Your Online Poker Bankroll
Building an online poker bankroll can often be a difficult task. To play effectively, you must have enough money so that one string of bad cards won’t ruin your bankroll. Therefore, you should always have a considerably higher bankroll than the largest blind of the game you’re playing. Most experts will say that one should have at least 200-300 times the big blind of any game. We all want to jump into the big games right away, but if you haven’t built your bankroll substantially, you are likely see your chips being moved away to another player’s stack. Don’t let this happen. Before moving up to big limits, build you bankroll through these steps.
One way of building a substantial bankroll is to make the most of each poker room‘s bonuses. Instead of signing up to just a single poker room, sign up for a few, and make the most out of each one’s bonus. Thus, instead of just receiving one deposit bonus, you would receive multiple ones. But be sure to check on restrictions and limitations before doing so.
Another free way to build a poker bankroll is by playing in a room’s freerolls. A freeroll is a poker tournament that doesn’t require money deposit for participating. The advantage of playing in a freeroll, however, is that you can win a substantial amount if you play correctly and make it to the end. Freerolls are brand sponsored, multi-table tournaments that usually have hundreds – if not thousands – of players. For that fact alone, making money here is no easy task.
In freerolls, people generally play a lot freer than they would normally play. This is because, it is a freeroll, and they don’t have money at risk, and this usually breeds carelessness with chips. In the early stages of the tournament, lie low and play only the premium starting hands. You’ll see a lot of big betting and a lot of all-ins, so unless you have one of the top starting hands, stay out of the pot. Also, don’t try bluffing too often for you will end up wasting chips.
The key to winning a freeroll tournament is preserving your stack. Don’t take unnecessary risks, and don’t make too many stupid moves. Just play correct, fundamental poker, and you will make money in no time.
Some sites even go as far as to offer free chips just for signing up to play with their software. Though few in number, these sites will instantly deposit money into your account for you to play, if you just download their software. If you spot one of these promotions, be sure to utilize it to the fullest. Though the money may be a small amount, within a few days or hours, by playing correct poker, you could easily, double, triple, or even quadruple that small amount, giving you a free poker bankroll.
Many new poker players make the mistake of playing above their limitations. As mentioned earlier, when playing any version of poker, it is a general rule of thumb to have at least 200-300 big blinds in your stack. This ensures that one or two bad strings of cards won’t end your night, forcing you to deposit more money to continue playing. Play within your limits. Of course, bigger limits mean bigger pots, which ultimately mean bigger wins, but by playing beyond your limit, you run the risk of destroying your bankroll.
Playing online poker is like playing on a pyramid. Start with a few Sit-n-Go games and smaller limit games to build a sizeable bankroll. After that, move up a level to higher stakes. Once you conquer those stakes, move up again. Go on, till you make some decent money playing a game you love.