Pai Gow Poker Money Management -A Full Guide to Managing Your Bankroll
In traditional poker, a player's bankroll is his tool of the trade. The more money the player has, the more room he/she has to wager and possibly use against opponents. In Pai Gow Poker, money management is also profoundly crucial to implement in order to bag a win and walk away with more money in your pockets than you came with in the first place. If you’re interested in playing Pai Gow Poker Online for real money, we recommend you have a read through this article to learn about how to build your bankroll, how much you should aim at having and how to manage your Pai Gow bankroll.
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Pai Gow Poker Online is a casino game which can be played using both a small or large bankroll due to the fact that the game usually features betting options which are quite low. Yet, although it is possible to play the casino game by using a small bankroll, before you start playing the game you should recognize that having a large bankroll at your disposal might benefit you greatly in the end.
How Large should my bankroll be?
Fundamentally, deciding how large your bankroll should be is up to you. However, our players-turned-experts at CasinoTop10 do recommend that you put aside a bankroll that is anywhere from 50X to 100X the table’s minimum bet is. So, for example, if the smallest wager you can place is $5, your bankroll should ideally be from $250 (50 x 5) to $500 (100x5). But if you want to play for higher stakes than this and you’d like to sit down at a Pai Gow table which has a minimum stake that happens to be $50, your bankroll should be between $2,500 (50 x 50) and $5,000 or even higher.
How to Build Your Pai Gow Poker Bankroll
Fundamentally, building your bankroll is extremely easy. All you have to do is put your mind to saving towards your Pai Gow Poker experience and you’ll be well on your way to playing at a casino of your choice. Perhaps the best way to build your bankroll is to go ahead and save 10% to 15% of your pay check at the beginning of each month and put it in a bank account which is completely separate from the one which you use for your monthly expenses. Moreover, before you opt to sign up to a particular casino always consider how big your bonus will be. If you’d like to learn about all the different bonuses available, have a read through our online casino bonus page.
How to Manage your Bankroll whilst playing the Casino Game
You should always try to manage your bankroll in the best way possible, no matter how large of a bankroll you’re equipped with. This of course involves determining how big your individual bets will be as well as pacing yourself whilst playing the game.
How Large should Your Bets be?
Many of us keen gamblers often ponder on the question above in the hope of coming to a conclusion on the topic of betting size. However, in actual fact you can’t exactly be sure of how much to bet. When wagering, we recommend your bets are equivalent to roughly 1% or 2% of the entire bankroll. If you happen to be playing at a land-based casino and decide to bet on a dragon hand along with the hand you’ve been dealt, the amounts wagered should anticipate the additional risk and be reduced to 0.5% to 1% of the total bankroll. Big bets may result in big wins, but in view of the House Edge, big losses are even more likely.
1) Use Your Bankroll Wisely
Remember the key to success most of the time is pacing yourself whilst playing a casino game. So, don’t start off by placing huge bets as you just might end up losing it all in a matter of minutes. Instead, start by placing small bets. If you realize that you’ve come across a stroke of good luck, then think about betting bigger.
2) Take House Commissions into Consideration
Remember that winners must pay a five percent commission on all winning bets. So, you must take commissions into consideration before you’ve finalized your bankroll. The commissions will eat at your winnings to some extent. You'll need a bankroll that can handle losing streaks that will not be entirely made up by a winning streak of equivalent length.
3) Be Realistic in How Much Your Expect to Win whilst Playing the casino game
Even if your bankroll is large and you can afford to place large bets, you should always try to be realistic about how much you expect to win. You cannot expect to turn $500 into $3000 at a $5 table at the snap of your fingers. Moreover, you should not expect a return every hour or so as you won’t manage to win all the time.
4) Know when to stop playing
Pai Gow Poker tends to be a game which develops very slowly. If you started with a reasonable bankroll and lose your entire stake, maybe it’s just best to pack up your things and go home for the day rather than taking a visit to the atm.
Manage Your Money Well whilst playing Pai Gow Poker
Although you won’t see huge crowds of people at the casino flocking to play Pai Gow Poker, it’s definitely a casino game which is fun and rewarding when played correctly. Of course, you should always take into consideration that playing Pai Gow Poker Online like a pro will come with time, implementing some money management skills will definitely lead you to improving your game and possibly winning a huge amount in the future. If you’re new to this casino game, we suggest trying out a Free Pai Gow Game instead of diving into a game for real money. That way, you’ll not only manage to learn how to play the casino game well but you’ll also be able to tell if the game is worth your time and effort at the casino.