A highly skilled no limit holdem player can expect some of the highest win rates of all poker games. The variance can be tough, though, since you will often be betting your entire stack in one hand. If you take a couple of bad beats, you could easily lose 200 big blinds in just a couple hands.
Contrary to popular belief, however, winning players can actually expect LESS variance than in many other games, including limit holdem. The reason for this is that in No Limit, you can bet your entire stack at any time, so a winning player will bust poor players much quicker. You also have the advantage of protecting your hand with large bets, controlling the pot and isolating players preflop so you end up in more heads up situations. You end up pushing large edges a few times per session, compared to limit where you are forced to push smaller edges more frequently. While you do risk losing your whole stack on one hand, a winning player will experience fewer long-term swings and expect higher win rates, in the neighborhood of about 10-15 big blinds per hundred hands.
It won’t be difficult at all to find a good no limit holdem game online. It is typically the most popular form of poker at every site and you should be able to find plenty of tables at any time of the day. For very high stakes, you might need to stick to the larger sites.
