Poker Bankroll Requirements
Wed, 18 Nov 2009 20:11:06 +0000
Online casino gambling is fast becoming a trend among players who want to try out their luck over the Internet. One of the most popular games that are played in online casinos is roulette. As a game that relies mostly on Lady Luck and Dame Fortune, the game of roulette has become a booming attraction among online casinos.
Below are a few online casino sites where you can play roulette either for pure fun or for real money.
OnlineCasino.com – Online Casino Roulette
Online Casino is one of several Internet casinos that feature a special area for roulette. At this online casino site, you can learn about the basic roulette rules and game play. Find out what a Street, a Dozen, and a Straight Up means through this online casino’s large roulette archive. Know the difference between American Roulette and European Roulette and some miscellaneous information on the game. You can even discover some hidden advantages in roulette gaming and bankroll management with this great online casino website. Moreover, if you want to practice and improve your game, you also have the option to play free roulette and get the chance to win real casino credits.
CasinoKing.com – Online Casino Roulette
Casino King is an online casino site where you can play and learn the game of roulette for free. Or if you’re a seasoned player, you can also open up a real money account with this online casino and start spinning your way to real bucks. The Casino King online casino software is available for free download and requires the following minimum requirements: Windows 2000/98/NT/95, Pentium 100MHz, 8MB RAM, SVGA 256-color Monitor, and at least 10MB free Hard Disk space. For smooth online casino roulette gaming, a 16-bit high color monitor set to a screen resolution of 800 x 600 is recommended.
RiverBelle.com – Online Casino Roulette
Get a chance to harness your roulette skills by playing for free at River Belle Online Casino or play for real money and pit your luck against those of other players. This online casino offers a free Viper software which you can download to start playing over 110 superior casino games, including poker, roulette, and many more. You can also opt to go for instant winnings with their no-download Flash online casino. This online casino site offers some great bonus and cash comp incentives if you sign up for a real account with them. Get up to 100% match bonus of up to $250 free upon first deposit.
Optimal sit ‘n’ go tournament strategy is much different than cash game strategy and offers less variance and swings than multi-table tournaments. You need a much smaller bankroll to play one table sit ‘n’ go tournaments than to play larger field tournaments. Because the players at sit ‘n’ go tournaments tend to be less experienced than cash game players, and due to the lack of published literature on proper sit ‘n’ go strategy, it is my format of choice. There are many exploitable subtleties to the format that will allow skilled players to make more money per hour with less variance (or swings) than any other structure within any given bankroll limitation.
Most internet poker sites offer a good selection of sit ‘n’ goes that can fit practically any bankroll size. The difference in skill level of your opposition at these games can vary quite a bit, for the sake of simplicity I will be addressing small stakes No Limit Hold ‘em sit ‘n’ goes, say $10-$50 buy in, ten player, events. We’ll assume 1000 in starting chips and blind rounds starting at 10- 20 and progressing relatively quickly. I’m going to list the most important concepts in sit ‘n’ go strategy.
Patients
Position
Implied odds
Aggression
Most small stakes sit ‘n’ goes are reminiscent of Wild West shoot outs. They could be described as loose-aggressive, high action games. Patients will be the most important element of long term success in the face of such “carnage”. Many of the players who are attracted to these games are the players who watch a lot of televised poker and believe No Limit Poker to be a game about bluffing, fancy plays, and all-in moves. When I refer to patients I am advocating an extremely tight playing style, particularly in the first two or three blind rounds. In the first blind round you should be folding almost every hand you get. You’re just looking for one hand to play to double up and or bust someone. When you finally do enter a pot you will be entering with a raise, not a call with premium hands, really only AA-TT, AK and AQ. When you play those hands you will be playing them aggressively, raising three to four times the big blind and trying to hit a flop and get all the money in. You will also play speculative hands in the early stages when you can play for a very small portion of your stack, never more than 8% and only from late position. When you play a speculative hand such as a small pocket pair or AXs, you will be looking to flop a monster or a draw to a monster so you can double up. You can also play good suited connectors like JTs or T9s from the dealer or cutt- off position.
When the blinds start getting larger, say the fourth blind level, you will have to start playing more aggressively from late position. You’ll also have to open up your starting hand requirements; your goal is to steal one round of blinds per orbit by raising in late position with hands like AJ, ATs, and 77. If you can double up one time in the first three rounds, you will then be able to succeed just by maintaining your blind position throughout the rest of the tournament. With all the wild players getting in massive confrontations over huge swing pots it is important to stay out of trouble when at all possible. Remember, when one guy busts every other player at the table and only the two of your remain, even if he has four times the chips you have, you are still guaranteed at least 3 buy-ins. That’s a very good result for the amount of time it takes to play your average sit ‘n’ go. Sit ‘n’ go tournaments are about survival. You have to protect your chip stack while looking for low risk opportunities to double up. Once you’ve obtained a comfortable stack, you have to maintain your chip position by looking to pick up some blinds with strong hands in late position. If you’re the type of player who likes to push small edges and play for first place, maybe these tournaments aren’t right for your style of play. The pay out structure rewards survival. You are penalized, mathematically, for winning a sit ‘n’ go tournament. You will have captured 100% of the chips and only be awarded 50% of the money. Let’s assume a pay out structure in which the winner takes all, you would only have to win 2 out of 10 tournaments to double your buy-ins and get a 100% return on investment (disregarding the house fee). If you win 2 out of 10 sit ‘n’ goes you without any 2nd or 3rd place finishes you will actually be losing money. Conversely, if you took second place in a winner takes all event 4 times in 10 but never actually won one, you would lose 100% of your investment, the same as a player who bust