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- Online Poker Waste Of Time
During the US election, many people expressed their hope that Donald Trump would take a positive approach towards online gambling, having been a casino owner himself in the past. At the same time, others raised concerns that the people Trump was surrounding himself with could not be called online gambling friendly by any definition of the word. Recent rumors out of Washington indicate that those who were worried about what a Trump presidency might mean for online gambling were not just being alarmists, either, and recently there has been talk that Attorney General Jeff Sessions has online gambling in the cross hairs.
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Online Poker Waste Of Time outfitted with laptops right up to sporting events to register Online Poker Waste Of Time players for their real money betting sites. This ended in the early 2000s with the arrest and indictment of some of the major players Online Poker Waste Of Time in the sports betting world. Successful date, failed session of poker. One of these is a waste of time for the other half of the date; the other is one of the lamest and most expensive dates you could have taken someone out on. Playing poker online allows for countless distractions at the tips of your fingers.
Sessions Against 2011 Opinion
Sessions, who often took up moral issues as personal causes when he served as a Senator, has never been shy about being opposed to gambling. During his Attorney General confirmation interview, for example, Session said that he was “shocked” by the Department of Justice’s reinterpretation of the Wire Act (1961) in 2011, which saw the law as only applying to sports betting, thus paving the way for individual states to launch their own Internet gambling industries, if they so desired.
As Jeff Sessions subsequently commented during his confirmation hearing: “I was shocked at the memorandum – I guess – the enforcement memorandum that the Department of Justice issued with regard to the Wire Act and criticized it. Apparently, there is some justification or argument that can be made to support the Department of Justice’s position, but I did oppose it when it happened and it seemed to me to be an unusual.”
Sessions then went on to say that he would revisit the reinterpretation once he took office, and “would make a decision about it based on careful study.”
According to insider reports, he is now considering whether or not to push for an outright ban on online gambling that would shutter the virtual casinos in Nevada, New Jersey and Delaware and put a halt on gambling expansion legislation that is being debated in states like Pennsylvania, New York, Michigan, California and Massachusetts.
Loss of Jobs
While people can argue the morality of online gambling all they want, the truth of the matter is that banning online casino sites would have an immediate negative impact on the economy. New Jersey, for instance, would see 3,300 people suddenly unemployed, and the other two states that offer online gambling would also see jobs eliminated. Furthermore, states that receive revenues from online lottery ticket sales would also suddenly see those sources of funds dry up.
Reduced Options for State Budgets
Prohibiting states that are currently considering online gambling legislation would stifle local economies, especially as many states are considering the move largely because they are in need of extra revenues to balance their beleaguered state coffers. By banning online gambling, the federal government would therefore be forcing already cash strapped states to focus on other methods of increasing revenues, such as raising taxes, which would negatively impact consumer spending. On top of that, the potential 18,000 jobs that the online gambling industry would likely create in those five states would never be filled. Land-based casinos would also be negatively impacted; those in struggling areas like Atlantic City could even be at risk of closure, which would result in more job loss.
Consumer Protection Risks
In addition to the short-term problems that a full federal ban on online gambling would cause, there would certainly be long-term issues from the move as well. This is because legalizing online gambling provides protection for consumers that want to place wagers online, whilst also working to curb money laundering and funds derived from online betting, slots, table games and poker being used to fund illegal activities.
An all-out ban on online gambling would therefore return the world of Internet gambling back into darkness, as the idea that people would simply stop online gambling following a federally imposed ban is laughable. Currently, millions of people in the United States make illegal bets and play on unregulated sites every year. Banning online gambling would only serve to make the situation worse for both players and law enforcement officials alike.
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Grinding out a profit in the micro stakes is not nearly as easy as it might seem. While beating the smallest online poker games used to be a cake walk, today it will take a lot of time and practice. Many micro stakes players are among the most consistent and biggest winners in the online poker world today. It is very hard to compete with players who have hundreds of thousands, if not millions of hands worth of experience.
Think about how many hands you get in per hour when playing one table, online or live. If you are lucky, you might get 90-100 hands in per hour when playing online, depending on whether you are playing full ring or 6-max tables. In live games, 30 hands per hour is the most you could ever hope for. Now, compare those numbers to a 12 tabling player who plays for 8 hours per day. At that rate, this player would have roughly 9,000 hands played every single day. Of course, few people have this exact work ethic, but it is not out of the realm of possibilities when it comes to the micro stakes.
What It Takes
-Bankroll
Micro stakes poker takes a few different skills and attributes if you want to be successful. First, you will need to have an ample bankroll. While the variance is not going to be nearly as dramatic in these games as it is in small stakes or higher games, you will run into the occasional 10+ buy-in swing. For this reason, you should always be playing with roughly 30 or so buy-ins. If you are playing 25NL, the number of ideal buy-ins is not as high as it would be if you were playing 100NL. The higher limit the game, the more variance you should be prepared for.
-Emotional Control
Bankrolls are hardly the only thing needed for success in micro stakes poker. You will also need an awful lot of emotional control at the tables. Most poker strategy books and guides neglect to teach perhaps the most important skill that any player could have, a tilt-free approach to the game. No one is perfect, and everyone tilts a little bit from time to time, but it is vital that your emotions are kept in check. If you are playing six tables at a time, blowing off three buy-ins due to tilt can be a lot easier than it might seem. Players who are on tilt tend to forget everything they learned, like this very article, though, so this is something that is best accomplished through practice and implementation.
-Multi-Tabling Skills
The ability to multi-table and multi-task should never be understated for micro stakes players. There just isn’t any good money to be made playing one or two tables at a time in the micro stakes games. Even the biggest winners at 100NL (the highest micro stakes limit) would be lucky to win $15/hour playing two tables of 6-max at a time. It can be a difficult transition, especially for new online players, to learn how to play four, six, or ten tables at a time. The fact of the matter is, however, that all serious micro stakes players have a solid skill set when it comes to multi-tabling. This isn’t to say that you need to play 20 tables at a time, but being able to 8 or 10 table would certainly be beneficial.
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-Poker Tracking Software
HUDs and other poker tracking software are an absolute must for multi-tabling, serious micro stakes players. A HUD (heads up display) will be a tremendous benefit when you are trying to concentrate on a number of different decisions at once. Instead of forming your own reads on opponents, a HUD will allow you to have a quick summary available for anyone you face. It will be much easier to shove all in pre-flop with pocket queens if you know that the original raiser plays 90% of their hands. Now, imagine if you had no information on that same player; you would have to decide whether queens are ever ahead. Some old school players feel that software and HUDs are nothing more than cheating, but that makes no sense since most poker rooms are perfectly OK with it.
Aside from allowing you to make more precise reads at the table, poker software like PokerTracker also provides in-depth statistics on your own play. You can easily analyze all of the hands that you played in your last session, no matter how big or small. Beyond this, poker software can tell you how often you raise, what hands you win with, if you fold to re-raises too frequently, and much more. Plus, who doesn’t like to see a graph of their winnings? For an investment of $100 or less, any micro stakes player would be making a big mistake if they played without some sort of software.
-Work Ethic
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Last but not least is the need for a sound work ethic. If you want to beat the micro stakes for any significant amount of money, you will need to put in a whole lot of work. People who don’t know poker tend to scoff at the idea of poker being a lot of work, but it certainly is. Today there are infinite resources available for players who want to improve their game. From books to training sites, there is something out there for players of all skill levels and all limits.
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Books are the most outdated method of learning how to play winning online poker. The flaw with most books is that they are old and generally teach concepts that are quite basic. Books would have been a great way to aptly learn the game back in 2002, but the competition is way beyond that at this point in time. There are a select number of books that concentrate on winning online play and teach more modern concepts, but they are far and few between. Be sure to read a number of up to date reviews before you lean on any written book as your poker bible (especially if Hellmuth wrote it!).
Online resources are the best way to improve your skill set for tough micro stakes games. There are innumerable online sites with strategy guides of varying quality, but the video training sites have taken over in popularity. There are a handful of different poker training sites that offer video tutorials for aspiring players. These videos consist of a winning player recording their play and relaying it to the viewers. The players record themselves during play, explain their thought processes, and viewers soak in the information. As was the case with books, you should carefully analyze who is making the video and whether they are a reliable source of information.
Online Poker Waste Of Time
Going hand in hand with poker training videos are poker coaches. Coaches are people who will watch you play over the internet (known as sweating) and offer their input and advice as you play. These coaches vary in quality and rates, but some can be had for very affordable rates. Shop around at the video training sites for your choice of coach if this seems like an attractive way to learn the game for you. It is not for everyone, and it could be costly, but many people have transitioned from losing or break even players into big winners with the help of a solid coach.