I'm not an expert at playing poker -- in live cash
games or in tournaments -- but I do enjoy playing. Some consider it a sport. Others think it is nothing but gambling.
Here is some poker news and commentary, and some of the things I have observed watching and playing the game in casinos and
in house games with friends and at parties. Some
of the articles I've written about poker can be found in other pages on this web site include including "California Casinos News" and "Casino Gaming Tips" and
"Vegas Gaming News" so please check those pages on this web site for more
information and opinion.
COMMERCE CASINO HAS BIG TOURNAMENTS IN SEPTEMBER 2010
$1.2 million dollars in guarantees is up for grabs in Commerce Casino’s 19-day
Hold’em Series that gets underway on September 1, with buy-ins beginning as low as $120. For the first time, Commerce
will include two hugely popular multi-day start events--one with a $500,000 guarantee and one with a $300,000 guarantee--that
allow players to enter or re-enter on any of the opening days. Players can opt into the $300,000 event for just
$120 and the winner will take home $100,000.
Other featured
formats include Knockout Bounty, Turbo (Double Starting Stack), Ironman and Pot Limit.
Commerce Casino, the largest poker casino in the world, has more than 240 tables featuring table games from baccarat,
pai gow poker and blackjack to every form of poker: Texas Hold‘em, 7-Card Stud, Omaha, Lowball, Pot Limit, Mexican Poker,
Pineapple, Draw, Low-Ball and many others. Commerce Casino is also recognized for its innovative “Bring Your Home
Game to Commerce” program enabling poker fans to invite friends/family for a casual home game, bachelor party or birthday
celebration with a professional dealer in a casino setting. Horseracing fans can also find the Commerce Casino Racebook
a great setting for off track betting. Commerce Casino is located at 6131 East Telegraph Rd., Commerce, CA 90040, just
off the Santa Ana (5) Freeway at the Washington Blvd. exit. For more information, go to www.CommerceCasino.com or call 323-721-2100.
SO YOU WANT A REALLY GOOD SET OF
POKER CHIPS
Some home game poker players really want
a "really good" set of poker chips. Frankly, I didn't know the type or quality of chips made a difference
to home game players -- but it does to many home game players. One player I talked to said he wants the best -- he wants
Paulson chips for his home game. That was reasonable to me until I found out how much poker chips made by Paulson costs.
You see, Paulson poker chips are the chips used in the big Vegas poker rooms such as those at Bellagio and Caesars and Mandalay
Bay and Venetian. The Venetian has the reputation for being the top poker room in Vegas -- and that seems to make it
the top in the world. Anyway, about the best price for a Paulson chip is a bit more than $1 per chip. Yeah, you
could buy plastic chips at WalMart for about ten percent of that price-- but they won't be the quality of Paulson chips, and
they won't have that "professional feel."
So, my friend
the home player had an idea. Instead of buying professional Paulson brand chips -- why not "rent them for free."
How do you do that? Well, his idea was that instead of buying 500 Paulson chips at a price of $664.95 (which was the
price we saw advertised on the Internet) his idea was to go to a casino such as Caesars or Bellagio and get 500 of their $1
chips at the cage and bring them home. He would have 500 Paulson chips to use for his home games -- and when he was
through hosting his home games, he could cash in the chips at the casino and get his money back. "I'm using the
chip free of charge," he told me. "Instead of spending more than $600 for a set of chips, I rent the chips
and can get all my money back." You know, it makes sense.
So, I called a few casinos and asked them -- can you "buy" 500 chips at the cage and take them home?
And the answer was also reasonable -- "why not?" Actually the casinos would love you to do this because they
get the cash for their chips and hope you never bring them back. In fact, one reason that Caesars Palace and other casinos
change their chip designs so frequently is that they hope you will "collect" their chips because every chip
you take home as a collectible is profit for them.
You
know who also does this? The United States Postal Service. They would love for you to collect their special "commemorative
stamps" that are issued every few weeks to honor this or that. Because every stamp that is collected is profit
for the Postal Service.
LOW COST POKER
TOURNAMENTS AT PECHANGA CASINO IN TEMECULA
I'm
a big fan of low cost poker tournaments. I like to play in poker tournaments but I'm not good enough to buy into expensive
tournaments or big tournaments and so I look for the low cost buy-ins.
There are some low-cost tourneys in the Los Angeles area, but these are usually "re-buy"
tournaments, meaning a player can bust out, and buy-in again... and again. The trouble with these "re-buy"
tourneys is that aggressive players will play too aggressively and even recklessly trying to force out other players and trying
to survive only from their own fat wallets. I don't like to play that way.
So I was very pleased to find out about the newest schedule of low cost daily
tournaments at the Pechanga Casino in Temecula, just off the 15 Freeway. Pechanga has daily no limit hold'em tournaments
starting at 10-AM. On Monday the cost of entering is a total of $20. The prize pool isn't big but you're getting
to play in a tournament, get the practice, and enjoy the game at a low price. Heck, $20 is about what a movie ticket
costs these days.
And on Tuesday
the entertainment value is even better -- it's buy one entry and get one entry free, so bring a friend, or bring your spouse
for a low cost day playing poker. The cost of Tuesday is $25 for one or get two entries for the same $25-- and that's
better than a movie.
On Wednesday
and Thursday the price is $30 but you collect a $5 bounty for every player you knock out of the tourney. Bounty tournaments
are fun but I don't do well in bounty tournaments because I'm not aggressive enough to go all-in on many hands.
Friday and Saturday are also $25 tournaments, and Sunday is a $35 tournament.
Pechanga also has low cost tournaments in the evenings with slightly higher prices.
PLAYING POKER IS LIKE
LIFE
I've been playing poker
for only a couple of years, and I only play low-stakes poker and low-cost poker tournaments -- so I'm no poker expert.
But I have discovered that playing poker is a lot like going through life. In poker chance and odds and draws and bluffing
are similar to what goes on in real life. Sometimes you have the cards to make demands for chips -- or to make demands
for a discount or a pay raise -- and sometimes you don't. Sometimes you can bluff in poker because other players aren't
sure about what you have and they are not confident about their cards, and sometimes in business you can bluff a customer
or a supplier or a contractor the same way -- they might think you have another customer or another supplier ready to do business.
Probably the most important skill in poker is "reading
the board" in games like Texas Hold 'Em and Omaha when your cards are combined with the cards on the table -- the so-called
community cards or the cards on the board. Another very important skill is knowing how much to bet to win the hand,
to win the most chips, and to chase others out of the pot or out of the hand. Those are life skills as well-- to know
how you fit in with your environment, or what you can present "to the table" or to the community or to a business
to make yourself more valuable and to win a job or a contract or a position of power.
Poker also teaches you about chance. The odds are that one in 220 hands
you are going to be dealt two aces in Texas Hold 'Em. And in video poker, the odds are that once in 629,740 hands or
plays you are going to be dealt a royal flush. It's like that in life too. Once in a while you are going to get
a good start on a job or a career (two aces) and if you're very lucky once in a while you're going to be dealt a royal flush
and a jackpot.
MORE TOURNAMENT OPTIONS
IN THE LOS ANGELES AREA
Hollywood
Park Casino on Century Boulevard near LAX has announced rebuy no-limit hold 'em poker tournaments for Friday and Saturday
nights. The buy-in is $25 with a $10 entry fee (so it's $35 to play initially) and then there are unlimited rebuys at
$10 each. This is the usual format for tourneys at Hollywood Park and frankly unless you are very lucky, very good and
have a very big bankroll, you don't want to get involved in this kind of play even though there is a $10,000 guaranteed prize
pool. I once finished as the chip leader at the final table (we chopped) and it was only because of a lot of luck--
because I couldn't do the massive number of rebuys that some players make. It is not unusual for some players to pump
$200 or more into rebuys during the rebuy period as they go all-in whenever they have a decent hand-- but not necessarily
the winning hand. Honestly, it's not the kind of poker I like to play. I prefer a tourney with one rebuy or better
yet -- no rebuys.
Crystal Casino
in Compton had this same rebuy format for several years, also with a $10,000 guarantee, but at Crystal the budgets were a
bit smaller and the rebuy play was not so aggressive. There is a lot of loose money at Hollywood Park, so be ready for
a lot of all-in action during the rebuy period.
DAILY POKER TOURNAMENTS
AT THE BIKE 7 DAYS A WEEK
The
Bicycle Casino in Bell Gardens is expanding its tournament schedule to 7 days a week. All of the tournaments will run
seven days a week including the noon tournanment, the midnight tournament and the 7-PM tournament. These are generally
low cost tournaments, where you can get a full day or full evening of play for under one-hundred dollars. The Bike (as
The Bicycle Casino is known) has moved its tournaments back into its Event Center which is the large tournament room.
For several months while the Event Center was under construction and undergoing renovations, the tournaments at The Bike were
held on the regular poker casino floor which was loud and full of distractions. Now, The Bike is back to its regular
tournament environment which is one of the best in Southern California.
SOME OF THE BEST POKER
ADVICE I EVER GOT
Some of
the best poker advice I ever got came at a cash game at Hollywood Park Casino near Los Angeles. It was a friendly "cash
game," and about as friendly as these kinds of cash games can get. Sure we were after each other's money, but the
players were like me-- in the TV business. There was a producer, and a writer, and a couple of directors and actors,
and we had the morning off from our daily media chores and were at the casino for some "poker fun."
The stakes in these games were usually low, but sometimes a
large pot developed when a few of the players "had cards," meaning a good hand. And then the betting was brisk
and the pots could become as big as a hundred dollars or more. I was in one of those pots with a pretty good hand--
but I wasn't sure it was "the best hand."
And
looking at my cards, and looking at the pot, and looking at the other three players in the hand, I just didn't know what to
do. Should I check or should I raise, or should I fold my hand rather than lose more money to a superior hand?
That's when the "producer" at the other side of the table said to me "Alan, a winner can fold too."
Yes, I folded. And that "fold" saved me a lot of money as the betting continued and had I stayed in the hand
I would have lost to a superior hand.
That
was really good advice -- winners can fold too. Sometimes you have to fold your hand to protect what remains of your
chip stack which is your bankroll in a poker game. In chess, I sometimes followed the advice "when in doubt push
a pawn" if it was my turn and I didn't know what chess piece to move. And now, when I play poker I always remember
the advice that "winners can fold too."
CAESARS PALACE
MAKES A BIG CHANGE IN ITS TOURNAMENTS
Caesars
Palace in Las Vegas has made a very big change in its popular 7-PM poker tournament. This tournament is popular with
tourists as well as Vegas locals. And the change allows players who bust out prior to the first break to buy into the
tournament again. The initial buy-in for the tournament is $160, and prior to this rule change once you lost all of
your chips you were out of the tournament. And now, players who lose all of their chips before the first break can buy
in again.
This means that players
can make a mistake and get a second chance, or a third chance or a fourth chance prior to the first break. The change
in the rules also means that the prize pool might be larger than in a regular "no re-buy tournament."
Now we have to wonder if other casinos will follow the lead
of Caesars Palace and also allow re-entries and second chance buy-ins? It's really not a bad idea for Caesars to do
this to cater to its tourist market. Because normally once a tourist/poker player busts out of a tourney he is out of
the action for several hours until the next tourney comes along-- and Caesars does have multiple tournaments each day.
But by allowing re-entries players can stay in the action longer.
Of course the casinos also get a cut out of every entry fee and this is also a way for them to
gain more revenue, and with casino revenue down because of the recession this idea might clearly benefit other casinos as
well. I think there is a very good chance this idea will spread to other casinos.
WHY THE BEST
HAND DOESN'T WIN IN ONLINE POKER TOURNAMENTS
Don't
be frustrated by those "bad beats" in online poker tournaments -- especially the tournaments that are free and cost
no money to enter. All of the online poker web sites have free tournaments from time to time, and in those free tournaments
the "best hands" can easily lose to inferior hands. Let me tell you why. It's because in a free online
poker tournament, some players will play "any two cards" and hope to get lucky, and sometimes they do get lucky.
Let me give you an example: in one free tournament (the
online casino offered a prize pool of $50 to be shared by the top 18 finishers) there were five players in the hand.
Some of the players had "good hands" including high pairs, or suited connectors. In this particular hand the
flop comes three clubs. In the next round of betting, four players are all-in, and the cards are exposed. One
player flopped the flush, another player had a pair, a third player had high cards but no club, and the fourth player had
6-6, pocket sixes, and without a club.
So
at this point you have to ask why did the player with two high cards and no club go all-in after the flop? You can understand
why a player with one pair might gamble. The player who flopped the flush is probably thinking "this pot is mine"
after all of the cards are exposed. But -- hold on.
Then
comes the turn, and it's a 6 of clubs. And then the river, another 6. The player who went all-in with a pair of
sixes and no club had just made quads. So you're asking: why did this player go all in without a club? Well, online
players tell me things like this happen all the time because the tournament is "free" and no real money is at risk.
Players will gamble when there is no money involved -- and this was certainly a gamble (though it paid off).
In another tournament, in the very first hand of the tournament,
a player with pocket aces, AA, raises the big blind of 10 to 200. Another player goes all-in and the player with AA
calls, going all in as well. When the other player's cards are revealed he has an unsuited 7 and a Jack. And you're
thinking, "all in with an unsuited 7 and Jack?" Yeah, that's what I would be thinking also-- but wait.
After the flop and the turn and the river, the player with
J-7 makes a jack-high straight, beating the pocket aces. So, what would make the player with the unsuited Jack-7 go
all-in pre-flop? Yes, it could have been a bluff and he might have been shocked to see the caller have pocket aces.
But a bluff might not be the motivation and the player with J-7 off suit might have decided to go all-in just because he liked
the combination of Jack-7 or perhaps he had a face card, or maybe just because he wanted to. Well, online players tell
me, it's a free tournament, so why not go all-in? What do you have to lose? Nothing especially when another free
tournament might be an hour later.
So
what's the bottom line here? It's that anyone with any two cards is likely to play them in a free tournament with no
money at risk and getting a player to fold with a big bet can be awfully difficult in online poker when players can see that
"any two cards" can certainly win.
IS IT TIME TO
BAN CELL PHONES FROM ALL POKER GAMES?
In
most casinos, use of cell phones is not allowed during tournament play. Some casinos have a strict rule about this,
but in other casinos you are asked to leave the table to use your cell phone. And then there are some casinos who have
no rule at all -- or objection -- to using cell phones during tournament play. And every
casino allows the use of cell phones in cash games.
But
perhaps the time has come to ban cell phones from all games -- cash games as well as tournaments? Cell phone use is
now banned in many blackjack pits because there are programs (or apps or applications) that can be used to determine player
strategy. Now, there are similar programs (or apps or applications) that can be used to determine player strategy in
poker.
The other night I was at a
casino where a player showed me his cell phone, and the app that let him not only rank his hand, but also determine
the chance of winning the pot based on the cards that have flopped and the number of other players in the hand. He used
his cell phone app during critical hands in a no-limit Texas Hold'Em game. And he was winning.
Perhaps it is time for the casinos to ban the use of cell phones
now that these poker strategy applications are so freely used and are as near as someone's smart cell phone. And even
if you don't have the app or program loaded onto your cell phone, many cell phones today also have Internet access so a player
with quick fingers could easily enter his hand to determine if he should raise, call, fold or check.
That's right -- the next "call" at a poker table
could be to a web site that can help with player strategy or a click onto an application or program that can tell the user
the same thing. Perhaps there is no room for this technology at the poker table? Or pretty soon, everyone will
be on their phones letting the computers decide their next move.
THE TEXAS HOLD'EM
PLAYER'S PRAYER
"Oh Poker
Lord, please give me the hole cards that will make the winning hand, or give me the hole cards that will be easy to fold."
The truth is, prayer is important in the game of poker.
In fact, the only difference between prayer in a church or synagogue and prayer in a casino is that in a casino you really
mean it.
PLAYING A JACKPOT
HAND IN POKER CASH GAMES
Many
card clubs and casinos offer jackpots for certain competing hands at cash games. In many casinos, a jackpot is paid
when four of a kind beats four of a kind, or when Aces full of tens or better is beaten by four of a kind or better, such
as a straight flush or royal flush. These jackpots are usually funded by a portion of the rake (drop) on each hand,
and the jackpots have a progressive payout. Sometimes the jackpots can reach twenty or thirty thousand dollars or more,
with the winner and loser of the hand sharing the biggest percentage of the jackpot and the remainder given to the other players
at the table -- the so-called "table share."
When
there is the potential for a jackpot, most players at a table will know to "play differently," and play for the
jackpot and not for their own personal interests. After all, a jackpot can pay hundreds of dollars to each player just
in the "table share," while in most cash games the pot might only be worth a hundred dollars or less.
When there is a flop of the community cards containing two
or three aces, the table goes on "jackpot alert." At some casinos, there is a "code" to alert other
players that someone has a jackpot potential. Here's an example:
At Hollywood Park Casino in Inglewood, I saw this happen: The flop comes Ace, Ace, 5.
One player (who we later found out was holding pocket Queens) bet $5, the minimum bet. This was a signal that he held
a qualifying pair, so that if another ace came on the turn or river he would have a full house. The next "signal"
was for a player holding an Ace to bet $10.
Well,
there was another player holding an Ace. In fact he had Ace-King (the king is vital, which I will explain later).
But instead of betting $10 to signal the table that he held the ace, he made a $75 bet and that forced the player with Queens
to fold his hand.
Later the player
with AK was told of his error-- that he should not have forced out the high pair because that "killed" the potential
for the jackpot. And that King the player was holding? It was perfect for a jackpot because many casinos say "both
cards must play" and in this case the King kicker would beat the 5 and the pair of Queens allowing the jackpot to be
paid.
Casinos also have anti-collusion
rules and these apply to jackpot hands as well. The players cannot openly discuss that there is the potential for jackpot
which is why the "code" of betting one or two chips is used. Too bad not all players know this. Anyway,
the jackpots keep rising -- and yes, they do get hit.
THERE ARE SO
MANY PROFESSIONAL POKER PLAYERS, BUT...
Yes,
there are so many professional poker players, but there are so few who actually make a living at the game. In fact,
there is a joke about professional poker players that goes like this:
Question: How do you get a professional poker player to leave your front door?
Answer: You pay him for the pizzas.
Of course the root of this joke is that many so-called professional
poker players have other jobs to give them the money to play poker. Over the past couple of years that I've been playing
poker (not as a "professional" but for recreation in low priced tournaments) I've come to know many poker players
who do not have "other jobs" to pay for their poker. In fact, these players need borrowed money or gift money
to play their games.
At first, I
thought that these players were "short" ten or twenty bucks to make the $40 or $50 buy-in, but I soon found out
that they needed that ten or twenty to pool with the other money that others would give them. In exchange, you were
promised a percentage of the player's win for making your contribution. If you gave money to a player to help him buy
into a tournament it is said that you have a "horse in the race."
Sometimes the player you help into a tournament makes the money, and you get paid back with a
profit. But too often the player does not make the money and you're out the cash.
Now I am hearing some real hard luck stories. There is the player who
never has enough cash to buy his own tournament entry. He has to "ask around" for buy in money. If he
gets it, he has to pay out a percentage -- often a big percentage -- of his winnings at that tournament. Now I found
out that this player lives out of his car -- which is parked in the casino parking lot. When he does make some money,
he rewards himself with a hotel room at the casino (discounted because of his play) and takes a shower. He eats his
meals at the casino, because the meals are discounted and sometimes the meals are free or only cost two or three dollars because
of the tournament entry.
No real
job. No real income. No health insurance. No pension. No roof over his head -- except for the roof
of his car. It really is sad.
And
this player is not the only one who lives like this. I play tournaments at one local casino in the Los Angeles area
where there are about sixty "regular players" who take part in the $40 to $60 tournaments. And darn, I found
out that about a third of them don't have jobs and make their living from playing poker. Only poker.
When I first started playing poker I didn't like playing "cash
games" because it meant taking money out of the pockets of other players, with no limit to how much money they could
lose. I liked tournaments better because of the limited liability of a tournament -- you paid $40 or $60 for your entry
and that's all you could lose.
Now
I am finding out that $40 or $60 might be all the money in the world for some of the other players in the tournament.
It's not only sad-- it also takes some of the fun out of playing.
For you Hold'em Poker players...
Here's a question for you hold'em poker players.
But before I ask the question, think carefully. Because I've been asking this question at various card clubs in the
Los Angeles area over the past few weeks and surprisingly almost all of the players and even some of the dealers gave me the
wrong answer.
Okay, here's the question: You are playing Texas Hold'em and at your table two players get a royal flush. One player gets a Royal Flush in hearts,
while the second player gets a Royal Flush in spades. Who wins?
Think carefully before you answer. Among
the things to consider: the ranks of the suits, and the number of cards being played.
Are you thinking carefully? Because I just gave you
a vital hint about the correct answer...
Okay,
here is the correct answer: It is impossible in Texas Hold'em to have two
players both with a Royal Flush. The reason is--- there are not enough cards
in play. Each player has two "hole cards," and there are five "community cards" from which to make
your hand. That's a total of seven cards. For two players to both have a Royal Flush, at least eight cards must be in play.
As
I mentioned above, almost all of the players that I put this question to gave me the incorrect answer. Nearly all of
the players said the Royal with Spades would win. While spades is the highest suit, the true answer is there can't be
two royals at one table simultaneously. Surprisingly several dealers also gave me the wrong answer. But a few
"sharp dealers" knew the correct answer -- there can only be one Royal Flush at a time in Texas Hold'em.
Try this question on your own poker
buddies.
Here on our new media website "Moneyman" Alan Mendelson who is the original Best Deals TV show reporter and
consumer advocate shows you the best deals on TV, and the best buys, bargains and where savvy shoppers go to save, and
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