A common starting point for many poker players is open freerolls. As the name suggests, open freerolls don’t feature any requirements at all. Instead, anybody can register and play as long as they’re a member of the poker site.
It seems like open freerolls are perfect for beginners because you can compete for real money without having to risk anything. But these free tournaments certainly aren’t the best route towards steady poker profits and we’ll explain why.
Not Enough to Go Around
The biggest problem that open freerolls present is the prize money-to-player ratio. For instance, these freebies might offer a $50 prize pool, but 2,000-4,000 players will likely register for the event. After all, there are no restrictions, so why wouldn’t a crowd of players enter?
But here’s where the big problem comes into play since these large, crowded fields make cashing much harder. Using a $50 freeroll with 4,000 players as an example, the average player would only earn 1.25 cents per tournament (5,000 cents/4,000 players). And nobody is going to consider 1.25 cents as being proper payment for a lengthy freeroll.
While open freeroll tournaments may not be profitable over the long-term, they aren’t entirely useless. This is especially the case for beginning players who are merely looking to sharpen their game against other players without risking money.
However, the key is to avoid getting overly wrapped up in open freerolls and relying on them to build a bankroll. Sure these are fun to play and can earn you a little pocket change. However, the best way to make serious poker profits is by playing in real money games and studying poker strategy. With enough hard work, you can eventually move up in stakes and make some nice profits.