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29, 2021 /PRNewswire/ - FOX Bet & PokerStars, the world's largest and most popular online poker product, and Stars Casino today launch an incredible array of real money online gaming and betting brands in Michigan. From superior sports betting to poker, blackjack and much more, the. Live games and multi-table tournaments. Home of the World Championship of Online Poker. 29, 2021 /PRNewswire/ - FOX Bet & PokerStars, the world's largest and most popular online poker product, and Stars Casino today launch an incredible array of real money online. PokerStars is the first operator in Michigan to offer peer-to-peer poker games online, MGCB executive director Richard Kalm said. Michiganders are only permitted to play against others within state.
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PokerStars players will soon be able to make side bets on upcoming cards if the current tests are deemed successful.
Betting on upcoming cards is nothing new to poker, although it is a first in the realm of online poker. Live poker players often bet on the flop being all one color, all one suit, or a particular card arriving in an attempt to negate the boredom of waiting for playable hands to be dealt to them.
While PokerStars has not made an official announcement on its website or blog about these new side bets, Poker Industry PRO says it has seen a webpage detailing the side bets feature.
Currently only available on both the UK and .EU PokerStars clients, and at hold’em tables only, all side bets are made against the house, i.e. PokerStars. Wagers are removed from the players’ account balances and not from their stack at the table.
A House Edge Of Almost Three Per Cent
PokerStars hasn’t fully revealed what side bets are available, but players are believed to be able to bet o whether or not they’ll be dealt a pocket pair, or if the flop is all one suit.
The theoretical Return-To-Player (RTP) is 97.12% for side bets on flops and 97.29% for betting on hole cards. These figures give the new side bets a house advantage of between 2.71% and 2.88%. For comparison, single-zero European roulette has a house edge of 2.70% while betting on the Banker in Baccarat has a house edge of 1.06%.
This type of side bet is something completely new to online poker, although having the ability to bet on other games has been around for several years.
Side Games On Other Poker Sites
partypoker players are only a mouse-click away from being able to open a roulette or blackjack table when they are seated in cash games. The same is also possible for skins of the iPoker Network, and sites on the GG Network, including GGPoker and Natural8.
There has not been much feedback from the poker community thus far, perhaps because the side bets feature is being tested to a select group, but it wouldn’t be surprising if large sections of PokerStars players are against this latest addition.
The main reason for this is side bets take away players’ bankrolls faster than if they were simply playing poker tournaments or cash games. Those making side bets are effectively paying an additional 2.71 to 2.88% rake as they play, and many people believe the rake is already unbeatable, particularly at micro and low stakes where these types of bets are more prevalent.
PokerStars’ All-In Insurance
This latest feature comes after the introduction of All-In Cash Out, essentially insurance for cash game players who find themselves all-in.
Once enabled, All-in Cash Out gives players the chance to cash out their equity in the hand if they are all-in before the river. Cashing out costs 1% of your equity, so if you were a 70% favorite in a $100 pot, you’d receive $69.30 ($70 minus the 1% fee PokerStars takes for facilitating this option). The hand then plays out as usual with the player not using insurance being able to win the pot in a traditional manner, instead playing against the house not their opponent.
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Full Tilt
Although fashions in bet sizing are always changing, and advanced players have different reasons for betting different sizes, the following are widely accepted definitions:
- Small bet: about half the pot.
- Medium sized bet: between half and three quarters of the pot.
- Large bet: more than three quarters of the pot.
This applies in cash games or tournaments. In the former, the pot will be real money, while in the latter it will comprise tournament chips. But the general guidelines apply in both instances.
Small Bets
The size you want to bet will always depend on the specific situation, but typically players might want to make small bets on a dry board (ie, where there are few connecting cards), on the river (when all community cards have been exposed) or as a continuation bet (ie, following up a pre-flop raise).
On a dry board – If there are few to no draws possible – for example a flop of K♥7♦3♠ – then it is not possible to have a flush draw or an open-ended straight draw. Therefore it is not as important to protect a big hand because the chances of it being outdrawn are slim. Therefore it is OK to bet relatively little, in the hope of attracting a call to swell the pot. (Remember, if you typically bet small with a good hand then you should typically bluff small as well. Good opponents can spot changes in patterns and can figure out when you are bluffing and when you are not.)
On the river – If all the community cards are out already, no one can outdraw your hand. It follows that it is no longer necessary to protect a big hand. Therefore the situation is similar to an extremely dry board and bets on the river tend to be smaller than bets on other streets.
A continuation bet means to bet on the flop after raising pre-flop. You are continuing your aggression, hence the name. This is a way to pick up the pot if your opponent missed the flop. It’s not necessary to make a big bet in order to do so as your opponent should already be convinced of the strength of your hand from your pre-flop aggression.
Big Bets
In certain situations, big bets can be a very strong weapon. They will put a lot of pressure on your opponents and force them into decisions that can cost a lot of their chips. Big bets can be useful to bluff people off decent hands, gain huge value with strong hands or to protect against strong draws.
Here are typical situations when to make a big bet:
On a draw heavy board – In contrast to a “dry board” described above, you should bet big when there are many ways in which your strong hand can be outdrawn. Suppose you are holding 10♠5♥ in the big blind. Several players call and nobody raises, so you see a flop for free. It comes 10♣8♣5♦ and you have two pair.
You hand is strong at this stage, but a lot of cards are dangerous. Your opponents could easily make a flush, a straight or a better two pair on the turn or river. You should make a big bet here, possibly even bigger than the size of the pot.
Two pair is a hand that often calls for big bets because although it is strong enough to be ahead most of the time, it is weak enough that it can be outdrawn on turn and river. (This only holds true if there is no pair on the board. Otherwise a lot of players might have two pair and your hand is usually not strong enough to make a huge bet.)
Pre-flop – Before any community cards have been dealt, even a very strong hand can be vulnerable against a significantly weaker one. Even if you hold A♣K♥ and your opponent holds 6♦2♠ you are less than a two to one favorite. If you raise pre-flop it should almost certainly be a large raise to force out holdings that might beat you.
With the nuts – If you are lucky enough to have the best possible hand, you might want to bet big in order to build a gigantic pot. (Sometimes you also want to pretend to have the nuts and make a huge bluff.)
Medium Bets
If you have decided that a bet is necessary, but the situation isn’t listed above, then a medium-sized bet is probably in order.
Bet Sizing Examples
- A decent pocket pair pre-flop. You are J♠J♥ holding in the cut off seat. Two players in front of you call. It is important to make a big raise, up to five or six big blinds here. You are pretty confident to hold the best hand and you want an opponent to pay dearly if they want to out-flop you.
- Protecting your hand on the flop. In the same scenario as above, both limpers call after you raise to five big blinds. The flop is 10♠6♥3♦. The board is pretty dry but your hand is vulnerable to over-cards, and you could be outdrawn if an ace, king or queen comes on the turn or river. You should definitely protect your hand by betting. A medium sized bet will do the job
- A monster on the river. You are holding K♠10♦ and the board is Q♠J♠4♥6♦A♣. You have the nuts. You have one opponent, who checked to you. It is OK to bet big here. Maybe he caught an ace on the river and wants to see the showdown.
- A decent hand on the river. On the same board as above and with the same opponent, but this time you have A♠6♠. You were trying to hit a flush after the flop but made two pair on turn and river instead. When he checks to you, you should make a small bet. If he has a queen or a jack, for example, or even a hand like A♦9♦, he might call you to see if you have a busted flush draw.
- A marginal hand on the river. Consider the same board again. This time you are holding K♠J♥ for third pair. This is a hand you should just check behind. Remember that you always need a purpose to bet. You shouldn’t go for a value bet here because your hand is not strong enough for that. It’s obviously not necessary to protect your hand from draws because all cards are out already. Bluffing is not necessary either because if you opponent has a weak hand, you will win the showdown anyway. And there is no need to bet for information either. If you check, the cards will get turned over, which will give you all the information you need.
- A terrible hand on the river. Yet again the same board with your lone opponent. Unfortunately you are holding 9♠8♠. You had a nice draw but it missed (a “busted” draw) and now you have nothing more than nine high. This is a good spot for a bluff. Usually you should bet small and represent an ace. Once in a while it’s OK to make a big bluff, representing a straight.
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