September 10, 2008 at 6:47 am (Gambling, casino)
Tags: bankroll session, betting, casino, gmabling, Management, money, online, Online Casino Strategy, principles, rules
One of the most important aspects of responsible online casino gambling is paying careful attention to money management. What is money management?
Well, first and foremost this is the ability to monitor how much money you spend on gambling. Reckless spending causes the most problems in gambling as it identifies a lack of understanding for the basic principles of gambling.
Second and lastly money management is the ability to play proportionally to ones bankroll. Thereby assuring the use of ones monetary resources in the most efficient manner. Here are some money management skills for consideration.
Decide before starting to play what your bankroll is for the session. Don’t get caught up and spend more than you initially decide upon. This requires discipline! Decide before starting how much money would be considered a winning session for you. Be realistic. Choose your bets wisely. Play proportionally to your bankroll. If your bankroll is $100.00 don’t play $25.00 hands! Chances are you will play a minimum of four hands and be disappointed with your experience. However, with a $100.00 bankroll if you play $5.00 bets you will play at least 20 hands and if you play $1.00 bets you will play at least 100 hands. Therefore playing proportionally to your bankroll improves your odds as your session will last that much longer. Stay sharp and alert. Playing for long periods of times can make one tired and reckless. If you are fatigued quit while you may still be ahead.
If you find yourself in the midst of a losing streak its better to just accept it. Avoid chasing your losses. Chances are you will blow your bankroll under these less than optimum conditions. Emotional tendencies can also lead to recklessness. Try and stay calm and stick to the basic strategy. Most importantly, know when to leave!
Hopefully these simple rules will help in having an enjoyable online gambling experience. Good luck with your play.
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July 21, 2008 at 7:30 pm (Uncategorized)
Tags: casino, indians, machines, nation, plopped, restaurants, seneca, seven, territory
(Denise Jewell Gee and Bill Michelmore, Buffalo News) One is a makeshift casino, the other a $450 million gambling center with 4,200 slot machines, seven restaurants and a 26-story hotel.
Both were plopped down on sovereign territory in struggling cities using the same federal guidelines.
So if a U. S. district judge ruled last week that the Seneca Nation of Indians cannot use its footprint in Buffalo for gambling, what about Niagara Falls?
One is a makeshift casino, the other a $450 million gambling center with 4,200 slot machines, seven restaurants and a 26-story hotel.
Both were plopped down on sovereign territory in struggling cities using the same federal guidelines.
So if a U. S. district judge ruled last week that the Seneca Nation of Indians cannot use its footprint in Buffalo for gambling, what about Niagara Falls?
“The illegality is the same, but an illegal act isn’t a problem unless someone challenges it. Right now, no one’s challenging it,” said Joel S. Rose, who spearheaded the court victory in Buffalo. “If people in Niagara County who don’t want a casino see what’s happening in Buffalo, who’s to say what could happen?”
It’s too early to tell whether last week’s federal court ruling will put an end to the Seneca plan for a $333 million casino complex in Buffalo, but those involved in the case highly doubt the decision will bring gambling to a halt in Niagara Falls.
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May 31, 2008 at 7:16 pm (Uncategorized)
Tags: casino, expensive, lasvegas, news, poker, schedule, texas, time, tournament
LAS VEGAS — The world’s highest profile poker tournament is under way at the Rio Hotel & Casino, with 55 championship events and a twist to its main event that will keep players in suspense until November.
The World Series of Poker started just after noon Friday with the start of a $10,000 pot-limit Texas Hold ‘em tournament.
The most expensive buy-in will be US$50,000 for a tournament called H.O.R.S.E, where players rotate between five poker games according to a time schedule.
Seven other tournaments will cost $10,000 to get in, including the main event, a no-limit Texas Hold ‘em tournament that likely will carry the highest prize.
Last year’s winner, Jerry Yang, won $8.3 million. Tuan Lam of Mississauga, Ont., placed second and took home more than $4.8 million.
This year, the field of thousands will be whittled down by mid-July to a final table of nine, who then will take a four-month break before finishing the tournament in November.
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