Earn GBP30,000 Per Month Playing Online Poker

82 pages

English

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Earn GBP30,000 Per Month Playing Online Poker , livre ebook

Ecw Press - Ryan Wiseman

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82 pages

English

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The only poker book that caters specifically to online sit-n-go (SNG) single-table low-limit Texas Hold 'Em tournaments. More importantly, it is the only poker manual that guides the reader on a progressive path upward through the various limits, with only the information necessary to win with any bankroll or skill level to beat that specific low limit. Presented in a series of steps, guidelines are provided to help tell the reader when to move up to a higher level.

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Publié par	Ecw Press
Date de parution	16 novembre 2010
Nombre de lectures	5
EAN13	9781554903009
Langue	English
Poids de l'ouvrage	4 Mo

Informations légales : prix de location à la page 0,0400€. Cette information est donnée uniquement à titre indicatif conformément à la législation en vigueur.

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HOW TO EARN $30,000A MONTH PLAYINGONLINE POKER

OR, THE DEFINITIVE GUIDE TO NO-LIMIT SINGLE TABLE TOURNAMENTS ONLINE

RYAN WISEMAN

Published byECW PRESS 2120 Queen Street East, Suite 200, Toronto, Ontario, CanadaM4E1E2

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form by any process — electronic, mechanical, photocopying, recording, or otherwise — without the prior written permission of the copyright owners andECW PRESS.

LIBRARY AND ARCHIVES CANADA CATALOGUING IN PUBLICATION

Wiseman, Ryan Earn $30,000 per month playing online poker : a step-by-step guide to single table tournaments / Ryan Wiseman.

ISBN978-1-55022-788-8

1. Poker. 2. Internet gambling. 3. Gambling systems.I. Title.II. Title: Earn thirty thousand dollars per month playing online poker.

GV1251.W795.41258 2007 C2007-903486-1

Cover and text design: Tania Craan Typesetting: Gail Nina Production: Rachel Brooks Printed by Thomson-Shore

DISTRIBUTION CANADA: Jaguar Book Group, 100 Armstrong Avenue, Georgetown,ON, L7G5S4 UNITED STATES: Independent Publishers Group, 814 North Franklin Street, Chicago,IL60610

PRINTED AND BOUND IN THE UNITED STATES

TABLE OF CONTENTS

INTRODUCTION

PART ONE An Overview

How to Use this Book A Beginner’s Guipe to Online Poker Oening an Online Poker Account Configuring PartyPoker’s Software for Tournaments PartyPoker’s SNG Tournament Structure The Tools of the Trape What Is a Bankroll, anp How Do I Manage It? Why Play Tournaments (SNGs) Insteap of Ring Games? I Got Riverep! The Likelihoop of Losing with the Be st Hanp Playing Multile Tables The Best Times to Play

Pot Opps versus Imliep Opps All-In Hanp Opps

PART TWO The Journey

Ste 1: The $11 (10+1) NL-SNG Tournament Ste 2: The $22 (20+2) NL-SNG Tournament Ste 3: The $33 (30+3) NL-SNG Tournament Ste 4: The $55 (50+5) NL-SNG Tournament Ste 5: The $109 (100+9) NL-SNG Tournament Ste 6: The $215 (200+15) NL-SNG Tournament Ste 7: The $530 (500+30) NL-SNG Tournament Conclusion

Review Sheet Hanp Rankings

Poker Stars Full Tilt

PART THREE Review Sheets & Hanp Rankings

PART FOUR Conversion Charts for Other Poker Sites

GLOSSARY

INTRODUCTION

Much like a pilot need not know the pure physics be hind a flight, a skilled poker player need not know the pure mathematics behind wi nning poker play. Too often poker books have taken a purely theoretical approac h to poker instruction. They present the reader with a flood of mathematical pro ofs, complex scenarios, and tiresome examples — all of which overwhelm the begi nner. Indeed,wewere once overwhelmed by these books, confused over how anyon e could absorb the knowledge therein without a PhD in statistical analysis. How could one person possibly retain, then efficiently apply, all of the information in these books without months of study? Where was the step-by-step approac h to defeating online poker? We began playing online poker in 2003. We were full -time university students and part-time fish. There is no denying the fact th at we were all losing players back then. We went online to gamble, and it showed. It was only a matter of time before one of us stood up and said, “I don’t want to lose anymore. So he read a few books, found them confusing, but studied hard. By 2 004, he was no longer a losing player. In fact, he was a consistent winner. That y ear he forfeited summer employment to play poker full time, and by the start of the next academic year he was earning significantly more than the rest of us. What was our response? Teach us! Over the next few months, we observed our friend co nstantly. The learning process quickly became addictive as each day took u s closer to financial freedom. Our friend had read seven poker books that summer. Over 2,500 pages of tedious, technical reading. He said that, for every 50 pages he’d read, only one had contributed to his success. He had photocopied the key pages and kept them in a stapled pile next to his computer — 2,500 pages con densed to a 50-page reference package. By the end of 2004, we were all winning players. All of us contributed to each other’s success, feeding off the combined body of e xperiential knowledge we had collectively acquired. We played at over 30 differe nt online poker sites, at every limit available (at the time). Eventually, however,we all settled on one type of game: the no-limit Texas Hold’em sit-’n’-go (single table) tournament. Initially, we chose to specialize in the no-limit s it-’n’-go (or NL-SNG) tournaments because it helped to structure our playing time. As students, we needed to be able to walk away from poker at specific times. SNGs hav e very predictable durations (40–60 minutes), so we could effectively set aside blocks of time to play. However, it quickly became apparent that they offered furthe r advantages. Unlike other games, SNGs had very predictable win/loss rates, co uld be defeated systematically, and offered an innate system of pro gression. That is, the various buy-in amounts can be viewed as a ladder that helps us to gauge our success. Just six months into 2005, we had each earned in ex cess of $100,000 U.S., and only one of us actually understood the math behind our winning play. The rest of us? Well, we were more than content in our ignoranc e. Invariably, other friends became curious about our success. They wanted to know how they could replicate our earnings. While the method we were using was extremely straightforward, we simply did not have the time to teach each person individually. They asked if there was a specific bo ok they should read. The answer was always no, though we wished there was! Eventually, one of us wrote a brief paper explaining how to defeat the low-limit SNGs a t PartyPoker. It provided the reader withonly the information required to beat that specific low-limit. We gave it to

someone every time they asked for poker lessons, an d everyone seemed to succeed. It was then that we had our epiphany: we c ould write a step-by-step guide to defeating SNGs. A book that provides the reader with information on a need-to-know basis. A book that can show a beginner how to turn a very small initial investment into hundreds of thousands of dollars. A book based on experience. This is the result of that epiphany. What we have created is unique. It is the only poke r book available that caters specifically to online SNG tournaments. More importantly, it’s the only poker book that guides the reader on a progressive path upward through the various limits. We don’t waste time with information irrelevant to you r current limit. We provide you with only the information necessary to win with you r current bankroll and/or skill level. Presented in a series of steps, our book outlines your goals, providing guidelines that help you to tell when you are ready to move on. This is the book we wished we had when we were beginning. That being sa id, it’s also the book we wished we had when we were succeeding! It began as a guide to help friends. Now it’s a guide to help the masses. While this book begins with the assumption that the reader has no knowledge of SNG tournaments, we do expect the reader to have a basic understanding of both poker and, specifically, Texas Hold’em. The followi ng concepts should be understood before you begin.

• You should understand poker hand rankings (royal flush, straight flush, flush, etc.). • You should understand how Texas Hold’em is played (general rules, how it’s dealt).

We decided to omit this information from the book s ince most readers will likely already have it engrained. Additionally, the inform ation is available so readily elsewhere that it seemed excessive to include it in this book. However, should you be unfamiliar with these general concepts, or wish to refresh your memory, please visit the following websites. • General poker review:http://www.partypoker.com/how_to_play/. • Hand rankings:http://www.partypoker.com/how_to_play/poker_school/ basic_poker_rules/rank_of_hands.html • Texas Hold’em overview:http://www.partypoker.com/how_to_play/ poker_school/poker_games/texas_holdem.html. • Texas Hold’em downloadable guide: http://www.partypoker.com/images/docs/holdem.pdf.

These websites will provide you with an overview of most basic poker concepts, including information related to PartyPoker’s softw are (the software we’ll be using). Additionally, should you encounter any confusion re lated to terminology used in this book, please refer to the glossary.

PART ONE An Overview

How to Use This Book

While we recommend that anyone unfamiliar with onli ne poker, and specifically SNG tournaments, read this book in its entirety, we haven’t designed it to be tedious and redundant for the more experienced play er. Ultimately, this book should be used as a dependable resource and source of reference. We encourage you to mark memorable pages and skim over passages dealing with familiar concepts.

A Beginner’s Guide to Online Poker

It’s estimated that the online poker industry curre ntly generates gross revenues in excess of $2 billion per year. Gone are the days wh en shady Internet sites lured the occasional customer into their midst only to exploi t them through complex cash-out procedures, flawed software, and untouchable custom er support. Modern online poker sites can more appropriately be viewed as corporations (many are corporately owned) that are held accountable for th eir actions and that recognize their success depends on their customers’ enjoyment .

Many people new to online poker wonder how these si tes can generate such incredible amounts of revenue. The roots of their p rofits are the same as land-based poker rooms:rake. Poker sites scoop a predetermined percentage (the rake) from every pot above a certain amount. These amounts vary per game and per limit. Since the focus of our book is on tournaments, it’s important to understand how the house (poker site) makes money from tournam ents.

For every tournament played, a fee is charged by th e poker site. For example, if you enter an $11 tournament with 10 players, the to tal amount everyone puts in is $110. However, the prize pool is only $100. You are actually entering a $10 tournament and providing the house with a dollar to let you play. This is an unavoidable side effect of playing pokeranywhere. Everyone has to pay it, and it will not impede your success. Tournament fees will be covered in greater detail later in this book. The poker site we’ll be studying throughout this bo ok is PartyPoker. It’s the largest online poker site, regularly hosting 85,000 players at a time. This number guarantees there will be action at any limit at which you desire to play. PartyPoker also hosts the greatest number of SNG tournaments. Since SNGs are the topic of this book, we believe it’s important to learn how to beat the tournaments where most people are playing. Not only are the games eas ier (since with an increased number of players comes an increased number ofbadplayers), but they also have a tournament format that is relatively similar to m any of the other online poker sites. Feel free to experiment with other poker sites, tak ing what you have learned here and applying it elsewhere. We have included simple conversion tables at the end of the book (Part 4) that allow you to easily apply th e method described here to other popular poker sites. It’s our belief and experience , however, that PartyPoker offers the most lucrative games on the Internet. In addition to the quality of the games, PartyPoker supports a variety of cash-out methods and offers 100% secure and guaranteed trans actions. You can remain confident that your money is secure within your acc ount.