Heads or tails coin toss, what are the odds?

Well I managed to flip heads for 7 consecutive times and the odds of this are slim but not impossible. Some people will use these stats to make poor gambling decisions. Many will take a break even zero house edge game like heads or tails and turn it into something with a built in house edge that goes against them. This only proves that most people just can’t think or think for...

Poker bankroll management

Many poker players have poor bankroll management and 99% of poker players have never heard the word before either.  Poker truly is a game of skill and one thing all good poker players should be doing is not playing outside of their bankroll means. To do such a thing can lead to a player tilting or if an unlucky set of cards comes up it could bust a player. This has happened to many professional...

Cause and effect of wsop

The 2010 World Series of Poker has concluded with Canadian Jonathan Duhamel winning nearly $9 million for finishing first. Of course this professional poker player decided to start playing because he watched other professional poker players on TV play at the WSOP. Probably the most popular player that deserves the credit for poker being as big as it is today is Chris Moneymaker. Poker has since...

the check raise

Playing poker one of the toughest moves to bluff or even to use to extract EV from a player is the check raise. This play is probably abused too much and it’s a dangerous one for too many reasons. If you want to get more money in the pot then check raise is dangerous because if you check, your opponent could check and miss out on an opportunity to bet for value. What if you check, your...

How can I win the lottery

Is it really possible to win the lottery and are there any strategies involved? The answer is complicated to say the least. What you can do is join a lottery or gambling syndicate which you organize a team of players to pool in money and buy multiple lottery tickets. That way if someone else in the group wins then you all win. You might earn less per person but as a group you all win. So lottery...