Building a Bankroll from Zero - Free Online Poker Skills Series
Uncategorized Tagged free online poker, free online poker tournaments free online poker site February 1st, 2010My first tip would be to avoid the huge sites where the freerolls can take as many twenty thousand players at one time. Chances are that the payout at the end will be pretty big, but the chances of getting there are very unlikely. Place top 1% to win a ticket to this, for a shot at that. After placement in top 1% two or even 3 times in a row is how you make money.
Hitting the big tables is where many players fail. Search for a site which is smaller and doesn’t have more than 200 people in the freerolls. You may not win a trip to Vegas but this will start you on your way. Winning anywhere from 10c to $5 or $10 is not uncommon and a few placements like this is all you need to be on your way. Now you have made the first steps and have a some money to play with, the trick is to know how to manage your bankroll to avoid losing everything you have won so far in a single game.
The common way to do this is said to be using 1/20th of your bankroll for NL cash games. You want to have at least 300 big blinds in limit cash games so if the big blind is 5c you should have at least $15 before you sit. If you prefer SnG tournaments with 6-10 people you should use only 1/40th of your bankroll and about 1/100th for large tournaments.
The reason for playing with so little of your bankroll is because it doesn’t matter who you are we all go on hot and cold streaks. Managing your bankroll accounts for you losing for awhile without needing to worry about going broke. Obviously, if you can fund more games after you have lost your whole bankroll then these tips do not apply to you, but its always wise to keep an eye on it no matter how much money you may have. When I started playing, I found that free online poker were the way forward and I managed to get some cash behind me to occasionally take my play to real cash games.


February 14th, 2010 at 11:44 pm
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