Sunday, December 6, 2009

Build Your Bankroll

Everyone has high hopes of winning big money playing online poker. In order to do so you'll need to build your bankroll to get into the bigger games. Building your bankroll can be a lot easier then you may think. Even by playing break even poker you can make good money if you follow a few strategies.

Poker Bonuses


The first way to quickly build your bankroll is to play on sites that offer bonuses. All the major sites offers great deposit bonuses, in some cases up to $2,500. It is possible to make thousands of dollars simply by going from room to room clearing the deposit bonus. When you first start out and are playing at lower limits this is a great way to quickly build up your roll. For exclusive bonuses and bonus information check out Bonus-Hunting.com.

Rakeback

Poker sites make money by taking a percentage of each pot played, this is called the rake. If you sign up to poker sites through affiliates you can get up to 40% of your rake back. This can quickly add up to $100s that is deposited directly into your poker account every week. For many players the amount of rakeback they collect each week could be higher then their actual poker winnings.

Multi-table

Multi-tabling is a great way to build your bankroll quickly. Playing more hands per hour will allow your hourly earnings to increase, make clearing bonuses quicker, and lead to more rakeback. The trick with multi-tabling is to start playing two tables until you feel comfortable then slowly keep adding tables until you get to the point where you can play enough tables and still be able to focus on what you are doing. Almost all lower to mid stakes poker players will play at least 4 tables. Work on mulit-tabling and watch your bankroll grow.

Bankroll Management

It is always a good idea to play at stakes you feel comfortable at and are bankrolled for. There can be big swings in poker, you need to make sure your bankroll can handle the downswings when they come. A general rule of thumb is to make sure you have between 20 to 30 buy-ins depending on the game you are playing. If you are playing No Limit Hold'em with a $100 buy-in, you would need a bankroll of $2000 to $3000. As your bankroll grows you can move up stakes staying between 20 to 30 buy-ins. If your bankroll drops, move down stakes to build it back up. If you follow this strategy you can safely build your bankroll moving up stakes without the risk of going broke.

Table Selection

Table selection becomes increasingly more important as you move up stakes and find tougher competition. Always being looking for tables with loose players. These types of players are much easier to win money off. Almost every poker site as table information in the main lobby. Look for tables with see flop percentage of at least 30% with an average pot size of 10 big blinds minimum.

Follow these bankroll building tips and in no time you should be climbing up the stakes watching your bankroll grow.

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