Unless you only want to play free online poker games for simple fun then a major objective will be making money. Or to put it another way, you want extra income, maybe even full time income replacement.
But just how can you start playing free poker with very little or nothing and develop a real cash bank roll and become profitable to the point where your poker play supply you with an extra of even full-time income.
If you start poker as a beginner with no money then I won’t lie to you, it is very hard. However it is possible, people do it and in this free poker guide I am going to go through the basics that you need to know in order to begin your mission.
Working out your poker profit – The Formulas
The most profitable poker is that which generates the most money in the shortest time and lowest cost. You can use some simple calculations to work out the profitability of your poker.
Profit is basically the difference between your start-up bankroll and your end bankroll over the period of time in question, be it a day, week, month, year etc. So End bankroll minus Initial bankroll = Basic profit.
It’s also important to know what your salary is. For this divide the profit by the hours dedicated to play poker. So salary = Profit/Hours.
How to play for your profit
You can play two types of poker game. There are tournaments and ring games.
In order to make ring game poker profitable right away and never lose cash you’ll need a sponsor for the initial bankroll. Most cash poker sites will match a deposit but of course this means you need to put your personal money down too.
If you have some cash you are willing to risk then it might be worth the small risk, but if not then check out free poker sites to find one offering an initial play money bankroll. The better free poker sites offer options to cash your free money in for actual cash bankrolls on partner cash poker sites once you have won enough. Make sure the free site you join has this sort of deal in place with cash win poker sites and that the partner sites accept players from your country.
Tournaments are similar. Start free and build from there losing only money that is already profit.
First you start out with free poker freerolls. Free poker tournament sites offer many and as with ring games you can earn play money credits you can convert to real cash on cash poker online sites. As you get better and win more you step up entry cost and risk-reward levels and build your online poker income.
Critical – Keep your risk in line with your bankroll and winning consistency
Only step-up levels when you are certain your poker skill is good enough to win at the next level up on a regular basis. A straightforward formula you can use is to say once you’ve played 30 tournaments at $0.10 and have won at least $10 then you can step up to say $0.20.
And if of course you get a losing streak then you are losing money that is profit not your own money. Not fun but you get to keep going. Back down to the level below if you need to and keep going – “2 steps forward, one step back” is the name of the game. Your profit will not be a linear straight line and if you can accept that you will be able to keep going and progress steadily and absorb those corrections.
If you are new to online poker then learn first and play poker for free at one of the best free online poker sites. Here you can learn how to play poker absolutely free with no risk to your own money and start building a bankroll to cash in for real money when you are ready to go bigtime and play poker online to win money.
