I was, honestly, a bit dubious about the project. You can spend some boringly funny hours accomplishing very little playing freerolls. The rate of return isn’t as good as my first job and that took down a cool .50 per hour. Although, that’d get you 2 gallons of gas at the time. But, I’ll confess to a guilty pleasure of doing them on occasion; but as a project? Kinda iffy.
Well, Good Witch Glenda is the one that’s started off kicking butt and taking names. You can make money at freerolls but it used to be a lot easier. With the play on Stars and PokerStars attracting huge fields, you need the luck of Jamie Gold to make much. A dollar here or there, is as much in the realm of a tease as a success.
Glenda is following an approach that emphasises a solid game and it has worked with two small cashes. That gives here a leg up. Moving cash from a .01-.02 game to a table game where it isn’t all luck is a tough go. Putting it in play on a $1 SnG makes some sense if you’re willing to ignore the cash management.
I was totally PO’d at PokerRoom way back. (It changed hands since.) They had some great freerolls. There were a couple of $1000 ones each day. When I quit the site I still had Pokah Points and you need that to cash out of their freerolls. Come to find out they didn’t deduct the points when you won. So, I used those points over and over. It was fun to take some of their money. They’d screwed up games for me and didn’t care about what the crash did. So, it was very satisfactory pulling a Neteller transfer out of them each month. Nothing like revenge.
But, back to the ladies. The freeroll situation makes building a roll pretty grim. And, it isn’t like you can move the money from site to site to get to a better game like you can with the hard earned stuff. Bankroll management is difficult when you’re in the $1.98 crowd. A lot of sites don’t have a lot where superior play offers much help. In reviewing Chris’ spread sheet a while back, I noted that the growth was pretty gentle getting to a reasonable amount where his actual and conservative cash management gave him much flexibility. It was only toward the end where a heater kicked in to put him over the top.
So, what is the approach here and now? I took a quick look at Star’s freerolls. They tend to group several at certain times of day. Usually there are three in the span of an hour or less. Even if playing multi-table isn’t your forte, I think you’d want in all you can register for. My approach would be monkey poker to try to build a stack. Even if one is PLO and you’ve never played it much, you enter and pray. The idea is one of three is likely to give you a playable early stack. The one’s you bust out of didn’t take a time investment. The one that does click gives you better odds for lasting.
I’d think I’d try for an aggressive post bubble game. I’d suggest reviewing TonyG’s idea of how to play late. If you don’t have a big stack, build it or parish. If you do, be a table captain. These freerolls are deep pay events. The difference between a low payout and getting to the middle of the payouts doesn’t get you a lot more $$$. After the bubble, I’d have one goal