Friday, January 15, 2010

Account setup

While most of my comrades in bankroll management are playing on Cake, I've decided to play on Full Tilt Poker instead because they have a larger game selection and a higher volume of players. I am interested in learning more about all kinds of poker games and not just the standard flop games. I also plan on playing multiple tables at once and FTP will allow me to get a lot of tables going at once regardless of the time of day. I am paying a penalty for doing so since the maximum rakeback for FTP is 27% compared to the 33% that the players on Cake are getting but I feel that being able to have more tables available to me will allow me to be more effective so I'm okay with the tradeoff.

As Confucius once said, "A journey of a thousand miles begins with a single step." For me that means downloading the software. Heeding the advice I've heard many times, I get my rakeback set up first since it is basically impossible to do it retroactively. Do not underestimate the devastating effects of rake on building a bankroll. It is a necessary evil which pays to keep the servers running, produces those swanky FTP ads, and lines the pockets of the pros that we get to watch on TV all the time. But even though the rake tax is a fact of life I am going to do what I can to get my share of it back. I did a quick search and everyone seemed to offer the same 27% for FTP so rakeback seems to be pretty much a commodity item. I decide to sign up through rakeback.com since I figure they were on the ball enough to snag that domain name that they should have the rest of their act together. Sign up is painless. Before installing FTP I need to make sure that I delete my cookies and I make doubly sure that I do it correctly so I don't screw up my rakeback. I follow their link to FTP, install the program, set up my account, and finally complete the fund transfer from a friend's account to seed the bankroll. Done. Now let's play some poker.

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