Ive just signed up to full tilt poker. They offer you a match bonus of up to $600 but there is a catch, as i was to find out.
when you play "ring games" (just sitting at a table with x amount and free to leave whenever) and tournament games you earn points, this depends on your betting and tournament entry fees. 1 point i think its 0.05c or thereabouts.
So i added $50 in and should get $50 back when i earn enough "points". So far im on about 70 odd which equates to about $3. You can only claim back in $5 amounts i think so i have a few more points to get yet before i get any of my bonus amount back.
General rule for bank roll management is this.
in "sit n go" (usually a single table of 9 or 6) tournaments you should only ever buy in at 5% of your bankroll.
bankroll of $50, you could buy into a tournament of $2.5 or thereabout, meaning i could play 20 games at $2.5 buy in before my bankrolls gone bust, but hopefully obviously you would win some games and keep the bank roll going.
in "mtt" tournaments ( multi table tournaments with 9+ playes up to a lot say 1000 or more ) you should only buy in at 2% of your bankroll.
So $50 again would be $1 tourneys, you get the picture.
for "ring games" you should look at buyin in at 5% of your bankroll
E.g.
you have $50 dollars in your bank. we work it out like this for 5%.
take roughly 100 big blinds(a reasonable amount of hands you could play whilst getting some good hands drawn), divide your $50 dollars by 100 and this gives your 0.05c, so you would want to buy into a game that has small/big blinds of 0.02/0.05c. This way if you have lots of poor hands drawn you can still keep playing until something nice comes along. So we would enter this 0.02/0.05c game with $5 dollars.
There is also another thing to note with ring games, you should cash out of the game your playing if your chips are greater than 10% of your entire bankroll.
So we enter with $5 dollars and work our way up to $10, now we should leave the table and find another table to play on, this bank roll management strategy can be found by checking out the full tilt poker academy which has loads of REALLY helpful videos/tutorials/tests to help you get the best out of your poker playing experience!
That's the main reason why i signed up for full tilt as you get lots of added extras that help you learn as you play without loosing all your money hopefully,
Hope this helps
when you play "ring games" (just sitting at a table with x amount and free to leave whenever) and tournament games you earn points, this depends on your betting and tournament entry fees. 1 point i think its 0.05c or thereabouts.
So i added $50 in and should get $50 back when i earn enough "points". So far im on about 70 odd which equates to about $3. You can only claim back in $5 amounts i think so i have a few more points to get yet before i get any of my bonus amount back.
General rule for bank roll management is this.
in "sit n go" (usually a single table of 9 or 6) tournaments you should only ever buy in at 5% of your bankroll.
bankroll of $50, you could buy into a tournament of $2.5 or thereabout, meaning i could play 20 games at $2.5 buy in before my bankrolls gone bust, but hopefully obviously you would win some games and keep the bank roll going.
in "mtt" tournaments ( multi table tournaments with 9+ playes up to a lot say 1000 or more ) you should only buy in at 2% of your bankroll.
So $50 again would be $1 tourneys, you get the picture.
for "ring games" you should look at buyin in at 5% of your bankroll
E.g.
you have $50 dollars in your bank. we work it out like this for 5%.
take roughly 100 big blinds(a reasonable amount of hands you could play whilst getting some good hands drawn), divide your $50 dollars by 100 and this gives your 0.05c, so you would want to buy into a game that has small/big blinds of 0.02/0.05c. This way if you have lots of poor hands drawn you can still keep playing until something nice comes along. So we would enter this 0.02/0.05c game with $5 dollars.
There is also another thing to note with ring games, you should cash out of the game your playing if your chips are greater than 10% of your entire bankroll.
So we enter with $5 dollars and work our way up to $10, now we should leave the table and find another table to play on, this bank roll management strategy can be found by checking out the full tilt poker academy which has loads of REALLY helpful videos/tutorials/tests to help you get the best out of your poker playing experience!
That's the main reason why i signed up for full tilt as you get lots of added extras that help you learn as you play without loosing all your money hopefully,
Hope this helps
Duno why i mixed them up.