Can You Earn A Living From Online Poker

Making a living playing online poker is something that requires many hours of study. At first, most of the players think that playing poker online is equal to big amounts of money, few hours at the gaming tables and a dream life. Usually, individuals who make an income with poker because of their computer will earn more money than they can in an off-line online game. Thirdly, in online poker you should use numerous tools whilst you play the activity that will show you the percentages you have of succeeding your hands. These power tools are merely out of the question to.

  1. Can You Earn A Living From Online Poker Tournaments
  2. Can You Earn A Living Playing Online Poker
  3. Can You Earn A Living From Online Poker Winnings
  • I wouldn’t want to play any lower than $100NL if I wanted to try and make a living from online poker, and even then things would be touch and go. $200NL would be more comfortable if you can maintain a steady winrate at that level.
  • You don’t even have to leave your house to make a decent living – he’s made $1m from online poker tournaments alone. Keuther lives in Las Vegas. In fact, many of the poker stars mentioned in this article live there, too. So, while you can make a decent living indoors, the really big pots are on the live tables of Las Vegas.

Making the transition

Here at AustralianGambling we get what you’re going through, as experienced poker players ourselves, we know how demanding just the thought of making a living off poker may seem. It requires patience, and of course a bankroll sufficient to withstand your pocket aces getting cracked ten hands consecutively, but that’s just part of the fun. Profit can hold different meanings, but we’re looking to take your ‘I want to break even’ attitude into ‘I want to play for the riches’ and that’s extremely achievable, just ask the 1000’s of pro’s who consistently make a living off poker, all in the comfort of their home.

Why you should sign up now

Free money! Who can say no to that? Simply make a deposit to any of our recommended poker sites and they will give you a 100% First Deposit Bonus up to the value of $600. Just by signing up you have already made a decent profit and you haven’t even played a hand. Depositing into your poker account is as easy as the click of a button and all funds are fully protected and safe. Along with your deposit bonus you will also receive free tournament tickets which can be great ways to building a bankroll for a limited cost.

Where to go from here – You now have your poker account locked and loaded but you’re not sure how to manage your money and that’s a common problem that strikes new online players. With a wealth of poker tables to choose from, you must first decide on your limits. The small and big blind bets are clearly displayed in the lobby, alongside the amount of players at the table, average size of pot and speed of play. This is all vital information as a fast-paced player would prefer a table where over 200 hands are played in an hour. As time goes on you will familiarise yourself with poker players who you constantly see at the tables and this added information can only help your game in the future.

Can

Making a profit

Once you have started to get a good rhythm at the tables, poker can become very profitable, very quickly. There is no telling when an action hand will be played out, but that’s all part of the game. Poker enables both patient and impatient players to thrive and it’s the reason why this former recreational game has become a world wide money making machine. A tip 99% of poker players will give is to play aggressive when you’re on a hot streak, and we couldn’t agree more. You are the dominant chip stack at the table and the word ‘bully’ is running through your opponents head. That puts you in a position of power whether or not you have AA or 2-7, and that’s a great way to chip away at the shorter stacks who simply can’t compete with your dominance.

Once you start to feel comfortable with the current level of blinds, it’s probably time to start moving up the ladder and increasing your potential value. Play bigger blinds and you’ll likely see players play a more timid style of poker. Why is this? Risk plays a major factor in everyone’s poker game and the more you bet, the more you are risking, naturally. But, in terms of making a short or long term profit, then increasing your bet size won’t negatively affect your bankroll if you play to your strengths. Conversely, if you’re riding out a cold streak, don’t fret, hang in there and the cards will take a turn for the better.

Multi-tabling and tournament play

Don’t feel as though you have to limit yourself to playing one table at a time. Some of the best players in the world play multiple tables, some even going as high as 18. As ridiculous as that sounds, that’s the extend some players go to ensure they make a profit and whilst playing 18 tables is hard to manage, playing 2-3 is perfectly manageable and it will increase your profit margin over time. When you have folded and you are waiting for the action to return, that time wasted is potential profit lost. Playing multiple tables will enable you to constantly look for the best positions to attack and therefore increasing your chances of winning.

Tournament play is another aspect of online poker and it can reap big rewards. You don’t need to fly to Las Vegas to play for the big prize, you can do it in your pajamas if you so wish. Tournaments are a great way to turn a small outlay into a massive payout and the one-off payment is good for managing your account

Who makes a living off poker?

If you have ever watched poker on your T.V then you’d probably reach the conclusion that most poker players are university graduates with massive bank balances. But we all know of the financial struggles that students face, so just how did these guys make their millions? At one stage of their lives they were just like you, reading an article on the internet wondering how they can take their poker game to the next level. Without doubt or hesitation they launched into the game and they never looked back. Like any sport there have been players who haven’t made the cut, but if you are reading this article then you already have the passion to succeed.

The beauty of playing online is that anyone can play – the dream never dies – and you don’t find that in many other sports involving skill. The great names of poker are still playing strong but the new wave has stamped their authority on the poker world and it’s about time you joined them. Poker is a multi-million dollar industry where players are reaping the rewards that online poker produces. Since the online poker boom started the number of professional players has skyrocketed and nothing has since changed, so don’t miss out when you have the chance.

If you seek advice on how to properly manage your poker career then leave a comment and we will be happy to assist.

12:07
12 Jan

A Hard Way to Make an Easy Living

It's a little bit cheesy, I know, but it is true. At least for the vast majority of professionals out there.

Ever since Chris Moneymaker's victory in the World Series of Poker Main Event 2003 sent the poker world into overdrive, the standard of play has risen relentlessly. The games have gotten tougher and tougher, day by day until we reached the situation that we now find ourselves in. For whether or not you've played for a long time, you have to admit that it doesn't look so good.

But are things so bad, that we should tell people taking up the game today that the dream is officially over? Should we tell them that you can't make a living playing poker any longer?

If your ambition is to become a professional, then the journey ahead is going to be much tougher than it was for me when I first started back in 2005, but I don't see it as an impossible task.

What Is a Professional Poker Player?

The definition of what constitutes a professional, relates to an activity being one's primary occupation and which pays the majority of their earnings.

Living

There is a huge difference in being able to beat the games for something approaching the average income in a first world country, and making a few thousand dollars over the year, but not having a job and telling everybody that you're a 'pro poker player'. If you can't survive without outside assistance then you are most certainly NOT a professional.

In this article I am only considering the possibility of what your chances are at becoming a 'real' professional, able to take care of yourself and your family in your home country.

What Has Actually Changed?

With all the changes in legislation, the poker landscape looks like a totally different place than it did even five years ago. But even though it's a much tougher environment there are still plenty of games going on. Apart from ever more quality players fighting for a constantly shrinking piece of the pie, one of the biggest issues we face as professionals today is who we are actually allowed to play with online.

Many countries have passed laws to prevent their citizens from playing poker online with players in different countries. For nations such as France, Spain, and Italy this has crippled the player pool, reducing it into something almost microscopic compared to what was available before. This obviously makes your life a lot more difficult if you are trying to grind your way up the stakes. There may be off-peak times where you simply can't find enough tables of your chosen variant. Getting in as many quality hands as possible is crucial for your learning curve as well as your bankroll. If you live in one of these regions then it will be extremely hard to realise your goal of making a living playing poker if you are not already a winning player.

Another change over the last year or two has been the reduced rakeback deals across most poker networks. A few years ago, deals offering as much as eighty percent rakeback were common. Pokerstars has recently come under fire for dismantling one of the most attractive player rewards systems ever seen, although in this case, it was targeted at the players who were playing mid to high stakes.

In former years, with so many generous deals to be had, the number of players who were able to make a living playing poker greatly increased. Many of you will have heard the term 'rakeback pro' before. Because these deals paid out so much money, players were incentivised to move up to stakes where they were break-even players because they could completely rely on the bonus payments .

There are some good deals still out there, but the landscape is changing and it is unlikely to ever be as generous ever again. With less money being paid back into the player's hands this is going to impact how many people will be able to make enough to be able to play full time.

Does It Matter Where We Live?

Obviously in today's world there is still a big variation in the cost of living when moving around the globe. So we need to consider if moving away from home is a realistic long term decision for those taking the plunge as a professional.

Having travelled around the world and met up with plenty of poker players along the way, it is obvious that a number of guys had their head jammed in the sand, ostrich style. Although living life somewhere cheap like South East Asia might be good for a few years, so many people haven't thought of a plan B. Look at what happened five years ago to the US based players. The rug was pulled out from beneath them and the dream was over for a lot of people.

If you are not making enough to save up on top of your living expenses, then this idea of moving to a place much cheaper than home is just putting a problem on ice . It will come back to bite you later in life. This is not the behaviour of a professional.

Can You Earn A Living From Online Poker Tournaments

If your work circumstances allow you to take a break to travel, and you intend to make your living playing poker, that is obviously fine. But it is not a long term plan unless you can go home and still pay your way by grinding.

Can It Be Done?

After all the negativity you might be thinking it's time to find a new hobby, and a new dream. Not so!

Improving at poker is hard. Very hard. I don't know if it's just human nature, or something specific to poker, but people seem to find it really tough to take advice for improving their game .

Can You Earn A Living From Online Poker

Having spent countless hours looking for strategy advice on internet forums, one thing stands out more than anything else: People are always asking for poker advice, and then proceeding to argue that black is really blue. The end result is the player not changing their usual strategy for the spot in question. They always find a reason to not believe any advice given to them.

I've coached players before and changed some detail in how they play. Everything is fine for a week or two, then after examining their database, I discover that they have reverted to the old strategy. It's almost as if they have a mental block to improving. They are not willing to wheel out intuitive strategies which have been proven to them to be the most profitable way to play.

They end up complaining that they can't improve no matter how much work they do. The reality is that they actually change very little about how they play, and then frustration sets in .

This example is exactly what happens to a lot of players trying to break out of the micro stakes. If you want to make a living playing poker then you have to be prepared to listen to people and learn.

One of the great things about games like poker is that hard work can count for more than talent . Don't kid yourself that the guys and girls making a good living from the grind are doing so on talent alone. Dedicating yourself to a regime of hard work and many hours playing is necessary, but if you love the game and have a dream then it can be done.

Can You Earn A Living Playing Online Poker

Poker is complicated enough that most people will never “get it”. This is another factor which should give you some hope. Most people who put a little effort into trying to improve their results reach their peak very quickly . Then, when they can't rely on talent to take things further, they find themselves unable to break through because of reasons such as I mentioned above.

So, you definitely can make a living playing poker, even in today's tough games. As time goes on there will just be more and more people who have tried and failed. The internet forums are full of people who will tell anybody that will listen, about how everybody is too solid. They will find any reason other than their own failure to work even harder than they ever did before.

Can You Earn A Living From Online Poker Winnings

Don't give up. There are so many quality poker books, articles, and training videos out there. Get out there and absorb as much information as you possibly can, and then put it to work at the tables.