Poker Winner Blog

The rowdiest game in the casino is dice, also called craps, a fast and exciting game with a language of its own. Players shout, cheer, scream, curse and gesticulate. The shooters elaborately shake the dice, blow on them for luck and yell for them to fall on the desired score, while the stickman commentates incessantly. For novices, dice appears complicated due to the arrangement of the layout and the terminology used, but it is actually quite simple once the basic aim of the game is understood. Craps is extremely popular everywhere, not only because it is fun to play, but also because it is the best value game in the casino. The house advantage on some bets is less than one per cent. Read the rest of this entry »

Gaming is all about winning and losing, so it makes sense to manage your money effectively. It is very easy to get carried away by the excitement, and lose your stake. By understanding the rules of the game, the odds paid, the chances of winning, and when to quit, players can ensure their casino experience is pleasant.

Gambling should be treated like any other form of entertainment. Expect to spend your money and have a good time doing so. Unfortunately most gamblers not only want to win, they actually expect to win and can take it extremely badly when they lose. Once the initial stake has been lost, they attempt to get it back by making increased bets. Most gamblers do not keep records of how much they win or lose. Big wins are fondly remembered, while losses tend to be forgotten. Even professional gamblers can delude themselves into thinking they either always win or break even. Read the rest of this entry »

In the USA you will find the record useful if you have a big win, as gambling wins are subject to tax. Players can offset gambling losses against winnings, but the IRS requires players to keep an accurate record of dates, bets made, address of gaming establishment, names of people with you and the amount won or lost. Comps also count as winnings. In addition, proof of expenditure, like casino receipts and bank records, will need to be shown if you are audited. Read the rest of this entry »

How much money do you need to keep from going broke if you’re a professional and poker is your paycheck?

A professional poker player should realize that every dollar she wins will not be added to her bankroll. After all, she has to pay rent and buy groceries just like anyone else, and her only source of income is her winnings. Lose, and she pays her bills the only way she can: by dipping into her bankroll. But there’s a limit to how deeply she can dig without putting herself in jeopardy. Read the rest of this entry »

By avoiding marginal situations that require you to put additional money into the pot when it’s a close call, you can play with a smaller bankroll. If you’re a winning player, you’ll eventually win just as much money. It will just take more hours at the table to reach your goals.

There is no right or wrong way to put money at risk in a poker game. Some people are comfortable with a high level of risk and have the bankroll to accommodate the fluctuations, which inevitably accompany this kind of play. Read the rest of this entry »