most players, the difference between the house having
a 1 percent advantage over you, and you having a 1
percent over the house, might not seem like much.
To illustrate the difference this makes, take the
example of a player who has $2,000 and bets $20 per
hand on the bank in a no-commission games. He has
a greater than 90 percent chance of doubling his money
before losing it. Note that this is the exact reverse
of the ordinary situation, in which the bank gets
a 5 percent commission. When the odds are against
you, the best tactic is to shove out as much money
as possible. When they are with you, you want to employ
the opposite strategy, betting conservatively till
your long-run advantage kicks in.
The correct way to bet in a no-commission games is
simple: bet 1 percent of your "bankroll"
on each and every hand. Your bankroll is the amount
of money you're willing to risk gambling, and should
be separated from the money you need for necessities.
Of course, it's not practical to reassess your bet
on every hand, but you should reassess your bet every
time you take a break or if your bankroll rises or
falls dramatically. A good strategy is to cut your
bets in half when your bankroll is halved, and to
double your bets when your bankroll is doubled. This
will allow you to win at the fastest rate possible
without running an unacceptable risk of going broke.
particularly careful when cashing out players who
leave early, since you can't check the arithmetic
1 . Eliminate coinage by rounding players' cash-out
amounts down or up to the nearest dollar so that the
total remains the same.
2 . Speaking of coins, it is not unreasonable to refuse
to accept coins for buy-ins. Players shouldn't be
able to use your game as a clearing house for their
3 . Cashing out will be easier if you ask players
to buy-in with some small bills. As a backup, you
should keep a roll of ones and fives handy for the
4 . One wav to avoid miscounts when issuing or collecting
chips is to buy a few plastic chip racks. Quality
poker chips have an industry-standard thickness that
allows a stack of chips to be counted by height. The
aforementioned racks are designed to hold chips in
five stacks of twenty; when a row is full, you know
there are twenty chips there, without the need to
count them manually..