Building a Bankroll with $100 Online

I found the following post in Two Plus Two. I’ve included the link below the article, but you need to be a member of Two Plus Two to have the link work. Be sure to check for rakeback at sites before you sign up for any bonuses. You don’t want to be stuck with an account at any site without rakeback. My only edit is in parentheses where I replaced a rakeback site with the link for The Rakeback Store

As a new player on a limited bankroll, you need to make sure you receive the maximum bonus at every site to survive. If you deposit at Party first, you will not be doing this. You’ll be missing out on $75, which is 3/4 of your entire bankroll! How are you losing $75, you ask? Well, at Party you are given a choice of either a $25/$25 or 20% up to $100 sign-up bonus. With $100, your best option is the $25/$25, which leaves you $75 short of the maximum bonus offered. What this means is that you should wait until you have $500 before depositing at Party.
So, where should you start? Remember, you want to obtain the maximum bonus at each site, and unfortunately most sites require a deposit of more than $100 to receive such a bonus. However, there are a few exceptions to this, namely some of the Cryptologic sites (Interpoker, Poker Plex, Carribean Sun and Will Hill). The bonuses offered at these sites are as follows:
Interpoker -> $90 for $90 bonus - 450 raked handsPoker Plex -> $50 bonus - 300 raked handsCaribbean Sun -> $40 bonus - 250 raked handsWilliam Hill -> $25 bonus - 5 hrs of play
Starting with your $100, proceed through each of these bonuses. If you breakeven on gameplay, you will have $300 (actually $305) when you’re finished. If you suffer some losses and are at less than $200 when all is said and done, do these bonuses again the next month (yes, that’s right, these are monthly bonuses!).
Assuming you’re now over $200, follow this link to Paradise Poker and enter bonus code GRANNY for a 50% bonus up to $100. The $200 amount is key because that is the amount needed to obtain the maximum bonus. After you clear this bonus, you should have around $400 in your bankroll, assuming breakeven play. Now head back to the Crypto skins (if you haven’t already) and get yourself up to that magic $500 mark.
Okay, so you now have $500. Now we’re going to start rolling around in big piles of money. Hit up Party and skins, whose sign-up bonuses are as follows:
Party -> 20% to $100 bonus - 500 raked handsEmpire -> 20% to $100 bonus - 500 raked handsIntertops -> 20% to $100 bonus - 500 raked hands (Use code EARN 20)Multi -> 25% to $150 bonus - 1500 raked hands
After getting all of these bonuses, go back and get the iGM-Pay bonus from Party and Empire, for another $100 each (for more information on the iGM-Pay bonuses, do a search of the Internet Gambling forum).
For each of these sites, attempt to sign up through a reputable affiliate in order to get a percentage of your rake returned to you at the end of each month. It is preferable to sign up through a site that has express consent to offer rake rebates like The Rakeback Store

Anyhoo, by now you should have around $1000 in your roll. It’s probably about time to hit up the Crypto sites again (you haven’t forgotten about them, have you?). Also, you can now whore the following sites, which have good sized bonuses, but games that aren’t quite as good as Party’s (additionally, you may want to expand into casino whoring, starting with Casino-on-Net, Starluck and Planetluck).
Poker Stars -> No standard sign-up bonus, must wait for a reload (usually 20% to $120)Ultimate Bet -> 20% to $100 bonus - 1000 player pointsPacific Poker -> 25% to $100 bonus - Wager $2000Poker Room -> 20% to $100 bonus - 700 player pointsAbsolute Poker -> 35% to $210 bonus -> 2100 raked hands
Now you’ll have $1500-$2000 in your roll, and hopefully have enough experience under your belt to multi-table 2-4 and/or 3-6 and pull in >= $20/hr from gameplay alone. Every so often, you’ll receive reloads from Party and skins, and of course you’ll still want to take advantage of the Crypto bonuses each month, but the majority of your profits will be from gameplay. Eventually, you’ll be 47 tabling 400 NL and $15-30 ala Zee Justin, and the bonuses won’t mean jack to you. But they’ll always have a place in your heart…
– Homer
Link to the Post