The first bit of advice we can give you is don't leave all your eggs in one basket. Right now financial experts advise that you spread your savings between several banks to protect them and the same can be said of your poker bankroll. Generally speaking, your money is safe in a poker room, especially the bigger ones, but we are in turbulent times and who knows what is round the corner? There is a very slim chance that a poker room (or the bank they hold your funds with) could go bust –why would you want to potentially risk losing your entire bankroll or at least not being able to get to it for a while because it's all in one place?

If you play across several rooms then try and keep an equal amount in each and maybe some in an eWallet like NETeller or Moneybookers, to reduce your risk and give you more flexibility. If you stick to one room primarily why not earn interest on your bankroll by keeping it in a savings account, if you are using bankroll management you should never need your entire bankroll at any one time anyway.

Just as a little disclaimer, your money is safe in big reputable poker rooms and the above is simply a case of planning for the worst and hoping for the best.

Not only is the economy in turmoil but right now the pound is exceptionally weak against the dollar. This is obviously very bad news for anyone planning a trip to Vegas but there is silver lining on this grey cloud if you currently have dollars in a poker room (Which most of us do, as it is really the currency of poker). Assuming you are sticking to good bankroll management skills, this might be a good time to cash out some of those hard earned dollars and reap the benefits of the exchange rates.

$1000 will get you about £673 at the time of writing; 12 months ago you would have been looking at something closer to £450, so now is a really good time to enjoy your winnings. Likewise, you can make a case for playing lower stakes than you are used to, because you will have a greater skill edge while not hurting your sterling earn rate.

Obviously this works both ways, if you don't have dollars in a poker account right now you might be better off not depositing into a poker room that plays in dollars, as you won't get as many for the pound, and perhaps be better with a room like Sky Poker that plays in pounds.

The bottom line is, always keep an eye on what the currency markets are doing before you move money in and out of poker rooms.

Every week we are going to bring you the best deals to fight the credit crunch and get more value for your hard work at the tables. This week we are all about sending you for a holiday to Australia for next to nothing, with the added incentive with a free shot at a fortune with an Aussie Millions package.

You need to sign up to Littlewoods Poker via PokerNews to be eligible and how about a £200 sign up bonus to get you started?

If you would prefer to win your Aussie Millions seat the traditional way, by being the last man standing in a tournament, then we can get you there for free too. Poker770 and Titan Poker are holding freeroll qualifiers to the Aussie Millions for anyone who signs up via PokerNews and fulfils the reward point criteria. Three seats in total will be given away for nothing and once again, we expect relatively small fields for this so extra value all round. Go to our freerolls page for more details (And remember, this will make you eligible for all future PokerNews promotions on those poker rooms).

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