Investing Wisely to Build Your Poker Bankroll
Many people don't have the disposable income to maintain a bankroll strictly for poker. These people typically play with whatever money they have on them and very rarely track their results across sessions. However, keeping a separate bankroll and track of your wins and losses is an important element to becoming a winning poker player. For those who don't have enough money to maintain a healthy bankroll, chasing bonuses is one of the most effective ways to build. There is a specific strategy to building a bankroll playing the lower limits chasing bonuses and I will give you the highlights of the best strategy. The best strategy is one that adds dollars to your bankroll immediately. While some might argue that it is important to go after a deposit with the highest percentage because it translates to the most cash, this is not particularly useful to the majority of bonus hunters because they will go broke before they ever get the money. This may mean passing on certain higher percentage offers in favor of a smaller return because the smaller return is more attainable. High percentage bonus offers usually require a longer amount of play before you get your money. The best strategy is to start where you can clear bonuses quickly with little risk. The money added to your bankroll will prolong the likelihood that you won't get cleaned out, assuming you stick to the lower limits and play carefully. The sooner you get the bonus the healthier your bankroll will be and the greater likelihood you will be able to handle the swings of the game without going bust. This assumes that you can play nearly break-even poker for a short period of time in order to clear the easy requirements. Game selection and patience is key during this period because a softer lower limit game is going to have less variance than a difficult one. This means not playing over your bankroll. It is important to start out at the smallest possible level that still clears the bonus requirements in a reasonable manner when you are short stacked. I'm talking in the neighborhood of $.50-1 limit. The swings should be minimal at this level because the play is so terrible. Tighten up and play conservatively and you should be able to win a little money and clear the bonus in an hour or two of play. Once you clear it, cash it in somewhere else. Do a little research and find bonuses that are quick and pain free to clear. Full Tilt will give you a 100% bonus that clears in $20 increments. (Take advantage of this offer right now). Once you get a decent enough amount (250-350 B.B.) you can cash out your money and start chasing the 100% bonuses offers at sites like Full Tilt. By that time you will be well on your way to being properly bankrolled for the lower limit games and you will be able to handle the swings of the game thanks to your smart investment strategy. Mitch Free wants the U.S. Government to LEGALIZE ONLINE POKER. Go to his site to share your opinion on the debate. |
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