Online Casino Blackjack Risk Examined
As with any casino game of chance, there is always risk. In casino blackjack, there are several types of risk. Understanding each type of risk will assist you in playing optimally without having to memorize charts or count cards.
Risk of Busting When Taking a Hit
The first type of risk in blackjack online is the risk of busting while taking an additional card. We know that if we hold cards totaling less than twelve, we have zero “bust risk” when drawing another card. However, when we have twelve or higher; the next card could very well cause us to bust – or get an additional card that adds up to a number greater than twenty-one.
Risk of the Dealer Having a Hand Greater Than Our Hand
The second risk is that the dealer has, or will draw to an amount greater than our own hand. Unlike the player, the dealer is bound to a set of rules – whereas they must automatically hit until they hold a hand valued seventeen or higher. As a result, if the dealer holds sixteen, they must take a card. On the other hand, should the player hold sixteen, we may choose to stand. When we choose to stand, regardless of our card total – we risk the dealer either outranking us presently, or that the dealer may draw cards by taking hits which amounts to a greater hand.
Risk of Missing Opportunity
The final risk in online casino blackjack is one of lost opportunity. If the optimal strategy suggests we double down every time we have eleven and we fail to do so; we have lost opportunity. The lost opportunity risk does not show up in terms of real dollars and cents, however, this is money where we were statistically likely to win had we acted optimally.
Is it Possible to Reduce Risk?
While it is not possible to eliminate risk completely, it is possible to adjust your black jack strategy to readjust risk. For example, a conservative blackjack player could decide to eliminate the risk of busting from his game. We could decide we will never take a hit that could result in a bust – which means never hitting when holding anything greater than eleven.
The problem, however, is that while the risk of bust is eliminated, the risk of being outdrawn by the blackjack dealer is increased slightly. On the other hand, there are times where we take a hit, which results in a bust – yet the dealer goes bust as well. We still lose in these situations when we go broke. Therefore, while the risk of bust is eliminated for us, the burden of not busting rests solely on the dealer’s shoulders. The result should be that a conservative blackjack player can reduce risk slightly by refusing to hit over twelve, though risk of missed opportunity and the risk of the dealer outdrawing you will slightly increase.
Playing with Real Money as Opposed to playing for fake money
For those of you that have played in an online casino know there is a big difference exactly where it counts when it comes to playing with fake money over playing with the real thing. When you play with fake money, it actually takes out some of the thrill of gambling because you know you are not going to be hitting the jack pot and have money to do extra shopping with or whatever you would have in mind. One thing that is a great relief for most players though, is if you are having a lucky streak with fake money, it’ll be the same way even with real money. All of the big name software’s play the same in fake money mode as it does in real money mode.
Though there are some differences that can put you down a little when it comes to playing a gambling game. As most know with fake money you are not gaining any real fortune and though you are not playing with real money you are not hurting yourself financially either with fake money. For those who want to play with real money once they find their own little nook in the online casino world, to play with real money, you must make a deposit with a service like eWalletXpress; this service is basically PayPal for online casinos.
Of course there are great advantages to playing with fake money on the mobile casino games that many people even the beginners do not think about when they visit an online casino. One of the biggest advantages is the fact that if you are not comfortable with a certain game right off you can play practice games using fake money until you are comfortable enough to start playing a real game with real money. This provides a great safety net for those that are new to online casinos as well.
Gambling with real money has its advantages and disadvantages, being the fact that when you are lucky you are high up there, winning the loot and great things. However, when you have an off day playing with real money you can hit rock bottom real quick. Though good strategy can help prevent this from occurring, knowing when to fold or quit for the day is one thing that can keep a good player up there. It is always the hardest to come back up again after having a ho hum, no luck day.
When it comes down to deciding to play with real money over fake money it is really up to the player. Playing with fake money is great for someone just trying their hand at poker or blackjack for the first time. This goes the same when it comes to any other casino game, even bingo. This matter is up to you, playing with money is great but be a smart player. Most casinos actually recommend that the new players start out on the practice tables. So go and be merry and enjoy the large and growing world of online gambling.
Biographical Sketch Of Johnny Chan – Professional Poker Player
Now, as serious poker enthusiasts you are sure to have heard the name of Johnny Chan. (Those who mentally quipped ‘any relation to Jackie Chan ’ are hereby summoned to not pass go, not collect 200 and never darken the hot and happening domains of pro poker henceforth and stick to board games like Monopoly that gave us this dialogue!)
That’s only because we want to remove the dross from the gold – and sometimes, the winning amounts in professional poker tournaments can actually amount to a true player’s weight in the shiny stuff, if WSOP winning amounts are anything to go by, as 10 time WSOP bracelet winner Johnny Chan has proven by equaling the legendary Doyle Brunson’s feat that was unrivalled for so many years.
Also, not knowing the world rankings of Johnny Chan or his near dazzling win against Phil Helmuth (in the 1989 WSOP tourney) is a real shame for anyone claiming to be a serious poker lover, so you must be an imposter and this is a place for true-blue poker fans! So, there!
For others, please consider the rant officially over and read on to learn interesting facts about the personal and professional profile of Johnny Chan.
A Hong Kong born poker King, Johnny Chan celebrated his first birthday in 1958 and the closest he’s gotten to the silver screen is in a movie titled ‘Rounders’ where he was instantly recognized and appreciated because the intimidating presence he has at the poker table somehow transferred itself on celluloid, winning him lots of attention.
He notched up a total of 10 enviable WSOP satellite wins with his most recent one being the 2005 WSOP tourney, an accomplishment that helped him join the ranks of one of the most respected names in the business and a veteran poker hand at 70+. Yes, we are talking about Doyle Brunson all right!
This commendable feat is only surpassed by Phil Hellmuth to date but that does not detract from the fact that Johnny Chan is an amazing poker professional who lives, breathes and loves poker. His back to back WSOP wins in 1987 then in 1988 had poker fans thinking he’d strike lucky a third time the following year but Phil Hellmuth trumped him in 1989.
However, Chan sportingly acknowledged poker as a vying game that the best hand wins and continued to concentrate on playing other tournaments on world circuits for adding to his wealth of experience in pro tourneys.
His most characteristic playing style of quick moves earned him the nickname of ‘The Orient Express’ and keeping an orange with him as a citrus fresh ambience enhancement that he’d regularly inhale for clearing his mind added to his appeal (in the days when big poker gaming events allowed smoking).
He declares his favorite player has always been Chip Reese and he wasn’t shy of saying he admired his playing style the most when chatting with Bluff magazine’s reporter.
As regards, Johnny Chan’s most memorable wins at the titan poker WSOP tables, these include the Limit hold’em event held in 1985, followed by the main event for No-Limit Hold’em in 1987, then 1988 in the same category and a departure from these favored styles to 7 card stud game won in 1994; others notable wins include the event for a deuce to seven draw in 1997, the Pot limit Omaha in 2000, followed by 2 wins in 2003 – in the Pot Limit Hold’em and the No-limit Hold’em. His most recent big win was the 2005 Pot-Limit Hold’em tournament.
Fans may like to know that Johnny Chan has his winning hand as his number plate – JJ333 on the car he drives around because this won him tons of the green stuff that makes him Jamie Gold’s mentor at poker a sentimentalist – or a firm believer in acknowledging a good luck charm…you decide!
Poker Deposit Options
There is a wide range of online pokerstar deposit options that you can use depending on where you live to fund your online poker account. A lot of the deposit options are available throughout most poker rooms although there are some deposit options which you will only find in certain poker rooms. Several poker deposit options are available for players around the world, but the majority of poker deposit options are country specific. We’re going to take a look at several different types of deposit options below so you can determine what one might be best for you.
Credit Cards – Debit Cards
* Every single online poker room accepts credit cards as a deposit option and its one of the most popular poker deposit options used. Some credit cards won’t be accepted depending on where you live, but for the most part you’ll be able to use any type of credit card to fund your account. A lot of poker rooms are starting to accept debit cards as well for making deposits into your poker room account. Some of the available credit card and debit card deposit options include MasterCard, Visa, Maestro, Solo, Switch and Laser.
E-Wallets
* Thousands of online poker players at PokerStar use an e-wallet service to fund their online poker accounts and it’s a deposit method that has continued to grow in popularity. The two most popular e-wallet deposit options for poker players are Moneybookers and Neteller. There are many more e-wallet deposit options to choose from including Click2Pay, Click&Buy, UseMyBank, eWalletExpress and quite a few others. When you use an e-wallet service to fund your account you’ll need to register an account with the third party service. Once you have an account you can fund your e-wallet account using a credit card or bank account and then you can fund your account using the funds on your e-wallet account. Some poker rooms have even started offering bonuses to players that deposit using certain e-wallet services so it’s worth looking into.
Other Deposit Options
* If you don’t want to use one of the above options then you still have several options. A popular deposit option for Americans and Canadians is e-checks which is an electronic check. You can also send most poker rooms electronic transfers from your bank account if you wish. Recently there have been some services such as UKash which allow you to purchase vouchers in land based locations to use for funding your online poker account. UKash is only available in a few countries including the UK right now, but there are other similar services.
There are tons of pkr poker deposit options to choose from and the online poker rooms always add new services when they become available. The poker rooms do their best to ensure everyone can deposit to their account using their preferred method and that is why you see so many different options available in most poker rooms. If you’re unable to find a way to deposit to your online poker account then chances are you aren’t looking hard enough or you don’t have a bank account or credit card in your name.
Black Jack Tourniere Guide
Black Jack Tourniere have been growing in popularity in land based casinos and online casinos over the past few years. There are now Black Jack Tourniere running daily on the internet so if you enjoy playing blackjack you should definitely check out one of the tournaments. The best thing about playing blackjack tournaments is that you don’t need to risk that much money in order to win a lot of money.
Every Black Jack Tourniere will vary in buy-in and rounds so you should make sure that you check out this information before joining the game. You don’t want to play in tournaments that you don’t enjoy so make sure that you check out the structure and make sure it works out for you. The tournament will begin with six players sitting down at each table.When all players are seated the dealer will deal one card to each player face up to see who gets the first card of the first hand of the tournament. In Black Jack Tourniere there is a dealer button and the button moves every hand so that players don’t get dealt cards in the same position every hand. This is different then regular blackjack where the player to the left of the dealer always gets the first card.
Each round in a Black Jack Tourniere is set for a pre-determined amount of hands and you’ll find this information out before playing the tournament. The goal in every hand is still to beat the dealer, but the overall goal is to finish with more chips then the opponents on your table. If the tournament is set for 25 hands per round then every player will compete in 25 hands and generally the 1st and 2nd place player’s move onto the next round.
Once a round has completed and the hands are done for that round the players who advanced in the tournament will move to a new table where a new round begins. When the new round begins all the players on the table start with the same amount of chips so if you did really well the first round it won’t help you out in the second round. This is to keep the tournament competitive throughout later rounds in the tournaments and I believe it’s the best structure to have.
Black Jack Tourniere allow you to play black jack online against other players rather then the house and many poker players enjoy this structure better. A lot of people don’t like playing against the house because they always have an advantage, but in blackjack tournaments you don’t need to worry about this since you’re playing other players and not the house. The casino makes money by charging every player a small fee for hosting the tournament, but the prize pool is paid out in full to the winner of the event.
You will be able to practice your blackjack skills as well as potentially win a nice prize pool if you finish in the top positions of a blackjack tournament. This is one of the reasons why blackjack tournaments are becoming more popular and why online casinos now run them on a daily basis.
How to Discover if the Online Casino is Fake
There are so many fraud websites on the Internet no a days. So don’t think that your casino website is safe for one second. Even searching for a new website to gamble on can lead to many problems. With as many as 1600 casinos online if not more, there are at least a handful of those websites that are fraud sites and are not reported with eGOGRA(E commerce and Online Gaming Regulation and Assurance) Even you the Internet savvy hipster, will never be safe from non-existent payouts and rigged gaming software.
Good Tips if you come across a fraud website
Here are a few good tips that you as a online casino gambler should do well to remember:
-Good manner pay off
-When finding a good online casino, email any questions or comments you have right away to the administrator, noting the response time for your email.
-Responding to your emails in a timely manner means they are legit.
-Pay attention to the software the site uses as well as security measures taken by the site.
-Secure websites always have a little gold lock next to their address.
-Common programs they should use for their games are software like Microgaming, Casinos, Playtech, Boss Media and or Cyptologic.
-Always pay attention to the way a website looks. Do they look professional and clean cut?
-Remember that you are online to have fun and not to make money, that is where they always catch you, usually roping you in with the promise of money.
-Know the rules of your favorite website and stand by them.
Knowing how to be safe can make a whole world of difference in the world of online gambling. Being victimized by rigged gaming software and then because you complained about the issue having a website with hold your winnings from you is not fun at all. When we gamble online we expect complete honesty and that is why eGOGRA has listed on their website a great list of approved websites for gambling at www.gamblingonlinemagizine.com/ecogra.php. Remember that eGOGRA sets a firm line down in front of any casino that is not following the rules and report any gambling sites that seem off to you. In fact the eGOGRA requires that all gambling and game sites pass there test and requirements before being released to the general public as legitimate websites for gambling and gaming.
Never free casino websites just be safe and always set your own amount of spending money when frequenting your favorite website. Being internet savvy and hip when it comes to knowing what’s what online does not mean that you are safe. One more important thing is to never try and claim extra bonus time in one night; some casinos do not feel that they owe you more than one opportunity a night to collect these bonuses. Even just playing bingo online can lead you down the wrong path when it comes to your safety, just be proactive in what you believe when it comes to a good casino website and you will never been steered wrong.