Have you thought about buying stock in a certain company but just didn't have the cash to make a trade? Or perhaps you heard news about a company and thought to yourself that the stock price was poised to rise? Or maybe you have always just wanted to know more about picking stocks? Thanks to virtual stock exchange technology, stock market simulators (aka stock market games) that let you pick securities, make trades and track the results — all without risking a penny—are as close as your keyboard or cell phone.
What is a Stock Market Game?
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Online stock market games are simple, easy-to-use programs that imitate the real-life workings of the equities markets. Most stock market games give users $100,000 in pretend money to start. From there, players pick to purchase; most of the stocks are those that are available on the New York Stock Exchange (NYSE), Nasdaq and the American Stock Exchange (AMEX).
Most online stock simulators try to match real-life circumstances and actual performance as much as possible. Many even charge broker fees and commissions. These charges can significantly affect an investor's bottom line, and including these in simulated trading helps users learn to factor these costs in when making purchasing decisions. Along the way, they'll also learn the basics of finance and learn the basic terminology of investing, such as momentum trading, shorts and P/E ratios.
Some Caveats
These useful skills can be applied to an actual trading account. Of course, in the real world, there are numerous factors that affect trading and investment decisions, such as one's risk tolerance, investment horizon, investment objectives, taxation issues, need for diversification, and so on. It is impossible to take investor psychology into account because actual hard cash is not at risk.
Also, while the Investopedia Stock Simulator comes close to replicating the real-life experience of trading, it does not currently offer a real-time trading environment with live prices. However, for most users, the 15-minute lag in trade execution will not be an impairment to their learning experience.
Investopedia's Stock Simulator: Play Your Way to Profits
The Investopedia Stock Simulator is well integrated with the site's familiar educational content. Using real data from the markets, the trading occurs in context of a game, which can involve joining an existing game or the creation of a custom game that allows the user to configure the rules. Options, margin trading, adjustable commission rates and other choices provide a variety of ways to customize the games. From there, an easy-to-navigate menu lets users update their profiles, review holdings, trade and check their rankings, research investments and review their awards (which can be earned for completing various activities).
Online poker cash games (occasionally referred to as 'ring games') are huge. It's the most popular way to play online poker for real money in 2021, with the no limit Texas Hold'em variant getting the most action.
So, where are the best places to play poker cash games online?
Top 5 poker rooms for cash games 2021.
Rank | Room | Rating | Competition | Lowest | Multi | Bonus |
---|---|---|---|---|---|---|
Ignition Poker | A+ | Weak | $2NL | 4 | $1,000 | |
SwC Poker | A | Weak | $2NL | 4+ | - | |
Americas Cardroom | A | Tricky | $2NL | 16+ | $1,000 | |
Betsafe Poker | B | Average | $4NL | 12 | €2,000 | |
Nitrogen Poker | B | Weak | $20NL | 8+ | - |
Note: $2NL is just another way of writing 1c/2c no limit hold'em. The number in this '$2NL' format indicates the maximum 100bb buy in.
What makes for a good cash game poker room?
Every site offers cash games; the same format, and mostly the same stakes. So how can one online poker room be better than another for ring games? Here are the main factors that set sites apart in this field:
- Player traffic. More players = more action. Volume and variety is always a good thing in online poker, especially if you plan on multi-tabling.
- Level of competition. If you're playing poker, you want to play against the worst players possible – that's how you make money. Some poker sites are softer than others.
- Wide range of stakes. Although every site has a decent range, some sites do not offer the super-micro stakes of $5NL or lower, or high stakes games of $400NL+.
- Professional software. You want to play at a poker room that takes the game as seriously as you do. When you're playing for real money, the last thing you want to worry about is sluggish or buggy software. If you're a Mac user you'll want to check that your chosen poker room is Mac friendly as well.
- Multi-tabling. One of the best aspects of playing online poker cash games is the ability to sit down at multiple tables. The maximum number of open windows (tables) varies from site to site, so you want to be sure that the room you're playing at can accommodate your needs.
- Features. Not totally essential, but it's nice to have stuff like the 4 colour deck and general table customisation options.
- Low rake. This isn't an issue these days as the rake taken from cash games is virtually equal across all the major online poker sites. Used to be a consideration a few years ago, but 5% rake from each pot is now the standard.
Online Cash Making Games Websites
That's all the essential stuff to look at when looking for the best cash game poker site.
It's also worth noting that I ranked these factors based on importance. Therefore, I wouldn't play at a poker room for its cool features if the player traffic is abysmal.
Why cash games are cool.
I love cash games. I really do.
I highly doubt that I need to convince you that ring games are awesome, because you're already looking for information on where's best to play them. However, here are three reasons why cash games are immense:
- Titanic Poker Scene – If Jack didn't win his Titanic ticket in a cash game, he never would have gotten on that boat, and this film would have been a lot less interesting.
- Judge's Game Scene in Rounders – A bit over the top, but that doesn't stop it from being as cool as eskimo pie. Unfortunately though, another scene from this film made it in to my top 5 misconceptions about poker in film.
- Cool Hand Luke Poker Scene – Proof that bluffing makes you awesome.
What do all these scenes have in common? Money. Real money. None of that tournament business with frilly pretend-money chips. Cash. Man cash.
Playing cash games will allow you to be that cool old man who tells stories to grandchildren about how you won crispy money in ruthless games of poker 'back in the day', whilst puffing away on your homemade tobacco pipe. That's why cash games are cool.
Full ring and 6max.
Full Ring and 6max are the two main variants of no limit Texas Hold'em cash games. So what's the difference?
- Full Ring – 9 players max (occasionally 10, but usually it's 9)
- 6max – 6 players max (bet you didn't see that coming)
Literally, the only difference between full ring and 6max is the number of players that can sit down at the table at a time.
The differences between full ring and 6max.
Even though 3 extra (or less) seats is the structural difference between these two cash games, it actually has a significant effect on the way these games play. Here's a summary.
- Game speed.
- FR: 60 hands/hour
- 6max: 85 hands/hour
- Starting hand selection.
- FR: Tighter. You can afford to wait for more premium hands as the blinds come around less frequently.
- 6max: Looser. You have to be prepared to use skill advantage than card advantage to win money.
- Difficulty.
- FR: Lower. You can play the situation more than the player. It's less important to adjust to exploit specific players at the table.
- 6max: Higher. Fewer players makes the action more personal, so you need to be able to understand your opponents more. This also means you have more opportunities to exploit bad players.
- Variance.
- FR: Lower. FR is less 'swingy' than 6max, which some players will prefer.
- 6max: Higher. Looser action means that more money gets put in to the pot more often with varying hand strengths.
- Profitability.
- FR + 6max: The slight majority of players agree that 6max can be more profitable than FR. This is because bad players are more 'exposed' in 6max thanks to there being a fewer number of seats at the table. However, the tradeoff is that you need to have more skill to beat 6max and the variance is greater.
Which variant is best for me?
Loads of players ask this question. Do a Google search for full ring vs 6max
and you'll be greeted with roughly one squillion forum thread results. It's a popular topic. Nonetheless, here's my basic recommendation:
Play full ring if you don't mind sitting back and being more selective with which hands you play. It's a slightly more relaxed game, and the variance is lower than on 6max tables.
Play 6max if you like to play more hands and your are comfortable with your postflop game. You have to be prepared to deal with a higher level of variance though.
I guess you can think of full ring as being slow and steady, and 6max as faster and more action-orientated. I definitely wouldn't say that one is better than the other though – both games are profitable if you know how to play them well. Just choose the format that you feel suits your playing style the best. Learn2Holdem.com has a nice comparison article on full ring and 6max.
Play money vs real money cash games.
The play money tables are hugely popular. They can also be a barrel of fun – if you're 12 years old or something.
There is a tremendous difference between playing for fun and playing in $2NL cash games. Sure, you might argue that playing $2NL is virtually playing for fun, but the reality is that the quality of play between these two games is unrecognizable.
If you've played in both micro stake cash games and on the play money tables you'll know exactly what I mean. If you haven't, you're missing out. Playing for real money is far more exciting, even if it is only for 1c/2c stakes.
If you truly want to experience online poker cash games, play them for real money.
High Stakes Poker (TV Show).
High Stakes Poker is a TV program on GSN. If you love ring games half as much as I do I'd give it a watch.
The show films professional poker players playing in a high stakes no limit Texas Hold'em cash game. It's immensely entertaining, and it's the best poker TV show out there by a long shot.
What I love about HSP is the fact that it's a real game of poker. It's not a fabricated tournament where players just put on a performance for the cameras – the players on HSP genuinely care about the money in front of them, which makes for a fantastic showcase of talent.
Famous cash players.
Here a few big-name poker players that are renowned for their ability (and winnings) in cash games. I'm sure you'll recognize a few of them:
- Tom Dwan (Durrrr) – The epitome of high stakes online poker. Plays the highest stakes HU cash games around and has gone through some of the biggest swings ever witnessed in online poker ($3 million+ each way over a matter of days). Still a huge winner overall though.
- Phil Ivey – One of the greatest all-round poker players ever. Has won over $15 million playing online poker alone.
- Patrik Antonius – Highly respected HU NLHE player. First player to participate in the Durrrr challenge.
- Viktor Blom (Isildur1) – Relatively new name in online poker, but won a ridiculous amount of money from top players like Durrrr and Phil Ivey throughout 2010, winning over $5 million in total at his peak.
- Doyle Brunson – Even though he's most famous for his WSOP bracelets, cash games have always been his bread and butter.
Although all of these guys are exceptional NLHE players, they also tend to play a lot of PLO online. Still, they're both cash games, so it's all good.
A few quick tips.
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I can't give a well-rounded strategy on how to beat online poker cash games in a few short sentences, but I can throw some essential tips in your direction.
- Stick to good bankroll management. Always have at least 20 buy-ins for the stakes you want to play at. If you don't, you're setting yourself up for a fall.
- Try multi-tabling. If you're already good at poker, this is the easiest way to increase your winrate.
- Table select. Online poker gives you the fantastic opportunity to select which tables you play at, and the choice is plentiful to say the least. If you know that there are bad players at certain tables, sit at those and win more money.
- Use stats to help you with decisions. Download and start using Poker Tracker before you play another hand of online poker. Stats (e.g. VPIP and PFR) give you a tremendous edge over your opponents, so why aren't you using them?
Loads of players ask this question. Do a Google search for full ring vs 6max
and you'll be greeted with roughly one squillion forum thread results. It's a popular topic. Nonetheless, here's my basic recommendation:
Play full ring if you don't mind sitting back and being more selective with which hands you play. It's a slightly more relaxed game, and the variance is lower than on 6max tables.
Play 6max if you like to play more hands and your are comfortable with your postflop game. You have to be prepared to deal with a higher level of variance though.
I guess you can think of full ring as being slow and steady, and 6max as faster and more action-orientated. I definitely wouldn't say that one is better than the other though – both games are profitable if you know how to play them well. Just choose the format that you feel suits your playing style the best. Learn2Holdem.com has a nice comparison article on full ring and 6max.
Play money vs real money cash games.
The play money tables are hugely popular. They can also be a barrel of fun – if you're 12 years old or something.
There is a tremendous difference between playing for fun and playing in $2NL cash games. Sure, you might argue that playing $2NL is virtually playing for fun, but the reality is that the quality of play between these two games is unrecognizable.
If you've played in both micro stake cash games and on the play money tables you'll know exactly what I mean. If you haven't, you're missing out. Playing for real money is far more exciting, even if it is only for 1c/2c stakes.
If you truly want to experience online poker cash games, play them for real money.
High Stakes Poker (TV Show).
High Stakes Poker is a TV program on GSN. If you love ring games half as much as I do I'd give it a watch.
The show films professional poker players playing in a high stakes no limit Texas Hold'em cash game. It's immensely entertaining, and it's the best poker TV show out there by a long shot.
What I love about HSP is the fact that it's a real game of poker. It's not a fabricated tournament where players just put on a performance for the cameras – the players on HSP genuinely care about the money in front of them, which makes for a fantastic showcase of talent.
Famous cash players.
Here a few big-name poker players that are renowned for their ability (and winnings) in cash games. I'm sure you'll recognize a few of them:
- Tom Dwan (Durrrr) – The epitome of high stakes online poker. Plays the highest stakes HU cash games around and has gone through some of the biggest swings ever witnessed in online poker ($3 million+ each way over a matter of days). Still a huge winner overall though.
- Phil Ivey – One of the greatest all-round poker players ever. Has won over $15 million playing online poker alone.
- Patrik Antonius – Highly respected HU NLHE player. First player to participate in the Durrrr challenge.
- Viktor Blom (Isildur1) – Relatively new name in online poker, but won a ridiculous amount of money from top players like Durrrr and Phil Ivey throughout 2010, winning over $5 million in total at his peak.
- Doyle Brunson – Even though he's most famous for his WSOP bracelets, cash games have always been his bread and butter.
Although all of these guys are exceptional NLHE players, they also tend to play a lot of PLO online. Still, they're both cash games, so it's all good.
A few quick tips.
Online Cash Making Games Online
I can't give a well-rounded strategy on how to beat online poker cash games in a few short sentences, but I can throw some essential tips in your direction.
- Stick to good bankroll management. Always have at least 20 buy-ins for the stakes you want to play at. If you don't, you're setting yourself up for a fall.
- Try multi-tabling. If you're already good at poker, this is the easiest way to increase your winrate.
- Table select. Online poker gives you the fantastic opportunity to select which tables you play at, and the choice is plentiful to say the least. If you know that there are bad players at certain tables, sit at those and win more money.
- Use stats to help you with decisions. Download and start using Poker Tracker before you play another hand of online poker. Stats (e.g. VPIP and PFR) give you a tremendous edge over your opponents, so why aren't you using them?
After this it's all about playing your socks off and learning as much strategy as you can. My strategy articles and strategy videos are decent places to start. After that, look in to paid training – it's worth it.
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Go back to the Texas Hold'em rooms.