Whilst we want all of you to become excellent poker players and have a good win rate, we also want you to maximise opportunities to grow your bankroll. After all, if you are relying on skill alone, you are missing other ways to give your roll an injection of cash. That’s why in this article we’re going to share four ways you can boost your gambling bankroll.
One of the easiest ways to generate extra money and build your bankroll is via rakeback schemes. Most of you should already know how rakeback works. If you’re new to it, a simple way of understanding is this:
Any time you play at a poker room you are paying rake in cash game pots or tournament buy-in fees. By signing up to a rakeback scheme you are entitled to a percentage of rake back to you. The amount can vary based on site and scheme but whatever it is, it’s more than $0.
A rakeback scheme will usually pay players at regular intervals e.g. weekly, fortnightly or monthly. The more you play the more rakeback you earn.
2] Reload Bonus
The online poker sites are less generous with their bonuses than online casinos but some reload bonuses are quite common. Basically, a poker site incentivises their players to deposit again. The reload bonus is different to other casino bonuses where they tend to attract new customers, a reload bonus is solely for existing customers.
The poker sites have found this to be an effective way of retaining players on their sites. For instance, they may email you if they notice you haven’t played on their site for some time. They may send a promotion stating they will match your deposit up to a sum of $500 for instance.
To take advantage of a reload bonus you need to be checking emails regularly. We recommend that you don’t have the poker sites emails marked as spam otherwise you are potentially missing awesome promotions like reload bonuses.
We’re not a huge fan of the cheap freerolls as a means of learning, but there are other freerolls which should be taken up. Most major sites have a daily or weekly freeroll for active players that pay very reasonably for final table finishes. It’s not uncommon to find freerolls with as high as $5,000 guaranteed. So, if you have time to play and are an active poker player, you are probably eligible for many freerolls without realising it.
Freerolls can be tedious and frustrating when you play hours for a few cents can’t they? But you should always bear in mind the calibre of opposition. The majority of freeroll entrants are terrible and the ones that aren’t bad are often just playing it cos it’s free to enter and therefore not taking it seriously. It doesn’t matter if you play part-time or as a professional, you should strive to play well all the time and if you do that in freerolls you can boost your bankroll.
4] Converting Loyalty Points
Almost all poker sites have loyalty reward schemes in place to thank their regulars. A lot of poker players don’t pay them much heed or check how many points they have accumulated but they can be very useful over time. Many online poker sites like PokerStars offer their players the opportunity to convert points into other practical items like merchandise, tournament tickets and even cash. So, this can be a brilliant way to boost your bankroll and best of all, you don’t have to do anything different than you already are! The only difference is that instead of playing satellites or using points for a mouse mat you can turn it into cash.
Image Source: Pexels