Pros Of Being A Professional Poker Player

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February 16, 2021 0 Comments


Being a professional poker player is a daring as well as exciting decision. If you’re successful at the game and want to quit your day job to become a poker pro, it’s an enticing opportunity. However, be warned: Poker strategies and rules are difficult to work, that isn’t for everyone. If you consider taking a risk to become a professional poker player, you should please ensure that it is an educated choice. 
Here are some pros of becoming a professional poker player that might encourage you to take the next step! 
Professionally Pursuing What You Love
One of the most prevalent desires in the world is to do something that you love professionally. For anyone in the poker community saying that there’s profit in this, they’re certainly not doing it only for the money. They love the game and have passion for it. For those who don’t have that, must understand that it is a skill game and requires practice to get better. This is what encourages them to put in the research time required to excel and achieve success through the downtrends.
Also Read: Advantages of Becoming a Professional at Poker
Self Determination And Versatility
Poker players set their own schedules which is a great thing for any professional in any field of work or sport. To stave off poker exhaustion and keep you going, getting this independence will go a long time away. Also, you’ll only be accessible to yourself. Versatility is something that is quite limited in a number of professions nowadays and there’s nothing quite like poker tournaments when it comes to versatility. That’s not to suggest, of course, that it’ll be straightforward. The assumption is that when you do so, no-one will be blowing down your neck.
Earning Big Money
There is still a lot of profit to be gained by playing online poker if you can achieve a high level of experience. In terms of rake and playing rewards, there have been a few improvements in the market in recent years that have limited online poker’s profitability, but it is still possible to obtain a decent income playing poker game. Getting in and getting out of micro stakes is one of the greatest obstacles facing emerging online pros these days. In present-day games, the high rake and low rakeback eat away at the winnings of a micro stakes player, making it difficult for them to achieve a good score overall.
On the other hand, live poker has been and is likely still a highly lucrative enterprise for professional players. The live player average is much lower than the online player estimate. This may be because, in casinos, live poker is practiced and thus encourages individuals who play poker to bargain instead of because they are successful at it. Or it could be because of live poker’s social aspect. It’s a mix of both, perhaps. 
For more interesting articles about poker or poker news, keep reading PokerShots! 

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Colonial Downs Proposes Casino Resort in Dumfries

Bradley Beal looked miserable on Wizards bench, prompting flood of empathy from Twitter
February 16, 2021 0 Comments

Rosie’s Gaming Emporium opened doors on January 8. It is a 19,000-square-foot gaming center with 95 video slots, located in the Triangle Shopping Center in Dumfries. Colonial Downs, the property’s owner, now proposes another building, which is a massive $389 million casino resort on the grounds of Potomac Landfill, a debris junkyard on the edge of town.
The future facility would be called “The Rose” and would be the first in Virginia with this size, providing such gaming options.
According to the plan for “The Rose”, the facility will consist of 50,000 square feet of gaming space, a 250-seat sports bar, as well as other bars and restaurants, 200 hotel rooms, a theater with 1,500 seats and 7,000 square feet of meeting space.
Colonial Downs, which owns Rosie’s and operates a racetrack in New Kent County near Richmond, as well as four other Rosie’s emporiums across the state, will pitch its idea today during a 7 a.m. Dumfries Town Council meeting.
The new facility is hoped to bring a lot of profit to the town. It is expected to create 640 jobs that pay $15 an hour wage. 96 managers will be hired to work at The Rose and they will make an average of $70,000 a year.
According to Colonial Downs, the new casino would generate $11.3 million a year in new tax revenue for Prince William County and nearly $80,000 a year for Dumfries.
If the pitch is accepted, construction of the new casino will start in August this year, which means that Potomac Landfill will be closed 11 years earlier than planned.
The casino will take 22 acres of the property with 79 acres remaining that will be converted into a park with sports fields, trails and open space.
The town documents stated that the park would open in December 2022 and the casino would open only a month later. This is if everything goes according to plan.
The Potomac Landfill
The town agreed with the landfill in 2016 to close the facility. The closing date was set for 2032. At that time, the town planned on turning the site into a public park.
The problem for the landfill started in 2011 when the neighbors and drivers on the Interstate 95 complained of sulfur smell. It was permeated the surrounding area so the facility needed to shut down.
Rosie’s Gaming Emporium is the first gaming facility to open its doors in Northern Virginia. Since its opening, more than 21,000 people have visited the gaming parlor in the shopping center.
The property has donated more than $75,000 to charity since it started operating and has created 100 jobs for the locals. Its establishment was made possible by the legalization of gambling in Dumfries in November 2019.
A citywide referendum passed with more than 60% of the vote, following an extensive advertising campaign by Colonial Downs.
Source: “Resort casino proposed to open in Dumfries in January 2023”, Potomac Local, January 15, 2021

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BGC ices gambling talk on football social media sites

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February 16, 2021 0 Comments


The UK Betting and Gaming Council (BGC) is asking football clubs to refrain from discussing and promoting gambling on their social media sites in as part of an effort to avoid triggering problem gamblers. It’s move that may seem extreme to the layman, but will likely help keep UK gambling operators a step ahead of UK gambling regulators.
Guidelines for how football clubs should handle discussions of gambling were sent out by the BGC late last week and utilize a plea from 50 former gambling addicts to make the case. They pointed out that seeing their favorite club site promoting gambling caused them “distress” and “encouraged” them to place wagers.
As an effort to avoid these triggering moments, the BGC is recommending that football clubs refrain from promoting gambling operators or bonus offers and their “organic tweets”. This is a nod to the reality that gambling offers are ubiquitous on social media and that no one is really more than a click or two away from them on the internet anyways.
BGC officials sent a letter detailing the new code of conduct to 11 football clubs, as well as to social media operators.
In a statement reported on by SBC News, Brigid Simmonds OBE, Chairman of the BGC described the importance of the new standards saying, “Our members rightly have a zero tolerance approach to gambling by under-18s, so as an industry we are understandably concerned that children may be exposed to betting adverts on social media platforms. Our new guidelines make clear the standards expected of football clubs when they post gambling promotions on social media, and I look forward to them being put into practice as soon as possible.”
The BGC guidelines are not legally binding, but members of the BGC who wish to remain in good standing are expected to abide by them.
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Did the next Macau bubble just start two weeks ago?

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February 16, 2021 0 Comments


The entire concept of a “bull market in stocks” makes little sense. Sound crazy? These days, certainly, because we’re always hearing about a perpetual bull market in stocks. Valuations increasingly disconnected from economic reality, asset bubbles in one class or another, armies of speculators moving like zombie hoards descending on the next fad and blowing it up to infinity and beyond, Buzz Lightyear-like.Why is the whole concept of a bull market generally, nonsense? Because if the value of everything is going up simultaneously, then nothing is going up. If everyone is a superhero, nobody is. If, in an imaginary economy, absolutely everything costs, say, $5, (labor, land, capital whatever) and then the next day everything costs $10, then what’s changed? The answer is absolutely nothing.The only thing that matters is relative valuations between asset classes. Let’s divide them into three of the most basic ones. Equities (stocks), bonds (debt), and commodities (consumer goods). If all three are going up in tandem, then there is no “bull market” in anything. If commodities are going up faster than stocks and bonds, you have inflation, or even hyperinflation. Ask anyone in Venezuela whether they care that their stock market is doing great, nominally. They don’t. They’re looking for their next glop of gruel or morsel of moldy bread to survive the day.But if stocks and bonds are rising and consumer goods are static to falling, you have a bull market in financial assets. This is where we are now. And boy are we really hard and deep into it now. Below is the ratio of the S&P 500 to the CRB Commodities Index.And I’ve got news for everyone. This bull market in stocks relative to consumer goods in dollar terms is already over. It ended almost a year ago. On April 20, 2020 to be exact. Red circle blowoff top above. That was when oil crashed to negative $35 a barrel and we all lived in an alternative financial freakhouse universe. But I have more news than that. This entire “bull market” in stocks has been one gigantic illusion from the very beginning. Stocks aren’t going up. They haven’t gone up for 21 years. Money is going down. Here is the graph of stocks relative to the prime monetary commodity, gold, over the same timeframe above.We can see here that from 1990 to 2000, we had a real bull market in stocks. Equities rocketed in gold terms and in terms of consumer goods generally. Everyone felt richer. Portfolios up, expenses down. But since that time, money has been dying at an accelerated pace and the standard of living has fallen.The bull market in stocks over the last 21 years has been an illusion, a tiny echo of the bull that ended at the turn of the century. We have spent the last 21 years trying to reinflate it, but gold has exposed the lie. We are now at the point where the illusion is about to collapse completely. In my view, we have only a few months left until it all hits the fan. Until then, the bubbles will keep coming in staccato frenetic fashion, moving from one asset class to another faster and faster, until we all get so dizzy we can’t follow it anymore. Last week I speculated that maybe the next target for the zombie hoard will be in penny gaming stocks. I was close. It’s in Macau stocks. It may already have started two weeks ago. The frenzy has started over news about China opening up again. I mean, just look at this crazy chart of the Macau proxy ETF:That last surge higher is just since February 1. We could be at the beginning of a crazy but brief ride higher in Macau stocks right now. New all time highs again, and Macau isn’t even fully open yet. The latest full month statistics for December show a 78.6% drop in visitors year over year. And yet we’re at new all time highs in these stocks already. It’s just completely crazy. I can understand the Macau opening up again trade, but to argue that this factor is being priced in at these levels, at new all time highs? As if none of this full year shutdown hurt any of the casinos fundamentally at all? That’s just totally bonkers crazy. It’s a reflection of the value of the currency these stocks are priced in, not the stocks themselves.What’s happening is that the zombie hoard of bubble chasers is reading the headlines regarding China starting to open up again, and they’re slamming buy orders and call options like they’ve been doing with tech stocks and Gamestop and BTC and all the other fads. We just got news out of Bloomberg that China’s Imax had a face-ripping rally due to exploding ticket sales. China is, indeed opening up, and the zombie hoard of speculators is now going to spray their money hoses at anything Chinese. Macau might be at the center of it.How high can this Macau bubble go, if that’s what we just saw start two weeks ago? The truth is, it doesn’t matter. If you get into it, you’ll get hooked and keep levering yourself up, counting your paper gains, unable to separate from them until you get caught in a vortex. At some point, my view this year, it’s all going to come crashing down when all the damage from 2020 is finally revealed all over the world. You can’t paper it over forever. The damage to Macau casinos doesn’t just go away. It festers in the form of more and more debt, and a damaged consumer base that can no longer patronize casinos in the way it once could. Festering wounds need the paper bandage removed and they need to be operated on. That is painful. And it’s coming.When we think of the word “bubble”, what are we really talking about? A bubble is something that looks, from the outside, to be really big and stable. The shape of it, a sphere, is the most stable shape in the universe. It’s why planets, stars, moons, and possibly even the spacetime continuum itself, spontaneously shape themselves into spheres. The force of gravity equalizes at every point on the sphere, forming equilibrium. Nature always seeks equilibrium. And so bubbles take on the illusion of stability, but unlike a real sphere, there’s nothing inside them. When they pop, they are gone almost instantly. This one is about to pop. Macau appears to be the next victim sucked up by the bubble. Macau will survive and rebuild. The question is, in what form? I wouldn’t take a bet the depended on me getting the answer to that question right.

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Super Bowl Streaker Bet $50,000 on Himself but Bovada Won’t Pay Out

ดู WSOP บน PokerNews Twitch ทันที;  Chris Moneymaker ในความคิดเห็น
February 16, 2021 0 Comments


09:1116 FebOnline sportsbook Bovada likely won’t be paying out the largest supposedly winning wager on whether a streaker would disrupt the Super Bowl LV game between the Kansas City Chiefs and Tampa Bay Buccaneers after the site discovered the streaker was part of a group having placed a large bet on such an event occurring during the game.Yuri Andrade, the 31-year-old Florida man who briefly disrupted the game with his run in a pink leotard and black shorts, announced in an apperance on a Florida radio station Wild 94.1 talk show that he was part of a group that had bet $50,000 that a streaker would appear. Andrade told the show’s audience that his group had locked in the bet at +750, resulting in the high would-be payout.However, Bovada, a grey-market betting site offering services to many US states, quickly learned of Andrade’s admission. The site had already been aware of “suspicious activity” on the prop line, likely the overly large $50,000 wager. As a result, Bovada has already announced it will refund the wagers of all “no” bettors, while also screening for legitimacy all “yes” wagers made before officially grading them.The episode will likely do no publicity favors for Bovada, however, despite the site’s willingness to take a moderate financial hit. Bovada’s lines appear prominently throughout the US’s sports-betting world, on broadcasts and in live and online publications, and as a consequence the site remains under considerable pressure from the US’s growing licensed and regulated markets. At the very least, the event is likely to make Bovada reconsider offering prop bets of this nature, ones that have the potential to disrupt larger sporting events.“Our players have always trusted us to ensure the integrity of all props offered in our sportsbook,”Bovada stated. “We will continue to make sure that any publicity stunts or ill-intended behavior cannot adversely affect the outcome of a player’s wager.”It’s not the first time that streaking has figured into an online gambling story. Nearly 20 years ago, online casino site GoldenPalace.com garnered publicity by investing in all sorts of bizarre activities, including sponsoring serial streaker Mark Roberts’ dashes at events including Super Bowl XXXVIII in 2004. Roberts sported a temporary GoldenPalace.com tattoo during his runs, which were just a small part of the site’s bizarre guerilla marketing campaigns.Did you like this article?Tweet
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Pokagon Starts Online Gaming in Michigan, Makes Progress on Tribal Compact in Indiana

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February 16, 2021 0 Comments


Posted on: February 15, 2021, 10:00h. 
Last updated on: February 16, 2021, 12:50h.

Steve Bittenbender

Read MoreMichigan added yet another online gaming option Monday as the Pokagon Band of Potawatomi Indians announced the rollout of its platform.
Matt Wesaw, chairman of the Pokagon Band of Potawatomi Indians and CEO of the tribe’s gaming authority, speaks to the media on Aug. 20, 2019, before presenting a check for $127,500 to Beacon Children’s Hospital in South Bend, Ind. On Monday, the tribe announced it received approval from Michigan to launch iGaming and mobile sports betting in that state. (Image: PRNewswire)The Pokagon operates three Four Winds casinos in the southwestern part of Michigan’s lower peninsula. Pala Interactive LLC will serve as the tribe’s online platform provider.“Providing online access from a mobile phone, tablet or personal computer adds an entirely new dimension to the gaming and sports betting experience,” said Frank Freedman, COO of Four Winds Casinos in a statement.The Michigan Gaming Control Board said in a release the Pokagon becomes the 11th licensee to offer both online sports betting and casino gaming. There are a dozen licenses. However, the Lac Vieux Desert Tribe can only offering mobile sports betting at this point.Revenue from gaming operations will help fund education, economic development, and Pokagon needs, MGCB Executive Director Richard Kalm said in the statement.Tribal Leaders Had Considered ExpansionIn its statement, Pokagon Tribal Council Chairman and Pokagon Gaming Authority Matthew Wesaw said the tribe’s leadership had planned for the ability to offer online gaming for some time.COVID-19 has accelerated interest in providing online access and added convenience to customers across a variety of industries and gaming is no different,” he said.The MGCB license enables the Pokagon to offer its online gaming platform to anyone 21 or older physically in Michigan.Online gaming launched only within the last month in Michigan. Yet, with 12 online sports betting applications and 11 iGaming options, the state has already become one of the more lucrative markets in the US.In its first weekend of operation, Jan. 23-25, tracking data from GeoComply indicated that Michigan had more sports betting traffic than any other state offering legal betting. That included New Jersey, which is the largest sports betting market in the US by handle.Indiana Senate OKs Pokagon CompactThe Pokagon is also one step closer to offering Class III gaming in Indiana as well.Last week, the Indiana state Senate voted 36-11 to pass Senate Bill 356. The bill codifies the gaming compact the tribe secured with Indiana officials last month. It is now in the House for its consideration.The Pokagon operate a Class II Four Winds Casino in South Bend near the Michigan state line. The compact, the first in Indiana, enables the casino to offer banked table games, such as blackjack and roulette.It also clears the way for the casino to offer sports betting. That’s a product the Pokagon sought once sports betting became legal in Indiana in September 2019.One thing the bill does not allow is for the casino to offer mobile sports betting across the state. The bill states patrons can wager online only if they are at the casino when they make the wager.

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Tyrant King Megaways Slot Review

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February 16, 2021 0 Comments


Tyrant King Megaways plays on 6 reels, gets as many as 117,649 Megaways during regular spins, however then it likewise gets up to 200,704 different ways on the off chance that you get to its free spins. Besides the free spins, there will be Cascading reels, expanding multipliers, wilds and respins. Payouts can be very acceptable, going to 10,000x the stake, while RTP is OK at 96%.Betting and Prizes $0.20 is a low bet, that most players can make use of it and it’s the lowest amount that Tyrant King Megaways permits. At the other end, the highest wagers used is up to $20.Winning big is consistently a chance in slots which depend on Megaways and it is a significant motivation behind why these games turned out to be so popular. It is not easy however, since the unpredictability is also on the high side. All things considered, a bonanza of up to 10,000x the stake is onThe RTP is set at 96%.Tyrant King Megaways Slot Features Concerning the Megaways system. It depends on a fixed number of reels, 6 for this case but on a random number of images for every one (2 to 7 during regular spins). This permits up to 117,649 different ways to win during your regular spins.After a combination forms, cascading reels will trigger, eliminating winning images and adding others in. This can prompt more wins and cascades.Get at least 4 wilds to show up in one spin and the Respins feature triggers. It will give you a Hold and Win style reward with 3 respins offered, during which you need to get extra wilds on the reels. Just wilds and empty positions can show up in this mode. You gather the setting off wilds and any new ones that may appear. In the event that a reel is covered by them, it transforms into a multiplier wild. The respins reset when you get new wilds.Toward the end of the feature, you get every one of those wilds used as a component of new mixes in the base game. Every combo of up to 6 wilds will settle up to 50x the stake.There will be free spins to go after also, up to 15 rounds offered when up to 6 scattered Dinosaur Eggs show up in view. The game area increases, with one extra line of images, so now you can have 200,704 different ways to win active. Another feature will include an expanding multiplier, going up by 1x after each new cascade.Theme and Design We are going back to the period when the dinosaurs roamed and controlled this planet. The T-Rex will be the star, as a wild while Dinosaur Eggs are represent scatters. Standard images include an unlikely picture of an Adventurer, a Cavewoman, three kinds of dinosaurs and the 10 to A Royals. It is a mix of prehistoric and modern at that point, which reminds me of Jurassic Park because you can’t get such a thing elsewhere.ConclusionTyrant King Megaways looks engaging, giving us some new features to try out, along with the ones we already knew and enjoyed. Top wins of 10,000x the stake are not extraordinary in a Megaways slot but rather they look great all things being equal.

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Colorado Licence for Intelitics

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February 16, 2021 0 Comments


Intelitics, the leading performance marketing and analytics platform provider, has been granted a licence by the Colorado Division of Gaming allowing it to work with licensed sportsbook operators in the state for the first time.Intelitics already holds licences in New Jersey and Pennsylvania, with Colorado the third with more to follow in the coming months.Intelitics provides online sportsbook and casino operators with a single platform that allows them to track, analyze and grow all acquisition partnerships and campaigns across web and mobile through access to real-time data which in turn allows them to unlock hidden revenue and boost ROI.Intelitics’ real-time data hub keeps media buyers, analysts and executives on the same page about spend and results. Operators can use one set of metrics to “slice and dice” media performance to discover what activity is delivering the best results.Powerful, streamlined reports provide full visibility into cross-channel interaction and the customer journey. A holistic view of costs v player value means operators can easily determine the most valuable media sources which improves revenue allocation modelling and inform media investment.CasinoAffiliatePrograms, the premier standalone iGaming specific Ad Network, which is powered and run by the Intelitics team, has delivered more than $70m in net game revenue through 150,000+ new depositing customers.Armed with its Colorado licence, Intelitics is now looking to work with licensed online sportsbook operators in the state in order to help them unlock the greatest value from their marketing activity.Allan Stone, CEO at Intelitics, said: “We are delighted to have secured a licence from the Colorado Division of Gaming allowing us to work with licensed sportsbook operators in the state for the very first time.”“As legal online sports betting continues to roll out across the US, there is a tremendous first mover advantage to be had but operators must ensure they are acquiring players at the right cost and through channels that deliver true value.”“Our cutting-edge platform provides the real-time data, insight and reporting that operators need to do just that across all of the channels they use to market to players. We look forward to working with sportsbooks licensed in the state of Colorado.”

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Richard Downey explains the power of the US sports betting market

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February 16, 2021 0 Comments


No one in the industry can underestimate the old fashioned values of building trust amongst customers. Richard Downey, Senior VP for Connections by the Specialist Works, understands that more than most. He sat down with Calvinayre.com’s Becky Liggero Fontana to share his insights on the U.S. sports betting market.Downey emphasized leveraging relationships from prior careers. “I was publisher of a magazine called Poker Player and I moved from there into the agency. I’ve been able to maintain an involvement in the gaming industry by having clients in the space,” Downey said.Downey is a firm believer that operators still require a that branding plays an integral part in building trust with customers in the highly competitive U.S. sports betting market. “In the gaming sector there is an element of credibility and trustworthiness that exists everywhere, but especially in the U.S. market. Getting access to online gaming in the U.S. market for the past period of time has not been completely legitimated. Gaming is being rebranded as mainstream entertainment and it’s really important that the brands that come through with it do a good job for the customers.”Downey pointed out that new operators have to consider the Vegas perceptions of gaming when it comes to brand marketing and alignment.“For a long time gaming has been synonymous with Las Vegas and therefore it’s completely logical that a lot of the Vegas gaming companies are using their brands to do that job of legitimization and credibility. If a gaming operator is trying to break into the mainstream market in the U.S. then I think having a credible brand behind you, either through brand recognition or through marketing is a good way of making people believe that you know that their gaming environment is a safe one,” he said.In the full interview, Downey gives advice for new operators for developing brand strategy in the U.S. sports betting market. And if you haven’t yet, watch all of our videos as they go up by subscribing to the CalvinAyre.com YouTube channel.

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Wsop app

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February 16, 2021 0 Comments


Hey guys I’m kinda new to poker so I’m still learning a lot every day. The wsop app made it easy to practice so I had fun. The first couple days I had the app, every night I was on a tear, I was getting power hand after powerhand. Straights to flushes and even once a straight flush. I still haven’t gotten a four of a kind or higher yet. My thing is after a few days I started to have a much harder time, I would have a straight after flop and get beaten by a flush from off the river. I understand with time and experience I can better read and predict that flush but after the last two days I’ve started to enjoy the app less and less. It was fun when everyone at the table had similar money, now even when I’m on lower tables it’s just filthy rich players who reraise almost anything starting from the flop all the way to the river. Sure poker is about bullying your opponents at times but it gets ridiculous when people have to fold pre flop even with solid high hards in fear I won’t even make a pair, just to find out I would’ve had a monster had I waited. Maybe I need to practice more or watch more videos to get the fundamentals (any recommendations would be appreciated). But the last two days have been the biggest beats I’ve ever had and it’s discouraging me from continuing to use the app. Sure the game is about skill and luck but it starts to piss me off when over the past two days I’ve gotten beaten on every power hand. I have a bicycle? Someone has high end straight or flush draw. Have 3 of a kind? Someone has four. Even when I had a fullhouse I would get beat. Maybe I need to watch a video on being able to better decipher the board to know when I have the nuts but I can’t find any handy videos. I know it sounds like a whole lotta complaining but it isn’t like it was multiple people beating me, it’s always the filthy rich player who just happens to get lucky off a river or flip card. And said person will continue to get hand after hand bullying the whole table. Sure it’s a online app it can’t be perfect randomization but at what point does this app become ludicrous? Like really what are the chances the same player will have the best high card or a straight flush or higher 6/10 hands or greater? Hell even when I’ve played my best I thought it was suspect, I was getting hand after hand of amazing sets but now it’s almost like I never win unless someone bluffed and I saw it or I use strategy to get others to think I have the better card. That being said I have made bad calls so not all of my loses can’t be deflected but someone of them feel almost rigged as if the game is favoring certain players on the table. I typically play smart and only make small calls and fold on high bets if I don’t have a solid set or at least a potential flush or straight going for me. Hell I’ve even noticed I play better in tournaments where people play a little bit more realistic And I’m more cautious of the sets I bet on but when it comes to outside of the tournament it seems like this game is just a troll, like it wants to piss me off on purpose. Maybe other users of the app have experienced more fair game play but for the past two days I’ve gotten bullied and it only makes me more mad when the rich guy bluffed and I would’ve had a 3 of a kind or four of a kind but I decided to not go all in on some random cards with no flush or straight potential, such as a 2 and a 9 off suite or pocket 3s. Feel free to roast me if I’m sounding stupid, but from my perspective this app is ridiculous at times.

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