February 13th, 2010 
holdem master 
If you are interested in making some extra money by playing poker then here are a few tips on where to start. I’m not saying you’ll win that much or anything at all to be honest but if you would like to give it a try here is how to do it. If your starting from zero obviously you need to find a free online poker site with some freerolls.
Try not to waste too much of your time at major sites because often their freerolls have anywhere from 2,000 to 20,000 people. Chances are that the payout at the end will be pretty big, but the chances of getting there are very unlikely. Place top 1% to win a ticket to this, for a shot at that. After placement in top 1% two or even 3 times in a row is how you make money.
Hitting the big tables is where many players fail. Search for a site which is smaller and doesn’t have more than 200 people in the freerolls. You may not win a trip to Vegas but this will start you on your way. Winning anywhere from 10c to $5 or $10 is not uncommon and a few placements like this is all you need to be on your way. Now you have made the first steps and have a some money to play with, the trick is to know how to manage your bankroll to avoid losing everything you have won so far in a single game.
The common way to do this is said to be using 1/20th of your bankroll for NL cash games. You want to have at least 300 big blinds in limit cash games so if the big blind is 5c you should have at least $15 before you sit. If you prefer SnG tournaments with 6-10 people you should use only 1/40th of your bankroll and about 1/100th for large tournaments.
The reason for playing with so little of your bankroll is because it doesn’t matter who you are we all go on hot and cold streaks. Managing your bankroll accounts for you losing for awhile without needing to worry about going broke. If you have your own cash to play with then your bankroll can be restocked at any given time, so these rules really don’t apply to you unless you want to put yourself on a budget. If you, like most of us, need to build from a very low starting base then free online poker sites are ideal and will get you rolling.
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