Review of Online Poker Site PokerSite.org

January 20, 2010 by  
Filed under Poker News

Here at Poker Bankroll Tips we want to provide our visitors with the best information possible about online poker.  This includes outlining what other poker sites on the internet are worthwhile and provide unique interesting information that many of you may enjoy.  One site that we feel everyone should check out is PokerSite.org.  This site is rich in content and provides some of the best online poker reviews you can find.  You can also venture deeper into the site and find poker bonus details pages, as well as the poker downloads pages.  There are 17 online poker reviews and there are also this many unique pages dedicated just to the bonus and the download of these sites.  It is really surprising how much information you can find on these simple topics at PokerSite.org.

Bonus Pages

The bonus pages outline the bonus details including how the bonus is earned, how big the bonus can be and how long until the bonus expires.  The page also outlines how you can go about receiving the bonus including which bonus codes you should use to receive the bonus described on the page.

Download Pages

The download pages explain the download options, such as downloading on a MAC or a PC.  The page then goes on to provide a step by step guide to successfully downloading the poker client.

Poker Reviews

The reviews on PokerSite.org are some of the best you will find anywhere on the internet.  The software is looked at in depth.  The poker room promotions are also looked at in detail with seperate sections for each of the big promotions offered by the poker room.  Also included are the tournaments, the reward plan, the support, the withdrawal and deposit options and any other interesting facts that set the room apart from all the other online poker rooms on the internet.

PokerSite.org is a great site with an amazing design.  You can really tell that the owner of the site has paid a great deal of attention to detail and this is what really makes the site stand out.  All of the content on the site is presented in a visually appealing way which allows you to spend a ton of time taking in the information that is presented!

Online Poker Bankroll Managment

January 4, 2010 by  
Filed under Build Your Bankroll

One of the biggest mistakes many online poker players make is not managing a bankroll properly.  They play games that are too high for the amount of money in their account, and often try moving up levels to chase losses.  If you find yourself constantly reloading your account, then this article is for you.

What is a Bankroll?

To understand the basic fundamentals of bankroll management, you should first understand what a bankroll is.  A bankroll is money that you keep separate from your other money for the sole purpose of playing poker with.  You can either leave this all in one site in the poker site’s online cashier, or you can keep this money stored in an e-wallet such as Moneybookers if you plan to use this money at various different poker sites.

Common Bankroll Management Guidelines

Depending on what type of game you play, you will need to have a bankroll that is a certain number of buy-ins or big-blinds at the level you are playing.  Here is an easy to follow reference for managing your bankroll:
No Limit Cash Games – The common rule for no limit cash games is you should have at least 20 MAX buy-ins for the level you want to play.  So, for example if you were playing $2/$4 NL Holdem, you should have 20x the $400 max buy-in, or $8000.
Limit Cash Games – Limit games require a much smaller bankroll than no limit.  The basic rule of thumb for limit games is you should have 300 times the big blind.  If you wanted to play $2/$4 Limit Holdem, you should have 300x the big blind of $4, or $1200.
Sit and Go’s – If you prefer playing Sit and Go’s (SNGs) then you should have at least 40-buyins for the level that you plan on playing.  For example, if you want to play $10 SNGs, you should have at least $400 in your account.
Multi-Table Tournaments – Since Multi-table tournaments have much larger fields and there is a lot more variance involved, you will need to have a lot more buy-ins than playing SNGs.  On the other side a single win in a multi-table tournament could mean a huge boost to your bankroll.  A safe amount would be to have 100 buyins for the level of tournament that you want to play.  For example, if you want to play $5 MTTs, you should have at least $500 in your account.

Moving Up and Down Levels

As you grow your bankroll, or as it starts to shrink you will need to move up and down levels.  After all, if you are not winning consistently playing $5 tournaments, then you should probably drop down a $2 equivalent to focus on improving your skills first.  On the other hand, if you are consistently winning at your current level and you now have enough of a bankroll to move up a level, don’t be afraid to try the games at the next level to continue growing your bankroll over time.  Typically there is not much of a difference in opponents moving from 1 level to the next, but if you try jumping multiple levels you may be faced with a much different game.

Conclusion

Bankroll Management takes a lot of discipline to practice properly.  More often then not players will play games beyond their bankroll due to things like tilt, stress, or boredom.  Always be sure to play with money that you can afford to lose so that the actual dollar amount you are playing for doesn’t distract you from playing your best poker game.  Getting things like rakeback or a free bankroll are also great ways to get your bankroll started, so look into these also.  Study up as much as you can about the game, and in no time you should be making decent money playing poker online!

Phil Ivey Gets a Divorce

January 4, 2010 by  
Filed under Poker News

It has been reported that Phil Ivey and now ex-wife Luciaetta were granted a divorce in a Nevada court room on December 22nd, 2009.  Phil Ivey is often considered the best poker player in the world and some even consider him the best player to ever sit down at the felt.  Ivey has accrued about $12M in tournament winnings over his career.  Add the many millions he has won playing the highest stake cash games in the world and the various endorsement deals he has and you can begin to understand the net worth of Phil Ivey.  The divorce files were sealed so it is still anyones guess how much Phil Ivey is really worth at this time.

Phil Ivey was often considered the “Tiger Woods” of poker so the divorce couldn’t have come at a more interesting time.  The differences between the two however are many and there is no evidence as to why Phil Ivey and his wife decided to call it quits.  Ivey, unlike Woods, will keep all of his endorsement deals and continue to be the face of poker in the world.

You can find Ivey playing online at Full Tilt Poker, where he frequently plays the largest cash games online poker has to offer.  Full Tilt offers 27% rakeback to all new players.  The instructions on how to receive Full Tilt rakeback can be found at the top of this site under the rakeback drop-down menu.