Category: Poker

Love your bankroll as much as you love betting – Money management tips


Managing your bankroll is one of the most important things you can do when gambling online. It might even be the most important, and it applies whether you are playing at a casino, sports betting, playing bingo, in other words, all gaming. Successful management will keep the gambling fun and entertaining, even if you are not always winning because we can’t win them all. With that in mind, we have put together a few money management tips to help keep your bankroll in check.

Set a Realistic Limit

This is definitely the first thing you need to do before even thinking of gambling and is the most important rule to follow. When participating in online gaming you need to treat it like an expense or a form of entertainment like any other and have a limit. You would never buy a car you couldn’t afford, or book a holiday that was far too expensive and gambling is the same. One of the key money management tips here is to never gamble online or in real life with more money than you are prepared to lose. Of course, we never play to lose, but it can happen to any of us despite our best efforts. The most successful sports bettors in the world, with in-depth sports betting tips, can do well but they don’t always win. So to keep it fun make sure to set a realistic limit and stick to it.

Don’t Blow it all at Once

Make sure when you are placing bets that you aren’t placing all of your eggs, or a significant percentage of them at least, in one basket. It is easy for newer players to use too much of their bankroll up in a single bet, which if it doesn’t come in leaves little for the rest of the betting session. Break down your bankroll into daily and weekly limits. Or if you have budgeted a certain amount for a Saturday of sports betting don’t blow it all on the favourite in the first race, even if you are really really sure they are going to win. The same goes for money management casino visits. Space the time out, have some fun, and make sure that your set budget is going to last as long as you are planning on staying there for.

Keep A Record of Spending

This may seem obvious but it is easy to lose track of your betting over a longer period of time and have an unrealistic estimate of income and outgoings. Some have a tendency to be over-optimistic and spend more than they are aware of, while others are over cautious, spending far less than their limit meaning they are missing out on more potential money making opportunities. Gamblers that are successful in the long term and manage their bankroll well often keep accurate written records of losses and wins so everything is crystal clear and their budgets are being followed.

Withdrawals

If you are betting successfully and your bankroll is rising, it makes good sense to withdraw your original bankroll amount. This is a big psychological boost because then what you are playing with is pure profit – it’s the house’s money essentially. Then if you build the bankroll up again you can make another withdrawal and so on. Keep in mind not to get overconfident and throw away good money on silly wishful bets because it doesn’t feel like it is your money or losing it won’t matter. It will still hurt if you lose money unnecessarily, cause emotions to rise and that then leads us to our next point.

Don’t Get Emotional

This applies to the positive and negative feelings people can get when gambling. When some people are winning they get a rush as if their luck is in and they can’t lose and can easily make unnecessary overconfident bets. If the high starts to fade they can then go on to chase it which can lead to more bad bets. The same goes for other people when they are losing. They can go on tilt, or get angry, or even desperate when trying to win their money back which can be a dangerous state to be in and end up in even bigger losses that blow the bankroll completely. It is best to keep a level head when winning as much as possible – enjoy it, but don’t let the buzz dictate your betting. Likewise, if you find yourself getting overly negative, take a break, walk away and reassess the situation once you have cooled off.

Summary

Sports betting and casino bankroll management is one of the most important factors in keeping gambling fun and being successful at it in the long term. Make sure to strictly limit your bankroll, stick to it, and work methodically on building it up.

Find out the Relationship between Omaha and Texas Hold’em poker


Most players who have played Texas Hold’em for a long time assume the same rules apply to Omaha; it is not true. While these poker games are somewhat related, Omaha requires a unique mastery of skill. It is commonly referred to as Pot limit Omaha (PLO), and is a type of community card poker game that mimics Texas Hold’em where players are dealt four cards and use only two to make the best hand. To some players, like those in North America, Omaha comprises several poker variants – Omaha Hi-Lo, Omaha/8, and in Europe, there is the pot limit and no-limit Omaha.

Texas hold’em only became popular in the 2000’s due to exposure on the internet, television and famous literal works. Experts attributed the growth to the game’s ability to allow players to determine strategy and make decisions using the hole cards in hand. Before then, the game was just one of the many online poker games played in casinos. The objective of Texas Hold’em is to control the pot, depending on the hand the player is holding. While both Texas holde’em and Omaha have similar layouts of community cards and betting rounds, they have notable differences in the rules, starting hands and structure, among other features.

How to Play Omaha Poker

All the players are dealt four private cards, but there are five community cards dealt face-up on the board. The players use three community cards along with two of their hole cards to make a five-card poker hand. If you are playing the no-limit or the Pot limit Omaha, the game is based on the size of the blind. A $1/$2 Omaha game has a big blind of $2 and a small blind of $1. Betting commences from the player sitting on the left of the big blind.

How to Play Texas Holdem

The operator deals two hole cards face down to all the players. These cards are dealt randomly hence, the player does not have control over the cards he receives. Five community cards are then dealt face up in three stages; the flop, the turn and the river. Every player makes the best five-card poker hand combination along with their two hole cards. The players then make bets before the flop is dealt and the player with the best hand and has not yet folded wins the pot. Two players can also win the hand thus, splitting the award. The game also ends when all but one of the players have folded thus, abandoning any claim to the pot.

Omaha vs Holdem

The Starting Hands

The most notable difference between Hold’em and Omaha is that the latter has fewer starting hands. In Omaha, the player is dealt four cards but only starts with two. It means that if two players have equal hands, one only has a 60-40 advantage over his counterpart. In Hold’em, however, one player has an 80-20 lead over the other player. As such, players are more likely to experience more flops in Omaha than in Texas Hold’em. According to experts, inexperienced players should avoid playing too many hands until they have obtained reasonable experience in playing Omaha.

The Gameplay

As earlier highlighted, Omaha deals four cards to players, but only two are used to make hands. The more the hands, the easier it is to make bigger hands. Most players say that Omaha generates a lot of action compared to Hold’em. Usually, an inexperienced player does not want to fold and wants to keep on playing since he does not understand the strength of the hand. For example, AA is a strong hand in Omaha and Hold’em, but the other two hole cards dealt to the player determine the gameplay in Omaha. In most scenarios the AAxx is not as strong as the AA in Holdem; however, beginners overplay the hand in Omaha, thinking it increases their chances of winning.

Player’s Position

It determines how to play Omaha poker and Hold’em. A late position in Hold’em allows the player to gather as much information about the game compared to his opponents. In Omaha, the late position also allows the player to obtain reasonable control over the pot. Thus, if you make an early position, your opponents are more likely to make larger bets just to beat you. Players are warned against raising pre-flop in an early position when playing Omaha.

The Level of Risk

In Omaha, you are more likely to risk the entire stack than in Hold’em. This is because players allow the cards in the deck to determine the outcome, which makes Omaha such an action game than Hold’em.

The game to make you love betting even more – H.O.R.S.E Poker!


Would you like to learn how to play horse poker? Are you already playing horse poker online and would like to see some useful horse poker tips? Then you have just found the right article! Read through the following sections for an overview of how to play horse poker that will help you play poker online better and achieve profitable results.

Horse poker online is an increasingly popular alternative among players who want to shake things up and diversify their options when they play poker online. It can be both a way to improve your poker skills as well as your understanding of the game in general. In case you’re trying to figure out how to player horse poker, chances are you already know how to play it! This isn’t a new game up poker, but rather one that combines several popular poker games together.

What exactly is horse poker online and why should you try playing it?

Simply put, horse poker online is a mix of five well known games; everyone who can play poker online is likely familiar with all of these separate games, since they’re the most popular poker variants out there. Each letter in the HORSE stands for a different poker game, and to play horse poker online means that you’ll alternate and rotate through all these five games in a fixed limit format.

Each round in a game of horse poker is also known as an orbit, since it revolves around a different game of poker. So while playing horse poker you’ll actually go through separate rounds for the five following poker games, one right after the other:

H: the first round is a game of Texas Hold’em

O: The second round is Omaha Hi

R: The third round is Razz, also known as Low 7-Card Stud

S: The fourth round is Stud, also known as High 7-Card Stud

E: The fifth round is Eith-or-Better, also known as Stud Hi-Lo

In other words, you should already be familiar with all these five poker games if you want to be able to play horse poker! If not, you may want to start by brushing up on the rules for each separate poker game, since that will make things easier for you. We have written separate articles to help you understand how to play all the different styles of poker you have to know about to play horse poker online.

Not only is horse poker online a fun game to play if you want to solidify your knowledge of the most popular poker games out there, but it is also a nice mental challenge –as you have to cultivate some flexibility to be able to quickly alternate between the reasoning most suitable for each separate game. You will find this kind of exercise can be positively stimulating, and it will help you become a stronger opponent whenever you play poker online.

Are there any useful horse poker tips to keep in mind when you play poker online?

Since horse poker involves five different games, the first and most obvious horse poker tips to keep in mind is to clearly learn the rules to each of the separate games. While this should sound like an obvious requirement, you’ll be surprised to notice that many people sitting for a game of horse online are not fully clear on all the rules for each game! While a bit shocking at first, this realization will also suggest to you that you can really edge up on the crowd by simply improving your understanding of each of the give games that you will orbit through while playing horse.

While there are five different games involved, learning the rules to each separate game is not really that challenging, since it’s essentially still poker playing in slightly different variations. By working just a little on developing a strong grasp of all five games, you will find that most opponents will come across as very soft to you, especially in the less known R, S and E orbits! You can absolutely use this to your advantage; since a little work on each of these games (Studd, Razz, and Eight-or-Better) will help you secure a strong competitive edge and easily overcome other players.

You should also find best results by playing the biggest pots in the aforementioned games, since typically in most online HORSE sessions, that’s where most players will fall apart and play with little attention and effort. This is something you may want to use to your advantage!