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Poker for a living: Cash Games Online cash games are still a good way to go for anyone looking to make decent profit playing poker, but these aren’t what they used to be some years ago. Nowadays, it is much harder to find good games, especially as you move through the limits. 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. 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? Playing online poker for a living: tournaments If you have your mind set on playing online, I’d suggest you focus on MTTs. The reason for this is that these big-field tournaments still attract many recreational players, so there is an edge to be had. The best MTT grinders manage to pull the ROI of around 30% playing on an average buy-in of $100.

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. So can you.

Many individuals are unaware that whenever you play online poker the poker room takes a small fee out of each pot. Based on the rate structure maybe it’s as much as 5% of the pot value. That fee is called “the rake.”

But that’s not the big secret. The big secret is that you can get a sizable percentage of that cash back!

Online poker is a massively profitable business. Top poker sites turn over ranging from $1 million – $3 million a day. Their biggest cost is acquiring new customers. Among the ways they get clients is to cover webmasters to place ad banners and links on the sites to entice you to play on that particular poker site.

But the webmasters aren’t stupid. They understand that the folks they are sending to the poker room might generate hundreds or tens of thousands of dollars in fees or rake and they’ve shrewdly negotiated profit sharing relates to the poker sites. บาคาร่า ขั้นต่ำ 5 บาท Oftentimes the webmasters are earning 35% or more of the fees/rake you generate playing on the poker site. And not merely for a month or perhaps a year but for as long as you’re an individual!

But then the leading players – those that generate sometimes tens of thousands of dollars in rake each month (yes, there are people paying $30,000+ monthly in rake every month) – started to wonder why these webmasters were making all of this money when the ball player was the one actually generating the rake.

The greedy webmasters didn’t want to quit any of their cut and so they threatened the poker rooms to help keep quite about how much money they were making. But the smart players already knew. And most of them decided to make a new system.

What they said was, “Hey, I’ll turn into a webmaster too. And if the poker room is paying me 35% I’ll give 33% back again to my players and keep only 2% for providing the service.” Now, should you the math, the top level guys generating $30,000 a month in rake each of a sudden were getting a windfall $9,900 a month back! That’s over and above anything they may have won at the table, bonuses the website may have offered, or any other perks the website might have offered them to be this type of good customer.

Now most individuals are looking over this and believe there’s no way they can generate $30,000 a month so it’s only profitable for the big guys. Actually, anyone can register at these sites. No matter how big or small a person they are.

And one doesn’t need to play at Phil Ivey nosebleed stakes in order to produce a respectable income from playing poker. For instance, if you play $1/$2 NL poker and can enjoy four tables at a time (which is extremely doable with some practice) and play 42 hours per week, you could make approximately $76,000 per year just on rakeback. Even though you never won a cent at the tables you would be getting about $76,000 per year back.

That’s not really a bad living for many people. And if you play higher stakes, more hours, more tables, or actually win money playing poker your annual take gets even larger.

Imagine no boss, no commute to the office, no grinding away for some employer who will sack you the second sales drop. You’ve the freedom to work when you wish and as much as you want.

But if you’d to do it really in your winnings alone you may never get there. You will have to play either high stakes and for so many hours that many people would burn out. All as a result of rakeback, being truly a professional poker player is within the reach of nearly everyone.

In the event that you want to find out about rakeback, check out the links within my signature and get going on getting back everything you deserve.

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You’ve probably heard interviews or read articles before with professional poker players talking about the glitz, glamor, and occasionally the hard work that goes into making poker your living. The problem with a lot of these articles and interviews, though entertaining, is that they often neglect to give you precise details and raw insight into the who, what, when, where, and how of being a professional poker player.

If you’re serious about pursuing poker as a profession, you need to have an accurate depiction of what it’s like and actionable steps that you can take to get yourself closer to that goal. Today, I’m going to do my best to walk you through as much of this as I can and hopefully give you some insight into the lifestyle and what it takes/how to get there.

Why You Should Listen to Me

I am not the best poker player in the world. I am not even close. However, I have been playing professionally for over 12 years with poker being my sole source of income. I have made a lot of money from poker and lived a pretty great life because of it. None of this is being said to toot my own horn, but merely to let you know where all this information is coming from.

While it’s great to aspire to be the next Phil Ivey, it’s not realistic. Aspiring to be the next me is much more feasible. If I were forced to classify myself throughout my career, I would say I’m an upper middle of the road player. On average, I make six-figures a year from playing poker. I have had some years under that and some years creeping up the ladder, but that’s a good average for my career without getting into exact specifics.

It should also be noted that I was mainly a tournament poker professional and played minimal cash games. I did have a lot of close friends that played cash for a living, though, so I do have a lot of insight there I can offer. It will be from an observer’s point of view. This article is directed at any form of poker for a living but may seem slightly skewed towards tournament pros.

The purpose of this blog is to give you a REALISTIC look into what it’s like to be a professional player and give you REALISTIC information that you can use to hopefully propel your game to the next level and play for a living. I’m not here to glamorize the lifestyle or to try and make myself look cool. I’m merely posting this to try and help out aspiring professionals know what the game might have in store for them.

Things You NEED to Know

Most people have an overly-glamorized view of what it’s like to be a professional poker player. It’s a lot like looking at what someone’s life is like by looking only at their social media feeds. You’re getting a highlight reel of the best moments and never seeing any of the downsides. Now, I’m not saying the career of being a professional poker player is bad in any way. I’m just saying that there are a few things we need to clarify before we go any further.

Again, remember that all of this is in regards to most poker pros. If you happen to end up being one of the best in the world, your experiences are going to be different.

Professional Poker is Not as

Living From Online Poker