The History of Texas Holdem Poker

Texas Holdem is a variation of 7 card stud that became popular in the United States in the 1990s but had been played a decade earlier. Poker has always been popular in the United States and Texas Holdem is a poker game. It is believed that the concept of poker started in the Middle Ages although the concept of the game of chance with numbers can date back to the ancient Chinese. The game was introduced in the United States in the French quarter of New Orleans as “poque” hence the name “poker.”

When playing Texas Holdem poker, you get two cards dealt face down. These are called your pocket cards. Five other cards are dealt face down in the center of the table. The betting commences as each of the first three cards on the table are flipped over. These are called the flop cards.

Poker is always a hand of five cards, although you can be dealt five or seven cards in the game. Even though you have seven cards, you can only use five to make up your poker hand. In the game of Texas Holdem, you have to use your two pocket cards plus any of the five cards on the table, which everyone else can use as well. Each player has the same hand with the exception of their pocket cards.

There are two different types of poker. Stud poker is when the cards that are dealt is all that is dealt from the deck. Draw poker is when you can take additional cards from the dealer when you relinquish other cards from your hand. With draw poker, you stand a better chance of getting a higher hand than with stud poker. Texas Holdem is a stud poker game.

The fourth card turned up is the turn and the fifth is the river. A conservative poker player will go out after the flop if he or she does not have a good hand. A good hand in Texas Holdem or any other poker game is a pair of Jacks or better. However, many players will stay in the game even if they do not have a good hand if they feel that they can bluff their way through. If you are playing in a tournament for real money, you might be tempted to go out if you are unsure of your hand. A good winning hand in Texas Holdem poker is three of a kind or better.

Poker has been played throughout the ages in one form or another. Texas Holdem is just a variation of this timeless game can easily be dated back to the 13th century. There are thousands of variations of poker that are played throughout the world. Once you understand the concept of the poker game, it is very easy to pick up each different game.

The Growth of Regressive Taxes

There is no national sales tax. Yet most of us pay quite a bit on sales taxes every day. This regressive tax is among the top two revenue sources for most states. Excise taxes are also large income sources. Since both kinds of tax are based on consumption, their impact is relatively more severe on the poor and middle class.

In Texas, nearly 80% of the state’s tax revenue is generated through sales and excise taxes. That’s over $20 billion! Yet state government’s fastest growing source of revenue is its most insidious- casino gambling and lotteries. Only 15 years ago, New Jersey and Nevada were the only states allowing legalized gambling. There are now 49 states where some form of gaming is legal and, every year, state legislatures approve new forms.

Texas does not yet have casinos. Yet its lottery today ranks with the franchise tax as the state’s fourth largest source of revenue. In 2003, lottery proceeds accounted for $1.4 billion. The Texas legislature has entertained bills to legalize casinos in the state. Were casinos to open here, revenue proceeds from gambling would expand dramatically.

In Connecticut, gambling revenue just surpassed the corporate income tax as the state’s third largest source of revenue. The regressive payroll tax is assuming a greater share of federal receipts. Workers fund social security benefits with payroll withholding on their first $87,900. With the rather significant decrease in income tax rates since 2001, the importance of payroll taxes has increased dramatically. Since 2000, payroll taxes have gone from 32.2% to 40.0 % of federal revenue.

The Best Places To Play Texas Holdem Poker Online

This article will reveal all of the best places to play Texas Holdem Poker online. The easy cash sites, most popular and more. Read this article now.

Texas Holdem, a community card game, has become the most popular of all the poker games, both in casinos and online. You can make money by playing online Texas Holdem, and there are several players who make their living at it.

It’s not a gambling game. In games such as Black Jack or roulette you play against the casino while in Texas Holdem you play against other players.

You need to know some basic rules of the game before you begin to play. Here is the list of ten most popular online poker sites. These sites offer you to play the game against any player around the world.

The Best Places To Play Texas Holdem Poker Online

888poker – This site was previously known as Pacific Poker and perhaps the first poker site in the industry. The players who play loose games and want quick promotions find this site the best. It also runs many tournaments.

William Hill Poker – It is one of the most popular poker sites. It offers a surprising $16 million guaranteed monthly prize money on the site. Its software is of excellent quality.

Winner.com – This site offers good promotions and much clearer graphics. Winner.com rewards its players regularly. You can play Texas Holdem, Omaha, Sven Card Stud, and Five card Stud anytime. This site offers 24/7 service

Poker770 – This is the most popular site among French players. It offers the game in different European languages. It is always flooded with loose players, resulting in huge money-making opportunities for professional players.

Bwin Poker – Bwin offers very good volume of games. Many poker players rate it the top poker site. It keeps upgrading its software and keeps on adding new features.

PKR – PKR is one among the new entrants in the poker world. It offers unmatched 3D graphics and wide range of games. This is what makes playing at PKR feel like playing in the real casino.

Party Poker – Party poker offers a variety of games. It was once the most popular poker site, and even today it has maintained a strong player base. Its software and servers are very functional.

Titan Poker – It is among the top poker rooms available on online poker network. It attracts the highest amount of traffic.

Betfair Poker – It is undoubtedly among Europe’s most popular poker sites. It offers great software and excellent features.

Everest Poker – Everest’s software platform has received high amount of applause from poker players. The players on Everest Poker are loose and expert players can easily crush their opposition and make money.

These are all The Best Places To Play Texas Holdem Poker Online. Review this article again and choose 2 or 3 of The Best Places To Play Texas Holdem Poker Online and you will be able to succeed very easily.

Texas Hold’em – J10 – The Cloutier

Everyone knows the feeling of getting AA – whether it’s online or live there’s that little rush of excitement, and a bit of “here we go”. But there are times when I’d rather look down to find J10, and if it’s suited, even better!

If you’re playing deep stacked tournament poker, jack-ten suited can be one of the most overlooked hands in your arsenal. Short stacked it’s next to worthless, as you won’t hit often enough to safely play it, but when you and the majority of your opponents are sitting on a sizeable number of big blinds, it becomes a very playable hand.

Many players put J10s in the same bracket as a lot of other suited connectors or one-gappers, but it beats all of them for a variety of reasons.

  1. All straights made using both cards are the nut straight – so if you flop a straight it’s the nuts barring flushes. The same is not true of lower connectors like 67s, where you can flop the bottom end of a straight. Whilst it is true of all higher connectors and gappers like JQ KQ and KJ, those hands don’t make as many straights as J10.
  2. It’s easy to get away from – you either hit a big draw or hand, or you don’t and get away form the hand. Hands like KQ and KJ it’s too easy to get pulled into a pot with top pair and lose a lot of chips. Basically you’re winning big pots or losing small ones – always good!
  3. When you hit, there’s usually action. With 67, you can flop a great looking 458, but against opponents with two high cards, you’re not going to get paid. Flop AKQ holding J10 though, and there’s a very high chance your opponents have hit as well.

This links nicely into the last important thing to remember about J10: It is a marginal hand, and should be played as such. Using it to make moves with isn’t a great idea, as you lose some of the value of a cheap flop. What you want is a cheap multi-way pot, the same as with other speculative hands. The more players are in the pot the better, for two reasons, firstly you’ll be getting better value to call in the first place, but most importantly there’s more people too pay you off.

You don’t just need to hit a hand to win a nice pot; you also need someone else to hit a slightly weaker, but still playable one. And there’s simply more chance of that with more people in the pot. And of course if you have a straight you know it’s the nuts, so you get your money in knowing for certain if you’re ahead.

So, deep-stacked, against deep-stacked opponents, favourable position, with a few players in the pot… J10 is well worth a look!

Winning at Texas Hold'em – Is Knowing the Odds of Any Value?

You've read the books and articles where the poker writers state the odds of making certain hands. For example: making an open end (outside) straight draw is 5 to 1, a flush draw is 4.2 to 1, and a gutshot (inside) straight draw is 11 to 1. Playing Texas Hold'em there are many variations in the odds to be learned such as what's the difference in the odds if the next card is the turn (4th card) or the river (5th card)?

But let's look at the logic and math behind these calculations to determine if they are of any value to us as poker players. How are the odds of 5 to 1 calculated for an open end straight draw? To successfully complete the straight we need one of eight cards, four on either end of our four-card straight. How many cards remain unseen? We started with 52, 8 of them are useful to us and we see four of them in our partially completed straight. So, the experts say 52 minus 8 minus 4 leaves us with 40 unseen cards, which are of no value to us. Therefore 40 failures to 8 successes works out to 5 to 1 odds. And I say GARBAGE. Your actual odds could be much higher or much lower.

Let's say you're playing in a ring game with ten at the table. That means that twenty cards have been dealt plus three for the flop and one has been "burned" by the dealer. If all of the eight cards you need to complete a straight have already been dealt to other players, your chances of making your straight are ZERO, and your odds according to mathematicians are infinite. On the other hand, what happens if all of your eight cards remain in the pack the dealer is holding? The dealer holds 52 less 20 dealt to the players less 3 for the flop less 1 burned or 28 cards. So now calculate your odds: 20 cards that won't help and 8 cards that will, which works out to 2.5 to 1. Quite a difference!

Instead of flatly assuming that our odds of completing an outside straight are 5 to 1, we gamblers should think that our odds are between 2.5 to 1 and infinity, or just plain unknown. So in my opinion it's of little use to spend a lot of time learning the odds of making straights, flushes, sets, or quads.

So what's a poker player to do, aside from praying for a lot of luck? One answer is to realize that making some hands will be more difficult than others. Obviously it's harder to make a gutshot straight than an open ended straight. If we're going out on a limb to make a long-odds hand, we better be well rewarded if we make it. If there's not a lot of money in the pot, think twice about paying to draw to an inside straight.

Notice this analysis changes with head to head competition since fewer cards will be dealt to other players.