How Much Money Can You Make Online Poker

1. Making Money At Online Poker
2. Make Real Money Playing Poker
3. How Much Money Can You Make Online Poker Game

How Much Money Can You Make as a Professional Online Poker Player?

Playing poker online professionally sounds like a great way to make a living. After all, who wouldn’t want to get paid to play cards. Most people reading this page like poker and play for fun anyway. Wouldn’t it be great if they could make a living at it?

Looking to play poker online? Check out one of the sites above!

The actual amount of money you will want to have before sitting down to play poker depends on a variety of factors, including your risk tolerance, total gambling bankroll, and skill level, yet by far the most primary factor in deciding how much to buy-in for will depend on what stakes you are playing. Those who say you can't make a living playing 10/20 limit have either been spoiled by online poker or just have no Idea what they are talking about. Making 1 BB an hr has always been the rule of thumb and if you cant make close to that at the lower limits (10/20 and under live) then you probably should re-evaluate whether playing poker is a.

But, realistically speaking, how much money can you make if you’re good enough to play online professionally?

This post tries to answer that question.

An Anecdotal Answer from a Friend of Mine

I used to be good friends with an online poker pro. This was during the glory days of online poker, before Black Friday in the United States. He blogged about poker, but he made his money playing. I asked him how much money he made and what the swings were like.

How to get better at zynga poker free. Here’s what he told me:

He played for about 4 hours a day. That was all he could handle mentally. He would play between 4 and 8 tables at a time. It sounded intense.

He said that he made 5 figures a month, 5 months out of 6. He also said that one month out of every 6, he lost 5 figures.

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Let’s assume that he was making $10,000 a month/10 months out of the year. That’s $100,000 in profits.

But we also must assume that he lost $10,000 a month/2 months out of the year. The reduces annual profits to $80,000.

That sounds like a lot of money, but it doesn’t come with a benefits package. You also don’t get any paid time off. If you’re not playing poker, you’re not making money.

Are You Really a Good Enough Player to Play Professionally Online?

Here’s one thing I know about my friend, too—he was a really good player. Here are a few things I’d suggest to you:

1- You probably don’t play as well as you think you do. One of the things that separates professional gamblers from wannabe professional gamblers is the quality of the records they keep. Do you keep records of your play? If you do, then you already know how much you win or lose per hour at various stakes, so why are you even reading this post?

2- It’s not enough to be better than the other players. You DO have to be better than the other players. But you must be much better than the other players. For one thing, the rake takes 5% out of every pot. Let’s assume you’re playing at a table where you’re exactly as good as the other players. Without that 5% rake, you’d break even. With the rake, you’ll eventually go broke.

You must be good enough to overcome the rake.

3- There are other expenses and risks involved, too. For one thing, transferring your money to and from the poker site involves fees. These come right out of your winnings. You also run the risk of a site going rogue or getting in legal trouble. When Black Friday rolled around, a lot of online pros were in a bind because of the large amount of money they had sitting in their poker accounts.

4- You need a big bankroll. You can’t play poker for a living unless you have a big enough bankroll to weather the natural ups and downs that luck will inevitably bring. Even long-term winning players have losing streaks. Re-read the part of the post where my friend the online poker pro lost $10,000 a month every few months. You need a big bankroll to soak that up.

Do You Have the Temperament to Play Online Professionally?

Most people don’t have the temperament to play poker professionally online, anyway—even if they’re skilled enough to win consistently. After all, we’re talking about sitting in front of a computer with multiple monitors, making decisions of hundreds of hands per hour.

That’s mentally taxing. It’s also lonely work.

And it’s tedious as hell, too. If you’re grinding it out professionally online, you don’t get to make big plays or have any fun or excitement. You’re playing every hand strictly by the numbers. You’re making the correct decision every hand, grinding it out.

That might sound like a dream job to some people, but I don’t think most people aspire to that kind of thing.

Running Some Numbers

Let’s start by looking at how big a bankroll you need to play poker online professionally.

Keep in mind a couple of things about bankroll, too:

1. This is money that’s used exclusively to fuel your poker playing. You can’t dip into it to pay bills. If you must do this, you’re not good enough to play poker professionally.
2. You must be playing at your best with this money—every hour of every day. If you’re not bringing your best game to the table, your bankroll will eventually disappear.

Let’s assume you’re going to play limit hold’em at the $3/$6 level. You need 300 big blinds to have a large enough bankroll, so you’re looking at a bankroll of $1800.

Let’s also assume that you play well enough to win $6 per hour at this level. Of course, you can’t make a living on $6/hour, so you’ll almost certainly have to play multiple tables. We’ll assume you’re able to play 8 tables at a time, so your hourly win rate is $48/hour.

That might sound like a lot of money, but keep in mind you don’t get any benefits with that. And you’re also unlikely to be able to maintain that pace for more than 4 hours or so per day. You’re looking at making $960 a week.

Of course, maybe you’re a better player than that, so you can play higher stakes. Let’s say you’re able to play $5/$10.

But a lot of poker sites don’t have as much action at those stakes, so you’re only able to play 4 tables per hour. You’re winning $10/hour per table, but since you’re only playing 4 tables, you’re only making $40 per hour.

Of course, you could combine those 4 tables with 4 tables at the $3/$6 level. Now you’re making $64/hour. That’s $1280 per week, which is better.

Then again, you might be able to play no limit holdem at an expert level, too. Theoretically, you could have a higher win rate there, but you’re also going to face higher variance. You’ll need a bigger bankroll to pull this off.

Also, you might need to play fewer tables, as no limit holdem requires a little more thought than grinding it out at the limit tables.

What If You’re from the United States?

If you live in the USA and plan to play poker professionally from here, you’re probably deluding yourself. The legal situation makes it so hard to pull off as to be practically impossible.

I know a few years ago, some travel agents were setting up businesses where they’d set up an apartment in Costa Rica for professional players who wanted to move temporarily to pursue their poker careers. That doesn’t sound realistic to me, especially not for this kind of money.

Conclusion

Making money as an online poker professional sounds like a great idea. https://fremliorocat.tistory.com/12. But it’s probably a lot harder to pull off than you realize, especially if you’re from the United States.

You need a large bankroll, and you also need to be a skilled player with the right temperament. If you’re still interested after reading this post, you have my blessing if you want to try to go pro.

Why can’t I win money at online poker? Where am I going wrong? What do I need to do to improve my poker game?

I don’t know. Those are some pretty vague questions right there. Maybe if you sent me some stats, graphs and a few hand histories then I might be able to do something. Then again, this isn’t really much of a dialogue, so that’s not going to work either.

However, what I can do is give you a bunch of reasons as to why you can’t win money from online poker and ideas for what you could do to improve. How does, say, a nice, round 26 reasons sound?

Reasons why you lose money playing online poker.

Making Money At Online Poker

1. You’ve played 1,000 hands. Ever heard of variance? Don’t draw any conclusions until you hit at least 10,000 hands, and even then you can’t really rely on the results from that sample size. Just play lots of hands before you resign yourself to the losers’ corner.
2. You don’t use bankroll management. If you don’t use BR management, you’re never going to be able to consistently win money from poker. And no, I’m not just saying that to scare you.
3. You play too many hands. Sure, all hands in poker have a chance of winning, but then I also have a chance of having a threesome. Just because an event can happen it doesn’t mean that you should put your money behind it. The odds aren’t always going to be in your favour.
4. You undervalue position. How many articles and tips is it going to take before you start to understand that position is actually way more important than you think it is? Have you not noticed how much easier it is to play from the button than it is UTG?
5. You make minraises before and after the flop. Why? Raise 3BB + 1BB for each limper preflop and bet at least 2/3rds of the pot postflop and you’ll do much better for yourself. See bet sizing for more details.
6. You multi-table too many tables. Yeah sure, all the cool kids are multi-tabling but that doesn’t mean you have to too. Take you time and play within your comfort zone. I’m sure that if I had a Ferrari as my first car I would have crashed it. Thank God that I was broke and had to settle for a washing machine with wheels.
7. You chase draws too much. Blindly chasing after any and every flush and straight draw isn’t going to pay off. Pot odds will sort you out.
8. You make crying calls. It’s nice to be able to see your opponent’s hand at the end, but if it’s costing you money then it’s not really all that nice at all. Learn to be content with your decision and fold if you think you’re behind.
9. You blame the poker room and not yourself. PokerStars is rigged!!11!! - of course. It couldn’t possibly that you have leaks in your game could it. Winning players look inward not outward when they are losing.
10. You haven’t read any poker books. Even in this high-tech world of training videos, interactive seminars and snowboarding, there is still room for the good old-fashioned poker books. The better ones are still incredibly helpful, so don't overlook them.
11. You chase after stats. You are 28/16/2 and apparently you need to play 22/18/3 to be a winning poker player at 6max NLHE, so you force yourself to play less hands and raise more. Unfortunately, that’s not how it works. Focus on playing good poker and the stats will take care of themselves.
12. You play whilst on tilt. Yes, that’s right. Shoving all-in with 63 offsuit UTG is by far the most effective way to get your money back after that bad beat.
13. You make fancy plays against micro stakes players.Floating the flop and check raising the turn isn’t going to go down too well if the guy on the other side of the screen is dribbling, scratching his balls and randomly clicking buttons. Keep it simple. Bet your good hands and check/fold your bad hands.
14. You don’t value bet big enough. Seriously, crank your value bets up and your winrate will skyrocket. Why bet $20 in to a $100 pot when you can get called by a $100 bet? Bigger value bets = bigger wins.
15. You don’t value bet at all. Even worse! If you have a good hand, get some money for it. Don’t be afraid to lose 1 time out of 10 or whatever. Not value betting is like never crossing the road because you’re always afraid of getting run over.
16. You call raises with weak hands and then fold to further action. If you don’t have a plan for later on in the hand you’re no better than a monkey clicking buttons. You should always have a plan of action for later streets. Fold on that turn if you don’t know what you’re going to do on the river.
17. You don’t continuation bet.Continuation bets can pick up loads o’ little pots. Adding the cbet to your game is an instant winrate booster.
18. You continuation bet too much. Easy now tiger, cbets are good and all but not necessarily 100% of the time. On some flops you’re much better off checking. See this video on continuation betting for a quick quite on when and when not to cbet.
19. You don’t double barrel. This is often because you just cbet too much. If you’re not prepared to double barrel then hold back on those cbets.
20. You double barrel too much. Just because your continuation bet got called it doesn’t mean you need to go ahead and throw the kitchen sink at your opponent to get them off the hand. Pick your spots.
21. You triple barrel too much. I think this is going to be the biggest bankroll rapist. Poor triple barrels are going to ravage your bankroll until it’s a quivering mess.
22. You don’t 3bet enough. If you’re not 3betting your AKs and AQs against loose raises you are missing out on easy money. Put money in the middle with strong hands.
23. You call too many 3bets. If you raise and get 3bet by a tight player, what sort of hands do you think your AJo is beating?
24. You don’t get rakeback. This isn’t going to fix the root of the problem, but if you’re a break even or marginal losing player then rakeback can turn you in to a winning player overnight.
25. You play when you’re tired or drunk. As a rule of thumb, if it's not legal for you to drive, then you shouldn’t play poker either. As sad as it is to say this, think of poker as a sport. You need to be in good condition, otherwise your results will suffer.
26. You have a “lucky” hand. No, J3o isn’t lucky and it’s not going to win you any money.
    

Any of those help you out?

Oh, and for what it's worth, you definitely can win money from poker. Have a look at how much money you can win playing online poker.

Go back to the interesting Texas Hold'em articles.

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