UK’s Online Casinos’ Relocating

With the new gambling laws that the UK has put in force, many online gambling companies are starting to feel the pinch from them are starting to seek sunnier climates. They are moving their online casinos overseas as they are just a little more friendly when deciding how much they are going to take from them and what they are going to allow.

The UK put the regulations in place to encourage responsible gaming, but in doing so has made it harder for the online casinos to survive because of the taxes that came with those regulations. They might be allowing you to advertise your online gambling site, but you are going to pay through the nose to be able to do so.

Many of the smaller online casinos in Ireland especially cannot afford to pay the high taxes and are simply moving away. A 15% tax on online gambling is entirely too high, especially when they can simply move to Gibraltar or the Channel Islands and pay significantly less. The more they try to tax and regulate, the less attractive they seem to the online gambling industry.

The online casinos are finding that they can still advertise as they are on the government’s white list, but they can relocate somewhere else and pay fewer taxes. They also don’t have to deal with the strict licensing and regulations that the UK has put in place, all the while making more money from their site.

With the UK being such big fans of online gambling, it only makes sense for the government to ease up on the taxes and restrictions, as they could really be looking at a potential windfall in revenue if they would just relax.

The UK Gambling Commission has chosen to shut out two very large online gambling groups from advertising in the UK via their white list. Both the Mohawk Council of the Kahnawake in Canada and the country of Antigua were told no, and will not be able to join the list.

Antiguan Director of Gaming Kaye McDonald said that they were disappointed in the commission’s decision, but they were hopeful that they might gain admittance to the list in the future. If they did, they would be joining countries such as Alderney, Isle of Man, Tasmania and the European Economic Area countries on the exclusive list.

McDonald says that they don’t know if they need to reapply because they were in the process of applying when they were told that they would not be getting on the list. They think it has to do with a decision being made to the advertisers so they are going to continue with the online gambling advertising application that they had already started to submit.

However, Kahnawake is considering legal action against the commission. They say that because of their long standing reputation as the world leader in [online gambling] Internet regulatory compliance and enforcement they don’t know why they would not be afforded the same considerations as Tasmania considering they don’t have the same history or safeguards that Kahnawake does.

They say that they want to know the process that was taken when considering their application as they do not feel that it was a fair process and that they were somehow discriminated against. They say that their recent troubles with Absolute Poker notwithstanding, they have an almost impeccable record when it comes to online gambling.

6 Unexpected Factors that led to my Card Counting Success

I was hanging out with a guy recently that goes by the name Yoshi and he’s been a very successful card counter and we’re talking a little bit about how we got into card counting and it just got my mind going on some of the unexpected things that really led to me having success and I want to share those with you right now. So, the first thing that really helped me out when I started as a card counter is I had very low overhead, very few expenses, honestly I was just really cheap. But because I didn’t have a lot of money they need to make to get by every month, I was free to really continue to grow a bankroll.

So, for those that don’t know I started with $2,000 and within a year I had over $50,000. If I would have needed a couple thousand dollars a month to live off of there’s no way I could have grown to a fifty thousand dollar bankroll in the first year. Well, year two I made a couple hundred thousand dollars.

Year three I made another couple hundred thousand dollars. If I would have had high overhead it would have been really hard for me to leverage my investment in that way. And as I was talking with Yoshi, he said pretty much the same thing. I was amazed by how little he’s spent of the seven figures he’s made as a card counter. So, if you’re wanting to make as a card counter keep your expenses low. It’s going to be the easiest way to leverage your investment and grow it so you can make more money.

So, a second thing that I was thinking about that really helped me make it as a card counter is that I started with low expectations I started with Stanford Wong’s professional blackjack and in that book he has what he calls benchmark win rates. So with a ten thousand dollar bankroll if you find certain rules you can expect to make like sixteen dollars an hour. Then if you find better rules you might be able to make twenty dollars an hour. I started with $2,000.

So, I was thinking well I’ll never make $20.00 an hour as a card counter. But, because I had low expectations I was really happy initially to be grinding it out making five and seven dollars an hour. Well, fast forward six months and I’m making over $200 an hour as a card counter and the sky was the limit. But if I would have started out at the beginning thinking I’m gonna make a million dollars in the first year I would have been horribly disappointed to be making hundreds of dollars at the beginning. Because I had low expectations I was really content to put in the hard work to grow a bankroll and then be able to make good money.

So if you want to make it as a card counter my advice is to keep your expectations in check. Don’t expect to get rich overnight but you can make serious money as a card counter if you put in the hard work put in the time and like any investment it grows over time. The third thing that really helped me out when I started out as a card counter is I didn’t have any gambling baggage.

I hadn’t even been into a South African casino until I had practiced card counting for who knows how many hours. Now, I know people like Joe who has made upwards of seven figures and he actually was a blackjack player before. He enjoyed playing blackjack and then he turned that into being a successful card counter.

But for me it was helpful that I didn’t have a lot of you know gamblers fallacy or weird logic or bad habits or bad superstition. Or honestly, people that have a serious gambling problem the wiring in their brain changes and it’s gonna be hard to override that. So, my advice to you is do not form bad habits by gambling if you want to make it as a card counter.

Step away from casinos. Practice your skills. Walk into the casino again when you know you can walk in as an investor and not a gambler. A fourth thing that was critical to me making as a card counter is access to games. So, I was really lucky to be in Seattle at the time I was because there are so many little casinos here and then there are tribal casinos sprinkled around the area too. But all these little mom-and-pop casinos I was able to play lots of hours and really get my skills honed.

So, what does this mean for you? Well, if there’s only one casino within a five-hour drive of you, card counting might not really be worth it. The juice might not be worth the squeeze if you’re gonna have to drive that far have all the gas costs and all that stuff. And if you get backed off from the only place in five hours if you have nowhere else to play. Now, I do know professional card counters that all of their trips are traveling and flying.

So it can be done, but for me I don’t think I would have made it if I had to fly to Vegas to count cards So the fifth thing that helped me make as a card counter is that I had nothing to lose. So what do I mean by that? Well, when I got into card counting, you know, I was not making much money in another job and I also didn’t hang out in casinos at all. I never went to casinos.

so card counting for me was an opportunity to see if I could make some money outside of my job and if it didn’t work out I would have been okay. But also I wasn’t afraid of back offs. I wasn’t afraid of failing I really had nothing to fear. If you’re afraid of the back offs, if you’re afraid of losing the money, if you’re just afraid of being a failure at something it’s gonna be a lot harder to make it as a card counter then if you have nothing to lose and I’ve found that a lot of the most successful card counter I know they’re in a similar situation with me.

Where they’ve got some money, they’re willing to give it a try, if it doesn’t work out it’s okay. And because of that they’re fearless in their approach to card counting. The final thing that I had that really helped me make it as a card counter and this is actually a really big one is the right mentors. So, I read books and I read the right books.

I read professional blackjack by Stanford Wong. I read burning the tables in Las Vegas by Ian Anderson. And I knew a couple other card counters that were much more seasoned than me. I knew Ben who had been trained by we’ll call it “the big team” but one of the largest national teams and without that connection I wouldn’t have received the training I needed. There’s another guy I played with, I call him Sammy because I don’t wanna use his real name because he still plays, but Sammy had been a card counter for about a decade by the time I met him. He was much more seasoned and he really saved us from some huge mistakes we were making on our earlier team.

If I hadn’t had those mentors I know I wouldn’t have had the success I had. So for you my encouragement is find the right mentors Whether it’s through blackjack apprenticeship. Whether it’s through another network. Whatever it is, don’t try to, you know, reinvent the wheel. Learn from people who have had success with it.

Go out there crush the casinos.

Useful Tips About Online Casino

You, like the game, bets casino is not designed for someone who is not willing to risk much. People want simple rituals and little risky to get what they want. That makes me think that I really do not. They want to say today as much as I will explain given my last experience. This game Remember the book that I mentioned that I had found in the tenth game: trinar in Part 11 games, good god, forbidden by the game. Trinar tenth was not the only one who was there. In fact the book is full, and today I want to show another game that I I found it very interesting, but I could not find information about it.

On the net You’ve heard of the spirits, scoffers are beings who are responsible for bother. Turning on and off lights, hide your things and many others. You may have one at home and is the first requirement to play game, just check other useful recommendation about online casino here. All low range beings have an entity superior in charge of all tend to think, mainly in God, and the devil, but Among them are many steps full of extravagant beings.

It is called in the kant book as a being capable of distort reality at will, with the only goal of entertaining few. Are those who have been able to find with this entity and only a few have survived demo whim sing to invoke the you’ll need the following home, where two candles Blithe Spirit, a black and white needle a casino chip and package Unopened poker cards?

And you imagine where all goes well once achieved all need to wait for your next full moon. That night, the house should be only one Blithe Spirit, you and where you are, I recommend doing this in a room where a table, and so least two chairs sit in one of them and light. The two candles once lit comes to call Blithe Spirit, saying this: the spirit and ordered the lower astral clippers name here, for example loudmouth.

You must say again and again until you begin to notice their presence and pranks lights, go out and light or bumps on the wall or doors even under the table. In that moment, the game has reached its point of no return and no longer can you retire. Invoke that spirit, mocking and if you fold will no longer be attached to the house, but you and tormenting anyone until your sanity is destroyed. Now fully you forewarned, there is no other choice but to continue the Blithe Spirit has been attracted here name of their king and knows what follows listen to his voice, the voice, possibly he got to have in life.

He tells you our book worth your. What presence you must respond? Force challenged the king to a game. If I lose, you will not be tied to me. The rest of my earthly life and when I die, makes his citizen subjects, but I want you fulfill. My desire.

Silence reign in the environment is analyzing spirit if you’re worthy or, conversely not You deserve to see him, but no matter what decide, as it also has the obligation to continue telling our hard frame brow at this point, you cannot doubt takes the needle and click. One of your fingers and let fall on a boot record casino. As you say my offering has. It has been presented under the spirit of astral on behalf of Moqur and the best ie three months and already at this point book and be aware of your request, and he wants to play anything that tells you you. You will prepare for what you are about to feel.

Their presence is extremely imposing feel as temperature to see down to the icy breath of your breath and the feeling of danger. Your body seizes your instincts. More primitive tells you to run away.

Introduction to Poker Theory

So welcome to Poker Theory and Analytics. So this is going to be Monday, Wednesday, Friday from 3:30 to 5:00. I just got a room for a review session on Tuesday, Thursday for anyone who needs to catch up a little bit. The class is here, 4370. I’m Kevin Desmond. I’m going to be the instructor.

Paul Mende is the faculty advisor. And this is worth three H credits. The game play aspect– so this is what I did.

And I think this is really cool. So Poker Stars gave us our own private league for only MIT people in this course. And my goal here is to separate people who are fairly new from people who are very competitive, because I don’t want someone not to pass the course because they happen to be not that great at poker.

So I created this thing called the Beginners’ League. And these are going to be Daily Turbos. Turbos means they’re fast-ish tournaments.

And to get the game play credit, you can cash, you can make money in one of them, or you can play in 10 of them. So those who are struggling can get this game play credit by playing 10 tournaments, which is about a 10-hour commitment. Let’s go into the game play aspect more. So Poker Stars created this private league for us, which is really cool. So Poker Stars is generally considered the most reputable online poker site. That’s why we use them.

So they have two different types of games. So they have real money and play money games. Now if you’re in the US, you can’t do real money. It used to be something that was very gray area.

And then there was one poker site which turned out to be legitimately like a Ponzi scheme, and as a result, now poker in the US is like much more black and white, definitely not OK for real money. However, their play money scene is pretty resilient, and that’s what we’re taking advantage of here. The Poker Stars play money scene is broken down into two different things. They have public games, where you can just go and play for play chips against anyone in the world, which is cool.

And you can do that, and I recommend you give it a shot just to get used to the software. In addition, you could do home games, which is what we’re generally going to be doing. That’s what they call their private leagues.

So in the private leagues, in their home games, they have this showcase. And you might notice as soon as you log in that the MIT League, Poker Theory and Analytics, is already at the top. That’s not just for us. That’s for everyone.

Anyone in the world who logs into Poker Stars and looks at home games has the MIT League at the top, which I think is really cool. So to access this, I’ll send a more specific instructions later. I gave you guys just the passcode of what you need. But to actually get there, what you need to do is, you log into Poker Stars. You go to this button, which is a little house, to access home games.

And then you want to join a game. And what you do is, you put the Club ID, which is 557832. You put the invitation code, which you’re all going to have on Stellar. And then you put your real name, preferably the one that’s listed in the course, because I actually have to approve everyone that joins the league, and I can’t do it just based on someone’s screen name. And I guess you have to agree to some sort of terms and conditions. So let’s talk about hand history.

So a lot of analytics are going to be based off of hand histories, which are just text files that Poker Stars gives you to the extent that you indicate that you want to save them down. So these are kind of jumbled messes of text. Each line just shows one thing that happens. And you might get used to reading it, or might not, depending on how much you’re going to scrutinize it. But more importantly, you can use these in all the data analytic programs that we’re going to use. In particular, Poker Tracker runs off of that.

You’ll load just thousands of hands into Poker Tracker, and it’ll do analytics for you. It knows exactly what’s going on based on that format, which is generally considered universal. And then for the sake of visualizing these hands– if you just read it, that’s fine.

But then if you want to show other people, I’m recommending we use something called the Universal Hand History Replayer, which is something that’s free. And what it does, it just reads the hands, and it plays them. It animates what happened as if you were seeing it for real. So the deal with hand histories is, if you’re a real money player, Poker Stars dedicates databases of hand histories so that, if you want, you can request all your hand histories at any time. For play money players, they let you capture your own hand histories if you want, but they definitely don’t save them. So the reason I’m showing you this now, and I’m going to email it out to you later, is if you lose your hand histories, so you don’t capture them in time, you’ll never get them back.

So make sure you’re actually capturing hand histories, because we’re going to be using that for a lot of the analysis we do. OK, so let’s talk about the league. And honestly, I think this league is going to be really cool.

Usually the evolution of a player is they’re terrible at poker, and then they start becoming good at playing against bad people. And then when they actually start playing for real, they get crushed again because they’re used to playing against other bad people. So this will actually hopefully get you used to playing against other people who are playing correctly, which is not something you can commonly learn just from playing around with your friends.

In addition through playing in these online leagues, you can collect stats that you could never get from playing live. And I think this is why the live tournament scene is dominated by online pros. It’s because no live pro can get as many hands or analyze their play in the way that you can do online. It’s not even comparable. So this is given– even if your whole intention is to only play live the entire rest your life, doing this type of analytics would give you a chance to learn at a much faster rate and learn things that you would never see live. So every week we’re going to have a major tournament, which is basically going to be the same structure, maybe a little bit slower, than the ones we do daily, except they’re going to have real prizes.

So Akuna is giving us, for their first tournament, Beats headphones. And Apple TV, Bose speakers and a lot of gift cards. And then for their second tournament, they’re giving us all of those things plus an iPad Air and an iPad Mini.

But we’re not done yet. Because this class is focused on playing live, we’re going to end the class with a live tournament sponsored by Optiver on the 31st, which is the day after the last day of the class. So after the league’s over, and after you guys are good at poker, you’ll have an opportunity to play each other in a live tournament, where their prize pool is all of the Akuna prizes, plus a PlayStation 4, plus an iPad, plus a Kindle, and plus a GoPro. I want this to reflect the type of things an online, multi-table tournament player would do. How it normally works is, during the week, and basically every single day, there is a uniform amount of tournaments that will just run every single day at the top of the hour.

And these pros will just grind those out. They’ll get used to the structure. And that’s where they’ll kind of grind their teeth. And then on the weekends, that’s when you get a lot of the square money, a lot of the newer guys who only play poker on the weekend. And those are more gimmicky, idiosyncratic tournaments, but also the highest value.

So that’s why I’m producing the tournament structure like this, where the bulk of your tournaments will be very similar to each other. But then the tournaments that really matter will be completely different, at least relatively different. So that’s why I’m doing that. That’ll make you get a feel for what these guys have to go through. So let’s talk about turbos. Turbos let you focus on pre-flop decisions, which are the area where I think there is the most to learn among people who are new at poker.

Basically, all of your value that you’re losing in tournament is from screwing up pre-flop. No one gets that right live because it’s really difficult to be able to feel comfortable doing what’s generally considered right. And we’re going to spend a lot of time on pre-flop.

But these turbos encourage you to do that sort of thing, because live is a lot of pre-flop, and you’re going to be doing that in the turbos online, too. In addition, no one wants to spend six hours doing a tournament. So I’m making these turbos so you can be in and out in 45 minutes. And then you boot up another tournament, or you can be done with poker for that night.

In addition, you have the opportunity– you can play as many tournaments as you want. It’s common for pros to do something called multi-tabling which is they’ll do multiple tournaments at the same time. For the beginners, I’d probably recommend you just do one. But for the regular league, have at that. you want to do like all four tournaments at the same time, go ahead, to the extent that they overlap with each other a little bit. OK.

So that’s the end with the prize league. So the schedule is, we’re going to go through what I’m calling basic strategy, which are the basic axioms that we’re going to be using in order to analyze the decision making process in poker. Then we’re going to be doing pre-flop analysis.

And we’re going to be doing a lot of this, because this is really where the value add is going to be, is getting this right. I think the way that we can tackle this thing is kind of a way I recommend that you learn anything complicated. So we’re going to break this down into three different sections. Fundamental concept, practice, which are actually implementing those concepts when you have 10 seconds to make a decision, and then more advanced stuff. With regard to concepts, I’m going to call this the basic framework for decision making. It’s being unexploitable.

You want to get to the level when you sit down at a table, every pro in the room doesn’t turn and go, I want to sit at that guy’s table. You want to be a slightly winning player way before you want to become a huge winning player. In order to let you know the type of thing that we’re learning, I’m going to label the slides with this, to indicate that this is like a basic concept. Learn this thing before you move on.

The advanced stuff is, once you learn how to do things– which how to do things is pretty broad– we’re going to learn minor adjustments that we can do to get quite a bit of extra money, like how to grind out that additional half big blind an hour out of our opponents. So any real deviations from what we normally do, in addition to meta game. Meta game is always fun, like anything not related to the hand to hand decision making process, like table selection, or bankroll management, or deciding whether or not to play. That stuff is really fun, and that’s to be indicated by this ace here. OK.

So I’m going to label those slides for anything that’s considered advanced, and stuff you should only really do when you get the concepts down. And then a lot of this class is going to be focused on practice, which is how to actually implement these concepts on a day to day basis when you’re actually playing, especially live. We are not going to have all the information. We’re not going to have calculators, and we’re not going to have that much time to make a decision.

So how to apply these in real time, making rules of thumb, figuring out what you can just ignore and what you have to definitely do, and then some the psychology stuff related to actually performing live is going to be what I’m calling practice, which is going to be indicated by that poker chip with a P in it. Let’s talk about what I’m bringing to the table here. So this course is primarily going to be from my perspective. And the decisions about what I’m going to teach you here, and the value calls I’m making, is going to come from what I consider the appropriate way for someone to play poker. So my background is that I was an online multi-table tournament grinder, not because I was a great pro, but because I sat more than I played. I was definitely a person who did not play every single tournament.

I told you the World Series of Poker has like 25 different tournaments. 10 are Texas Hold’em. And then they have an Omaha tournament, and a horse tournament, which is a combination of five different games. And what is common is that any pro who plays one plays them all.

I consider that ridiculous for someone who’s actually interested in making any sort of money or career playing poker. So I’m definitely someone who prefers identifying value and monetizing it. So anyway, that’s the perspective that I’m going to be teaching this course from.

I like ROI. It’s a great efficiency metric. Usually you try to maximize your ROI up until the point where it’s below some sort of hourly that you set for yourself, because one of the ways you supplement ROI is by moving down in stakes.

Usually lower stakes are easier games. You should have a higher win rate. But that win rate’s multiplied by a much lower number. So usually you’re going to move around in stakes until you have a good ROI, but hopefully above what you consider your lowest amount that you can feel comfortable earning. In addition, I want to focus on live tournaments because who knows what’s going to happen to online? Whereas I think live tournaments are very social, they’re very public.

Everyone knows who wins live tournaments. So I’m going to teach in a way such that focuses on these types of values. OK. So let’s move on to some of the concepts and tools that we’re going to learn. So we’re done learning about what we’re actually going to be doing during this class.

So let’s learn a little bit about poker. So first thing is, we’re going to be using PokerTracker a lot. So I’m going to email out exactly how to install this thing. PokerTracker has donated 115 licenses to their product for us. And then our next lesson, on Wednesday, is going to be Joel Fried teaching us how to use this thing and going through some of the analytics. So one other thing that I like using is the Universal Replayer.

And what this thing does is it just visualizes hand histories. So you’ll feed it a hand history in a text file. It animates it. It probably does other things, but it’s free. And this thing’s been around for a while. I’ve not even sure if it’s supported anymore.

But it’s a thing that I’m used to. So this is what it looks like. So you give it a hand, and then it reproduces what you might have seen if you actually played that hand. So let’s move on to a concept. So stack size. So this might seem fairly simple, but we ought to make sure we’re talking about the same thing when we go through this.

So your stack size, it’s the value of the chips in front of you. So that’s fairly normal. But we have this thing called effective stack size, which is what we’re usually going to be talking about when we refer to stack, which is the minimum of your stack or the next biggest stack after you.

And the way to think about this is the number of chips you could possibly lose in this one hand. That’s what your relevant stack size is. And the way you make decisions will depend on your effective stack much more than anything else. So an example of this would be, say you’re in a heads up situation where you’re the hero here on the small blind. Big blind has, whatever, 300 chips.

And you have some amount of chips with queens. So if you have 1,500 chips, and so does he– say blinds are like 10/20– you have, what, like 50 times the blinds combined here. So this is a pretty different hand than aces.

Why? So say that you raise with queens, and then he raises you. So you raise to 60, he raises you to 200, you raise to 600, and he pushes to 1,500. Your queens are probably not really that good anymore. It matters how many chips you have here.

However, if you have 300 chips, you raise with queens, and then he pushes over, you can’t fold that. You might as well have aces, and it makes your hands, the way you play hands, materially different. That’s why chip size matters in general. When the chip stack is low, you’re playing these two hands basically identical. You’re saying– you’re just playing this range.

However, when we’re talking about effective chip stack, it’s the same thing, where even if you have 1,500 and he has 300, if you raise, he’s going to push. You don’t have the opportunity to do that back and forth anymore. So you might as well have 300 with regard to your decision making here.

That’s why we’re looking at the effective stack, because it really matters who has the least number of chips, because that determines when the action is going to be over. So really, I like this definition the most, the most amount of chips that you can lose in the hand. It’s a lot more, I think, simple to think about than this min formula. OK. And then we’re almost always talking about effective stack. Let’s talk about Dan Harrington. So Dan Harrington is a player whose style I very much like.

His nickname’s Action Dan, which the consensus is, he just kind of gave himself, because he’s considered Mr. Fundamental, like tight aggressive ABC player. So this playing style, this temperament, tight aggressive, is something that is used to characterize basic playing styles. So let’s quickly go through what those are. So there are two different axes here. There’s how often you bet, where bet means you are raising the stakes, so either you bet or you raise.

And then here’s how often you call. Either you call a lot or you call not that much. You can get a good feel for the type of person someone is by what box they fill in. So these have names. So someone who’s tight aggressive, you would just refer to them as Tag, which is like what Dan Harrington is. You bet when you have good hands and you fold when you have bad hands.

Another possibly winning strategy is loose aggressive, Lag, where you certainly bet when you have good hands, but you will see a lot of cards before you’ll give up on a hand. You’re definitely willing to call a lot. These, type passive, are not pronounceable words, so the community generally came up with different words to describe these. So a tight passive person is weak. They’re someone who you can completely run over, because they fold when they have a bad hand, they check when they have a good hand. I guess they would be called rocks.

You never need to worry about having a big losing night against these guys. So someone who’s type passive is generally considered playing sub-optionally. And then the loose passive people are described– this icon, which I forget what it’s from.

I think it might be from an old version of PokerTracker, or maybe it was on Party Poker or something. But everyone loved seeing this icon which you could label people as, because a loose passive person is what? They are a calling machine. That’s what that stands for, and it means that when you have a hand, they will call all of your bets. You will extract value out of them.

But when they have a hand, they’re OK with letting you look at your draws to make a decision about whether by the river you have a hand or not. There’s virtually no way that these guys are making money in poker. I think it would be, like over a realistic sample size, there’s no type of player who could fit in this quadrant and be good enough on any other metric to actually be making money in poker.

So in general how we look at this is, we would call this Tag guy solid ABC. That’s what I’m recommending you guys play as. Tag players, as a quadrant, are going to be the biggest winners. Lag players, someone who’s very aggressive and plays a lot of hands, could possibly be a pretty good winner. It depends on the type of game, and then their opponent and their ability to pick spots.

But there are a lot of big Lag winners. There are not a lot of big weak winners. And there are not a lot of calling machines, loose passive players, who are not big losers.

So anytime you see– this is a definition of someone who’s a complete fish, a huge donater to the game. And your ability to recognize this type of thing will help you find good games to play, when you see someone doing this kind of thing. Anyway, back to Action Dan. So Dan Harrington is a pretty good poker player. He’s been around the block. He won the main event back in 1995, when it had, like, 300 people in it.

He has two World Series of Poker bracelets and one World Poker Tour title. But anyway, so Harrington popularized this thing called the M-ratio, which was invented by someone else. So the M-ratio was invented by this guy Paul Magriel, who’s a backgammon theorist, apparently one of the best backgammon players in the world, commentator for the WSOB, World Series of Backgammon, and eight WSOB final tables. Anyway, so he’s supposedly really, really good at math, even by MIT standards. But he invented this thing called the M-ratio, but then it never caught on until Harrington started doing it. All right, so Harrington’s M-ratio is your effective stack divided by the sum of the blinds and the empties.

So you’ll hear people talk about, like, oh, I had 10 big blinds, or 15 big blinds or whatever, to talk about their chip stack. But that has a fundamental problem. It has a lot of different problems. One is, it doesn’t tell the story.

So the usual blind levels are like 1/2 or 2/4, where the big blind is just twice the small blind. So that’s the assumption. But if you’re at a blind level that’s like 1/3 or 3/5, the number of big blinds you have is not indicative of anything. It’s not indicative of how many hands you can see, or how much you care about winning a pot pre-flop.

So using the blinds is bad, in addition to, once you start having, like, if you’re 50/100 blinds and you have an ante of 25, you have basically half the stack you had before, in realistic terms. Just to get big blinds doesn’t, in fact, earn antes at all. And that’s a major problem referring to it like that. So using M seems to make a lot more sense. So what it is, is it’s basically the percentage of your stack that is the blinds in the ante. So it’s like how many rounds of poker you can survive if you just fold every single hand.

Of course, you’re not going to do that. Although I think that’s what he’s actually getting at, because he uses M to refer to when you have to make a move, which is not generally how I recommend you do it. I think it’s more important, because it means how important the blinds are to your stack.

The only reason anyone plays any hand of poker is because someone wants to win the blind. So even if you have kings, to some extent, if you could win the blinds, 99% of the time you would just do that. You don’t really all the time want someone to go up against you. So the blinds are really driving the decision making process, at least pre-flop. And the percentage that those blinds are of your stack matter a lot.

If they’re 1% of your stack, if your M is 100, the blind basically don’t matter at all. Whatever happens after the blinds is going to materially impact your decision. Where if your M is 2, and the blinds are half your stack, winning those seems really important. You should do whatever you can to kind of maximize your chance of winning that.

So that’s why M is a good ratio here. And then, in addition, for tournaments, it makes it much easier to talk about hands without having to worry about all the different parts of the tournament life cycle. If you have 1,500 chips and it’s 50/100 blinds, you can basically make the same decisions as if you have 10 times as many chips at a level that’s 10 times as high blinds. You could just divide in your head and basically make the same decision. You don’t need to worry about doing anything different as a result of having more chips.

So Harrington invented or brought up a bunch of other things that never really caught on. He invented a thing called the queue ratio, which is your stack size divided by the average stack size in the tournament. So I guess you might use this to get an idea of how far behind you are in the tournament. Like if your queue is 5, you don’t need to be that aggressive.

But if your queue is .2, you have a lot of catching up to do before you’re realistically going to be anywhere near the money. I don’t really make decisions based on that. I think the community doesn’t. So it never really caught on for anything. I’ve never actually heard anyone use that. So he came up with this thing called effective M, which makes sense, if you look at M from his perspective.

Effective M, it’s your M divided by– you multiply by how shorthanded your table is. And it gives you the equivalent of the number of 10-handed tables you could survive. It just means that, say you have 10 Ms, you could survive 10 rounds of blinds. If you have three people at your table, you can’t survive for another like six hours because you actually pay the blind every other hand.

That’s what effective M is doing. It reduces your M proportionally. Since he’s looking at this from the perspective of when you need to start making moves, it kind of makes sense that your M would be reduced if you’re shorthanded. But I look at M from the perspective of how valuable it is in terms of blinds. So I don’t really use that.

I don’t know anyone who really uses effective M either. But he invented them, and maybe they’ll catch on eventually. So I think that’s going to be done for today. Thanks, everyone, for a good first lecture.

How To THROW Playing Cards FAST!

– Have you ever wanted to throw playing cards like Gambit from the X-Men? (hip hop music) Or chop fruit in half like a ninja? (hip hop music) Or use playing cards as weapons? (hip hop music) Well, stay tuned, because today, you’re going to learn how to throw a playing card. We’re going to be looking at two different techniques, and focusing on three major points when throwing playing cards, including accuracy, speed, there we go, and technique. But before we get into that, we’re going to learn a little bit about the history of playing card throwing, and where it was popularized.

Let’s look at that now. Card throwing has been around for a long time. Some believe that it originated in the 1800s with Alexander Herman, who was a fantastic magician, and he would incorporate this in his live stage shows. Now, the cards that they used back then were a lot heavier, but he would accurately throw them to an audience member and it would land on their lap. Howard Thurston then also used to perform that in his stage shows, and would whip a card from one end of the theater all the way to the other end, would smack the back of the wall.

There’s a great book on Howard Thurston that I’ve read by Jim Steinmeyer. You can check out the link below, I’ll leave that for you, so you guys can do your research. Achieving accuracy, distance, and force with the card requires giving it both lateral speed and angular momentum.

The spins creates a gyroscopic stabilization so that the card’s flat profile remains mostly parallel to the direction of travel, and thus suffers the least possible air resistance. In other words, it’s thrown flat and spins and moves forward. Teachings of card throwing is actually in the book, Cards As Weapons, by Ricky Jay. This book here. Don’t go looking for the hard copy.

I actually took the cover off because I wanted to conserve it. This on Ebay, probably going for about $1,200 dollars if you can find it. But, there are paperback editions available. You can probably find a PDF somewhere, I don’t know. But, inside this book, there are very, very interesting things. This is a book mainly popularized because of its title, Cards As Weapons, which created this big myth, can cards be used to actually kill people?

That was actually later debunked by the show, Mythbusters, but this book was just kind of a satirical look at using playing cards as weapons. At the most, you can probably pierce flesh and draw a little bit of blood, but in this book, as you can see, there are multiple techniques that he teaches. I will be looking at a technique used by Howard Thurston.

I believe this is also the technique that Ricky Smith Jr. uses. He is actually the Guinness World Book of Records holder for the speed, I think it’s like 95 miles an hour, something like that, and also the distance. Ricky Jay is also well known for his card throwing and has been seen on many, many late night TV shows in the past. Throwing cards into watermelons, etcetera. The other technique that I’m gonna be showing you is a basic variation of more of a flourish. This is something I’ve been doing for a long time, and the only history I could find on it are Dan and Dave Buck, who’ve put in something called, I think they taught this, which is called The Flick, no, Click, that’s it.

The Click toss, which is tossing a card in the air, but if you actually use it with the momentum of a pitch, you could actually get the card to sore at a pretty ridiculous speed and pretty accurately as well. Those are the techniques that we’re going to be looking into, so thank you for being patient and checking out a little bit of the history of card throwing, now let’s get into learning how to throw these cards. Alright, so the first technique we’re gonna be looking at is the Thurston grip.

The Thurston grip is taught within Cards As Weapons, and we’re gonna look at a detailed video on how to achieve accuracy and strength. This is the technique that I use when I toss cards, when I throw cards, when I wanna chop things, when I wanna really wail them at people, pedestrians, children mostly, animals sometimes. This is the technique that I use. So, basically, you wanna hold the cards in this grip here. Now, what you’re going to do, so if you’re holding it face down, you’re gonna hold the corner that has no pip in-between your index and middle finger, and you’re gonna curl them into your hand, just like I’m doing here. Using your arm, so, basically just like a pitcher throws a ball, where they’ll move their foot out and they’ll throw like this, is basically what you’re gonna be doing with this.

Now, you’re gonna start here, and as you cock back and turn your whole body, your whole arm is going to act as a whip. Now, if you can do this, remember this? People do this all the time?

Whip, whip. Don’t wanna do this in your room when your mom’s listening. But, basically this here is that whipping motion, but you wanna get the arm into that, right? So, you’re turning your body, and just like a whip is releasing, you’re gonna get that whap whip way down. Now, at first, just start small.

At first, grab the cards and just see if you can just sore them to get an idea of the physics of throwing a card, because it’s much like a Frisbee, it has to sore sideways. A lot of times you’re gonna throw, it’s just gonna flutter in the air and fall down. So, what you wanna do is practice on just getting the cards to sore. And after you’re more comfortable with it, that’s when you’re really gonna (snap) start wailing it. Let’s see how this technique does on the card target. Alright, here we go.

We’re gonna try to his the bullseye. We’re just gonna try to get it on target, and get it to stick inside the Styrofoam. It’s pretty thick Styrofoam, so we’ll see what happens. (snapping) Ooh, I hit the middle.

That basically is the Thurston technique, which is really launching it forward. As you can see, the accuracy isn’t all great, but I mean, I tried my best. Next up, we’re gonna look at the Click grip. The Click grip is something a lot funner, because you’re not so much gonna break your arm throwing cards, and it’s also a bit of a flourish where you can just toss cards up and these can go boom, up to the ceiling, 20 feet high, and come all the way back down in sort of a boomerang fashion.

I believe this is taught by Dan and Dave, something I’ve been doing for a while, but this definitely a cool little flourish, but if you incorporate it into a card throwing technique, it becomes really interesting, because you’re getting a crazy spin momentum on the card. You’re gonna be able to throw these very accurately, and the spin will actually create a greater impact, because there’s more of a g-force happening when it hits the target. It kinda looks like this. Same action with the whipping, just like that. That is the Click technique. Let’s see how this technique does on a target.

Now, we’re gonna look at the Click, Flick technique, which I think was originated by Dan and Dave, which is basically taking a card and throwing it up, catching it back, and it sort of boomerangs it’s way back to you, just like this, but if you angle it downwards, you can actually throw it, and if you incorporate that whipping motion, you can just doubly get it to fly. So, we’ll see if we can hit it on target and get it to stick. Might be a little bit more difficult, but we’ll check it out. So again, you wanna use this whipping technique. Boom. It doesn’t take as much arm strength, because most of it is happening from the flicking motion of your fingers, as you fingers sort of do that flick.

Now, if you want to, you don’t have have to throw it as hard as I’m throwing it. If you just wanna practice accuracy. Do that, got it? Trying to get that 100.

Right, or you can use the other technique as I mentioned to just slowly throw it on target, which will really practice your accuracy. If you want it to stick. If you want it to stick. If you want it to stick. You know what, we’re gonna use a different technique, because we want it to stick. There we go, got it.

So, those are the two techniques, hope you enjoyed that. Guys, thanks so much for tuning in. Thanks for watching this tutorial. I hope you enjoyed it, and I hope you learned something out of this.

There are many, many techniques on how to throw playing cards. Different people use different techniques. I’ve seen a lot of techniques using rubber bands as well, if you’re not so skilled with your dexterity or don’t wanna give it the practice, you can always rely on that, but I think there’s something innately cool about being able to just grab a deck of cards and use them as weapons, like literally, you can cut someone.

So, I hope you enjoyed that. Keep practicing. Please be safe when practicing. Don’t throw it directly at people, ’cause you can hit them in the face, in the eye. If you’re gonna do that, just tell them to wear goggles or something. Practice, be safe, those are the major keys, and don’t overdo it.

I’ve developed tennis elbow. My arm is like inflamed right now. So, do take breaks, do some exercises and stretches prior or afterwards.

That should help out loads, but regardless, if you enjoyed this video, go ahead and leave a like and a comment below. Share this with your friends, maybe teach them in the process, and we’ll see you guys on the next video, alright? Peace. Oh, and one more thing before I go, obviously.

On the last vlog, I promised you guys three prizes. So, I’ve chosen three people at random who’ve commented on the last video to receive a signed deck of cards as well as the play button sticker for your laptop. Those names I left in the description below, so check them out. Congratulations to those of you that have won. I will be verifying your account if you claim you are a winner, to make sure that you are the person you say you are, so don’t try anything sneaky.

That being said, I wanted to take a second to thank all of you. YouTube is everything for me right now, I love it so much. I love creating on YouTube, and I love being a creator, and I’m nothing without the support that I have. So, really, any success that I have is because of you, and I wanted you guys to know that, and a lot of you on the last video, I just kind of asked you, let me know what you thought of the vlog, and it was a vlog that had absolutely no magic, and to my stunned surprise, the comments were pouring in and they were positive, saying how much you guys enjoyed the content even though there was no magic, and how much it’s refreshing, and you would follow me no matter what, and those types of things really, really meant a lot to me, and I couldn’t believe… As a magician, I’ve been putting a lot of things on social media, and for the most part, if it doesn’t have a deck of cards in it, and if it’s not the latest magic trick, no one cares in the magic industry. Rightfully so, I think you’re following people for whatever reasons you wanna follow them, but for you guys to show me the support even though there was no magic means a lot. It really means that on some level, I’m doing something right, and I’m connecting with you guys, and you guys can appreciate my channel for what it is, and that means a lot to me.

So, I wanted to take a second to really thank you guys for that. Sincerely, thanks. We’ll see you on the next video. (hip hop music)

How To Play Casino War Game

Hi, I’m Shannon from Casino Rama Resort and I’m gonna teach you the game of Casino War. You may remember playing this with family and friends. It’s as simple as one card each and the highest card wins. So when approaching a table, put your cash down on the table, as the dealer can’t take anything out of your hands. The dealer will then hand you your chips.

And you can place your wagers. On our game of casino war, our minimum bet is usually $10 and maximum being $500. You place your bet in the circle and the dealer will hand you one card.

You have a 4, the dealer has a 6, unfortunately this is a losing wager. We collect the cards and we can start again. in this situation I’m going to show you a few extra hands. So we’re going to pretend there’s a couple of extra players here, we also have an optional wager that’s called the tie. The tie pays ten to one and is only paid when the dealer and the player have the exact same card. So place our wagers here, the dealer calls no more bets and places one card for each wager and one card for themselves.

In this situation the dealer has a six, we’ll pay a seven or higher, and we will collect the losing wager where there’s no tie, collect a losing wager and pay a winning wager. And this one unfortunately is a four, where we don’t have a winning wager at all. Select the cards and we can start again. All right we’re going to place a few more wagers pretending we have three people playing and no more bets. The dealer has a six, paying a seven or higher. So we are going to collect these two wagers.

Four is losing against a six, the tie is the losing wager on a jack. And here we have a tie on the six where we are going to pay ten to one. The dealer will hand you your winning wagers here, collect the cards and we’re gonna put this wager on top of this card here. You’ll take back your winning bets now. In the case of a tie you have the option to surrender and take back half of your wager. So in this case you would take back five dollars and you would lose five dollars.

Or you can have the option to go to war, where the dealer will place a $10 wager here and you have to put an additional ten dollars in the betting circle. So you place ten dollars and the dealer will place ten dollars. We’re going to burn three cards and give one here – an ace. And burn three cards and give one to themselves – a seven. In this situation you have an ace, the dealer has a seven, you are going to win, the dealer will hand you your money and we will collect the cards and start again.

And this is the game of Casino War.

The Ultimate Quick Guide to Card Counting

Today, we’re gon na teach you the easiest and most effective way to count cards in blackjack. It’S called the high-low method Card. Counting is pretty easy to learn, but before you head to the blackjack table, to put your new skills to work, you have to understand the casinos.

Don’T want you counting cards, it’s not technically illegal, but if the casino catches you doing it, chances are they’ll. Throw you out and not let you back in the goal when you’re counting cards is to keep track of how many high and low cards are still in the dealer shoe when there’s more high cards than low cards, it’s good for the player, since it’s more likely You’Ll get a blackjack, That’s mainly because the house pays 1.5:1 on Blackjacks instead of the regular 1:1 on other winning bets. It’S better for the dealer, when there are more low cards left in the Deck since they’re forced to hit on Hands less than seventeen and they’re less likely to bust when there are less big cards. The high-low method organizes cards into three groups.

According to rank Cards, rank duece through 6 are assigned a value of plus one 7 through 9 get a value of 0 and tens jacks Queens, kings and aces are -1. The goal is to keep an accurate running count of all the cards revealed by the dealer. The higher the count, the better the odds, are for the player, as you start out its okay to count each card individually, but you’ll quickly see its easier to group card to corresponding pairs. In this example, the first hand has won high card and one low card Which cancel each other out for a net value of 0 in a running count, the same is true.

For the second hand, The third hand has two high cards for a net value of -2 and a fourth hand has two medium cards for a value of 0 with the dealers 3. The running count is at -1, keep the running count, going as the hand plays out. The next step is to calculate the true count. In order to do this, you have to estimate how many cards are left in the dealers shoe.

The easiest way to do that is by looking at the discards and subtracting that from the total number of decks in the shoe to get the true count, just divide the running count by how many decks are still left to deal. So if your count is at fifteen and you’re halfway through a six deck shoe Divide 15 by 3 for a true count of 5, the way you can use card counting to your advantage is by betting more when the count is high. Memorize. This chart, which is available on the higher the true count, the more you should bet, keep watching Casinotop10 for more free casino strategy.

How to Be a Blackjack Dealer : How to Shuffle Cards for Blackjack

We’re going to talk about the appropriate shuffle when it comes to dealing poker. We have your typical deck here. Once you have your deck, you split it in two as neatly as possible. You want to hold the deck very tightly in your hands and really neatly just cut it right in two. Go ahead and practice this cutting it right down the middle as neatly as you can.

So once you have the two about equal, you want to make sure that both stacks are about equal. Then you put them in your hand, with your index finger up at the top corner and put the bottom corner towards yourself. You’ll see it makes this little diamond shape here.

Once you have that little diamond shape, you have your pinkies on the outside, your index finger on the inside and you use your thumbs to pick up the cards. You want to deal as tightly as possible. We’ve said that once before.

I’m trying to do it a little bit slower, so you can see. Once again, I have my index fingers pushing down on the cards. My pinkie’s on the outside and my thumbs in the middle here.

I lift up with my thumb and I try to let as much air through as possible. You want it to be light, tight, crisp and neat. Once again, I’m going to take my thumbs and go through the cards. Once you have your cards together, you just push them together from the outside as a neat and tight deck. The faster you get at it, obviously the better.

You cut your deck, you shuffle and you put it together. The more practice you have, the better you’ll become at it. In a typical game of poker, you shuffle once, then you do what’s called a riffle. You take the cards from the bottom of the deck, a little bit, and then the top. Bottom, top, bottom, top, bottom, top, until you’re done all the way through the cards.

Again, the faster you get at that the better. You just go as fast as you can. Then you shuffle two more times. Once again, the basic thing to shuffle is you have your deck of cards. You split it in two as quickly and neatly as possible. You shuffle once, put the cards together and then you have the riffle.

After the riffle, you shuffle two more times. Then you cut the cards. You have your cut card on the bottom so nobody can see what the card on the bottom is. You take the top half of your deck, place it over the top card, put the bottom on top now. Hold it in your had like this and you’re ready to deal.