Making a living through online poker is possible as you’ve seen. However, it’s patience and discipline that will take you to those heights. Also, honesty with yourself and being smart with your bankroll will allow you to turn this game into a money-maker. Society has mostly agreed that you can actually make a decent living playing poker. The idea of being able to cover all of your bills, live a good life, and even save some money on the side playing a game you love has a certain appeal. However, as with many things in life, playing poker for a living in 2020 isn’t all that easy. Make a living Playing Online Poker There’s a dirty little secret going on in the online poker world that people don’t want you to know about. Nearly every professional player knows about this secret and they’ve found a way to make money from it. Poker can take a toll on you after playing it for a living for years. It’s long hours in sometimes crappy conditions and constant stress day in and day out. This can cause burn out pretty quickly if you don’t make strides to stay ahead of it. 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.
There was one a time when professional poker players were limited to casinos. Still, the online world ensures that those with a passion for poker always have access to live games with challenging opponents. However, is it possible to make a living from playing poker online?
Although it is possible to make a living playing poker online, it is not for everyone. Of course, big wins can make the prospect very alluring, but those with uncertainties or a lack of experience should ensure that playing poker online is something that they can contend with.
How Do I Know If I Can Make a Living from Online Poker?
In short, if you are fearful of losing money that you cannot afford to lose, then making a living from online poker is not for you. However, if you find you can contend with bad days and be responsible when the wins occur, then it is certainly possible to make a living from online poker.
Necessary Character Traits Require for Making a Living from Online Poker
Although a game of poker has elements of luck involved, there are a series of character traits that help when making a living from online poker, which include the following:
Self-Control: Winning a small fortune following a game of online poker can be exciting, but it is essential that the prize money is accounted for and dealt with responsibly. Simply splashing out after every big win could mean that you have truly little spending money during turbulent times.
Confidence: Those who are not confident in their role will find that they are less likely to take risks, meaning the returns could be limited. This is not to say that professional online players should risk everything, but not having the confidence to take risks now and again could mean less concerning winnings.
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Focus: Depending on the income you are trying to achieve, playing poker online can involve exceptionally long hours. In some instances, online poker players can find themselves investing as much as 50 hours per week, so playing online poker for a living can be harder than conventional job roles.
Like any job role, the playing of poker can become stressful and monotonous at times, but poker players mustn’t lose focus. Those that do typically lose a small fortune in the process.
Other Requirements to Make a Living from Online Poker
As well as possessing the correct character traits, those looking to make a substantial living from playing online poker also need the following to ensure that they can sustain their career. The great thing about using poker apps is you can practice and play from anywhere. You can hone and tune your skills whilst on a break at work, or in front of the TV and really ramp up your game.
Reputable Poker Rooms: It can be assumed that if a business is offering poker-based games, then it is trustworthy and reliable. Although this is true for the most part, there will be online platforms looking to take advantage of online poker players.
As such, you should ensure you carry out some research on each online poker platform you are interested in and garner a good understanding of how each platform works.
Reliable Devices: Regardless of whether you are using a smartphone or laptop, it is vital to ensure you are using a device that can be relied on. It is easy to assume that all computers and smartphones are the same, but nothing could be further from the truth.
Budget tablets and laptops are ideal for light users, but every second counts when playing online poker, and any stuttering or device failures could mean losing a small fortune.
Realistic Bankroll: Those that are approaching online poker as a living will already know the importance of a realistic bankroll, but it is important to reinforce how integral it is.
Regardless of whether you are looking to make a substantial living or just enough to take care of the bills, it is essential to ensure that you have the right investment to hand. If you are unsure as to how much that amount should be, then it can be worthwhile backtracking before committing to online poker.
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While not a role for everyone, those with a passion for poker and the right personality traits could find that they can make a substantial income playing poker online.
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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.
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.
Making A Living From Online Poker Games
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.