Texas Hold’em Poker - Money Management Is The Key To Success

Texas Hold’em Poker is one of the most popular skill-based games of all time. The game not only strengthens your critical thinking, analysis, and decision-making skills but also provides you numerous opportunities to make good profits. You can participate in online or offline real cash games and tournaments to compete against opponents of different levels of skills and win fabulous rewards by outplaying them.

Money management is one of the most important skills that you must have if you want to become a successful Poker player. To support you financially at the tables, it is required to create and manage a healthy ‘bankroll’. Bankroll is the amount of money a player keeps aside just to play the game. This money cannot be used to pay bills, shopping, travel, or for any other purpose. Your bankroll supports your pockets whenever you face downswings in the game.

The size of the bankroll depends on the player’s ability to afford losses. The better you manage your money, the more your possibility of winning and making profits improves. Regardless of whether you play card games online or offline, you have to plan your finances smartly in order to stay always prepared for unexpected challenges.

Other important factors that you must consider to decide your bankroll size are -

• Your game knowledge
• Level of skills and experience
• The game format (cash games or tournaments)
• Table stakes.
• Your playing style (aggressive/passive).

Although the risk factor cannot be averted, you can minimize the possibility of unfavorable outcomes by making conscious investment decisions. Controlling money requires discipline. It is essential to put constraint on your habit to throw money at stake levels that are above your bankroll limits . It is extremely important to learn how to control impulsiveness to achieve success at the tables. Properly managing your money requires foresightedness and ability to make quick decisions.

Here are some tips to ensure using your money at the tables effectively -

• Always play within your financial limits. Avoid entering a cash game or a tournament if the stakes are higher than what your bankroll can afford.  
• Always reinvest a part of your winnings to build a strong bankroll.
• If the size of your bankroll has decreased as a result of downswings, it is advisable to move down in stakes until you earn enough money to play at your usual stake level again.
• Make it a habit of keeping records of your gaming sessions and noting down the results of the hands you played to identify the areas of your game that require improvement. It doesn’t matter whether you play games to win money or to build your skills, self-evaluation is necessary to fix your weaknesses and ensure staying one step ahead of your opponents.

Poker is an exciting and highly entertaining card game that is taking the online gaming world by storm these days. The game helps you unlock your creative side, hone your logical reasoning skills, and most of all, learn how to do money management wisely. 

Handling 5 Common Poker Playing Styles

Just like four suits in a deck of  52 cards, there are five playing styles of card games. Poker is not only played with cards, but also with observation and different mindsets. Whether it is an online game or a live table, you should always be able to read the opponent's mind and the decisions they make while playing. This can help you understand their emotional and psychological tendencies and determine your game style against them.

Therefore, the first step is to identify the playing style of the opponent on the table. Spotting the playing style of a poker player requires strong observational skills. But before all this, you should know about types of poker players in order to understand their gameplay and play your best shot.

Studying your opponents' proclivities plays a crucial role in your winning intentions. Every action taken by the opponent unfolds something about their style. Now let us understand 5 common playing styles as described below:

Fish Players

When a person is new to anything, he lacks experience and that is what a fish player in poker is. They are new to the game and don't know how to play poker. If you want to play poker professionally, this is not the type of poker player you would want to be recognized as. Being new to the game and lack of experience, Fish players have no idea about the strategies of playing and are prone to loose pots. Want to spot a fish on the table? Notice the actions taken by the players on the table as they are mostly Calling, over betting or under betting, showing off  their bluff or else playing All-in. These players are also known as “Donkey” due to their poor playing habits. 

Whale Players

The type of player who has money to play big but not a strong skill set to make it huge. Whale players generally bet extraordinarily large amounts because of their high bankroll and are less concerned about winning a hand. Their motive for playing is fun and not winning. Whale players are amateur poker players who end up giving huge amounts on the table. It becomes difficult to spot a whale when there are a few fish players also available on the table because of their common practice of going All-in.These players generally do not win money games because of their amateur game play.

Loose-Aggressive Players

Loose-Aggressive players believe in playing a lot of hands which makes them raise the bet before and after the flop. Rather than playing strong hands, they tend to play too many hands without any hand selection. Since they are playing every hand and constantly raising the bet, it pressurizes the opponent to fold their winning hands too. One of the major issues with this playing style is becoming penniless swiftly. 

Tight-Aggressive Players

One of the most successful and strong categories of playing styles of poker is tight aggressive gameplay. This is the most profitable pattern of playing poker, where you know your starting hand strength to play selective hands and making the right move to win. However, this player becomes a bit aggressive, when in the pot and will put pressure on the opponents by raising or betting at the right time. This style works well while playing against passive players and also beneficial against loose play. Tight-Aggressive players are well known for turning the odds in their favour with a smart strategy. Such gameplay is very effective in long-term gain in poker.

Shark Players

Shark players are well known for their strategy and intelligence on the poker table. A shark is clever, so is the Shark player in poker. This player type not only knows the risks and combination ratios but is also smart enough to read his opponents’ poker face. It is a dream for every poker player to become a poker shark and make their poker journey rewarding.Top poker players such as “Justin Bonomo” are called a poker shark in the industry.

Therefore, it is not always recommended for you to play in one style. Every playing style has their own perks of playing at the right moment, and you should always observe the table before making any move.

Play Poker and decide which poker player you are!

Types Of Poker Games Every Player Should Know About

Poker is a game of planning, strategies, tactics, and improvisation. It falls under the umbrella of the best online real money earning games in India. The most wonderful aspect of the card game is that it can be played in a range of variations.

Poker games are fun, thrilling, and action-packed. Here is the list of the top variations of the online game which is gaining popularity among the masses these days:

1. Texas Hold'em

The game is holding the #1 spot in the spectrum of Poker variations. 

How To Play

The dealer distributes two cards (hole cards) face-down to each player. A total of five community cards are dealt face up in three stages of betting (Flop, Turn, and River).

To win a round of the game, you need to create the best hand of five cards using your in-hand cards and community cards in any combination as per the hand ranking rules. Every player makes a move (bet, call, check, raise, or fold) clockwise from the left of the dealer. The decision to play depends upon the possibility of holding the best hand in value. Anytime during the game, if you feel that your chances to win are low, you can fold your cards and leave the hand. The total money all players wager (lay) on the table during one hand creates the pot. At the end of the betting rounds, all active players reveal their cards and the player with the best five-card hand wins the pot.

No-limit is the most popular format of this game. If you are a newbie, you can play Texas Hold’em freeroll games online to learn Poker rules, regulations, and tactics.

2. Omaha

There is one significant difference between Texas Hold’em and Omaha. Here, the players receive four hole cards instead of two. The player needs to create the 5-card combination using exactly 2 of these hole cards along with 3 community cards. The rest of the rules are similar to Texas Hold’em. Pot Limit is the most played format of Omaha.

3. Omaha Hi-Lo

Omaha basically consists of two versions – Omaha high-only and Omaha hi-lo. The Omaha hi-lo version is known to be more popular of the two. In this version, the pot is divided in half at Showdown. One half goes to the best ‘high’ hand and the other to the best ‘low’ hand. The low hand must be 8, 7, 6, 5, 4 or lower to qualify. If there is no low hand, the high hand wins the pot.

4. Crazy Pineapple

The variant is slowly but steadily gaining popularity in India nowadays. The rules are similar to Texas Hold’em except that instead of 2 cards, every player receives 3 hole cards. After the flop round, you need to discard one of your in-hand cards.  It is up to you to decide which card to throw and which cards to keep. The rest of your hole cards and the 5 community cards can be used in any combination to form a strong hand.

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Online Card Games: Why They Are Skyrocketing In Popularity?

India is gradually becoming one of the biggest Poker communities in the world. Due to the easy accessibility of the internet, people from all walks of life are now opting for online card games to take a break from their daily routine and experience the unlimited fun, thrill, and action involved. 

There is a plethora of gaming websites available online that host the highly entertaining card games such as Poker or Rummy around the clock. You can log-in to your gaming account anytime and start playing through your smartphone, laptop, or tablet. The websites host highly lucrative cash games and tournaments where players can participate and win huge guaranteed prizes. The combination of entertainment and the opportunity to make good money successfully managed to capture the attention of Indian Poker players. 

Poker is the most popular card game that is played both online and offline worldwide. Like chess, Poker is now receiving acceptance as a skill-based sport in which winning depends on the player’s ability to observe, create and modify strategies, and take bold decisions under pressure situations. 

Due to the increasing demand for action-rich Poker online games, gaming portals have introduced several different variants of the game such as Texas Hold’em, Pot Limit Omaha, Omaha Hi-Lo, Crazy Pineapple, etc. Poker lovers can choose any format as per their interest, knowledge, and skill set. Most of the websites allow players to create an account for free and play on practice tables with freeroll chips. The sites also give players the opportunity to participate in exclusive tournaments without any entry fee and win real cash prizes.  

The popularity of offline Poker competitions is also raising which is evident by the increasing participation of Indian players in national and international Poker events like DPT, WSOP, and WPT.

Because of the Poker boom in India, Poker players are getting recognition across the globe. Winners of national or international Poker championships are considered celebrities in the Poker circuit. There are lots of players in India who left their routine job to pursue their passion for playing Poker as a career. Success and fame of these players appeal to newbies who want to make it big in life.

You can learn about game rules, regulations, types, formats, etc easily through books, online blogs, forums, articles, and tutorial videos. You can hire a mentor who can give you valuable tips and important insights about the poker sequence, best-starting hands, table position, bankroll, and deception techniques. Whenever you find the time, you can play with your friends or family members for a quick game. Playing on freeroll or low stake tables on online gaming platforms is a great way to earn practical experience of the tables in real-time.  

Learning Poker is easy but like every other game, you need to spend a good amount of time practicing to acquire the required level of knowledge and skills. Undoubtedly, risk is involved in the game as you have to invest real money to sit on a cash game table and play against highly skilled opponents in the intense and highly competitive environment. But you can minimize the level of risk and improve your chances to win the game by developing your playing skills through practice and training. It is crucial for a player to frequently review his gaming sessions to identify his strengths and weaknesses and find out ways to improve his performance at the tables. 

Some people still consider Poker as a game where luck plays a crucial role in winning. In reality, Poker is a game of psychology, mathematical concepts, and money management. It is important to aware people of the nature of the game and make them realize that it is a great form of entertainment where winning completely depends on the individual’s talent and expertise.