Freeroll tournaments have become a huge part of online poker and they are used as a marketing ploy for the poker room, but they also benefit the player. A freeroll tournament costs no money to enter, but the poker room where the tournament is being hosted will post a prize pool for the top players. Generally the prize pool is going to be small although if you join some private freeroll tournaments then the prize pools can become larger. Over the years practically every single online poker room has offered a freeroll tournament and they continue offering them to this day.
Many new online poker players will spend their first few months strictly playing in freeroll tournaments. There are daily freeroll tournaments available for players across the different online poker rooms, which mean that you can really make some money from playing in them everyday. Typically only new poker players will compete in freeroll tournaments due to the small prize pools and large playing field. If you already have your own bankroll for poker then freeroll tournaments aren’t going to post significant profits for you, but if you don’t have a bankroll then you can use freeroll tournaments to build one.
The one downfall about playing freeroll tournaments in multiple poker rooms is that you’re going to need to use your money in the poker room where you win it at first. Typically when you win money from a freeroll tournament you need to play a certain amount of poker in the poker room before you can withdraw the money. In order to build your bankroll you’ll need to try and grind the micro levels so that you can make a withdrawal with the poker room.
Once you’ve been able to clear your money with the poker rooms you make money with you’ll be able to pool all of your money together so that you can have a starting bankroll with the poker room of your choice. One of the benefits of playing poker freeroll tournaments for the first few months that you play online poker is that you’ll be able to play in a lot of different poker rooms on a daily basis. This will help you find the poker rooms that you like the best as well as the poker rooms where you seem to have the most luck.
If you’re going to play in freeroll tournaments to either gain some playing experience or to build your starting bankroll then you need to remember a few things. Don’t become discouraged if you don’t make money in the tournaments because it’s very difficult to place in the top few places out of thousands of players. You may also experience some bad beats when playing freeroll tournaments and this is apart of poker. Generally you’ll notice more bad beats in freeroll tournaments then real money tournaments, but that’s because the players in freeroll tournaments didn’t put up their own money to play. Often the action is really loose and there are tons of bluffs when you play in most freeroll tournaments.