One of the trickiest things for any online poker player, regardless of their ability, is to build a bankroll from next to nothing, and this is exactly where 95% of online poker players begin their poker careers. Many new online poker players simply deposit an insignificant amount of money, and head over to the playground, to the point that a single bad-beat often ends up being their experiment as a poker player.
When the poker players go this route they are completely ignoring variance, even if they are really strong poker players who leave their fate in the hands of lady luck, and instead of playing enough hands of online poker rather than themselves at variance’s mercy situs casino.
The following three-step process:
Phase 1 – Choosing a site. If you want to choose a site that offers at least one level below the stakes you intend to start playing out, the more levels below the better. Also get a deposit bonus or rake-back. Receiving a good deposit bonus and, more importantly, a good rakeback deal — one-time occurrence, rakeback deals for life — will allow you to buy your bankroll even faster when you win, and offset some of your losses -swings. Rakeback is truly the gift that keeps on giving!
Phase 2 – How Much to Risk. This is where you need to exercise good discipline, and don’t take random shots at high stakes games, or try to learn a new game: these are things you can do once you have a professional bankroll that can cover more than any random losses. might suffer.
Whatever your initial bankroll was -in the number of buy-ins you always want to be. That means if you start with a 20 buy-in bankroll, and your bankroll takes a hit and falls to 12 buy-ins, you should drop down to the limits of some of those losses: Don’t keep hammering your head. wall.Dropping down is important, because as long as you can, you can always go down!
Phase 3 – Limits in Moving Up. This is where you will take a few shots at higher stakes tables —the next stakes up, not 10x higher — when you spot a weak lineup or a really big donkey, risking a single full buy-in (which should be about double what you would probably risk in an online poker game). If you win one of these excursions, you will be able to pad your bankroll with a big win —allowing you to move up.
And if you take a hit, it’s okay, as long as you don’t drop more than 1 buy-in-the-game-you-can-win-a-buy-in (which would be your normal stakes at 2 buy-ins) , but overcoming a multiple buy-in downswing will be difficult, financially and mentally. So, if you have a shot when you lose your normal stakes, or even to the next level down, you have to.
Bonuses + Rakeback + Rake Races + Freerolls
When you are trying to build a bankroll it’s incredibly important that you take advantage of online poker affiliates. The fastest way to add to your bankroll is to take advantage of a deposit bonus. A deposit bonus is quick, free money that will help any new online poker player’s bankroll. Even more important to play with is a good rakeback deal:
Unlike a deposit bonus, a rakeback deal is for life! So instead of a big one-time addition to your online poker bankroll, a good rakeback deal with the extra money you will get.
Also, poker affiliates often offer exclusive freeroll tournaments and rake races, which cost you nothing to enter, and the potential for a huge payday: and therefore a quick boost to your bankroll. By utilizing a poker affiliate exclusive promotions, online poker players can receive a good deposit bonus, a great rakeback deal, gain entry into exclusive freeroll tournaments, and participate in rake races.
You can continue on this fashion until you have a point where you can build a safe bankroll, and if you lose it, you can easily replace it with money. And that’s it at this point -when you have a built-in sizeable online poker bankroll– you’ll want to read Part 5 of this series.
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