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Posts Tagged ‘bankroll’

Roulette5 Enters the Market

Tuesday, August 31st, 2010

One thing that you can count on in the gambling market is the overwhelming amount of games being brought to the market. Software developers understand better than anyone that gambling online is big business. They know that there are billions to be had and if they don’t keep customers coming into their casinos, other casinos will. The market is highly competitive these days so if businesses aren’t ready to handle the demand, then they are going to grow out of the industry altogether. For this reason developers are expanding considerably. Their goal is to make sure that online gamblers are kept happy. That the games are out there to keep them busy and that they are kept interested. If they aren’t then the companies risk losing millions in revenue.

WinADay.com is a website that knows full well how online gambling is moving. They just announced the release of a new game called Roulette 5. It is a game that takes its base from the classic roulette game, but with a little something extra. The game allows players to walk away with up to 5 times what they normally would win with just one spin of the wheel! The roulette player also gets to pick how many wheels to spin simultaneously. There isn’t a whole lot of variation with roulette gaming- until now! WinADay.com has just shown how gaming companies have to continue to develop games online. They have to push the envelop in terms of return and capability to keep the gaming community interested in what normally would be considered a “routine” game.

The best thing about Roulette 5 is that it also can be played by people with varying bankrolls. The one problem with a lot of newer games is that they require a big bankroll to manage. When one spin of the wheel is valued at $20 by the casino, obviously people with a $50 bankroll would want to steer clear of the game. That is not the case with Roulette 5– in this game you can wager as little as twenty-five cents and all the way up to a fairly large wager. Take advantage of this new version of the classic gambling game called roulette. It gives you the best in gaming, but also a little something extra for your trouble!

Limited Bankrolls will Love Bidibot.com

Sunday, August 15th, 2010

If you love to gamble but have a limited bankroll, you are going to love the website Bidibot.com. The owners of the website came up with an ingenious idea how to allow gamers with limited cash to still earn points to various games around the world. At the website you can get in on a variety of satellite games to big name tournaments and earn credits for entry to some other tournaments. If you have a limited bankroll, this is the perfect idea for you to work with. The website was started by a group of professional poker players who saw the growth of the game, but the stifling properties of the market. Let’s face it, the market hasn’t returned to normal just yet. In fact, it still is lagging behind in a lot of industries. People don’t yet have the discretionary funds they once did pre-recession. Casinos have to be creative and work with people if they expect them to continue to log in for gambling.

The reality of gambling is that there are many other things people can spend their money on. In today’s market, it’s hard to find the extra hundred dollars to wager with and hard to justify spending money on gambling. For those who have problems or had to cut gambling out of their scheduled at the height of the recession, returning to the pastime may be a little easier thanks to Bidibot.com. The website allows gamblers to big in auctions. It is a lot like Ebay, or any other auction-oriented website. You can bid on prizes like poker tournament buy-ins and have a great chance to win your way into a big-name event. Some packages you can wager on come with travel expenses, hotel stays, food and stipends for the days the tournament lasts. This is an awesome way to work with the limited resources of gamers today and help them to get in on the biggest and best tournaments. You can log into the website and shop for the tournaments you want to take a shot at winning and then start the bidding. It’s the perfect way to take advantage of gambling fun, while still watching your bankroll.

Gambling Made Affordable

Sunday, August 15th, 2010

If you are a fan of gambling your biggest problem may be affording it. It’s no secret that there are millions of people who during the recession were left with no discretionary funds. It’s these funds that people used for leisure speding on vacations, clothes, travel, etc. Gambling was one of the things that suffered and people had to strategically cut out of their budgets. The market suffered a lot during the recession of 2008/2009 but it is now showing nascent signs of a recovery and that’s good news for the gambling industry and players.

In today’s market you are going to find a wide range of games that are affordable and casino companies are working to make them even more so. They want people to get that urge to gamble back and part of the way to do it is to bring gambling prices down as much as possible. It’s almost like the retail market. When they want to spur business, owners bring down the prices of various items with sales. The same is happening in the world of gambling. Take poker for example- there are some big name poker tournaments coming up and one is the European Poker Open. Normally the buy-in for the tournament is $5,350 and that’s a huge amount due to the payout prize pool of $100,000. the good news though is that organizers wanted to make it as affordable as possible to as wide a variety of gamers as possible. In an effort to do so, they decided to create satellite tournaments. Gaming companies are creative with tournaments and built satellite tournaments so the winners can get into the big tournament for free. It’s a great way to make the top-dollar tournaments affordable and attract an entirely different market. People who could not afford the huge buy in are now able to compete for their place in the tournament. It’s a great way to attract people. in the world of gambling things are changin quickly and one of the most advantageous things is that casino organizers are making prices better. Seasoned gamers want more for their money just like seasoned shoppers do and the market is happily obliging.

UBOC Introduces its Fifth Edition

Sunday, August 15th, 2010

The Ultimate Bet Online Championships, or UBOC, is now being introduced in its fifth generation by UltimateBet.com. The recession was difficult on many gamblers and a lot opted out of the hobby altogether due to limitations in their bankroll. With millions of Americans out of work, it was difficult for them to find the discretionary funds to wager on a regular basis. Because of this many websites began to suffer and realized that they had to change their ways of operating if they were to bring in customers. UltimateBet.com is a casino that knows full well how to bring players in.

If you love betting, then take a look at the UBOC. One of the best things about it is that it is being changed for players with every level of bankroll to participate in. First there is the no-limit Hold’em event with a buy in of $320 and a prize pool of a guaranteed $200,000. Next there is a $267 pot-limit Hold’em Omaha tournament mix that has a pot guaranteed at $100,000. This is coming in three days on August 18th. Though these buy ins are not small, there are mini-events that run along side them that have much smaller buy in amounts. The games are equitable but for those who need a little extra leeway in terms of a big buy in. You can have a lot of fun with these games and UltimateBet.com is a great website to join in on for poker fun.

The smaller buy in games are being labeled as the “Mini-UBOC” games and they are starting at the same time and lasting throughout the 29th of this month. Every one runs along side the big tournament but has a substantially lower buy in and you can find some at just $33. That is a huge difference and they come along with good payouts of guaranteed prize pools of $20,000. You won’t miss much with these tournament games and don’t think that because they are ‘smaller’ they are any less fun. You can afford the buy ins and you can still have access to the chance at a good win for a good payout amount.

How to Maximize a Bankroll

Tuesday, March 23rd, 2010

The primary purpose of your gaming session is to win…but that isn’t always in your hands, so the next goal is to maintain your bankroll. Remember that once you are in the heat of a game, it isn’t always easy to hold back and not go over your bankroll. A pro will refer to the term “on tilt” to describe a mood that adversely affects judgment. Strategy is meaningless without good judgment. Going on tilt is a fast way to bust a bankroll. If you find yourself tired or frustrated about not winning, you need to walk away. This is the best way to protect your bankroll.

Another issue is drinking while you are gambling. Free drinks are nice, but remember that there is a reason they keep them coming! They want you to lose some judgement and keep on wagering. They want you to get caught up in the fun of “just one more wager.” Will you win? Most likely not, but the casino doesn’t care- they are going to get their cut. It’s a cut throat world on the casino floor and they know that you drunk means more money for them. Be aware- it’s nice to get a free drink, but five are not better than one. Drink slowly if you can’t turn down a freebie. It won’t impare your judgement and decisions.

Always start with a pre set bankroll limits. The important thing to remember here is that limits are established in advance when your mind is clear precisely because casinos can be confusing. You will be constantly tempted to bet more, play more, or wager in ways that are unwise. Never give in to the temptation. Always follow your optimal stop-loss and win-limit strategies. Of course, never play with scared money. If you can’t comfortably afford the loss, then don’t make the bet. Fifteen-dollar bets will get you free drinks and friendly service in a typical casino. Twenty-five dollar bets usually will result in a discounted room. One hundred dollar bets usually garner free meals and discounted or free rooms. Sure you may get more comps when you up your wagers, but remember that nothing is truly free.

What is a “Vig” in Gambling?

Tuesday, March 23rd, 2010

If you have gambled considerably, you may have come in contact with the term “vig”. So what is the Vig? Short for vigorish this is the fee that a casino charges for providing betting services, like the machines, the facility, drinks, etc. It is taken out of the payout and built into your cost so the casino recovers it throughout the game. For example if you can afford only 100 bets for slots, or 25 bets for table games, the base bet should be monitored closely.  Ideally, you should lower the amount of your base bet to fit the size of your session bankroll. For example, if you have $1000 to wager and four hours to play, then you should be aware to keep your bankroll set at $250 per hour. You want to monitor your initial wager from the start so you can extend your gaming session. In particular if you have to watch other costs, like the vig, then you want to take that into account as you wager over the course of your gaming session.

You have to be aware of the things that are going to affect your overall outcome when you gaming session is over. This can be dinner, drinks (if you go to the bar in addition to the casino floor where drinks are free), a show, etc. Factor all of these things into the total bankroll you need to have a session of gambling. It’s imperative that all gamblers set a bankroll limit early on– like way before they enter the casino. Remember that casinos are built to encourage you to keep on wagering. The lights, sounds, specials, drinks, etc. all work together to make you want to stay and wager. It’s never a good idea to set your bankroll when you get TO the venue. If you play online, you will bypass the vig. That is another great advantage of logging in from the privacy of your own home. It can be more cost-effective to learn to play in a virtual casino. They don’t have parking costs, vigs or any other costs beyond the ones you need to deposit money into your account.

Some Tips for Horse Track Lovers

Sunday, March 14th, 2010

One of the oldest and most exciting gambling games around is horse betting. It’s been around for ages and the fun hasn’t waned over the years. The best part of horse racing is watching the horses run—they are beautiful animals and you will be surprised at how much fun it is and how the excitement can get to even the most serious visitor to the tracks. When you are playing, remember that you can get lucky a few times, but overall you will never beat the races. It is next to impossible to predict what horse is going to win a particular race—even the top runners don’t always make it to the finish line first. But—that’s gambling! These are just a few basics to keep in mind if you venture out to the race tracks. First, remember that you will have to pay an admission charge. Be sure to factor that into your overall bankroll when you go to the track.

Next, remember that racing, like all gambling games, is highly addictive. Race track builders and casino operators know how to use visual appeal, sound and game placement to make you want to continue wagering. It’s like clockwork—the crowd sees the horses come out, they take their stage, the gun is shot in the air, the crowd is in a frenzy and so on and so on. Deciding what to wager at the pitch fever of excitement is probably not the way to go. 

You want to know exactly what your bankroll is well before you get to the racetrack. It’s important because once you are there, you don’t have a fighting chance! Take the time to figure out your bankroll and commit yourself to sticking to it when you get to the casino. Remember that there will be a wide range of options to “help” you spend more money. You’ll find ATMs. You’ll find cashiers willing to give you a cash advance. You’ll find all kinds of comps if you just “wager once more.”  Be wise, and be careful. Remember that though it is exciting, you are wagering your hard-earned money. Never wager more than you can afford to lose.

Then There is the Progressive-5 Bankroll System

Saturday, March 13th, 2010

When you go to a casino you don’t want to lose, but the system is set up so that you inevitably do. Sure you may have a small win here and there, but overall, you most likely will be walking away with a loss. There are systems to help you overcome that though. Here is one called the Progressive-5 bankroll system. This system is based on a 1, 2, 3, 5, 1 progression (another popular one – 1, 2, 3, 6, 1). For example: a $5 player who uses this system should bet $5, 10, 15, 25 and then $5 again. If the hand loses the player will go back to the original $5 bet.

Progressive-5-level is most successful when many hands win and does not hurt the player if he loses lots of hands as well. For example, you put a $5 starting bet and if your first 3 hands lose but the next three win, you would be ahead with $15 after 6 played hands. However, the system fails if certain sequences, like: win, loss, win, loss, win, loss happen. In this case, it would be better to make an equal bet each hand. Nevertheless, there is a risk when you take attempts to earn from 3 winning streaks or even more. In fact, in spite of the involved risk, the risk is minimal when the player uses a basic strategy and makes an equal bet on each hand. Online blackjack implies winning streaks and also losing streaks, so when using the progressive betting systems you may enhance your chances of profits. This system will increase the player’s profits on winning streaks and minimize them on losing ones. Overall, it is a system the outcome of which will vary unpredictably from a net profit to a net loss depending on how the cards come out.

Test out this system and a few others. They all have their advantages and disadvantages. A lot of choosing depends on your particular playing style and how much you want to put into the wager. Some people like to just set a bankroll and see what happens. Others like the possibility of affecting their outcome with various strategies and models. If you are one of the latter, test out the progressive-5 system and see if it works for you.

The Progressive-2 Bankroll Management System

Saturday, March 13th, 2010

When it comes to managing your bankroll, there are quite a few systems out there. Remember that the single most important aspect of gambling is to know when to stop. Casinos are built to encourage you to continue wagering- the lights, the specials and the opulence are all contructed strategically to over come you with excitement. They are hoping that you wager– and wager big! To fight against that, you have to be smart. When you walk into a casino, you have to know what their ulterior motive is. Sure you will get free drinks as long as you keep playing– it only brings them more money. Sure you will get various comps– it only makes you like their casino more. Sure you will see all kinds of luxury– it only makes you want it and test your hand over and over again in the chance to win it!

The key to not losing too much when gambling is to set a strict bankroll before you even enter the casino. Setting a limit at the casino probably won’t happen so you need to figure out well before you go there what you are going to limit yourself to. Remember to only wager what you can afford to lose over time. The house always wins and that means that your chances of walking away with cash just aren’t that great. When it comes to managing a bankroll, there are some systems to use. One is the Progressive-2 system and here is how it works.

The Progressive 2 system is one of the simplest options.  With progressive 2 a player decides on a max and a minimum amounts for bets. The player makes the smaller bet after a loss, and the larger one after a win. For example, you choose $5 as a minimum bet and $15 as a max amount. You start with the smaller amount. If you win you bet $15 and then continue to wager $15 until you lose. After the loss you go back to the minimum bet of $5. This is a really simple strategy, but it is considered an advanced betting system. After some practice this system maximizes his profits on winning streaks and minimizes them on losing ones. The catch is when a player always makes the larger wager on the losing hands. And overall, the outcome a 100-hand session that is played by the progressive-2 will depend on how the cards have come out. If the player has often the winning streaks, he will come ahead. But, the belief that streaks happen with certain regularity is superstition.

Tips on Managing Your Bankroll

Friday, March 12th, 2010

When it comes to blackjack, just like any other game you want to manage your bankroll wisely. Remember that casinos are built to encourage you subliminally to keep on gambling. The lights, the specials and the atmosphere are all carefully crafted to bring on the excitement of gaming. Deciding on a bankroll limit AT the casino is never a good idea! Set your limits prior to even getting into your car or turning on your computer. Here are some tips to use when managing your bankroll.

First of all, decide how much money you can reasonably loose. You don’t want to think you are going to lose, but you don’t want to fool yourself into believing that you are going to win either. Worst case scenario you want to wager only the amount of money you can afford to lose. Think of your bankroll as “extra” money. Never use money you are going to need to cover bills as your bankroll.

Next, be aware of the ups and downs of gambling. You aren’t going to get into a winning streak right away, or at least it won’t happen like that every time. There are going to be downtimes to get used to. If you find yourself losing, don’t be afraid to change things up. Move to a different machine, take a break or leave and come back later. Don’t think that you may win big with “just one more wager.” Gambling seldom works like that. Remember that everything is random—and there is no influencing randomness. Other games that are based on strategy can be influenced but sometimes if you aren’t in the right mindset, or just not having a good day, you need to leave and come back when you are feeling luckier.  

Finally, bet large when you’re winning and small amounts when you’re losing. Fight the urge to bet big during a losing streak. That’s the time you should be doing your best to bet conservatively. Bet more during a winning streak. By matching your wagers to your current streak, you edge the odds closer to your favor and away from the house. And in gambling, edging just a few percentage points away from the house can make a huge difference in your payout.