Saturday, February 09, 2008

Poker in Florida

Sometime last summer (July, I think) the betting limits for poker games at Indian reservation casinos and parimutuel facilities was raised.

Originally, the entire pot on any hand could not be more than $10 (in 2003), then the limits were raised to $2 with three rounds of betting (in Agust 2003). That meant that the "cap" on betting would be $8. And recently, the limit was raised to $5 with three rounds of betting.

In real terms, this means that a minimum $20 buy-in went to $25 and the Hold'em games offered went from $1-$2 and $2 Straight to $2-$4 and $3-$5 as well as the smaller limit ones. It also meant that there could be "no limit" cash games with a maximum buy-in in the higher limit games being $100.

(This also means that you can never "buy" more than $100 in chips. IE You can't buy $100, then lose $20, and then buy another $100.)

I went to test this out the other day at Hollywood Greyhound Track. (Now called Mardi Gras Racetrack and Gaming Center or something like that.) I played $2-$4 fixed limit and with a $25 buy-in. I was up over two hundred dollars in about an hour, maybe less. In the old days, that would have taken a couple of hours.

Then, I gave it all back because my STAGE FIVE CLINGER girlfriend kept calling and texting me to see where I was because I "didn't leave a note" or "tell" her. Poker, just like craps, is about momentum. Once it gets upset, then it's best to get out.

Ugh.

But I'll be back.

There was always a lot of loose money at Florda poker tables. Now, you can just get it faster.

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