Poker: the Colour of Poker Money

“What’s that father?” a little boy once asked his father. “Can I play with them?”

The father replied, “No, son, it is not a toy! It is money, my boy!” The boy hurried off to play outside, though, wondering why his father considered those colorful chips as money.

Most children in America grew up with different kinds of colored chips. This colored chips represents money in the casinos. For example, a player who wants to play poker has to buy some chips to be used when betting. And because this is the kind of money that is being used during a game in the casino, particularly poker, others eventually call it poker money.

Poker money comes in various shades of blue, red, and other colors usually seen in the casinos.

In a particular poker game, a player’s poker money account is comprised of real cash and real chips. Normally, players could convert their cash to chips and vice versa. This can be done any time the player wants to do transactions except during a game.

Poker money arrives after a player settles down on a table and is ready to play poker. This poker money, in terms of chips, is being laid out in front of the concerned player.

However, before proceeding into playing poker, every player must make a deposit for his poker money.

In a live poker game where players get to play facing each other, the poker money are converted easily from cash to chips and vice versa on counters provided in the casino.

On the other hand, online poker games have different ways of managing poker money. Most of the online poker websites require their players to have their poker money accounts through deposits. Generally, these can be done into two categories. One category of depositing poker money is through direct methods wherein players use a credit card or draft in order to deposit money. The other category of depositing poker money is through a 3rd party services like NETeller or prepaid ATM which acts like Internet banks. Here, players can do transactions such as depositing poker money and transferring funds to online poker Web sites.

There are six deposit methods usually used when dealing with poker money by means of a 3rd party.

First of its kind is the Neteller. This method of depositing poker money is usually available on many Internet sites. Neteller offers players the choice of cashing out directly poker money into their account. Opening a Neteller account is like having an online wallet.

The other method you could consider is the MyCitadel wherein online poker players need not check their mails for drafts. MyCitadel is a payment system that manages US and Canadian customers mostly catering to poker money related matters. Here, poker players can have their poker money by purchasing chips online.

Then there is the FirePay, a Web based cash account. FirePay is great site wherein players with fund accounts from a United States bank can directly open a poker money account with them. Funds can be transferred directly from a U.S. bank account.

You also have the option in using a prepaid ATM. The difference with prepaid ATM is that players get to deposit their poker money to an ATM card and not just a Web site. When doing cash outs, it goes directly to your card. And the good thing about it is that the prepaid ATM works with most local ATM machines.

If you are not so convenient in using ATM, you could opt for credit cards. Poker money deposits can be easily managed without having a 3rd party. Or better yet, you could use the bank draft or check wherein your poker money deposits are better secured. Plus most Web sites offer 10% bonus when you deposit poker money through this method.

Last option would be the UseMyBank method wherein it also guarantees secured, fast, and easy transactions. Though, only those who have Canadian online bank accounts can be eligible.

And after you are through making poker money deposit, and maybe playing some hands of poker, there are online poker Web site that will give you a choice if you want to cash out your poker money at once or remove your funds at the site if in case you still want to come back and play. With the six deposit mode mentioned, you can be assured of having your poker money, whether chips or cash, remain exactly like you left them.

So, when the time comes you have finally decided to play poker online or in a live poker room in the casino, try to think of ways how to manage your poker money. After all, those chips are not just plain plastics. Poker money is exactly the reason why you have played poker in the first place.



By: Nicholas Tan

Types of Online Poker Bonus

Online Poker Bonus is one alluring thing that attracts many gamblers to go online to play poker from the comfort of their home. All online poker rooms give poker bonuses to their players. The amount of bonus may vary from casino to casino. There are three kinds of online poker bonuses available at online casinos.

No Deposit Bonus - This online poker bonus does not need any money deposit. After signing up for an online Poker Room that offers a ‘No Deposit Bonus’ as per the instructions, the account gets credited with online poker bonus within just 72 hours. Well, it depends on room to room, some credit within 48 hours. The ‘No Deposit’ bonus can range from $3 up to $50. This kind of ‘Poker Bonus’ is great if a player is new to the poker scene. A new player can practice with real money without any risk of loosing money. However, the downside is that the player is not able to take part of the first deposit bonus if he makes a deposit and then plays with his own money. Poker Rooms do not allow any player to have more than one account at a time.

First Deposit Bonus – This online poker bonus is a bonus that is given by a Poker Room based on the size of the first deposit. Mostly the first deposit bonus is a 100% bonus with the first deposit that a player makes. For instance, if a poker room offers a 100% bonus on the first deposit for a deposit of $200 maximum, it means if a player deposits an amount of $200, an extra $200 will be given to him. But getting this online poker bonus in real is not that easy. Well, the bonus is surely awarded to the player after the first deposit, but it remains in his account and he cannot use the bonus until he meets certain requirements – that are better known as ‘Wagering Requirements’. Now, these requirements vary from room to room for poker. For instance, the “Tower Gaming” poker room offers a first deposit bonus with a very low wagering requirement; a player needs to generate only 5 player points for every $ as an online poker bonus. This means that it needs a sum of 1000 player points to be able to clear that $200 online poker bonus.

If a player plays a ‘Sit and Go’ tournament, then this online poker bonus equals to rake back of 100% as the player is awarded 5 player points for every dollar paid as tournament fee. Another one ‘PokerLoco’, offers a great opportunity to the players to get a 100% bonus on the first deposit for a max deposit of $250. The best part is that the online poker bonus can be cleared at 5 player points per bonus dollar.

Reload/Freeload Bonus – This kind of poker bonus is usually offered as an additional online poker bonus. This is also called a ‘freeload’ or ‘reload’ bonus. The main difference between these two online poker bonuses is that with a reload poker bonus, it needs an additional deposit to the account, while the ‘freeload’ poker bonus is credited automatically when a poker bonus code is entered on the site. The ‘FreeLoad’ bonus is offered every month at some Poker rooms. The ‘Freeload’ bonus is usually cleared at 10 player point per bonus dollar.

So, go ahead and grab some online poker bonuses and jump to the tables!



By: Big Bonus

Where to play poker online, which online poker room to start at, and who gives the best online poker bonus for signing up are many questions online texas holdem players ask quite frequently. Let’s start off with where to play online. When starting online I HIGHLY recommend you start out playing Sit-N-Go’s to build your bankroll instead of jumping right into cash games and losing all your money in a few minutes. If you jump right in to cash games at the poker tables, you will find yourself losing lots and lots of money especially if your use to playing free texas holdem online games. With free money poker tables, players will not play serious and you will NEVER get a feel of how to play unless you play for real money. You should start with Sit-N-Go’s and NEVER look back. Sit-N-Go’s are basically a mini texas holdem poker tournament in which the top 3 players are paid a percentage of the prize pool. Here is the breakdown:

1st Place Win 50% of the prize pool

2nd Place Finish 30% of the prize pool

3rd Place Finish 20% of the prize pool

If you learn poker and study the game well, in about a month you will be mastering single table Sit-N-Go’s in no time and be earning a stable income even if you are just starting out. Now with that being said, which are the best poker sites to play Sit-N-Go’s on? Here are a few recommendations that I suggest: Read the rest of this entry

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