How to Build a Bankroll in Online Poker

How to Build a Poker Bankroll in Online Poker

There are thousands of professional online poker players who are making well over $100,000 per year.  Many of the top earners, including Tom “Durrrr” Dwan, Phil Ivey and Patrick Antonius make more than $1 million per month on average and are bankrolled up to around $15 – $20 million.

But all of these players had to start somewhere.  Tom Dwan for example claimed to have built his now superfluous $20 million bankroll all from a small $50 deposit at one of the earlier poker sites to operate online, Paradise Poker.

For all new poker players who wish to emulate the type of success that these astute, young players have enjoyed, there are going to be some setbacks along the way and it can’t happen overnight.  I can however provide my own tips as to the best way for you to build a poker bankroll and start making some decent income from online poker.

First of all, don’t make any deposits online until you are already a winning or even break-even player.  Online poker is much trickier than most people give it credit for, and there are a number of strategies, concepts and maths that you will have to learn before you can even break-even in the micro stakes ring games.  My suggestion is that you read as many poker strategy articles on the internet as possible or even download a couple of professional poker ebooks from sites such as DailyVariane.com or the PokereBookShop.com.  Until you’re able to understand key components of the game such as table position, bluffing, expected value and pot odds, you’ll probably just end up losing any money that you deposit online.

After you’ve read up on how to play online poker profitable, try playing in the play money games or even freeroll tournaments at the biggest US poker sites such as Full Tilt Poker.  Most poker sites even have special freerolls for new players with prizepools worth more than $1,000.

When you’re finally read to make a deposit online, don’t.  Instead, visit IPM for a range of free poker money offers.  IPM has a range of free bankrolls and offers for new players which give you a range of $50 and $100 free bankrolls at poker sites such as Titan Poker, PokerStars and Party Poker.  The great thing about these offers is that they allow you to play real money poker and gain valuable experience from the games without having to risk any of your own money.  This is basically free money given to you just to play and sign up at a particular poker site. What more could you ask for?

In terms of terms and conditions, this site does literally give you free money.  But the conditions require you to pass a small 20 question quiz and there will also be limitations on how many hands you have to play until you can withdraw the money from your cashier.  This is to prevent scammers from taking advantage of the free poker money offers and just withdrawing the money straight to their Paypal or Moneybookers account.