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How to Best Invest First big(ish) Tourney Win
So I'm excited to say I won my first somewhat big poker tournament last night. It was an online $30+$3 Rebuy/AddOn, with first place paying ~$5200. My bankroll before this was never bigger than $1200, grinded out at 10c/20c and 25c/50c cash games (mostly the former).
I have no interest in squandering this money away. I have a job and all of my basic needs are taken care of so I can really dedicate all this money to growing a big bankroll and maybe deriving some real income from poker one day. So I was wondering if any of you all had some advice on how best to invest this money. Currently, my entire bankroll is at one online site that does not support rakeback or pokertracker (but is full of fish). I also have a few hundred dollars in a bank account that I use for low stakes home games. I think the best idea would be to just start going down the list of US-friendly poker rooms with good deposit bonuses and just grinding away at 25c/50c until I've earned the full bonus. Then repeat until I've gone through all of them and see where I stand. I realize I have the bankroll to play higher than micros, but I really don't want to get crushed by trying to move up to fast. I also live pretty close to AC and I'd like to have some money lying around to play live games. Thanks in advance for your advice. |
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