Notes

What Online Poker Stakes Should You Start With?4 Arguments You?ll Run Into YOUR OWN HOUSE Poker Game.7 High Limit and VIP Gambling Facts You Should Know (Even when you?re a Low Roller)
Online poker is a wide-open game that has numerous stakes. It is possible to play no limit cash games which range from $0.01/$0.02 to $50/$100.

This variety is nice from the standpoint that it gives you plenty of places to start your online poker career. It also allows you to intensify to bigger limits hoping of getting more profits.

The only real problem, though, is that you?ll also have a tougher time determining where you should begin. Many players think the cheapest limits are the best place to enter the game.

But as I?ll cover below, you should consider more factors than simply the cheapest limits. Having said that, I?m likely to discuss more on online poker stakes and how you can decide where to begin.

Online Poker Supplies the Lowest Stakes and Has Free Games
When compared to land-based poker, online sites provide lowest possible limits in the overall game. The micro-stakes feature blinds as low as $0.01/$0.02, which most players can simply afford.

You don?t have even to risk any money when playing internet poker. It is possible to simply jump in free games at poker sites or work with a social gaming site.

The best thing about micro-stakes and free poker is that you can practice without spending much or anything at all. This low risk factor means it is possible to minimize losses and soon you improve your skills.

Many people begin playing social poker or micro limits for this very reason. The stakes are so low that they don?t stand to reduce much, even though they play badly.

Sometimes Micro-Stakes and Free Poker Aren?t Great Starting Points
If your web poker goal would be to simply play a few hands and have fun, then free games and micro-stakes are perfectly fine. In fact, you?re better off playing these games as a casual player so you don?t have to face off against highly competitive grinders.

But if you have aspirations of upgrading the limits and winning bigger profits, then your lowest stakes aren?t for you. The chief reason why is that your competition is mostly terrible.

Free internet poker and social gaming sites are the absolute worst. They feature numerous players who don?t really value strategy, because they?re just pushing around fake chips.

Of course, you?ll find some individuals who take these free games seriously. However, they don?t study enough strategy to pose a threat to skilled players.

The micro-stakes competition is slightly much better than what?s observed in free and social games. Nevertheless, you?ll still find plenty of inexperienced players and also idiots who go all-in on almost every hand.

These games are good in the event that you?re looking to win a dollar roughly every hour. Again, though, they don?t present any real competition once you?re already a reliable player.

Going further, you won?t improve by playing against weak competition on a frequent basis. Whatever you?ll be doing is accumulating tiny profits against bad opponents.

Some grinders go out of their means of avoiding this scenario by using reverse game selection. This plan identifies finding tough opponents at your usual stakes.

The idea is that you?ll eventually turn into a much better player by testing yourself against the best at certain limits. Famed high-stakes player Dan ?Jungleman? Cates used reverse game selection to boost when he couldn?t beat $0.25/$0.50 NL hold?em in early stages.

You don?t have to go this far to improve as a new player. But reverse game selection shows how successful players think when it comes to competition and improving.

Use Your Bankroll to find out an excellent Entry Point
You can view where playing free poker and micro limits aren?t likely to help you much over time. But how can you start determining where you easily fit into as a new player?

A sensible way to figure this out is by finding cash game stakes you could comfortably afford. Your bankroll is definitely the best way of measuring determining this.

You wish to choose limits that enable you to have a comfortable amount of full cash-game buy-ins (100 big blinds). More buy-ins give you a stronger potential for surviving downswings and poor play in the beginning.

Another question becomes how many buy-ins you need for certain limits. It?s commonly suggested that you have at least 20 buy-ins for the chosen stakes.

Assuming you?re new to online poker, though, you should consider upping this total 25 to 30. In case you?re familiar with live poker, it?s good to possess more buy-ins so that you have a more impressive cushion when adjusting.

Here?s a good example of choosing limits based on your bankroll size:

You have $5,000.
5,000 / 25 = 200
200 / 100 (big blinds) = 2
You should start out with $1/$2 NL cash games.
As you become a far more experienced and better player, you should consider choosing limits predicated on 20 buy-ins. But again, having 25 to 30 buy-ins gives you more comfort while learning the overall game.

Won?t I Get Crushed When YOU START WITH Bigger Stakes?
The largest fear that players have about starting at higher limits is they?ll get crushed. Many poker players don?t even desire to play at $1/$2 NL tables in the beginning for fear that they?ll lose big.

Needless to say, these fears subside in the event that you?re willing to play seriously and improve. Chances are that you?re not going to dominate $1/$2 NL and above immediately.

However
You can at least minimize your losses by studying opponents, learning poker strategy, and only playing a single table at the same time.

As for observing your opponents, some online poker beginners aren?t good at paying attention to the games. They?ll surf the web, listen to music, and also watch YouTube videos in between hands.

These habits aren?t so very bad if you?re like the micro-stakes players I discussed earlier who would like to have a little fun. Nevertheless, you won?t get any better if you?re not learning how to study and read opponents.

Regarding playing an individual table, some beginners get bored with waiting on others to act in hands. They?ll open another table or two and start multi-tabling.

Multi-tabling is a superb way to increase your profits when you?re already a winning player at certain stakes. However, this practice only accelerates losses once you don?t have a good win rate.

You intend to instead thoroughly throw yourself into one table and keep learning other players? tendencies and soon you?re a winner.

As for poker strategy, there?s no end to improving your game. Of course, you likely don?t have all day to study poker tips.

A sensible way to handle that is by dedicating a minumum of one hour to technique for every four hours you play. You especially want to keep up this ratio in the beginning, as you?re learning to turn into a stronger player.

Studying poker strategy helps you figure out how to deal with difficult situations and implement new techniques. By maintaining your playing, you can apply what you figure out how to the felt in every new session.

Poker strategy will come in a variety of forms, including articles, books, video tutorials, and Twitch streams. Twitch is particularly helpful, because it permits you to watch how pros play the game and never have to spend a dime.

Ideally, you?d manage to start at the cheapest online poker limits and properly learn the overall game. The reality, though, is that micro-stakes and free games make poor starting points for those who have higher aspirations.

The largest problem with low-limit games is that you don?t face any real competition. The majority of the players don?t care much about strategy, although some are completely screwing around.

The only real advantage to free and micro-stakes tables is that you don?t need to risk much. However, this benefit doesn?t mean much to be able to turn into a better player.

Your best bet is to use your bankroll as a measuring stick for where to start in the game. If you?re totally new to online poker, It is suggested picking stakes where one can cover at least 25 cash-game buy-ins.

Of course, good bankroll management alone won?t help you be a winner. You also need to steadily improve your skills by learning strategy.

Poker strategy is all on the internet, so you shouldn?t have any trouble finding resources. By way of a mix of experience, bankroll management, and learning strategy, it is possible to work your way up the limits and become a successful player.For pretty much 2 decades, I?ve had the pleasure of playing at tons of home poker games. While I enjoy playing poker in such a casual setting, one of the things I hate most is when players get into arguments about something happening in the game.

In this website, I?ll walk you through four common arguments you?re sure to encounter at some time when playing poker games. After introducing you to each potential argument, I?ll walk you through possible solutions you should use to help avoid having these arguments and keep things running more smoothly.

Below, I?ve included a preview of the four arguments you?re most likely to run into your own house poker game. Once you learn you?d prefer to skip ahead to 1 of them now, just click on the section?s title.

The Blind Structure
PROBLEMS WITH Someone?s Dealing Ability
The House Rules
COPING WITH Slow Players
The Blind Structure
The first argument you may come across when playing at a house poker game is about the blind structure. Through the years, I?ve seen arguments develop about how exactly fast or slow blinds are moving. On top of that, it?s also easy for disagreements to arise about the quantity of increase between each level of blinds.

The Solution
When hosting a home poker game, it?s your decision to set the tone for the blind structure. The easiest way to avoid arguments would be to have the blind structure determined prior to the game even begins. This way, you can announce how it?s likely to work and obtain into playing poker quickly.

Poker Table with Casino Chips, Big Blind Yellow Tag, Hand Holding Cash

Your other option is to take a vote with the group of players prior to the action begins. However, in my experience, this is often once you?ll have to deal with arguments due to differing opinions on what fast blinds should move up and at what rate.

As a host, you really should visit our page on the various betting structures. On this page, you?ll manage to learn about the various potential forms of betting and blind structures. It is possible to determine what the optimal blind structure for your home games ought to be.

Issues With Someone?s Dealing Ability
Another argument I?ve seen appear quite a bit at home games through the years relates to issues with a player?s dealing. Whether they?re dealing too slow or not burning cards properly, this is something you?re sure to come across at some point.

There can be a variety of reasons behind a person?s problems with dealing. Predicated on my experience, the problems usually arrive from nerves, poker experience level, or inebriation.

No matter which of the may be the core for the issue, it?s not fun being at a table with a dealer who isn?t dealing correctly.

Unfortunately, if this continues for some time, someone might say a thing that?s sure to set off an argument at the table.

The Solution
It can be a bit embarrassing for the person who?s having trouble dealing. From my experience, it?s often a player that?s new to the group. In any case, I?d suggest trying not to embarrass them in front of the players at the table.

TIP:
In the event that you?re at a table with a problematic dealer, play the role of understanding at first. Instead of calling them out on it, get in touch with the overall game host on the next break.

As the game host, if something like this is ever brought to your attention, my suggestion would be to pull the player in question aside to discuss the concerns using them and see if you can assist them in getting more comfortable with dealing. You can always suggest they allow another player near them to deal instead should they?re not prepared to continue dealing at that time.

Finally, if you?re seeking to brush up on your poker dealing skills, browse the page linked below. Here, you?ll learn everything you need to learn about dealing Texas Hold?em, the most famous variant of poker.

How exactly to Deal in TEXAS HOLD EM
The House Rules
I can?t let you know how many times I?ve come across this argument. Unfortunately, almost all of the games I attend almost always have a small number of ?know-it-alls? who continually tell ordinary people how to play the overall game. One of their favorite arguments relates to how it?s done at our local casino.

However, when playing at a house poker game, you?re not at your neighborhood casino or the planet Series of Poker. Instead, you?re a guest in someone?s home, and their house rules connect with the gameplay.

The Solution
If you?re a guest at someone?s home game, you?ll need to respect their residence rules. Rather than announcing how things are done elsewhere, defer to the host if an issue comes up. There?s nothing wrong with asking the host how he?d like to handle situations should you have a disagreement with another player at your table. Ultimately, never forget it?s their house and their game. If you don?t like it, don?t play their game in the foreseeable future.

People at Poker Table, Casino Chips Spread Out, House Rules Text

For hosts, I believe it?s essential to establish a clear set of rules before every game begins. That way, all your guests know what to anticipate. If an issue is brought to your attention through the game by another player, do your very best to produce a quick and fair ruling on this issue to allow the gameplay to continue.

COPING WITH Slow Players
Finally, the final issue you may cope with which could cause arguments at your home poker game pertains to players who are slow to do something. Whether it?s putting out their blinds, making a bet, or any decision concerning the game, some players, unfortunately, take too much time to get things done.

Luckily, I haven?t dealt with this too much within my home poker games, however when it has happened, it more often than not leads to a heated argument when someone brings it up to the player in question.

The Solution
Much like the problematic dealer section above, players that are slow to act can feel embarrassed if the situation isn?t handled correctly.

Should you run across a slow player, my first suggestion would be for you to be patient and see if it just happens a few times or if it?s happening every time.

If it continues to occur, get in touch with the host of the game to see if he is able to chat with the player about any of it on break.

As the host, be sure to convey to the player that you?d prefer to keep things moving at a good pace. From my experience, some players don?t realize how long they?re taking to make a decision until someone tactfully points it out. For the long term, if the ball player continues to take forever to play, it may be best never to invite them if it causes too many problems for the rest of the group.

Wrap Up
Hopefully, the information on this page is helpful to you. Whether you?re already dealing with some of these arguments at home game or if you?re just looking to be better prepared, my suggested solutions will be able to assist you in keeping these problems from becoming potential issues.

If you?re not used to this site and you also enjoyed everything you found here, make sure you take a short while to see the different ways this website can assist you. You?ll find detailed gambling site reviews, guides to casino games, and many more to help you get the most from your favorite types of gambling.
High rollers have a certain mystique in the gambling world. The reason being VIP gamblers benefit from the finest that casinos have to offer, including penthouse suites, private tables, and limousine transportation.

Low rollers could find all this unattainable based on their bankroll. Furthermore, they might forget about betting high limits altogether.

Truthfully, being a high roller isn?t impossible. You may even be thinking about the VIP gambling facts if you happen to ever obtain the opportunity.

That said, keep reading as I discuss 7 important facts that both high and low rollers should know about VIP gambling.

1 ? High Rollers PROGRESS Rules
A blackjack player who bets $100 per hand obviously has more value to a casino than someone who wagers $5 per hand. Gambling establishments reward these higher bets by offering better rules to VIP gamblers.

Blackjack is a perfect example because casinos frequently have better rules for high limit tables. In contrast, low limit tables give the casino a straight bigger advantage.

Check out the differences between some Las Vegas blackjack tables:

Aria ? 0.255% house edge with $100 minimum bet.
MGM Grand ? 0.255% house edge with $100 minimum bet.
Treasure Island ? 0.255% house edge with $100 minimum bet.
Bally?s ? 0.285% house edge with $100 minimum bet.
SLS Las Vegas ? 1.554% house edge with $10 minimum bet.
Boulder Station ? 1.698% house edge with $5 minimum bet.
Cosmopolitan ? 1.830% house edge with $15 minimum bet.
Golden Nugget ? 1.998% house edge with $10 minimum bet.
This extends beyond blackjack because other table games like craps, roulette, and poker can offer better deals to high limit players.

For example, French roulette (1.35% house edge) might only be wanted to players who bet $50 or more per turn. American roulette (5.26%) is then open to each of the lower rollers who wager significantly less than $50.

Casinos can provide better rules to VIPs because they still stand to create more money off them. Here?s a sample comparison between high and low rollers:

High Limit Blackjack Player

Betting $100 per hand.
Plays 6 hours.
100 hands each hour (600 total hands).
$60,000 total wagered.
House edge is 0.3%.
$60,000 x 0.03 = $180 in theoretical losses.
Low Limit Baccarat Player

Betting $10 per hand.
Plays 6 hours.
100 hands per hour (600 total hands).
$6,000 total wagered.
House edge is 0.3%.
6,000 x 0.003 = $18 in theoretical losses.
Even though high limit players are facing a lower house edge, they?re still losing more because of their bet sizes. But if you have more thrills out of betting more per turn, then you might as well take advantage of the low house edge too.

2 ? High Rollers Can Negotiate for Better Rules & Comps
Many table game players who bet $50 or even more can anticipate good rules like the ones discussed above. But serious high rollers can even negotiate for better rules and/or comps dependant on the casino.

A great example of this is famed blackjack player Don Johnson, who negotiated for such good rules he won over $15 million.

Following the Great American Recession, Johnson knew that Atlantic City casinos were desperate. This year 2010, he approached them about playing blackjack for $100,000 per hand.

The casinos were willing to negotiate because Johnson was playing for such a significant amount. Plus they initially offered him standard comps, plus special perks such as a private jet flying him out to their casino.

But Johnson wasn?t thinking about any lavish comps. Instead, he wanted the best blackjack rules along with a loss rebate.

Johnson got such good blackjack rules that he was only facing a 0.25% house edge. But where he really took the casinos is when he got a 20% loss rebate that reset each day.

This meant that he could lose $500,000, but actually only lose $400,000 thanks to his loss rebate. The casino, on the other hand, didn?t get any rebate if they lost money.

This allowed Johnson to win $5.8 million from the Tropicana, $5 million from the Borgata, and $4 million from Caesars.

I?m not saying that you?ll suddenly win a lot of money like Johnson because you negotiate for good rules and comps. But this story illustrates just how much leeway casinos are prepared to give their finest customers.

3 ? High Limit SLOTS Have Lower House Edges
As an over-all of thumb, land based slot machine payback goes up alongside coin denominations. Because of this you?re going to get higher payback from the $5 slot machine game than you will a cent game.

Here are the general ranges for what you can get from each coin denomination in brick and mortar casinos:

Penny slots ? 10% to 15% house edge
Nickel slots ? 8% to 15%
Dollar slots ? 5% to 6%
$5 slots ? 5% to 3%
$25 slots ? 3% or better
The problem is that it?s really hard to get payback for individual machines in land based casinos.

The reason why is because each casino can order different payback for a particular game. For instance, Game of Thrones slot may offer a different payout percentage in the MGM Grand than it can at Circus Circus.

Nevertheless, it is possible to still use coin denominations as your guide when looking for higher payback.

The increased payout percentages are definitely one reason to play high limit slot machines. But just remember that you?re still going to lose more money normally when increasing your bets.

Here?s an assessment that illustrates theoretical losses on high and low limit slots:

High Slot Machine

$5 per spin.
600 spins per hour ($3,000 in total bets).
Play for 4 hours.
4 hours x $3,000 = $12,000 altogether bets.
5% house edge.
$12,000 x 0.05 = $600 in theoretical losses.
Low Limit SLOT MACHINE GAME

$0.25 per spin.
600 spins each hour ($150in total bets).
Play for 4 hours.
4 hours x $150 = $600 in total bets.
10% house edge.
$600 x 0.10 = $60 in theoretical losses.
This is another instance where you should benefit from higher payback in the event that you enjoy betting more per spin anyways. But don?t get carried away with the truth that dollar machines offer high payback.

4 ? Table Limits Prevent Players from Effectively Utilizing the Martingale System
All casinos have limits to how much it is possible to bet on table games.

However, many gamblers wonder why casinos have limits to begin with. After all, you will want to let simply let players gamble whenever they want?

One big reason is because casinos desire to prevent gamblers from winning money with the Martingale system. As you may know, the Martingale calls on players to double bets following every loss.

This doesn?t overcome the home edge for any game. However the Martingale is perhaps the only gambling system that works in theory.

The reason why is because this strategy always can help you win back losses, plus a small profit. However the major downside is that you practically need an infinite bankroll to make sure you don?t lose everything during a horrific losing streak.

Some gamblers may not have trouble with this, though, should they?re insanely wealthy.

For instance, let?s say that Amazon?s Jeff Bezos walks right into a casino along with his $100 billion net worth. And he?s betting $5,000 per hand on blackjack, if which only represents a fraction of his bankroll.

Even though he loses 10 straight hands, he?s never going to get close to blowing everything. Here?s an example of how this would work with the Martingale:

Bet $5,000 and lose (bankroll at ? $5,000).
Bet $10,000 and lose (bankroll at ? $15,000).
Bet $20,000 and lose (bankroll at ? $35,000).
Bet $40,000 and lose (bankroll at ? $75,000).
Bet $80,000 and lose (bankroll at ? $155,000).
Bet $160,000 and lose (bankroll at ? $315,000).
Bet $320,000 and lose (bankroll at ? $635,000).
Bet $640,000 and lose (bankroll at ? $1,275,000).
Bet $1,280,000 and lose (bankroll at ? $2,555,000).
Bet $2,560,000 and lose (bankroll at +$5,000).
I?m sure that Jeff Bezos has more profitable things you can do than play blackjack for $5k per hand. But that is just one exemplory case of how a casino could possibly be beaten on a consistent basis by someone by using this system.

The other major reason why casinos use betting limits is basically because some don?t want to be burned by gamblers on a hot streak. The story of Tom Breitling and Tim Poster perfectly illustrates this point.

Breitling and Poster bought Vegas? Golden Nugget casino for $50 million in 2004. This was an individual investment, meaning the duo didn?t have the funds of a significant corporation.

Regardless, they began offering low house edges and high limits in an effort to attract big gamblers. Golden Nugget did very well with this strategy for almost a year.

But a higher roller won $8.5 million and destroyed the casino?s profit for the entire year. Breitling and Poster thought we would instate more traditional betting limits after this.

5 ? Online High Rollers can Get Higher Deposit & Withdrawal Limits
Online casinos also have VIP gamblers who are ready to wager high amounts.

And just like brick and mortar casinos, they?re willing reward their finest customers by means of larger comps and special perks. One of these brilliant perks includes higher deposit and withdrawal limits.

Online casinos have minimum and maximum amounts on both deposits and cashouts. However they?re willing to lift these for high rollers.

For example, the normal limits might be $5,000 for a deposit and $3,000 for a withdrawal weekly. But this may be risen to $10,000 for deposits and $6,000 for cashouts for special VIPs.

The obvious reason behind the special treatment is basically because internet casinos don?t want to hamper big players.

Other benefits to being a preferred VIP is that you?ll get even more rewards. Simply because internet casinos have tiered loyalty programs, where you get more bonuses as you progress the ladder.

This allows one to earn higher deposit bonuses, better points for cash exchanges, birthday gifts, and a special VIP host.

Obviously these aren?t exactly like the comps you receive in land based casinos. But it?s certainly nice to get more bonuses and cashback when you gamble big at online casinos.

6 ? Casinos Take Chances on High Rollers
Brick and mortar casinos often extend lines of credit to their biggest high rollers. The key reason why is because they want to make things as convenient as possible for major players.

But this also means that casinos are taking a chance when they extend credit limits. There are a few cases where high rollers don?t repay debts after losing.

Probably the most famous examples involves Terrance Watanabe.

The businessman loved to play many types of casino games. Unfortunately, he didn?t have very good luck and lost $220 million over a 5 year span.

I?m let's assume that he paid some of the cash back or casinos wouldn?t have continued giving him credit. However, Caesars Entertainment sued him for failing woefully to repay $14.75 million

A large risk in loaning this kind of money is that the ball player could declare bankruptcy and steer clear of repaying some or all the debt. Some gamblers have even tried utilizing the defense they?re a compulsive gambler and the casino is benefiting from them.

Nora Al Daher tried this defense against London?s Ritz Club after losing �2 million. But the court ruled in Ritz Club?s favor since they didn?t buy her argument.

Casinos continue to offer credit regardless of the risks, meaning they must do well with this particular arrangement.

7 ? Casinos Shower Important VIPs with Comps
All casinos virtually provide same games. That is why they need to involve some separation within their comps to attract big players.

First off, high rollers like to have lavish comps and almost all their arrangements taken care of. In the end, gambling trips are about entertainment, and they don?t want to be worried about how they?ll be traveling.

But comps only go so far, which is why casinos should also have great customer service and the best possible amenities.

VIPs like staying in luxurious hotel suites, complete with great views, plenty of lounge space, and a fully stocked bar. They also want the casino to have nice amenities too, including spas, gyms, large pools, and gourmet restaurants.

Gambling resorts also have casino hosts, who develop a relationship with big players and work to meet up their needs. This may include anything from handling a VIP?s travel arrangements to reserving their table in a fine dining establishment.

The crucial thing that casinos want in return is for the player to be worth the investment. And usually this includes a contract stating that the player will play so many hands at certain stakes.

For example, a blackjack player may be asked to bet $1,000 per hand for a total of 8 hours during their stay. Here?s the math on what this would work out in the casino?s favor:

$1,000 bet per hand.
100 hands each hour ($100,000 total).
$100,000 x 8 hours = $800,000 altogether bets.
5% house edge.
$4,000 in theoretical losses.
Based on this profit, the casino can then determine what percentage they?re ready to give back in comps.

Perchance you may never bet enough to land a penthouse suite near the top of Vegas? priciest casino resorts. But in the event that you enjoy gambling, then it?s certainly worth knowing the intricacies of the high limit world.

Some casinos are willing to offer you nice comps exclusively for betting $50 or even more per turn.

This may still be out of your budget. But if it?s not, then it?s worth looking for casinos where one can be treated like a special VIP.

In summary, look to make best use of the benefits you can aquire from a casino as a higher roller.
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