Can you make money playing poker?

Did you know that poker is not only a very exciting and popular card game? It turns out that not only can this game be very rewarding, but it can also be very lucrative.  Undoubtedly, poker is associated with great excitement and the most important role in the game is played by experience, but luck can also be relied upon. That’s why it is possible to make money playing poker.

Pros and cons of such earnings

If you compare the income from the entertainment with the work in the office, poker has a lot of advantages, let’s consider the main ones:

1. Flexible hours-you are free to play whenever you want and you do not have to wake up at the alarm not to be late for work. But note that there are peak hours in poker rooms, when a maximum number of poker players gather. These are the best times to play.
2. Independence – earning money from playing poker gives you the opportunity to earn an income without a management team. You are automatically your own boss and you are free to manage your time however you wish.
3. The pleasure of poker income. In fact, playing poker is a unique way to have fun and enjoy your time.
4. High earnings. Even if the limits are low in online poker, you can earn more than the average office worker. Even a beginner can reach this level very quickly.
5. Opportunity to increase your income. If you have the opportunity to learn from experienced gamblers, you’ll be able to move up the limits quickly, thereby increasing your profits.

Of course, making money from poker has more than just positives; there are also negatives. Because if it were that simple, everyone would switch to online gambling and make huge profits. Let’s talk about the disadvantages of this kind of earning. Be that as it may, it is psychological barriers that prevent many on the way to income. Not all people are willing to risk their money to a certain extent. Even a professional takes a risk with it. If you don’t know how to cope with stressful situations, it is better not to sit down at the gambling table hoping for luck.

Be forewarned in advance – the income on this game is not permanent. If you are in a corporate job, you can be sure you will be paid on a certain day, but in poker it is difficult to predict your income, and you never know if you will be in the red.

Once you hit a losing streak for a month or other period of time in the game, even an experienced poker player can go deep in the red.  Are you ready to work hard and not get any profit at the end of your own hard work? Many beginners naively believe that poker is similar to roulette or other gambling games. But in fact, this is far from being the case, because poker is a completely different game. Roulette is a game of fun, where you play against the croupier and you have no control over the spinning of the roulette wheel, you just make bets and that’s it. But in poker you are up against other poker players.  A gambler must know how to play poker, not just rely on a lucky outcome.

Earnings from poker: who can make an income

Let’s face it, not everyone can make money from poker. Some people play it just for fun and entertainment. Such gamblers are called recreational gamblers. They don’t aim for permanent income; they come to the poker room to increase their emotional background. Such players make up the majority of the mainstream poker players.

For those who make money from the game, the process itself does not bring emotion and is no longer as exciting as it used to be. If you are a disciplined person, you will be able to take part in the games.

The most important qualities a poker player should have are assiduity, discipline as well as stress tolerance if they want to earn money playing poker. If you lack any of these characteristics, you may be addicted to poker and try to siphon money out of you while making small amounts of money.

Before you start earning an income from poker, get training and education. It’s not enough to correctly calculate outs and learn pre-flop diagonals if you want to play in the black. The truth is that poker is a multi-faceted and quite complex game. There’s a lot of competition in it and it’s worth learning all the time. Even 11 years ago, even a beginner could beat microlimits with a familiarity with the rules. But today you need some skills and knowledge to win.

How to make money playing poker  

In fact, there are many ways to make money from playing poker. Let’s look at the main disciplines poker players can use to make money.

Sit-and-Go tournaments are recommended for gamers who are just starting out and want to earn money. They start the moment the number of participants reaches the right level. In all online poker rooms you’ll find a huge amount of limits. If you compare S&G to multi-table tournaments, you’ll find that this game has less variance and requires less investment. A gambler playing on the upside must choose a short range in order to benefit from tournaments.

The main advantages of tournaments:

Due to their high popularity, it is possible to use any limits and get not only fun, but also income.

A bigger bankroll thanks to playing at tables with different numbers of participants. Small prizes, but constantly growing.

You will not lose a large amount of your own money, even if you hit a downstream.

If you compare this type of game to MTT, you will not need to spend a lot of time at one table. SnGs can be several minutes long, and their start depends only on when the gamer joins the fun.

It’s worth noting that not only the type of game discussed above is popular among poker players, there is another type – MTT tournaments. They attract a large number of participants and substantial prize pools. Online tournaments allow you to increase your entry fee by several times. The main disadvantage is that in some tournaments the gambler will not be able to reach the prize pool.

The main income benefits of MTT tournaments are:

1. a huge selection of tournaments that can be played in any mode. They come in a variety of price ranges.
2. A very weak field in the early stages of the game, even at low limits.
3. The gambler can rip a large sum by comparing it to the buy-in.
4. An accessible poker format that gives you the opportunity to play in the plus side after a short learning curve.
5. A huge range of structures and formats.

Cash is one of the most popular types of online poker, despite being very challenging. If a poker player wants to earn income from this type of game, they need to be well “savvy” and have good mental health.

There are other ways to make money from poker:

• Rakeback.
• Backing.
• Affiliate programs.

How much income can be made from playing poker

Unfortunately, there is no exact data on how much you can earn in online poker. Professional poker players earn several millions of dollars. This income comes from winnings as well as from affiliate programs with brands and showrooms. Cooperating with brands, a poker player can earn up to $300 extra per month and if he plays well at the minimum limit (NL2), his income can reach more than $200 per month. On NL10, it could be as much as $500. At NL100 limits, earnings can be up to $1,500/month.