| Getting
Started
A
quick guide to making money by being a break even level
(or better) poker player!
There
are so many poker sites offering a massive range of
bonuses, that anyone playing a site and not earning
a bonus for doing so, surely needs their head looking
at!
There
are quite a few 'getting started' and 'bonus whoring'
guides on the internet, but I believe most of them are
over complicated, ending up like some sort of murder
mystery book -
"If
you have more than $500, go to square 2, if you have
less than $100 go to option C5, or if you have precisely
$4.59, check out the offers section at bigbillspoker.com
and pick up a special prize!"
Instead,
this guide will give a simple to follow step by step
run through, which WILL earn you money. No ifs or buts,
just straight into it.
Assumptions
This
guide assumes that you know how to play poker to a break
even level, and have not deposited funds into the sites
detailed below.
If
you are not currently playing to break even level, then
either buy a book on how to play Low Limit Texas Hold'em,
or read up on the subject on the internet.
Once
you know the basics, I would advise you to sign up to
two sites -
- First
of all, register at Poker
Champs. They have hourly freeroll tournaments,
so you can play a lot of FREE poker, to get in some
practice. I would very much recommend playing freeroll
No Limit Texas Hold'em tournaments, rather than
play money ring games (single tables). The style
of play (after the first 10 minutes or so of madness
as the nutters go all in) is generally a lot closer
to what you will find at a real money table.
- Once
you have played freerolls on Poker Champs for a
few weeks (or until you feel you are doing well),
you should move onto the REAL MONEY tables at Royal
Vegas Poker. They will give you $10 free
of charge and without you having to deposit a penny!
Take your free $10 to the Low Limit Hold'em tables
(10/20c or below) and learn the ropes some more!
Most
importantly, you must learn discipline at this stage.
In the unlikely but possible event that you lose ALL
your free $10, do not deposit any of your own funds
into the account. Simply play the two daily freerolls
($200 and $1000) until you win enough in prize money
to play at the real money tables again. The general
gist of this guide is not "speculate to accumulate"
but more fool proof - I know it will sound like a con,
but if you follow this guide sensibly and you know the
basics of poker, you CANNOT FAIL to make money!
SO... if you are now breaking even on the real money
tables of Royal Vegas....
Let's
Begin!
First
thing you need to do is find yourself $50. If you're
thinking "ooh, that's too much, I can't afford
that", then think again and read the next paragraph
or so, to see that this really is fool proof. If after
reading through, you still reeeeeeeally can't stretch
to $50, move to site 2, complete that, then come back.
Site
Number One - Bet 365
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Go
to Bet
365, download the software,
open a poker account and deposit your $50. As
you will see in our bonuses
section, they offer a 100% first deposit match
bonus, meaning that if you pay in $50 to a new
account, you will be given a free $50, once you
meet certain criteria. |
The
reason we're starting at Bet 365, is because these criteria
are very easy to complete! All you have to do is play
250 raked hands and the $50 bonus is yours.
Still
not want to commit $50? Lets take a closer look
at the bonus!
- $50
divided by 250 raked hands gives you a bonus
of 20c per raked hand.
- Given
that hands are raked at around 20c on Bet 365,
you could theoretically sit at a 5/10c Limit
Table and play every hand, just calling the
Big Blind, before folding on the flop.
- You
would be putting in 5c to each pot, whilst 95%
of these pots will be raked (given the style
of play at this level).
- 250
raked hands * 5 cents is $12.50, so even if
you lose EVERY SINGLE HAND YOU PLAY, you have
only lost $12.50 to qualify for your free $50
- a profit of $37.50!
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Now
the above example does take the mickey somewhat and
if you were that obvious about it, Bet 365 (or any other
site for that matter) may well refuse to pay out the
bonus. The above example is therefore meant to illustrate
JUST HOW BAD you would have to be, to not make money
out of these bonuses!
A
Quick Something (Keeping Track)....
One
of the most important things you can do when embarking
poker adventure / career / whatever you want to call
it, is KEEP TRACK!
The
easiest way to do this is via a spreadsheet. Now this
can be as simple or as complicated as you like, but
it must keep track of your profits and losses as well
as things like your raked hands and pending bonuses.
Being
the good samaritan, I have included my own spreadsheet
from a little while ago, complete with some data, so
you can see what you to put where. It's not perfect
but it does the job - just input your data in the shaded
areas and leave the white boxes to auto calculate.
Click
Here for the spreadsheet.
How
should you play through your bonus?
I
would personally recommend playing at 25/50c Limit tables,
if you are confident that you can play to a break even
level. This is totally up to you though - it's your
money and it's your time, so play at a level you find
interesting and exciting, whilst minimising your risk
of losing big to a bad beat!
Whilst
you're at Bet 365...
Make
sure you take advantage of their MASSIVE freerolls.
They have a weekly $5000 freeroll with no entry requirements
(Saturday at 7pm UK time) as well as a daily $1000 and
$200 freerolls. Also, if you play more than 100 of your
250 raked hands in a 24 hour period, you can enter 3
more $1000 freerolls per day.
These
are all certainly worth a punt, as they pay out up to
300 places, with $950 going to the winner of the big
$5000 event. MTT's can also help break up the monotony
of playing ring games purely to clear a bonus. Even
more impressively, if you play 250 raked hands in a
month (which you will be doing) you can enter their
$30,000 monthly freeroll. Somebodys got to win it, why
not you!
Wrapping
things up at Bet 365...
Once
you have cleared 250 raked hands, you will need to drop
an email to Bet 365 customer services. They are the
only site I've come across so far where you need to
do this, but it's no hassle. Simply say "I've played
the required number of raked hands to claim my bonus,
could you please credit my poker account (username)
with my $50 bonus"
Once
your account is credited, it's time for a progress check.
How much profit did you make? Would you play a different
blind structure if you had another chance? Were you
too tight? Too loose?
Take
stock for a moment, withdraw your winnings (if you want
to) and get ready for site number 2 - there's no point
playing Bet 365 any more, if they're not giving you
a bonus for the priveledge... someone else is about
to!
N.B.
You should still visit Bet 365 once a week for the $5000
freeroll - it's simply too big to miss!
Click
here to move on to site number 2!
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