Poker Strategies
After receiving pocket cards, you are immediately faced with a choice: play your cards and either raise or call the blinds, or fold.
Practice Matters
An example: Four Stud players
An example: Four Stud players play an entire hand to the showdown, the pot totals $20, and the house takes a 5% cut, or $1, out of the pot. The winner of the pot has paid a cut not only on his winnings but also on the $5 he put into the pot. The house is really taking a cut of 6%% on that player's $15 winnings.
Or suppose two players play a hand to the showdown.
Or suppose two players play a hand to the showdown. The pot totals $20. The 5% cut gets the operator $1, as in the four-handed game, but from the winning player's standpoint this is 10% of the $10 he won. I recently clocked twenty different Stud games for a period of two months. The maximum betting limits ranged from a low $2 to a high of $600. When I averaged my figures I found that: 1. It takes about 1 1/2 minutes to play an average hand. 2. In a fast Stud game approximately forty hands are dealt per hour. 3. The average pot in an eight-handed $4-limit game contains about $30 on the showdown. Now let's see how strong the 5% cut can be in this average game. Forty $30 pots per hour means that the operator's 5% cut gets him $60 per hour. In a session lasting six hours the operator takes a total of $360.