Good question.

There’s been some confusion as to what not placing in the money in these freeroll tournaments and losing lots of big bets on Wednesday means for my overall bankroll situation.

The freerolls don’t affect my bankroll at all (esp. since I can’t seem to place in the money). These are free multi table tournaments (with cash prizes!) that MultiPoker holds twice a day. Like I’ve said a few times, my tournament play is lousy, so I usually won’t buy in to a cash tournament. And while playing a no fee tournament does introduce an element of wildness, most of the players have thus far been pretty solid. According to HD, MultiPoker advertises a lot in Sweden, thus explaining the fact that 90% or more of the freeroll registrants are Swedish. These guys, for the most part, aren’t WPT-wannabes, so I think it’s still good practice to play these freerolls.

As for the big loss on Wednesday, that came after two weeks of fairly consistent wins. I’d withdrawn a few hundred dollars since the beginning of July (to pay myself back for my early losses on PokerStars and poker-related purchases), so overall, July is looking good for me. Unfortunately, Wednesday’s losses are somewhat crippling, so I’ll have to be a bit more careful. I’d prefer not to re-fund the account with my money. OPM’s much easier to play with.