Online poker can be a fun hobby and a good way to train to become better, to increase your chances of winning in the face of your friends or the casino. But what you may not know is that thousands of people make a living playing regular poker online. Although you may not be able to make a living solely through online poker, you can certainly make an interesting additional income if you can understand the best ways to make money from online poker. The best players are often able to live the only poker, but they must spend a lot of time to learn to master the art of poker online. Read the rest of this article to discover the secrets to make money playing poker on the internet.
The potential winnings of online poker
One of the first things you want to know when you want to start poker on the internet is how much money you can expect to win. This amount will depend on the type of games you play, how much time you spend there and the cash limit of the tables you play. Many people believe that the people who win the tournaments always play considerable sums and make huge profits while playing, but this is not always the case. The buy-in of tournaments is often proportional to the potential winnings, so a good proportion of the money you earn simply covers the cost of entry.
For those who do not win, this cost simply becomes a loss.
A good example is poker player Daniel Negreanu, who had a record year in 2013. He has won 51 tournaments and $ 944,126 (about € 850,000) in profits, which is significantly less than the sum of all bonuses he pocketed. The reason is that he had to pay about $ 900,000 of entrance fees. In short, he was investing his premiums from the previous tournament to pay the next one. He could have gotten out well before, but then he suffered 12 defeats in a row which reset the scores and let him start all over again.
The best way to make money with online poker
When you go to the casino, you earn money by winning at a table, but trying to be better than your opponents is not the best way to proceed on the internet. As previously explained, the potential gains are to be calculated once the entry fees are subtracted. To earn large sums you must pay important buy-ins and therefore increase your costs. Most players prefer the “grinding”. Grinding has focused on volume rather than large amounts. By playing more games for small winnings, you have more chances to win and therefore increase your cumulative winnings. In addition, grinding allows you to be eligible for loyalty programs that offer different benefits in cash, and are therefore very interesting.
One of the best loyalty programs is rakeback. With rakeback, you recover a portion of the money you lost on the online poker site. Players who play many tables simultaneously for several hours can earn money and maximize profit through rakeback. Even if your win rate decreases with the number of tables you play, you can make more hands and thus earn more money per hour.
Choose the right game
One of the most important things to consider when you want to make money online with poker is to choose what kind of poker you play. You will have to find the one best suited to your style if you want to make money. An example of a known player who was eventually overtaken because he did not choose the right game is Gus Hansen. When he started to emerge on the competitive poker scene, he is said to be one of the best. He won a lot of face-to-face tournaments, but when he started playing online, something unexpected happened. From May 2007 to January 2014, Hansen played more than 1.3 million hands and lost more than 15.6 million dollars (about 14 million euros).
In actual poker, Hansen had managed to earn more than $ 11.2 million (about 10 million) and many of his fans did not understand this gap between his online games and his games. The reason why Hansen lost so frequently is that he did not know how to choose the right kind of parts for his style. He never really found his niche on the net, and despite his skills was not able to live properly online poker.
Tips for making money online with poker
If you want to be able to earn a good living as an online poker player, follow these tips:
Familiarize yourself with the news on how to bet. Many novices do not know that there are modes that go and come into the world of online poker. You need to keep abreast of these modes to understand how other players play if you want to be a serious designer. The best way is to regularly consult the blogs dedicated to poker. Blogs are interesting because they are updated regularly with the latest news.
Learn about the different online poker sites.
Another thing to do if you want to succeed is to find out what are the legal sites in your area. Learn more about their loyalty programs and how to get them. Then choose the site that best suits your style of play. Then on this site, find the parts that best fit your style of play, so you put yourself in favorable conditions to succeed.
Playing poker with your emotions can diminish your chances of winning. You must have a calm, serene, angry and fearless approach. It can take time to stabilize your mind and develop a favorable mood for victory. One way to do this is to read books dedicated to poker, such as Jared Tendler’s Mental Game of Poker.
Online poker can be a very good source of income for those who are willing to invest their time and energy in grinding on multiple tables, and who are willing to stay calm and keep playing despite losses. Compared to other methods to make money online on FortuneNinja.fr, making money online by playing poker can be very fast but also very risky. This method can be compared to our method to make money with binary options because likewise, the profit can be very fast.
To really excel, you will have to immerse yourself in the world of poker by staying abreast of the latest trends in the field. You will have to invest fully in the same way as if you were training for a sport where you wanted to become a professional. Also, it is important to remember that even if your skills can help you, a good part of the game remains tied to luck. Sometimes you will lose a lot of money and go through a series of defeats. That’s why it’s important not to give up. By continuing to grinding and playing, you can come back on your losses and earn a lot of money!