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Posted by on Jun 8, 2012 in Blog | 1 comment

Business Lessons You Can Take from Playing Poker

Business Lessons You Can Take from Playing Poker

 

People love to play poker. Professional players and families at their kitchen tables both enjoy the stakes and the thrill of playing for real cash or just for bragging rights!

There are rules to the game like there are in any competition, and a certain standard for poker table conduct that players should understand.

Having knowledge of how to play this popular casino game can help in more ways than one. While it is a great game to know how to play, it can also teach some pretty important life lessons.

Poker can offer great tactics to succeed in the business industry. Business owners could really benefit from some of the rules and strategies of the game.

Who would have thought that being good at poker could help you along the way? These five lessons that apply to business can be learned through playing poker.

 

Stick to Your Budget

Whether you are playing poker to win some cash or just to have fun, the money will be involved in the game. Any pro at the poker table knows that sticking to a budget is the smartest move to make.

Players should come up with the amount they are willing to lose before they call it quits. They should also think about how much they want to bet even after winning a few hands. Continuing to play after winning could lead players to lose more than they intended!

It is definitely easy to keep track of your winnings and losses when you play poker online because the virtual bank will keep you updated.

According to Alex Kapinsky at NJGamblingFun, “some online poker games even offer bonuses for new players. Maximize your budget by choosing an online platform that offers great player promotions.”

In business, setting a budget and sticking to it will lead to success. Spending too much could result in the downfall of a company, so make smart money moves.

Spending frivolously could cause the business to lose too much money. Only spending within the means of the business is important to keep it afloat.

Set a budget for every decision that will need to be made in order to keep the business on track for years.

 

Master the Art of the “Poker Face”

In a game of poker, hiding your emotions is a tactic all professionals use to help them win. Keeping a straight, unassuming face has gained the title “poker face” because of how frequently players use it.

Players never want to give away their hand or show any sign that they are in a good position or a bad one.

The same holds true during business meetings and discussions.

Staying calm, cool, and collected is the best way to come to a sound conclusion. Don’t let your emotions get the best of you during any business-related conversation.

Getting angry will make a bad impression while being too excited will keep anyone from taking you seriously. Stay serious and motivated to make the best decisions for your business.

 

Have Patience

In poker, it is definitely frustrating when you don’t win after playing a few hands. The game is all up to luck and getting a good hand of cards.

Staying patient and playing until you’ve hit the budget you set for yourself is the best way to play. Showing your frustration or disappointment is not the best conduct at a poker table.

Remember, the game is meant to be fun, so keep it light-hearted!

Being patient with a business is also key. It can take a while to see real change or improvement in a new business or even one that’s been around a while.

Jumping to negative conclusions about the business is never the way to go because it will discourage coworkers and employees.

It takes time to create something successful, so just wait a bit with patience to see the changes you hope for.

 

Try Not to Make Enemies

Your competitors are playing against you, but you don’t want them to despise having you at their table.

Playing poker with sportsmanlike conduct will make sure everybody has a good time. Don’t be a sore loser or a sore winner!

It’s the same in the business world. Having enemies could ruin your reputation or lose some big-time clients.

Be nice to everyone and take losses (and wins!) graciously, just like you would at the poker table.

Maintaining good relationships with your employees and coworkers is another huge part of a successful business venture. According to Academploy, a strong management style goes a long way in keeping up with those important relationships.

Being accommodating and understanding for your employees yet maintaining a strong role will help you lead an effective business.

 

Have the Right Attitude

Poker is meant to be fun, though it definitely gets competitive. Go in with the mindset that you might lose a little to get you in the right headspace.

Expecting to lose sometimes will make the losses easier to handle and the wins more exciting! 

While some people might play poker only to make some money, it is meant to be a game that people enjoy. Looking at it as a game and not a source of income will help make the losses less painful.

Making moves in business should follow the same guideline. Losing money will happen, but earning money is also bound to come.

In any business deal, it is important to keep a leveled head and be prepared for any outcome. Understanding what the worst-case scenarios are can help you consider what to do if they were to happen.

Losing money, while painful, is not the end of the world. You have to pick yourself up and brush yourself off if you want to try again to be successful!

 

Poker and business ventures have many similarities, making poker a great way to learn some effective business strategies.

Having the right attitude, preparing for what is to come, and staying come are all aspects of a poker game that business owners can benefit from.

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Posted by on Jun 8, 2012 in Blog, Essays | 1 comment

7 First-time tips: Read this before playing poker in Vegas

7 First-time tips: Read this before playing poker in Vegas

 

If you have dreams of being Phil Ivey or Annie Duke or Chris Moneymaker, you need to go to Las Vegas to play some poker. If you have never been, as you can imagine, it is an amazing experience. The modern casino poker rooms are more like palaces with beautiful felt tables, a buzzing atmosphere, and modern amenities like USB charging stations and flat-screen TVs. The poker room at the Wynn Las Vegas even has a sportsbook window right in the poker room! But, before you head to Sin City to get fitted for your World Series of Poker bracelet, there are a few things you need to know. Here are 7 first-time tips for playing poker in Vegas. 

 

Play poker in the poker room 

There are two general types of poker games at a casino. There is the poker that is played head-to-head against other players in the poker room and there are the poker table games you will find in the regular casino pit. These games, such as Three Card Poker, Let It Ride, Caribbean Stud, Pai Gow Poker, and others, should be avoided. They have worse odds and a bigger house advantage than both playing poker straight up and even other table games such as blackjack or craps.

 

“If you really feel the need to play a poker table game,” says Lucian Marinescu, a partner at OnlineCasinoGems, “play Pai Gow Poker. It has a lower House advantage than games like Three Card Poker or Caribbean Stud which have some of the bigger House advantage percentages in the entire casino.”

 

Look for daily tournaments 

A good way to get a serious return on your poker investment is to play in a tournament. Almost every poker room in Vegas has at least one, if not more, daily poker tournaments to play in. Usually, these tournaments run you somewhere between $50 – $200 for an entry fee and will guarantee a winning prize of $1,000 or more. You do not have to win either to finish in the money. Most tournaments payout the Top 20 or so players so if you can hang on for as long as possible, you can have hours of poker fun and win your money back or walk away up.

 

Know what beats what

This is an elemental part of poker and when you are in Vegas, it is very important you know this like the back of your hand. There is nothing more embarrassing than reaching for a pot with a straight when someone else has a flush. It will make you look like an easy mark. Before you head to Vegas, commit to memory this order of what beats what – high cars, pair, two pair, three of a kind, straight, flush, full house, four of a kind, straight flush, royal flush.

 

Makes Chip Stacks of 20 

A tip that will not only make you look like a pro but will also make the game much easier for you is to stack your chips in stacks of 20. This way, you will know how much you have in your bank at any given time and will be able to quickly make or call bets without having to go through the time-consuming routine of counting your chips each time. Why stacks of 20? Because, it gives you nice, round numbers in any denomination.

  • 20 x $1 chips = $20
  • 20 x $5 chips = $100
  • 20 x $25 chips = $500
  • 20 x $50 chips = $1,000

 

Open your mouth

A poker table in Vegas is not a place to sit in total silence. Talking a bit at the table will help your game in a number of ways. You do not have to engage in banter with other players but calling out your actions will help everyone involved and be greatly appreciated by the dealers and other players. Do not just push chips into the center. Say “call” or “raise” (followed by the amount) so that everyone knows exactly what you are doing. It will make the game much smoother for all. Also, don’t be afraid to ask questions. Dealers, other players, or casino managers will all be happy to help and will be glad you asked instead of inadvertently breaking a rule.

 

Put on your poker face  

One of the most unique things about playing poker at a casino is that you are playing against other people – not the dealer or AI robots – who can base how they play against you based on your reactions to things. In blackjack, the dealer can see your cards and they have to hit at certain times no matter what, so you can celebrate that 21 as you see fit. In craps, when the dice lands, everyone knows the outcome so there is no hiding. In poker, you need to keep a calm, cool, and collected demeanor so that your opponents can’t use your reactions to their advantage. That is why a great poker face, as described in Gambling News Magazine, is so important.

 

Pay attention

Remember, poker has been ruled by a court of law to be more a game of skill than a game of chance. That is why you need to be locked in and focused when you are playing in Vegas. Even when you are out of the hand, watching how players bet and what they have when they do will be helpful to your game over the course of your game. Also, the other reason for this tip is that you want to be aware when it is your turn. No one likes the person who always has to be reminded that play is to them. Don’t be that guy or girl.

 

Conclusion 

Yes, your first time at a poker table in Vegas might be a little nerve-wracking, but it will also be thrilling and exhilarating too. If you keep these few tips in mind, you will have a great experience and maybe even walk away with some money when it is all said and done.

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Posted by on May 18, 2012 in Blog, Essays, General Poker | 0 comments

What to Make of Playtech’s “Quantum” Table and Card Games?

 

What to Make of Playtech’s “Quantum” Table and Card Games?

Playtech is undoubtedly one of the world’s most important developers of casino games. The company is now in its 20th year and has arguably grown in importance within the industry, notably in the area of, what it terms, ‘premium branded’ online slots. It’s a big player too at the various casino conventions, where the developers are keen to show off the latest technology for now and in the future.

However, one could also argue that Playtech perhaps missed the boat on live dealer casino. It’s not that Playtech doesn’t make live casino games; it makes some of the finest classic table and card games for the live dealer format. It’s the fact that other developers stole a march on Playtech when it came to creating games that go beyond the standard casino variations. Evolution Gaming, for example, created the ground-breaking Monopoly Live, which has captured the imagination of players looking for something a little different when they visit a live casino.

Playtech launched its “Quantum” range in late 2019

But Playtech has recently made moves to muscle its way back into the live casino top tier with a clutch of new releases. Notably, it’s Playtech’s “Quantum” Blackjack and Roulette that have caught our eye. You can find it at live.casino.com/united-kingdom/, but below we will try to breakdown the main elements and explain why it’s a significant addition to the live dealer casino sphere.

Looking first at Quantum Blackjack, the game’s headline feature is that it can offer a 1000x boost to your winnings. That begins with the drawing of three auxiliary cards on the side of the screen. Each card will have a multiplier assigned to it. For instance, you might see the ace of clubs with a 5x multiplier. If the ace of clubs is drawn in your winning hand, you will win five times the normal pot. If you match other cards on the side screen, their values are multiplied. As the auxiliary cards can range from 3x to 10x, the maximum boost to a winning hand is 1000x, i.e. 10 x 10 x 10.

 

Quantum games combine live play and random number generator software

So, here’s the question: If this is a live blackjack game, how can Playtech afford to boost the winnings with such gusto? After all, we know that blackjack is a game with a very low house edge. Well, the trade-off is that the game will be declared a push if the dealer busts on three cards. This factor swings the house edge back towards the house enough to allow for the boosted winnings. It’s worth noting, however, that the multiplier game runs on RNG software.

Quantum Roulette is conceptually similar. Once bets are placed on the game, an RNG will draw up to five numbers, each with multipliers of between 50x and 500x displayed on them. If your straight up bet happens to be one of those numbers, your bet payout will be the multiplier displayed rather than the standard 35 to 1 you would find in standard roulette. Once again, the kicker is that winning straight up bets (without the Quantum boost) are paid at 29 to 1. Overall, though, if you like your James Bondesque big wins in roulette, this is the game for you.

It’s important to note that both of these games still reflect the house edge of their standard variants, so players aren’t getting a shiny bauble without any substance. The games look great, played out in an ultra-slick and modern studio. They seem like a great choice for players with low stakes and high ambitions. Now let’s hope Playtech is working on something similar for online poker fans.

 

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Posted by on Jul 4, 2010 in Blog, Essays | 1 comment

A Long Way from the Oscars, But We Already Have Favorites

 

We’re not officially into the Oscar movie season, but there’s already chatter in the ether who will win – for Best Animated Film and the brings the odds on who is the favorite but before making a wager make sure to study and read a betonline review.

It makes sense this particular race would take center stage in the summer when a majority of animated films hit the big screen to satisfy kids young and old alike.

Leading the charge is “Toy Story 4,” which has critics and its audience on its side. The fourth and likely last installment in the Pixar franchise opened to a record global weekend with $238 million and great praise from those pesky movie reviewers.

Come on guys, it’s Woody and Buzz. How could they not like it?

If nominated in January, “Toy Story 4” is likely to see tough competition from Dreamworks “How to Train Your Dragon: The Hidden World,” the possibly final look at Hiccup’s coming-of-age. In November, Disney’s “Frozen 2” also will enter the fray.

The outlier in this category is Disney’s “The Lion King,” opening mid-July, which straddles the line of live action and animation using virtual production skills to create a computer-generated movie. It definitely checks all the boxes to make it an animated film but it looks nothing like one.

There’s also the chance it won’t even be submitted as a contender in the category. According to The Hollywood Reporter, the movie isn’t being touted by the studio as “animation” and a similarly made movie, “The Jungle Book,” wasn’t submitted for consideration in the category in 2016. It did, however, win the Best Visual Effects Oscar, beating “Doctor Strange,” “Deepwater Horizon,” “Kubo and the Two Strings,” and Rogue One: A Star Wars Story.”

Other potential nominees: “Klaus” from Netflix, “A Shaun the Sheep Movie: Farmageddon” from Wallace & Gromit creators, and “The Addams Family.”

The major  Oscar categories are expected to be as competitive.

For Best Picture it’s a smorgasbord of drama including such contenders as (in no particular order):

Once Upon A Time … in Hollywood starring Leonardo DiCaprio and Brad Pitt set in LaLa Land about the time Charles Manson and his family were wreaking havoc

“A Beautiful Day in the Neighborhood” starring Tom Hanks as Mr. Rogers, everyone’s favorite guy next door.

“The Aeronauts,” from Amazon has Eddie Redmayne and Felicity Jones reteaming in a survivalist adventure story in a hot air balloon.

“The Laundromat,” a Steven Soderbergh political thriller from Netflix starring Meryl Steep and Gary Oldman about journalists linking political figures to tax-shelter bank accounts.

“The Farewell” has “Crazy Rich Asians” breakout Awkwafina gets attention in this story of a family keeping its matriarch in the dark about her cancer diagnosis.

“The Irishman” gets together director Martin Scorsese and a few of his besties (Robert De Niro, Al Pacino and Joe Pesci) in a film about a mob hitman who alleges to have killed Jimmy Hoffa.

“Fair and Balanced Roger Ailes gets big screen treatment after Showtime’s take down. This one stars John Lithgow as Ailes feeling the wrath of the women of Fox News (Margot Robbie, Nicole Kidman, Charlize Theron).

“Ad Astra” stars Brad Pitt heading to space in search of his dad who went missing looking for extra-terrestrial life.

“Little Women” brings a strong possibility director/writer Greta Gerwig will receive her second nomination as best director in this classic favorite starring Emma Watson, Saoirse Ronan, Florence Pugh, Meryl Streep and Laura Dern

The acting categories likely will see many nominees from the above-mentioned movies with several having deafening buzz:

Best Actor – Antonio Bandaras, “Pain and Glory”; Robert De Niro, “The Irishman”; Leonardo DiCaprio and/or Brad Pitt, “Once Upon A Time … in Hollywood”; Taron Edgerton, “Rocketman”; Jonathan Pryce, “The Pope”; Pitt (again), “Ad Astra” Eddie Redmayne, “The Aeronauts”

Best Actress: Amy Adams, “The Women in the Window”; Awkwafina, “The Farewell”; Cynthia Erivo, “Harriet”; Alfre Woodard, “Clemency”; Saorise Ronan, “Little Women”; Kristen Stewart, “Against All Enemies”; Natalie Portman, “Lucy in the Sky”; Julianne Moore, “Gloria Bell”; Elisabeth Moss, “Her Smell”

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Posted by on Jun 20, 2010 in Blog | 0 comments

3 REASONS TO BE EXCITED FOR NEW NFL SEASON

 

 

3 REASONS TO BE EXCITED FOR NEW NFL SEASON

Author: Ashley Munson

The NFL preseason 2019 is underway, which means that in some months the game we all love starts again. This year it will be an extra special affair given it’s the 100th campaign. On September 5th the Green Bay Packers and Chicago Bears face off at Soldier Field in a match that breaks the usual rules of season openers, the Super Bowl winners, the New England Patriots, usually raise the curtain but instead they play host to the Pittsburgh Steelers three days later.

If the opener is anything like last year’s week one match up between the same teams though, we’re in for a treat – last season the Packers were facing defeat after losing Aaron Rodgers to injury only for him to return later in the match to turn the tie on its head whilst effectively on one leg.

The Packers snatched a 24-23 victory. Whilst we wouldn’t bet our hard-earned dollars on that happening again, here are three things that you might want to consider wagering on throughout the campaign.

3 – A BET TO RUN ALL YEAR

Okay, so you could place this bet now or you could bide your time and see how things progress throughout the season. However, when April the 2020 draft will be taking place in Nevada, there are already a handful of talented youngsters vying for that number one spot. One option is Georgia Bulldog quarterback Jake Fromm.

Fromm has proven himself to be more than capable of match winning performances during his time at Georgia and was named the Southern Eastern Conference freshman of the year in 2017. The big question mark over Fromm is his impact against tougher opposition. He’ll definitely get selected in the draft and early too, but number one pick looks a stretch too far.

Another name in the frame is Chase Young; Young has earned a reputation as a solid defensive end and is being tipped to set an Ohio State record for sacks in the upcoming campaign. Unfortunately for Young the Miami Dolphins look a safe bet to have the first pick and that means they’ll go looking for a quarterback, which probably means Tua Tagovailoa will be a Dolphin for the 2020 season.

The Crimson Tide QB has already won both the Maxwell and Walter Camp awards as well as setting a new FBS passing record. He narrowly missed out on the Heisman trophy to Kyler Murray last year, but you can expect him to follow in Murray’s footsteps as the number one pick.

2 – MOST THROWING TOUCHDOWNS

We’ve already mentioned some potential stars so what about the guys who have already taken those steps? Matt Ryan is a shining example of what the 2020 draft hopefuls should want to be. He was the number three pick in 2008 and has remained loyal to the Atlanta Falcons and is now their captain.

It was only three years ago he dominated the awards including being named MVP and ranked highly amongst quarterbacks last time out. Looking to outdo Ryan will be 2012 number one pick Andrew Luck. Luck missed the 2017 campaign through injury but scooped the comeback award last year in no small part to the 4,500 yards and 39 touchdowns he threw.

The third man hoping to lead on the quarterback stats this coming year is Patrick Mahomes. Mahomes was named as starting quarterback for the Kansas City Chiefs for the 2018 season and he quickly put himself in the limelight scooping back to back player of the week awards and things didn’t slow down; Mahomes ended the season as MVP after throwing 5,000 yards and 50 touchdowns. It will take a big effort from someone to outshine Mahomes this time around too.

1 – THE SUPER BOWL WINNER

Mahomes’ throwing ability gives the Chiefs a real chance of going all the way this time round after the disappointment of losing out in the AFC Championship game last time out. Though, it’s highly likely that the reigning champions – the New England Patriots – will be hard to knock off their perch.

Everything says one of those two sides will reign supreme but there are a few teams further back in the odds who could spring a surprise – our outside tip would be the Cleveland Browns; who with the likes of Baker Mayfield and Odell Beckham in their ranks stand a chance, especially if they are fortunate to not have injuries throughout the season.

There you have it, three things – all very different – to keep your interest peaked throughout the entire campaign. Just remember, if you decide to put money on any of it, bet safe and good luck.

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