Is Online Poker Still Profitable?

Is Online Poker Still Profitable
People ask me all the time is poker still profitable in 2022 or not. Or they want to know if you can still make a lot of money playing online poker in particular. So here is the short answer. Yes, poker is still very profitable in 2022 but you have to be willing to work hard to get it.

It is not as easy to make big money in poker anymore. You have to study a lot more and have a professional approach to the game. But some people are pessimistic about poker these days with the tighter games and governments constantly meddling in the industry, just to name a few reasons. So in this article I am going to discuss why poker is still profitable these days and how to ensure that you are maximizing your success at the tables.

There is no question that the games today are simply harder to beat than they were 5 or 10 years ago. Many fish have either gone broke or quit. And many people have simply learned to play better. Now if you play at the lower stakes in particular there are obviously still clear exceptions to this that you can find all the time.

For instance, really bad players like this can often be found at NL2 and NL5 online: But all and all, this is a natural progression, less fish overall. There are very few people who are just going to keep giving away their money forever. This is why it is so important to constantly keep bringing new players into the game and to make sure that poker stays in the public eye.

But a lot of people forget that the time of the “poker boom” (which was roughly between 2003 when Chris Moneymaker won the WSOP Main Event and 2011 when Black Friday hit the US poker market) was really a unique time in poker history. In fact, it was a total outlier really.

Unless we somehow hit it big in Asia one day (China in particular) we are just unlikely to ever see something like this happen again. Let me explain for those of you who are newer to the game. During the poker boom everybody and their dog was playing poker. It was all over the TV every night and every celebrity was wanting to be seen playing the game.

In short, it was the “cool” thing to do in popular culture. This meant tons of loose action and tons of bad players. I remember railbirding (watching) some high stakes games at the time and there were people playing online at limits like $5/$10 and $10/$20 with thousands of dollars on the table who barely knew the rules of the game! You really can’t even compare the games of today to this time period (especially early on in the poker boom, ’03, ’04, ’05, ’06) because this was a unique moment in poker history that is very unlikely to ever happen again. Is Online Poker Still Profitable Poker is a game that has a large and loyal following whether it is played in casinos, home games or online. However the game of poker still doesn’t have that true breakthrough appeal to the much broader public like movies or video games do for instance.

And there is nothing wrong with this at all! Most people will likely always view poker as a game of luck similar to other casino games. And quite frankly, I am totally fine with that. I don’t want them to educate themselves and understand that it is a game of skill that can be beat. That there are certain fundamentally sound poker strategies that I use to beat them again and again.

Because that would reduce my edge. I want them to keep thinking that I just get lucky all the time. So they can keep deluding themselves into thinking that they will finally beat me when their luck turns around. But this large level of ignorance will also prevent the game of poker from ever gaining that huge level of mass appeal again (and huge amounts of dead money with it).
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Does anyone make a living playing online poker?

Many People Have Decided To Take Up Poker While Being Quarantined. –

Is Online Poker Still Profitable There are many ways to make money on the web, and online poker is definitely a legitimate one to do it. In fact, there are thousands of professionals who play online poker on a daily basis and earn good money from it. Therefore, to answer the topic question right away — yes, you can make a living by playing poker online.

However, that’s not the right question to ask at all, so let me make a little correction right away. The right question should be this – How hard is it to make a living by playing poker on the web? Now, this is definitely something that you’re not going to like. It’s pretty difficult and requires a lot of practice, dedication, and sacrifice.

Poker player Adrian Sterne from Top10PokerSites.net published a well detailed article on making a living by playing poker online, Feel free to check that out if you want to learn more. Online Poker Is a Job One thing you should understand is that making a living by playing online poker means accepting that this type of activity is a job at which you have to perform exceptionally well to earn your wage.

  • Therefore, if you consider it just an interesting pastime, you might earn some and lose some, but you’ll not be able to make a living out of it.
  • As soon as you understand that you have to devote your time, energy, and money to it, you are on the right track to become a professional poker player,
  • Understand How to Earn from Online Poker Earning from playing poker means understanding the way money flows within this game,
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The first thing you should take into account is that the majority of people play it for fun. Some might be good at it, but the reality is that many of them are fish. Aiming for fish is something that all professionals do, as that is almost a certain profit.

Players who understand how to play against new and inexperienced players have a firm ground from which they can take off and play poker. However, playing against fish is definitely not your main source of income. Once you have enough capital to invest in the game, you would be able to see higher returns.

Simply put, playing low-stake tournaments and cash games is not as lucrative as playing high-stake ones. If you’re good enough to beat opponents at high stakes, you can earn more money. One of the important things you immediately need to understand if you want to earn money from online poker is that variance shouldn’t affect you.

  1. Professional poker players know that they might lose their entire stack and are ready to make such a loss on a short-term basis.
  2. In other words, they accept that the element of luck is an inevitable factor in playing poker and that they will have periods when they lose more than they win.
  3. It’s Often Very Risky No matter how good they get, every professional player on the web who earns a lot of money this way is ready to risk.

When you think of it, the risk is an inevitable part of starting any business. In fact, it’s a part of life and, as such, it’s present in the game of poker. Imagine starting a business that offers products for professional athletes. You started it in December 2019 and your business began booming right away, as top-rated athletes have been buying your products.

Then, all of a sudden, a pandemic kicks in, pulling all sports events to a halt. You’re out of money, but that was the risk you were willing to take. The same goes for poker. Although pandemic might not really affect it, there are many ways that can make you hit the rail before you even start. The good news is that the more you practice and the more you study, the element of luck would have a lesser impact on your game.

You’ll Have a Lot of Studying to Do Being a successful online poker player is something that requires you to watch hundreds of videos and read dozens of books about poker. Poker is a simple game on the surface, and it’s definitely entertaining to play from time to time.

  • However, there’s a lot of theoretical knowledge that you have to acquire before you can call yourself a professional player.
  • Many great poker players, such as The Godfather of Poker himself, have “written useful books “:https://www.goodreads.com/book/show/16572.Doyle_Brunson_s_Super_Systemthat are often regarded as obligatory reads for all players who want to go pro.

What the majority of these books deal with is mathematics, and the sooner you accept that fact, the better you’ll become. Playing poker on the web as a professional means dealing with a lot of numbers, stats, odds, and whatnot. It means being able to calculate the best possible outcome of your hand and make the mathematically most accurate decision.

It takes time to master that. I’m not talking about days or weeks — I’m talking about years and years of experience. You don’t really have to be a talented mathematician to do it, you just need to understand these processes right away and apply them to your online poker sessions. Final Thoughts: Professional Poker Is NOT for Everybody Like it or not — we’re born with certain talents.

Although I agree that the talent is 2% and hard work 98%, I also understand that those without that 2% of talent would never be able to perform at 100%. Sadly, earning in online poker to make a living requires being at the top 10% or at least the top 20% players on the platform you’re using.

  1. To do that, you need to have at least some talent.
  2. But what exactly is a poker talent? It’s the skill of being able to read people and their actions.
  3. It’s sometimes more like intuition than a skill.
  4. This can be learned with time, but some people would require much more time to master it than others.
  5. Sadly, some players never master it.

Therefore, the best approach to playing online poker is to accept the fact that it’s not for everybody. It requires a specific combination of talent and hard work that only some people have.
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Is online poker still beatable?

Final Thoughts – So is online poker beatable in 2022? Yes, of course it is. All you have to do is go load up a bunch of random NL2 and NL5 games right now on literally any poker site. Anybody with even a passing knowledge of how to play TAG poker (and who has a little bit of tilt control) will do just fine in these games.

  • In fact I even wrote the book on how to totally annihilate these two games in particular, Crushing the Microstakes.
  • Now yes of course online poker gets harder when you move up to higher stakes with “real money” on the line.
  • But this is inevitable.
  • When significant money is on the line in anything in life, people take it much more seriously.
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Also, online poker is not the gold rush that it was 10 or 15 years ago. Heck, the games aren’t even as easy as they were 5 years ago! But once again, this really should just be common sense. People get better, they study, they learn and the fish eventually go broke.

However, online poker is still easily beatable for somebody who takes this thing seriously and is willing to put in the time and effort in all aspects of their game. And those are game selection, strategy and the mental game. Look, the bottom line is that poker is a game played between people and so there is always going to be a pecking order.

Some people simply want it more than others and are willing to work harder. Poker also has this amazing built in element of short term luck so that all the amateurs can keep deluding themselves into thinking that their losses are all the result of their “bad luck.” Bottom line, if you really want it, then poker will always remain beatable for you. Is Online Poker Still Profitable
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Is live or online poker more profitable?

Rock Star –

#16

Poker online vs live Good morning everyone, in my opinion online poker is much more profitable, because you can play dozens of mtt online and this is not possible in live poker. Only for top players, live poker is more profitable than online. Bryn Kenney Justin Bonomo Phil Ivey Phil Hellmuth Daniel Negreanu For these players and some others who are far above the average, live poker is much more profitable.

#17

Online is better than live. Because it´s safe to play & we don´t need to waste time.

#18

for me live is more profitable by far. i attribute this to better reads because you are able to see your opponents. also being able to be vocal helps misguide opponents and gather information on them with simple table-talk.

#19

On line, in my opinion is grossly unfair, it’s one thing to get a bad beat, it’s another to have it programmed. spoils the game. having said that,i would go to a site, that played truly random hands.

#20

They are different ways of playing but I think both have their advantages

#21

It depends, if you study a lot but have difficulty making live reads, then it will probably be more profitable. Otherwise, live tends to be much softer.

#22

I think the problem at online poker is you did not know the players or not very good they changed too fast,when you play live you know mostly whow the players play,so I have better chances to win
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What happened to online poker?

Poker Players shut out? – 3 of 4

Is Online Poker Still Profitable Gaye Gerard/Getty Images The online poker player will have to find new ways to play cards with the latest accusations. The biggest problem for the companies is receiving funds from a player that lives in the U.S. In the case noted above. Poker rooms would accept money by disguising the payments. The payments would be covered up and made to look as if the player was paying a bill or purchasing a gift. Since PokerStars, Full Tilt Poker and Absolute Poker were heavily advertised in the United States, it was only a matter of time before they were shut down. If poker players continue to play online they will have to play at their own risk or make a trip to a legal casino in the states to enjoy poker.

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Is online poker luck or skill?

Conclusion: Is Poker Based on Luck or Skill? – The answer to whether poker is gambling or based on skill is that it’s a little of both. In order to win a hand, a player will need some element of luck, but they’ll also need to know exactly what to do with the cards and the situation in front of them.
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What is the average salary of a poker player?

As of Nov 22, 2022, the average annual pay for a Poker Player in the United States is $42,591 a year. Just in case you need a simple salary calculator, that works out to be approximately $20.48 an hour. This is the equivalent of $819/week or $3,549/month.
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Is online poker worth it in 2022?

People ask me all the time is poker still profitable in 2022 or not. Or they want to know if you can still make a lot of money playing online poker in particular. So here is the short answer. Yes, poker is still very profitable in 2022 but you have to be willing to work hard to get it.

It is not as easy to make big money in poker anymore. You have to study a lot more and have a professional approach to the game. But some people are pessimistic about poker these days with the tighter games and governments constantly meddling in the industry, just to name a few reasons. So in this article I am going to discuss why poker is still profitable these days and how to ensure that you are maximizing your success at the tables.

There is no question that the games today are simply harder to beat than they were 5 or 10 years ago. Many fish have either gone broke or quit. And many people have simply learned to play better. Now if you play at the lower stakes in particular there are obviously still clear exceptions to this that you can find all the time.

  • For instance, really bad players like this can often be found at NL2 and NL5 online: But all and all, this is a natural progression, less fish overall.
  • There are very few people who are just going to keep giving away their money forever.
  • This is why it is so important to constantly keep bringing new players into the game and to make sure that poker stays in the public eye.
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But a lot of people forget that the time of the “poker boom” (which was roughly between 2003 when Chris Moneymaker won the WSOP Main Event and 2011 when Black Friday hit the US poker market) was really a unique time in poker history. In fact, it was a total outlier really.

  1. Unless we somehow hit it big in Asia one day (China in particular) we are just unlikely to ever see something like this happen again.
  2. Let me explain for those of you who are newer to the game.
  3. During the poker boom everybody and their dog was playing poker.
  4. It was all over the TV every night and every celebrity was wanting to be seen playing the game.

In short, it was the “cool” thing to do in popular culture. This meant tons of loose action and tons of bad players. I remember railbirding (watching) some high stakes games at the time and there were people playing online at limits like $5/$10 and $10/$20 with thousands of dollars on the table who barely knew the rules of the game! You really can’t even compare the games of today to this time period (especially early on in the poker boom, ’03, ’04, ’05, ’06) because this was a unique moment in poker history that is very unlikely to ever happen again. Is Online Poker Still Profitable Poker is a game that has a large and loyal following whether it is played in casinos, home games or online. However the game of poker still doesn’t have that true breakthrough appeal to the much broader public like movies or video games do for instance.

And there is nothing wrong with this at all! Most people will likely always view poker as a game of luck similar to other casino games. And quite frankly, I am totally fine with that. I don’t want them to educate themselves and understand that it is a game of skill that can be beat. That there are certain fundamentally sound poker strategies that I use to beat them again and again.

Because that would reduce my edge. I want them to keep thinking that I just get lucky all the time. So they can keep deluding themselves into thinking that they will finally beat me when their luck turns around. But this large level of ignorance will also prevent the game of poker from ever gaining that huge level of mass appeal again (and huge amounts of dead money with it).
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Is online poker full of bots?

Will Poker Bots Kill Online Poker As We Know It? – The biggest concern many players have is whether these bots will completely ruin the game. It’s hard to make predictions for what might happen in the future, of course, but it’s safe to say we’re not there just yet.

Most poker bots are focused on cash game tables. MTT players don’t have to deal with many bots, and the reason for this may be the fact that the AI behind them isn’t geared to handle the ever-changing nature of poker tournaments. Cash game players have it harder. It’s no secret that there are bots hanging around, even at very respectable stakes at certain poker rooms.

But the operators are mainly taking a stance against these poker robots, and many of them will likely do their best to protect actual players. Finally, the game of poker may change and will almost certainly change in the future. Whether it’ll include bots or not is anyone’s guess, but even if poker rooms allow it, I have very little doubt in my mind that human players will come up with very effective strategies to beat the new competition.
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Why do I always lose in online poker?

5. Use Timeouts to Stop Losing at Poker – The last and probably most effective way to stop losing at poker is to use timeouts to control your tilt when it starts building. Tilt or frustration is easily the #1 reason why people fail to win in poker. It isn’t that they don’t have the skills to win, it’s that they throw away all their profits when the cards go south on them. Is Online Poker Still Profitable So I would recommend making use of timeouts when you take a few bad beats in a row. This means that you immediately get up from the table and go walk around for a few minutes. Try doing some deep breathing exercises. This allows you to calm yourself down and prevents you from making emotionally charged poor decisions at the poker table.

If you feel that your level of tilt and frustration is extremely high, then you should just quit playing poker for the day completely. Remember that the games will always be there again tomorrow when you have a clear mind. One of the best pieces of advice I can ever give you to stop losing at poker is to stop playing when you are feeling tilted.

This literally ruins entire poker careers, bankrolls and dreams in this game. By the way, I discuss this in much more detail in my new Elite Poker University training. Learn EXACTLY how to start crushing small and mid stakes poker games, play semi-pro or even full time pro.
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