Bankroll Management – The Key to Poker Success

By Catrina Rudd

So you think you’re a good online poker player?

Then chances are that you have mastered a critical skill required to compete in the challenges put forth in the free wheeling, table hopping, limit to limit fluctuations, cash games to tournament games provided to poker players in online poker rooms. What is that very essential talent? It is the ART of bankroll management.

Skilled poker players flourish in a good game of strategy and relish the competition. For online poker players who choose to play poker for a living, bankroll management is the most significant strategic aspect of each players overall skill set. Professional pokers learn to hone these skills each and every time a hand is dealt. There are a few beneficial tips for ambitious players to promote vigorous bankroll management.

Approach your virtual felt with an incredulous eye. Make sure you can afford the stakes. If you do not have at least 100x the minimum bet or more for the game you’re considering, then the game is not for you. The fact of the matter is that the odds are against you and you will lose more hands than win. If you don’t have the means to go for the gusto, you risk losing to an inferior hand that pushes you to your maximum available. However, you use this tip as a bench mark in your choice of tables and stakes you’ll play with confidence you’ll call all in even if you’re holding a pair of Aces. In principal, you won’t be in a position where you can’t buy your way out by investing is a high stakes game when you have a small stakes bankroll.

Online poker rooms provide a whirl wind of possibilities to utilize your poker bankroll. There are a multitude of tables that can be played simultaneously. Here is an obvious tip. Simultaneous play requires a keen focus, simultaneous and continuous competitive play and a simultaneous and high stakes bankroll. If you can not maintain focus, competitive play and a high stakes bankroll at each table then you will spread yourself and your bankroll to thin. Playing multiple tables can lead to multiple losses if your skills are compromised. Use common sense here and manage your play with the resources that are available to you.

New online poker players are advised to find live events to participate in on a regular basis to practice practical application of bankroll management. In most online poker events there is one advantage which is the bonus. That bonus can benefit your bankroll significantly; you will have to check both affiliates and online poker rooms to find the best online poker bonus for your bankroll. This is noteworthy aspect of choosing an online poker room, for more detailed information about that go to BankrollBoost.

Catrina Rudd is a writer and advocate of online poker and the freedom to play the incredible and intensive game. This writing mom can be seen online at http://www.thewritingmom.com – If you like the quality of the work, visit the site or [http://www.ladypokerwriter.com] – to place an order email catrina1@thewritingmom.com

Article Source: http://EzineArticles.com/expert/Catrina_Rudd/174854

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Gordon Vayo Out as Qui Nguyen Wins WSOP 2016 Main Event and Gets First Bracelet

Starting the final table of the WSOP 2016 Main Event by playing aggressively has paid off well for Qui Nguyen. He won the event and the $8 million dollar first place prize and bracelet. Though it wasn’t always smooth sailing, he pulled out a win which has become expected for those who play aggressively.
He came into the final table winning small to medium and several large pots against Gordon Vayo who was second in chip count and Gordon Josephy who was third. Josephy came out early moving up but his rise was crimped by Vayo who was dealt some strong hands as Josephy doubled up. He was left short stacked. He rallied for a bit till being eliminated by Vayo. Josephy took home $3.5 million for his work. This set the stage for Nguyen and Vayo.
The heads up match was long at 8 hours with many twists and turns. Vayo had gotten the chip lead briefly but that was changed after half an hour. The two battled back and forth till Nguyen took control. He went all-in on the river and Vayo folded with 80,000,000 chips on the table. Later Nguyen took another chunk of chips leaving Vayo weakened.
Nguyen continued to build on his lead eventually winning with a pair of kings against Vayo’s jack – ten spades combination.
Highlights of the tournament are in the video below.

Nguyen’s win highlights the effects of aggression in poker. If you sit at a table, you see it all the time. Players who raise often, even with questionable hands, often come out ahead.
Qui Nguyen is a Vietnamese who settled in California working in a nail salon before leaving for Las Vegas in 2007. He started by playing limit holdem cash games but went to no limit and had only a few cashes in small events. His only WSOP cash was in 2009 for less than $10,000. When the final hand came around, Nguyen won with a pair of kings against Vayo’s 10-jack combination. This shows the possiblities in poker that you don’t have to be Phil Ivey or a well known figure to win the WSOP.
Nguyen won his seat through a satellite tournament. Satellite tournaments are a great way to enter larger bigger payoff tournaments.

The WSOP 2016 Main Event results were:
Qui Nguyen $8,005,310
Gordon Vayo $4,661,228
Cliff Josephy $3,453,035
Michael Ruane $2,576,003
Vojtech Ruzicka $1,935,288
Kenny Hallaert $1,464,258
Griffin Benger $1,250,190
Jerry Wong $1,100,076
Fernando Pons $1,000,000
For most of the players, this is a high point of the poker career. Nguyen had his largest cash at this event. His previous top finish was $9000 and he earned his first bracelet. It’s rare to have repeat winners who place tops in the Main Event over and over.

Satellite Tournaments are a Great Way to Get In Highstakes Games with a Small Stake Investment

Satellite poker tournaments are a way to get into highstakes poker tournaments for a fraction of the regular buy-in fee. America’s Cardroom has dozens of satellite tournaments everyday. This article shows some of the satellite tourneys they have along with the results of main highstakes game.
Sunday is one of the most active days at America’s Cardroom . And for this reason I have included the Sunday 100k Warmup Tournament, yes that’s one hundred thousand dollar tournament.
The satellite tournament will give one winner a seat to this tournament. The cost of being in the satellite is $9. The regular price of this tournament is $109. For the top finisher it’s a dream come true. Afterall the main $100k Warmup usually goes over the GTD amount. Look at the results. The prize pool was 30% higher at $130,000 and the winner walked away with almost $25,000. So potentially you could go from $9 to $25,000 in one day!

Click to enlarge
100k Warmup Tourney Satellite
Here is where you register by clicking the register button
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100k Warmup Tourney
This is the main tournament your satellite win will give you a seat.
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100k Poker Tourney Results
These are the results which are pretty impressive.


But this is only a single winner satellite tournament. There are other tournaments with multiple winners. Some satellites tourneys have up to 20 top finishers who will get a satellite seat at a fraction of the regular buy-in cost.
The 115k Sunday Special is the next tournament I’m looking at. This is more generous as far as winners are concerned. The top $20 finishers will get a seat that usually is $215. The buy-in for the satellite is $30. There is a greater chance of getting a seat with 20 finishers than with 1 winner only. I like this type of satellite tournament. The results of the tournament are listed also. The top prize was over $30,000. Again, not bad for a few hours of work.

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115k Poker Tourney Satellite
This is the satellite tourney. Click the register button to join
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115k Poker Tourney Results
These are the results of this tournament
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The final tournament I’m looking at is the $50k Sunday GTD. Satellites for this tournament have a buy-in of $9. There are 10 spots for the top finishers to get a seat for a fraction of the regular cost. The regular buy-in is $55. And as you can see the winner walked away with almost $12,000!
Americas Cardroom has multiple satellite tournaments daily. Not all are for these top highstakes tournaments. Check the satellite schedule and you will find a listing of the various satellites available. They’re a great way to turn a small stake into a larger stake.

50k Poker Tourney Satellite
This is the 50k satellite to join click the register button
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50k Poker Tourney
This is the main tournament with regular buy-in.
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50k Poker Tourney Results
These are the results which again are pretty impressive.


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Strategies for Beating Small Stakes Poker Tournaments by World Poker Tour Winner Jonathan Little

jonathan little world poker tour winner

Jonathan Little has come out with a great book with great reviews on the poker world today. In the beginning of online poker, the games were easy to win. That period is over now with skilled players and lots of coaches and consortiums tips and strategies. The new online poker game is more competitive than ever. Yet, you can still do well. With this book, Strategies for Beating Small Stakes Poker Tournaments,  from Jonathan Little, you will cover tips and tricks to improve your game.
Even if you are allready successful playing poker, you can still benefit from this book. I’ve found going to any learning situation, I always come out with some tidbit of information that I’ve overlooked and increases the success of my game.
Poker is like having your own business. Many people dream of it but only a few are skilled at it to make a living from it. Many players find it hard to cash even in the smallest of tournaments. There is a method to the madness and this book will give you enough strategy to kick ass on the tables. Jonathan Little is a two time World Poker Tour Champion.
About this book:
Most players dream of winning the big championship poker tournaments. But like having a business few make any money and most are losing money. Poker is a skill and the trick is to exploit every advantage. Sometimes is gut instinct, sometimes a pair of Aces, sometimes it’s late position. All these factors and more make poker a sport you really can’t predict in spite of all the books and theories out there. If it was regimented everyone would be as rich as can be.
There is a method to the madness though and sometimes there are clues to play and become a better poker player. Each game is different, each hand is different and you must adjust each time. Strategies for Beating Small Stakes Poker Tournaments will explain how. In this guide, two-time World Poker Tour champion Jonathan Little writes about strategies he uses that will allow you to overrule your opponents, giving you the opportunity to progress to the middle and high stakes. If you want to learn these strategies that will instantly improve your poker game, click the link and get this book.

Strategies for Beating Small Stakes Poker Tournaments

Reader Reviews:

May 3, 2015
As usual, Jonathan Little’s writing style is lucid, and this book is pleasantly easy to read. He is a great teacher capable of presenting poker ideas in a clear and concise way. To me, his best works so far are ‘Jonathan Little on Live no-limit Cash Games,1 The Theory’ and ‘Secrets of Professional Tournament Poker, Volume 1’. These are without question 5-stars books in no-limit poker.
Back to the subject: the reason this book does not get 5-stars from me is because it is over-simplified in content and has not covered enough scope to achieve its goal: ‘beating Small Stakes Poker’. It focused on describing various player types and how to beat them, categorizing them into ‘playing too many/too few hands’ and cross-referencing them with ‘playing too passively/too aggressively’. This is more or less the same classification of player types into Loose-Passive, LAG, Tight-Passive and TAG, as appeared in many poker concept publications. Nothing new here.There is a very short section on ‘Players who play intelligently’ in this book. Believe me, there is a much better, more detailed and actually brilliant description of this particular player type in his ‘Live No-limit Cash Games’ you don’t want to miss. In fact, I found the ‘cash games’ book has a more detailed study of player types than the subject. But I must say the presentation in this book may be more suited for beginners to the game.
Even for small stakes poker and beginners to the game, I still think that studying how to beat players according to their player tendencies mostly is too simplistic. It should cover some more aspects that are as important to winning, such as awareness and varying the plays with effective stack sizes, how to use having the initiative and position etc.
But you will find all these and much, much more in the two books I mentioned above.
on March 12, 2015
 
I bought this Kindle book a few weeks ago and thoroughly enjoyed it. Jonathan gives a detailed analysis of identifying player-types in tournaments and gives advice on how to exploit each player-type (the exploits differ greatly among the various types). His writing style is concise and to the point, keeping you focused (I’ve noticed some poker authors have a meandering writing style, making it difficult to absorb the information). You will definitely improve your tournament play if you follow his advice. There’s a lot of concepts discussed so I used Kindle’s “Note” feature to summarize and expand on his points. I’m re-reading it and writing my own document from those notes.

Online Super Series OSS at Americas Cardroom


Online Super Series OSS at Americas Cardroom

From April 15 to th 24th, Americas Cardroom will be hosting its OSS or Online Super Series. This is a large tournament and gets bigger every year. The climax of this tourney is the 1 million dollar Main Event. To break it down. It’s no small stakes tourney by far with a buy-in of $500 and it’s a long tournament usually lasting greater than 12 hours. But if you can stand it, its great dough with the winner getting around $200,000. There are lots of cheap satellites to this event. And you could always click the enter for .01, .25 or $1 spin and get lucky and enter for one of these amounts.

 
Other Tournaments

 
There are lots other tournaments with buy-ins from 0.05 cents yes five cents to a dollar and up. If you’re looking to play at this casino, it’s a great time to do it. There are also a wide variety of tournaments to choose from including PLO8, No Limit Holdem, Ante Up, Mega Stack Turbo, Pot Limit Holdem, as well as 4-Max and 6-Max. Four and Six max indicate the amount of players at the table. Overall it’s an exciting time with something for everyone and all money levels.
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America’s Cardroom Expanding Tournament Choices

Americas Cardroom has expanded their tournament options adding lots of small stakes as well as high stakes tournament to their games selections. Some of the tournaments have entry fees for as low as 0.01 cents. That’s right one penny. It’s a great time to play or test this card room out if you’re looking for a new place to play.
Bonuses for New Players
New players are able to get several bonuses including up to $50 in tourney bucks as well as a freeroll.
Older players are somewhat dismayed . With all the new tournaments, the action is spread over more places resulting in lower prizes for some tournaments. But it’s progress at the same time for Americas Cardroom that has seen its share of the poker market increase dramatically over the last year. PokerStars has been instituting many changes that have made some players look elsewhere. Maybe it’s time for you to check out Americas Cardroom as well.
Below is a snapshot of some the new tournaments offered on Mondays and Tuesdays.

monday-small-micro-tourneys tuesday-micro-tourneys

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