A Poker Bankroll Guide For Beginners

May 18th, 2010

A bankroll is something that is vitally important for a poker player to acknowledge. With a bankroll you are a poker player, without a bankroll you are just another gambler.

Online poker is so popular that the big sites see thousands of players across their networks at peak times. You can get all the poker action you are looking for right online, you don’t need to plan a trip to the casino, the stakes are often higher and the buy-ins cheaper and the point of playing is to leave the game with more than you started. This means building a bankroll and managing it. 

There are plenty of learned poker players out there who are just waiting to relieve you of your money, so the sooner you learn this the better. The true poker “wannabees” are far more sensible – more cautious and they know that to be taken seriously they need a bankroll. These players are not necessarily more strapped for cash, or maybe they are, but what they definitely are, is more cautious.  
 
You don’t need a ton of cash to get a poker bankroll started, Chris Moneymaker did it with nothing essentially. He had $39 and turned it into $2.59 million by the time he had finished at the final table on the WSOP tour – he started playing on Poker Stars.  
It is not quick and it may not be easy, but building a bankroll is attainable and if you want to be taken seriously as a poker player, you need a bankroll. You will also find this makes you take yourself a lot more seriously. 

An online poker bankroll is the amount of money you have in your cashier account. These funds are supposed to stay in that account and you are expected to grow them so that you have access to higher and higher stakes games. This means not withdrawing from that account, and it means not taking out your credit card to buy casino chips every time you think you need them. Poker playing bankrolls and personal money should always be kept separate. 

Of course once you become a poker star and you have earned a couple of hundred thousand in your bankroll, why not go ahead and award yourself a salary for a job well done! 

The basics of building a poker bankroll from an online purists point of view, is by visiting a good poker site and taking advantage of free chips, even if this is only $10. You then familiarise yourself with the free play tables and play on micro limit tables. These have tiny limits 2c and so on. A $10 bankroll is fine for this!  

Play some micro limit freerolls, and win, play till your bankroll gets to about $50 while improving your poker skill, then hit some of the bigger prize freerolls. Keep building your bankroll in this way and move up the limits. Then open an online e-wallet such as Neteller or something more suitable for the US Player and you may even be able to take your bankroll in to games at other sites. Just remember the bankroll has to keep growing and this is your guiding principle. GL and have fun!    

Rules For Playing 27 Triple Draw Poker

April 27th, 2010

2-7 means deuces to 7 and this is where the game 27 Triple Card Draw tells you what the game is about. Triple Card Draw, means three drawing rounds, which means four betting rounds and the 2-7 indicates this game means a low poker (lowball) hand wins. 
 
In this “draw game” players are dealt five cards and are able to discard from zero (stand pat) to all five cards on the draw and receive the same amount of replacement cards. On any of the draws you may change your cards or stand pat and the aim of the game is to get the best low hand possible. The best hand possible is 7, 5, 4, 3, 2 and this is the “nuts”, just remember in this game Aces are high.  

You are able to play with a hand from J, 7, 4, 3, 2 of all the same suit or a flush, however this hand rarely wins.8, 7, 6, 5, 4 is a straight and it is slightly better. 7, 6, 5, 4, 3 is a lower straight, and things are starting to look up, while 5, 5, 5, 6, 3, looks even better. 

As you can see this is not the poker we have all grown up with and are used to playing, where A, K, Q, J, 10 rules and in lowball poker games, you just have to switch the game around. Playing Hi-Lo poker, players do get some practice, because if they don’t have the possibility of making a high hand, they can play for the lowest; the prize pot is split. 

All draw poker games are played with blinds in the same way as flop (community cards) games, and after the big blind the first player has an option to fold, call or raise. Once the first betting round is complete a draw takes place and any unwanted cards may be discarded. To the left of the button another round of betting takes place after the draw, so there are three draws in total and four rounds of betting in 27 Triple Card Draw. 

After the fourth betting round a showdown takes place if this is necessary and more cards may be needed for the third draw, in which case a new deck is reshuffled and used. The showdown will finally determine the winner and the best five card 2-7 hand wins. If two or even more hands are equal, the prize pot is shared between these players and no rank of suit is used to determine a winner.  

The way in which 27 Triple Draw Poker differentiates itself from other forms of Hi-lo poker is in the Ace. In all other variations of the game the Ace can be high or low, in this game it is always a high card as we have already mentioned.  

There are plenty of online poker sites where this and many other games of poker may be played for free to sharpen your skills, and this is only one of the many blessings of playing online poker. Poker schools are another feature and if you fancy a lesson from a pro, you have to play online it is rarely going to happen any other way.

Bet Limit Omaha Poker Hi-Lo – Learning the Rules and Tips for Strategy

April 15th, 2010

Because Omaha Poker is the second most frequently played poker game, it is important to practice your game, be completely familiar with rules and basic strategy and learn how to become a winning player. Poker is THE thinking mans game so study is necessary for all levels of play.

Omaha Hi-Lo, bet limit games are in a category of their own and understanding the basics of how the game works, first, before you play is definitely to your advantage. At some stage you will find yourself playing competitively because this is what playing poker is all about.

Different levels of play involve different player tactics and what may work for beginner level Omaha Poker Hi-Lo, will not apply in an intermediate or expert level game. However the basic strategy of any game of poker always remains the same and strategy is always derived from the rules of the game.

One of the best places to learn the rules of poker is in an actual game, but not if you are betting money on it. Free games are available online, and this is probably the best place to play.

Bet Limit Omaha High Low Poker has two to ten players per game and the winners split the prize pot; the highest winning hand, with the lowest qualifying hand. In each hand any two hole cards need to be combined with three community (or board) cards to make a hand. To qualify for the low hand, cards need to be 8,7,6,5,4 or lower and the Ace acts in both high and low capacities. High hands are obviously above the “8″ card!

The players are dealt 4 face-down cards each and 5 community cards are dealt into the centre of the table, face-up thus; 3-1-1 in three betting segments. Once this is done the player have to combine their hole card with the community cards to make a hand. They may use any hole cards with any three community cards.

The betting procedure is thus: a forced “Small Blind” is called before dealing the four face-down cards. This is required to be at least half the minimum bet. One player makes the “Big Blind”, also forced, which is the minimum bet. This player is determined by the set of the “Button” in relationship to the dealer. After this the 4 cards are dealt to each player.

The player on the left of the Big Blind, bets, raises, or folds and in a clockwise direction, so do the other players. The small blind may fold and still only lose half the minimum bet, but the Big Blind must act last, then the 3 community cards are turned up. More betting continues, but no more bets are forced, and at each turn another community card is revealed until the final, the “River” card is revealed. This is the signal for the last betting round to take place, and the players reveal their hole cards, and their hand. Winners with both low and high hands split the prize, bet there isn’t always a low hand winner. These hands have to be of five denominations that are no higher than 8′s and it is for this reason that the game is often also called Omaha 8!