One question that comes up often is how to take a small amount of money and turn it into thousands? There is no easy answer to this question, but there is a plan and it certainly involves finding a free poker money deal and using it properly to build up a bankroll that will become the envy of your friends.
First: Get a Free Poker Money Deal From Pokerspace
The first step has to be to get the free poker money from Pokerspace. There are a number of great poker rooms to choose from like Absolute Poker, UltimateBet, and the new Power Poker. Each of these deals will give you a small influx of money to play with. The deals always require a certain amount of raked hands before you are allowed to withdraw the money, but this is a small price to pay for free money.
To get the number of raked hands in you should stick to some micro level ring games. In the process it is always hopeful that you will win some money, but if you break even in your quest that's always good too. Staying at micro levels will help keep the potential losses at a minimum in the process.
What to Play With Your Free Bankroll
A lot of pros obviously play cash ring games, but when you're starting out with a small bankroll it is better to stay away from cash games, the possibility of losing it all after going tilt is very easy. The start should be at the Sit'n'Go level. By playing SNGs you are opening yourself up to better odds of cashing than if you went to a cash game table or entered into a MTT. The time value of SNGs is the best way to keep your winning percentages up, and by playing more you are helping yourself keep up with the natural variances of poker. You're not going to win every time, but SNGs will help you win some of the time.
As far as what buy-in levels you are at this is directly contingent upon your bankroll level. You should try and never go above 5% of your bankroll per session. This means that if you have a $40 bankroll you should be playing in no higher than $2 SNGs. This will give you more chances to win. As you begin winning and moving your bankroll up be sure to move the stakes up very cautiously. You don't want to lose everything you've won just because you moved the stakes up too early and lost and few sessions in a row.
These are just some of the easiest ways to begin a successful online poker career with just a little bit of free poker money from Pokerspace.
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