5 Bad Bets to Make in Online Poker Rooms
While our primary focus is on real money online casinos, we know many of you like to play online poker. Whether you prefer online poker cash games or poker tournaments, online poker rooms offer you a great way to make money without having to worry about the casino house edge.
Kamikaze or All-In Games
A game that was made popular on the now-defunct Doyle’s Room is Kamikaze sit and go games. Nowadays, they are known as All-In Sit & Gos. Regardless of what you call them, they are a bad play.
All-In games take out all of the skill in online poker and reduce the game to a card catching contest. Whoever is lucky is who will win. You can’t even call this a coin flip because you will be playing against up to eight other opponents per hand. You’d be better off playing low RTP online slot games than playing All-In games.
Jackpot Sit & Go Tournaments
Jackpot Sit & Go tournaments have become all the rage over the last few years. In most games, you play against two other opponents for a winner-takes-all prize. If you are lucky and get one of the top prize pools, you can win anywhere from $5,000 to as much as $500,000 in about 15 minutes.
The problem with these games is that they are hyper-turbo games that are only a couple steps up from complete luck-fests. While some people claim to make money in these games, most people are long term losers. Also, the rake for these games can be insanely high. You’d almost be better off playing online slot games.
Hyper-Turbo poker tournaments are games that start with extremely short stacks, sometimes as low as 5 big blinds and have very fast levels. Often, the levels are three minutes or less. These games force a ton of action and generally take a lot of skill out of the game.
Even if you build up a ton of chips early, the levels move up so fast you will find yourself in all-in or fold mode frequently. These games involve a lot of luck and are super-high variance games.
Double or Nothing Games
Another game that is not the best bet at an online poker room is Double or Nothing games. These games will pay a larger portion of the field, but you will only get double your initial stake. For this game to be profitable long term, you will have to make the money at least 51% of the time.
The average poker tournament players are going to cash in no greater than 20% of the tournaments they play. Let’s say you can double that average with Double or Nothing games. That’s still only 40% and still a sucker bet.
A trend that has popped up all over online poker is re-entry freerolls. The events start as standard freeroll poker tournaments, but if you bust out, you can buy back into the game. For starters, this is not a true freeroll. Next, it further dilutes the skill level of the event.
Most freerolls tend to be shovefests early on, and re-entry freerolls are even worse. If you are trying to build a bankroll from nothing, re-entry freerolls are not going to be the best play as you will have to contend against the group of players willing to throw good money after bad. Players will invest a stupid number of re-entries trying to chase a small prize. They would be better off playing a Sit & Go in most cases.