In poker, next to enjoying the game is the earnings. For some of the poker players the emotion of the game is more important, but for others money are substantial. if you want to win money you need to know in which form of poker game (Limit or No Limit) to participate and how to use money management.
The first thing you should do when you enter an online poker room is to choose at which table you will play. If you are a beginner in playing poker it is better to join the Limit poker games. In such games you have a preliminary defined buy-in, which is the same for all of the players. In No Limit games you can wager all the chips you have whenever you want. If you are playing just to learn the rules of the game, nothing will improve your poker skills as playing at a Limit table. If you are playing poker for entertainment, choose your table according to where you will have the most fun. Surely at the No Limit tables your adrenaline will be higher and you will have more fun.
If you are a new Party Poker player, you should try the Limit games first and when you are convinced enough in your playing skills, you could join the higher stakes games. Part of the Limit games are Pot Limit games. There aren’t many differences between the Limit and Pot Limit poker games except of the amount of chips you are allowed to wager. In every Pot Limit game there is a maximum buy-in amount, which is equal to the size of the current pot.
To know where to play is as much important as to know how to play. When you play be careful about your bankroll and the most important – learn to manage your money. Your ‘bankroll’ is the amount of money you can potentially lose while playing poker. You may follow some simple management rules to protect your chips. First of all you should have enough money to enter the hand, which will give you the chance to have a good play. Don’t play too fast at the table, in 90 percent this act will make you a potential looser. Those players, who use to play too fast don’t even think that someone else can have a better hand.
It is not really a good idea to use your bankroll for some other bills than poker. A very good idea is to put your bankroll in a box and when you decided to play poker to open it and take the money you need. If you win, put the sum in the same box and use it again just for playing poker.
So when you are ready to play, don’t forget to participate only in games that fit best to your skills. If you are playing quite well and you have a good luck, don’t hesitate to stay in the game even if you are losing at the moment. But if you lose for hours, leave the game immediately and try to find a table with Low Limit poker game. It means that if you lose too much at a certain limit, step down a limit or two until you are trained enough to play in higher limit games. Make a list of your winnings and losses and the games you play in. In this way you will realize in which game you are a better player and you could play it more often.
One of the most important things you should consider is the reason you play poker for. If you have a regular job and you play not for money but for relax and fun, all the money you win or lose won’t be so important for you. But if all your resources come from playing poker you should be very careful about what you wager.
As you see managing your bankroll is also very important thing as knowing the basic rules and strategy of poker. You should remember one thing – everybody wants to win more often, but if you want to make money by playing poker you must know your table limits and how to manage your bankroll.