Online poker continues to grow in popularity. Playing online poker provides an opportunity to win a lot of money and if you go about it the right way it’s even possible build a bankroll from scratch. With a little studying and practice each person has the potential to build up a nice sized bankroll from virtually nothing.
Do not waste your time playing at the play money tables or freerolls!
A number of novice poker players will get first contact with online poker by playing at the play money tables, as well as participating in freeroll tournaments. These games are beneficial to get more familiar with the gameplay, as well as the poker room software, but the skills of the players in these games leave a lot to be desired. It is not a good way to learn poker and it’s far from ideal if your intention is to build up a bankroll, since there are so many players that participate in freeroll tourneys, being that they are free to enter. Some freerolls attract thousands of players!
Even with a small bankroll it would be possible to play in micro stakes real money games offered at pretty much all online poker rooms. Even though the stakes are fairly small with ring game table stakes from as little as a few dollars, real poker is being played, as opposed to freerolls which are crapshoots, because for some people, the money will mean something to them.
With free poker money offers there is no risk of losing anything!
Those who are unwilling or unable to make a deposit in your account in order to play real money games, does not have to settle for playing free to play games for life. As there is competition between online poker sites, a number of poker rooms through its partners offer no deposit bonuses and free bankroll offers, allowing players to in some cases get an instant bankroll to start playing in the real money games straight away!
Why are some poker sites offering free money to new players? As already mentioned, the competition in the online poker industry is tough and a good way to attract new customers is to give money away to get new players to try out their real money poker games.
Poker rooms generate revenue from charging a portion of the pot (rake). If they can turn these players into loyal customers, there is a lot of money for them to make from rake, so they are willing to take that gamble by giving away some free money. They also lessen the risk because as part of the terms and conditions of the bonus offer the player is not allowed to withdraw the bonus money straight away, they first have to pay a certain amount in rake before being allowed to cash out any winnings.
In order to take advantage of any no deposit bonus you will need to make sure you don’t already have an account with the poker site as it only applies to new customers. But if you are creating a new account, and you happen to reside in one of the eligible countries for the promotion, the free money will be credited to your account within a matter of days. It can be a great way to build up a bankroll by playing micro stakes online without the hassle of trying to win freeroll tournaments, which every tom dick and harry seems to be doing.The amount of money you can expect to get from a free bankroll offer is never going to amount to what you can receive if you were to make a deposit, since the poker room is taking on more risk. Generally, you can expect to receive in the range of $5-$25 in free poker money. It’s not a huge amount, but you’re basically on a freeroll with the money. If you play it smart and start out by playing the micro stakes cash games, which are full of fishy players, there is no reason why you can’t turn that bankroll into something much bigger.