Building a Bankroll from Online Poker Bonuses
One of the most common ways to build your bankroll if you’re a new poker player is through earning online poker bonuses from the many different poker rooms. This type of strategy for building your bankroll is often referred to as “Bonus Whoring” and is frowned upon by online poker rooms. The reason why poker rooms give their players sign-up bonuses is because they want them to remain loyal to their room. The last thing that the poker room wants is you to earn your bonus and withdraw your money from the poker room.
Thousands of players earn their bankrolls from doing this, but it has become a bit more difficult over the years. Nowadays poker rooms have put in some safety measures which ensures you need to earn your bonus from the room before you’ll be credited with it. In order to earn the poker bonuses from the various poker rooms you’re going to need to play poker in the room. Most poker rooms have a points system where you’ll earn player points for playing in the poker room. Once you earn a pre-determined amount of point’s part of your bonus will be released and this continues until you’ve earned your entire bonus.
The first thing that you need to look for when signing up for a poker room is the sign-up rules. It’s important that you find out how many player points you need to earn in order to receive the bonus. You should also find out if there is going to be a deadline on how long you have to earn it. This isn’t that big of a problem though because most poker rooms will give you 90-180 days to earn your bonus. If the amount of player points that you need to earn is reasonable for the amount of bonus money you’ll receive then you can sign-up for the poker room.
If you want to earn the sign-up bonus as quickly as possible so you can move onto the next poker room you should learn how to multi-table. The best way to earn bonuses is by multi-tabling the low limit cash game tables. As long as you break even while playing you’re still going to walk away with the profit of your sign-up bonus which can range from $100-$1000+ depending on the poker room and the size of your deposit. On the low limit tables most of the players will have really small stacks and breaking even isn’t that hard since you can easily steal pots with some bigger sized bets. Alternatively you could sit and play tight on a bunch of tables and only play the best hands you get dealt. This is the safer route since you should win a large percentage of the hands and you’ll earn points fast since you’re playing on so many tables.
You can easily earn a few grand from online poker bonuses in a short amount of time if you’re smart about how you do things. If you try making too much money while earning your points by playing higher limit games you risk going broke and therefore not earning the full amount of your bonus.