High Limit Poker
High stakes poker players isn’t as popular as low stakes and micros, but there’s no denying the fact that virtually every important poker site provides high-rollers with plenty of opportunities to take part in some high-risk, high-reward action.
The most popular high stakes poker variants are No Limit Texas Hold’em and Pot Limit Omaha. Finding high stakes ring games shouldn’t be much of an issue on major networks, but you should keep in mind that those stakes aren’t really popular on low-traffic sites. Furthermore, it is worth pointing out that many of the high stakes players are actually seasoned poker veterans and professionals who climbed to this level by starting with medium or even low stakes. Consequently, if you’re an inexperienced player, you should probably stick to playing medium stakes even if theoretically you can afford going for the biggest games.
High stakes poker isn’t all about cash games. Most sites run pre-scheduled high roller tournaments. These tournaments typically require the players to pay at least $200 in order to join the action. Since most players aren’t able to afford paying such a large buy-in, the number of people participating in events of this kind is rather low. This means that getting in on the money doesn’t require you to outlast all that many opponents. However, you shouldn’t allow this to lure you into a false sense of security, as much like in the case of standard ring games, high stakes players tend to be exceptionally skilled.
Even among high-rollers, the most common method of making a deposit to a poker site is to use a credit or debit card like Visa or MasterCard. Please note that regardless of the brand, credit cards aren’t 100% reliable – it is always possible for your transaction to be blocked. In such a case you won’t lose any money, but you’ll definitely be required to try a different card if you insist on using this method.
If you’d like to avoid the hassle of assuming this kind of trial and error approach, you could always deposit to a poker room that supports Western Union or MoneyGram payments. Money orders are guaranteed to go through every single time, but you should keep in mind that most sites will require you to cover the additional transaction fees.
There are two ways to withdraw from most US-facing poker sites. Most players prefer to cash out using a bank wire transfer, which is fairly cheap and shouldn’t take more than two weeks. However, if you’d like to withdraw a massive amount of money, you could consider using a check by courier. This method is quite expensive, but you should keep in mind that the maximum withdrawal limit tends to be significantly higher.
Another downside of requesting a check by courier is the fact that the entire process is likely to take 21-28 days. Most of the sites that support Western Union/MoneyGram deposits also allow their customers to cash out via a money order.
Poker bonuses aren’t as good as casino bonuses when it comes to catering to the needs of high-rollers, but they still allow you to grab up to $500 or $1,000 for free with a 100% match on your first payment. Please note that most poker bonuses won’t be credited to your account as soon as you make the deposit. Instead, the promotional funds will be released as you play the games at a rate which is determined by the amount of rake you pay. Consequently, playing high stakes games allows you to release the bonus at a higher rate.