The PokerStars 10th Anniversary is rapidly approaching, and the online poker giant is doing what they do best: rolling out fantastic promotions for the players. In this case, they’re doing something they’ve done quite a bit in the past with giveaways and bonuses.
The 10th Anniversary Reload Bonus is a simple and easy reload solution for players and is available up until 11:59 PM EST on November 30th. It’s a 10% reload bonus up to $10 with an unbelievably easy clearance rate. PokerStars is offering the lowest rate they’ve ever offered as it will take just 1 VIP Player Point (VPP) for each $1 meaning it will clear in absolutely no time.
Perhaps the biggest bonus of the 10th Anniversary will be the free giveaways to the premiere live PokerStars tournament series: The PokerStars Caribbean Adventure (PCA). In total 100 prize packages will be given away with each worth over $15,000. That includes the buy-in to the $10,000 Main Event, hotel and expenses.
To win this package, players will need to play the online satellites. Two weekly finals take place every Sunday. They started on November 13th and will run until December 11th. Each weekly final awards 10 packages.
To get into a weekly final, you can play any of the freerolls that start every ten minutes, a $0.10 satellite that starts 5 minutes past every hour or a 10 FPP freeroll that starts 35 minutes past every hour. Talk about a cheap way of getting to one of the biggest poker festivals in the world!
Make sure to keep up to date in the coming weeks as PokerStars releases more promotions and details of this unique celebration continue to come.
Russian Player Wins and Loses Big
There are few things more thrilling than discovering poker for the first time.
But if you’re not careful, things can quickly spiral out of control. The history of the game is littered with players with well intentioned grinders who watch their bankroll quickly ebb away into nothing.
The key to avoiding this fate is by taking a quick crash course in bankroll management. The key is in knowing what stakes you should buy-into to keep you cash protected. Stepping outside of your comfort zone without good fiscal foundations is a one way ticket to disaster.
There’s no doubting that I7AXA has go the fundamentals of poker mastered. Last week, he took down 2nd place in PokerStars Sunday Million. This landmark finish paid out a massive $148,343 to a player who had previously only dreamed of stepping beyond low limit poker.
But mastering bankroll management, not so much. I7AXA took his $140k straight into the $5,000 Heads Up sit and gos frequented by the best in the business. He spent an entire day playing against these top pros and didn’t come of out of it looking good.
His account balance took a nosedive from $140,000 to $70,000 in a matter of hours. The very best players make their living in these games, so it’s no surprise to see a rank amateur struggling to make a profit.
At this point the Russian enjoyed a little good fortune, suddenly building his stack back up to around $100,000. Most players would probably call themselves lucky to have lost less than half their roll and call it a night, but it was not to be. I7AXA continued to grind the highest stakes, eventually shipping almost his entire roll.
He was later seen playing $200 heads-up tournaments, after almost all his money had gone. After a full day of non-stop poker he couldn’t even beat these games and was forced to drop down to $30 buy-ins.
In only one day, I7AXA had gone from zero to hero. In a streak that will surely go down in online poker folklore, the Russian had lost his entire Sunday Million payout in less than 24 hours.
Poker forum members were quick to praise a fellow degenerate for his impressive feat and to criticize the inexperienced player for a total lack of bankroll management. Keep a tight leash on your account balance, or else you could become the next I7AXA.