Free money is easy to make.... but hard to keep haha

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tigre666

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I made a decent bankroll starting strictly from 0 with freerolls But every time I get I make bad decisions with withdraw the money too quickly and end up having to start all over again😅
any tips or mental tricks to manage your bankroll properly and stop doing cashouts as soon as you build a small roll...
 
Nothing wrong with cashing out ever if you have made some online profits . I've lost winnings on many poker sites that have completely gone under ! Sometimes when you deposit you will be offered a bonus to earn as well .
 
Nothing is wrong with your strategy. I have at least 5 sites that have went under, so any money left overnite is money that can be lost. I no longer keep over $100 on a site compared to the days when I used to only withdraw when I hit $300 or $500.
 
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tigre666 said:
I made a decent bankroll starting strictly from 0 with freerolls But every time I get I make bad decisions with withdraw the money too quickly and end up having to start all over again😅
any tips or mental tricks to manage your bankroll properly and stop doing cashouts as soon as you build a small roll...
I guess, it depends on, why you requested those withdrawals? If its because, you kind of need the money, then the solution is to improve your financial situation, so that you can truly keep your poker money separated from other money and manage it as a bankroll. Then as the bankroll grow, you move up gradually, and at some point you likely hit your skill ceiling or decide, you dont need to move up further.

And then this is the time, you can start to withdraw money, which you dont need for your bankroll. For instance if you decide, you dont need to play any higher than $15 tournaments but have build up a $4k bankroll, you can withdraw $1-2k and still be in a comfortable position. But you should not withdraw so much, that you can no longer play the games, you want to play, with reasonable bankroll management.
eberetta1 said:
Nothing is wrong with your strategy. I have at least 5 sites that have went under, so any money left overnite is money that can be lost.
That was like 20 years ago though. There is nothing dangerous about keeping money on the 4 sites, CC is currently affiliated with, or on other reputable sites like PokerStars or ACR Poker. But of course you should not keep more money on a site, than you need for the games, you want to play.
eberetta1 said:
I no longer keep over $100 on a site compared to the days when I used to only withdraw when I hit $300 or $500.
Then you limit yourself to playing very low stakes, or you have to make frequent redeposits, when you run out of money. If you dont want to play any higher, than thats fine. But if its due to fear of the site going under, its probably a bit over the top. Although to be fair, if I was living in the USA, I would only trust ACR Poker and a few of the other sites, that let you play. Like maybe Club WPT Gold, which is actually not an "offshore" site but use a legal loophole to operate in most US states.
 
There may be a withdrawal limit or a minimum balance you need to keep in your account. If you've already reached your target, it might make sense to withdraw part of your bankroll and continue playing with the remaining balance. That way, you've secured some of your profit while still having funds available to build your bankroll further......

Good luck...
 
tigre666 said:
I made a decent bankroll starting strictly from 0 with freerolls But every time I get I make bad decisions with withdraw the money too quickly and end up having to start all over again😅
any tips or mental tricks to manage your bankroll properly and stop doing cashouts as soon as you build a small roll...
Well, is not that bad if you cash out instead of losing the money.
What is your goal with poker? Are you interested in playing higher limits besides freerolls?
Are you withdrawing for something that you actually need?
I think that you should set a goal, a strategy and stick to it, but if you're happy withdrawing every $10-$20, $100(?) that you win, then great.
 
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