsplash

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Nevada Gaming Control Board’s website compromised in cyber attack https://readwrite.com/nevada-gaming-control-boards-website-compromised-in-cyber-attack/ Fri, 26 Jan 2024 15:03:28 +0000 https://readwrite.com/?p=251408 Digital security concept featuring a shield against binary code with a hacker's silhouette, representing the Nevada Gaming Control Board cyber attack.

The Nevada Gaming Control Board, the regulatory body overseeing the state’s gaming industry, has experienced a significant cyber attack, leading […]

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Digital security concept featuring a shield against binary code with a hacker's silhouette, representing the Nevada Gaming Control Board cyber attack.

The Nevada Gaming Control Board, the regulatory body overseeing the state’s gaming industry, has experienced a significant cyber attack, leading to the temporary shutdown of its public-facing website. According to Gambling Insider, the attack, which also targeted the Nevada Gaming Commission’s website, has raised concerns about cybersecurity in the state’s gaming sector.

The compromised website contained a variety of public information, including meeting agendas, gaming regulations, press releases, and contact details. However, officials have assured that critical data such as gaming license details and financial records were stored on a separate, secure internal system and were not affected by the breach.

Kirk Hendrick, the Chairman of the Nevada Gaming Control Board, has not yet commented on the specifics of the incident. The Board, however, has been proactive in addressing the situation. In a statement released via social media, they mentioned, “Technology personnel initiated immediate steps to protect the website by taking it offline. The board is working with experts to thoroughly assess the situation. While working to restore the full website, the board is preparing to publish a temporary website for those seeking access to information.”

This cyber attack on the Nevada Gaming Control Board’s website comes in the wake of similar high-profile attacks on major casino operators in Nevada, including MGM Resorts International and Caesars Entertainment, last September. Those incidents led to substantial financial and reputational losses for the companies involved.

In response to the growing threat of cyber attacks, Nevada lawmakers approved funding last June for the Nevada Gaming Control Board to upgrade its information technology system. This system, which is separate from the website, is crucial for the board’s operations and has been in dire need of modernization since it was first implemented in the 1980s.

The recent cyber attack did not impact other state agencies, which continue to operate normally. The Nevada Gaming Commission’s monthly meeting also proceeded as scheduled, with no mention of the cyber incident.

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Barstool Sports and DraftKings prepare game changer partnership https://readwrite.com/barstool-sports-and-draftkings-prepare-game-changer-partnership/ Thu, 25 Jan 2024 16:52:18 +0000 https://readwrite.com/?p=251187 Barstool Sports and DraftKings partnership

Barstool Sports and DraftKings are on the verge of forming a strategic betting partnership, described as a “game changer” for […]

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Barstool Sports and DraftKings partnership

Barstool Sports and DraftKings are on the verge of forming a strategic betting partnership, described as a “game changer” for both companies.

As reported by Gambling News, no official announcement or acknowledgment has been made, but sources close to the deal have suggested it is just a matter of time.

Barstool is a prominent American sports and pop culture blog website founded in 2003 by David Portnoy, who has recently repurchased the company after a messy divorce from Penn Entertainment.

That has paved the way for the new business relationship with DraftKings, a leading US gambling and fantasy sports platform.

The partnership will be a traditional marketing venture, with DraftKings odds displayed extensively across Barstool’s catalog of blog sites and content to drive its engaged reader base toward the sportsbook.

Restrictions and reward

A lucrative multi-year contract has been suggested, which would provide a significant boost to the balance sheet for Portnoy’s company, but the secrecy around the deal can be traced back to recent events.

No agreement can be signed before the Super Bowl, with Barstool prevented from certain activities following its recent separation from Penn Entertainment. The split involved Penn selling Barstool back to Portnoy for a symbolic dollar. Still, an embargo was also placed on Barstool’s reintroducing to the gambling market until the end of the current NFL season and playoffs.

The regulatory landscape wasn’t the most fertile spot for Barstool to flourish, but an amicable end with Penn was confirmed by Portnoy, who is glad to be back in control of his own destiny:

“For the first time in forever, we don’t have to watch what we say, how we talk, what we do. It’s back to the pirate ship. And by the way, I am never going to sell Barstool Sports, ever.”

“I’ll hold it ‘till I die, and when I die, I’ll give it to Dan, to Kevin, whosever’s left standing, if their kids are still alive, they’ll get it, whatever. We will pass it down.”

Feature Image Credit: Pixabay; Pexels

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Jake Paul’s Betr plans to launch sportsbook in seven states in 2024 https://readwrite.com/jake-pauls-betr-plans-to-launch-sportsbook-in-seven-states-in-2024/ Wed, 24 Jan 2024 12:45:10 +0000 https://readwrite.com/?p=250807 An image of the Betr logo

Betr has announced its plans to launch sportsbook betting services in seven states in 2024, in conjunction with a series […]

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An image of the Betr logo

Betr has announced its plans to launch sportsbook betting services in seven states in 2024, in conjunction with a series of partnerships to enable market access for the sports gaming and media company.

Co-founded by YouTube personality and professional boxer Jake Paul and businessman Joel Levy in 2022, Betr is a direct-to-consumer gambling platform which specializes in micro-betting to provide instant gratification on every moment of every live event across NFL, NBA, MLB, NHL, and more.

A company press release detailed new openings for online sportsbook and casino services in Pennsylvania and for online sportsbook only in Colorado and Kentucky. Indiana market access has already been approved, whilst the process for a sports wagering license in Maryland is underway.

In Ohio, Virginia, and Massachusetts, a beta version of the Betr sportsbook is live and available, but the company does not intend to renew its temporary license in the Commonwealth.

Betr confirmed it is on track to launch its initial sportsbook ahead of the 2024 NFL season with a phased launch across all states it currently has acquired access to.

This has materialized due to a partnership with the Cordish Gaming Group through its parent company which owns and operates casino resorts in PennsylvaniaMaryland, and Louisiana. The Keystone State of Pennsylvania will also be the inaugural territory to welcome the launch of Betr Casino, subject to regulatory approval.

Further agreements have been reached with Boulter Developments in Colorado and with the Eastern Band of Cherokee Indians in Kentucky.

Betr’s business model

Betr co-founder and CEO Joel Levy was thrilled at the expansion of its sportsbook operations, as well as looking forward to the casino venture:

“Through the success of Betr Picks, we have validated that our playbook of simpler and more intuitive user experiences built for casual fans on the product front, and original short-form video built for the next generation of sports fans on social media on the distribution front, are winning strategies for rapidly and efficiently scaling a new real money gaming business in the U.S.”

“The data we are seeing not only suggests that we are building a large and highly profitable real money gaming and media business, but that we are doing so by bringing new users into the category.”

Levy forecasted a positive outlook and an increase in scale by the end of 2024 for their four lines of business, Betr Fantasy, Betr Sportsbook, Betr Casino, and Betr Media.

Image: Betr.app

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