I play as many as I can. In my opinion, freerolls are basically tournaments that don't require much concentration. It's basically a game of bingo, and if you play with at least more or less strong hands, you may have a slightly better chance of making a profit.I've noticed that it's easy to participate in too many freerolls without focusing. Now I try to select the ones that really interest me and play with more concentration. Do they all play or just a few?
Nice, but sad. You said the quiet part out loud.I play as many as I can. In my opinion, freerolls are basically tournaments that don't require much concentration. It's basically a game of bingo, and if you play with at least more or less strong hands, you may have a slightly better chance of making a profit.
Only if you look at bankroll management as being synonymous with loss management. Freerolls can have a tremendous impact on your bankroll on the positive side. It then becomes a question of how well you manage/leverage the seed money that comes from freerolls.I think the question you are asking is "How do you manage your time with so many freerolls" not bankroll, as freerolls should have no impact on your bankroll as they are free, unless you are purchasing add-ons/rebuys - which you need to look at the value of carefully (they are rarely good value IMHO).
A bankroll is an amount of money set aside for poker, which will not be needed for other purposes. Bankroll management mean playing in a way, that will reduce variance to an acceptable level for long term winning players. The basic idea being, that if you have no or very little money left due to a period of negative variance AKA bad luck, then you have to stop playing or move down significantly.Only if you look at bankroll management as being synonymous with loss management. Freerolls can have a tremendous impact on your bankroll on the positive side. It then becomes a question of how well you manage/leverage the seed money that comes from freerolls.
I'm not entirely sure what the actual meaning behind the question was. I think he just threw the word 'bankroll' in because it sounded cool, whihc kind of skewed the responses.A bankroll is an amount of money set aside for poker, which will not be needed for other purposes. Bankroll management mean playing in a way, that will reduce variance to an acceptable level for long term winning players. The basic idea being, that if you have no or very little money left due to a period of negative variance AKA bad luck, then you have to stop playing or move down significantly.
Which is an undesirable situation for long term winning players, since it reduce the amount of money, they can win. Therefore the original question is in fact about time management and not bankroll management. Working at McDonalds can also have a tremendous impact on your bankroll, if you set aside your salary for poker. But that does not make a question about working at McDonalds a bankroll management question![]()
I've noticed that it's easy to participate in too many freerolls without focusing. Now I try to select the ones that really interest me and play with more concentration. Do they all play or just a few?
Yes the term "bankroll" is used a lot by people, who dont actually understand, what it is. Fundamentally losing players can not have a bankroll but only a budget. For instance you can only have a budget for playing roulette in a casino, since the long term expected winrate is negative for everyone except the house. And its the same in poker, unless you are good enough to beat the other players AND the rake.I'm not entirely sure what the actual meaning behind the question was. I think he just threw the word 'bankroll' in because it sounded cool, whihc kind of skewed the responses.
I agree, that bankroll management can also be to conservative. Some people dont even want to deposit a single dollar into poker sites, or maybe they make a minimum deposit of $10 to be allowed to participate in freerolls. Then they spend a ton of time grinding freerolls for pennies, which is a waste of time, if they have the talent to beat regular games. Other people deposit for instance $50 and start to play 2NL cash games, and then they dont want to move up to 5NL, until they have grown it to $500. Which is also waste of time.Nevertheless, I think looking at bankroll management purely from the negative perspective can be self-defeating. OBVIOUSLY we don't want to go broke, so we manage our bankroll accordingly to ensure that we don't get to that point. But we also want to make money, a lot of money, and we also manage our bankroll to achieve that end. It's a sliding scale.