Casino Poker Games and Texas Holdem Compared
Poker is now the basis of 100's of different games played throughout the world. From the fun kitchen table family game, through the glitz of Las Vegas Casinos to the high-tech and high-speed online gaming world - millions are familiar with the terms 'straight', 'full house' and 'royal flush'. This article shows you the key difference between poker games, outlining the' player against house' and 'player against player' categories and giving you examples of each.
Firstly we will look at some of the well known casino poker games. These include the popular Caribbean Stud Poker, Tri-Card Poker and Pai-Gow Poker variations. While it is possible to play these games socially - alongside other players - the betting is done against the casino in these cases.
Some poker strategy is involved in all of these casino games. For example in Caribbean Stud Poker you must decide whether to raise or to fold your hand based on what you assess your chances to be against the dealer, and in Pai-Gow Poker you need to separate your cards into the best possible 5-card and 2-card hands.
What the casino games have in common is that there is a built-in 'house edge'. This means that even if you play a mathematically perfect strategy you will lose a small percentage of your stake each hand over the long-run. While a big win can put you in profit for many years, if you continue to play against the house you will eventually lose, it is a mathematical fact!
Texas Holdem and other popular forms of poker are played against other people rather than the house. Here your profits come from playing better than your opponents, losing a little less when behind and winning a little more than they do when you have the best hand. While Holdem is the most popular format there are many more variations of player against player poker including Omaha, Stud and Draw.
In these forms of poker the casino (or online poker site) still make money. They do this by taking a few cents from each pot won or a fixed 10% for tournament entry fees. This means that the house does not really mind who wins - as long as the games keep going they will get their money from each hand, a little at a time.
With multi-player poker there is no mathematical house-edge to beat, if you are better than the other players in your game you will win money over time. Players will need to beat the game by more than the fees they are paying, however it is possible to be a profitable multi-player poker player over the long term in a way that is not possible in the games which are played against the house.
Remember, you should only play in either game category with money you can afford to lose. You should also remember that poker can be deceptive, as they say - poker takes 5 minutes to learn and a lifetime to master!
Firstly we will look at some of the well known casino poker games. These include the popular Caribbean Stud Poker, Tri-Card Poker and Pai-Gow Poker variations. While it is possible to play these games socially - alongside other players - the betting is done against the casino in these cases.
Some poker strategy is involved in all of these casino games. For example in Caribbean Stud Poker you must decide whether to raise or to fold your hand based on what you assess your chances to be against the dealer, and in Pai-Gow Poker you need to separate your cards into the best possible 5-card and 2-card hands.
What the casino games have in common is that there is a built-in 'house edge'. This means that even if you play a mathematically perfect strategy you will lose a small percentage of your stake each hand over the long-run. While a big win can put you in profit for many years, if you continue to play against the house you will eventually lose, it is a mathematical fact!
Texas Holdem and other popular forms of poker are played against other people rather than the house. Here your profits come from playing better than your opponents, losing a little less when behind and winning a little more than they do when you have the best hand. While Holdem is the most popular format there are many more variations of player against player poker including Omaha, Stud and Draw.
In these forms of poker the casino (or online poker site) still make money. They do this by taking a few cents from each pot won or a fixed 10% for tournament entry fees. This means that the house does not really mind who wins - as long as the games keep going they will get their money from each hand, a little at a time.
With multi-player poker there is no mathematical house-edge to beat, if you are better than the other players in your game you will win money over time. Players will need to beat the game by more than the fees they are paying, however it is possible to be a profitable multi-player poker player over the long term in a way that is not possible in the games which are played against the house.
Remember, you should only play in either game category with money you can afford to lose. You should also remember that poker can be deceptive, as they say - poker takes 5 minutes to learn and a lifetime to master!
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