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Poker Rakeback | Stop Giving Your Money Away To The Poker Room

November 20th, 2008 at 02:19am Under Sports

Winning with RakeBack While keeping your Bankroll Even

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Rakeback offers provide online poker players the opportunity to receive a percentage of the rake they contribute to each pot back at the end of every month. These rakeback offers vary by online poker room, but they all have one thing in common. You don’t have win in order to make money while playing your online poker rake back account.

Yes, this is the truth. Online poker players are playing every day with the objective of winning money at online poker tournaments and ring games without understanding the fact that by just playing you are generating money for yourself via the rakeback offer you have signed up for.

Rakeback is as simple as this: Your Rake Back = Monthly Gross Revenue X Rakeback %

Now we need a couple definitions.

1. What is rake and how is rake calculated:

The rake is the fee that every online poker player pays to the “house” or in this case the online poker room for playing in a hand at their online poker room. This fee is different from poker room to poker room. The rake is calculated in one of two ways, the dealt method and the contributed method. The dealt method is calculated by totaling up all of the rake in a hand and then dividing that amount between all players who were dealt cards in the hand. The contributed method is calculated based on the total amount each player pays into the pot. The dealt method gives an edge to those players who play fixed limit games. While the contributed method can add up to greater rake for No Limit poker players and thus earning greater rakeback.

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2. What is Monthly Gross Revenue (MGR)

Monthly Gross Revenue is the total amount of rake you generate while playing at the online poker room. This amount includes all rake contributed while playing ring games as well as tournament entry fees. Some online poker rooms do not pay rakeback on tournament entry fees so you should check with the poker room before signing up. So now that we have these rakeback definitions down, we can calculate how much theoretical rakeback you can earn in a month. A player who generates $1000 in MGR over the month and is signed up to a 40% rakeback deal now will receive $400 in rakeback at the end of the month.

$1000 X 40% = $400 to your pocket.

Now this $400 is going to be paid to you wether or not you win $5,000 or lose $100 playing online poker. The rakeback is always going to be there and is only dependant upon how much you play, not how much you win. Now let’s take a look at yet an other example of how rakeback can make you a profitable online poker player.

Like all poker players you are going to go through hard times and find it difficult to even just break even. In our above example, you don’t even have to break even at the table in order to still earn a profit. As long as you generate the $1,000 in monthly gross revenue, you now have a $400 cushion to work with. So even if you happen to end the month down $200, you are still going to end the month up $200 after you receive your rakeback payment.

As you can now see, if you didn’t before, the importance of playing online poker with a rakeback deal in place for yourself. You can find many rakeback offers at Treasure Hunter Poker by visiting any of our rakeback pages.

Don’t throw your money into the muck with your cards any more. Start making money while your are making money at the online poker table today.

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By joanne Add comment

The Internets Best | Poker School

November 18th, 2008 at 01:58pm Under Sports

Poker News November 15th, 2008

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Winner of 623.000 Euro at Grand Final of Master Classics of Poker

Jan Sorensen Wins Grand Final at Master Classics of Poker

Jan Sorensen won the grand final of the main event at the Master Classics of Poker in Holland Casino Amsterdam. He won 623.000 euro. In the exciting final Gustav Ekerot came in second. The Master Classics of Poker is one of the biggest and best-known international poker tournaments in Europe.

This year poker players from a.o. America, Canada, Russia, Germany, Austria, Switzerland, France, Italy, Spain, Slovakia, England, Ireland, Norway, Denmark, Sweden, Netherlands, Belgium, etc. attended the Master Classics of Poker.
About Master Classics of Poker
The main tournament in the Holland Casino Master Classics of Poker is the Lido Poker Tournament. This tournament takes place from Tuesday 11th to Friday 14th November inclusive and has a buy-in of 6,000 Euros plus 200 Euros entry fee. The Master Classics of Poker comprises seven different tournaments where the types of poker played are Texas Hold’em and Omaha. The buy-in plus entry fee for each tournament varies between 330 and 6,200 Euros. The level of the prize pot for these tournaments is, of course, dependent on the number of participants. Each day the tournaments start at 2 pm except for the Lido Tournament that starts at 3 pm. More information on the MCOP and the full tournament schedule is available at www.masterclassicsofpoker.com.

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‘Poker Wizards’ Reap More than $4,000,000 in Tournament Earnings in 08

‘Poker Wizards’ book contributors: Chris Ferguson, Daniel Negreanu, T.J. Cloutier, Kathy Liebert, Marcel Luske, Dan Harrington and Mike Sexton unable able to defeat the overwhelming odds in 2008 to make the recently televised WSOP final table, but as a group, they have been paid in excess of $4,000,000 for tournament winnings in 2008 even without cracking the Main Event.

In one of the years best new books, ‘Poker Wizards’, the best known names in poker explain how they make large sums of money year after year. An exclusive compilation of strategies, insights and winning tactics from some of the worlds best poker players combined in one book. Well known No-limit Hold’em champions Daniel Negreanu, Chris Ferguson, Dan Harrington, T.J Cloutier, Marcel Luske, Mel Judah, Mike Sexton and Kathy Liebert, reveal the tactics and attitudes that have enabled them to make millions of dollars playing poker. The book also contains a bonus chapter on body language by world renowned body language expert Marc Salem.

Poke Wizards author available for media interviews.

Author Warwick Dunnett
Cardoza Publishing
Distributed by Simon & Schuster and available at:
www.pokerwizards.net

Century Casinos Announces Polish Open 2008 Poker Tournament

Century Casinos, Inc. announced today that its subsidiary Casinos Poland Ltd. will present the grand Polish Open 2008, a four-day Texas Hold’em No Limit tournament, hosted as part of the fifth EPT European Poker Tour Season at its casino in the Hyatt Hotel in Warsaw from November 15 to November 19, 2008.

The tournament will be capped at 400 players who will play for a total prize pool of up to PLN 8,000,000 or approx. $2,700,000. The buy-in for the tournament amounts to PLN 21,000 or approx. $7,000. According to the official website of the EPT a lot of stars are heading to Warsaw for the next stop on the Pokerstars.com European Poker Tour. Among the top players set to compete at the four-day event are Team PokerStars Pros Gavin Griffin, the EPT Grand Final winner in Season 4, EPT Player of the Year Luca Pagano, PCA Champion Bertrand “ElkY” Grospellier, William Thorson, Season 3 Warsaw finalist Katja Thater, EPT London finalist Marcin Horecki, Dario Minieri, Alex Kravchenko and Isabelle Mercier.

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By joanne Add comment

New York Red Bull Tickets That You Can’t Miss

November 18th, 2008 at 07:44am Under Sports

New York City Sports News November 12th, 2008

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Giants, Jets, and Even Knicks Make for Best NYC Sports Day Since the Super Bowl

The last time New York City sports fans enjoyed as much good fortune as they did yesterday was February 3, 2008, when a man named David Tyree — who, with his season-ending injury, it seems clear you’ll need not think about again — caught the most ridiculous of all touchdown passes en route to an amazing Giants Super Bowl victory over the undefeated Patriots. That was a pretty great day. Yesterday came close.

Here’s how it went down. First, the Jets played their most complete game of the season — and probably their most complete in several years — with a thorough 47-3 shellacking of the St. Louis Rams. The game wasn’t even as close as the final score indicated; the Jets ran out to a 40-0 halftime lead in what became the biggest victory margin in franchise history. As has been the case lately, Brett Favre wasn’t the reason for the win; even if he’d tossed up five of his signature oh-what-the-hell-let’s-just-try-this heaves, the Rams still wouldn’t have had a shot. This game sets up a rollicking Thursday-night first-place matchup with the hated Patriots.

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Queens to host wheelchair hoops tourney

Top wheelchair basketball teams from around the country and even the world will come to the Bronx to compete in the Mayor’s Cup Wheelchair Basketball Tournament.

The tournament, which is being presented by Forest City Ratner, will take place at Manhattan College and Horace Mann High School in the Bronx with festivities and games taking place on Friday, October 10 through the championship games on Sunday, October 12. Free to the public, the event is a presentation of the National Wheelchair Basketball Association.

“It is one of the best wheelchair basketball tournaments on the East Coast,” said Middle Village resident John Hamre, 40, who has been coaching the New York Nets team for the past 10 years.

This year, the Mayor’s Cup Tournament has 10 Division III teams participating, including Hamre’s New York Nets. Hamre said that most of his players reside in the New York City area with many of them living in Queens, the Bronx and Long Island.

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New York mayor honors returning Olympians

Mayor Michael R. Bloomberg and New York City Sports Commissioner Kenneth J. Podziba on Monday welcomed home the city’s returning Olympians and presented each of them with a crystal apple at a ceremony in City Hall Park.

The U.S. Olympic team included 10 athletes from New York City, nine of whom attended the ceremony, including silver medal-winning fencers Erinn Smart (women’s foil team) and Wang Chen (table tennis), according to a report available on www.nyc.gov.

The mayor also presented crystal apples to fencing team captain and coaches and boxing coaches.

“No city in the world epitomizes the spirit and diversity of the Olympic Games like New York does, and the athletes from the five boroughs (of the city) who competed in Beijing are consummate New Yorkers,” Mayor Bloomberg was cited as saying.

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Start Earning Money Today With These Learn Poker

November 17th, 2008 at 07:57pm Under Sports

Poker News November 11th, 2008

November 11, 2008

World Series of Poker has youngest champ ever

A 22-year-old Danish poker professional won the World Series of Poker early Tuesday, turning a wheel straight on the last hand to become the youngest champion in the history of the no-limit Texas Hold ‘em main event.

Peter Eastgate hit an ace-to-five straight on the turn and instantly called an all-in bet from Ivan Demidov on the river to win the title and $9,152,416. Demidov held two pair, twos and fours.

The previous youngest champion was 11-time gold bracelet winner Phil Hellmuth, who was 24 when he won the tournament in 1989.

“It feels good to beat Phil’s record,” Eastgate said after taking pictures with stacks of $100 bills and his new gold bracelet. “I was not focused on the record that I could break, I was just focused on the game.”

Eastgate said he got a call from Hellmuth wishing him luck before the more than three-hour session.

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Perth player misses making poker final

The final of the World Series of Poker, with its $9.15-million U.S. first prize, will be televised tonight with Scott Montgomery no more than a spectator.

The 27-year-old professional player from Perth reached what organizers labeled the “November Nine” in Las Vegas, but he bowed out Sunday night and missed last night’s final, which was taped for broadcast tonight (TSN, 10 p.m.).

“I certainly wanted to finish better than fifth,” Montgomery told reporters later.

This year has been referred to as his “breakout year” as a poker player, with more than $1.3 million in tournament earnings heading into the World Series, and he more than doubled that with his $3.1-million prize for placing fifth.

Montgomery started playing poker about four years ago, while teaching English in Japan, using his down time to play and study the game.

His great 2008 run began in February at the World Poker Tour’s Los Angeles Poker Classic $990,000 No-Limit Hold ‘em championship. He made it to the final table, which included eventual winner Phil Ivey, and won $296,000 for finishing fifth.

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You gotta know when to Texas hold’em at UMSL

Are you good at card games?

If you are (or even if you are not), the University of Missouri-St. Louis holds annual poker games and this year was the “Texas Hold ‘em Tournament!”

The tournament is usually played with a 52-card deck, and needs at least two players with no more than 11 players.

The Texas Hold ‘em Tournament was held on South Campus in the Provincial Hall from 7 -11 p.m. on Thursday night and officially started at 7:15 p.m.

The event drew in 46 players.

Charlotte Caeys, graduate student, business administration, came here from France and said she learned to play poker here, and has loved it from the first time she played. “I found out [how to play poker] on the Internet,” Caeys said.

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Do You Still Recall When Kids Used To Wear Mlb Uniforms And Played Real Games

November 16th, 2008 at 07:13am Under Sports

My word, times have certainly changed. I used to remember a time before video and computer games. It was a time when kids saw sunshine as a positive sign. Mother Nature’s signal to get out of the house and play while showering their bodies with some natural vitamin D. Children at that time would mimic their sports idols by wearing their favorite MLB uniforms and throw some ball in the back yard, at a nearby park or even in the streets in front of their homes. Of course the traffic was not as heavy at that time and vehicles reaching 180 miles per hour were most likely not even in existence yet.

A large number of kids today spend way too much time in front of the TV or the computer. To such an extent that bats seem to spend more time in the sun than they do. This would explain why the number of obese children keep increasing every year. Computer games are enjoyable, without a doubt but even the most physically demanding of computer games are not able to match the dynamism of human interaction during a simple game of basketball.

It is nearly impossible to explain the the feelings a player goes through the first time he hits a home run or shoots a 3 pointer. I recall going to an outdoor charity hockey game a long time back when I was just a small child all decked in one of my NHL hockey jerseys. Immediately after the game, members of the crowd were invited to try to score form penalties after making a small donation first. I managed to score and it was like I had just won the Stanley Cup. I can still remember that moment clearly like it was just yesterday.

One of the reasons I love about playing actual games is because you can actually use your MLB fitted caps to conjure signals to your teammates during a game of baseball. One cannot pull that off sitting on a chair hitting keys on a keyboard. At least that is what I understand. To me video games might sometimes cause more frustration that fun because not a single person likes getting beaten by a box with a couple of microchips inside. Therein dwells the secret to its addictiveness.

Taking part in sports teaches a person about the benefits of. It also teaches us that there could be occasions where we may lose a game or two but it does not mean that its the end of the world. Group games also introduces kids to team strategy and the benefits of positive thinking. These are all traits that can be practiced in real everyday life. After all, its not whether you win or lose, or how much NFL merchandise or MLB uniforms you posses in your popular sports memorabilia collection, or even how much NHL trivia you know, but more importantly its how you play the game.

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